8 Things You Should Know this Morning
1. IEBC Warns Voter Registration 30 Day Period Won’t be Extended Voter registration will be a 30-day exercise and will not be extended, the electoral commission has announced. Independent Electoral and Boundaries Commission (IEBC) chairman Isaack Hassan said on Monday that registration would start…
Investing in a Green Economy
Climate change is one of the most debated topics in the world, and it makes sense. The polar ice caps are melting. The average atmospheric temperature is about 0.8 celcius. It's crazy. Maybe it's about time we invested in a greener future. Clifton clearly thinks so.
Safaricom Complies With Directive to Switch off Counterfeit Phones
Through a press release posted on Safaricoms’ website, dated 1st October 2012, Safaricom Limited has confirmed that it has completed the blocking of all counterfeit mobile phone handsets on its network. Safaricom indicated that the mandatory exercise which begun at midnight on 30 September…
The Stock Market Today
INDICES The NSE 20 Share Index performance dropped on this first day of October by 6.28 points to close at 3965.75 from 3,972.03 points on Friday. The All-Share Index performance dropped by 0.21 to close at 87.17 points from Friday’s 87.38. HIGHEST VOLUMES Safaricom shares were once again the highest traded…
Funding for Kenyan's Studying Abroad Halted
Kenyans studying abroad will no longer get loans and bursaries from the Ministry of Higher Education Science and Technology. In a letter addressed to Kenyan Embassies and High Commissions, the Ministry instructed foreign missions to inform Kenyan students residing in the respective countries of tne new developments.
The Budget Plan Face Off
Last week we looked at three budgeting systems: The Balanced Money Formula The 60% Solution The Budgeting Plan We have different financial goals. For some it’s to maximize on savings while for other’s it’s all about spending. We’ll compare the above budgeting systems to…
How to Make Claims on Your House Insurance Policy
Some Kenyans with house insurance tend to assume that everything is covered under whatever policy they take up. The truth of the matter is, only a comprehensive cover can yield relatively substantial returns in the event of an accident.
My Money in My Twenties: Are You Ready to Move Out?
Moving in by yourself is one of the most exciting events in one’s life. The thought of finally being responsible for yourself and to live by your own rules is in describable; however, moving out before you are in a position to support yourself can be disastrous. A couple of things you may want to know before you leave.
Plans to Lower Call Rates Delayed
Plans to lower Mobile Termination Rates (MTR) – the amount of money an operator pays another operator when its subscribers call the other network – have been shelved till end of October pending the conclusion of a study on the effects of lowering the MTR. As…
Equity CEO gets Double Global Appointments
Equity Bank Group CEO Dr. James Mwangi has been appointed to the Global Agenda Council on New Economic Thinking which is a council of the World Economic Forum. The council is a global brain trust that will set the direction for global, regional and industry…
September's Take on Your Pocket
If figures from the Kenya National Bureau of Statistics (KNBS) are anything to go by September should have been a horrible month financially when compared to August. September recorded a rise in the Consumer Price Indices (CPI) which was posted at 131.51 from 131.89…
Stocks We Are Watching Today
Here are the shares we will be closely watching in today’s trading at the Nairobi Securities Exchange: See a summary of Friday’s share trading here. CFC Stanbic Rights – They’re having a rights issue that ends in 1 week’s time and the demand has been fluctuating with the last day…
8 Things you Should Know this Morning
1. How KDF Used Spy Planes to Seize Kisimayu Military officials conversant with how the capture of Kismayu was planned and executed yesterday told the Nation that covert intelligence gathering tactics and infiltration of the port city by special forces provided the best opportunity to attack the remaining Al-Shabaab stronghold in southern…
What is Business?
"Nothing personal, it's just business" Time and time again you hear this statement. Everyone is using these days. Just what is this business thing?
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