8 Things You Should Know this Morning
1. Directors above 75 to retire by the end of the year The capital markets regulator, CMA, says it has proposed amendments to the corporate governance regulations to provide that any director aged above 75 leave office by end of December. This means that individuals aged 75 years…
Value for your money? Shun mediocrity.
Mediocrity is everywhere around us. Yet it is we who decide to let it into our lives. Dennis tells us of his tales with mediocrity, and why we should avoid it at all cost.
Closing Bell – 6th September
A summary of the stock market today
New System Enables Mobile Phone Share Trading
Stock brokers have already done tests and are waiting for approval to roll out the service next month.
A Budgeting System that Just Might Work for You
Sticking to a budget can be one of the most difficult tusks to implement. Cashless transactions are gaining popularity and the tendency to over-spend has become a norm for many, with or without a budget. There’s one budgeting system that might just work for you. I’m…
21% KQ Staff Accept Layoff Package
Kenya Airways has announced the completion of its staff rationalization programme which it says has been a success. The rationalization program has since seen 126 employees representing 21 % of the estimated 600 members of staff that will leave the airline, volunteering to take up…
Common Spending Saving and Borrowing Mistakes
Saving spending and borrowing are sensitive areas. No one likes to talk about them. By virtue of this people don't know exactly how to gp around such issues. Here are a couple of common mistakes people make in this field.
Tax Matters III – Rental Income
See Tax Matters I here and Tax Matters 2 here. Notes You Should Take on Rental Income Taxation Dear Landlords, Landladies and faithful tenants. This affects you. First, you’ll need to note that Rental income is taxable under Section 3(2) (a) (iii) of…
NIC Bank Performance in the Market
This is part of a series of articles sponsored by NIC Bank. NIC is currently having a rights issue that will close on September 14th.
International Oil Prices on the Rise
Following a significant drop in international oil price in June 2012 that resulted in the recently witnessed drop in local fuel prices international oil prices are back to a steady rise. As at the beginning of July 2012 international oil prices have been on a steady…
Pre-paid Electricity Meters Going National
Kenya Power yesterday, 5 September 2012, launched the second phase of the pre-paid system that will see pre-paid meters installed to customers countrywide, with the company planning to connect 520,000 customers to the new system by June 2013. The pre-paid systems, launched in 2009 as a…
Stocks We Are Watching Today
The shares we will be watching at the NSE today
5 Years Later, The Bonga Points Story
Five years down the line, more amendments have been made to the Bonga Points program. In addition to redeeming your points for phones, you can redeem add some cash and get a phone. What's the story behind Bonga points? Take a look.
8 Things You Should know this morning
1. Airtel Invests in Life insurance Bharti Airtel partners with Sanlam, one of South Africa’s leading financial providers. The mobile phone service provider has announced that it will be using its East, West and South African reach to help the insurer distribute its…
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