Abacus Image Placeholder
Closing Bell: Britam takes the lead as Top Gainer While Umeme Declines

British- American Investments makes a remarkable turnaround in its performance today. It has greatly improved from the worst performing share to the best performing share as the market came to a close today. Britam ended the day at KES 22.25 having gained 9.88% (KES 2.00) in its share price. Umeme took the lead as beingRead more

8 Things You Should Know This Morning

1. 8 Presidential Aspirants So Far Cleared by IEBC It is now official — Kenyans will have eight names from which to pick their fourth President on March 4.  This follows the clearance Wednesday by the national electoral body of more candidates, including Mr Raila Odinga of the Coalition for Reforms and Democracy and MrRead more

It's Okay, Let's Have Miraa – UK

Miraa (Khat) farmers and traders have a reason to feel relieved now after the United Kingdom Advisory Council on the misuse of drugs rejected requests to ban importation of Miraa in the UK. The UK council found out that there was no evidence that Miraa had any health effects as the Dutch parliamentarians had earlier said.

Hunters Become the Hunted: KES 6.6 Million Drone to Combat Poaching

The Ole Pejeta Conservancy has just raised KES 6.6 million to buy a UAV Drone in a bid to combat poaching in some parts of the country. The award-winning sanctuary (Conservancy of the Year, 2012) has announced that, starting March, 2013, they will deploy a drone that will be able to cover 90,000 acres of land within the conservancy.

8 Things You Should Know This Morning

The Kenya National Union of Teachers (KNUT) is demanding for payment and Kenya seeks payment for its military contribution to the AU mission in Somalia. All this and more on “8 Things You Should Know This Morning”.

Diaspora Remittances Grow 31.4% in 2012

Cash inflows from abroad have grown 31.4% from USD 891.1 million in 2011 to USD 1.2 billionin the full year of 2012. In the month of December 2012, remittances to Kenya grew by 24% and 8.4% to USD 105.7 million compared to USD 85.2 million and USD 97.5 million recorded in December 2011 and November, 2012 respectively.

KQ Receives 6th Fully-Owned E-Jet

Kenya Airways targets increasing its fleet to 119 by 2021; while growing the number of destinations to over 115 from the over 50 that it currently flies to.