Kipngetich New Equity Bank Operations Boss
Former Kenya Wildlife Services (KWS) Director Julius Kipng’etich has been appointed Equity Bank‘s Chief Operations Officer (COO). Kipngetich, who is hailed for turning around KWS into a functional institution, has headed it since 2004. He has been serving on the Equity Bank board as a…
Is Your Mobile Network Giving You Value For Your Money?
A recent study commission by the Consumers Federation of Kenya (COFEK) and conducted by India based independent audit company revealed that Telkom Orange has the best voice quality, 2G and 3G data speeds while Safaricom has the widest coverage. Airtel and Yu fared lower as compared to Orange…
The Stocks We're Watching Today
Our focus today on Nairobi Securities Exchange watch shall be on two stocks; Sasini Group Ltd and Standard Chartered Bank. The primary aim of watching them is to measure their volatility to press releases. It will help determine existence of information sensitivity in the Kenyan market. The…
Numbers Say: Tax Avoidance For All.
First of all, calm down; the taxes referred to are not the personal income tax that’s deducted from your pay-check. These are alternative forms of tax that fall under the income tax category but have small charges associated with them, enough to earn anyone a tidy profit. Capital…
8 Things You Should Know This Morning
1. First Independently calculated Government Bond Index Launched The Nairobi Securities Exchange (NSE) working with international Index provider FTSE Group has officially announced the launch of the FTSE NSE Kenyan Shilling Government Bond Index. The index is the world’s first independently calculated benchmark index tracking the principal Kenyan Government bond market. 2. Airtel…
Retiring? Don't Forget the Kids
Aside from providing the basic needs like food, clothing, shelter and education, the working man is expected to give his children something extra; even after they finally graduate.
The Stock Market Today
The NSE 20 Share Index closed at 4069.33, an increase of 124 points marking another cross into the 4000 points range. The All-Share Index performance better by 0.41 points to close at 87.11. This growth could have been spurred by the launch of the Government Bond index today, that…
Budget, Then Save
A survey conducted by Ipsos-Synovate, late last year, showed that only 50 percent of Kenyans put money aside regularly as savings. 46 percent don’t save, 1 percent had no response while 2 percent refused to answer. Some of the main reasons why 46 percent…
KNUT, KUPPET,Civil Servants Union support NSSF Bill
Three key trade unions affiliated to the teaching and civil service fraternity are set to support the planned tabling of a parliamentary bill to guide the transformation of the National Social Security Fund (NSSF) from a provident to a fully-fledged pension fund. The…
5 Steps to Take before Buying a Home
Whether it’s a bungalow, a maisonette or an apartment, everyone needs a place they can call their own. However, Britam reports that Kenya’s property market can only provide 30,000 houses a year despite a demand for more than 200,000 units annually. What’s more, the number of…
What on Earth Do I Mean?
Nemo dat quod non habet. No, that's not sample text, or a filler just a term that is commonly used in business. One of those terms that businessmen and lawyers use when they want to confuse you. Want to get back at them? Read this story you may demystify a couple of the terms.
How Much Are You Spending on Your Smartphone?
We can’t live without them; we can’t have enough of them. We constantly try to figure out the latest features on them. Like it or not, the smartphone has revolutionized the way we communicate and has become a significant consumer of our monthly budget. So just how much does your smartphone cost…
Bonds 101: The Basics
A bond is a debt instrument used by corporations, governments or municipals to borrow from many people at one time in order to raise their financial capital. They are a promise by the issuer to pay you back the principal amount you used to purchase the bond and…
Company Taxes and Compliance
We've always wondered about it at some point or another. What are the purpose of taxes? Why should we pay it? Most of all what would happen if we decided that we just didn't want to? Well, here you are.
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