BRITAK TANKS: Reports a Loss In 2011
The British American Investments Company Limited announced its audited financial statements for the year ended 31st December 2011 on Wednesday 21st March. The company reported a net loss of Kshs. 1,957,305,000 in the financial period ended 31st December 2011. In the previous period ending 31st December 2010, the company…
Where Do You Get Your Gas? It might Just be Illegal
The Energy Regulatory Commission (ERC) in conjunction with the Police conducted a joint raid with the police in several outlets in Nairobi’s Industrial Area where they confiscated over 150 assorted LPG cylinders of various brands from illegal depots. ERC says it has stepped up…
Nairobi Residents To Pay More For Water Starting July
An extra blanket is not the only thing you will require this July. You might need to put some more money in your monthly budget for Nairobi City Water and Sewerage Company. Word is that the water company is going to revise not just the tariffs, but also the monthly…
M-Pesa Revises KPLC Postpaid Bill Payment Charges.
Unlike in the past when your PostPaid electricity account was updated in 48 hours of payment via M-Pesa, you account will now be updated in approximately one hour. M-Pesa has also introduced new PostPaid electricity payment charges. To…
A guide to the Kenya Airways Rights Issue
Kenya Airways (KQ) passionately known as the pride of Africa finally announced today the time table for its delayed rights issue. The company is seeking to raise Sh20.6 Billion by issuing 1.4 Billion new shares to current shareholders at a pric...
What Are All Those Charges on Your KPLC Bill?
Forex Adjustment, ERC Levy, Fixed Charges, Consumption charge.....what are all these charges that make it onto my bill? What are they for? We look at the KPLC bill in detail, telling you where your money actually goes
Outsmarting MPESA's new rates
Last week, we carried the news of Safaricom’s new MPESA rate and posed the question whether the new rates were more expensive. The general consensus was that they were, but a few people appreciated the lower limits,…
Manage Your Money College: six lessons in the self-study course Manage Your Money
The only way to gain financial independence and live a debt free life is through effectively managing your money. Every Tuesday for the next 6 weeks we’ll explore through 6 lessons in the self study course Manage your money that will give you a better methods of managing your money.
17 Uncommon Traits of Billionaires
What special traits do the billionaires of this world possess that others don’t? Is there any special skill or uncommon trait I must possess before I can become a billionaire? What trait propelled the school drop out billionaires to success? Were people like Bill Gates, Warren Buffett and Mark Zuckerberg…
Face-off Friday: DStv vs Zuku vs Smart
With the competition in the pay TV field in Kenya getting tougher, who offers the best bang for your buck? Is it the 15 year old DStv – the first pay TV provider in Kenya, the Wananchi Group offering, Zuku, which comes bundled with high-speed internet access and voice, or…
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