Travelling? Carry Snacks, Always.
What happens with this shops is called a captive a market. A market where people can sell what they want at whatever price because there are no options. It's either buy, or go home. And even home is not an option. After all, you didn't travel halfway to the Maasai Mara to turn back homeward for a pack of cashew nuts. solution? Carry your own snacks.
Airtel Invests in Life Insurance
Kenyans may soon have access to new life and medical insurance services as 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…
Insuring Your Car, Piece by Piece
Despite the fact that every private vehicle owner should have it, vehicle cover can become a burden. Potential policy holders sometimes fail to realize that a so called comprehensive vehicle insurance scheme is, in reality, a very selective cover. Car parts are insured as individual pieces, even…
Closing Bell – 5th September
A summary of share trading activity at the Nairobi Securities Exchange
"Get Ahead" Now, Or Later?
No longer is the promise of a bright future enough for a young man to hook a young lady and keep her there. There must be ready evidence measurable in a few zeros at the end, sometimes even more than a few.
Stay Calm, Huawei is Not Fake
If you own a Huawei handset, stay calm. The Communication Commission of Kenya (CCK) will not switch it off come Sunday September 30th 2012. Huawei, which is a Chinese information and communications technology (ICT) solutions provider, confirmed the originality of their handsets on 5th September 2012.
Relief For Borrowers as CBK Cuts Base Rate Again
The Central Bank‘s Monetary Policy Committee has announced a reduction in the base lending rate (Central Bank Rate) by 350 points to 13% down from 16.5%, a rate set in July. This is a welcome move for borrowers as banks are expected to lower interest rates…
The Consequences of Lying For Cheaper Insurance
Some times it's as simple as checking no in the box where you should have checked yes. Other times it is slightly more complicated. Whichever way it is lying before you get your insurance could get you in serious danger. Here's what's in the fine print
Central Bank Rate, What We Expect
The Central Bank of Kenya‘s Monetary Policy Committee will be meeting today for the first time since setting the bi-monthly meetings. The last time the committee met in June, they reviewed the Central Bank’s base lending rate downwards to 16.5% from 18%. The MPC cited…
What’s In Your Electricity Bill: Government Charges and Third Party Levies
Kenyans are more worried about the cost of power than anything else. We show exactly what is in your power bill and why sometimes it comes up a lot higher, or lower, than expected.
Stocks We Are Watching Today
The shares we will be closely observing in today's trading at the NSE
SACCO Loans and Bank Loans
The hard times of the past few years have been a blessing in disguise for many people in Kenya with more individuals becoming financially self aware. This in turn has raised awareness and need for people to keep themselves financially secure by saving and investing through different vehicles.
IRA Uses Driver Reward System to Avoid Insurance Fraud
The Insurance Regulatory Authority (IRA) has been using a reward system for the sake of reducing motor insurance fraud. In light of a series of losses made by the vehicle insurance industry, the Authority has decided to introduce a non claims discount for careful drivers.
Rights Issues: An NIC Walk through
Can't one shareholder just buy all the new shares and end up owning half on NIC Bank?
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