Abacus Wealth Management

8 Things You Should Know This Morning

1. The Night Shift is Now a Tarrif

Safaricom’s 50 percent bonus internet, dubbed The Night Shift is now a tariff. For every 1.5GB, 3GB and 8GB bundles you buy you will get 50 percent bonus data absolutely free. The 50 percent bonus data has a validity period of 14 days and one can use the data between 10pm and 10am.

Read Full Story

2. CBK Extends Credit Listing Rule to Nab loan Guarantors

Borrowers face a new hurdle in accessing bank loans from next month if a Central Bank proposal that guarantors who fail to service facilities in default be referred to credit reference bureaus is adopted.

Read Full Story

3. Another Undersea Cable

Plans to land a fifth undersea fibre optic cable in Kenya are underway, a move that would see the country more than quadruple its current bandwidth capacity. Information Permanent Secretary Bitange Ndemo said increased uptake of the existing cable capacity will only multiply once the country goes into 4G in the near future.

Read Full Story

4. Tanzania Refuses to Pay Rent For UN 

The government of Tanzania has turned down a request by the United Nations in Tanzania to pay for a $10 million five-year rent for an office building housing UN agencies. The Permanent Secretary in the Ministry of Finance, Mr Ramadhani Khijjah, said in Dar es Salaam over the weekend that a poor country like Tanzania could not afford the bill.

Read Full Story

5. Too Ugly to be Saved: Weird Creatures

People are used to being asked to help save photogenic pandas, but are there animals whose strange appearance hinders conservation? Creatures that achieve world fame for being under threat – the panda, the mountain gorilla, the tiger – tend to be conventionally aesthetically pleasing, even cute. But the scientists who study the planet’s rarest beasts say that many of the most precious and threatened creatures have physical characteristics that, although perhaps not adorable in the most orthodox sense, make them truly unique.

Read Full Story

6. Africa in Pictures

View Images

7. State to Rescue Grounded Jetlink

Immigration minister Otieno Kajwang’ has petitioned President Kibaki to direct the Treasury to release stimulant funds to rescue the just folded airline Jetlink Express. Operations at the local low-cost airline have been grounded for lack of cash, which it blames on failure to convert into dollars revenue from its ticket sales in South Sudan.

Read Full Story

8. Google’s Android is eating Apple’s Lunch

Smartphones and tablets powered by Google’s Android software are devouring the mobile gadget market, eating into Apple’s turf by feeding appetites for innovation and low prices, analysts say. The Android operating system powered nearly three out of four smartphones shipped worldwide in the recently ended quarter as the mobile platform dominated the market, according to industry trackers at IDC.

Read Full Story

Exit mobile version