Would You Pay1.5M for Undergraduate?
They say cheap is expensive, and nothing good comes easy. A good education is an important and an inevitable pathway to a successful and fulfilling life. Higher education is becoming an expensive affair each day as the economy worsens and in the people’s quest to get the best, one is…
Drop in Taxes Hasn't Increased Gas Usage
Despite the Government dropping taxes on cooking gas in 2005, supply of the same has not reflected the move. This has majorly been attributed low supply due to storage issues. LPG usage has been curtailed by lack of enough storage capacity that stands at 3,960 tonnes, comprising 1,250 tonnes LPG…
Global Hotel Brands Coming to Nairobi for the Africa Hotel Investment Forum
Several premium global hotel and tourism giants have confirmed their participation in the forthcoming Africa Hotel Investment Forum to be held in Nairobi. The more than one dozen hotel chains will be hosted in Nairobi this September by the Kenya Tourist Development Corporation (KTDC) which is the 2012 host partner…
The Costly Side of Rain
The rains that have rocked Nairobi and other parts of the country in recent days can be looked as both a blessing and a curse. Consumer comfort depends a great deal on the amount of rainfall this country receives through the year. Food production and electricity generation in Kenya…
Nakumatt to Unveil ‘Planet Media’ – Kenya’s Largest Multi-media Store
As regional retailer, Nakumatt Holdings, steps up its market development plans, the retail chain is now all set to open the doors to Kenya’s largest multi-media store. In line with its strategic focus to provide lifestyle enhancing products and services, Nakumatt Holdings will in coming days open the door to…
Keep Your Change
The old tag line of ‘keep change’ has been fading away with the years as the world economy worsens with time. The tipping in hotels and other establishments still exist but it is on such a low scale because people want to save as much money as they can. However,…
The Art of Investing When Young
The traditional low saving culture among Kenyans could be headed for the dead. The revelation follows a new trend by banks and insurance firms in promoting saving culture at earlier stages of life. Jubilee Insurance and Barclays Bank have announced initiatives targeting children and college going students in nurturing a…
Telkom Makes 'Hola' Tariff Permanent
The promotional offer dubbed Hola that Telkom Kenya has been running is now going to be a permanent tariff. The service gives consumers a flat rate of Shs 10 for both voice and data in a day within the network. Telkom has been running the offer for a month and…
NIC Bank Posts Sh723m Profit
NIC Bank Group has announced a 38 per cent increase in profit after tax for the first quarter of 2012, to hit Sh723 million. Managing director James Macharia attributes the increase in profit to growth in loan advances and an increase in non-funded income. Over a…
Falling Trees are to Blame, Kenya Power says
Kenya Power has said that the power outages witnessed in most parts of the country have bee caused by trees falling on power lines due to strong winds and heavy rains. There were earlier claims that the power outages were stage managed by company employees who wanted…
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