Safaricom releases its full-year results tomorrow. KES 13 billion in net profits? Not likely. Most people would rather spend more on food than buy airtime, that is the problem Safaricom had to deal with last year with the rise in inflation.

According to the Business Daily, KenolKobil may be delisted from the Nairobi Stock Exchange (NSE) should the deal to sell majority shareholding in the company to firm Puma Energy succeed. Yesterday the firm released a cautionary statement announcing to its shareholders and the general public that the key shareholders…

The highly publicised Kenya Airways rights issue closed a week and a half ago. For keen investors it would be worthwhile to note the trend the share has been following over this duration. If we consider the performance of the counter before, during and after the rights issue we observe…

Below is a summary how the Kenya shilling traded against major global and regional currencies: Currency US Dollars Sterling Pounds Euro SA Rand KES/USHS KES/TSHS KES/RWF Date 07/05/2012 83.2703 134.8059 108.171 10.5687 29.5425 19.0225 7.2356 08/05/2012 83.2831 134.7159 108.5593 10.6367 29.7781 18.9835 7.2345 As we can see from the table…

Limuru Tea yesterday increased 2.5%...that is equivalent to KES 10. Here's what to expect in today's trading at the NSE.

Gainers Price Change Trans-Century Limited 26.50 8.16% Athi River Mining 197.00 4.79% Unga Group 11.00 4.76% Kenya Reinsurance 11.00 4.76% Olympia Capital Holdings 3.60 2.86% Losers Price Change Crown Berger Limited 24.75 9.17% Kapchorua Tea Company 115.00 4.96% Safaricom Limited 3.40 2.86% TPS (Serena) Eastern Africa Limited 45.00 2.17%…

Barclays Bank of Kenya was one of today’s big movers with 4.799 million shares exchanging hands in the session.

Mobile operator Safaricom is set to announce its full year financial results for 2011/2012 on Thursday. The largest mobile operator in Kenya has in the recent past been experiencing drops in its profit. For the half year 2011/2012, Safaricom realized drops in profits to Shs. 4.01 billion…

KenolKobil makes only 66bob every time you spend 4000 on your car fueling. No wonder They're on sale

It is everyone’s dream to one day own a piece of land somewhere and as land prices increase, such dreams slowly die. Well, you can still hold on to your dreams of owning land in Nairobi, better still, at a fraction of the price. I stumbled…