As at the close of trading at the NSE yesterday, the NSE 20 share index was down by a very marginal 13.25 points compared to Tuesday, closing at 3,585.93 points up from Tuesday’s 3,599.18. The NSE all-share index maintained its previous position t close at 78.09. The NSE…

Customers outside a Safaricom Shop (Photo: Nigeria News) Mobile operator Safaricom has plans in place to launch an online store that will be a unified online version of the Safaricom Shops. The online store will be a more convenient platform for accessing merchandise that is available…

A snippet of the goings-on at the NSE today.

Contributors to the National Hospital Insurance Fund (NHIF) will continue making contributions of Kshs. 320 for up to three months after the fund suspended its quest to implement a new tariff. Suspension of the tariff comes weeks after the Central Organization of Trade Unions…

According to the Business Daily, KenolKobil may be delisted from the Nairobi Stock Exchange (NSE) should the deal to sell majority shareholding in the company to firm Puma Energy succeed. Yesterday the firm released a cautionary statement announcing to its shareholders and the general public that the key shareholders…

In the recent days, borrowers have not only been subjected to high interest loans, but the conditions for borrowing and repayment histories of the borrowers is the new nightmare. Lenders have greatly embraced credit sharing information which has seen a great decline in the amount of bad debts. The information…

Below is a summary how the Kenya shilling traded against major global and regional currencies: Currency US Dollars Sterling Pounds Euro SA Rand KES/USHS KES/TSHS KES/RWF Date 07/05/2012 83.2703 134.8059 108.171 10.5687 29.5425 19.0225 7.2356 08/05/2012 83.2831 134.7159 108.5593 10.6367 29.7781 18.9835 7.2345 As we can see from the table…

Limuru Tea yesterday increased 2.5%...that is equivalent to KES 10. Here's what to expect in today's trading at the NSE.

Nairobi Water Company‘s mission is to ensure reliability and excellence in provision of water and sewerage services in the city. While I cannot vouch for them when it comes to sewerage services, I can definitely do so in regards to water provision services. I am a…

World Bank’s private investment arm has entered into a partnership with a credit card company to help extend financial services to low-income earners. The International Finance Corporation (IFC) and the MasterCard Foundation on Monday signed a $37.4 million deal to help micro-finance institutions…