Unga Group
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Unga Group
Unga Group Limited is a Kenyan-based holding company with its investments in the business of flour milling and manufacturing of human nutrition products and animal feeds. The group has operations in Kenya and Uganda. Overview Unga Group was founded in 1908 making it one of Kenya's oldest companies. The group's headquarters are in Nairobi with flour mills in Eldoret, Nakuru and Mombasa. In 2000, Unga Group was in losses and entered into a strategic investment partnership with Seaboard Corporation to form Unga Holding Limited as part of its recovery strategy. Unga Groups operations were all transferred to the newly created subsidiary. Seaboard Corporation brought on-board capital and technical expertise. Unga Group re-entered the bread market in 2015 through its acquisition of Ennsvalley Bakery. This move was aimed to diversify the group's investments. This acquisition was funded by the proceeds the group earned from the sale its 51% stake in Bullpak, the group's paper packagin ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Business Daily Africa
''Business Daily Africa'', commonly known as ''Business Daily'', is an English-language daily business newspaper published in Kenya. The newspaper is published by Nation Media Group from its headquarters at Nation Centre on Kimathi Street in Nairobi, Kenya ) , national_anthem = "Ee Mungu Nguvu Yetu"() , image_map = , map_caption = , image_map2 = , capital = Nairobi , coordinates = , largest_city = Nairobi , .... See also References External linksBusiness Daily Website {{Media in Kenya Newspapers published in Kenya Nation Media Group Mass media in Nairobi ...
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Companies Listed On The Nairobi Securities Exchange
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Nairobi Securities Exchange
The Nairobi Securities Exchange (NSE) was established in 1954 as the Nairobi Stock Exchange, based in Nairobi the capital of Kenya. It was a voluntary association of stockbrokers in the European community registered under the Societies Act in British Kenya. The exchange had 66 listed companies in February 2021. History Founding Nairobi Stock Exchange (1954-1999) The Nairobi Stock Exchange was established in 1954 as the in Nairobi, the capital of Kenya. It was a voluntary association of stockbrokers in the European community registered under the Societies Act in British Kenya. Previous to its founding, dealing in shares and stocks started in the 1920s when it was the British colonial Kenya Colony (1920−1963), a part of the British Empire. A stock exchange was first floated in 1922 at the Exchange Bar in the Stanley Hotel in Nairobi. However, the market was not formal as there did not exist any rules and regulations to govern stock broking activities. Trading took place o ...
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Stock
In finance, stock (also capital stock) consists of all the shares by which ownership of a corporation or company is divided.Longman Business English Dictionary: "stock - ''especially AmE'' one of the shares into which ownership of a company is divided, or these shares considered together" "When a company issues shares or stocks ''especially AmE'', it makes them available for people to buy for the first time." (Especially in American English, the word "stocks" is also used to refer to shares.) A single share of the stock means fractional ownership of the corporation in proportion to the total number of shares. This typically entitles the shareholder (stockholder) to that fraction of the company's earnings, proceeds from liquidation of assets (after discharge of all senior claims such as secured and unsecured debt), or voting power, often dividing these up in proportion to the amount of money each stockholder has invested. Not all stock is necessarily equal, as certain classe ...
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Nampak
Nampak (National Amalgamated Packaging) is a South African company based in Johannesburg, South Africa that specialises in the manufacturing and design of packaging. Nampak is the largest diversified packaging company in Africa. The company produces packaging in glass, paper, metals, and plastic. The company's subsidiary, BevCan, is one of the largest producers of aluminium cans in Africa. The subsidiary, DivFood, is one of the largest producers of metal cans for canning, aerosols An aerosol is a suspension of fine solid particles or liquid droplets in air or another gas. Aerosols can be natural or anthropogenic. Examples of natural aerosols are fog or mist, dust, forest exudates, and geyser steam. Examples of anthrop ..., and metal containers in Africa. Currently, the company is focused on expanding operations into the rest of Africa. In 2018, the company announced that it was selling its glass packaging division. References {{Reflist Companies listed on the Joha ...
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South Africa
South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countries of Namibia, Botswana, and Zimbabwe; and to the east and northeast by Mozambique and Eswatini. It also completely enclaves the country Lesotho. It is the southernmost country on the mainland of the Old World, and the second-most populous country located entirely south of the equator, after Tanzania. South Africa is a biodiversity hotspot, with unique biomes, plant and animal life. With over 60 million people, the country is the world's 24th-most populous nation and covers an area of . South Africa has three capital cities, with the executive, judicial and legislative branches of government based in Pretoria, Bloemfontein, and Cape Town respectively. The largest city is Johannesburg. About 80% of the population are Black South Afri ...
