Lessons From the Nairobi International Trade Fair
Kenyans are the best damn marketers in Africa. The guys south of the Limpopo have nothing on us, neither do the ones north of the Sahara. I mean, we build a road properly, something we were meant to do 20 years ago, and it becomes a super highway, with so much hullabaloo that we don’t notice someone has been stealing the damn signs as soon as they are up.
The Stock Market Today
The performance of the Nairobi Securities Exchange was better today. The NSE 20 Share Index edged closer to the 4000 mark, having gone up 14.06 points to close at 3997.00 points. The All-Share Index also performed better by 0.72 points to close at 87.85 points. HIGHEST VOLUMES…
Is The Customer Always Right?
Does being the customer automatically translate into your being right all the time? Well, apparently not.
Steps To Finding The Ideal Financial Advisor.
The advent of the computer and the subsequent inter-connectivity due to the internet has meant that getting information on an investment or investment advice has become quite easy and cheap.The advantage of this is that today’s investor is quite knowledgeable about his preferred investments but does it entirely…
Is Airtel the Next Big Thing?
Latest statistics from Communication Commission of Kenya (CCK) show that Airtel recorded the largest gains in new subscriptions. Airtel recorded a 9.6 percent growth over the period between April and June 2012 in comparison the the previous quarter bringing the total number of new subscription to 430,726. Yu…
KQ Receives 3rd Plane in Expansion Plan
National carrier Kenya Airways has received the 3rd aircraft in its expansion program. The aircraft is KQ’s 12th Embraer Ejet which is also the 900th Ejet ever produced. “It is a real honor for Kenya Airways to be part of this highlight in…
Numbers Say: Rights Issue Beats Bonus Issue
Offers of rights issue and bonus share issue have the same effect on stock but have fundamentally different approaches to doing so. Both of them offer the shareholder a chance to own more shares but at the cost of having their shares valued at a lower price. Here’s…
8 Crucial Things When Applying for a Construction Loan
A report by NIC Bank and Housing Finance states that Kenyans are in desperate need of decent and affordable housing. The survey reports that 84% of the country’s urban population lacks the means to even take up a mortgage. In light of these developments, some lenders have…
What Pewa Could Learn From its Predecessors
Orange Kenya recently unveiled a new service dubbed Pewa which allows prepaid subscribers to purchase airtime on credit and pay later. This service is more or less similar to what Safaricom and Airtel offers their subscribers in form of Okoa Jahazi and…
8 Things You Should Know This Morning
1. Salaries Team Wants to Chop MPs Wages Members of Parliament are among top public servants facing a major salary cut if the team set up to determine the pay for government workers has its way. The Salaries and Remuneration Commission (SCR) is reviewing salaries of public officers…
The Stocks We Are Watching Today
Today on the Nairobi Securities Exchange we shall be watching whole counters,specifically the technology and telecommunications counter and the agricultural counter. Outside these sectors, special attention shall be paid to the Standard Chartered Bank stocks in light of the ongoing rights issue. See a summary of last yesterday’s share trading here.
The Stock Market Today
The general performance today in the indices was down with the NSE 20 Share Index performing 0.23 points lower to close at 3982.94. The All-Share Index performance was down 0.06 points to close at 87.13 HIGHEST VOLUMES Safaricom Ltd was the highest traded counter today with 11.68…
Emirates Offers First Onboard Mobile Phone Service
Emirates has offered the world’s first inflight mobile phone service on-board an A380 aircraft; setting yet another record for inflight communications. In partnership with Emirates connectivity partner, OnAir, passengers aboard Emirates’ A380 aircraft will now be able to stay in touch via…
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