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KenolKobil

Surge of KenolKobil shares slows signaling correction

After surging between October 16 and October 19, KenolKobil shares seems to be witnessing a correction at the Nairobi bourse. Yesterday, KenolKobil (KENO Sh15.3) was the top mover after moving a large block of 373.5 million...

The cost of a full trade war on tariffs

In a trade war, everyone loses. According to the United Nations Conference on Trade and Development (UNCTAD), exporters will face higher tariffs regardless of whether they are in developed or developing countries.  Trade war tariffs are based...

Foreign buyers target Britam as locals buy into Safaricom billion shillings profits

Investment firm Britam Holdings (BRIT Sh15.80) gained the most in yesterday’s trading and moved the largest amount of shares pulling through 41.1 million shares with a 6.8 bump in share price. According to Standard Investment...
ARM Cement

Paunrana turns default to hope

The week opened with news that Athi River Mining had defaulted on the interest of a privately placed paper in June, portending further defaults with expectations that it is to settle a whopping Sh13...
Shelter Afrique

Mortgage lender gets nod to restructure loans

Bond holders have given Shelter Afrique a go ahead to renegotiate it's short term loans over the next three months. The mortgage lender can now breathe easy and bring the seven banks to the table...

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