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KenolKobil Plc Acquisition by Rubis Énergie S.A.S - Important Dates
On 24th October 2018, Rubis Énergie delivered a notice of intention to the board of directors of KenolKobil of its intention to acquire 100% of the ordinary shares…
BAT Posts 22.5% Growth in After Tax Profits for FY2018
British American Tobacco (BAT) Kenya registered a 22.5% y/y growth in after tax profits for FY2018 to KES 4.1 billion (FY2017: KES 3.3 billion). The rise in profits…
Investment Recommendation Report: Safaricom
We recommend a HOLD on Safaricom. The counter is currently trading at a P/E multiple of 16.75x (at a price of KES 23.45, as at 25th January 2019). The…