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99% of Kenyans with an internet subscription (6.49 million as at 31st March 2012) access the internet through mobile devices. With 30 million mobile subscribers, and a mobile penetration of 71.3%, it means that there is a huge part of the population (approx. 25 million) is without access to job listings posted online. How do we reach those guys?
Jubilee Holdings Scoops Best Pension Provider Award
Jubilee Holdings Limited has been named the country’s Best Quoted Company (runner up) and best Pension Provider at the Capital Markets Authority (CMA) Awards 2012. According to the insurer’s official press release, Jubilee scooped the Best Pension award based on stable investment returns and…
8 Things You Should Know this Morning
1. Technicians reactivating fake phones at Sh1,000 Barely a week after mobile phone operators switched off fake handsets, technicians in the backstreets of Nairobi are activating the gadgets for as little as Sh1,000. According to the industry regulator, Communications Commission of Kenya (CCK), the technicians are copying…
Government to Educate Insurance Stakeholders on New Draft Guidelines
The Insurance Regulatory Authority (IRA) plans to host a workshop on draft guidelines for the insurance sector today. According to the Authority’s CEO and Commissioner, Sammy Makove, the IRA will be targeting stakeholders within the industry. Participants will include representatives from the country’s insurance companies as…
Budgeting Your Way Out of Debt
To most, living by a budget is a life void of fun. It’s assumed to be lifestyle crunched with numbers trying to confine oneself to a restricting lifestyle. Done correctly, budgeting ought not to be that way, if anything; a budget should relieve all strain on your financial…
The Stock Market Today
The NSE 20 Share Index closed a 3971.68, a increase of 4.12 from last Friday’s 3975.80 points. The All-Share Index performance was down 0.57 points from last Friday’s 87.54 points to close at 86.97 HIGHEST VOLUMES Mumias Sugar Company was the highest traded counter today with 1.98 million shares traded while…
Will Duty on Mobile Money Affect You?
Finance Minister Njeru Githae has said that the introduction of a 10% excise duty on mobile money transfers and any other fees charged by other financial institutions will not affect the consumer in anyway. The Minister clarified that the duty will be paid by the service providers and will…
The Twelfth Man
Football is associated with passion, emotion, excitement and dedication. A game that is so intense that it could make a man break down into tears. This is the story of the twelfth man, a staunch football fan.
Hill+Knowlton Wins PR and Marketing Award
Hill+Knowlton Strategies East Africa has been named the transaction adviser of the year (PR and Marketing ) in this year’s Think Business Capital Markets Awards. The panel of judges unanimously awarded the agency for its role…
Flexible Housing Loans, What You Need To Know
A flexible mortgage is a housing loan that gives the borrower the freedom to make payments whenever the money is available. Sounds like the ideal type of loan doesn't it? But what does the fine print say?
My Money in My Twenties: My Financial Milestones
Most 20 year old start working early in their twenties. Compared to 30 year olds, 20 year olds have less financial responsibilities meaning they are at an ideal age to start accumulating wealth. Are you on the path to accumulating wealth? Here are a couple of financial mile stones, searched up from the internet, which you ought to have covered by the time you turn 30.See how well you match up.
Buy Data Bundles, Get a Free Modem and Save KES 1,999
Safaricom Limited have unveiled a new modem offer where subscribers buy 4GB data bundle at KES 2,999 and get a free modem. Let’s see how much you stand to save from the offer. From our inquiry, the above free modem has 7.2 Mbps download and 5.76…
The Stocks We're Watching Today
Our focus today on Nairobi Securities Exchange stocks watch shall be on the telecommunication and technology sector with specific attention to the Safaricom counter. We shall also be looking at the Standard Chartered Bank and Williamson Tea Ltd counters. See a summary of last Friday’s share trading …
Business Plans, and Handling Them
I remember the first business plan I ever wrote. It was about thirty pages long. It was really boring if I say so myself as I had simply put in as much information as I could to overwhelm anyone attempting to read it so that they would hopefully take me seriously. And it was rather silly.
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