I Common pas.5p0rt to lift UNIT TRUSTS NAIROBI …...Page 36 " -WEEKEND IN BUSINESS I ( . 't ·1 ....
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•• • Page 36 " - WEEKEND IN BUSINESS I ( ' ·1 t. . Common pas.5p0rt to lift earnings of African airlines By PATRICK ALUSHULA Airlines fr om Africa could increase their an- nual ea rnings by a bout 24 per cent if the pro- posed common passport for a ll citizens within Africa n Union is introduced. According to a rece nt stud y by Sa bre Corpo- rat io n, a US-based technology service provider to global trave ll ers, airlines opera ting wi thin Af rican destinatio ns wilJ see their a nnual earn- ings per passenger rise by 24 per cent to $1,508 (Shl 53,442). Curren tl y, earnin gs per individual travell er in Afr ica averages $1,1 49 (Shll 6,913). There- fore the passport could bec ome the magic wand to reverse the dwindling for tunes that have become a characteristic of a majority of African airlines. The p ro posed pan -Af rican pass port wilJ eliminate the need for vi sas and help open up African skies. Currently, just a bout 13 Afri can states are open to all African citizens without advance visas, with many placing severe re- strictions on travel. As per AU 's age nda 2063, the common pa ss- port is expected to be operational in 2018. The Interna ti ona l Air Transport Ass ociation (IA T A) has held that high taxation a nd locked territo- ries have mad e it hard for Afri can airlines to succeed. Despite intern ational airlines con- trolling 88 per cent of African airs pa ce, Sabre Corporation Vice president fo r Europe, Middle East and Afri ca, Dino Gelrnetti, beli eves there is ro om for growth. "African airlines have a real opportunity to win the li on's share of bookings by addressing the pain po ints of travell ers and going the extra mile to improve their experience," said Ge lmet- ti. In the research that covered four major economies in Africa- Ke nya, South Africa, Egyp t a nd Nigeria- the passe ngers inter- vie wed and potential travellers expressed wilJ - ingness to pay more for ancilJary services while trave ll ing. Wh ile 84 per ce nt of res pondents are willing to spend on ancilJar ies, one third said that they would actually spend more than $100 (Shl0 ,170). The most popul ar catch was Wi -Fi service followed by food and beverag e. From the curre nt average of $90 (Sh9,1 57) that passengers are spe nding on ancilJaries, those s urveyed from Ke nya said that they would be willing to spend extra $25 (Sh2,566) if se rvices improve. Nigerian travellers, cur- rently spending $99- the highest among the four economies- said they could lift their spending to $113. South Africans and Nigeri- ans are willing to spe nd an additional $14 and $8 respectively. In the past two years, about 24 per cent of the res pondents had travelled by air. Nigeria had the highest air travell ers (35 per ce nt) while Kenya had 15 pe r cent comp ared to So uth Af rica's 13 per cent. Ab out a third of them expressed fr ustra ti on about lack of flights to take them to the target destinations and the quoted fare changing be- fore the final booking is made. The findings of the research may warm the hearts of African airlines. IA TA has already pro- jected that combined, the Afr ican airlines will soak up a loss of $5 00 milli on (ShS0.8 billion) this year. New venture Henry Rotich (left), Cabinet Secretary for The National Treasury, Frederic Baccelli (centre), Allianz Africa Group Head with Tom Gichuhl, Association of Kenya Insurers CEO during the official launch of Alli anz Kenya and the opening of their new building, Allianz Plaza, where the company will be conduct ing its business in Kenya. 