Kenyan Traders Protest Presence of Chinese Hawkers
The Chinese, building roads, hotels, corporate leaders and hawking??
Stocks Watch
The shares we will be closely watching in today’s trading at the Nairobi Securities Exchange
Operators to be Fined for Poor Service
The Communication Commission of Kenya (CCK) is closing in on ensuring that Kenyans make informed choices in the mobile telecommunications market. Information Minister Samuael Poghisio said in parliament on 16th August 2012 that the ministry is planning to ammend the Kenya Information and Communications…
Kenya Power's Inconveniencing Convenience
By June, 2011, Kenya Power had installed these meters in about 123,000 houses, mostly in Nairobi. This means that 123,000 households were now in complete control of their power spending. Or at least that's what they thought.
What's Wrong with Express Kenya's Numbers?
Express Kenya’s recently released half-year financial results show a discrepancy in the pre-tax profit posted for the six month period to June this year, among other questionable figures. According to the financial results made available by the Nairobi Securities Exchange yesterday afternoon, the company has…
8 Things You Should Know This Morning
1. UK city goes rogue, opts for own currency As Britain loses faith in its banks and feels shockwaves from the euro crisis, one city is trying to keep local wealth in local pockets with the launch of its own currency. The Bristol pound — usable only…
Free Visas to Dubai
Kenyan flight passengers are set to benefit from a free Visa deal as Emirates moves to increase its passenger traffic within the region. The airliner is offering free visas for flights to and from Nairobi and Dubai. The deal applies to flight passengers from all classes regardless of…
Closing Bell – 16 August 2012
INDICES The NSE 20 Share Index today climbed 0.09 percent today to 3,804.54 points from 3,801.03 points yesterday while the All Share Index also edged up, climbing 0.53 percent to 83.60 points from 83.16 points yesterday. Source: FILE HIGHEST VOLUMES…
KRA Alters Collection Procedures as Deadline Arrives
Due to increased diversion and use of counterfeit cheques, the Kenya Revenue Authority (KRA) has changed its tax collection methods. Taxpayers paying more than KES 100, 000 and Less than KES 1 Million will be required to use the Electronic Funds Transfer (EFT) facility. Alternatively, taxpayers can…
Get paid to Save Water
Banki Ya Maji, a new app, is being developed that will see you earn from reducing the volume of water you use daily. This service will entail an individual/household opening an account with Banki ya Maji (BYM) , principally via the internet providing the required details. Thereafter, BYM will…
Discounts? There's an App for that
Kenyans may soon have access to all the latest deals and discounts that retailers have to offer. A team of three young entrepreneurs is developing a mobile phone application (App) that points out price cuts to the consumer. The service, dubbed Twanga, will also help retailers clear their…
KES 100,000 For a Personalised Number Plate
You can now have that personalized registration plate after all. The Registrar of Motor vehicles will require you to replace worn out plates at a standard fee of KES 50,000 while acquiring a new one will cost you KES 100,000. The Transport Ministry has lifted the…
Africa's Economy Thriving on 'Influenced Spending'
As African economies grow, the growth is trickling down and people have more disposable income. Their spending patterns are being dictated and shaped through media and other influences as Africa ‘opens up.’ The middle class are on the rise.
Stocks Watch
The shares we will be closely watching in today’s trading at the Nairobi Securities Exchange
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