Below is a table depicting the movements of the Kenya shilling against the major world currencies, and the currencies of our neighbouring countries:   CURRENCY DATE US $ Sterling Pound Euro SA Rand KES/USHS KES/TSHS KES/RWF Monday 23/04/2012 83.2178 134.1262 109.7653 10.63 30.1619…

Gainers Price (KES) Change (%) Kenya Reinsurance Corporation 9.30 16.25 CFC Stanbic Holdings 43.50 6.10 KenGen Limited 8.95 5.92 Trans-Century Limited 24.75 5.32 Olympia Capital Holdings Limited 3.65 4.29 Losers Price (KES) Change (%) Mumias Sugar Company 5.70 9.52 Standard Group Limited 22.50 4.26 Rea Vipingo Plantations Limited 15.25 1.61…

The Kenya Revenue Authority could soon be taxing all transactions you make on your mobile money account, the tax man has announced. Speaking while releasing the KRA’s third quarter revenue performance Commissioner General John Njiraini said they were considering taxing the transactions to increase their…

The NSE 20-share closed last week at 3,571.20 points, 16.74 points up from Friday’s. The NSE all-share index closed at 77.20 points, up 0.48 points. These gains follow the trend set last week where both indices consistently gained over the entire course of the week. The shares to watch today…

Below is a table showing how the Kenya shilling fared against other major foreign currencies yesterday compared to last Friday: CURRENCY DATE US Dollar Sterling Pound Euro SA Rand KESUSHS KESTSHS KESRWF Friday 20th  April 2012 83.1969 133.6227 109.3992 10.5841 30.1695 19.0513…

Policy holders at CIC Insurance have lost their investment to the tunes of Shs 100m to a suspected fraudulent scheme connected to agents at the firm. The affected were introduced to ‘Mavuno’, a unit-linked investment plan that was allegedly supposed to yield returns of between 7% and 10% a month.

According to Reuters, the Kenyan shilling has held steady against the dollar on Monday.  The shilling may however weaken as the end of the month approaches as imports could put downward pressure on the shilling. The main imports expected are oil and oil products. What does this mean to…

Gainers Price        Change Crown Berger Limited 27.50 8.91% KenGen Limited 8.45 5.63% Scangroup Limited 51.50 5.10% East Africa Cables Limited 11.30 3.67% AccessKenya Group Limited 4.45 3.49% Losers Price        Change Pan Africa Insurace Holdings Limited 28.00 5.88% Kapchorua Tea Company Limited 115.00 4.96% Eveready East Africa Limited 1.65 2.94%…

KenyaRe's profits are up 24%

Standard Chartered Bank is one of the world’s major banks, having been listed on the London, Hong Kong and Mumbai stock exchanges as well as our very own Nairobi Securities Exchange. The bank opened its Kenyan branches in 1911 as the first foreign-owned bank and a hundred years…