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Planning Ahead: Motor Insurance

Car insurance is one of those things that are never really useful until they are useful. Until someone hits you, or vice versa, it is just another expense that you'd rather ignore. What are your options with this?
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FTSE Government Bond Index to Take Effect Tomorrow

Starting tomorrow the 3rd of October, Government of Kenya Treasury Bonds listed on the Nairobi Securities Exchange (NSE) will be measured by the new FTSE NSE Kenyan Shilling Government Bond Index borne through collaboration by the NSE and FTSE – the international index company.
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Some Genuine Phones Succumb to Switch Off

Some mobile phone users found themselves victims of the recent counterfeit phone switch off despite having genuine handsets. We stumbled on such a case on Airtel Kenya Twitter handle where a user complained that his original phone had been switched off. Shedding light on the counterfeit…
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WiFi Coming Soon to Your Favourite Restaurant

EatOut Kenya, Google and Wazi WiFi are teaming up to provide restaurant owners in Nairobi with internet solutions for  their customers. This, they say, will help restaurant owners grow their businesses as well as offer patrons value added services.
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The Stocks We Are Watching Today

Our focus today on Nairobi Securities Exchange stocks watch shall be on whole sectors and we will direct our attention towards the agricultural sector and the banking sector: See a summary of yesterday’s share trading here. Agricultural Sector – This sector has in it agrarian-based counters such…
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8 Things You Should Know this Morning

1. IEBC Warns Voter Registration 30 Day Period Won’t be Extended Voter registration will be a 30-day exercise and will not be extended, the electoral commission has announced. Independent Electoral and Boundaries Commission (IEBC) chairman Isaack Hassan said on Monday that registration would start…
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Investing in a Green Economy

Climate change is one of the most debated topics in the world, and it makes sense. The polar ice caps are melting. The average atmospheric temperature is about 0.8 celcius. It's crazy. Maybe it's about time we invested in a greener future. Clifton clearly thinks so.
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Safaricom Complies With Directive to Switch off Counterfeit Phones

Through a press release posted on Safaricoms’ website, dated 1st October 2012, Safaricom Limited has confirmed that it has completed the blocking of all counterfeit mobile phone handsets on its network. Safaricom indicated that the mandatory exercise which begun at midnight on 30 September…
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The Stock Market Today

INDICES The NSE 20 Share Index performance dropped on this first day of October by 6.28 points to close at 3965.75 from 3,972.03 points on Friday. The All-Share Index performance dropped by 0.21 to close at 87.17 points from Friday’s 87.38. HIGHEST VOLUMES Safaricom shares were once again the highest traded…
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Funding for Kenyan's Studying Abroad Halted

Kenyans studying abroad will no longer get loans and bursaries from the Ministry of Higher Education Science and Technology. In a letter addressed to Kenyan Embassies and High Commissions, the Ministry instructed foreign missions to inform Kenyan students residing in the respective countries of tne new developments.
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The Budget Plan Face Off

Last week we looked at three budgeting systems: The Balanced Money Formula The 60% Solution The Budgeting Plan We have different financial goals. For some it’s to maximize on savings while for other’s it’s all about spending. We’ll compare the above budgeting systems to…
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How to Make Claims on Your House Insurance Policy

Some Kenyans with house insurance tend to assume that everything is covered under whatever policy they take up. The truth of the matter is, only a comprehensive cover can yield relatively substantial returns in the event of an accident.
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My Money in My Twenties: Are You Ready to Move Out?

Moving in by yourself is one of the most exciting events in one’s life. The thought of finally being responsible for yourself and to live by your own rules is in describable; however, moving out before you are in a position to support yourself can be disastrous. A couple of things you may want to know before you leave.
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Plans to Lower Call Rates Delayed

Plans to lower Mobile Termination Rates (MTR) – the amount of money an operator pays another operator when its subscribers call the other network – have been shelved till end of October pending the conclusion of a study on the effects of lowering the MTR. As…
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