Zero Fees to Send Money through Airtel Money
Airtel Money joins Yu Cash as the only two mobile money transfer platforms that allow their subscribers to send money to other users at no cost. This new feature not only allows subscribers to send money for free within Airtel network but also allows users to…
The Young Employee and the Family Curse
Let's forget the fact that Africa is a "poor" continent. Or the fact that jobs are increasingly hard to come by. No, let's look at these young kids who have jobs. just what do they want? How are they handling it? And what are their problems?
The Stock Market Today
The NSE 20 Share Index closed at 3961.05, a increase of 2.43 from yesterday’s points. The All-Share Index performance dropped by 0.03 from yesterday’s 87.11 points to close at 87.08. HIGHEST VOLUMES KCB was the highest traded counter today (again this week) with 5.36 million shares traded while second was Cooperative Bank with…
JKIA, Nairobi Railway Project Hits Critical Stage
Kenya Railways Corporation (KRC) has finally made some progress with the long-awaited project that aims to link Jomo Kenyatta International Airport (JKIA) to the Central Business District (CBD). The Corporation, which began construction last year, has reached the final stages in the tender process.
Money Won't Buy You Happiness, It Will Buy Experience
“People are just as happy as they make up their minds to be.” – Abraham Lincoln Basic human logic is: As soon as I have enough money, I’ll get _ which will enable me to do _ which will then make me happy. We,…
HSBC Kenya Representative Office changes name
The Kenyan representative office of Chinese bank The Hong Kong and Shanghai Banking Corporation (HSBC) has changed its name according to a notice by the Central Bank of Kenya. “The Central Bank of Kenya hereby brings to the attention of the…
What Gikomba and the Stock Market Have in Common.
What influences the buy/sell decisions that participants in various markets make should relate to those in the the stock market. At least to a certain degree. For instance,have you ever posed to think of the similarities that exist between a market like Gikomba and the stock market? No? Okay then, maybe you should read this.
What Health Insurance Doesn't Cover
We already told you what motor insurance doesn't cover. But what will the doctors turn you away for even when you are insured?
International Oil Prices Rise, Shilling Weakens, What Next For Fuel Prices?
Latest statistics from Abu Dhabi National Oil Company show a 3.4 percent rise in international crude oil prices. The Free On Board (FOB) price of Murban crude oil lifted in September 2012 was posted at USD 115.40 per barrel from 111.65 per barrel in August 2012.
Kipngetich New Equity Bank Operations Boss
Former Kenya Wildlife Services (KWS) Director Julius Kipng’etich has been appointed Equity Bank‘s Chief Operations Officer (COO). Kipngetich, who is hailed for turning around KWS into a functional institution, has headed it since 2004. He has been serving on the Equity Bank board as a…
Is Your Mobile Network Giving You Value For Your Money?
A recent study commission by the Consumers Federation of Kenya (COFEK) and conducted by India based independent audit company revealed that Telkom Orange has the best voice quality, 2G and 3G data speeds while Safaricom has the widest coverage. Airtel and Yu fared lower as compared to Orange…
The Stocks We're Watching Today
Our focus today on Nairobi Securities Exchange watch shall be on two stocks; Sasini Group Ltd and Standard Chartered Bank. The primary aim of watching them is to measure their volatility to press releases. It will help determine existence of information sensitivity in the Kenyan market. The…
Numbers Say: Tax Avoidance For All.
First of all, calm down; the taxes referred to are not the personal income tax that’s deducted from your pay-check. These are alternative forms of tax that fall under the income tax category but have small charges associated with them, enough to earn anyone a tidy profit. Capital…
8 Things You Should Know This Morning
1. First Independently calculated Government Bond Index Launched The Nairobi Securities Exchange (NSE) working with international Index provider FTSE Group has officially announced the launch of the FTSE NSE Kenyan Shilling Government Bond Index. The index is the world’s first independently calculated benchmark index tracking the principal Kenyan Government bond market. 2. Airtel…
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