COUNTER WATCH Uchumi Supermarket – Having closed the day at KES 19.25, the counter’s price took a slight dip in share price by 25 cents. Bearing in mind that the supermarket is looking to raise KES 1.5 billion in a share offer next year, a downward spiral…
Today, it's 22 days to Christmas, a time when most prefer travelling 'coastwards'. You perhaps would like to know how the destination beach of your choice competes internationally. According to CNN Travel Watamu beach is the second best beach to beach followed by Diani at third.
The matatu sector has, for the longest time, been characterized by chaos and confusion. Overlapping, obstruction of traffic and careless driving are but some of the menaces, on our roads, associated with matatus. The new traffic laws are long overdue, and some degree of order needs to be restored our roads.
There, I said it.
The Industrial Court in Nairobi has ordered Kenya Airways to reinstate more than 400 employees who had been sacked by tomorrow morning. Making the ruling today, Industrial Court Judge James Rika termed the retrenchment exercise by Kenya Airways as ‘unlawful’ as regards the new Kenyan Constitution. Kenya…
Kenya Airways (KQ) believes that merging with Ethiopian Airlines and South African Airways will give them the competitive edge they need to fly as high as other international couriers. This comes with the promise of cheaper flights and high quality service.
Last Friday we looked at the changes in stock price that arise from change in CEO. The best examples for that were KenGen and KCB. Both, on the same day, announced the hunt for new CEOs since the current ones were resigning. KenGen shares went up 5 cents,…
Residents of Nairobi have until the 31st December to switch their television sets from analogue to digital. Information Permanent Secretary Dr. Bitange Ndemo had said that December 31st shall be the last day of analogue television signal in Nairobi. Ndemo said that there will be no further delays. The switch…
As from 29th November to 26th December 2012, Orange mobile subscribers will enjoy reduced calling and SMS rates. Subscribers will spend KES 1 per minute on calls to Orange Mobile, Orange Wireless and Telkom Landline and 50 cents per SMS to any network. The KES 1…
1. Brokers face legal challenge in quest for a bigger share of NSE Stockbrokers at the NSE are facing a major legal hurdle in their quest to grab a bigger share of the bourse with the planned change of ownership next year.