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LtdOrd. 2.50 6.10 6. 10 137.000 1 2.40 7.85 KenolKobil Ltd Ord 0.05 15.70 1430 3,416,900 14.90 7.75 Kenya Power & Lighting Co Ltd Ord 2.50 8.95 8.95 91,500 5.50 5.50 Kenya Power & Lighting Ltd 4% Prer 20.oo 5.30 Kenya Power & Lighting Ltd7% Pref 20.00 550 19.45 15.00 Total Ke nya LidOrds. oo 17.80 17.70 7,700 24. 00 1 5.00 umeme Lt d Ord a.so 1550 L INSURANCE 16.85 9.90 B ritam Holdings Ltd Ord 0.10 10.05 10.05 38,700 7.00 3.55 C IC Insurance Group Ltd Ord.J.00 4. 00 3.95 256,600 515.00 420.00 Jubilee Holdings Ltd Ord 5.00 480.00 23. 00 18.00 Kenya Re Insurance Corporation Ltd Ord 2.50 21.75 22.00 8,000 21. 00 5.55 Libert y Kenya Holdings Ltd Ord. 1.00 13.50 13.50 22,800 65.00 28.50 Sanlam Kenya Pie Ord s.oo 32. 75 51.00 34.25 Cenlum lnveslrnent co Ltd Or d 0.50 40.00 40.00 58.900 3.00 I.JO Home Afrika Ltd Or d l.OOGEMS 1.10 1.15 848,900 J .500 .001.500. 00 Kurwi tu ventures Ltd Ord 100.00GEMS 1 ,500.00 4.90 2.00 Olympia Capital Holdings Lid Ord 5. 00 3.00 3.00 1,900 13.40 4.20 Trans-Century Ltd Ord O.SOAIMS 6.90 INVESTMENTSEIMCES 30~ 13.20 Nai robi Securities Exchange Ltd Ord 4. 00 14.05 13.90 SO.JOO MANUFACTURING I ALLIED A.Baumann & Co Ltd Ord 5.00AIMS 11.10 U0.00 75.00 B.0.C Kenya Ltd OrdS.00 85.00 90.00 500 880. 00 720. 00 British American Tobacco Kenya Ltd Ord 10.00 830.00 827.00 200 1 7.00 12.80 Carbacid Investments Ltd Ord 1.00 14.00 13.15 100 325.00 236.00 East African Br eweries Ltd Ord 2.00 257.00 270.00 169,200 3. 15 1.80 Eveready East Africa Ltd Or d.J.00 2.65 2.65 7 .400 830 3.60 Flame TreeGroupHoldings lldOrd0. 825GEMS · 5.40 5.30 200 97.00 95.00 Kenya Orchards Ltd Ord 5.00AIMS 95. 00 1. 85 1.00 MumiasSugar Co. L td Ord 2. 00 1. 35 1 .25 866. 900 39.00 30.00 Unga G rou p Ltd Ord 5.00 35.00 34.00 60, 000 L TELECOMIIUNICATIONI TECHNOLOGY 2 1. 75 14.00 sararicom Ltd Ord a.as 1 9.90 1 9.95 450.200 REALESTATEINVESTMENTTRUST 23.75 10.00 ST ANLIBF AHA RI I-REI T.Ord.20.00 13.25 13.40 5.400 NSE All Share Index . D own 0.99 points to close al 137 .40 NSE 20·share Index. Oown 7. 72 points lo close al 3265.89 NSE 25·5hare Index. D own 33.60 p oin ts lo close al 3647. 95 KenGen receives award for its green energy projects KenGen has been awarded the 2016 JICA President Award for its flagship green energy project, Olkaria I Units 4 and s. Awarded by the Japan International Co-operation Agency (JICA), the award is given to individuals or organisations associated with JICA and whose contri· bution in the field of development is known to be of immense sign if· icance to human resources, society and the economies of developing countries. The Olkaria I Units 4 ands are among eight projects and five individuals who have been recognised in 2 016. The 140 MW geo· thermal power plants were funded by JICA and other partners. Ken- Gen C EO Albert Mugo said the award would serve as a motivator to ef· forts to implement KenGen's green energy a genda .