Micro Finance Institution Faulu Kenya has designed a new loan product that will be charging a low interest rate of 1.5%. This loan is designed for Civil servants and employees of Teachers Service Commission. To access the loans, one would have to produce original copies of identification documents and certified…

Gainers Price                  Change Crown Berger 29.50 +8.26 Eveready East Africa 1.85 +2.78 Olympia Capital Holdings 3.80 +2.70 AccessKenya Group Limited 4.75 +2.15 Diamond Trust Bank Kenya Limited 102.00 +2.00 Losers Price              …

Capital Markets Authority has warned that it will be blacklisting fraudsters soon. The capital markets regulator has expressed concerns over fraudulent instances that have been seen in several organizations in the country. Capital Markets Authority chief executive Stella Kilonzo says fraudsters have been running down established and growing companies, a thing she…

Safaricom subscribers in Western Kenya Experience data and voice outage

Nairobi City Water and Sewerage Company had earlier announced that repairs on the supply pipe from Sasuma Dam were to be completed at the beginning of this week and that normal water supply was to resume by Wednesday, 23rd, May 2012. Latest news from…

EABL is on our watch list today. The share dropped a shilling in yesterday's trading to close at KES 218 but we feel it remains worth observing. Carbacid is also on the list and its 2.94% increase in value from KES 102 to KES 104 and we will keep a keen eye on it.

Below is a table comparing the performance of the Kenya Shilling against the major international currencies as well as the currencies of our neighbouring countries in the last two trading days, Wednesday 23rd and Thursday 24th May 2012: Currency US Dollars Sterling Pounds Euro SA Rand KES/USHS KES/TSHS KES/RWF Date…

There is a growing fear that the over 1 million litres of alleged contaminated fuel could find its way into the market. Kenya Pipeline Company has not yet established what tainted the fuel which was already in its distribution facility. The importer of the fuel Gulf African Petroleum (GAPCO), has…

(Update: The fares below are from London via Nairobi to the destinations indicated. We apologise for the error) The national carrier, Kenya Airways yesterday offered its passengers a discount on return air tickets to its major destinations. Below is a summary of…

Gainers Price (KES) Change (%) Crown Berger 28.00 7.69 AccessKenya Group 4.80 5.49 Trans-Century Limited 26.00 4.00 Kapchorua Tea Company 124.00 3.33 Eveready East Africa 1.85 2.78 Losers Price (KES) Change (%) Uchumi Supermarkets Limited 17.95 7.24 Safaricom Limited 3.20 5.88 Olympia Holdings Limited 3.70 5.13 NIC Bank 33.75 3.57…