Pirates in a Digital Sea
The recent cap in unlimited internet bundles has dealt a deadly blow to some of the country’s more notorious internet users. This band of vagabonds abuses all the freedom that the internet has to offer. While the common market is browsing, other subscribers are illegally downloading music, movies…
Tax Break for Disabled Persons
Back in 2010, the Minister for Finance (and DPM) published The Persons With Disabilities (Income Tax Deductions and Exemptions) Order, 2010 whose aim is to exempt a part of the income earned by persons with disabilities from taxation. The first 150,000/= of ones income per month is exempt from tax but…
Could Inflation Fall Affect CBR?
The Kenya National Bureau of Statistics (KNBS) has released Consumer Price Indices (CPI) and rates of inflation for the month of August 2012. The rate of inflation has been on a downward trend since November last year with a drop month-on-month. The overall inflation…
Closing Bell – 31 August
A summary of share trading activity at the stock market today
Mumias Profit Misses Analyst Targets by 40 pc
The situation was little changed with revenue which despite climbing 6 percent to 18.7 billion, was still below SIB’s 21 billion shilling year-end forecast.
Building Materials Producer Braces for Lower Prices
The cost of building materials may go down, given the recent fall in interest rates and fuel prices. Cement, galvanised sheets, concrete tiles and steel rod prices are likely to drop as soon as these new market trends gain traction. According to DEVKI Group…
Was August A Friendly Month?
If latest statistics from Kenya National Bureau of Statistics (KNBS) are anything to go by, August was a friendly month for Kenya. The Consumer Price Indices (CPI), measure of changes in the price level of consumer goods and services purchased by households, decreased by 0.31 per…
Is Sugarcane Farming Modern Day Slavery?
At the foot of the food chain is the cane farmer who pays for all this inefficiency. When it comes to payment, the miller recovers all their costs and leaves the residue for the actual producer. For all his labor, the farmer gets paid kes 3,800 per ton of cane. Then they say Lincoln freed all the slaves.
Inflation Rate Drops to 6.09%
Kenya’s overall inflation rate for the month of August 2012 has dropped to 6.09 per cent, down from 7.74 per cent in July 2012. The last time Kenya’s inflation rate stood this low was in January 2011 when it posted at 5.42 per cent.
Your End of Month Shopping Discounts
Below are a couple of deals that will cut down your end of month shopping expenses.
The PesaPortfolio – 31st August
A look at the latest value of The PesaPortfolio
KNBS to Post August’s Inflation Rate
Kenya National Bureau of Statistics (KNBS) is expected to release Consumer Price Indeces (CPI) and rates of inflation for August 2012, today, 31 August 2012. Fuel price dropped in August as compared to July. The drop in Diesel and super petrol prices could result in a drop in the transport…
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