Mombasa Road Traffic to Come to an End
The World Bank has approved the KES 25 billion needed to fund local road and railway transport upgrade. This means getting stuck in traffic on Mombasa Road may soon be a thing of the past. As posted in the Standard, the National Urban Transport…
Kenya Power Open Day – Nandi Edition
Kenya Power invites you to attend its County Circuit, Nandi edition, to be held at Nandi Municipal Council Grounds, along Sosian River on Friday 10th August, 2012 from 8am to 5pm. The open day gives the general public an opportunity to engage Kenya Power staff in…
Orange Launches Wi-fi Modem
Orange Kenya has unveiled another high speed modem dubbed Domino. The Domino is a plug and play device with Wi-Fi transmission functionality. It can support up to five users within a radius of 20 metres and it runs on Orange’s 3G network. The modem is targeted to SMEs,…
Stocks Watch
Here are the shares we will be closely watching in today’s trading at the Nairobi Securities Exchange: British American Tobacco – Shares in the cigarette maker closed yesterday at their highest price in at least five years according to data from Bloomberg. They closed at…
Closing Bell – 8 August 2012
INDICES The NSE 20 Share Index today dropped by 0.34 points to settle at 3,815.10 points from 3,815.44 points yesterday while the All Share Index gained 0.22 percent to 83.64 points from 83.46 points yesterday. HIGHEST VOLUMES Equity Bank…
Nation Media Businesses Post Financial Growth
The majority of Nation Media Group’s business divisions have posted financial growth in the six months to June this year as noted in the media conglomerate’s half-year financial results announced during an investor briefing held this afternoon. Nation’s official unaudited statements show that the…
Scangroup Half-Year Earnings Grow as Share Trades High
Africa’s leading marketing services group has posted an 11 percent growth in pre-tax profit for the first six months of this year to 578.4 million shillings up from 520.9 million shillings last year as the group’s shares trade in their highest range since 2010. According…
New Money Transfer Platform to Join the Market Soon
In addition to M-Pesa, Airtel Money, Orange Money and Yu Cash, Barclays Bank of Kenya (BBK) will at the end of this month launch a new mobile banking platform. As posted in the Business Daily, the new platform seeks to compete with money transfer services operated…
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Zuku to Expand Coverage To Other Parts of Nairobi
Zuku has announced plans to expand its coverage into Eastern and Northern parts of Nairobi. Announcing the new Zuku packages, Zuku Triple Play Managing Director Kamande Muiruri said, “Starting this August we are planning to roll-out our cable connection in Eastern part of Nairobi. This will…
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