Below is a comparison of the performance of the Kenya shilling against major global and regional currencies over the last two trading periods; Tuesday 22nd and Monday 21st May 2012: Currency US Dollars Sterling Pounds Euro SA Rand KES/USHS KES/TSHS KES/RWF Date 21/05/2012 84.4639 133.8243 108.1141 10.2041 29.2679 18.7433 7.125…

A snapshot of some of the shares we are watching today. EABL increased a moderate 1.85% in yesterday's trading, representing a shilling-gain of KES 4. The share is KES 1 shy of the 52-week high.

Barclays Bank, KCB and Kenya Re all had to go. They were losing the portfolio too much money. We however increased our holdings in Uchumi and Crown Berger as they seem prime to make us some good returns.

The latest Hass Index report on neighbourhood rents and property prices at the end of 2011 revealed Eastlands as an upcoming investment area as land and property prices appreciated in value. This is in sharp contrast to upmarket areas that are experiencing a decline in both rental prices…

At the close of trading yesterday the company’s share had fallen for the second day in a row recording a drop of 5.7% to close at KES 12.35. On Friday the share reported a loss of 0.8% to close at KES 13.10 per share. This is…

Gainers Price (KES) Change (%) Olympia Capital Holdings Limited 3.90 5.41 CFC Insurance Holdings 8.00 4.58 Mumias Sugar Company 5.90 4.42 Uchumi Supermarkets 19.05 2.97 Eveready East Africa 1.80 2.86 Losers Price (KES) Change (%) Express Limited 3.40 8.11 KCB Limited 22.25 5.32 CFC Stanbic Holdings 41.75 5.11 Barclays Bank…

“Money frees you from doing things you dislike. Since I dislike doing nearly everything, money is handy”- Groucho Marx Having a financial plan is a sure avenue towards attaining financial freedom, but having a balanced financial plan is more important that having a mere financial plan.

The Interbank Rate According to the Central Bank of Kenya’s weekly report the interbank rate, the cost at which commercial banks borrow from one another, decreased to 15.96% during the week ending May 18, 2012 from 16.35% in the previous week. The average number of borrowing…

Below is a look at the Pesa Portolio after yesterday’s trading at the Nairobi Securities Exchange. Price (KES) Portfolio Value (KES) Share Market Segment Units Latest price Previous Price Current value Previous Value Mumias Sugar Company Manufacturing and allied    2,700                5.65…

A survey by Forbes Magazine of the richest people in Africa ranked Deputy Prime Minister Uhuru Kenyatta 26th with a net worth of $500 million, approximately KES 42,480,000,000. Business tycoon Chris Kirubi was ranked 31 with a net worth of $300 million, approximately KES 25,488,000,000. So,…