Safaricom Ltd (SCOM) Recently Bob Collymore, Safaricom’s Chief Executive Officer announced a dividend of KES 0.20/share after the he announced SCOM’s KES 18.4 billion in profit before tax for the 2010/2011 financial year.
When you are under a lot of debts and you wish to get out of the situation, then you may do so with the help of debt solutions. If you have a lot of debts that you are having difficulty paying towards, then you may opt for debt…
When Airtel played the Bendover song in front of Safaricom House around September last year (if my memory services me right) Safaricom’s share price was well above the IPO price, as i write the share price seats well below its IPO price taking a beating from the intense price wars…
I am currently working my brain through writing a manual on Collateral, Debt and Portfolio Management. Something I tasked myself with when I was given a thirty days sick off for the second time in four months a couple weeks ago. Commercial Debt Management as such is one aspect I…
Since I track the Nairobi Stock Exchange closely most of my friends and family constantly ask me; ‘which stock is hot? , where can I double my money fast? , Financials or industrials. I usually have one response prepared for these type of queries – that depends. I am…
You may be wondering why we have put this up on a personal finance site. Truth is we all need food, we also need to cheaper and innovative find ways of producing food. The cost of living is directly affected by what we pay for food and the sooner we…
In my opinion, Kenya Commercial Bank (KCB), is one of the most undervalued banking stocks trading at the Nairobi Stock Exchange. After announcing a 50% jump in Earnings per Share (KES 2.76 versus 1.84) for the year ending 31st December, the audited results indicated that total assets had hit…
1. Know Yourself Every individual and institutional investor is different. This matters a lot in terms of needs and objectives and constraints of the investor, in finance, it’s called an Investment Policy statement (IPS). The IPS is more or less a guide on the whole investment process. 2. Know the…
The government has a social duty and mandate to provide things such as roads, hospitals, schools, national defence, pay its administrative expenses and improve the general welfare of citizens. More often than not, the money the government receives from taxes is not enough to cover spending. In such circumstances,…
I had a consultation with a client recently. He was extremely proud of his achievements and informed me that over the past three years he had invested and accumulated assets. He was convinced that he was well on the way to wealth creation. When I prodded further about what…