- JAME S WAN ZALA BANK RATES 25/11/16 US DOLLAR EURO BUY SELLIIARG BUY SELL IIARG ABC 101.80 1 02. 00 0.20 107 .59 1 07.Bl Q 22 EQ UITY 101.75 101. 95 0 10 10 7h5 1 07.92 017 l&M 1 01.80 102. 00 0.20 10117 -10Z&-0.l5 DIAMOND TR S TIOI.JS 10 0:'!1l ll7. lt""" IOl./ 6 O.ll HI ( 1 01.80 102 . 00 0. 20 107.65 107.92 0.27 E COBANK 101.75 10 1. 95 010 10 7.57 107.82 0.1S 111 COMMUNITY 10 1.76 101.% 0 . 20 107.55 1 07.78 OB P RIME IDI JS IOl.95 Q 20 107.52 I07J/ 0.25 iiiDii[f £AS1 101. 70 101. 90 Q20 10 7 .65 107.92 0.27 CFC5TA Nmc 101.75 101. 95 0. 20 1 07.53 107.78 0. 15 C ITIBA NK 101. 80 1 02.00 0 .20 107.54 107.76 0.22 CB A 101. 80 10 200 0.20 107.53 107 . 75 0.22 NBK I OI.BO 10 200 0 .20 107.55 107.78 0.23 BARCLAYS 101. 80 1 02. 00 0. 20 107 .65 107. 92 0.27 "'S TA "' NO = AR "'- 0---' 1 ,ccO J. "c 80--' l ,cc 02.""00 _ 0 ::;·20~ 10!::,,. 54 '- 10 7.76 0.22 K CB 1 01.81 102.01 0.20 1 07. 57 1 07.82 ~ BOA 101.75 1 01.95 Q20 107. 54 107.76 0.22 CO·OP 10 1. 75 101.95 Q 20 1 07.53 1 07.76 Q2J FOREX BUREAU 24/11/16 PER US DOLLAR PER EURO B UY SELL IIAR6 BUY SEL AlPHAfOIIUBUREAULTD IOLIJJ 1 01.IJJ LOO Wl.00 1119.511 1JO IRCAIIEflIDBIIR!AULID IOl.!ll 1 0l,50 100 10&00 I IDOO 100 AIIIIIIXR !ISfORUBUR tAU IOLOO 1 04111 1111 IOi,111 1119.IXI JOO 8AM B11mF-011£XBU1£AUliD IPLOO 1 03.lll 200 IQJOO 110.00 l.lll BAYfOR[X81JIIUU IH m1u11 10).!ll P LOO IOIJO 111.00 5,50 i UIIIAIGAIBCflB llllljl 1 01.IJJ IJJ 106.lll 1 09.!ll 150 C£NmAlfOIIUSUR!AU11D IOLro U LOO Ill.SO 111,00 lJO ClAl9Cf-Oll[JS11BfAU !111.10 IOIJO lll lOIJ!I 109.00 llO COIIUEB(1Alff/lEXBIIR[AU IQIIO llll.W ll,90 IOI.Ill 111.00 4,00 COIIIIN l!lAlfQR[X8URtAU 101.00 JOl.l) OlJ lllijll loaoo 1.40 CRAl[Rflll!!BIIRCIUllD 99.BO IOI.BO JOO IOI.JI 1 08.l0 lOO CIIJY!l!B1JRIAUOCCIIANG£ 1111.lO llll,50 200 lfAllJ 110.00 ! .00 r-ORIXBIIRE AUMROliO WLlQ JOIJII 100 IWIJ IOSJO 100 GAICWAYfQR[XBURfAUUO IOI.Ill 101.50 II.SO IOlSII UD,00 1JO G~NHIIDBIIRIAU iOLOO 101.50 L5Q 106.lll no.so 4.50 [tl)'[A N'JlAKEfOREXBllil!U iOL40 10200 ll6l1 106.lll unoo 4.111 (/.O!l\'rOREJBIIREAULTD IDLBO !01:11 II.SQ llll,llJ 10&00 lOO 6LA/1Dft'4IUBUR EAULIO WLlQ IOl.10 II.SQ JOI.Ill lllllJJ Q.911 Jllh@NfORfXBURIAU lOOJO I OI.JO llll Kil.Ill 109111 4 .00 KUlY,EIOIANli[BUREAULIDWLOO IQlOO 1,111 IOI.Ill IQ'l511 1.50 l~Ef(IJ[XWREAUIIO 100!0 !0265 IA) IIMO 1 0&50 llll LEOFIIDBIJREAULID Wi.10 10/.10 LOO IIX>511 IOI$ l.lll U ARl]IMH-0/IEXBUR[AUIIO 1 01.45 ID1.SO 1,115 lllijll l llllO UO U fTROl'ClllAN BUll[AU IOLIIJ IOJ,lll 200 !09.00 11100 200 UHKl.fl lli!Nf-ORIXWIOl90I01JOMll10.00 1 09,IXlllll M ll!IABIJll[AUOECHAlllELTD 101.!ll IPIJJ Ml IIXtlll HLIII S.00 MORWFOREXBUREAU IOLBO IPl,40 Mil JOI.Ill M 1.00 HAIROmBUll[AUIXQIANI! IOIOO 101.50 L50 IOI.Ill 110.00 JOO IIAW Atf-Oll[XBIJRE!ULID IOI.Ill 101.Bll LBO lfAllJ I0!.511 I.SO lffl/lOIIHOOBUREAU 101$ IOIIO OJ! IOllll IQS.65 1.61 PIQFl;FQIIEXBIIREAU IOI.BO IPl,40 ll60 WI! 1119.511 100 PfM10PElOIAIIG[BIJ~£AU IOI.BO iOlJJ 0,511 l~ll !09511 llO 11Lff/llXBIIREAULID IPIL'O IOl,511 IJQ 101111 iO&SO 1,50 l'!N(jUINf-OIIEXBUREAUIJP IOIJD JOl,lll IJI 10.00 1 09,00 lllJ l'/ilNI FlllEXBUR!AULIO IDl.10 IOl,511 lll HM I0,\00 1$ A'IENUWB IOLll 1 ouo LOI WI 10011 1115 source: central Bank •
Transcript of I Common pas.5p0rt to lift UNIT TRUSTS NAIROBI …...Page 36 " -WEEKEND IN BUSINESS I ( . 't ·1 ....
