@BusinessDaily

Competition cuts Carbacid carbon dioxide sales 38pc - 2 Jan 2018 13:03

By: Victor Juma

Carbacid Investments #ticker:CARB is facing increased competition in its carbon dioxide business, a trend that has seen sales from that division drop 38.4 per cent from their peak. The Nairobi Securities Exchange-listed firm says it has lost market share to regional alcohol manufacturers who harness carbon dioxide as a byproduct of their production process. Carbacid, which also runs an investment division, says its sales of the gas stood at Sh589.3 million in the year ended July 2017. That represents a decline of 29.1 per cent from the previous year and a 38.4 per cent fall from peak turnover of Sh956.8 million in 2013. The steady decline in the carbon dioxide business has seen the company rely more on its investment arm that holds treasuries, listed equities and real estate, injecting more volatility into its earnings in line with gyrations in its equities and bond holdings. “Our markets have remained challenging ...
Read More


Category: business news lifestyle economy corporate opinion markets

Item ID: e1385186-0aa9-4a3e-8596-c421b924cdef

kadiNewsItemCategoryList
  1. newsPriority: 66.375
  2. calculatedNewsPriority: 298.5
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: business
  6. title:

  1. newsPriority: 89.203
  2. calculatedNewsPriority: 321.328
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title:

  1. newsPriority: 91.203
  2. calculatedNewsPriority: 323.328
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title:

  1. newsPriority: 90.203
  2. calculatedNewsPriority: 322.328
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title:

  1. newsPriority: 66.375
  2. calculatedNewsPriority: 298.5
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title:

  1. newsPriority: 90.203
  2. calculatedNewsPriority: 322.328
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title:

  1. newsPriority: 90.203
  2. calculatedNewsPriority: 322.328
  3. description:
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title:

compoundTime
  1. timeLastCalculatedUpdate: Jan 2, 2018 1:03:43 PM
  2. timeModifiedAsFromUser: Jan 2, 2018 10:54:28 AM
  3. timeCreatedAsFromServer: Jan 2, 2018 1:03:43 PM
  4. timeUpdatedAsFromUser: Jan 24, 2019 10:13:05 AM
  5. timeCreatedAsFromUser: Jan 2, 2018 10:43:38 AM
  6. timeUpdatedAsFromServer: Jan 24, 2019 10:13:05 AM
  7. timeModifiedAsFromServer: Jan 2, 2018 1:03:43 PM

Suggested

16 hours ago, 17:28
PKF books Sh35m fees from troubled Deacons

Consultancy firm PKF Kenya is set to earn up to Sh35 million in fees for its work as the administrator of the insolvent fashion retailer Deacons East Africa #ticker:DCON. The advisory firm will earn ...

Category: business news corporate lifestyle economy opinion markets

Item ID: fa04b963-e970-46b0-8b05-0af58ed377e1

kadiNewsItemCategoryList
  1. newsPriority: 0.011
  2. calculatedNewsPriority: 0.278
  3. description: Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.011
  2. calculatedNewsPriority: 0.278
  3. description: News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

  1. newsPriority: 0.052
  2. calculatedNewsPriority: 0.319
  3. description: Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

  1. newsPriority: 0.052
  2. calculatedNewsPriority: 0.319
  3. description: Lifestyle News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title: LifeStyle News

  1. newsPriority: 0.062
  2. calculatedNewsPriority: 0.329
  3. description: Economy News
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title: Economy News

  1. newsPriority: 0.062
  2. calculatedNewsPriority: 0.329
  3. description: Opinions
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

  1. newsPriority: 0.062
  2. calculatedNewsPriority: 0.329
  3. description: Markets News
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title: Markets News

compoundTime
  1. timeLastCalculatedUpdate: Jan 23, 2019 5:28:05 PM
  2. timeModifiedAsFromUser: Jan 23, 2019 6:34:02 PM
  3. timeCreatedAsFromServer: Jan 24, 2019 10:05:17 AM
  4. timeCreatedAsFromUser: Jan 23, 2019 5:28:05 PM
  5. timeUpdatedAsFromServer: Jan 24, 2019 10:05:17 AM
  6. timeModifiedAsFromServer: Jan 24, 2019 9:51:56 AM
16 hours ago, 17:48
SGR children fares up 50pc in Kenya Railways review

Passenger fares for children on the standard gauge railway (SGR) trains from Mombasa to Nairobi are set to increase 50 per cent in a bid to raise more revenue to pay the Chinese operator. Kenya ...

