July 2017 - Page 2 of 19 - Soko Directory

Month: July 2017

Kenya’s 182-day paper the best risk-return proposition for investors

Interest rates on short-term Treasury bills, 182-day, 364-day T-bills and 91-day were under-subscribed for the 3rd week in a row. However the ...

Kenya’s inflation rate to decline further between 8pc-9pc range – Analysts

Analysts at Cytonn Investments and Genghis Capital have predicted that the July inflation rate will drop between 8.5 percent and 9....

Cytonn Investments converts to Cytonn Investments Management PLC

The board of Directors of Cytonn Investments Management limited, an alternative investment management and real estate company have announced the conversion of ...

Centum Investments to buy 5.53pc stake in Luxury fashion brand Deacons

Centum Investments is set to buy a 5.53 per cent stake in Luxury fashion brand Deacons East Africa following an agreement ...

Welcome to the era of Edge Computing and decentralized IT infrastructure

The first personal computer didn’t have the capability of storing data, any document had to be saved on a floppy disk. Later, ...

East African Breweries posts Kshs 8.5 billion in profit-after-tax

East African Breweries Posts HY KSh 4.95 Billion in Profit-after-tax EABL

East African Breweries Limited (EABL) reported Ksh 8.5 billion in profit after tax for the period ended June 2017 representing 6 ...

Telkom Kenya celebrates 3M subscribers with free calls

Telkom Kenya, which re-branded in June with a new vision of Connecting the people that make Kenya move has has now more ...

Diamond Trust Bank Ltd acquires 100 percent stake in Habib Bank Ltd

The Diamond Trust Bank Kenya Limited (DTB) has now become the sole owner of Habib Bank Limited Kenya (HBLK), following Central Bank ...

Schneider Electric inaugurates electrical lab at the Don Bosco Boys

Schneider Electric in partnership with the Salesian Don Bosco Foundation in Kenya is aiming to train up to one million people in ...

Local Investors control the Kenyan market as Equities become bearish

Equities retreated after trending for the last 11 sessions. Activity picked up marginally by 16.2%, to trade KES 899Mn.The broad ...

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