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Weekend Reads

Here are some articles we have put together for your weekend reading. Enjoy 1. Six Crazy Internet Money Making Ideas (That Worked) Everyone loves cash money and the Internet has allowed many businesses with great ideas to become filthy rich. But among all those great thinkers there have…
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To Take or Not To Take That Job Offer

The Kenyan job market is a tough one and the options of ‘not taking’ a job offer coming your way are almost non existent. When an individual goes for months without a job, they always embrace the next offer that comes their way with a lot of gratitude that they…
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A Diesel or a Petrol Engine?

Like football, diesel cars are a worldwide phenomenon that many people just don’t get. More than 50% of new European cars have diesel engines. Japanese models, which are common on the Kenyan market are petrol cars. There are signs, though, that diesel cars are becoming more main stream. In…
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50 Quotes By Great Minds

“The only true wisdom is knowing that you know nothing.” Socrates
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How much is Enough to be Happy?

It is interesting that while we can all understand and accept our financial situations at any particular time, no one ever seems to have enough. This is because there is only one thing that people really want: and that is to be happy. So what in terms of your lifestyle…
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Is That Extra Feature On Your Gadget Worth Paying For?

Every day we come across advertisements in the media of items such as phones, TVs, fridges and many others. Quite often, some of the features that ‘add value’ to these items are usually very complex for the user or not important at all. The recent wave of smart phone use…
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Unfamiliar Investments: Introduction to REITs

When considering what to invest in, most Kenyans think of buying land, shares at the NSE or even starting a business. The more informed investor may consider government securities, Treasury bills and bonds or Mutual Funds. Other than these there are other investments collectively considered Alternative Investments, these include forex…
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The Cost of International Mobile Calls

  A mobile user makes a call. (Image: COFEK) It is indisputable that the world has become a small village and the more people get connected business wise and socially, the need to communicate within the global village grows bigger. The internet through social media and email messaging solved…
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Is Greed Good? Someone Certainly Thinks So

Is greed so bad? It is one of the 7 cardinal sins. Greed can't be so good can it? Someone does not think so.
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Closing Bell – 31 May 2012

There were 63 million Safaricom shares traded today on the NSE. The share price however remained unmoved at KES 3.25. Newbie share Longhorn Kenya Limited was the biggest gainer of the session, the counter closing KES 1.60 up (9.91%) to close its second trading day at KES 17.75.
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Trend in Cost of Living

Kenyans are constantly being forced to dig deeper into their pockets in order to make ends meet. If it’s not the price of “Unga” that has increased then its fuel prices. If it’s not transport fare that has increased then it’s the price of sugar. The cost of…
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Results of Yesterday’s T-Bill Auction

Yesterday, the Central Bank of Kenya (CBK) auctioned 182 day Treasury bills worth KES 2 billion. For the bill the bank received 934 bids amounting to KES 1.2 billion which represents a subscription of 59%. Clearly, the trend of gross under-subscription for government securities as we observed at the last…
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Saving on a Road Trip

It is the end of the month, so money is in the bank, hopefully, and there is a long weekend ahead of us. Most likely, many are planning a road trip to celebrate Madaraka Day with with friends or family. But you know what these road trips do…
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PesaPortfolio – 31 May 2012

Below is the position at which our portfolio stood at the end of business yesterday, the 30th of May 2012. Share Market Segment…
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Safaricom Subscribers Get 50% Bonus Airtime

  Mobile phone subscribers on the Safaricom network will get a 50% bonus airtime when they top up from the operator’s mobile money service M-Pesa. This is a top-up to the May 10% bonus that the company has been offering on purchase of airtime from M-Pesa. The 10% bonus offer…
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