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Pay More For Kenya's Development

Just because it’s a government parastatal or ministry, does not mean it should offer reduced and or subsidized prices for everyone. A lot of complaints were received concerning people who live on less than Ksh100 a day, what of them? They’ll just go to their respective places of work and residence just as they always have. It may come as a shock to some of you, but some of them can’t even afford matatu fares. They walk to their places of interest as they always have
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Indices Regain Investor Confidence

HIGHEST VOLUMES Safaricom was the highest performer again with 33.65 million shares traded. In second place was Equity bank with 3.09 shares changing hands, roughly one-tenth that of Safaricom. Third spot went to Kenya Commercial Bank which closed at 3.03 million stocks traded, a small…
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Kenya to Get Faster Internet from COMESA Trade Deal

COMESA plans to improve regional trade through the use of ICT. One of their targets involves providing faster and more reliable internet connectivity for its member states.
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Relief for Kenyans As Electricity Bills Set To Drop

November 2012 is proving to be an economically friendly month following the recent drop in fuel prices and now a reduction in electricity bills over the month of November. Electricity consumers will this month be required to pay KES 5.95 per kilowatt hour in fuel cost levy, down…
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Yet Another 'M' App; MKALI

Appears like like things are just going mobile and "Appy". We now have another 'M' App, MKALI Mobile, a marketing and ticketing platform. MKALI Mobile gets you a message from your clients and their response back to using wireless portable devices.
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KES 111 Billion Worth of Power From Korea

A South Korean company Daewoo International has signed a deal to build a $1.3 billion (KES 110.5 billion) power station in Kilifi County, with the Kenyan Electricity Generating Company (KenGen). The coal-fired power station will be the largest in East Africa, with two turbines each producing 300 megawatts, the Prime Minister’s office said in a statement.
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Stocks: Kenya Commercial Bank vs Equity Bank

The 2 banks under our watch yesterday did not yield much material movement despite release of their Q3 results. Each of the banks (Co-operative Bank and Standard Chartered) did not get much action in the course of the day. It is more sad than unfortunate really.
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Safaricom Internet Nyumbani

Safaricom has unveiled its 3G Router designed for home internet users. Dubbed Internet Nyumbani, the router is retailing at KES 5,999 and comes with 4 GB free data.
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8 Things You Should Know This Morning

1. The Night Shift is Now a Tarrif Safaricom’s 50 percent bonus internet, dubbed The Night Shift is now a tariff. For every 1.5GB, 3GB and 8GB bundles you buy you will get 50 percent bonus data absolutely free. The 50 percent bonus data has a validity…
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My Money in My 20’s: Is Self-Employment Riskier than Traditional Employment?

Myth #2: Modern society has conditioned us to believe that having a job is the safer option. More youth are returning to the university in pursuit of degrees and masters certification so that they can gain reputable employment or perhaps get a promotion at work. One question lingers, is self-employment more rewarding than playing cog in someone else’s machine.
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Local Shareholders Remain Unwavering To Bank Profits

The NSE today closed on a lower note than last week Friday. The 20-share index closed at 4147.94, down 8.05 points from last Friday and the All-share index at 92.26, down 0.33 points. Despite such wanting performance, the bourse has maintained performance over the 4000 mark for this last third…
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The Night Shift is now a Tariff

Safaricom’s 50 percent bonus internet, dubbed The Night Shift is now a tariff. For every 1.5GB, 3GB and 8GB bundles you buy you will get 50 percent bonus data absolutely free. The 50 percent bonus data has a validity period of 14 days and one can…
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No More Traffic Police as Tough Traffic Rules Effected

Amendments in the Traffic Act have commissioned all police officers, both regular and Administration Police to enforce traffic rules in a bid to curb road carnage that has killed 2,774 people since January this year.
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