CFC Chief Shareholder to take up 60% of Rights Issue
CFC Stanbic Holdings‘ key shareholders Stanbic Africa Holdings Limited (SAHL) has disclosed that it will take up its full entitlement in the upcoming Rights Issue. This has been revealed by the CFC Stanbic Holdings(CSH) board in a statement on the disclosure of…
NSSF Pushes for Improved Retirement Plans
The National Social Security Fund (NSSF) has made moves to establish a bill that will provide pension schemes for all Kenyans across the board. According to Kenya College of Accountancy (KCA) University Chancellor, Prof Arthur Eshiwani, the proposed statement will give members of the…
Failure and investing
The world of investing has it's fair share of both success and failures,but in this context failure is be defined by the inability of an investor to meet their financial goals,especially those tied to wealth creation,mostly leading to bearing of huge losses.So what separates a good investor from one who is bound for failure?
CMA approves CFC Holdings Rights Issue
The Capital Markets Authority (CMA) yesterday approved a Rights Issue for CfC Stanbic Holdings. A statement from CMA says that the Rights Issue was approved in accordance with the requirements of Regulation 11 of the Fourth Schedule to the Capital Markets Regulations,…
The Cost of the Water Shortage
Few things are more relaxing than a hot shower at the end of the day to help the body recover. Unfortunately for most Nairobi residents, running taps and showers are luxuries reserved for a select few. Dr. Alex Awiti, an Ecosystems Ecologist based at Aga Khan…
Beba Card, Why Not?
Joining Kenya’s cashless payment modes earlier this year was Google’s Beba Card. The NFC-enabled card comes in handy at budgeting for the month, and in reducing the hustles that come with payment of fares by cash. Most of us were also secretly hoping that the card would,…
Get a Smart Phone of Your Choice on Credit
Safaricom Limited is offering you an opportunity to buy a smart phone of your choice on credit in 12 monthly installments. This product dubded: Smart Choices for a Smart Lifestyle, Safaricom gives you an opportunity to buy a smart phone through either bank financing or credit…
Pay Your Water Bills and Avoid Disconnection
Nairobi City Water and Sewerage Company (NWSC) notify all customers with outstanding bills to make payments immediately. NWSC is carrying out water disconnection for all customers with outstanding water bills. NWSC water bills can be paid in one of the following methods: In person…
A History of Banking: The NIC Story
How did Banking begin? Not Egypt, that's easy example. Let's go back, back to the assembly of humans into small kin groups way before Egypt.
Stocks Watch
The shares we will be closely watching in today’s trading at the Nairobi Securities Exchange
8 Things You Should Know This Morning
1.Rivalry brings down Thika Road fares Bitter rivalry between public transport companies and the completion of the Thika Superhighway has seen fares plunge by as much about a third to the relief of consumers. Fares for commuters between Thika and Nairobi fell from mid-July as a result…
Closing Bell – 22 August 2012
A summary of share trading activity at the NSE today
The Less You Drive, the Less You Pay
Gateway Insurance Company has unveiled a new service that lets vehicle owners pay their premiums depending on how much they use their cars. The product, dubbed, Pay As You Drive (PAYD), allows policy holders to choose Drive Plans which act as insurance bundles used to estimate…
Win Free Subscription to DStv, GOtv or DStv Mobile
Attend MultiChoice Open Day on 25 August 2012 and you might just be a winner of free subscription to DStv, GOtv or Dstv mobile. Winners of free subscription will be chosen every hour from 10am to 6am, entry is free.
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