Ratio Magazine :: The Inside Track to East Africa’s Economies

N.S.E Share Price

...NSE SHARE Index: 4264.66

UP by 3.08 points | Kakuzi Ord.5.00 77.00 -3.00

| Rea Vipingo Plantations Ltd Ord 5.00 16.45 0.00 | Sasini Ltd Ord 1.00 11.55 0.00 | AccessKenya Group Ltd Ord. 1.00 10.00 0.00 | Car & General (K) Ltd Ord 5.00 49.50 DNT | CMC Holdings Ltd Ord 0.50 10.40 -0.10 | Hutchings Biemer Ltd Ord 5.00 20.25 DNT | Kenya Airways Ltd Ord 5.00 39.50 0.00 | Marshalls (E.A.) Ltd Ord 5.00 14.20 DNT | Nation Media Group Ord. 2.50 173.00 -1.00 | Safaricom Ltd Ord 0.05 4.20 0.05 | Scangroup Ltd Ord 1.00 60.00 -0.50 | Standard Group Ltd Ord 5.00 39.50 DNT | TPS Eastern Africa (Serena) Ltd Ord 1.00 66.50 0.00 | Uchumi Supermarket Ltd Ord 5.00 14.50 DNT | Barclays Bank Ltd Ord 2.00 69.50 0.50 | Centum Investment Co Ltd Ord 0.50 22.25 0.25 | CFC Stanbic Holdings Ltd ord.5.00 79.00 0.00 | Diamond Trust Bank Kenya Ltd Ord 4.00 146.00 -1.00 | Equity Bank Ltd Ord 0.50 28.75 0.25 | Housing Finance Co Ltd Ord 5.00 28.00 0.75 | Jubilee Holdings Ltd Ord 5.00 187.00 1.00 | Kenya Commercial Bank Ltd Ord 1.00 23.25 0.25 | Kenya Re-Insurance Corporation Ltd Ord 2.50 10.60 -0.10 | National Bank of Kenya Ltd Ord 5.00 47.00 0.50 | NIC Bank Ltd 0rd 5.00 52.00 0.50 | Olympia Capital Holdings ltd Ord 5.00 5.00 0.05 | Pan Africa Insurance Holdings Ltd 0rd 5.00 76.00 -3.50 | Standard Chartered Bank Ltd Ord 5.00 275.00 3.00 | The Co-operative Bank of Kenya Ltd Ord 1.00 20.25 0.25 | Athi River Mining Ord 5.00 180.00 -1.00 | B.O.C Kenya Ltd Ord 5.00 150.00 DNT | Bamburi Cement Ltd Ord 5.00 197.00 0.00 | British American Tobacco Kenya Ltd Ord 10.00 280.00 6.00 | Carbacid Investments Ltd Ord 5.00 145.00 -1.00 | Crown Berger Ltd 0rd 5.00 32.50 -1.50 | E.A.Cables Ltd Ord 0.50 19.15 -0.40 | E.A.Portland Cement Ltd Ord 5.00 100.00 -3.00 | East African Breweries Ltd Ord 2.00 181.00 1.00 | Eveready East Africa Ltd Ord.1.00 2.55 0.00 | KenGen Ltd Ord. 2.50 15.50 -0.05 | KenolKobil Ltd Ord 0.05 9.40 -0.10 | Kenya Power & Lighting Co Ltd Ord 2.50 22.50 0.50 | Mumias Sugar Co. Ltd Ord 2.00 8.10 -0.30 | Sameer Africa Ltd Ord 5.00 6.15 -0.05 | Total Kenya Ltd Ord 5.00 28.00 0.25 | Unga Group Ltd Ord 5.00 10.35 -0.10 | City Trust Ltd Ord 5.00 186.00 DNT | Eaagads Ltd Ord 1.25 50.00 -4.50 | Express Ltd Ord 5.00 7.50 -0.20 | Williamson Tea Kenya Ltd Ord 5.00 200.00 0.00 | Kapchorua Tea Co. Ltd Ord Ord 5.00 125.00 DNT | Kenya Orchards Ltd Ord 5.00 3.00 DNT | Limuru Tea Co. Ltd Ord 20.00 305.00 DNT | Kakuzi Ord.5.00 77.00 -3.00 | Rea Vipingo Plantations Ltd Ord 5.00 16.45 0.00 | Sasini Ltd Ord 1.00 11.55 0.00 | AccessKenya Group Ltd Ord. 1.00 10.00 0.00 | Car & General (K) Ltd Ord 5.00 49.50 DNT | CMC Holdings Ltd Ord 0.50 10.40 -0.10 | Hutchings Biemer Ltd Ord 5.00 20.25 DNT | Kenya Airways Ltd Ord 5.00 39.50 0.00 | Marshalls (E.A.) Ltd Ord 5.00 14.20 DNT | Nation Media Group Ord. 2.50 173.00 -1.00 | Safaricom Ltd Ord 0.05 4.20 0.05 | Scangroup Ltd Ord 1.00 60.00 -0.50 | Standard Group Ltd Ord 5.00 39.50 DNT | TPS Eastern Africa (Serena) Ltd Ord 1.00 66.50 0.00 | Uchumi Supermarket Ltd Ord 5.00 14.50 DNT | Barclays Bank Ltd Ord 2.00 69.50 0.50 | Centum Investment Co Ltd Ord 0.50 22.25 0.25 | CFC Stanbic Holdings Ltd ord.5.00 79.00 0.00 | Diamond Trust Bank Kenya Ltd Ord 4.00 146.00 -1.00 | Equity Bank Ltd Ord 0.50 28.75 0.25 | Housing Finance Co Ltd Ord 5.00 28.00 0.75 | Jubilee Holdings Ltd Ord 5.00 187.00 1.00 | Kenya Commercial Bank Ltd Ord 1.00 23.25 0.25 | Kenya Re-Insurance Corporation Ltd Ord 2.50 10.60 -0.10 | National Bank of Kenya Ltd Ord 5.00 47.00 0.50 | NIC Bank Ltd 0rd 5.00 52.00 0.50 | Olympia Capital Holdings ltd Ord 5.00 5.00 0.05 | Pan Africa Insurance Holdings Ltd 0rd 5.00 76.00 -3.50 | Standard Chartered Bank Ltd Ord 5.00 275.00 3.00 | The Co-operative Bank of Kenya Ltd Ord 1.00 20.25 0.25 | Athi River Mining Ord 5.00 180.00 -1.00 | B.O.C Kenya Ltd Ord 5.00 150.00 DNT | Bamburi Cement Ltd Ord 5.00 197.00 0.00 | British American Tobacco Kenya Ltd Ord 10.00 280.00 6.00 | Carbacid Investments Ltd Ord 5.00 145.00 -1.00 | Crown Berger Ltd 0rd 5.00 32.50 -1.50 | E.A.Cables Ltd Ord 0.50 19.15 -0.40 | E.A.Portland Cement Ltd Ord 5.00 100.00 -3.00 | East African Breweries Ltd Ord 2.00 181.00 1.00 | Eveready East Africa Ltd Ord.1.00 2.55 0.00 | KenGen Ltd Ord. 2.50 15.50 -0.05 | KenolKobil Ltd Ord 0.05 9.40 -0.10 | Kenya Power & Lighting Co Ltd Ord 2.50 22.50 0.50 | Mumias Sugar Co. Ltd Ord 2.00 8.10 -0.30 | Sameer Africa Ltd Ord 5.00 6.15 -0.05 | Total Kenya Ltd Ord 5.00 28.00 0.25 | Unga Group Ltd Ord 5.00 10.35 -0.10 | City Trust Ltd Ord 5.00 186.00 DNT | Eaagads Ltd Ord 1.25 50.00 -4.50 | Express Ltd Ord 5.00 7.50 -0.20 | Williamson Tea Kenya Ltd Ord 5.00 200.00 0.00 | Kapchorua Tea Co. Ltd Ord Ord 5.00 125.00 DNT | Kenya Orchards Ltd Ord 5.00 3.00 DNT | Limuru Tea Co. Ltd Ord 20.00 305.00 DNT

