Corporate News

National Carrier Kenya Airways has announced that Allan Kilavuka will take over the company's Chief Executive Officer effective January 1st,2020. Allan, who is the current CEO of KQ's budget carrier and subsidiary,...

The Nairobi Securities Exchange has joined the list of firms to issue a profit warning Announcement this year. This means that the company's profits will drop  by more than 25% in the...

Standard Group Plc has this morning issued a Profit warning statement. This means the profit for the year ended 31st December 2019 will be at least 25% lower than the performance of...

Kenya Power and Lighting Company Plc and KenGen Plc on Friday said there would be a further delay in the announcement of their full-year results as the appointment of a new auditor...

Centum Plc has recorded a net profit increase from KES 2.1 billion to KES 6.8 billion for the six-month period ended 30 September 2019, compared to a similar period in the prior...

East African Portland Cement Company has announced a delay in publication of their results for the Financial Year ended 30th June, 2019. In a statement published to shareholders today, the Board of...

Family Bank has recorded a KES 1.01 Billion profit before tax in the nine months of 2019, registering a remarkable 274% growth in earnings compared to the same period in 2018. Higher...

KCB Group Plc has recorded a 6% growth y/y profits to Ksh19.2 billion net profit for the third quarter ending September 30,2019. In the results, Group CEO Joshua Oigara emphasized on sustained...

Coffee farm Eaagads Limited has once again issued a profit warning to shareholders for the Financial year ending March 2020. These projections are based on projections of the Half year results which...

EABL's employee share ownership plan (Esop) increased their shareholding of the firm by 495,965 to stand at 2.4 Million shares with a value of 585Million. EABL’s ESOP compensation plan encourages employees to own...

Hilda Njeru Takes over at CDSC as Rose Mambo Exits

Safaricom Plc bought more shares in it's EPSAP plan, bringing the total holding of the Telco by executives to 32.2 million units with a current market value of Kes 875 million. Regulatory...