Why Kenya Doesn't Need Syokimaus
On 13th November, 2012, Kenya opened its first railway station since, forever.
To some, this was the equivalent of Kenya putting a man on the moon. It would bring lots of pride to millions of Kenya, just as the hundreds of millions of Indians see their chest swell with pride when their country launches a rocket into space, or successfully does a nuclear bomb test.
Numbers Don't Lie : December First Week [Infographic]
PesaTalk Numbers: December Week 1…
Safaricom Top Traded Counter…Again
TOP TRADED COUNTERS Safaricom took the top spot in what seems to be a permanent trend. The counter saw 18.37 million shares changing ownership at KES 5. Market capitalization maintained at KES 200 billion and stands to gain if the stock price shoots past this price. In…
What Inspires Your Stock Investing Habits?
The phrase ‘Lame Duck’ has, for the longest time, been used amongst traders to describe those whose positions in capital instruments always results in huge capital losses. Sometimes, even driving some to a point of bankruptcy. Almost all of us, at some point, have had a lame duck experience, or something…
Kenya's Economic Growth Forecast Cut to 4.3%: World Bank
Kenya's economic growth forecast by the World Bank has been cut to 4.3% from 5% . world Bank has attributed this cut to the effects of high lending rates.
Unregistered Phone Numbers to be Shut Down by January 2013
The Communications Commission has issued yet another warning to unregistered Sim Card users. By January 2013, the government-sanctioned team will shut down all non-catalogued cell phone numbers
S.A Bank Absa to buy Barclays' African Operations
South African bank Absa Group said on Thursday it will buy Barclays African operations for 18.3 billion rand (KES 176.8 billion). This, a statement from Absa says, is a move to finalize a longstanding plan to fuse the two company businesses in Africa, considered a fast-growing market.
KCB Slashes Base Lending Rate
KCB Bank has announced that it will be reducing its base lending rate effective in the new year. In a public statement via the Group’s twitter page, the bank says it will reduce the rate by 200 basis points to 17% down from the current 19%. This announcement has comes…
Additional SMS Bundle Plan from Safaricom
Following the recent withdrawal of Safaricom’s unlimited SMS plan, Safaricom has now introduced a third SMS bundle plan you can subscribe to. You can subscribe to 500 on-net SMS messages daily at the rate of KES 20 per day. This new SMS plan is in addition…
8 Things You Should Know This Morning
1. Samsung Pilots Paperless Learning in Kenya Local primary schools may soon shun the use of exercise books and blackboards after Samsung Electronics East Africa embarked on a pilot program geared at transforming traditional classrooms to multimedia teaching environments. In a development that could herald…
How Should You Respond to a Price Change by Competitors?
If, however, I am wrong, and a price war ensues; it will definitely not originate from Safaricom. This is because the market leader has nothing to gain from that. It is the other players who may try to fight for market share by lowering prices. Safaricom would then be on the defensive.
Why?
What Your SACCO Savings Can Do For You
So you started that Chama and have a little money. What should you do with it?
GOtv Plus Launched
GOtv has finally unveiled its long awaited new channel bouquet dubbed GOtv plus. The bouquet is available to subscribers in Nairobi at a monthly subscription rate of KES 849. Among the new channels available on the GOtv Plus bouquet are: SuperSport Blitz Nat Geo Wild MTV…
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