Kenya: Kenya Gazette Highlights 5 September 2008

Monday, 08 September 2008
Written Submissions to Replace Oral Arguments in Court, Sugar Safeguard Committee Established, Carbacid (CO2) Kenya Ltd Applies for License to Prospect for Carbon Dioxide read more...

Africa Agenda: Press Releases: AITEC Announces 1st African Broadcast and Film Conference

Monday, 08 September 2008
read more...

Kenya: Revenue Authority and Citibank to Settle Out of Court in Tax Dispute?

Monday, 08 September 2008
The battle between Citibank Kenya and the Kenya Revenue Authority (KRA) over a claim of over KES857m regarding taxation of revenue earned on loans advanced by Citibank Bahrain through their Kenya operation and PAYE remittances for expatriate staff has taken a new twist as the Citibank MD has asked the KRA for a review of the amount claimed. By Albert Muriuki. read more...

Kenya: Sovereign Bond Plans: Solving Budgetary Problem, or Just Storing up Trouble?

Tuesday, 02 September 2008
Deepak Dave comments on sovereign bond plans by the Kenya government. With additional reporting by Harleen Thati. read more...

Kenyan Firms amongst Top Performers in Nex Rubica African Equity Capital Markets Review

Monday, 01 September 2008
Despite the impact of the political crisis in early 2008, Kenyan stocks have been amongst the best performers in Nex Rubica’s Top40 and Mid45 indices of stocks in sub Saharan and north African equities. read more...

Kenya Gazette Banking Supplement: Co-op Bank Exempted from Ownership Restrictions

Saturday, 30 August 2008
The acting Minister for Finance, John Michuki, has exercised his powers under the Banking Act and exempted Co-op Holdings and Co-operative Society Limited from restrictions on holding directly or indirectly a beneficial interest in more than 25% of the share capital of Co-operative Bank of Kenya for a period of 10 years. read more...

Ratio Expert Quotes: Is the Resistance to Bank Capital Increases Receding?

Tuesday, 26 August 2008
It was one of Finance Minister Amos Kimunya’s last initiatives before stepping aside: The budget 2008/2009 brought back the proposed amendment to the Banking Act to increase the minimum core capital for banks from the current KES250m to KES1b over the coming two years. read more...

EAC: Locally Manufactured Vehicles Stuck at Internal EAC Customs Borders

Monday, 25 August 2008
For the past three and a half years, General Motors East Africa have tried to enforce the EAC customs protocol that would enable them to export duty free to Uganda and Tanzania. Even though the regulations are very clear, GM continues to run up against customs officials charging them 25% import duty. read more...

Africa Agenda: Japan in Africa: Cautious Transition to Trade and Investment Focus?

Wednesday, 20 August 2008

The Tokyo International Conference on African Development (TICAD) is held by Japan’s government every five years. When it started in 1993, only five African heads of state attended. By 2008, TICAD IV had ballooned to around 7,000 participants from 51 countries, Japanese ministries, NGOs, and multilateral institutions, and pledged a funding increase to US$1.8bn. Impressive figures – but is this commensurate with the role that Japan plays on the continent? Andrea Bohnstedt speaks to Japan’s ambassador to Kenya, Shigeo Iwatani. read more...

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