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Saturday, August 8, 2020

Bizna Reporter

ARM posts Sh. 355 million loss

Athi River Mining has posted a loss following sharp depreciation of the Kenyan and Tanzania currencies, pushing up the cost of dollar denominated borrowings. The cement maker made a loss of Sh355 million in the first half of 2015 compared...

China now limits stock trading accounts over volatility

China's two stock exchanges have slapped trading limits on more than 20 accounts as the market regulator on Friday announced a crackdown on computerised "programme trading", which it blamed for recent volatility. The moves are the latest steps by authorities...

Move away from buying stocks to bonds

The following analysis by George Bodo was first published in the Business Daily. You should no longer buy stocks at the NSE. Instead, you should closely watch them and consider shift to bonds. There have been three risks to buying...

KCB posts Sh. 9 billion half year net profit

KCB has posted a Sh. 13.2 billion profit before tax and a Sh. 9.2 billion net profit for the 2015 half year. This was an increase of 13 per cent from the Sh. 11.7 billion the bank recorded the...

Ndindi Nyoro: KQ has become a national shame

Kenya Airways has set the lowest record in the history of Corporate Kenya after recording a net LOSS of Ksh 25.7 Billion for year 2014. Enough money to build an overpass "Dual carriage" from JKIA to Waiyaki way or...

Kenya Airways posts record Sh. 25.7 billion net loss

Kenya Airways has reported a record Sh25.7 billion loss after tax attributable to competition from Middle East carriers and high operating costs. The airline also blamed travel advisories that led to a slump in the tourism industry, as well as...

Easy way to control intestinal worms in cows

Your livestock may look healthy but suffer from internal parasites infestation such as worms. Common parasites include roundworms, tapeworms and flukes. If not treated, worms compete and drain the animal of crucial nutrients resulting to poor health, slow growth rate,...

How shares at the NSE traded on Wednesday

AGRICULTURAL Company Last Traded Price(Ksh) Prev Price(Ksh) Change(%) Eaagads Ltd Ord 1.25 35.00 35.00 0.00 Kakuzi Ord.5.00 325.00 325.00 0.00 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 16.80 16.40 +2.44 Williamson Tea Kenya Ltd Ord 5.00 399.00 396.00 +0.76 AUTOMOBILES AND ACCESSORIES Company Last Traded Price(Ksh) Prev Price(Ksh) Change(%) Car and General (K) Ltd Ord 5.00 44.75 44.75 0.00 Marshalls...

Pay capital gains tax until December, KRA tells investors

has ordered investors at the Nairobi Securities Exchange (NSE) to continue paying capital tax until the end of the year, ushering in more bad news for a bear market. The Kenya Revenue Authority (KRA) clarification means those who have...

Never make investment decisions in haste

To do, or not to do - that is the question. Business leaders get paid big bucks to make smart, informed decisions about whether or not to take the plunge on a potential venture, yet there is no science...

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