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Page 36 "
-WEEKEND IN BUSINESS I (
' ·1 t . . Common pas.5p0rt to lift earnings of African airlines
By PATRICK ALUSHULA
Airlines from Africa could increase their an-nual earnings by about 24 per cent if the pro-posed common passport for all citizens within African Union is introduced.
According to a recent study by Sabre Corpo-ration, a US-based technology se rvice provider to global travellers, airlines operating within African destinations wilJ see their annual earn-ings per passenger rise by 24 per cent to $1,508 (Shl53,442).
Currently, earnings per individual traveller in Africa averages $1,149 (Shll6,913). There-fore the passport could become the magic wand to reverse the dwindling fortunes that have become a characteristic of a majority of African airlines.
The pro posed pan-African passport wilJ eliminate the need for visas and help open up African skies. Currently, just about 13 African states are open to all African citizens without advance visas, with m any placing severe re-strictions on travel.
As per AU 's agenda 2063, the common pass-port is expected to be operational in 2018. The International Air Transport Association (IATA) has held that high taxation and locked territo-ries have made it hard for African airlines to succeed. Despite international airlines con-trolling 88 per cen t of African airspace, Sabre Corporation Vice president for Europe, Middle East and Africa, Dino Gelrnetti, believes there is room for growth.
"African airlines have a real opportunity to win the lion's share of bookings by addressing the pain points of travellers and going the extra mile to improve their experience," said Gelmet-ti.
In the research that covered four major economies in Africa- Kenya, South Africa, Egyp t and Nigeria- the passengers inter-vie wed and potential travellers expressed wilJ-ingness to pay more for ancilJary services while travelling.
While 84 per cent of respondents are willing to spend on ancilJaries, one third said that they
would actually spend more than $100 (Shl0,170). The most popular catch was Wi-Fi service followed by food and beverage.
From the current average of $90 (Sh9,157) that passengers are spending on ancilJaries, those surveyed from Kenya said that they would be willing to spend extra $25 (Sh2,566) if services improve. Nigerian travellers, cur-rently spending $99- the highest among the four economies- said they could lift their spending to $113. South Africans and Nigeri-ans are willing to spend an additional $14 and $8 respectively.
In the past two years, about 24 per cent of the respondents had travelled by air. Nigeria had the highest air travellers (35 per cent) while Kenya had 15 per cent compared to South Africa's 13 per cent.
About a third of them expressed frustration about lack of flights to take them to the target destinations and the quoted fare changing be-fore the final booking is made.
The findings of the research may warm the hearts of African airlines. IATA has already pro-jected that combined, the African airlines will soak up a loss of $500 million (ShS0.8 billion) this year.
New venture
Henry Rotich (left), Cabinet Secretary for The National Treasury, Frederic Baccelli (centre), Allianz Africa Group Head with Tom Gichuhl, Association of Kenya Insurers CEO during the official launch of Allianz Kenya and the opening of their new building, Allianz Plaza, where the company will be conduct ing its business in Kenya.
