Business highlights – December 5, 2017

Business highlights – December 5, 2017

Listed job opportunities jump by 50% in November

The number of advertised jobs for the month of November went up by 52% following a three-month drop in vacancy postings due to the elections, a survey by BrighterMonday and research firm TIFA has revealed. The data indicates that 2017 has been a difficult year for employers and job seekers. as Kenya’s job marketexperienced layoffs in various sectors, including media, banking, manufacturing, insurance, NGOs and IT.

Judith Kibaki appointed Director at Deacons East Africa

Deacons East Africa has appointed Judith Kibaki as a director of the company with immediate effect. The move follows the resignation of Betty Mwangi as a director of the company. Judith Kibaki joins the firm at a challenging business environment in the retail sector. Other directors of the company include Peter Njoka(Chairman), Muchiri Wahome (CEO), Diana Bird, James Israel Olubayi, and Christine Michira. The company posted a 244 percent increase in losses in the first six months of 2017 to Sh180 million compared to Sh52 million loss in the first half of 2016.

NSE suspends trading of Express Kenya shares

The Nairobi Securities Exchange has suspended trading of Express Kenya shares following a takeover bid as Chief Executive Hector Robert Dinis is set to acquire the firm by buying 38.36% of the issued shares currently held by Etcoville Holdings Limited. The suspension was issued by the Capital Markets Authority and takes effect from December 4, 2017 , NSE said in a statement.

Previous News headlines
Next Sports highlights - December 5, 2017

You might also like

Sports 0 Comments

Sports headlines June 14 2017

England suffer a friendly defeat England finished the season with a 3-2 defeat by 10-man France in an entertaining friendly in Paris. Harry Kane scored the opener but Samuel Umtiti

Latest 0 Comments

Borrowers received Sh38.5 million in credit from Equitel’s Eazzy platform as value of loans disbursed increases by 618% in 2016

Equitel Eazy Loan disbursement rose by 618% in 2016 hitting 38.5 billion compared to what the lender recorded in 2015 During the year 2016,  value of Eazzy Loans advanced to

Business 0 Comments

Shoplifting costing Kenya’s retail sector Sh5 billion annually, Cytonn report reveals

Kenya’s retail sector is losing more than Sh5 billion annually to shoplifting, a new report by financial services group Cytonn Investments has revealed. The report, dubbed ‘Kenya Retail Sector Analysis

0 Comments

No Comments Yet!

You can be first to comment this post!

Leave a Reply