The Stock Market Today
The Nairobi Securities Exchange experienced its best performance this year having made significant movement upwards today. Both indices picked their way upwards with the NSE 20 Share Index edging up 22.76 points to close at 4095.26 and the All-Share Index performance climbing up 0.50 points to close at 90.28…
Real Estate and the Law III
Land is extremely valuable as collateral. In fact, I would go as far as to say that for a borrower, it is an asset worth much more than its actual value. A land parcel worth 2 million could be used to acquire several consecutive loans worth a little less than the 2 million and the total amount of the loans may be far more than the actual value of the land.
8 Things to Do Before Selling A House
Owning a house is like having a nest egg. It’s an investment that can be cashed in when the owner decides to lease it or sell it at a profit. Pesatalk previously covered tips on buying a home. This week, we take…
Are Mobile Operators Doing Enough to Keep us Coming Back?
According to Inc., it costs a business about 5-10 times more to acquire a new customer than it does to sell to an existing one, and current customers spend 67 per cent more on the marketers’ product than new customer would. According to the…
Is M-Kopa Solar the Answer to Rural Electrification?
The barrier to large-scale adoption of solar lighting has been the high initial cost of getting solar cells and solar panels needed to harness solar energy. Safaricom and M-Kopa, a mobile technology company based in Nairobi, have launched a GSM enabled pay-as-you-go solar solution where customers buy a…
KRA Targets Mobile Money As They Try to Hit KES 1 Trillion
Kenya Revenue Authority will target be targeting mobile money transfers and the new expanded legislature in its bid to meet the new 1 trillion revenue target set for FY 2012/13. The initial target for the taxman in the new financial year was KES…
The Stocks We Are Watching Today
The securities exchange performed better having closed at 4072.50 up 18.71 points from Monday’s close. Today we maintain our focus on the banking sector, more specifically on Standard Chartered Bank, NIC Bank and Kenya Commercial Bank. COUNTERS KCB – The share closed at KES 29.25, up…
Inside Britam: British American Insurance Company
As we delve into the inner workings of Britam we look at British American Insurance. Who heads it, how does it run and what are its products?
Bring On The Tablet Revolution
Apple thought that it would be “appropriate” to introduce something bigger but not laptop sized to the market. So they made the original iPad. 9.7 inches of touch screen goodness. Initially seen as a “must have” by fans of technology, the iPad became so successful that’s it’s become a tool. And the rest, as they say, is history.
Government Could Introduce Capital Gains Tax (CGT)
The government is prospecting to introduce capital gains tax. Finance minister Njeru Githae told Daily Nation that the ministry is carrying out a study to figure out best ways to administer the tax, while the government seeks to increase its revenue to hit its revenue targets. [Read: The…
8 Things You Should Know This Morning
1. What Does Your MP Actually Get Paid? How much, exactly, do Members of Parliament in Kenya earn? Under the current laws, the pay for MPs and other legislative positions is set by the National Assembly Remuneration Act, which is one of the shortest Acts in the Laws…
Pay Your Electricity Bill via Family Bank
Kenya Power customers can now pay their postpaid electricity power bills at any Family Bank branch countrywide after the two companies reached an agreement aimed at easing electricity bill payments by increasing the number of electricity bill payment options. As posted in…
Safaricom and M-Kopa KES 40 a Day Solar Unit, All You Need to Know
Safaricom Limited has partnered with M-Kopa, a mobile technology company based in Nairobi, to launch a GSM enabled pay-as-you-go solar solution. This credit-sale model is targeted at low income households in rural areas currently dependent on kerosene for lighting and local mobile bureaus for phone charging.
We Will Soon Have Better Beer…And Drink it.
Your beer and whiskey could be getting a lot better, thanks to science. Apparently researchers have opened another can of beer altogether, since they have unlocked the genetic code of barley, a key ingredient in both beer and spirits. This could not only improve yields and disease resistance…
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