Saturday, November 26, 2016 / The Standard
NAIROBI STOCKS a.JtyYINI LA.lat•
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4.40 2.25 sameerAfricaLtdOrdS.00 2.80 2.80 7900 OldMuiualllOnd Fund 11~~.:: '.~:!
BANKING ICEABONOFUNO 87.89 88.78 14.50 7.50 Barclays BankofKenyaltdOrd0.50 8.95 9.00 46,200
_2=2=6-=00"---'13"-0"'.0"'0'----'D"'ia"'m'-"o'-"nd'-'T"'ru"'st-"'Ba""nc.::kK"'e""ny,.,,a.:c:Lt,,_dO"'r.::.d4-".0"'0'----1"'2-"9.0,,,0:..__13= 3.0,,,0.___-"J7"-',9-"'00,,_ uadlsonAs.,tBalanudFund si 69 55.70 43.00 24.25 EguityGroupHoldingsLtdOrd050 30.25 31.00 300.800 uadisonAs.,IEquhyFund JS.41 37.60 -"'= - ==---'="-"'-""""-""""-""-""'-"""-"=O<...-----""'==----== '--"""""""- CICFixedlncomf _____ ~ 9.l3 9A6 25.25 11.70 Housing FinanceGroup LtdOrdS.00 14.25 14.40 107,900 Clf!9tlllt Fund ll3.00 74.00 l&M HoldingsLtdOrdl.00 95.00 96.00 100 CICBalaacedfoad
EquityBalancedFund 10.7'1 11.25
-'-44"'.2"'-5--=22.=5::.:0'---'K-"'C=-BG=r,,,ou,,p.:c:Lt=-dO:::;r.::.d 1::,.0:.::0 ______ .,_. _,,_3,:,0.5"'0'----"-30,::.Se,0'-'J"',7"'81,:,.4:,cOO,,_ sanlamPa1a• fund 106.65 104.56 10.09 10.40
17.40 6.00 NationalBankofKenya LtdOrdS.00 7.80 7.70 2,900 S.nlamchama• Fund 12.93 1i33 46.00 22.00 NIC Bank Ltd Ord 5.00 28.50 29.25 2,000 Apollo Balanced Fu,~ -"==--==---'=="""==-""-"=:.:'---------==----''-""''---',="-~E!l!!!!)' rund
109.38 105.17 90.36 86.06
98.00 68.00 StanbicHoldingsPlcord.:i,OO 69.00 7050 2,500 270.00 171.00 Standard Chartered Bank Kenya Ltd Ord 5.00 191.00 190.00 300 EXCHANGE RATES 25/11/16
TheCo-operativeBankofKenyaLldOrdl.00 13.90 14.00 204,000 1
US DOLLAR
_____ __,C:=.OU= M=ERC= IAL= AND=SERVICES===-------------~ ::~~OUNO 23.00 9.75 101.8733
126.9408 107&90_§_
_.:4,,,.0,,,0c__~l,,,.Oc,cO _ _.cA""tlas=Af"-'rica"""'n l""nd,,,u,,,st,.,,ries=Lt,,,dG,,,E,,,MS,,____ _ _ ____ __ 1,,,.0,,,s _ __ c_ SA RAND 7.1939 -='5=-.0.::.0 __ 5:::;.4cc5 _ __,D"'e"'ac=con.::s~(E=as"'tA.:;;frc:.,ica=,).,_Pl:,:.CO,c:r.::;d2=.5:.::0,.;;Al:::;M:.S _ _____ -"6."'l5'---- K[S/ USIIS _ 35.5148 ~5:::;,0"'0'--~2=.7c.e0 _ _,Ex=res=sK:,,ce,,,n :,,.aLe,:td,,_.,Oecrd,,.,Se,,0:.::0,:,,Al,,,M,,_S ________ .e,3.2,cS'---- KES/TSHS 21.3992 -------'H'-"u"'tch=inc,gsc;B:::;ie""m""e'""rL,,,td:..:,O::..:rd:.::Sc::,.0.::.0 ________ _.,,2,::0.2:,,5:..____ KES/RWF 8.1639 __,7.::.5=-5 _ __,3::,,3:.:,0 _ _.:;K::,:en"'ya"'A"'ir.!!w"'ays""L"'td,.,o,::rde.,5"".o"'o _____ __:6""3"'5 ___ 5e:c,9ce5_ 8,,,o,,,3,.e:,20,,,o,_ =KE~5'=81~' - - - - -- __lMill___
