The Trading Room

Kenyan Lawmakers have rejected the amnesty taxproposal that had been issued by treasury as part of the finance bill 2019. The proposal which was drafted by NSE jointly with CMA would have seen companies which...

Hilda Njeru Takes over at CDSC as Rose Mambo Exits

Moody's Investors Service ("Moody's") has affirmed Ethiopia's B1 long-term issuer and senior unsecured ratings changing the outlook on the Government of Ethiopia to negative from stable on September 20, 2019. Moody's Investors Service said in...

Government owned East African Portland Cement company last week issued a one month notice termination of contract for its employees in managerial positions. Managing Director Stephen Nthei told the trading room that this was in...

Shareholders of troubled Cement Maker Athi River Mining Company will have to wait longer to know the fate of the company as Businessman Jaswant Rai heads back to court on Monday. Directors and majority shareholders...