Erik Hersman one of the founders of iHub, a a TED Senior Fellow as well as a PopTech Faculty Fellow, writes: Perhaps one of the longest projects to come to fruition for me has been Gearbox. Over three years ago, a…
An update on the Nairobi Securities Exchange (NSE) as at 11.45 am today. The winners Olympia Capital Holdings (OCH), Kenya Orchards Limited (ORCH), Car And General Kenya Limited (…
Treasury to pay tax refunds in January Treasury secretary Henry Rotich said plans are under way to pay KES 10 billion of the estimated KES 30 billion backlog in January and to finish the rest within the first quarter of the year. The settlements will be made by issuing the claimants with tradable…
It was a long weekend in Kenya. From Friday, the next working day was Tuesday given that Monday was Mashujaa (heroes) day. Kenya Airways during the period was in the news for reasons both positive and neative. Lets start with the reported crash landing of a Kenya Airways plane: Kenya Airways…
Olympia Capital Holdings (OCH) was today the top gainer at the Nairobi Securities Exchange (NSE). Its closing price was KES 7.40, a rise of 100% compared to last Friday’s price of KES 3.70. “The rise can be attributed to…
An update on the Nairobi Securities Exchange (NSE) as at noon today, Olympia Capital Holdings (OCH) was exchanging at KES 7.00, a rise of 89.19% from last Friday’s closing price of KES 3.70. The winners Olympia Capital,…
Good times for depositors as Central Bank of Kenya (CBK) unveils new refund plan Governor Njuguna Ndung’u says CBK’s focus would now be directed to strengthening the deposit insurance design that will add value to the depositors and the financial system in general. He says the proposed measures, which are…
Airtel cleared for regional mobile money transfer Airtel Kenya -through its parent firm, Bharti – is set to start cross border mobile money transfer services in Kenya, Tanzania, Uganda and Rwanda after receiving regulatory approvals from the Central Banks of the four countries. The first phase will be a pilot…
British American Investments Limited – Britam – (BRIT) ended today among the top losers at the Nairobi Securities Exchange (NSE). Its closing price was KES 28.00, a drop of 2.61% compared to Thursday’s price of…
Today at the Nairobi Securities Exchange (NSE): NIC Bank Limited (NIC) had shed 4.48% from yesterday’s closing price as at 11.15 am today. The lender was exchanging at KES 64.00 compared to Thursday’s close of KES…