The CBK is currently offering you the opp to invest in a 5-year fixed coupon bond. Considering the interest rates of late, the bond is worth considering.
Kenyans have for the longest time been victims of exploitative property owners who hike rent whenever they like with no regard, what-so-ever, to their tenants. There have been attempts to safeguard tenants from such exploitative landlords, but these attempts have been frustrated by the procedures entailed…
Kenyans in the diaspora remitted over KES 8 billion in the month of March 2012. This is 49% more than the money remitted in March 2011. Indeed, Kenyans abroad seem to be doing quite well.
Below is a table of the movements between the Kenya shilling and other major international and regional currencies over the last two trading sessions (Thursday 10th May 2012 and Friday 11th May 2012): Currency Date US Dollar Sterling Pound Euro SA Rand KESUSHS KESTSHS KESRWF Thursday 10 May 2012…
At the close of trading last week the NSE 20-share index stood at 3,599.33 points up from 3,589.43 points the day before. The NSE All-share index also rose from 78.36 on Thursday to 78.46 on Friday. The increase in these indices is characteristic of end of week trading as investors…
The recent move by the Tax-man to tighten his grip on defiant landlords who have been evading property taxes will see rent increased as landlords pass on this additional costs to their tenants. Click here to read more on…
10 million shillings is many things. Food for entire villages, schoolfees for entire communities, brand new Mercs. 10 million is also the price of one class A share in Berkshire Hathaway, Warren Buffet's company.
From tomorrow we at the pesatalk will be taking you, our beloved reader, through the investing process in an interactive and understandable way. We’ve dubbed this PesaPortfolio. We believe that when talking about money and where to invest it, it would be even more useful if you could be…
Imagine having to give your Landlord three months notice before you can vacate a house. Well, this will be the case when the Landlord and Tenant Bill, which is yet to be discussed by cabinet, is passed. Finding that ideal house to rent today…
According the Central Bank of Kenya’s (CBK) website as at the close of business on Thursday, the various interest rates in the economy are as follows: Rate % Date Inflation 13.06 Apr-12 Central Bank Rate 18 04-Apr-12 T-Bills (91) 15.93 23-Apr-12 T-Bills (182) 14.775 07-May-12 T-Bills (364) 16.915 09-Apr-12 Interbank…