Yesterday presented many an investor at the Nairobi Securities Exchange had a chance to bag a few notes since both major indices performed better. The 20-share is a list of the top 20 companies by market capitalization among the publicly listed companies. Such are what attracts foreigners as a…
1. A Cease Fire, for Now Among the blessings we are also counting on this day is the cease-fire reached yesterday between Israel and the Hamas rulers of Gaza. Now if only it will hold. But beyond merely holding if it could be the beginning…
In general, many businesses have no formal policy on risk management. The few that have, view the risk management function in isolation from general business processes. This means that everyone does their job without concern as to what risks the business is getting exposed to. It is up to the risk manager to figure out any mitigation needed.
HIGHEST VOLUMES The top 3 traders today were the same as yesterday. Safaricom was the highest performer again but 14.33 million shares traded. In second place was Equity bank with 4.59 million shares, up from yesterday’s 3.09 million shares. Third…
Private Health providers, Insurance regulators and major hospitals all say that the cost of medical care will rise by about 15%. Are you ready to meet those expenses?
Bharti Airtel, on November 19, 2012, said that it has undertaken an end to end network transformation program across its mobile operations in 16 African countries. The program, which is the largest of its kind on the African continent, in partnership with Ericsson, involved a comprehensive upgrade and…
Just what's the prize of winning Kenya's top soccer league trophy? Reports indicate that this year’s Champions were to pocket KES 10 million in prize money, KES 6.5 million more than the Champions in the 2011 competition, who took home KES 3.5 million.
If a company has fulfilled the purpose for which it was created or if it can no longer be operated profitably, its owners will want either to restructure or to exit from the venture altogether. Companies as legal persons are creations of the law and so they can also only be ‘killed’ under the law.
Otherwise they're not really dead.
Airtel Kenya recently unveiled its new scratch cards that enable users to top-up their airtime and purchase internet bundles with one card. As a special introductory offer, Airtel subscribers who top up with KES 100 and purchase data bundles will surf all night for free. To…
National Bank has reported a profit after tax drop of 68% creating possibilities of a dividend lower than the KES 0.4 per share the bank paid the previous year.
Safaricom Limited recently unveiled its 3G Router, targeting home users, dubbed Internet Nyumbani. This router can support up to 10 users who can all connect to the internet simultaneously. Orange Mobile on the other had has a number of Wi-Fi routers designed for different users. There is the…
The end of trading yesterday saw the 2 banks under our watch become top traders by volume. There was no change in price for either. Operations at the Nairobi Securities Exchange (NSE) saw both the All-share and the 20-share indices closed higher at 92.59 points and 4158.38 points respectively.
Centum Investments has embarked on a project to provide Kenyans with luxury housing units. The initiative promises to deliver hundreds of living spaces and world class facilities.
1. KQ Hires Bidco Executive As its Marketing Director National carrier Kenya Airways has appointed Chris Diaz as its marketing director. The marketing director is a newly created position expected to help the carrier as it intensifies its marketing and undertaking route…