WPP SCANGROUP PLC

WPP Scangroup PLC:

WPP-Scangroup is a full-service creative transformation company, focused on building better futures for our clients. With outstanding creativity, deep insights and advanced technology, we bring together brilliant people to build dynamic, new and lasting relationships between our clients and their audiences. Our core capabilities include: Brand Stewardship & Communications, Customer engagement & Experience, Technology, Commerce & Advisory: Ogilvy Africa, JWT Scanad & Squad Media Investment Management (Media, Content & Technology): Group M, Mediacom, Mindshare, Wavemaker (MEC) PR, Influence & Government Practice: Ogilvy and H+K Strategies Shopper Marketing &Engagement: Geometry Consumer Research, Market Data & Insights: Kantar (TNS & Millward Brown).

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WPP SCANGROUP

Phone: 0203222111, 0719012111
Address: Standard Group Plc HQ Office,
The Standard Group Center,
Mombasa Road. P.O Box 30080-00100,
Nairobi, Kenya.
Ticker : SGL

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Financial Reports for WPP SCANGROUP PLC

Explore comprehensive financial reports for WPP Scangroup PLC, featuring annual reports, interim reports, and essential financial statements. Stay informed about the company’s performance, financial strength, and strategic direction with up-to-date financial information.

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WPP Scangroup to Restructure Units, Declare Staff Redundancies

Listed advertising firm WPP Scangroup is planning to lay off staff and restructure roles in some of its units as it struggles to meet its revenue targets. According to several sources, the company issued notices to some of its staff to reapply for roles, and notified them that some roles will cease to exist. It was not immediately clear how many staff members received the “intent of redundancy” notices. The notices were primarily sent to employees in the creative units, but there are also reports that staff in the account management and shared services departments also received them.

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Former Scangroup CEO Bharat Thakrar files Sh4.3bn suit over ouster

Former Scangroup CEO Bharat Thakrar has sued the firm’s UK-based parent WPP Plc, its subsidiary WPP Scangroup, and all its directors in a Nairobi court for alleged loss and reputational, emotional and mental damage linked to the events that followed his suspension from the company he founded. He is seeking more than half a billion shillings in Kenya, plus loss of potential earnings had he still been CEO of Scangroup, and reputational damage, which, according to UK media, could be in the region of £24 million (Sh4.3 billion), if the claim succeeds.

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Nairobi Securities Exchange – NSE

 

COMMERCIAL AND SERVICES INDUSTRY

COMPANY NAME

ISIN CODE

TICKER

MARKET CAP

KE5000005438

DCON

 

KE0000000588

EVRD

 

KE0000000224

XPRS

 

KE0000000307

KQ

 

KE2000002275

LKL

 

KE5000000090

NBV

 

KE0000000380

NMG

 

KE0000000232

SMER

 

KE0000000455

SGL

 

KE0000000539

TPSE

 

KE0000000489

UCHM

 

KE0000000562

SCAN

 

CBK Key Rates

RATE%Date
Central Bank Rate10.5009/08/2023
Inter-Bank Rate12.2003/10/2023
CBK Discount Window14.5010/08/2023
91-Day T-Bill14.82102/10/2023
REPO8.9411/08/2023
Inflation Rate6.8SEP,2023
Lending Rate13.5JULY,2023
Savings Rate3.97JULY,2023
Deposit Rate8.1JULY,2023
KBRR8.927/07/2016

FINANCE EA DAILY BRIEFS

CPI & Inflation Rate-KNBS

MONTHINFLATION RATE %CPI
September 20236.8135.32
August 20236.73134.02
July 20237.28134.15
June 20237.88134.01
May 20238.03133.01
April 20237.90131.83
March 20239.19131.18
February 20239.23130.13
January 20238.98129.29
December 20229.06128.99
November 20229.48128.31
October 20229.59127.86
September 20229.18126.73
August 20228.5125.58
July 20228.3125.05
June 20227.9124.22
May 20227.1123.12
April 20226.47122.17
March 20225.56120.14
February 20225.08119.13
January 20225.39118.64
December 20215.73118.27
November 20215.8117.2
October 20216.45116.67
September 20216.91116.08
August 20216.57115.71
July 20216.55115.45
June 2021––