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Kenya RE FY 2015 profit before tax up 15%

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Ebenyo		#31 Posted : Monday, July 04, 2016 4:36:36 AM
Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale		mkate_nusu wrote: Ericsson wrote: Kenya Re targeting 17% growth in profits this year.Future growth opportunities will focus more on Asia and Southern America especially Brazil This stock has vast potential. if only GOK could sell off most of its ownership Patiently waiting for this ship at 17.00 to board.Anyone with idea as to the destination time? Towards the goal of financial freedom
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mlennyma		#32 Posted : Monday, July 04, 2016 8:43:34 AM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		mkate_nusu wrote: Ericsson wrote: Kenya Re targeting 17% growth in profits this year.Future growth opportunities will focus more on Asia and Southern America especially Brazil This stock has vast potential. if only GOK could sell off most of its ownership wasn't it in governments list for further privatization? "Don't let the fear of losing be greater than the excitement of winning."
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heri		#33 Posted : Thursday, August 11, 2016 8:41:04 AM
Rank: Member Joined: 9/14/2011 Posts: 869 Location: nairobi		Forgery to cost Kenya Re IN SUMMARY The NLC tribunal declared the 1997 sale of the land to Kenya-Re null and void, saying the 4.7 acre parcel that was part of the transaction property was Karura Forest land. Mr Macharia had in a 2004 suit against the Attorney-General claimed that Mr Muigai and Mr Karanja were shareholders of Sceneries, but were unable to contribute capital that would have enabled them to earn their equal stake in the firm, forcing the media mogul and Mr Kibe to strike them out This means Kenya Re will either have to cede 6.4 acres of the land it has been awarded, or jointly with Mr Macharia, Mr Kibe and Mr Karanja pay President Kenyatta’s cousin Sh405 million going by Kenya Re’s 2014 valuation of the land at Sh6 billion
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