Below is the position at which our portfolio stood as at the end of business yesterday, the 28th of May 2012. Share Market Segment Units Latest Share price (KES) Previous Price (KES) Current portfolio value (KES) Previous portfolio value (KES) Mumias Sugar Company Manufacturing and allied 2,700.00 5.65 5.70 15,255.00…

Below is a comparison of the performance of the Kenya Shilling over the last two trading days: Currency US Dollars Sterling Pounds Euro SA Rand KES/USHS KES/TSHS KES/RWF Date 25/05/2012 85.3153 133.5134 106.9232 10.184 29.186 18.6368 7.0621 28/05/2012 85.3958 134.1424 107.5728 10.2703 29.0648 18.6193 7.0555   As we can see,…

The Kenya Airways Rights Issue has been a hot topic for many. Some were optimistic, many were sceptical and others down right pessimistic. Analysts say that the shares may be oversubscribed. Whether or not that will be, the share has recovered to trade well above the KES 14 rights price.

Uchumi yesterday closed at KES 15.50 having opened the session at KES 16.50. Today we will watch the stock, among others, to see if it will remain at that value or if there will be more to the stock.

At most times, estate agents are the-to-go guys when it comes to searching for that ideal piece of land or property. All you have to do is describe what you want and where you’d want it to be, and they’ll hook you up with one. Though there’s one…

In last week’s auctions of government securities at the Central Bank of Kenya (CBK) the yields fell on all short term securities on offer; the 91 day and the 182 day Treasury bills. The yield on the 91 day bill stood at 9.865% as compared to the 10.075% seen at…

Gainers Price (KES) Change (%) Express Limited 3.75 4.17 Rea Vipingo Plantations 16.85 3.69 KCB 23.00 3.37 Standard Chartered Bank Limited 180.00 2.86 Eveready East Africa Limited 1.90 2.70 Losers Price (KES) Change (%) Uchumi Supermarkets Limited 15.50 9.88 Sameer Limited 4.30 4.44 British-American Insurance 5.60 4.27 Trans-Century Limited 25.00…

According to the weekly bulletin release by the Central Bank of Kenya (CBK) on Friday 25th, the interbank rate (cost at which banks borrow from one another) increased to 18.46% from 15.96% the week before. This increase can be attributed to the tightening of excess liquidity by the CBK…

The NSE 20 share index dropped 1.17% in Friday's trading, our Pesa Portfolio performed better, losing "only" 0.73% of its value. Crown Berger was our biggest gainer, up KES 2.25 while Uchumi dropped the ball, down KES 1.90. In the end, the portfolio closed KES 690 down.

Location determines so many things when it comes to buying land. Example: Accessibility to your place of work, your school or children’s school, accessibility to basic amenities, good road network and a host of many things. It makes no sense having your place of work in Thika and…