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Saturday, January 25, 2020

Market turnover surges to Sh1.9billion during Tuesday trading

Daily market report: February 6, 2018 Equities Equities were boosted by the sale of Safaricom shares during Tuesday trading. The turnover surged Sh1.9billion from the previous session’s Sh744 million. The number of shares traded stood at...
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...

Agha Khan fund nets over Sh200 million in Jubilee dividends

Jubilee Insurance top ten shareholders will carry home about Sh335 million in total dividends after the company posted a 15 percent rise in after-tax profits to Sh4.2 billion. Jubilee Holdings Board declared a final dividend...
Guinness Hop House 13

EABL is betting on a new Guinness variant to drive revenue growth

Two hundred and fifty years later, Guinness remains one of the most popular beers in an arguably overcrowded booze market. And, on 27th of September, the Irish brewer which trades in Kenya...

Sale of Imperial Bank set to rekindle fight between regulator and former shareholders

Some insiders are speculating on the sale of Imperial Bank with expectations that fellow Ismailia lender Diamond Trust Bank will acquire it in a deal similar to State Bank of Mauritius Chase Bank take...

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