8 Things You Should Know this Morning
1. Teachers in Fresh Push for 300pc salary rise Teachers will on today ask for a fresh 300 per cent pay rise. The Teachers Service Commission (TSC) has invited representatives of the Kenya National Union of Teachers to a fresh round of talks on…
What Does your Credit Report Say About You?
The summary shows how many instances of default are held on your record. There is also provision for total bounced cheques you have issued, any cases of fraud you have been associated with, number of loans you have applied for previously, any legal suits you are involved in and how many times your credit report has been requested for by either you or any institution that can access the system.
Just what does this mean to you?
25% Extra on Yu Airtime Bought at Nakumatt
Get 25% extra Yu airtime when you purchase Yu Airtime from Nakumatt Tills. The extra airtime can be used to make calls across all networks and is valid for seven (7) days from the time of purchase of airtime. To qualify for the offer you must purchase at…
The Stock Market Today
The performance of the Nairobi Securities Exchange was lower today despite having gone over the 4000 points mark. The NSE 20 Share Index performance was down 18.38 points to close at 4014.03 while the All-Share Index performance was up 0.48 points to close at 88.50 HIGHEST…
CBK Rate Cuts Re-Ignites Activities in Real Estate
With mortgage rates going down in the third quarter, property asking prices jumped in the last three months on hopes of renewed activity.According to property development consultants Hass Consult, the rental market largely absorbed the price increases of the third quarter,…
yuMobile BlackBerry Services for Retail, Corporate Clients
Mobile operator yuMobile recently unveiled its long awaited BlackBerry Service Plan, giving both its retail and corporate subscribers an option of eight BlackBerry service to pick from. The service plans include: i) BlackBerry Internet Service (BIS) The Blackberry Internet Service is…
Real Estate and the Law II
Sitting at one of Kenya’s rural courts one day, I witnessed the drama of a land-related family wrangle between men in their 70s and 80s. They claimed that their deceased father’s wishes regarding the division of the land were not being respected. I have a feeling the reason…
Just What Does Orange Price Review Mean?
Orange Mobile yesterday announced that it had simplified its wireless internet bundles in an alignment of its data bundles. This also meant an upward review of the prices of some of its unlimited internet plans. Let’s compare these adjustments to what the other mobile service providers…
Get a Yamaha Motorbike for KES 350 A Day
Toyota Kenya’s two wheeler wing, Yamaha, has rolled out a nationwide campaign to encourage the youth and other entrepreneurs to take advantage of a financing deal that will allow customers to purchase a Crux motorcycle for KES 350 a day. This, Yamaha says, is…
The Soap Opera Scandal Within CMC: Part One
Scandal surrounding CMC started when long-serving CEO Andy Forster was ousted by the board on alleged nonperformance in March 2011. Six months later, CMC would be on its third board chairman, attracting the attention of government regulators to sort out the fiasco involving boardroom cliques fraud and corruption allegations.
Higher Electricity Bills This Month
Get ready for higher electricity bills this month as Kenya Power adjusts the Forex Adjustment and Fuel Cost Charge components of electricity bills upwards. Electricity consumers will this month be required to pay KES 6.08 per kilowatt hour in fuel cost levy, up from KES 5.99 per kilowatt hours…
The Stocks We Are Watching Today
The securities exchange finally crossed the 4000 mark 2 days ago and has thus far kept on gaining. Today we shall be keeping our eyes on Standard Chartered Bank rights, Uchumi Supermarket and Transcentury Limited. A summary of yesterday’s trading activities can be found here. COUNTERS Transcentury Ltd – The…
Introducing….. Britam
We have seen them everywhere. I am Britam ads pop up round every corner but who exactly is Britam. This series will take you through demysitfying the financial service provider and help you understand them a little more.
Barclays Unveils New Corporate Shariah Asset Finance
Barclays Bank of Kenya has today launched a Shariah compliant Asset finance product tailored for corporate customers and re-launched an enhanced Vehicle Finance product for the Retail market. The product dubbed La Riba Asset Finance will enable corporate customers wishing to acquire moveable assets both…
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