The Central Bank of Kenya (CBK) monetary measures continue to show desirable results as inflation is on a continued decline. Inflation rates for June 2012, posted by Kenya National Bureau of statistics (KNBS), stand at 10.05 per cent, down from 12.22 per cent in May 2012, a clear…

It is everyone’s dream to own a house of their own, though with the ever increasing development costs and the rise in mortgage interest rates, such dreams are fast fading away. Well, don’t despair, your dreams of owning a dream home might still be achievable, that’s…

The 2012/2013 budget has allocated KES 12.3 billion to the Health sector. The allocation is expected to go towards Employment of 5,200 health workers among them, 715 doctors Improving immunization coverage for children and reducing morbidity and mortality from malaria HIV/AIDs, tuberculosis and non-communicable diseases (NCDS)…

For the longest time, leaving a last will and testament has been regard as a complex affair that is reserved for the wealthy. In essence, provided you have some property to you name, you should write a will. It is also important to note that writing a will…

A few tidbits from the 2012/2013 budget reading in parliament.

According the Safaricom customer care Twitter page, M-Pesa is currently experiencing intermittent delays   We are experiencing intermittent delays on the M-PESA service. Our teams are working on resolution. Inconvenience highly regretted — Safaricom Limited (@SafaricomLtd) June 13, 2012  …

When Kenya Power (KP) introduced pre-paid meters its consumers anticipated relief given the many problems associated with post-paid meters. The Post-Paid system had been blamed for not returning account deposits, consumers having no control over their consumption, unpleasant disconnection, high reconnection fees, corruption during…

The top 5 moving shares on the Nairobi Securities Exchange closed unmoved with their prices staying as they were yesterday.

Below is a table showing the performance of the Kenya Shilling against major international currencies as well as the currencies of our neighbouring countries in the last two sessions, Tuesday 5 and Wednesday 6 May 2012. Currency US Dollars Euro Sterling Pounds SA Rand KES/USHS KES/TSHS KES/RWF Date 05/06/2012 86.1167…

The Government last week announced that it has reduced its maize importation projections from 300,000 bags (Estimated to cost KES 1 billion) to 100,000 bags. This will significantly reduce government expenditure for the next couple of months, plus ease maize prices. We have compiled some potential…