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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...

Safaricom to announce full year results on Wednesday

Safaricom is expected to announce its full-year earnings for the year ended March 2018 on Wednesday this week, in what is expected to be another good run for the telecommunications firm. Analysts at Renaissance Capital...
NSE

Market turnover shrinks 22 per cent on Thursday as Safaricom dominates days trading

Daily Market report: February 1, 2018 Turnover declined on Thursday to Sh497million from the previous sessions Sh638million as the number of shares traded stood at 15.2million shares against 20million shares posted yesterday. The NSE 20 Share...

Safaricom record share price was overpriced by Sh250 billion, analysts say

With 22 days to go for Safaricom to announce its financial performance, the top telcos share price has hit record levels. Safaricom shares traded between Sh30.25 and Sh31 .25 on Monday and hit a 52-week...
NSE

Markets in March anticipate company profits

The market enters a new month with low inflation expectations; at 4.46 percent CPI has sunk to a 57 month low and the drought period expected to end with anticipation of long rains. In the...

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