1. Solar Water Heating, What You Should Know
It is a requirement that households or premises with Hot Water usage exceeding a capacity of 100 Litre’s per day MUST install solar water heating systems. What does this entail exactly?
2. NSE to End Paper Use in Trading
The Nairobi Securities Exchange (NSE) is on Tuesday expected to launch a system that electronically links all brokers to the trading systems and to the central depository, eliminating the use of paper trading shares.
Kenyans keep their fingers crossed as the Monetary Policy Committee (MPC) is set to meet this week and the CBR expected to go down. This means that interest rates on loans will probably go down as well. The MPC lowered the CBR on in July to 16.5% and are expected to lower it further due to decreasing inflation and a stable shilling.
4. Electricity costs top of consumer worries
In a survey titled “the State of the Kenyan Consumer” carried out by Consumer Unity and Trust Society (CUTS), a non-governmental organisation, 70 per cent of those interviewed singled out electricity as too expensive, with 50 per cent complaining about exorbitantly priced healthcare.
5. The Imperfect Balance Between Work and Life
Rosabeth Canter explains how you can balance work and life, as long as you are fine with life not being perfect.
6. 100 Fishermen Spend Days Trapped in Lake
100 fishermen were trapped by water hyacinthin Lake Victoria for 2 days and two nights. This happened despite the 178 million donated in April last year to begin the project of removing hyacinth from the lake.
7. Kenya Drafts Policy on Carbon Trading
The Ministry of Finance is developing a policy on carbon trading to enable the government to harness potential revenue from projects that cut greenhouse gas emissions. Carbon credit trading typically refers to the business of exchanging one’s reduction on emission of carbon dioxide in a particular project, referred to as carbon credits, for an income.
8. Highest and Cheapest Fuel Prices by Country
You thought fuel was expensive in Kenya, think again; a litre of fuel in Norway costs KES 224.88. See the list above for pain at the pump details. You may need a calculator handy though, fuel is in gallons and prices are in dollars.