Stocks Watch
The shares we will be closely watching in today’s trading at the Nairobi Securities Exchange
China’s here! Let the Competition Begin…
It’s the colonialism of the day – rich foreign nations offer African countries huge easy “development” loans on condition that the African country pledges its natural resources, its markets or its labor. When the African country needs more money or can’t pay the debt (which they never can), more resources are pledged and so on. It’s a perpetual shafting, and that’s why the Chinese increasing presence in Kenya is unsettling.
Is House Insurance Worth all the Trouble?
Insurance has become a major part of our day to day lives. Some people have health insurance while others prefer life insurance. Some register for vehicle insurance and others opt for all the listed choices. But what about property insurance?
Barclays Bank to Merge African Operation with Absa
Barclays Bank Kenya has notified the NSE of a planned merger of Barclays Plc’s entire African operation with South Africa’s Asba Group, news reports say. “Shareholders are advised that, in line with their strategy to operate as One Bank in Africa, Barclays…
8 Things You Should Know This Morning
1. Workers to get unemployment benefits with rise in NSSF fees Kenyan workers will give a bigger portion of their salaries to the National Social Security Fund (NSSF) if Parliament passes a Bill seeking to directly link members’ contributions to their gross pay. NSSF, the public pension…
Closing Bell – 21 August 2012
A summary of share trading activity at the NSE today
The Actual Cost of Subscribing to DStv Mobile
DStv Mobile today announced a reduction in both costs of DStv mobile devices and montholy subscription to DStv mobile channel bouquets. Based on the DStv mobile device you choose and channel bouquet you subscribe to, below is a breakdown of the initial costs of getting a…
Rent: From Paying to Being Paid
In the real estate sector, landlords are the corporate elite. They own the houses and charge the rent. They decide the prices as they sit in their town-houses and count their money, hoping that the inflation rate forever works in their favor. So what if you…
Numbers Don’t Lie; They Just Stretch the Truth
Some PhD student puts the number in his report, some reporter picks it up and puts it in a article, some NGO picks it up and marks it up a couple of thousand in their proposal. This proposal is seen by some PhD student and voila the cycle continues. Is this really how statistics come about?
Barclays To Launch UK-Kenya Mobile Money Service
Barclays Bank will launch a person-to-person payments service that enables people to send and receive money using mobile phone numbers from the UK to Kenya. Launched in the UK earlier this year, Pingit, allows users to download a free, password-protected app for…
DStv Introduces Up to 33% Discount Mobile Devices
Get up to 33 per cent discount on DStv Drifta mobile decorder, Walker Handheld TV and DStv Drifta USB decoder at all Multichoice offices, Nakumatt, Tuskeys, Naivas, FoneXpress, PhoneLink and Uchumi outlets country wide. Image sourced from: igeek.co.za Walker Handheld TV Now retailing for KES 7,500* down from KES…
PesaPortfolio – 20 August 2012
A look at the PesaPortfolio this Monday
Location, A Home-Owner's Deal-Breaker
All these factors are critical when it comes to making such decisions. They help potential home-owners to weigh their options before making long-term commitments. But once the financial aspects of home ownership are settled, an equally important factor has to be considered; location.
Nakumatt’s Eid Mubarak Special Offers
To celebrate Eid, Nakumatt is offering discounts of up to 15 per cent on select goods and services until the end of this month. Some of the products on discounted prices include: Purchase Lucozade energy 300 ml bottle and can and get the buy one get…
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