NIC Expects Over-Subscribed Rights Issue
NIC Bank expects an over subscription in its ongoing Rights Issue. According to NIC Bank Group Managing Director James Macharia, the trend will not be different from the previous time when the bank went back to shareholders to raise more capital. Macharia…
Safaricom Selfcare, an Alternative to Managing Your M-Pesa Transactions
We recently spoke of pesaDroid, an Android app which observes your M-Pesa SMS messages, enabling you to visualize your transactions in different ways as well as generating several statements from these transactions. Unfortunately pesaDroid is currently only supported by android phones, meaning if you have BlackBerry,…
Legalise Prostitution, for Revenue's Sake
With about 20 Billion shillings going untaxed in the Commercial Sex Work realm it is clearly thriving. Why isn't the KRA jumping on this ship? Or at least trying to?
Stocks We Are Watching Today
The shares we will be closely watching in today’s trading at the Nairobi Securities Exchange
IFC Invests 336 billion in Africa for 2012
Within the year IFC funded projects in infrastructure, health, education, small and medium businesses and agriculture.
8 Things You Should Know This Morning
1. Health officers ban food hawking after donkeys found slaughtered The Public Health Department in Naivasha has outlawed hawking of food after four donkeys were found slaughtered. The District Public Health Officer, Samuel King’ori, banned the sale of samosa and mutura until further notice. This came as…
Closing Bell – 28 August 2012
A summary of share trading activity at the NSE today
DStv and GOtv Under Attack From Customers
Gone are days when subscribers would sit back and put up with unsatisfactory service as more Kenyans join the fight for service they have paid for. The latest victim in this recent revolutionary trend is DStv and GOtv, local pay TV service providers under the MultiChoice umbrella.
Scoring Goals Vs Making Investments
Antonio, like many Kenyans, spends at least a full year’s salary on soccer every year. That's a lot of money.
The Cheapest Health Insurance Money can Buy
The Small-holder Irrigation Schemes Organisation (SISDO) has launched one of the country’s most affordable medical insurance policies. Kenyans can now pay a daily premium of KES 34 for health insurance which covers both outpatient and inpatient care. However, SISDO, is not the first low-cost health insurer…
Get The Poor Man Some Infrastruct… Ah Phoey!
This means matatus will probably charge you KES 10,000 for a 2 metre journey, or your car will die out on the way there. If you fall in the car dying category don’t worry. You have plenty of money left from the lunch that you did not have so you might as well use it for fuel. A not so critical look at infrastructure in Kenya,
Why You Need Mobile Banking
It is Friday evening, the last week of the month and you have been waiting for payday so patiently. The day is finally here and you checked with accounts to make sure transfers were done on Tuesday. Whatever the circumstance, the money is in the account. You did…
Insurers Compete for KES 90 Billion Market
Insurance companies have made plans to roll out new services amid the rising number of policy holders in the country. The Association of Kenya Insurers (AKI) has announced that organizations are facing stiff competition as the sector continues to expand. According to AKI, policy holders…
Orange Offer, Up to 60% Discount on Phones
With 33 days to Communications Commission of Kenya (CCK)deadline to switch off all counterfeit phones, Orange Kenya is offering up to 60 per cent discount on 3G enabled devices. Some of the phones retailing at reduced prices include: Phones purchased…
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