How SACCOs Work
A Savings And Credit Co-Operative (SACCO) is an association of like minded individuals, registered under the Ministry of Ministry of Cooperative Development & Marketing in Kenya, and authorized to take deposits from and lend to it’s members. SACCOs are governed by the SACCO bylaws which state the…
Numbers Don't Lie: October Week 3 [Infographic]
Numbers Don’t Lie: October Week #3…
The BlackBerry Internet Service Plan Faceoff
“I have a little bit of an addiction to work. So I’m always hiding in the bathroom with my BlackBerry to work when I’m on holiday.” – Penelope Cruz If you are looking for a phone that will boost your productivity by allowing you to stay on top of your…
The Stocks We Are Watching Today
The securities exchange closed at 4023.55 yesterday, an increase from Wednesday’s performance on both indices. We shall be focusing today on Safaricom Ltd, Uchumi Supermarket and Kenya Airways. A summary of yesterday’s trading activities can be found here. COUNTERS Safaricom Ltd – The…
Can Redesigned Traffic Flow Make Roundabouts in Kenya Less Painful?
Joining a roundabout while other vehicles are using it might lead to a circular wait, where you block a motorist who was taking the next exit, who in turns blocks a motorist who was taking the exit that you came in through and who in turns block other motorists (probably who were taking your exit) who now blocks you.
Talk about circular logic, Maybe roundabouts should just be eliminated altogether.
8 Things You Should Know this Morning
1. Court Extends Order Halting New NHIF Rates The push by the National Hospital Insurance Fund (NHIF) to effect new medical care rates suffered a fresh blow after a court extended an order stopping its implementation. The High Court has extended an order granted to…
The Stock Market Today
The performance of the Nairobi Securities Exchange was better today having edged up in general. The NSE 20 Share Index performance was up 9.52 points to close at 4023.55 while the All-Share Index performance was up 0.35 points to close at 88.85 HIGHEST VOLUMES For the…
Second Diaspora SACCO Launched
The Kenya USA Diaspora SACCO was officially launched last evening at the ongoing 2012 Kenya Diaspora Conference – USA in Arlington, Virginia.This is the second Diaspora SACCO established after the Co-operative Development ministry registered Kenya Diaspora SACCO in April this year. Kenya Diaspora SACCO is the first Sacco…
What It Costs to Fly in East Africa
Air travel across East Africa could soon be the order of the day with three budget airlines set to battle out for East Africa air travel business. Kenya Airway‘s Jambo Jet and FastJet (Fly540) are bound to set the stage for low fares in local…
Is it Really New and Improved?
But is it really as good as they claim? Take a look at rebranded products like Omo. The popular washing powder started adding “power-foam” to its surprisingly long list of ingredients. Just what in hell’s unholy name is power-foam? Aren’t all powder-based washing soaps supposed to produce foam? Is Omo’s foam somehow superior to all the other soaps in the market?
Does Share Price Analysis Even Work?
The book rubbishes the two methods that have for long been trusted by financial analysts as ways of predicting stock price movements in favour of Efficient Market Hypothesis. His argument being stock prices already reflect the information financial analysts labour to collect and analyse.
Simply put - all that analysis is futile. Or is it?
Britam's Flight Through Time [Infographic]
This infograph is part of a series sponsored by Britam …
Britam, All the Way From 1920
Just how did some obscure company in the Bahamas would become one of Kenya’s premier insurance and financial service providers? Well the story starts in a city called Nassau; way back in 1920.
Bonyeza Ushinde, What Safaricom Stands to Make
Safaricom Limited has unveiled its latest promotion dubbed Bonyeza Ushinde where subscribers SMS and could win KES 1 Million, other cash prizes and airtime daily or win the grand prize of KES 10 Million. To participate, subscribers SMS there name to the number 555 at a…
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