Performance in the Nairobi Securities Exchange was generally better. The NSE 20-Share Index closed at 4148.79, up 27.66 points from yesterday. The All-share index followed suite closing at 91.83, up 0.01 point from yesterday.     HIGHEST VOLUMES Kenya Commercial Bank was the highest performer with 3.08…

Thika Superhighway will be commissioned on Friday, 8 months off scheduled completion date and KES 4 billion more that it was initially anticipated to cost.

To celebrate mark its Christmas-themed offer, StarTimes media has reduced the price of its decoders by KES 1,000. As of 1st November to 31st December, StarTimes decoders retail at KES 1,999 from KES 2,999. Under this offer, purchasing a decoder and subscribing to a…

Pioneer Gulf has promised to deliver affordable electronics and quality customer service to the Kenyan market.

Today Hip hop is generally accepted and it's influence on urban culture the world over can't go unnoticed. Its artistes gross millions of dollars annually and some have grown their fortunes to near billions. A sign of meticulous money management. We have Jay-Z being invited to perform in Obama's Presidential campaigns to a mainly white audience or Forbes magazine compiling lists of the industry's top earners or the next door teens trying to dress like and copy Camp Mulla. Entertainment and culture aside, would you take financial advice from a Hip Hop songs ?

The new Prudential Guidelines and Risk Management Guidelines issued by the Central Bank of Kenya (CBK) for all applicants intending to be licensed, conduct banking, mortgage or financial business in Kenya will come into effect on 1st January 2013. “Pursuant to its mandate of fostering…

Independent Kenya has had income tax, corporation tax, trade taxes and excise taxes. The value-added taxes were introduced later. We take a look at taxes in independent Kenya.

The 20-share index performed better yesterday as it closed at 4121.13 points. The All-share also improved performance and closed at 91.84 points. We shall focus on Kenya Airways and Safaricom Limited. Safaricom is to make an announcement on their results thus far and it could lead to significant changes in…

How Nairobi Water plans to nub illegal water connections, monitor water consumption and bill it's 250,000 customers.

On a daily basis, I get customers who walk in and ask for loans. Naturally, I ask to look at the account statements as the bare minimum before determining viability of the application and advising whether to proceed, or forget. Different lenders check out for different things in statements presented. Again, different loan types call for different viewpoints in analysing bank statements. Just what do you need to know?

1. JSC Defend Move to Buy Luxury Cars The Judicial Service Commission (JSC) has defended its decision to acquire 40 limousines for judges The commission also dismissed a car loan scheme offered by the government for judicial officers as untenable. It further…

Statistics from the Kenya National Bureau of Statistics (KNBS) for last year indicate that the industry’s contribution to the economy came to KES 7.25 Billion in 2011. Why are we nationalising it?

If you are curious about all the weird, strange and just odd ways that people have died around the world, this is the app for you. iDied, from MicroSECONDS Computer Consulting, is indeed a quirky app, name and all, with a database of more than 400…

The Central Bank's Monetary Policy Committee has come to the rescue of borrowers slashing the base rate to 11% down from 13%, with commercial banks expected to follow suit. Falling inflation and a stable local currency have been the major drivers for this move.