Out With the Old Crew, Says KQ
Kenya Airways (KQ) plans to recruit a new pool of crew members as it launches Jambo Jet, its very own low cost airline. The courier plans to officially unveil the proposed service pending a decision by the Kenya Civic Aviation Authority (KCAA). Kenyans…
Elections and Your Finances
A democracy is arguably the best form of government humanity has come to agree with. To date, a people of every other form of government globally fight towards achieving a democracy. Our nation is gifted with one and it is something we pride ourselves with, even with all…
Signs For Cheaper Loans as CFC Lowers Rate
After the Central Banks move to lower base lending rates last week, commercial banks have started lowering their rates in a move that would see borrowers access cheaper loans in the near future. CFC Stanbic Bank has announced that it will be lowering its lending…
Riara and Pioneer Universities;New Kids in the Block
The Commission for Higher Education (CHE) on Friday 7th September 2012 issued letters of interim authority to Riara University and Pioneer International University. This will allow the two new private universities to offer degree programs in Kenya. The letters of interim authority will allow the two institutions…
8 Things You Should Know this Morning
1. Safaricom Sacks 70 workers over Theft and Bribery Safaricom has sacked about 70 employees in the past one year over fraud, in what highlights the rising cases of economic crime in corporate Kenya. The mobile telephone company said it had detected 114 cases of economic crime, including accounting fraud,…
Barclays Launches Mobile Money Service
Barclays Bank of Kenya has officially launched a first of its kind mobile money transfer service dubbed PINGIT to boost mobile commerce and Diaspora remittances for Kenyans living in the United Kingdom. The new PINGIT service allows Barclays customers to experience convenient money transfer solutions…
Falling Treasury Bills Make Shares, Bonds Attractive
Falling treasury rates will divert investors to the bond and stock markets
A History of Banking: The NIC Story
Part 3 of the Series on NIC Bank. Having looked into the history of banking we now look at NIC, and how they have risen under the guidance of the Ndegwa family for the last couple of years.
8 Things You Should Know this Morning
1. Directors above 75 to retire by the end of the year The capital markets regulator, CMA, says it has proposed amendments to the corporate governance regulations to provide that any director aged above 75 leave office by end of December. This means that individuals aged 75 years…
Closing Bell – 6th September
A summary of the stock market today
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