23 C
Kenya
Saturday, August 8, 2020

Bizna Reporter

Co-op Bank half year net profit jumps to Sh. 6.24 billion

Co-operative Bank net profit for the six months to June has increased 32 per cent to Sh6.24 billion compared to Sh4.72 billion posted during a similar period last year. The lender’s operating income for the period grew 10 per...

Is Sankara Hotel inflating customer bills through parking fee charges?

Sankara Hotel is on the hot seat. Numerous allegations have been made, alleging that the 5-star hotel Sankara has been unduly charging its customers parking fees City Council style, charges it includes in the total bill. The latest to make...

Citi Bank predicts tough economic times, shilling to slide further against dollar

Kenyans should brace for tougher times through a much weaker shilling that is forecast to slide to Sh103.50 against the US dollar by year-end, according to economists at Citi Bank. They say heavy imports not matched by foreign exchange...

How all your shares traded yesterday on NSE

AGRICULTURAL Company Last Traded Price(Ksh) Prev Price(Ksh) Change(%) Eaagads Ltd Ord 1.25 29.75 32.75 -9.16 Kakuzi Ord.5.00 352.00 353.00 -0.28 Limuru Tea Co. Ltd Ord 20.00 1,090.00 1,090.00 0.00 Rea Vipingo Plantations Ltd Ord 5.00 27.50 27.50 0.00 Sasini Ltd Ord 1.00 15.00 16.10 -6.83 Williamson Tea Kenya Ltd Ord 5.00 394.00 394.00 0.00 AUTOMOBILES AND ACCESSORIES Company Last Traded Price(Ksh) Prev Price(Ksh) Change(%) Car and General (K) Ltd Ord...

Barclays Bank to lend Sh. 30 billion to small businesses as battle for SMEs intensifies

Barclays Bank has announced a Sh30billion war chest to lend to the Small and Medium Enterprises (SMEs), as the bank moves to tap into the market that has been dominated by micro lenders. The bank Tuesday said it had dropped...

China devalues yuan

The People's Bank of China allowed the yuan to depreciate by nearly 2% against the U.S. dollar on Tuesday, the result of a surprise policy change that roiled international currency markets. The sudden devaluation is the largest in two...

Toyota Prado vs Toyota Surf

The choice between a Toyota Prado J90 and a Toyota Surf is not an easy one. It mostly boils down to the predominant use intended for the vehicle. The Prado seats seven, the Surf seats five. On the other hand,...

Sylvanus Osoro: from hawker to CEO

At 28, you run a company with 14 branches in the country and a presence in Kigali and Kampala. How did Pitface Marketing Division (PMD) start? PMD started in a simple way with few employees. We train Form Four leavers...

How all your shares traded on NSE yesterday

AGRICULTURAL Company Last Traded Price(Ksh) Prev Price(Ksh) Change(%) Eaagads Ltd Ord 1.25 32.75 32.75 0.00 Kakuzi Ord.5.00 353.00 325.00 +8.62 Limuru Tea Co. Ltd Ord 20.00 1,090.00 1,090.00 0.00 Rea Vipingo Plantations Ltd Ord 5.00 27.50 27.50 0.00 Sasini Ltd Ord 1.00 16.10 16.10 0.00 Williamson Tea Kenya Ltd Ord 5.00 394.00 395.00 -0.25 AUTOMOBILES AND ACCESSORIES Company Last Traded Price(Ksh) Prev Price(Ksh) Change(%) Car and General (K) Ltd Ord 5.00 40.50 42.00 -3.57...

NSE continues to rise

Britam and Safaricom led the stock market in recording a third straight session of gains as foreign investors buying boosted key counters in the market. Britam was up 7.4 per cent to Sh19.55 and Safaricom 5.5 per cent to Sh15.35,...

About Me

5794 POSTS
0 COMMENTS

Latest News

Ann Gachugu: I left my banking job in Australia to farm in Kenya

“I had a banking in Australia before I quit my job to return home to become a mushroom farmer....

Cost and materials for 3 bedroom master ensuite mabati house

Three Bedroom Mabati House: How much would it cost you to build  three bedroom mabati house that has a master ensuite? Well, one home...

How Jeff Koinange struck deal to save his homes from auctioneers

Jeff Koinange House: In April this year, prominent media personality Jeff Koinange hit the headlines after auctioneers issued a notice against his two houses....

See List: Top 10 highest paid CEOs in Kenya and their salaries

Highest Paid CEOs in Kenya: Some of Kenya's chief executive officers take hundreds of millions in salaries every year. In this feature, we take...

KENHA to pay Grand Mullah Sh. 750,000 for damaged Bentley windscreen

Grand Mullah Bentley: Popular Senior Counsel Ahmednassir Abdullahi is set to get nearly Sh. 1 million from the Kenya National Highways Authority. The counsel...