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Companies that yielded the highest dividends in 2019 will surprise you

Kenya best companies 2019

As 2019 comes to an end, shareholders are keen to know how their companies performed hence their investments. Data compiled by the Standard Investment Bank shows that commercial and agricultural sector firms yielded the highest dividends relative to their share prices. Scangroup which closed last week with a KES 16.60 share price had the highest

Centum Investment still pushes for Lamu coal plant despite protestations

lamu coal plant

Centum Investments insists that the Lamu coal plant project is still on track despite protestations from environmentalists and residents, a court injunction, and setbacks of major financiers pulling out. The company is the biggest shareholder in the would be Kenya’s first coal plant with a 51 percent stake in the

Superfoam Ltd wins best brand award at 254 Realty Expo

Superbrands Kenya Superfoam

Superfoam Limited won the award for best overall brand at the 254 Realty Expo held in Mombasa on 16th November 2019. "The Expo has been a success to Superfoam as a brand as  we have been able to interact with our customers from the Coastal Region, as well as highlight

Superfoam Ltd enters partnership with Kiambu rugby team

superfoam rugby sponsorship Kiambu Kenya

Press Release Mattress manufacturing company Superfoam Limited has reaffirmed its commitment to keep working with the 2017/2018 central national wide champions Kiambu Badgers RFC for the 2019/2020 season with the aim of helping the coach Njuguna Githang’a led outfit to the Kenya rugby union championship promotion. The Ruiru sub-county based company provided

Uber launches boat taxis piloting in Lagos

Uber Boats Nigeria

Uber has started piloting boat taxis in Lagos, Nigeria’s commercial capital Friday 11, October. The UberBoat which will operate only on weekdays between 8am- 5pm will charge 500 Naira (USD 1.39). The service comes just a few months after the ride hailing company revealed it in talks with regulatory authorities and the Lagos state

Safaricom wants a piece of giant Ethiopia Telco

Ethiopia telecom

Ethiopia is open for business and Safaricom wants a piece of that market. Interim CEO Michael Joseph said that Safaricom is interested in buying a stake in the telecommunications giant monopoly, Ethio Telecom, as it gears towards establishing its presence in Ethiopia. Ethio Telecom is among companies that are set to be privatized on

How Safaricom is helping transition employees whose skills are being automated

Safaricom best employer in Kenya

Job loss due to automation is a 21st century reality that most people have to cope with. Many skills have been rendered obsolete as machines take over work that used to be done by humans. While companies work towards reducing costs and using machine and Artificial Intelligence, employees are either forced to quit or

Study shows half of South Africans live on less than 41 Rands a day

south african rand coins

Households Affordability Index study shows that more than half of South Africans live below the poverty line and survive on less than R41 a day. 30.4 million people who make up 56 percent of the nation’s population can barely afford food. The study by Pietermaritzburg Economic Justice and Dignity Group (PMBEJD) showed that out of