Forex Trail – 11 May 2012
Below is the performance of the Kenyan Shilling against major world and regional currencies as compared to the day before: Currency US Dollars Sterling Pounds Euro SA Rand KES/USHS KES/TSHS KES/RWF Date 09/05/2012 83.2831 134.7159 108.5593 10.6367 29.7781 18.9835 7.2345 10/05/2012 83.3972 134.6141 108.0031 10.4418 29.8572 18.8856 7.2247 As we…
Looking For a Sweet Share To Buy? Try Mumias.
The Mumias Sugar Company stock is a very interesting one, no offence to the Kenya Orchards share (see Kenya Orchards’ 2011 results here). The share has been pretty active lately. Interestingly, the share picked up steam at the Nairobi Securities Exchange right after the company announced…
Boda Boda to Pay Taxes
Cooperative Development and Marketing minister Joseph Nyagah, says his ministry is developing a law that would see motorcycle taxis, commonly known as boda boda pay taxes. (Daily Nation) In a bid to control the fast growing division of public transport, the minister says they are proposing…
Closing Bell – 10 May 2012
Gainers Price (KES) Change (%) Unga Group 12.10 10.00 Marshalls E.A Limited 13.50 7.14 Uchumi Supermarkets Limited 15.50 3.33 Standard Group Limited 24.00 3.23 Eveready East Africa 1.65 3.13 Losers Price (KES) Change (%) AccessKenya Group 4.35 9.38 Total Kenya Limited 14.60 2.67 Equity Bank 20.00 2.44 Standard Chartered Bank…
Where Do You Turn To When The Taps Run Dry?
Be prepared to dig deeper into your pocket as taps run dry for five days. This comes after the supply pipe from Sasuma Dam got damaged last night following the heavy rains that have been encountered lately. Click here for a list of affected…
Heavy Rains Cut Down Electricity Bills
You will pay lower power bills this month and a couple of the next if the weatherman’s predictions are anything to go by. The heavy rains have filled four power generating dams to capacity and the fifth dam is expected to spill in a weeks time if the rain intensity…
Results of Yesterday's CBK Auction
Yesterday the Central Bank of Kenya (CBK) auctioned 182 day and 364 day Treasury bills worth KES 4 billion. For the shorter dated bill the bank received 145 bids amounting to KES 4.6 billion which represents a subscription of 232%. For the one year bill, the bank received 126 bids…
The Safaricom's 2011/2012 Results
Safaricom's 2011/2012 Profits - It's Going Down.
Profits dropped 4% to KES 12.63 billion.
The firm spent 26 billion in capital expenditures, the same they spent on operating expenditures like advertising.
Updated List of Places Affected by Water Shortage
Nairobi residents will go for 5 days(update: 2 weeks) without water after the water supply pipe from Sasuma Dam was damaged following the heavy rains that have been encountered lately. Areas affected by water shortage include: Karen Lavington Westlands Parklands Spring Valley Kitusuru Loresho…
Forex Trail – 10 May 2012
The Kenya Shilling lost some ground against the US $ yesterday. It however recorded gains against the Euro, the SA Rand and the Queen's currency.
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