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Stocks Watch, 27 April 2012

A look at the stocks to watch in the day's trading
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Forex Trail

Below is a table comparing the movements of the Kenya shilling against the major world currencies and the currencies of our neighbouring countries over the last two days: Currency US Dollars Sterling Pounds Euro SA Rand KES/USHS KES/TSHS KES/RWF Date 25/04/2012    83.2531            134.3929   109.8259    10.6812    …
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Kenya Airways Rights Issue Closes Today

The highly publicised and anticipated Kenya Airways rights issued closes today. The issue opened on 2nd April 2012, ran for 3 weeks and closes today. A rights issue is an issue of additional shares by a company to raise additional capital. The current shareholders (prior to the rights issue) are…
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Ways of Cutting Down Your Electricity Bill

Complaints of high electricity bills are a frequent thing these days and as Kenya Power continues to roll out the installation of Prepaid electricity meters, these complaints are bound to increase. Below are a few do’s and don’t that might help reduce your electricity bill: As temperatures continue…
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Zuku to Launch New Channels and Programs

Zuku is to launch new programs and channels in a move aimed at consolidating market position by attracting new subscriptions. The new channels to be launched include: Zuku Swahili movies: A first Kisiwahili Movie channel in the Zuku bouquet. New programs to…
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Closing Bell 26-04-2012

Gainers Price (KES) Change (%) Car &General Limited Kenya 29.00 6.42% NIC Bank Limited 30.25 3.42% Eveready East Africa Limited 1.65 3.13% TPS Eastern Africa (Serena) Limited 46.00 2.22% Total Kenya Limited 16.10 1.90% Losers Price Change CFC Stanbic Holdings Limited 41.25 4.62% Olympia Capital Holdings Limited 3.50 4.11% KenGen…
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Bank Awards for 2011

Equity Bank emerged as the best bank in Kenya for the year 2011. This was announced at the Banking Survey Awards. Consolidated bank was voted as the best bank in Technology use with Chase Bank being voted as the fastest growing bank. Here is a list of the awards. The Best…
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Counterfeit Phones Live up to August, says CCK

Barely a week after the Communications Commission of Kenya postponing the shutting down of fake mobile phones indefinitely, the information industry regulator has set August as D-day for the exercise. CCK had postponed for the time exercise citing lack of a conclusive database that would help carry out the…
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Crown Berger Profits Up 41%

Crown Berger Kenya Limited has released its financial results for the year ended 31st December 2011. The firm, a recipient of ISO 9001: 2008 certification and a Superbrand status holder reported a 41.11% increase in net profits for the year ended 31st December 2011. Sales…
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Forex Trail

Below is a table comparing the movements of the Kenya shilling against the major world currencies and the currencies of our neighbouring countries over the last two days: CURRENCY Date US Dollar Sterling Pound Euro SA Rand KESUSHS KESTSHS KESRWF Tuesday 24th April 2012 83.2293 134.1512…
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