Weekend Notes
This weekend, take note that:- Kenyans are consuming more spirits than before to the benefit of EABL. Daily Nation Errant cooperative societies are on notice. Capital Business Owners of homes that were demolished for being on Kenya Airports Authority land will not be compensated after a forensic…
Group Life Cover – A benefit or Not?
Group life insurance could be counted as a benefit, this means it could be taxted. The Bean Counter looks at the implications of this, or whether it may even happen at all.
Closing Bell – 24 August 2012
A summary of share trading activity at the NSE today
Sameer Beats Higher Costs to 63 pc Profit Growth
Standard Investment Bank has said in a research note that lower finance costs were the main driver of Sameer’s performance
COMESA Pushes for Cheaper Regional Tourism
Delegates from the Common Markets for East and Southern Africa (COMESA) have made plans to reduce the cost of regional tourism among their member states. Speaking during the organisation’s first Regional Sustainable Tourism Forum at the Windsor Hotel in Nairobi, delegates discussed policies for the recruitment…
No Personalized Plates For PSVs and Government Vehicles
The registrar of motor vehicles Francis Meja has said that ONLY private vehicles qualify to have personalized registration plates. Public service vehicles (PSVs), cargo trucks, ambulance and funeral hearse vehicles, diplomatic cars, tractors, and heavy machinery vehicles DO NOT qualify. Those that will contravene to these regulation with inappropriate number plates will be…
Relief for Matatu Users as Rush-Hour Arrests Banned
Commuters in Nairobi can now sigh with relief following a directive to ban all morning and evening matatu arrests. Matatus which most of Nairobi’s commuting population depends on for transport are known for their traffic law breaking culture which has always seen them cracked down and impounded by authorities. The…
Change – A Running Commentary
"It is redundant to speak of the way mobile money has revolutionized the exchange of funds – enabling one to pay for virtually anything" The Bean counter takes us through change, money and it's effects on society.
MultiChoice Open Day
MultiChoice Kenya welcomes the public to its Open Day to be held at the Car park opposite T-Mall, Langata road. It will be an opportunity for you to know more about MultiChoice products and services plus get all of your questions about them answered. In addition…
SACCO Loans Saving Kenyans from High Interest Rates
More Kenyans are signing up with Savings and Credit Cooperatives (SACCOs) for saving, loans and as investment vehicles. According to a supervisory report released by the Sacco Societies Regulatory Authority (SASRA) for the period ending December 31, total assets for the 215 Saccos licensed to…
EABL Sales Top 50 Billion for 2012
Alcohol sales in Kenya grew 16 percent in the year on the launch of new brands while in Uganda sales climbed 38 percent mainly on more efficient manufacturing.
The Beach Boy Economy
With over a million visitors flocking the country every year and a large percentage of them making there way to Mombasa there is an economy that thrives on this numbers. Just how does this Beach Boy Economy work?
Lessons from Total’s KES 259 Million Loss
When Total Kenya announced that they had incurred a loss of KES 259 Million there was uproar? Everyone thought that oil is big business. What exactly does this loss teach us?
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