The Green Belt Movement, The Rockefeller Foundation, and the Kenya Community Development Foundation yesterday announced the launch of The Wangari Maathai Scholarship Fund. The fund seeks to encourage and promote a youth-led sustainable development agenda that is grounded…
The securities exchange performed better having closed at 4053.79 up 19.71 points from last week Friday’s close. Today we shall be focus on three counters from the banking sector and one other. These are; Carbacid Investments Ltd, Standard Chartered Bank, NIC Bank and Kenya Commercial Bank. A summary of Monday’s…
The amount of letters that Kenyans have been sending has been on a drastic decline. According to statistics from from the Communications Commission of Kenya (CCK), during the last quarter of 2012, the total number of letters sent locally declined marginally by 0.6 percent to 16.6 million from 16.8 million in the previous quarter. For the same year, the total number of letters sent declined by 32.2 percent. Maybe letters are getting a little old fashioned.
There's been much talk about the remuneration of MPs and numbers have been flying left right and centre. So let's make this clear once and for all. Just how much money does your MP take home every month?
Our taxman, KRA, says that Safaricom Limited has emerged the top taxpayer in the country for the financial year 2011/2012. The top ten taxpayers according to KRA goes as as it is in the order below:- Safaricom Limited East African Breweries…
1. Safaricom Named Top Tax Payer Kenya Revenue Authority has named Safaricom as the top tax payer for the 2011/2012 financial year. 2.The KES 170 Million Birthday Song According to Hiskey Daven, the song “Happy Birthday” earns about KES 170…
The positive trend was maintained at the start of the last week of October on both indices. The NSE 20 Share Index performance was up 19.71 points to close at 4053.79 and the All-Share Index performance was up 0.38 points to close at 89.51 HIGHEST VOLUMES…
Even with safe-guards in place there are a number of expenses that could increase as your golden years progress. According to the Zimele Pension Plan and an article from the Kenya Social Protection Review, it pays to be prepared. Entertainment Expenses…
A three day entrance pass ticket to Brew Bistro’s Oktoberfest will cost you KES 2,000. Rupu have a special deal where you could buy a three day entrance pass ticket at up to 70 percent discount on the original price, translating in you spending KES 580 on the…
It’s quite understandable why retirement isn’t a priority for most 20-something year olds. The main concern, at this age, is kick-starting a career rather than thinking about how things will be like in the distance future, if anything is to go by, you will have your NSSF money by the time you retire. As if that's ever enough.
According to Hiskey Daven, the song “Happy Birthday” earns about KES 170 Million every year. It has been copyrighted and is currently owned by Warner Music which was purchased by an investment group. The song was supposedly created by Mildred J. Hill and Patty Smith…
British-American Investments Company is the holding company of the entire Britam Group of companies. What does this mean? And just how many companies does it hold?
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. Using embedded Safaricom sim cards, M-KOPA Solar allows a customer to enjoy the use of a d.light solar home system, while paying daily instalments of KES 40 via M-Pesa…
The securities exchange closed at 4034.07 last week on Friday, an increase from Thursday’s performance on both indices. Today we shall be focusing on 3 listed companies that won different awards in the recent Think Business Capital Markets Awards 2012 ceremony. They are; Britam, Kenya Commercial Bank (KCB)…