6.95 3.70 LonghornPublishers ltdOrdl.OOAIMS 4.95 5.15 5.000 AEDIRHAM 2?.736I CAN$ 75.4981
_8,::,0e,0'---'6"".5"'0'---'N"'a::.:iro,,,b,.,,iBe,US,::.in"'es"'s.,_,Vec:.:n,,,luc,,res"'L"'td,.,O::.:rd"'.J"".O"'O"'GE"'M"'S--"7.5""0'---"75"'0'---'l"',8""00"- SFRANC 100.2987 ---"-19=8·.=.c00,.___-"-95=.0::.:0c___cN"'a"'tio=n.:;;M"'ed"'ia,_,Ge.=rocoup"'L"'ld,_,0::..:rd::.:.2:,5:=.0 ____ -"-95:::;.0::.:0c___-"-95e.:;,0e>0:..___,9,,,.0_:,:00,,_ IPV(IOO) 90.0219
33.75 17.80 StandardGroupltdOrd 5.00 22.00 SWKRONER il.0411 28.75 15.40 TPSEastemAfricaLtdOrdl.00 19.50 18.65 200 t!QBKRONER 11.8711 11.00 2.70 UchumiSupermarketLtdOrdS.00 3.40 3.25 23,400 OANKRONER 14.4757 33.50 14.50 WPPScangrouplldOrdl.00 18.45 18.10 2,926,200 l"'NO~R"'UP_,,,E[~----------'1"'.48,,,l9
CONST11UCT10NIALLIED HONGKONC,OOLLAR 13.1339 -------'=======----------------' SINGAPOR[OOLLAR /1.2003
48.00 22.50 ARMCementLtdOrd 1.00 25.75 26.00 8,300 SAUDI RIVAL_ _E!!i116 _.=:20:.::0::=.0.::.0 _,,,15,:,0.0:c,0._____,Ba=mocbUe:_rlc,Ce"'m"'e"-'nt,..,,Lt,,,d.ocOrd= S·:c:00'------1"'6"'0.0:c:0.____,,,158,o,,,,OO'---~J,,,O,,_O (HINESEVUAN 14.n1• --'6""5"".0"'0 _ ::e40,o:.OesOc____,cr,,..,<m=,.n!:.!Pa:,,.ine,:tse!Ke""n"'ya,eL,eldc,eO!.-"rdc,;5.~00"-----"'42.e:,00""-._ _ __:,4:,2.5~0!,___~l~.l~OO,,_ AUSTRAL~IA=N:.._ _______ 75.4831
11.00 5.70 E.A.Cables Ltd Ord 050 6.00 6.05 260,500 56.00 20.00 E.A.Portland Cernen1co.UdOrdS.OO 20.00
ENERGYIPETROLEUII 930 5.40 Ken Gen Co. Ltd Ord. 2.50 6.10 6.10 137.000 12.40 7.85 KenolKobil Ltd Ord 0.05 15.70 1430 3,416,900 14.90 7.75 Kenya Power & Lighting Co Ltd Ord 2.50 8.95 8.95 91,500 5.50 5.50 Kenya Power & Lighting Ltd 4% Prer20.oo 5.30
Kenya Power & Lighting Ltd7% Pref 20.00 550 19.45 15.00 Total Kenya LidOrds.oo 17.80 17.70 7,700 24.00 15.00 umeme Ltd Ord a.so 1550
L INSURANCE 16.85 9.90 Britam Holdings Ltd Ord 0.10 10.05 10.05 38,700 7.00 3.55 CIC Insurance Group Ltd Ord.J.00 4.00 3.95 256,600 515.00 420.00 Jubilee Holdings Ltd Ord 5.00 480.00 23.00 18.00 Kenya Re Insurance Corporation Ltd Ord 2.50 21.75 22.00 8,000 21.00 5.55 Liberty Kenya Holdings Ltd Ord. 1.00 13.50 13.50 22,800 65.00 28.50 Sanlam Kenya Pie Ord s.oo 32.75
51.00 34.25 Cenlum lnveslrnentco Ltd Ord 0.50 40.00 40.00 58.900 3.00 I.JO Home Afrika Ltd Ord l.OOGEMS 1.10 1.15 848,900 J.500.001.500.00 Kurwitu ventures Ltd Ord 100.00GEMS 1,500.00 4.90 2.00 Olympia Capital Holdings Lid Ord 5.00 3.00 3.00 1,900 13.40 4.20 Trans-Century Ltd Ord O.SOAIMS 6.90
