NIC Bank Nets More than 2 billion to June
Profit grew mainly on higher interest income which doubled to 5.6 billion shillings from 2.72 billion last year amidst a high interest rate environment
Do You Need to Study a Marketable University Course?
Initially, many dream of making the cut for prestigious courses in campus. Ask any kid of their dream job, and you will probably get doctor, lawyer, pilot, architect or an engineer. The truth is that only 46,000 people get picked to go to university. So how many do you think get their ideal course?
Stocks 101: Why Would I Buy Shares?
Studies have shown that shares are a good investment to make more so for long-term gains
Stocks Watch
The shares we will be closely watching in today’s trading at the Nairobi Securities Exchange
8 Things You Should Know This Morning
1. CCK rules out compensation for fake mobile phones Owners of the more than two million counterfeit phones that are expected to be switched off next month will not be compensated. The Communications Commission of Kenya (CCK) says it has reached an agreement with the Consumers Federation of…
Closing Bell – 23 August 2012
A summary of share trading at the Kenyan Stock Market today
Pay As You Drive Vs Normal Car Insurance
Gateway Insurance recently launched a new motor insurance service that appears to be a good idea. The concept seems simple enough; Vehicle owners pay less for insurance the less they drive. The service is called Pay as You Drive (PAYD). This seems like a reasonable deal…
CCK Delay Eats Into Dealers' Profit
Dealers in television sets are wary over delayed proceeds. This is being attributed to Communication Commission of Kenya (CCK) delayed issuance of licenses to television manufacturers who cannot start shipping the sets before the licensing from the regulator. LG Electronics Kenya Corporate Marketing Assistant Manager…
CFC Chief Shareholder to take up 60% of Rights Issue
CFC Stanbic Holdings‘ key shareholders Stanbic Africa Holdings Limited (SAHL) has disclosed that it will take up its full entitlement in the upcoming Rights Issue. This has been revealed by the CFC Stanbic Holdings(CSH) board in a statement on the disclosure of…
NSSF Pushes for Improved Retirement Plans
The National Social Security Fund (NSSF) has made moves to establish a bill that will provide pension schemes for all Kenyans across the board. According to Kenya College of Accountancy (KCA) University Chancellor, Prof Arthur Eshiwani, the proposed statement will give members of the…
Failure and investing
The world of investing has it's fair share of both success and failures,but in this context failure is be defined by the inability of an investor to meet their financial goals,especially those tied to wealth creation,mostly leading to bearing of huge losses.So what separates a good investor from one who is bound for failure?
CMA approves CFC Holdings Rights Issue
The Capital Markets Authority (CMA) yesterday approved a Rights Issue for CfC Stanbic Holdings. A statement from CMA says that the Rights Issue was approved in accordance with the requirements of Regulation 11 of the Fourth Schedule to the Capital Markets Regulations,…
The Cost of the Water Shortage
Few things are more relaxing than a hot shower at the end of the day to help the body recover. Unfortunately for most Nairobi residents, running taps and showers are luxuries reserved for a select few. Dr. Alex Awiti, an Ecosystems Ecologist based at Aga Khan…
Beba Card, Why Not?
Joining Kenya’s cashless payment modes earlier this year was Google’s Beba Card. The NFC-enabled card comes in handy at budgeting for the month, and in reducing the hustles that come with payment of fares by cash. Most of us were also secretly hoping that the card would,…
Get a Smart Phone of Your Choice on Credit
Safaricom Limited is offering you an opportunity to buy a smart phone of your choice on credit in 12 monthly installments. This product dubded: Smart Choices for a Smart Lifestyle, Safaricom gives you an opportunity to buy a smart phone through either bank financing or credit…
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