Kenya's Growing Luxury Market
According to World Bank data, about 45% of Kenya’s population lives on $1.25 a day. Despite this the luxury market in Kenya is growing at an alarming rate. There is a certain rise in the demand for affluent goods and services, especially among the bludgeoning middle class in Kenya.
Investing From the Comfort of Your Mobile Phone
Say goodbye to traditional methods of investing. Old Mutual now let you control your investments from your mobile phone.
Nokia expands its Asha Family
Nokia East Africa has extended the current Nokia Asha family range with two new mobile phones – the Nokia Asha 202 and Nokia Asha 305 for the local market. This is aimed at building up Nokia’s commitment to connect consumers to smart mobile phones. The introduction…
Stocks Watch
Today we will be observing the following counters at the NSE trading: Kakuzi – The horticultural grower’s share yesterday had its biggest one-day climb since January this year, gaining 6.7 percent to close at KES 80.00 up from KES 75.00 on Tuesday, Bloomberg data showed. Horticultural exports…
Deacons to Open Shop in Roysambu
Deacons ready to set up shop in Roysambu by 2013
Closing Bell – 4 July 2012
INDICES The NSE All-Share Index today gained 0.88 points to close at 83.39 points from yesterday’s close of 82.51 points. The NSE 20-Share Index meanwhile closed down 158.87 points at 3,631.20 points from 3,790 points yesterday. HIGHEST VOLUMES Equity Bank…
Continental Reinsurance Gets Licence For Kenyan Office
Pan-African insurance company Continental Reinsurance today announced its newly licensed Kenya office that lays the path for the future of the company in the insurance industry in East Africa. Continental Reinsurance’s expansion marks the next step in its commitment to promises to offer…
Do Scientific Laws Have Any Connection to Finance?
Are science and finance two worlds apart? Or could they be closer than we think?
Kenya Shilling strengthens third day on lower Dollar demand
Today the Kenya Shilling has strengthened for a third consecutive day against the US Dollar, as the MPC is set to meet tomorrow to review key monetary policy affecting the local currency. The Kenya Shilling is today exchanging at KES 84.03 against the US Dollar improving…
Give the Millionaires a CBR, and They’ll Take a Mile
The Monetary Policy committee will tomorrow have their monthly meeting where they decide how to deal with serious matters such as the the Central Bank rate, which is basically, the rate at which the central bank loans money to banks, and which should dictate the rate at which…
Ngethu Water Treatment Plant to Shut Down For 24 Hours.
With Ngethu Water Treatment Plant shut down much of Nairobi will be without water. have you been affected? See the list here.
Samsung To Officially Launch The Galaxy SIII Smart Phone
Galaxy SIII smart phone set to hit the Kenyan market
What NCWSC will Consider When Reviewing Water Tariffs
What does the NCWSC have to take into consideration when reviewing their tariffs?
Africa Oil Discovers More Oil Near Ngamia 1
Africa Oil Corporation has announced that it has found additional Oil in Turkana region, near the well where Tullow Oil struck Oil in March this year. In a statement released by the company Chief Executive and president Keith Hill today,…
Do Kenya Stocks Face Threat From Impending General Elections?
It's election year, how will the affect the money that you have in the NSE?
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