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A Budgeting System that Just Might Work for You

Sticking to a budget can be one of the most difficult tusks to implement. Cashless transactions are gaining popularity and the tendency to over-spend has become a norm for many, with or without a budget. There’s one budgeting system that might just work for you. I’m…
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21% KQ Staff Accept Layoff Package

Kenya Airways has announced the completion of its staff rationalization programme which it says has been a success. The rationalization program has since seen 126 employees representing 21 % of the estimated 600 members of staff that will leave the airline, volunteering to take up…
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Common Spending Saving and Borrowing Mistakes

Saving spending and borrowing are sensitive areas. No one likes to talk about them. By virtue of this people don't know exactly how to gp around such issues. Here are a couple of common mistakes people make in this field.
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Tax Matters III – Rental Income

See Tax Matters I here and Tax Matters 2 here. Notes You Should Take on Rental Income Taxation Dear Landlords, Landladies and faithful tenants. This affects you. First, you’ll need to note that Rental income is taxable under Section 3(2) (a) (iii) of…
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NIC Bank Performance in the Market

This is part of a series of articles sponsored by NIC Bank. NIC is currently having a rights issue that will close on September 14th.
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International Oil Prices on the Rise

Following a significant drop in international oil price in June 2012 that resulted in the recently witnessed drop in local fuel prices international oil prices are back to a steady rise. As at the beginning of July 2012 international oil prices have been on a steady…
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Pre-paid Electricity Meters Going National

Kenya Power yesterday, 5 September 2012, launched the second phase of the pre-paid system that will see pre-paid meters installed to customers countrywide, with the company planning to connect 520,000 customers to the new system by June 2013. The pre-paid systems, launched in 2009 as a…
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Stocks We Are Watching Today

The shares we will be watching at the NSE today
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5 Years Later, The Bonga Points Story

Five years down the line, more amendments have been made to the Bonga Points program. In addition to redeeming your points for phones, you can redeem add some cash and get a phone. What's the story behind Bonga points? Take a look.
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8 Things You Should know this morning

1. Airtel Invests in Life insurance  Bharti Airtel partners with Sanlam, one of South Africa’s leading financial providers. The mobile phone service provider has announced that it will be using its East, West and South African reach to help the insurer distribute its…
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Travelling? Carry Snacks, Always.

What happens with this shops is called a captive a market. A market where people can sell what they want at whatever price because there are no options. It's either buy, or go home. And even home is not an option. After all, you didn't travel halfway to the Maasai Mara to turn back homeward for a pack of cashew nuts. solution? Carry your own snacks.
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Airtel Invests in Life Insurance

Kenyans may soon have access to new life and medical insurance services as Bharti Airtel partners with Sanlam, one of South Africa’s leading financial providers. The mobile phone service provider has announced that it will be using its East, West and South African reach to help…
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Insuring Your Car, Piece by Piece

Despite the fact that every private vehicle owner should have it, vehicle cover can become a burden. Potential policy holders sometimes fail to realize that a so called comprehensive vehicle insurance scheme is, in reality, a very selective cover. Car parts are insured as individual pieces, even…
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Closing Bell – 5th September

A summary of share trading activity at the Nairobi Securities Exchange
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