January, What You Really Should be Saving For
December is round the corner and people are putting money aside for that extra trip, that extra holiday something. Forget that, January is what you should really think about saving for.
The Stock Market Today
The NSE 20 Share Index today rose from yesterday’s 3,953.53 points to 3,956.54 points while the All Share Index rose to 87.04 points from 86.84 points yesterday. Source: FILE HIGHEST VOLUMES The highest volumes traded today were Safaricom, HFCK and Mumias Sugar company. Safaricom traded the highest with 10.47 million making their market…
Debt, it doesn’t have to Be A Way of Life
Growing up I was led to believe that debt was an adult thing. I vividly recall what my mother told me when she found out that I owed someone some cash, she said, “Matt, you are too young to be in debt.” That statement stuck in my mind…
Foreigners eye Kenya's geothermal energy
Energy Development Corp(EDC) a pioneer in the geothermal energy industry in Philippines, has set its eyes on Kenya upon announcing its plan to expand. It is a listed company with over 35 years experience of technical expertise in the field and will look to study the local setting…
Drop in interest Rates to Go on, says KBA
Two weeks after the Central Bank of Kenya cut its base lending rate to 13%, more than 12 banks have followed suit and lowered their rates by different margins. The news for lower lending rates is welcome for borrowers as they will be relieved from the high interest…
Planning Ahead: Life Insurance
With life insurance premiums paid in 2012 set to hit KES 427 million up from KES 374 million in 2011 it seems Kenyans are more interested in getting life cover. But what are your options?
How Much have Banks Cut Lending Rates?
The last two weeks have seen most commercial banks in the country lower their base lending rates by different margins. This move came after the Central Bank of Kenya‘s Monetary Policy Committee (MPC) lowered its base lending rate (CBR) by 3.5 percentage points to 13%…
Okoa Jahazi, What You Might Not Know
Okoa Jahazi is a service by Safaricom that lets you access airtime on credit and pay later. Considering the fact that most of us have at one point desperately needed airtime but were unable to purchase some due to one reason or the other, this service is helpful…
8 things You Should Know this Morning
1. Security Firms Making a Killing in Piracy Fight According to Pirates and Privateers: Managing the Indian Ocean’s Private Security Boom, released recently, sheds light on the involvement of the security companies in fighting the sea crime.They charge between $5,000 (Sh400,000) and $20,000 (Sh1.6 million) per…
Balancing Your Budget: Part 1
Halfway through the month, most guys tend to be broke by now. No matter how much they earn, it somehow isn’t enough to push them till the end of the month. Money Problems Money Solutions, an online personal finance site have identified a solution to this:…
Stocks We Are Watching Today
The shares we will be closely watching at the stock maket today
'I've Got A New Job Now On The Unemployement Line'
I am a writer. Not a journalist or anything, just a creative writer. Somehow I must find a way to get this to pay my bills. I must.
Speedy KRA Clearance System to Rescue Consumers
The Kenya Revenue Authority (KRA) is working on a plan to ensure speedy clearance of goods in the region. Once in place, the Authorised Economic Operator (AEO) system is expected to eliminate delays of clearance and delivery of imports. According to the Kenya…
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