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Nation Media Group
Nation Media Group (abbreviated as NMG) is a Kenyan media group listed on the Nairobi Stock Exchange. NMG was founded by Aga Khan IV in 1959 and is the largest private media house in East and Central Africa with offices in Kenya, Uganda, and Tanzania. In 1999, NMG launched NTV, a news channel in Kenya, and Easy FM. Media outlets The group publications include ''The EastAfrican'', '' Daily Nation'', ''Business Daily Africa'', ''Daily Monitor'', '' The Citizen'', ''NMG Investor Briefing'', ''Taifa Leo'' and ''Zuqka''. The ''Daily Nation'' and the Sunday edition of the same newspaper, the ''Sunday Nation'', celebrated their 50th anniversaries, branded by the Nation Media Group as "50 Golden Years", in 2010. NMG owns a 76.5% stake in the Monitor Publications Limited and 93.3 KFM, a Kampala-based radio station in Uganda. It also owns two television stations in the country, NTV Uganda and Spark TV. NMG also has a 60% shareholding in ''Mwananchi Communications Limited in Tanzania. Th ...
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Seaboard Corporation
Seaboard Corporation is a diverse multinational agribusiness and transportation conglomerate with integrated operations in several industries. In the United States, the company mainly engages in pork production and processing and ocean transportation. Internationally, Seaboard is primarily engaged in commodity merchandising, grain processing, sugar production and electrical power generation. The parent company, Seaboard Corporation is based in the Kansas City suburb of Merriam, Kansas. Its subsidiaries include Seaboard Foods, Seaboard Marine, Seaboard Overseas & Trading Group (SOTG), Tabacal Agroindustria, Transcontinental Capital Corporation, Ltd. (TCCB), and Mount Dora Farms. It has 50% non-controlling interest in Butterball, LLC. Its principal operating divisions are pork, commodity trading and milling, marine, sugar, and power. More than 50% of the corporation is owned by members of its founding family, the Breskys. Seaboard Corporation's subsidiaries and affiliates e ...
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Chairman
The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group, presides over meetings of the group, and conducts the group's business in an orderly fashion. In some organizations, the chairperson is also known as ''president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. Also, the chairman term may be used in a neutral manner not directly implying the gender of the holder. Terminology Terms for the office and its holder include ''chair'', ''chairperson'', ''chairman'', ''chairwoman'', ''convenor'', ''facilitator'', '' moderator'', ''president'', and ''presiding officer''. The chairperson of a parliamentary chamber is often called the ''speaker''. ''Chair'' has been used to refer to a seat or office of authority ...
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Mombasa
Mombasa ( ; ) is a coastal city in southeastern Kenya along the Indian Ocean. It was the first capital of the British East Africa, before Nairobi was elevated to capital city status. It now serves as the capital of Mombasa County. The town is known as "the white and blue city" in Kenya. It is the country's oldest (circa 900 AD) and second-largest List of cities in Kenya, cityThe World Factbook
. Cia.gov. Retrieved on 17 August 2013.
after the capital Nairobi, with a population of about 1,208,333 people according to the 2019 census. Its metropolitan region is the second-largest in the country, and has a population of 3,528,940 people. Mombasa's location on the Indian Ocean made it a historical trading centre, and it has been controlled by ma ...
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Nakuru
Nakuru is a city in the Great Rift Valley, Kenya, Rift Valley region of Kenya. It is the capital of Nakuru County, and was formerly the capital of Rift Valley Province. As of 2019, Nakuru had an urban and rural population of 570,674 inhabitants, making it the largest urban center in the Rift Valley, with Eldoret in Uasin Gishu County following closely behind. The city lies along the Nairobi Nakuru Highway, a distance of 160 kilometers from Nairobi, the capital of Kenya. It is the fourth largest city in Kenya, behind Nairobi, Mombasa and Kisumu respectively. It lies about 1,850 m above sea level. History Archaeological discoveries located about 8 km from the Central Business District at the Hyrax Hill reserve have been dated to the prehistoric period. The city was created on January 28, 1904 when an area within a circle having a radius of one mile from the main entrance to the railway station was proclaimed to be a township. The name of the town was derived from the Ma ...
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