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Why a Mattress is better than a Bank Account

Banks are run by con-men. Why pay someone to use your money so that they can get richer while you remain the same? Why not put that money in a mattress account? It's free and it's only as secure as you want it to be.
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KES 1 Million, Land or a TV?

“I wanna be a millionaire, so freaking bad” – Travis McCoy Many people are aiming to make their first million and are working hard at it. While it is true that financial security is crucial, what comes next after hitting the KES 1 million…
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CORRECTED: Barclays Q3 Pre-tax Profits Up 4%

Barclays Bank saw its profit before tax grow 40% in the 3rd quarter of 2012 in a period where banks enjoyed charging high interest rates on new loans borrowed by customers. CBK has since reduced the base lending rate to 11%.
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Tis the Season for Christmas Specials

The holidays are here, and supermarkets are lining up their offers, here’s a comparison across them. Naivas supermarket is giving away over 330 goats plus many more prizes to lucky shoppers. Through its promotion dubbed Reloaded Christmas Kikwetu Naivas shoppers could win smart TV’s, fridges, DVD…
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Insanely Expensive Stuff: The KES 1 Million TV in Our Market

How much are you willing to part with to purchase a TV, is KES 1,000,000 within your price range? Read about this in our insanely expensive stuff post.
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Profits vs Recognition: Effect On Stock Price

There was mixed reactions to the bourse’ performance yesterday because the 20-share index and the All-share index took to different routes. The former closed at 4162.79 points, down 9.09 while the latter at 93.18 points, up 0.05. It essentially translates to the locals gaining more from trading than…
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Terrorism, a Remainder of The Cold War: Part 3 – War on Terror

While Pakistan, the United States of America, Saudi Arabia, Iran and the USSR were interested in Afghanistan in the 1980s, they might have been unaware that they were starting a war that would involve almost half of the world two decades later. The war would also expand the scene from battlefields and war hit countries into streets in major cities, the now familiar terrorists. Wars would no longer just be on the TV, but in metal detectors in the streets. How did terrorism travel from the streets of Kabul to those of Nairobi, New York and Khartoum?
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8 Things You Should Know This Morning

1. Kenya PM Visits Blast Site Condems Tourism  Prime Minister Raila Odinga on Thursday strongly condemned the recent terror attacks in Eastleigh, Nairobi and in Garissa saying the government will ruthlessly deal with the perpetrators of the violence against innocent people. The PM remained categorical…
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How Much Did Our Portfolio Make Today?

HIGHEST VOLUMES Our usual suspects graced the top traders for the day by volume. In first place again was Safaricom which saw 13.20 million shares traded. In second place (yet again) was Equity bank with 6.29 million shares, up from 4.59 million shares yesterday. Third spot…
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A New Contacts Backup Service For Safaricom Subscribers

If you’ve lost your phone before, and all your contacts in the process, you will realize the important of backing up your contacts on a regular basis. Different mobile phones come with contact back up options where users can either back up their contacts to a computer or…
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NIC Bank Reports 35% Profit Growth in 3rd Quarter

NIC Bank has reported a 35% profit after tax growth in the 3rd quarter of 2012 earning interests on loans in tunes of KES 6.96 billion in the period. Commercial banks charged high interest rates on loans in the period.
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Kenyan Makes it To Forbes List of Africa’s 40 Richest

Naushad Merali, a diversified Kenyan self-made millionaire, ranked 39 in Forbes latest list of Africa’s 40 richest. He ranked 21 places below Uganda’s Sudhir Ruparelia, a real estate tycoon and 9 places below Tanzania’s Said Salim Bakhresa, who according to Forbes stopped…
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