Current Account Vs Savings Account
Quite often, many people who want to save money open accounts with paying to the nature of accounts they open. Many people run current accounts as their savings vehicles. Much as this has no harm really, it would be more beneficial to have a dedicated savings account for savings as…
Is Sex The Easiest Way To Earn A Shilling?
With the Campus Divas page making rounds on social media, and the sexual promiscuity of our youth once more hitting the headlines it's safe to say that sex sells. For how long though? At some point the bills will come in, and the kids, and life. What then?
8 Things You Should Know This Morning
1. Top Kenya Airways executives’ pay goes up by 24 per cent KQ’s top managers, its CEO and Chief Financial Officer, will see an increase in their salaries, to a combined KES 6.83M from KES 5.5M. The increase comes in a year when…
Kakuzi Earnings Drop on Subsidiary Sale
Exemption of the income from Siret Tea Company Limited was evident in a 66 percent drop in profit from discontinuing operations to 32.1 million shillings from 95.3 million last year
The Five Cheapest Places To Shop For Clothes In Nairobi
I still get shocked at the prices that some of these people put on that really should be a fraction of what they believe the worth to be.
Pirates in a Digital Sea
The recent cap in unlimited internet bundles has dealt a deadly blow to some of the country’s more notorious internet users. This band of vagabonds abuses all the freedom that the internet has to offer. While the common market is browsing, other subscribers are illegally downloading music, movies…
Tax Break for Disabled Persons
Back in 2010, the Minister for Finance (and DPM) published The Persons With Disabilities (Income Tax Deductions and Exemptions) Order, 2010 whose aim is to exempt a part of the income earned by persons with disabilities from taxation. The first 150,000/= of ones income per month is exempt from tax but…
Could Inflation Fall Affect CBR?
The Kenya National Bureau of Statistics (KNBS) has released Consumer Price Indices (CPI) and rates of inflation for the month of August 2012. The rate of inflation has been on a downward trend since November last year with a drop month-on-month. The overall inflation…
Closing Bell – 31 August
A summary of share trading activity at the stock market today
Mumias Profit Misses Analyst Targets by 40 pc
The situation was little changed with revenue which despite climbing 6 percent to 18.7 billion, was still below SIB’s 21 billion shilling year-end forecast.
Building Materials Producer Braces for Lower Prices
The cost of building materials may go down, given the recent fall in interest rates and fuel prices. Cement, galvanised sheets, concrete tiles and steel rod prices are likely to drop as soon as these new market trends gain traction. According to DEVKI Group…
Was August A Friendly Month?
If latest statistics from Kenya National Bureau of Statistics (KNBS) are anything to go by, August was a friendly month for Kenya. The Consumer Price Indices (CPI), measure of changes in the price level of consumer goods and services purchased by households, decreased by 0.31 per…
1
