Stocks Watch
In today’s trading at the Nairobi Securities Exchange, we will be closely observing the following share counters: ScanGroup – The advertising group has announced its 2012 half year results. Pre-tax profit has gained 11 percent to 578.4 million shillings from 520.9 million shillings in the same…
Closing Bell – 7 August 2012
INDICES The NSE 20 Share Index today dropped 0.39 percent to 3,815.44 points from 3,830.24 points yesterday while the All Share Index gained 0.23 percent to 83.46 points from 83.27 points yesterday. HIGHEST VOLUMES Safaricom was the most traded…
Zuku Doubles its Bandwidth Speeds
Zuku has introduced new packages, dubbed Basic/R1, Premium/R8 and Premium/R20. Basic/R1 offers: Basic TV – 70 Channels 39 Audio channels Residential 1 Mbps Internet Phone All of the above for KES 2,999 Premium/R8 offers: Basic TV – 87 39 audio channels…
CMA Report Reveals Allegations on CMC Directors
A report released by the Capital Markets Authority (CMA) yesterday has revealed the extent of the allegations by the regulator against former directors of CMC Holdings Ltd, the publicly listed motor dealer. In the report prepared by the Board of the CMA,…
Orange Mobile Ramadhan Special
It may be a little late, but Orange mobile is running a promotion for the Ramadhan period. Make international calls to USA, China, Canada, India and UK Fixed line for KES 2.50 per minute. International calls to the Middle East and Somalia Link are bill at…
Barclays Half-Year Earnings Grow 18 Percent
Barclays Bank Kenya has today announced an 18 percent increase in pre-tax profit to 6.3 billion shillings for the six months to June this year up from 5.3 billion shillings last year according to an official press release. Total income grew 10 percent in…
Stocks Watch
In today’s trading at the Nairobi Securities Exchange, we will be closely observing the following share counters: Barclays Bank – The bank is expected to announce its half-year financial results today. These are highly anticipated as Barclays is one of the top banks in Kenya according…
Closing Bell – 6 August 2012
INDICES After declining for five consecutive days, the NSE 20 Share Index today gained 0.13 percent to close at 3,830.24 points from 3,825.08 points on Friday last week. Meanwhile the All Share Index gained 0.35 percent to close at 83.27 points from 82.98 points at the…
KNH Embraces IT
Kenyatta International Hospital (KNH) ICT plan is set to be officially launched on 14th August 2012 at a stakeholder’s breakfast meeting. A set of 70 ICT projects, costing approximately KES 2.3 Billion to KES 3 billion, have been identified in the plan and will be implemented…
VAT Bill Review Forum
The Institute of Certified Public Accountants of Kenya (ICPAK) has organized a VAT Bill Review Forum for members of the Institution and the public to discuss the possible impact of the Bill in its current form. The VAT Bill 2012 objective is to…
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