Government to Introduce More Effective Public Service Centers
You may soon say goodbye to long queues in public offices as the government makes plans to introduce convenient civilian service centers across the country. The government has decided to improve service delivery in the public sector. According to the Cabinet, the government plans…
The Stock Market Today
A summary of share trading at the stock market today
New KRA Regulations To Increase Cross-Border Business Costs
Kenyan importers and investors in neighboring Uganda and Rwanda have decreed an increased cost of doing business. This follows the Kenya Revenue Authority (KRA) announcing that all goods passing through the Mombasa Port should will pay cash bonds. The cash bonds will be expected to be equal to the…
Cheaper Flights no Longer a Dream.
As the last quarter of the year approaches, the realization of cheaper flights edges closer to being a reality in Kenya. Earlier on today FastJest announced their first operating base would be in Dar es Salaam, Tanzania. The first flights are scheduled for the month of November and will see…
A Gadget that Revolutionised the Idea of Convenience
There are 18,987 million money transfer subscriptions(March), 45,861 active mobile transfer service agents and a total deposit of KES 185.4 billion handled, in the period between January to March 2012, within the mobile money transfer service.
The PesaPortfolio – 17 September
A look at The PesaPortfolio this month with a few changes made including taking up our rights in the NIC Rights Issue
Problem? What Problem?
With unemployment in Kenya at a drastic 40% we need those jobs. We need our companies to expand. We need some bank to open a branch somewhere in Turkana so it can employ people there and so our Gross Domestic Product (GDP) can look halfway decent.
Why Fuel Prices Went Up
The recent fuel price review saw the cost of fuel rise, ending a 3 month price ease. The retail price of diesel in Nairobi crossed the KES 100 mark to retail at KES 101.07 from KES 97.08 while super petrol and kerosene now retail at KES…
Airport Expansion to Reduce Terminal Traffic
Kenyans are set for more convenient flight plans as the Kenya Airports Authority (KAA) signs a contract for the expansion of the Jomo Kenyatta International Airport (JKIA). The KES 55 billion deal, dubbed Project Greenfield, will be used to increase the airport’s carrying capacity, thereby reducing…
8 Things You Should Know This Morning
1. Workers reject new NHIF rates New NHIF rates have been met by threat of strike by workers opposed to the decision. According to Central Organization of Trade Unions, secretary general, Mr Atwoli Francis, Cotu will be revealing the forces and the motive behind the minister’s obsession in a week’s…
Taxes or Just Legal Robbery?
We all grumble and mumble about taxes. 30% seems a bit much to everyone. Are they really a bad thing though?
Faini Chap Chap
The Judiciary will this Thursday, 20th September 2012, officially launch a new system for paying traffic fines through M-Pesa. This system dubbed: Faini Chap Chap has been available at Milimani and Kibera Law Courts on a pilot phase basis and will be officially launched by the Chief Justice…
Stocks We Are Watching Today
The shares we will be closely watching in today's trading at the NSE
Made it in the Market: Chris Kirubi – Dj CK
Chris Kirubi is among the 40 Richest People in the continent from among other things, his shareholding in several Kenyan companies
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