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Forex Trail – 15 May 2012

Below is a table of the movements between the Kenya shilling and other major international and regional currencies over the last two trading sessions (Friday 11th May 2012 and Monday 14th May 2012 based on the indicative rates published on the Central Bank of Kenya’s Website): Currency…
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Will Your Tap Be Running Today?

Are you a resident of Ngong Road, Kibera or Wilson Airport environs? Well, you are in luck today because your taps will be flowing with water as of 11.00 am. Below are other areas in upper zones of Nairobi that are expected to have water today: Data sourced from…
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Move to Digital TV Signal Postponed, Again

The plan to move from analogue TV to digital broadcasting has been postponed again until 2013 by the Communications Commission of Kenya (CCK). Francis Wangusi, Director General CCK commented that digital transmission would not be possible for now, and again not all Kenyans would be able to…
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Super Petrol Goes up Again

The energy industry regulator Energy Regulatory Commission (ERC) has announced new fuel prices for the month. The regulator gives new monthly rates that govern the pump prices for the next month. The new prices are not any good news for motorists as Super petrol has gown up.
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Water Rationing Schedule

Areas in Nairobi affected by disruption in water supply following damage on the water supply pipe from Sasuma Dam will now experience water rationing for the next two weeks. The water distribution schedule is as follows: Data sourced from Nairobi Water Data sourced at…
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To Pay or Not to Pay Interns?

Earlier this morning, there was a discussion on twitter, orchestrated by Robert Alai. Robert was calling out companies to start respecting interns work and pay them for the services rendered. Here are some of the observations we thought we should share. We would love to hear what you think on…
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Stocks Watch – 14 May 2012

At the close of trading last week the NSE 20-share index stood at 3,599.33 points up from 3,589.43 points the day before. The NSE All-share index also rose from 78.36 on Thursday to 78.46 on Friday. The increase in these indices is characteristic of end of week trading as investors…
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National ID Replacement Levy Could be Dropped

The government is contemplating removal of the Shs. 200 levy on replacement National Identification Cards (IDs). Speaking at a rally in Kakamega County, Immigration assistant minister Francis Baya instructed all chiefs and assistant chiefs to urge eligible youth to start the process of acquiring IDs. The Shs. 200 levy and the…
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Taps To Run Dry For 2 Weeks

Nairobi Water Company has announced that the water shortage caused by damage on a supply pipe from Sasuma Dam will take two weeks to repair, and that normal water supply will therefore resume in about two weeks. Areas worst hit by the water shortage…
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Deloitte Launches Budget Championship

Deloitte in East Africa has launched the East Africa Deloitte Budget Championship. For the 2nd year running, the professional services firm is conducting the budget championship whereby participants will compose essays themed on “strategic forward thinking and providing innovative solutions” answering the question: If you were a CEO…
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