Live Breaking News & Updates on Limuru tea

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Sameer land eight times more valuable than share price

Land owned by tyre distributor Sameer Africa has appreciated to Sh8.07 billion in the year ended December 2021.

Limuru , Central , Kenya , Nairobi , Nairobi-area , Embakasi , Kenyan , Sameer-africa , Puccini-bidco , Edna-mwenda , Unilver-international-holdings , Nairobi-securities-exchange-listed

CMA forces US fund to buy out tycoon Wanjui

CMA has forced a US-based private equity to make a takeover offer to minority owners of Limuru Tea, including tycoon Joe Wanjui.

Limuru , Central , Kenya , Nairobi , Nairobi-area , Indonesia , India , United-kingdom , Netherlands , Kenyan , British , Wainaina-kenyanjui

Regulator probing Kakuzi on finances and governance

CMA has launched investigations into Kakuzi over allegations of shifting profits abroad and corporate governance issues.

Kakuzi , Central , Kenya , Nairobi , Nairobi-area , United-kingdom , London , City-of , Limuru , Kenyan , British , John-kibunga-kimani

CMA probes Unilever deals in Kenya tea firm

The probe follows a petition from a minority shareholder in Limuru Tea accusing the firm of valuing its land holding at Sh1 million.

Nairobi , Nairobi-area , Kenya , Limuru , Central , Kenyan , Wainaina-kenyanjui , Joe-wanjui , Abubakarh-abubakar , Unilever , Nairobi-securities-exchange , Capital-markets-authority

Corporate chief Wanjui eases work in retirement

He still goes through the newspapers but unlike before, he reads them on his bed before freshening up and taking his breakfast.

Kenya , United-states , United-kingdom , Kabaa , Eastern , Nairobi , Nairobi-area , Mangu , Central , Kahuho , Limuru , America

Wanjui sues Unilever to block NSE tea firm sale

Businessman Joe Wanjui has filed a lawsuit seeking to block Unilever from selling its 52 percent stake in Limuru Tea to a private equity fund.

Kenya , United-states , India , United-kingdom , Netherlands , Nairobi , Nairobi-area , Indonesia , Limuru , Central , Kenyan , American

Unga Group issues profit warning on increased cost of raw materials

NAIROBI, Kenya Feb 25-Unga Group PLC has issued a profit warning for the first six months of the year ended December 31 2021 forecasting a 25 per cent dip Kenya breaking news | Kenya news today |

Kakuzi , Central , Kenya , Nairobi , Nairobi-area , Limuru , Unga-group , Kenya-feb , Nairobi-securities-exchange-listed , Limuru-tea ,

Profit warnings persist as Covid fallout lingers

Liberty Kenya Holdings is the fourth NSE-listed firm to declare a drop in profits by at least 25 percent.

Limuru-tea ,

Liberty issues profit warning on higher Covid-linked claims

Liberty issues profit warning on higher Covid-linked claims
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.

Kakuzi , Central , Kenya , Nairobi , Nairobi-area , Limuru , Liberty-kenya-holdings , Kenya-holdings , Nairobi-securities-exchange-listed , Limuru-tea ,

Agro firms trail banks in good governance ratings

Agricultural companies have the worst corporate governance record among listed companies, a new report by the Capital Markets Authority (CMA) has said.

Kakuzi , Central , Kenya , Sasini , Nairobi , Nairobi-area , Kapchorua , Rift-valley , Limuru , Wyckliffe-shamiah , Capital-markets-authority , Nairobi-securities-exchange