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Jimbi maize flour miller on sale at Sh400m

Jimbi maize flour miller on sale at Sh400m
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Sanlam, 12 Other Companies Issue Profit Warnings: Earnings Will Be at Least 25% Lower

Over 10 Kenyan companies have sounded the alarm by issuing grim profit warnings, sending shockwaves through the business world. Sanlam is the latest.

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Firms issuing profit warnings see falling share prices at NSE

A majority of listed companies, which have announced profit warnings have seen their share prices fall by a deeper margin.

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Looming unemployment crisis as firms strive to cut on budgets

Unga Group has been the first to announce redundancies in the coming weeks on account of reduced sales.

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Hue and cry as Unga Group fires its employees due to harsh economic times exacerbated by RUTO s punitive taxes

Friday, December 1, 2023 – Employees of Unga Group were today treated to a rude shock after the company fired them due to harsh economic times exacerbated by President William Ruto’s high affinity for more taxes. In the notice today, the company announced that employees would be fired across all its branches, including Unga Limited and Unga Farm Care. The…

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