KQ Gets Delivery of 2nd Fully Owned Embraer
National carrier Kenya Airways has taken delivery of its second fully owned Embraer E-190 in Skyteam livery. The aircraft is the second of eight fully owned Embraer’s that KQ is acquiring this Financial year in its fleet expansion plans.
Your Electricity Bill This Month
Yesterday Pesatalk reported that your power bill may be higher next month. We were wrong. A practical calculation has shown that your bill this month, when all factors are considered may actually be lower than normal (assuming you use the same amount of electricity)…
Stocks We Are Watching Today
Here are the shares we will be closely watching in today’s trading at the Nairobi Securities Exchange: See a summary of yesterday’s share trading here. Unga Group – The shares have rallied from a low of KES 8.20 to a high of KES 15.35, showing a general increase over the months.
8 Things You Should Know this Morning
1. KNUT Rejects Government’s Back to School Offer (Video) Amid the chaos, the Cabinet is now proposing an extension of the third and final school term to allow students in public schools to recover the time lost owing to the ongoing strike. But the National examinations body KNEC is…
The Stock Market Today
A look at how shares traded at the stock market today
Time For Tax Policies to Enter Politics
Watching the RNC and DNC, you note that the word "tax" keeps popping up, whether it's increasing tax on the rich to peg a deficit, or even out taxes for the middle class to keep them at work and their businesses open. American politics is in a league of its own. so what's wrong with us?
Interest Rate Spread Too High, Says CBK Governor
In the last two weeks, banks have been lowering the interest they charge on loans after the Central Bank of Kenya (CBK) lowered its rates to 13% from 16.5%. This move has been viewed by many as…
Duo from Kenyatta University Win 2012 NSE Investment Challenge
The Nairobi Securities Exchange earlier today awarded the team of Michael and Joseph from Kenyatta University who emerged the overall winners of the NSE Investment Challenge 2012; a 3-month long simulation of the Kenyan Stock Market held once every year. Winners of the competition stand…
Ministry Gets KES 25 Billion to Boost Water Supply
Kenyans may soon have access to a reliable water supply as the government moves to upgrade some systems in and around the city of Nairobi. According to the Ministry of Water and Irrigation, the government intends to sink wells as part of a project aimed at…
Kopa Credo, What You Might Not Know
Yesterday we broke down all you might need to know about Okoa Jahazi, a credit airtime purchase service by Safricom. Today we take a look at Kopa Credit, a similar offered by Airtel Kenya. Airtel subscribers who find themselves stranded and unable to purchase…
Numbers Say: Patience pays
British American Tobacco Kenya Ltd (BAT) shares are currently rallying at KES 414 compared to their opening price of KES 89 (approximately) in January 2008. The common stock’s value has increased almost 5 fold since our last general elections. Added to this, the company has been paying out dividends…
Expect a Higher Power Bill This Month
you didn't finish this story. Your lead has to state that the bills will be higher. you need to say how much the price per KwH used to be so people can know by about how much and a lot more little details.
Read the Business Contract Between the Lines
Business contracts in invisible ink may probably be the most absurd thing that you've heard in a long time. Yet it's true. A lot of the terms that you agree to when you are signing a business contract may not be in black and white. They may just be hiding somewhere between the letters.
Tax Matters V: Penalties and Exemptions
Penalties As a Kenyan taxpayer, there are various penalties that you will be slapped with by the taxman, for various offenses committed in the course of submitting your taxes. For Late payment of tax, you are charged 20% penalty. This will be charged just once, 2% interest…
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