Changes Coming To DStv
As of 1st October 2012, DStv subscribers will get 8 genre themed movie channels. Under the tagline ‘Movies for every Mood’, channels will be themed according to movie type. The themes include: M-Net Movies Premier M-Net Movies Comedy M-Net Movies Family M-Net Movies Action+ M-Net Movies Drama &…
Ministry Reports Insufficient Medical Cover for Informal Sector
The Ministry of Medical Services has reported that low-cost health insurance schemes lack the capacity to cover members of the informal sector. The Ministry stated that the cost of medical services outweigh the contributions of the policy holders. Minister for Health, Prof Anyang’ Nyong’o said that…
MPs Paid 'Peanuts'?
Kenyan MPs earn a basic salary of KES 200,000 and a total of KES 651, 000 in allowances every month. In total, the honorable members take home KES 851,000 a month on average with other benefits which bring the figure in excess of KES 1 million . Peanuts.
Buy What You Want To Watch With DStv
DStv will soon start selling specific programmes to its subscribers, under the ‘video on demand’ model. As posted in the Business Daily, DStv subscribers will use their remote controls to bring up a list pf pre-loaded programmes from which they can select the ones…
Stocks We Are Watching Today
The shares we will be closely observing in today's trading at the Kenyan Stock Market
NIC Rights Issue;Timetable of Principal Events
This is part of a series of articles sponsored by NIC bank. NIC are currently having a rights issue that started on 27th August. Read more about their rights issue here. …
Sweets for change? Bring your own coins!
However, the same ego will see them insisting that supermarkets should stop attempting to rob them by ensuring they give change in full, including the worthless, heavy, Ksh.1 coins. So, if they get Ksh 1 coins from the supermarket as change, where do the coins go, such that no one appears to have Ksh 1 coins when paying for their shopping?
8 Things You Should Know This Morning
1. Alarm as loan defaults rise by Sh4bn steep rise in the cost of loans that started at the end of 2011 has left many borrowers incapable of servicing their debts, pushing up the level of default across the banking industry. The volume of non-performing loans…
Closing Bell – 30th August 2012
A summary of share trading activity at the NSE today.
Buying a Car? Think like a Businessman
With entrepreneurs making a killing from the motor industry, buying a truck or a pick-up can seem like a good idea... It therefore makes sense to know what you’re getting into before spending all your money on some half-baked investment scheme.
Potato Prices Steady Despite Increase in Bag Sizes
Potato farmers are making losses due to an increase in their packing bag sizes. The Kenya National Potato Farmers Association (KNPFA) reports that farmers have been forced to charge the same price for potatoes regardless of the fact that they use bigger sacks. KNPFA National Secretary,…
What Yu Net Has To Offer Mobile Phone Users
We have so far covered Safaricom’s, Airtel’s and Orange mobile internet data plans designed for mobile phone users, today we will look at what Yu mobile has to offer. Yu Mobile, the only mobile service provider yet to join the…
CIC Profits Dip Below Half Billion
Earnings were hurt by higher claims and benefits to policyholders which rose 61 percent to 2.1 billion shillings.
NIC Bank To Close For System Upgrade
NIC Bank will remain closed from Friday September 31st to 2nd September 2012. The bank which will be upgrading its systems will close doors for all over the counter transactions. The bank’s ATM services will be functional through the period. In an email…
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