Pan Africa Insurance Company through its subsidiary Pan Africa Life Assurance Limited provides the underwriting of all classes of long-term insurance business with the exception of industrial life insurance. The Group has interests in a wholly owned investment company PA Securities Limited, and an associate general insurance company, APA Insurance Limited. The company was incorporated [...]
Over the years, KCB faced some difficult time due to mismanagement and political interference. The bank has however since 2003 returned to profitability and is currently one of the most profitable banks in Kenya. KCB’s vision is to become the leading bank in the East African region. The bank has been on thus been on [...]
FINANCIAL STATEMENTS: Barclays Bank’s Annual and Quarterly Financial Statements Standard Chartered Bank’s Annual and Quarterly Financial Statements KCB’s Annual and Quarterly Financial Statements Profitability Barclays recorded the highest profit before tax (PBT) of ksh.7.1 billion followed by Standard chartered with Ksh.4.9 billion and KCB with Ksh.4.2 billion. KCB and Standard Chartered registered impressive growth levels [...]
In their most recently released financial results the three media companies listed at the NSE have reported tremendous increase in both their revenue and profitability. The revenue growth in the media industry can be attributed to favorable economic climate in Kenya, which is their main revenue generation region. In 2007 the increased revenue in circulation [...]
Click Here to Access all Financial Statements/Analysis related to Nation Media Group Over the years, the NMG has transformed itself from a two papers print – Daily Nation & Taifa Leo – to become the leading media house in the East and Central Africa region. With a very innovative and aggressive expansion strategy, NMG has [...]
Safaricom Limited, is a Kenyan based mobile telecommunications company, providing mobile telecommunications and related services in Kenya, East Africa. As of September 30, 2007, the Company had an estimated market share of 73% and the broadest mobile network coverage in Kenya. The Company had 7.8 million prepaid subscribers, 106,000 post-paid subscribers and 0.76 million M-PESA [...]
2007 was a very eventful year with a lot of business and politics taking the centre stage. At the beginning of the year, the NSE opened on a very high note with most stocks prices on a rising. This saw the NSE 20-share index reach the historic 6,200 points mark in January 207. However, this [...]
Nairobist Analyst Report – Sasini Tea and Coffee Limited NAIROBIST ANALYST REPORT: SASINI TEA & COFFEE Disclaimer Do not solely rely on this information for your investment decisions; seek more clarification from a financial advisor. Remember to consider every piece of investment information you read on Nairobist, not as a final recommendation, but as an [...]
NIC Bank offers a wide range of banking, financial and related services. To serve its customers, the Bank provides a range of retail and commercial banking services, including a variety of checking, savings and other interest-bearing accounts. As of October 15, 2007, it had a network of 6 branches and 8 service centers in 3 [...]
The year 2006, stands out as one of the best years at the NSE. In 2006, the Bull Run was at its peak, Several IPO’s took place starting with the oversubscription of the KenGen IPO that ushered in the on set of the Small retail traders on the market. Many listed Companies experienced massive price [...]