They say cheap is expensive, and nothing good comes easy. A good education is an important and an inevitable pathway to a successful and fulfilling life. Higher education is becoming an expensive affair each day as the economy worsens and in the people’s quest to get the best, one is…
Kenya’s year-on-year inflation rate which has fallen for four consecutive months from a high of 20% in November to 15.61% in March has fallen once again in the month of April to 13.06%. This significant drop can be attributed to lower food prices observed during the month. The increase in…
Gainers Price (KES) Change (%) KenGen Limited 8.40 5.00 Bamburi Cement Limited 150.00 2.74 AccessKenya Group 4.75 2.15 The Co-operative Bank of Kenya 13.80 1.85 British American Tobacco Kenya Limited 325.00 1.5 Losers Price (KES) Change (%) Total Kenya Limited 15.20 7.88 Housing Finance Company Limited 14.50 2.36 Sameer Africa…
The Central Bank of Kenya last week had two sales, one for 91-day treasury bills and the other for 182-day treasury bills. The 182-day treasury bills on offer amounted to KES 2 billion shillings and the CBK received 125 bids (122 bids accepted) amounting to KES 2.74 billion,…
Several premium global hotel and tourism giants have confirmed their participation in the forthcoming Africa Hotel Investment Forum to be held in Nairobi. The more than one dozen hotel chains will be hosted in Nairobi this September by the Kenya Tourist Development Corporation (KTDC) which is the 2012 host partner…
The shares to watch today include: Kenya Airways: The Kenya Airways rights issue closed on Friday last week and it would be worthwhile to observe how the share performs in the aftermath of the issue. Crown Berger: last week the share was consistently one of the highest gainers. It will…
Safaricom’s unlimited data plan is to be discontinued with effect from midnight, 30th April 2012. This comes after Safaricom CEO, Bob Collymore expressed concern over “misuse” of the service by subscribers. Customers who use the service can still buy the unlimited data bundles until midnight, 30th April and…