Pesatalk Numbers: November Second Week…

Nakumatt has launched a Christmas reward program where all shoppers doing shopping worth KES 1500 and more stand a chance to win between KES 5,000 and the grand prize of KES 1m

The lists do agree with my argument last week - The United States with a production of $ 45,000 (KES 3.8 million)per citizen per year and the DRC producing $ 350 (Ksh. 30,000) per citizen per year all show no difficulty in their ability to afford war. There is however remarkable difference in the ability for rich and poor countries in their ability to afford health care, or clean piped water for their citizens.

The performance at the Nairobi Securities Exchange was a first as both major indices recorded increased performance. Investor portfolio value went up and market capitalization increased by KES 4 Trillion. The 20-share index closed at 4160.49 and the All-share index at 92.66. Today we shall focus on the banking…

1. Africa Could Attain First World Status by 2048 Africa’s economy could grow and attain “first world status” if it sustains a two per cent annual growth rate over the next three decades. In a new book titled: The fastest billion – The Story Behind Africa’s…

To travel on the Commuter train you will have pay KES 120 one way during peak hours, KES 110 during off peak hours with return tickets going as high as KES 220. Are these fares affordable to the average Kenyan?

There was a recorded increased performance from both the NSE 20-share index and the All-share index for the first time this week. Good news all round for investors whether they had a diversified portfolio or one focused on a few shares. The All-share index closed at 92.66 points,…

We may have missed this earlier this week, but we have it now. Airtel Kenya has launched, relatively, new data and voice cards that allow users to either purchase airtime directly from the scratch card or acquire airtime. The cards come in denominations of between KES…

Konza city will officially be launched towards the end of the month by the president. This was announced by the PS of Information and Communications during a breakfast meeting this morning at the Laico Regency Hotel. Ground work however, has already started with a number of ministries having already received funds.

yuMobile has hit the 3 million subscriber mark, and has been the fastest growing mobile operator in the last 1 year gaining 68% of total industry new subscriptions in the period.

79 percent of the respondents in a recent study want to save regularly because of the impact of global events." What are these global events and should we be worried?

There is an aspect of collateral associated with all loans advanced from formal lenders like banks and micro finance institutions. Just like there are different requirements from various lenders, there are also different loan types that can be secured differently. The most popular loans in the Kenyan market are check off loans. Here, the key aspect of security is an agreement between the bank and the employer to deduct at source and remit to the lender on behalf of the employee. This is done until the loan is fully repaid. What happens when you are in self employment?

Kenyan woke up to reduced fuel prices. The price of super petrol dropped by KES 1.58, kerosene by KES 1.14 and diesel by KES 0.26. Which factors influenced this price drop?

Say goodbye to poor debt-handling behaviour. Vertex 42, a Money Management Software Developer, has a system that helps the user control the amount of money they save or spend, depending on their debt ratio.