Total Kenya Limited was the top gainer at the Nairobi Securities Exchange (NSE). The counter registered a gain of 10% to end the day at KES 24.75. This is a KES 2.25 gain per share. Britam continues its drop in share price for the fourth day in a row and…
Umeme was the top gainer at the Nairobi Securities Exchange (NSE). The counter registered again of 8.88% to end the day at KES. 19.00. Britam shares continue to decline as it is still suffering the repercussions of being associated with Bramer Bank Corporation and BAI Company (Mtius) Ltd. Following the…
Despite Nairobi ranking as the second worst city to live in globally, a recent study produced on behalf of MasterCard identified Nairobi as the 6th city out of 19 cities in Sub-Saharan Africa with economic growth potential. Nairobi ranked two places above Johannesburg, four places above…
1. Lawyer Urges Court to Squash New Dress Code A lawyer has challenged the new Law Society of Kenya dress code in court. Mr Andrew Barney Khakula has told the High Court that the Law Society of Kenya Dress Code (Revised 2013) violates his constitutional rights. His application…
Political parties earn millions from aspirants ahead of polls The three major political coalitions collected at least Sh185 million in nomination fees arising from the recently concluded party primaries. The amount is derived from charges paid by 1,510 candidates that…
1. Best and worst countries to be born in 2013 Kenya ranks in position 79 out of 80 countries sampled in a recent study, published by The Economist, on the best and worst places to be born in 2013.
The Nairobi Coffee Exchange has reported that Kenya’s benchmark coffee grade climbed for a third successive sale, rising 9.9% to $400 (Approx. KES 34,440) for a 50-kilogram bag, from $364 (Approx. KES 31,340) at the previous sale two weeks ago. NCE says that supplies of the grade rose…
Safaricom Limited will be giving its subscribers 50 percent bonus airtime on M-Pesa top ups made tomorrow, 12th December, 2012. Subscribers will automatically get bonus airtime therefore not required to opt in. The bonus airtime is applicable to a maximum of KES 1,000 recharge…
1. Kibaki Appointed To Petition National Land Commisioners The Land Sector Non-State Actors lobby group has petitioned President Mwai Kibaki to urgently appoint the National Land Commission. The group’s Executive Officer Odenda Lumumba said the land commission should be in place not later than Wednesday, which…