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8 Things You Should Know This Morning

1. KQ sacks 150 employees in first phase of cuts Defying an order by the Prime Minister not to proceed with the restrenchment, Kenya Airways, has laid off 150 employees in the first phase of  job cuts expected to see between 650 and 1500 people lose their jobs. The workers…
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Affordable Retirement Plans, for Everyone

The NSSF Board of Trustees, along with the Federation of Kenya Employers (FKE), have decided to push for a bill which will cater for the retirement needs of every single Kenyan over the age of 18 years.
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Closing Bell – 4th September

A summary of share trading activity at the stock market today
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Kenya Needs More Education Loan Providers

Kenya has seen a growing demand for tertiary education, with a steady rise in enrolment and an increase in private universities to 21 in 2008 from 3 in 1985. And it doesn't seem like the education loan providers are growing fast enough
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Making Saving Automatic

“Save a part of your income and begin now, for the man with a surplus controls circumstances and the man without a surplus is controlled by circumstances” – Henry Buckley Today’s 4th September, 2012, a few days after payday. With kids going back to…
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Banking: Why You Need A Bank Account

What is Banking? Banking can be defined as the business activity that involves accepting, safekeeping and management of money by individuals or registered institutions, and then lending (selling the money as credit) to earn a profit from it. The history of banking…
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What's in Your Electricity Bill: Kenya Power Charges

A recent study has shown that the cost of electricity currently at the forefront of the list when it comes to the worries of Kenyans. Why is this such a worry? A quick look into just what goes into your power bill, part two comes tomorrow.
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Stone Houses are Overrated

My first house will be cheap. A thing of beauty but cheap. It will have all the trappings of a bachelor pad; key being a mini bar and a sound proof theatre -maybe not sound proof but a theatre all the same - with a kick ass plasma TV and Sony Home Theatre System to boot. A man must dream yes?
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Planning Ahead: Academic Insurance

Academic insurance is something that most people desperately need. Year after year, millions of parents find it difficult to meet the cost of education. Students are often sent home because their fees have not been cleared. Others find it impossible to graduate based on the fact that few…
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The VAT Bill 2012 Broken Down

The VAT Bill 2012 has been a large topic of discussion. We take a look at taxes and exactly what the VAT bill 2012 entails.
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How Much Should You Spend On Internet?

Finding that ideal data bundle size that suits your lifestyle and will take you through the month can be a bit of hustle. You might buy excess bundles, at a high price, which will expire after their validity period resulting in a loss on your side. Below is…
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Stocks 101: What is a Stock Market Index?

Stock market indices make it possible to track the movements of a stock market without looking at each individual stock.
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How Do Kenyans Gamble?

In other words, people loose more at the tables than when they play Tazama Chapaa. Why would I want to sit at a table with strangers betting my salary in a game of poker when I could buy a number of sweepstake cards for a much lower price? Maybe we should have a Nairobi hold 'em breed of card game.
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