The NSE 20 Share Index today gained 8.56 points to 3,950.97 points from yesterday’s 3,942.41 points while the All Share Index gained 0.14 points to 86.43 points from 86.29 points previously. Image source:”FILE” HIGHEST VOLUMES Safaricom shares were today the…
Property insurance is not as simple as it sounds. There are a number of factors involved long before anyone can apply for a policy. So what are these figures and facts, and where should you best insure?
Whether buying a new computer, smart phone, tablet or laptop, we’re all exposed to technology in one way or another. We run to buy the “in thing” because it will keep us ahead of our peers. What we don’t know is that we’re buying medical check-ups and lifetime diseases. That…
Chase Bank Kenya has announced that it will be using Postbank branches countrywide as its agents beginning today. In a statement on the official Chase Bank facebook page, the bank said Postbank will from today act as its agent providing clients…
Britam has unveiled a new service that will allow potential home-owners to apply for 100% financing on mortgages. The product, dubbed Collateral Replacement Indemnity (CRI), is the first of its kind in Kenya. Britam adopted the idea from Home Loan Guarantee, a South African…
Here are the shares we will be closely watching in today’s trading at the Nairobi Securities Exchange: Unga Group – The shares closed at KES 15.10 at the end of trading yesterday. Sharper growth has been noted since the beginning of September with possible causes being…
Mortgage provider Housing Finance will sell the second tranche of its 7-year bond next month to raise KES 3 billion, the firm announced yesterday. This will be the second and final tranche of a KES 10 billion medium term note that was approved by the…
Intrinsic value, holding on, HPR, and other technical type terms are thrown around all the time. But just what does value investing entail and why should you Value invest?
Turns out that the taxpayer is still not aware of the exact revenue amounts that were gathered in the 2007/2008 financial year. There have been inconsistencies concerning the amounts collected with each of the involved parties, Kenya Revenue Authority, Ministry of Finance and…
1. Citizens of Bulawayo Have Synchronised Toilet Flush Many residents of Zimbabwe’s second city have simultaneously flushed their toilets, as part of an official attempt to prevent blocked sewage pipes. Bulawayo Mayor Thaba Moyo told the BBC the “big flush” would keep pipes wet and so prevent…
It's always said Kenyan's don't read. Longhorn's financial results strongly confirm that statement. Well here's a list of places where you can get books at a reasonable price, maybe even cheap. Then let's see if you'll have an excuse not to read.
A reader asked how they should best allocate funds for their budget. Unfortunately, there’s no universally accepted budget allocation method or formula. Different finance experts have varying suggestions on how one should best distribute their money in their budget. This is understandable and expected since no…