CCK to Restart SIM Registration
The Communication Commission of Kenya(CCK) plans to start another round of SIM card registration in the coming weeks after the process was stopped two years ago. This comes after an amendment to the Kenya Information and Communications Act 1998 was passed, requiring registration of all telecommunication services…
KQ Performance Dwindling
On Friday the 8th of June, Kenya Airways (KQ) announced the results of their KES 21 billion rights issue. The announcement reported that the issue had received a 70% subscription implying that about KES 14 billion was raised. This news was not necessarily unexpected since there had been speculation that…
KQ to Announce Results on Thursday
National carrier Kenya Airways is set to announce its annual financial results on Thursday 14th June 2012. For the financial year 2010/2011, Kenya Airways posted a profit after tax of Shs. 3.5 billion up from Shs. 2.0 billion the previous period. The airline had a rights issue in May where…
M-Pesa Experiencing Delays
According the Safaricom customer care Twitter page, M-Pesa is currently experiencing intermittent delays We are experiencing intermittent delays on the M-PESA service. Our teams are working on resolution. Inconvenience highly regretted — Safaricom Limited (@SafaricomLtd) June 13, 2012 …
Stocks Watch – 13 June 2012
Limuru Tea, Kakuzi, Crown Berger and Kenya Re make our stocks watch list today. Limuru Tea yesterday rose 8.7% to hit the KES 500 mark while Kakuzi was the biggest loser in yesterday's trading.
AccessKenya Issues Bonus Shares
AccessKenya Group, the only publicly listed Internet service provider, has issued 10 million bonus shares to shareholders after gaining approval from the Capital Markets Authority (CMA) and by shareholders. In yesterday’s trading the share appreciated 1.8% to close at KES 5.65 from KES 5.55 the previous day. The approval will…
Forex Trail – 13 June 2012
The Kenya Shilling had mixed fortunes in yesterday's trading, up 0.727% versus the Euro, losing 0.508% against the USD, gaining 0.616% against the SA Rand but losing 0.003% against the Sterling Pound.
Nokia Affirms Commitment to Fight Counterfeits
During this year’s World Global Anti-Counterfeit Day, Nokia joined forces with the Kenyan Anti-Counterfeit Agency (ACA) to affirm its commitment to reduce the number of counterfeit mobile phones and accessories in East Africa. Robert Nyagah, Nokia East Africa Care Channel Manager commented,…
Closing Bell – 12 June 2012
Safaricom pipped Equity Bank to be the most-moving share in the day with 6.087 million shares traded. The share price inched 5 cents to close at KES 3.45.
Nairobi to Adopt Digital TV Signal by December
Nairobi and its environs will have an all digital TV platform by the end of this year. Speaking at the launch of new digital TV provider StarTimes, Communications Commission of Kenya acting director Francis Wangusi said plans were under way to fully digitalize the…
StarTimes Bouquets
As Kenya goes digital, StarTimes join’s MultiChoice and Zuku TV as the latest entrant in Kenya’s pay TV market. Click here to read on the launch of StarTimes. StarTimes installation fee is KES 3,499 and with it comes…
Kenya Shilling Improves Against Dollar
The Kenya Shilling has gained 1% on the dollar in the last two weeks, putting an end to the losing run that the Shilling had suffered.
StarTimes Media Launches Digital TV
Digital Television signal provider StartTimes Media has today launched its digital TV services in the country. The channel which will broadcast on the new Communication Commission of Kenya (CCK) approved decoders, DVB-T2 decoders will offer over 60 digital quality entertainment channel to the Kenyan…
Safaricom Share Active in Morning Trading
Safaricom has been the most active counter so far in the day's trading with 4.99 million shares traded thus far in the day. This is already more than the 4.017 million shares than the most-traded counter KCB did in total yesterday.
Shell Brand to Remain
Sources from Vivo energy have indicated that there is no completion of agreement to sell Shell assets in Africa, as it had been reported by some section of the media. The partnership between Vitol, an international oil trader and Helios, a private…
1
