Category: Unga
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Unga narrows full year loss to Sh669.5m on lower costs
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Manufacturer Unga Group Plc narrowed its loss for the year ending June 2024 to Sh669.5 million from Sh959.3 million previously, on lower costs. The company attributed the lower costs to improved efficiencies in its operations and one-time gains in foreign exchange with the appreciation of the Kenyan shilling in the…
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Unga Group parts ways with MD Joseph Choge, picks insider
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Unga Group has parted ways with managing director Joseph Chuji after nearly two-and-a-half years and has turned to an insider to take over an acting role amid a drive to return to profitability. The Nairobi Stock Exchange-listed company announced on Wednesday that Mr Choji, who joined in December 2021, exited…