Category: business news

Item ID: 4b61bf24-52f8-4779-8a47-c4d0653db597

kadiNewsItemCategoryList
  1. newsPriority: 0.012
  2. calculatedNewsPriority: 0.279
  3. description: Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.012
  2. calculatedNewsPriority: 0.279
  3. description: News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

compoundTime
  1. timeLastCalculatedUpdate: Jan 23, 2019 5:48:01 PM
  2. timeModifiedAsFromUser: Jan 24, 2019 6:02:26 AM
  3. timeCreatedAsFromServer: Jan 24, 2019 10:05:22 AM
  4. timeCreatedAsFromUser: Jan 23, 2019 5:48:01 PM
  5. timeUpdatedAsFromServer: Jan 24, 2019 10:05:23 AM
  6. timeModifiedAsFromServer: Jan 24, 2019 9:51:57 AM
16 hours ago, 17:28
P&G sets sights on mass market with smaller Ariel sachet

Fast-moving-consumer-goods multinational Procter and Gamble on Wednesday unveiled a new-look Ariel laundry detergent and introduced a 30-gramme sachet targeting the informal market. The move poses ...

Category: business news corporate lifestyle economy opinion markets

Item ID: 3c159edd-b127-4675-9e7a-f7354b585a7f

kadiNewsItemCategoryList
  1. newsPriority: 0.013
  2. calculatedNewsPriority: 0.28
  3. description: Business News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: business
  6. title: Business News

  1. newsPriority: 0.013
  2. calculatedNewsPriority: 0.28
  3. description: News
  4. parsedURL: http://www.businessdailyafrica.com/
  5. name: news
  6. title: News

  1. newsPriority: 0.023
  2. calculatedNewsPriority: 0.29
  3. description: Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

  1. newsPriority: 0.051
  2. calculatedNewsPriority: 0.318
  3. description: Lifestyle News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title: LifeStyle News

  1. newsPriority: 0.061
  2. calculatedNewsPriority: 0.328
  3. description: Economy News
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title: Economy News

  1. newsPriority: 0.061
  2. calculatedNewsPriority: 0.328
  3. description: Opinions
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

  1. newsPriority: 0.061
  2. calculatedNewsPriority: 0.328
  3. description: Markets News
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title: Markets News

compoundTime
  1. timeLastCalculatedUpdate: Jan 23, 2019 5:28:34 PM
  2. timeModifiedAsFromUser: Jan 23, 2019 6:34:23 PM
  3. timeCreatedAsFromServer: Jan 24, 2019 10:05:19 AM
  4. timeCreatedAsFromUser: Jan 23, 2019 5:28:34 PM
  5. timeUpdatedAsFromServer: Jan 24, 2019 10:06:49 AM
  6. timeModifiedAsFromServer: Jan 24, 2019 9:51:59 AM
16 hours ago, 17:49
Undispatched vetting forms stall Sh5bn maize buying

Procurement of maize has been stalled by Agriculture ministry's delay in issuing vetting forms to establish genuine farmers who can benefit from the Sh2,500 per 90 kilogramme bag offered by the ...

Category: topnews news business

Item ID: 545046e0-33ae-4c42-ae14-cbed866b9c53

kadiNewsItemCategoryList
  1. newsPriority: 0.036
  2. calculatedNewsPriority: 0.303
  3. description: Top News
  4. parsedURL: http://www.nation.co.ke/
  5. name: topnews
  6. title: Top News

  1. newsPriority: 0.021
  2. calculatedNewsPriority: 0.288
  3. description: News
  4. parsedURL: http://www.nation.co.ke/business/996-996-x0uutpz/index.html
  5. name: news
  6. title: News

  1. newsPriority: 0.02
  2. calculatedNewsPriority: 0.287
  3. description: Business News
  4. parsedURL: http://www.nation.co.ke/business/996-996-x0uutpz/index.html
  5. name: business
  6. title: Business News

compoundTime
  1. timeLastCalculatedUpdate: Jan 23, 2019 5:49:14 PM
  2. timeModifiedAsFromUser: Jan 23, 2019 6:13:14 PM
  3. timeCreatedAsFromServer: Jan 24, 2019 10:04:56 AM
  4. timeUpdatedAsFromUser: Jan 24, 2019 10:10:27 AM
  5. timeCreatedAsFromUser: Jan 23, 2019 5:49:14 PM
  6. timeUpdatedAsFromServer: Jan 24, 2019 10:10:27 AM
  7. timeModifiedAsFromServer: Jan 24, 2019 9:53:06 AM
16 hours ago, 17:30
Busia Sugar accuses Rai firm of foul play

Busia Sugar Industries Limited has accused businessman Jaswant Singh Rai of using court process to stifle competition amid an ongoing licence war with his miller. The firm says Mr Rai’s West Kenya ...

