The PesaPortfolio – 17 September
A look at The PesaPortfolio this month with a few changes made including taking up our rights in the NIC Rights Issue
Problem? What Problem?
With unemployment in Kenya at a drastic 40% we need those jobs. We need our companies to expand. We need some bank to open a branch somewhere in Turkana so it can employ people there and so our Gross Domestic Product (GDP) can look halfway decent.
Why Fuel Prices Went Up
The recent fuel price review saw the cost of fuel rise, ending a 3 month price ease. The retail price of diesel in Nairobi crossed the KES 100 mark to retail at KES 101.07 from KES 97.08 while super petrol and kerosene now retail at KES…
Airport Expansion to Reduce Terminal Traffic
Kenyans are set for more convenient flight plans as the Kenya Airports Authority (KAA) signs a contract for the expansion of the Jomo Kenyatta International Airport (JKIA). The KES 55 billion deal, dubbed Project Greenfield, will be used to increase the airport’s carrying capacity, thereby reducing…
8 Things You Should Know This Morning
1. Workers reject new NHIF rates New NHIF rates have been met by threat of strike by workers opposed to the decision. According to Central Organization of Trade Unions, secretary general, Mr Atwoli Francis, Cotu will be revealing the forces and the motive behind the minister’s obsession in a week’s…
Taxes or Just Legal Robbery?
We all grumble and mumble about taxes. 30% seems a bit much to everyone. Are they really a bad thing though?
Faini Chap Chap
The Judiciary will this Thursday, 20th September 2012, officially launch a new system for paying traffic fines through M-Pesa. This system dubbed: Faini Chap Chap has been available at Milimani and Kibera Law Courts on a pilot phase basis and will be officially launched by the Chief Justice…
Stocks We Are Watching Today
The shares we will be closely watching in today's trading at the NSE
Made it in the Market: Chris Kirubi – Dj CK
Chris Kirubi is among the 40 Richest People in the continent from among other things, his shareholding in several Kenyan companies
What to do Instead Of Going to the Club
clubs have the ability to be overrated. What else can you do though?
SACCO Members to get Samsung Products on Credit
Samsung Electronic has partnered with supermarket chain Nakumatt to offer members of Savings and Credit Cooperative Societies (SACCOs) their products on credit. In an invite to the media, the electronic company noted “For the first time,…
Pirates in a Digital Sea: Part 2
Have you ever wondered how much money can be made from digital piracy? Given the fact that hundreds of thousands of illegal downloads are happening by the second, someone somewhere must be making a profit. Aside from the costs incurred from the use of electricity, internet…
NSSF set for historical AGM on Monday
The National Social Security Fund (NSSF) has confirmed that plans for the staging of the fund’s first Annual General Meeting (AGM) in the funds 47 year history are now complete. According to NSSF Acting Managing Trustee, Mr. Tom Odongo, logistics…
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