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Safaricom Launches Voice and Video over LTE (VoLTE & ViLTE)

Safaricom has launched Voice and Video over Long Term Evolution (VoLTE) technology that enables customers with VoLTE supporting devices to make voice and video calls…

June 26, 2019

Investment Recommendation Report: Equity

We recommend a LONG TERM BUY on Equity Group Holdings. Currently, Equity is trading at a P/B of 1.57x (at a price of KES 39.45) compared to the average banking sector…

June 21, 2019

Investment Recommendation Report- EABL

We place a HOLD recommendation on EABL. The company is the largest branded alcohol beverage business within East Africa. Furthermore, the company is 50.03% owned…

June 14, 2019

Investment Recommendation Report: Safaricom

We recommend a HOLD on Safaricom. The counter is currently trading at a P/E multiple of 17.53x (at a price of KES 27.70, as at 7th June 2019). The company is a market…

June 7, 2019

Investment Recommendation Report: Equity

We recommend a LONG TERM BUY on Equity Group Holdings. Currently, Equity is trading at a P/B of 1.54x (at a price of KES 38.85 compared to the average banking sector…

May 31, 2019

Barclays Posts a 0.9% y/y Growth in After Tax Profits for 1Q2019

Barclays Group reported a 0.9% y/y growth in after tax profits to KES 1.9 billion. The performance was underpinned by a 14.0% y/y growth in non-funded income to…

May 31, 2019

DTB Reports a 9.3% y/y Growth in After Tax Profits for 1Q2019

Diamond Trust Bank posted a 9.3% y/y growth in after tax profits to KES 2.0 billion from KES 1.8 billion reported in 1Q2018. The increase in profitability was primarily…

May 30, 2019

Investment Recommendation Report: EABL

EABL We place a HOLD recommendation on EABL. The company is the largest branded alcohol beverage business within East Africa. Furthermore, the company is 50.03%…

May 24, 2019

Investment Recommendation Report: Safaricom

We recommend a HOLD on Safaricom. The counter is currently trading at a P/E multiple of 16.55x (at a price of KES 26.15, as at 17th May 2019). The company is a market…

May 17, 2019

Investment Recommendation Report: Equity

We recommend a LONG TERM BUY on Equity Group Holdings. Currently, Equity is trading at a P/B of 1.56x (at a price of KES 39.15) compared to the average banking sector…

May 10, 2019

Jubilee Holdings Posts a 1.3% y/y Decline in After Tax Profit for FY2018

Jubilee Holdings registered a 1.3% y/y decline in after tax profits for FY2018 to KES 4.2 billion. The group’s performance was characterized by a decline in total…

April 30, 2019

Daily Market Commentary – 17/04/2019

A preview of the Day's Market Activities

April 17, 2019

Daily Market Commentary – 16/04/2019

A preview of the Day's Market Activities

April 16, 2019

Daily Market Commentary – 15/04/2019

A preview of the Day's Market Activities

April 15, 2019

Daily Market Commentary – 11/04/2019

A preview of the Day's Market Activities

April 11, 2019

Daily Market Commentary – 10/04/2019

A preview of the Day's Market Activities

April 10, 2019

Daily Market Commentary – 09/04/2019

A preview of the Day's Market Activities

April 9, 2019

Daily Market Commentary – 08/04/2019

A preview of the Day's Market Activities

April 8, 2019

Daily Market Commentary – 05/04/2019

A preview of the Day's Market Activities

April 5, 2019

Daily Market Commentary – 04/04/2019

A preview of the Day's Market Activities

April 4, 2019

Daily Market Commentary – 03/04/2019

A preview of the Day's Market Activities

April 3, 2019

Daily Market Commentary – 02/04/2019

A preview of the Day's Market Activities

April 2, 2019

Daily Market Commentary – 29/03/2019

A preview of the Day's Market Activities

March 29, 2019

Daily Market Commentary – 27/03/2019

A preview of the Day's Market Activities

March 27, 2019