Category: business news corporate lifestyle economy opinion markets

Item ID: ad01bcfc-d308-4106-82e2-b5ac07897d75

kadiNewsItemCategoryList
  1. newsPriority: 0.021
  2. calculatedNewsPriority: 0.288
  3. description: Business News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: business
  6. title: Business News

  1. newsPriority: 0.021
  2. calculatedNewsPriority: 0.288
  3. description: News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: news
  6. title: News

  1. newsPriority: 0.021
  2. calculatedNewsPriority: 0.288
  3. description: Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

  1. newsPriority: 0.049
  2. calculatedNewsPriority: 0.316
  3. description: Lifestyle News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title: LifeStyle News

  1. newsPriority: 0.059
  2. calculatedNewsPriority: 0.326
  3. description: Economy News
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title: Economy News

  1. newsPriority: 0.059
  2. calculatedNewsPriority: 0.326
  3. description: Opinions
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

  1. newsPriority: 0.059
  2. calculatedNewsPriority: 0.326
  3. description: Markets News
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title: Markets News

compoundTime
  1. timeLastCalculatedUpdate: Jan 23, 2019 5:30:26 PM
  2. timeModifiedAsFromUser: Jan 23, 2019 6:34:23 PM
  3. timeCreatedAsFromServer: Jan 24, 2019 10:06:26 AM
  4. timeCreatedAsFromUser: Jan 23, 2019 5:30:26 PM
  5. timeUpdatedAsFromServer: Jan 24, 2019 10:06:49 AM
  6. timeModifiedAsFromServer: Jan 24, 2019 10:05:25 AM
16 hours ago, 17:29
Posta pensioners want RBA chief jailed

More than 4,000 former employees of the Postal Corporation of Kenya (PCK) have asked the High Court to commit the chief executive officer of the Retirements Benefits Authority (RBA) to jail for ...

Category: business news corporate lifestyle economy opinion markets

Item ID: 4c4a18b5-3587-4920-b014-23723be3c23b

kadiNewsItemCategoryList
  1. newsPriority: 0.022
  2. calculatedNewsPriority: 0.289
  3. description: Business News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: business
  6. title: Business News

  1. newsPriority: 0.022
  2. calculatedNewsPriority: 0.289
  3. description: News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: news
  6. title: News

  1. newsPriority: 0.022
  2. calculatedNewsPriority: 0.289
  3. description: Corporate News
  4. parsedURL: http://www.businessdailyafrica.com/corporate/539550-539550-75xmgez/index.html
  5. name: corporate
  6. title: Corporate News

  1. newsPriority: 0.05
  2. calculatedNewsPriority: 0.317
  3. description: Lifestyle News
  4. parsedURL: http://www.businessdailyafrica.com/lifestyle/547058-547058-1027qmj/index.html
  5. name: lifestyle
  6. title: LifeStyle News

  1. newsPriority: 0.06
  2. calculatedNewsPriority: 0.327
  3. description: Economy News
  4. parsedURL: http://www.businessdailyafrica.com/economy/3946234-3946234-65o5j7/index.html
  5. name: economy
  6. title: Economy News

  1. newsPriority: 0.06
  2. calculatedNewsPriority: 0.327
  3. description: Opinions
  4. parsedURL: http://www.businessdailyafrica.com/analysis/539548-539548-bepu06/index.html
  5. name: opinion
  6. title: Opinions

  1. newsPriority: 0.06
  2. calculatedNewsPriority: 0.327
  3. description: Markets News
  4. parsedURL: http://www.businessdailyafrica.com/markets/539552-539552-ujwmr5/index.html
  5. name: markets
  6. title: Markets News

compoundTime
  1. timeLastCalculatedUpdate: Jan 23, 2019 5:29:43 PM
  2. timeModifiedAsFromUser: Jan 23, 2019 6:34:23 PM
  3. timeCreatedAsFromServer: Jan 24, 2019 10:06:26 AM
  4. timeCreatedAsFromUser: Jan 23, 2019 5:29:43 PM
  5. timeUpdatedAsFromServer: Jan 24, 2019 10:06:49 AM
  6. timeModifiedAsFromServer: Jan 24, 2019 10:05:27 AM