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Fifth Mobile Operator to Join the Market Soon

As posted in the Daily Nation this morning, a Vietnamese mobile operator, Viettel Group, has announced plans to start operations in Kenya. Viettel Group is a state owned mobile network operator with its headquarters in Hanoi, Vietnam. It started operations in Mozambique under Movitel on May 15, 2012.
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July's Inflation Rate, What We Think

What the team thinks will happen to inflation in the month of July.
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Stocks Watch

At today’s trading at the Nairobi Securities Exchange, we will be closely observing the following share counters: Diamond Trust Bank – The bank’s pre-tax profit for the six months to June this year increased 34 percent to 2.16 billion shillings from 1.62 billion shillings in the…
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Closing Bell – 30 July 2012

The NSE today saw a total of 29.38 million shares traded in 1,387 deals. Equity turnover was KES 359,997,035.00. Source: FILE HIGHEST VOLUMES Safaricom was the most traded share at the NSE for a fifth consecutive trading day, with 11.91 million shares…
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Stocks Watch

At today’s trading at the Nairobi Securities Exchange, we will be closely observing the following share counters: CIC Insurance Group – After tumbling on all consecutive days from their second day of trading since the shares were listed on the NSE one and a half weeks ago,…
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Instantly Rich: Three Fascinating Stories of People Who Got Rich Quick

A lot of us would like to become fabulously rich as quickly as possible, and work tirelessly in this pursuit with hopes that our hard work and determination will soon be rewarded with a commensurate fortune to enjoy. However, today’s world has demonstrated that great wealth needs not…
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Closing Bell – 27 July 2012

The NSE 20 Share Index today dropped for the first time since Wednesday last week, dropping 0.2 percent to close at 3,870.51 points from 3,878.52 yesterday. Meanwhile, the All Share Index also lost 0.03 percent to close at 84.32 points from 84.35 points yesterday.
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PesaPortfolio – 27 July 2012

Below is the value of the PesaPortfolio at the close of trading on Thursday 26th July 2012: The PesaPortfolio at the end of trading on Thursday 26th July 2012 At the close of trading yesterday, our PesaPortfolio had gained KES 122.50 to stand at KES…
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Manage Your Safaricom Line Online

Safaricom have launched an online customer care service dubbed Safaricom Self Care. It lets you monitor your phone’s billing history, how you accumulated and spent your bonga points, accessing your M-Pesa transaction dating back to three months, plus quick and easy access of customer care. All…
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Latest Showdown Sees Equity Bank Move Second Place to KCB

Yesterday’s half-year profit announcement by two of Kenya’s biggest banks saw Kenya Commercial Bank re-emerge as the country’s most profitable bank after posting 1 billion shillings more profit than Equity Bank which settled for second position after enjoying a brief period at the helm.
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