StarTimes Media Launches Digital TV
Digital Television signal provider StartTimes Media has today launched its digital TV services in the country. The channel which will broadcast on the new Communication Commission of Kenya (CCK) approved decoders, DVB-T2 decoders will offer over 60 digital quality entertainment channel to the Kenyan…
Shell Brand to Remain
Sources from Vivo energy have indicated that there is no completion of agreement to sell Shell assets in Africa, as it had been reported by some section of the media. The partnership between Vitol, an international oil trader and Helios, a private…
Our Projected Decline in Fuel Pump Prices
Here is our projected pump prices for the period between 15th June 2012 to 15th July 2012
Forex Trail – 12 June 2012
Below is a table showing the performance of the Kenya Shilling against the major international currencies and the currencies of our neighboring countries in the last two sessions, Friday 8 June and Monday 11 June, 2012. Currency US Dollars Euro Sterling Pounds SA Rand KES/USHS KES/TSHS KES/RWF Date 8/6/2012…
Mututho Laws, Have They Impacted Negatively?
When the Alcoholic Drinks Control Act of 2010, famously known as the Mututho laws (after the sponsor Naivasha MP John Mututho) was enacted, it introduced sanity and control in terms of drinking hours. However, there have been concerns raised about how the Act impacted uptake of illicit brews and the…
UAP to Venture into Real Estate
Insurace firm UAP‘s plans to venture into new markets in the region are well under way. The firm received capital injection of Ksh4.7 billion ($55 million) from a group of investors which will enable it to expand in the region. The investment deal has now altered previous shareholding to…
The Shilling Set to Gain
In the last few weeks the Kenya shilling has slipped against the US Dollar in an almost steady fashion. Our local currency hit a five month low of almost KES 88 per US Dollar. This declined seemed to nullify the gains the CBK has made since the beginning of the…
State of Kenya's Financial Sector
In the following video, ABN’s Ken Kariuki talks about the state of Kenya’s financial sector in light of the high interest rates, increase in government expenditure and the widening current account deficit. Source: ABN…
International Crude Oil Prices Drop by 8.75%
It’s now official that international crude oil prices have dropped. Figures from Abu Dhabi National Oil Company, Kenya’s source for Murban Crude oil, show that the price of Murban crude oil has dropped by 8.75 per cent to retail at 110.60 USD per barrel in May…
Equity CEO Named World Entrepreneur of The Year
Equity Bank chief executive James Mwangi was on Friday named the Ernst & Young World Entrepreneur Of The Year 2012, at an awards ceremony held in Monte Carlo, Monaco. Mwangi was picked from 59 country finalists nominated for the title across 51 countries, each of whom had already been named the…
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