INVESTMENTSEIMCES 30~ 13.20 Nairobi Securities Exchange Ltd Ord 4.00 14.05 13.90 SO.JOO
MANUFACTURING I ALLIED A.Baumann & Co Ltd Ord 5.00AIMS 11.10
U0.00 75.00 B.0.C Kenya Ltd OrdS.00 85.00 90.00 500 880.00 720.00 British American Tobacco Kenya Ltd Ord 10.00 830.00 827.00 200 17.00 12.80 Carbacid Investments Ltd Ord 1.00 14.00 13.15 100 325.00 236.00 East African Breweries Ltd Ord 2.00 257.00 270.00 169,200 3.15 1.80 Eveready East Africa Ltd Ord.J.00 2.65 2.65 7.400 830 3.60 FlameTreeGroupHoldings lldOrd0.825GEMS · 5.40 5.30 200 97.00 95.00 Kenya Orchards Ltd Ord 5.00AIMS 95.00 1.85 1.00 MumiasSugar Co. Ltd Ord 2.00 1.35 1.25 866.900 39.00 30.00 Unga Group Ltd Ord 5.00 35.00 34.00 60,000
L TELECOMIIUNICATIONI TECHNOLOGY 21.75 14.00 sararicom Ltd Ord a.as 19.90 19.95 450.200
REALESTATEINVESTMENTTRUST 23.75 10.00 STANLIBFAHARI I-REIT.Ord.20.00 13.25 13.40 5.400
NSE All Share Index . Down 0.99 points to close al 137.40 NSE 20·share Index. Oown 7.72 points lo close al 3265.89 NSE 25·5hare Index. Down 33.60 points lo close al 3647.95
KenGen receives award for its green energy projects KenGen has been awarded the 2016 JICA President Award for its
flagship green energy project, Olkaria I Units 4 and s. Awarded by the Japan International Co-operation Agency (JICA), the award is given to individuals or organisations associated with JICA and whose contri· bution in the field of development is known to be of immense sign if· icance to human resources, society and the economies of developing countries. The Olkaria I Units 4 ands are among eight projects and five individuals who have been recognised in 2016. The 140 MW geo· thermal power plants were funded by JICA and other partners. Ken-Gen CEO Albert Mugo said the award would serve as a motivator to ef· forts to implement KenGen's green energy agenda.-JAMES WANZALA
BANK RATES 25/11/16 US DOLLAR EURO
BUY SELLIIARG BUY SELL IIARG ABC 101.80 102.00 0.20 107.59 107.Bl Q22 EQUITY 101.75 101.95 010 107h5 107.92 017 l&M 101.80 102.00 0.20 10117 -10Z&-0.l5 DIAMOND TR STIOI.JS 10 0:'!1l ll7.lt""" IOl./6 O.ll HI ( 101.80 102.00 0.20 107.65 107.92 0.27 ECOBANK 101.75 101.95 010 107.57 107.82 0.1S 111 COMMUNITY 101.76 101.% 0.20 107.55 107.78 OB PRIME IDI JS IOl.95 Q20 107.52 I07J/ 0.25 iiiDii[f £AS1 101.70 101.90 Q20 107.65 107.92 0.27 CFC5TANmc 101.75 101.95 0.20 107.53 107.78 0.15 CITIBANK 101.80 102.00 0.20 107.54 107.76 0.22 CB A 101.80 10200 0.20 107.53 107.75 0.22 NBK IOI.BO 10200 0.20 107.55 107.78 0.23 BARCLAYS 101.80 102.00 0.20 107.65 107.92 0.27 "'STA"'NO=AR"'-0---'1,ccOJ."c80--'l,cc02.""00_ 0::;·20~10!::,,.54'- 107.76 0.22 KCB 101.81 102.01 0.20 107.57 107.82~ BOA 101.75 101.95 Q20 107.54 107.76 0.22 CO·OP 101.75 101.95 Q20 107.53 107.76 Q2J
