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KenGen half year profit down by 38 per cent to Ksh.5.1 billion
By Kepha Muiruri,
1023, February 26, 2021 (EAT)
Electricity generating firm KenGen has reported a 37.8 per cent profit decline in six months of operations to December 31, 2020 with earnings falling ...
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Carbacid half-year profit rises to Ksh.210 million
By Kepha Muiruri,
2120, February 24, 2021 (EAT)
Industrial gas manufacturer Carbacid Investment Plc has announced an 18 per cent half-year profit growth to Ksh.210.4 million from Ksh.178.7 million l...
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BAT profit rises by 41pc to Ksh.5.5B on lower costs, taxes
By Kepha Muiruri,
1728, February 18, 2021 (EAT)
BAT Kenya has announced a 41 per cent growth in profit for the year ended December 31, 2020 to Ksh.5.5 billion from Ksh.3.9 billion in 2019. The hi...
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Central Bank of Kenya pays Treasury Ksh.5B ‘dividend’
By Kepha Muiruri,
1355, February 18, 2021 (EAT)
The Central Bank of Kenya (CBK) has transferred Ksh.5 billion to the National Treasury as its substantive dividend covering operations in the year end...
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Safaricom’s share rallies to new high, again after surprise dividend pay
By Kepha Muiruri,
1048, February 12, 2021 (EAT)
Safaricom’s share price has rallied to yet another high after the declaration of a surprise interim dividend on Thursday. The stock price touched...
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Safaricom shrugs virus concerns to declare Ksh.18B shareholder pay
By Kepha Muiruri,
1301, February 11, 2021 (EAT)
Leading telecom operator Safaricom has shrugged off virus concerns on operations to approve a Ksh.18.03 billion half year dividend pay out to sharehol...
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Kengen pays Ksh1.15B to National Treasury as 2019 dividend
By Citizen Reporter,
1024, February 10, 2021 (EAT)
Leading power producer Kenya Electricity Generating Company PLC (KenGen) on Tuesday paid the National Government Ksh. 1,153,856,022 in dividends for t...
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NSE investors take profit positions ahead of 2020 results
By Kepha Muiruri,
1452, February 9, 2021 (EAT)
Nairobi Securities Exchange (NSE) investors are moving to take up profit taking positions ahead of the release of 2020 full year financial results. ...
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‘Ghost’ positive as Stars hit camp ahead of Afcon qualifiers
By Jacob Icia,
1258, February 9, 2021 (EAT)
Jacob IciaChief football writer Harambee Stars head coach Jacob ‘Ghost’ Mulee is optimistic early preparations for the forthcoming Africa Cup of ...
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EABL half-year profit sinks by 47 per cent to Ksh.3.8 billion
By Kepha Muiruri,
1832, January 28, 2021 (EAT)
The East African Breweries Limited (EABL) has announced a 47.3 per cent dip in profit for the half year period ending in December 2020 to Ksh.3.8 bill...
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Kimanzi hails Wazito after comeback to stop Bidco
By Jacob Icia,
2229, January 18, 2021 (EAT)
Wazito FC head coach Francis Kimanzi is chuffed at the character his charges exhibited in their Sunday’s 2-1 win over stubborn Bidco United, despite...
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Government to enhance regulations governing Saccos
By Citizen Reporter,
1304, December 21, 2020 (EAT)
The government has begun a process of enhancing regulations governing the country’s co-operatives sector. State Department of Co-operatives Princ...
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KTDA declares Ksh.734M dividend for tea farmers
By Citizen Reporter,
1653, December 18, 2020 (EAT)
The Kenya Tea Development Agency (Holdings) Limited on Friday declared a Ksh. 734million dividend for its smallholder tea farmers for the financial ye...
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COVID-19 tax reversals to complicate tax filings for companies: KMPG
By Kepha Muiruri,
1410, December 18, 2020 (EAT)
The reversal of COVID-19 tax cushioning measures is expected to lead to complications in accounting for company tax filings for the year. This is a...
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West Ham move to fifth on PL table after Villa win
By Agencies,
817, December 1, 2020 (EAT)
West Ham moved fifth in the Premier League with a 2-1 victory over Aston Villa in a pulsating match at London Stadium. Villa's Ollie Watkins was ...
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Investors in publicly listed firms at NSE set for barren dividends season
By Kepha Muiruri,
901, November 20, 2020 (EAT)
Investors in publicly listed firms at the Nairobi Securities Exchange (NSE) are set for barren dividends returns for the year as companies continue to...
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Stars blow chance as Comoros hold on for point
By Jacob Icia,
1629, November 13, 2020 (EAT)
Harambee Stars were held in a 1-1 draw by 10-man Comoros at the Moi International Sports Center, Kasarani as they blew the chance to go top of Group G...
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Free mobile cash transfers to eat into Safaricom’s profit cake
By Kepha Muiruri,
1429, November 2, 2020 (EAT)
Free mobile money transfers below Ksh.1000 implemented in mid-March are expected to curve a part of Safaricom’s profit when the company publishes it...
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Tea bonus falls to Ksh.27.6 billion
By Kepha Muiruri,
1830, October 22, 2020 (EAT)
Kenya Tea Development Authority (KTDA) managed tea factories have declared a Ksh.27.6 billion second and final payment to tea farmers for the year end...
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Safaricom’s job contribution hits record one million
By Kepha Muiruri,
1500, October 14, 2020 (EAT)
Leading telecom operator Safaricom supported a record 1,013,728 jobs within its extended value chain in the past one year. The value measured in th...
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