Kenyans set for 100% Housing Loans from Britam
Britam has unveiled a new service that will allow potential home-owners to apply for 100% financing on mortgages. The product, dubbed Collateral Replacement Indemnity (CRI), is the first of its kind in Kenya. Britam adopted the idea from Home Loan Guarantee, a South African…
Stocks We Are Watching Today
Here are the shares we will be closely watching in today’s trading at the Nairobi Securities Exchange: Unga Group – The shares closed at KES 15.10 at the end of trading yesterday. Sharper growth has been noted since the beginning of September with possible causes being…
Housing Finance to Sell KES 3B Shillings Bond
Mortgage provider Housing Finance will sell the second tranche of its 7-year bond next month to raise KES 3 billion, the firm announced yesterday. This will be the second and final tranche of a KES 10 billion medium term note that was approved by the…
Value Investing, How and Why?
Intrinsic value, holding on, HPR, and other technical type terms are thrown around all the time. But just what does value investing entail and why should you Value invest?
Queer Contents of the 2007/2008 Revenue Accounts
Turns out that the taxpayer is still not aware of the exact revenue amounts that were gathered in the 2007/2008 financial year. There have been inconsistencies concerning the amounts collected with each of the involved parties, Kenya Revenue Authority, Ministry of Finance and…
8 Things You Should Know this Morning
1. Citizens of Bulawayo Have Synchronised Toilet Flush Many residents of Zimbabwe’s second city have simultaneously flushed their toilets, as part of an official attempt to prevent blocked sewage pipes. Bulawayo Mayor Thaba Moyo told the BBC the “big flush” would keep pipes wet and so prevent…
The Reading Culture, and Where to Buy Books
It's always said Kenyan's don't read. Longhorn's financial results strongly confirm that statement. Well here's a list of places where you can get books at a reasonable price, maybe even cheap. Then let's see if you'll have an excuse not to read.
The Stock Market Today
A look how how shares traded at the stock market today
Track Trim Target, Which style Suits You?
A reader asked how they should best allocate funds for their budget. Unfortunately, there’s no universally accepted budget allocation method or formula. Different finance experts have varying suggestions on how one should best distribute their money in their budget. This is understandable and expected since no…
The New NHIF Scheme, What's Really New
So we all know of the higher fees that will be coming with the new National Hospital Insurance Fund (NHIF) scheme, but what are the benefits? Well, one of them is the In-patient cover which is non existent in the current scheme. In addition to the current benefits, under…
Differentiate Mortgages From Ordinary Loans
What are the differences between a mortgage and a loan; and why take one when you can take the other?
EAC Proposes Cheaper Flight Plans for Member States
The East African Community (EAC) is trying to encourage its member states to lower flight fares across the region. According to East Africa Legislative Assembly Speaker, Margaret Zziwa, the cost of flights to many parts of the EAC needs to be subsidised. Speaking during…
Relax, Uko na MPESA Giving Away KES 2000 Daily
It’s that time of the month when a little bit of extra cash in your pocket makes a huge different. In this regard, Safaricom is this week giving you a chance to win KES 2,000 with #RelaxUkoNaMPESA. To win, simply spot Safaricoms’ #RelaxUkoNaMPESA deck chair, take a picture of it…
Money in Patents: The Superman Story
With Apple and Samsung flinging mud at each other in court we take a few lessons from the superman story to show why you should probably patent your work.
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