The Central Bank of Kenya yesterday auctioned 91 day and 182 day Treasury bills worth KES 7 billion. The 91 day T-bill received a subscription of 67% representing bids worth KES 2.7 billion while the 182 day T-bill received bids worth KES 5.3 billion representing a…

“To add outstanding value to our clients and shareholders and have fun doing it.” That is one Kenyan multi-billion shilling company’s mission, to add value to clients. The firm has indeed done that and has the financial success to prove it. Scangroup Limited recently announced its financial results for the…

At the close of business yesterday the NSE All Share index had moved up 0.56 points (0.75%) to close at 75.49 points while the NSE 20-share index moved 20.85 points to close at 3489.24points (0.81%). Safaricom Limited was yesterday’s biggest mover with 34.22 million shares being traded in the session…

Below is a summary of how the Kenya shilling performed against major global and regional currencies as at the close of business on Wednesday as compared to Tuesday: Currency US Dollars Sterling Pounds Euro SA Rand KES/USHS KES/TSHS KES/RWF Date 17/04/2012 83.15 131.9187 108.95 10.4478 30.0663 19.062 7.2942 18/04/2012 83.138…

Related to: Integration, What does it mean? Economic integration refers to the process of unification of economic policies through the removal of trade tariffs. This is meant to ensure the free movement of people, goods, services, and capital, enact and maintain common policies on trade,agriculture and regional development and…

A summary of the day's NSE and Exchange Rate activity.

Educating children is probably the second most expensive item on a family’s list of inevitable things after food and shelter. The cost of taking children through an education right after their birth is a consuming factor that many people have never put into consideration. Right from the time the little…

Expect inflation to rise during the election period as politicians pour money into the economy. Campaign insiders predict that political parties targeting not only the presidential seat but also senate and parliamentarian positions for their candidates will spend up to about $100 million to $150 million…

ScanGroup Limited,  Africa’s leading marketing services company has released its financial results for the year ended 31st December 2011. The company’s profit before tax increased by 52.68% from KES 838,396,000 in 2010 to KES 1,280,100,000 in 2011. The company’s operating expenses increased by 49.36% from KES 1,685,377,000 to…

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