Gainers Price(Ksh) Change(%) Car and General (K) Ltd 25.00 +6.38 Pan Africa Insurance Holdings Ltd 27.50 +5.77 Rea Vipingo Plantations Ltd 15.70 +3.63 Centum Investment Co Ltd 14.10 +2.92 Williamson Tea Kenya Ltd 235.00 +2.17 Losers Price(Ksh) Change(%) Athi River Mining 160.00 -5.88 Jubilee Holdings Ltd 171.00 -3.39 CFC Insurance…

NIC Bank Limited has announced its financial results for the year ended 31st December 2011. The bank’s profit before tax has increased 39.078% from Kshs. 2,416,342,000 in the year 2010 to Kshs. 3,360,602,000 in 2011. The company’s total assets grew by Kshs. 18,805,389,000 to close the year at…

The interbank rate, the cost at which commercial banks borrow from each other, has fallen to almost the same level as the Central Bank Rate (CBR). The CBR is the rate at which commercial banks borrow from the Central Bank. Last week, the Monetary Policy Committee (MPC) decided to keep…

In Kenya there exist two types of government securities; bills and bonds. These are both debt instruments but they vary in certain aspects. A Treasury Bill is a short term debt obligation issued by the government. In Kenya there are three types:  the 91 day T-Bill, 182 day T-Bill and…

A series of seven fantasy books and eight films based on the Harry Potter novels by British novelist Joanne Rowling, commonly referred to as J.K. Rowling. The books have gained the attention of children and adults worldwide for the better part of a decade, won multiple awards, sold over 400…

A young Briton splashed out over £200,000 (Kshs. 26,439,380) on drinks at a Liverpool nightclub, breaking the world record for the highest bill ever paid in a club. 23-year-old Alex Hope spent £125,000 on a 30-litre Midas bottle of Armand de Brignac, known as Ace of Spades – the world’s…

The Central Bank of Kenya (CBK)will start monitoring mobile money transaction in its quest to fight cyber crime related cases. Although there haven’t been many reported hacking cases in the current money transfer platforms, there is a growing need to secure the platforms due to the growing use…

Gainers Price      Change Kapchorua Tea Company 120.00 5.26% Pan Africa Insurance Holdings 26.00 4.00% Eveready East Africa Limited 1.55 3.33% Uchumi Supermarket Limited 12.80 2.81% Kakuzi Limited 82.00 2.50% Losers Price       Change Express Limited 4.00 9.09% Eaagads Limited 31.00 8.82% TPS Serena Limited 46.00 6.12% Rea Vipingo Plantations…

Standard Group limited has reported a 12% drop in profits from a profit of Kshs. 249.239 million it posted for the period ended 31st December 2010 to Kshs. 219.298 million it posted for a similar period last year. In the financial reports posted on the NSE website the group said…

In the recent past, Kenya has witnessed a growth spurt of housing estate developments, from Edenville, Edenville Two, Tatu City, Migaa, Sahara Ridge, One Red Hill, Kihingo Village, Fourways Junction, Vipingo Ridge, Konza, the “city of dreams,” to the hundreds of apartments…