FOREX BUREAU 24/11/16 PER US DOLLAR PER EURO
BUY SELL IIAR6 BUY SEL AlPHAfOIIUBUREAULTD IOLIJJ 101.IJJ LOO Wl.00 1119.511 1JO IRCAIIEflIDBIIR!AULID IOl.!ll 10l,50 100 10&00 IIDOO 100 AIIIIIIXR!ISfORUBURtAU IOLOO 104111 1111 IOi,111 1119.IXI JOO 8AMB11mF-011£XBU1£AUliD IPLOO 103.lll 200 IQJOO 110.00 l.lll BAYfOR[X81JIIUUIHm1u11 10).!ll P LOO IOIJO 111.00 5,50 iUIIIAIGAIBCflB llllljl 101.IJJ IJJ 106.lll 109.!ll 150 C£NmAlfOIIUSUR!AU11D IOLro U LOO Ill.SO 111,00 lJO ClAl9Cf-Oll[JS11BfAU !111.10 IOIJO lll lOIJ!I 109.00 llO COIIUEB(1Alff/lEXBIIR[AU IQIIO llll.W ll,90 IOI.Ill 111.00 4,00 COIIIINl!lAlfQR[X8URtAU 101.00 JOl.l) OlJ lllijll loaoo 1.40 CRAl[Rflll!!BIIRCIUllD 99.BO IOI.BO JOO IOI.JI 108.l0 lOO CIIJY!l!B1JRIAUOCCIIANG£ 1111.lO llll,50 200 lfAllJ 110.00 !.00 r-ORIXBIIREAU MROliO WLlQ JOIJII 100 IWIJ IOSJO 100 GAICWAYfQR[XBURfAUUO IOI.Ill 101.50 II.SO IOlSII UD,00 1JO G~NHIIDBIIRIAU iOLOO 101.50 L5Q 106.lll no.so 4.50 [tl)'[AN'JlAKEfOREXBllil!U iOL40 10200 ll6l1 106.lll unoo 4.111 (/.O!l\'rOREJBIIREAULTD IDLBO !01:11 II.SQ llll,llJ 10&00 lOO 6LA/1Dft'4IUBUREAULIO WLlQ IOl.10 II.SQ JOI.Ill lllllJJ Q.911
Jllh@NfORfXBURIAU lOOJO IOI.JO llll Kil.Ill 109111 4.00 KUlY,EIOIANli[BUREAULIDWLOO IQlOO 1,111 IOI.Ill IQ'l511 1.50 l~Ef(IJ[XWREAUIIO 100!0 !0265 IA) IIMO 10&50 llll LEOFIIDBIJREAULID Wi.10 10/.10 LOO IIX>511 IOI$ l.lll UARl]IMH-0/IEXBUR[AUIIO 101.45 ID1.SO 1,115 lllijll lllllO UO UfTROl'ClllANBUll[AU IOLIIJ IOJ,lll 200 !09.00 11100 200 UHKl.fllli!Nf-ORIXWIOl90I01JOMll10.00 109,IXlllll Mll!IABIJll[AUOECHAlllELTD 101.!ll IPIJJ Ml IIXtlll HLIII S.00 MORWFOREXBUREAU IOLBO IPl,40 Mil JOI.Ill M 1.00 HAIROmBUll[AUIXQIANI! IOIOO 101.50 L50 IOI.Ill 110.00 JOO IIAWAtf-Oll[XBIJRE!ULID IOI.Ill 101.Bll LBO lfAllJ I0!.511 I.SO lffl/lOIIHOOBUREAU 101$ IOIIO OJ! IOllll IQS.65 1.61 PIQFl;FQIIEXBIIREAU IOI.BO IPl,40 ll60 WI! 1119.511 100 PfM10PElOIAIIG[BIJ~£AU IOI.BO iOlJJ 0,511 l~ll !09511 llO 11Lff/llXBIIREAULID IPIL'O IOl,511 IJQ 101111 iO&SO 1,50 l'!N(jUINf-OIIEXBUREAUIJP IOIJD JOl,lll IJI 10.00 109,00 lllJ l'/ilNIFlllEXBUR!AULIO IDl.10 IOl,511 lll HM I0,\00 1$ A'IENUWB IOLll 1ouo LOI WI 10011 1115
source: central Bank
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