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Top News In நைரோபி பத்திரங்கள் பரிமாற்றம் பட்டியலிடப்பட்டுள்ளது Today - Breaking & Trending Today

Equity Group invests Sh3.4bn in Tanzania, Uganda subsidiaries

Equity Group invests Sh3.4bn in Tanzania, Uganda subsidiaries
Tuesday May 18 2021
By VICTOR JUMA
The lender’s stakes in the subsidiaries remained unchanged at 100 percent.
The capital support from the parent company came amid economic disruption brought by the Covid-19 pandemic that has seen lenders restructure a substantial part of their loan books.
Equity Group #ticker:EQTY invested an additional Sh3.4 billion in its Ugandan and Tanzanian subsidiaries in the year ended December to boost the units’ capital.
The lender’s stakes in the subsidiaries remained unchanged at 100 percent. The capital support from the parent company came amid economic disruption brought by the Covid-19 pandemic that has seen lenders restructure a substantial part of their loan books. ....

Nairobi Area , Democratic Republic Of The Congo , Equity Group , Equity Bank Uganda , Equity Bank Tanzania , Equity Group Holdings Plc , Equity Bank Tanzania Limited , Equity Bank Uganda Limited , Nairobi Securities Exchange Listed , Democratic Republic , Central Africa , நைரோபி பரப்பளவு , ஜனநாயக குடியரசு ஆஃப் தி காங்கோ , பங்கு குழு , பங்கு வங்கி உகந்த , பங்கு வங்கி தான்சானியா , பங்கு குழு ஹோல்டிங்ஸ் ப்ல் , பங்கு வங்கி தான்சானியா வரையறுக்கப்பட்டவை , பங்கு வங்கி உகந்த வரையறுக்கப்பட்டவை , நைரோபி பத்திரங்கள் பரிமாற்றம் பட்டியலிடப்பட்டுள்ளது , ஜனநாயக குடியரசு ,

Absa spends Sh1bn on Covid layoffs

Absa spends Sh1bn on Covid layoffs
Summary
It had 1,991 employees on its payroll from 2,152 in the previous year as it moved to deepen the switch to digital channels.
Absa says in latest annual report that it took the opportunity of increased automation and improved digitisation to simplify the structure of the business and therefore had to cut jobs.
Tuesday May 18 2021
By PATRICK ALUSHULA
Summary
It had 1,991 employees on its payroll from 2,152 in the previous year as it moved to deepen the switch to digital channels.
Absa says in latest annual report that it took the opportunity of increased automation and improved digitisation to simplify the structure of the business and therefore had to cut jobs. ....

Nairobi Area , Barclays Bank Kenya , Standard Chartered Bank , Vhf Group , Absa Bank , Nairobi Securities Exchange Listed , நைரோபி பரப்பளவு , பார்க்லேஸ் வங்கி கேந்ய , தரநிலை பட்டய வங்கி , ஹ்ஃப் குழு , நைரோபி பத்திரங்கள் பரிமாற்றம் பட்டியலிடப்பட்டுள்ளது ,

M-Pesa beats voice as Safaricom's top earner

M-Pesa beats voice as Safaricom’s top earner
Summary
The platform’s revenue declined 2.1 percent to Sh82.64 billion in the year ended March, surpassing sales from voice which recorded a larger drop of 4.6 percent to Sh82.55 billion.
The telco’s net profit fell 6.8 percent to Sh68.6 billion in the review period, after the coronavirus crisis hit revenue from financial services and calls in the year to the end of March.
The Nairobi Securities Exchange-listed firm declared a final dividend of Sh0.92 per share, bringing its total payout for the period to Sh1.37 per share.
Friday May 14 2021
By VICTOR JUMA
Summary ....

Nairobi Area , South Africa , Michael Joseph , Bob Collymore , Peter Ndegwa , Vodacom Group , Central Bank , Nairobi Securities Exchange Listed , South Africa Based , நைரோபி பரப்பளவு , மைக்கேல் ஜோசப் , பீட்டர் நிடேகுவ , மைய வங்கி , நைரோபி பத்திரங்கள் பரிமாற்றம் பட்டியலிடப்பட்டுள்ளது ,

U.K. retailers resume avocado supplies from Kenyan exporter after rights boycott

U.K. retailers resume avocado supplies from Kenyan exporter after rights boycott
May 14 , 2021
Kenyan agricultural firm Kakuzi will soon resume exports of avocados to supermarkets in Europe which stopped buying its produce in October last year when the firm was accused of serious human rights abuse, Business Daily Africa reports.
Supermarket chains Tesco, Sainsbury’s and Lidl suspended Kakuzi supplies in the wake of reports of rape and violence at Kakuzi by The Times of London.
Camellia Plc, the parent company of Kakuzi, says actions and reforms taken since then have made it possible for the Nairobi Securities Exchange-listed firm to be taken back as a supplier of the major retailers. ....

Nairobi Area , United Kingdom , City Of , Camellia Plc , Business Daily Africa , Nairobi Securities Exchange Listed , Leigh Day , நைரோபி பரப்பளவு , ஒன்றுபட்டது கிஂக்டம் , நகரம் ஆஃப் , கேமல்லியா ப்ல் , நைரோபி பத்திரங்கள் பரிமாற்றம் பட்டியலிடப்பட்டுள்ளது , லே நாள் ,

Kakuzi to resume UK avocado exports after rights boycott

Kakuzi to resume UK avocado exports after rights boycott
Thursday May 13 2021
By VICTOR JUMA
Summary
Supermarket chains Tesco, Sainsbury’s and Lidl suspended Kakuzi supplies in the wake of reports of rape and violence at Kakuzi by The Times of London.
Camellia Plc, the parent company of Kakuzi, says actions and reforms taken since then have made it possible for the Nairobi Securities Exchange-listed firm to be taken back as a supplier of the major retailers.
Agricultural firm Kakuzi will soon resume exports of avocadoes to supermarkets in Europe which stopped buying its produce in October last year when the firm was accused of serious human rights abuse. ....

Nairobi Area , United Kingdom , City Of , Camellia Plc , Nairobi Securities Exchange Listed , Leigh Day , நைரோபி பரப்பளவு , ஒன்றுபட்டது கிஂக்டம் , நகரம் ஆஃப் , கேமல்லியா ப்ல் , நைரோபி பத்திரங்கள் பரிமாற்றம் பட்டியலிடப்பட்டுள்ளது , லே நாள் ,