Nokia 808 PureView Now Available in Kenya
Through a press release by webaraza, Nokia has confirmed that the Nokia 808 PureView is now available through selected retailers in Kenya. The Nokia 808 PureView is the first smartphone to feature Nokia’s PureView technology. PureView represents Nokia’s highest level smartphone imaging experience, btinging together high-performance…
Orange Mobile Ramadhan Special
It may be a little late, but Orange mobile is running a promotion for the Ramadhan period. Make international calls to USA, China, Canada, India and UK Fixed line for KES 2.50 per minute. International calls to the Middle East and Somalia Link are bill at…
Barclays Half-Year Earnings Grow 18 Percent
Barclays Bank Kenya has today announced an 18 percent increase in pre-tax profit to 6.3 billion shillings for the six months to June this year up from 5.3 billion shillings last year according to an official press release. Total income grew 10 percent in…
APA-Jua Kali Paperless Partnership
Jua Kali Workers willing to to register for Heshima Mpango Poa funeral cover will be saved the lengthy paperwork involved. Registration will be available on all mobile money platforms. Agents will have mobile phones which are loaded with an application called MobSure and will…
Areas to Experience Electricity Interruption Today
Nairobi Region Buruburu Phase 1, Kiambiu Time: 9:00am to 4:00pm Kiambiu and adjacent customers South B Time: 9:00am to 5:00pm KIMC, Mater Hospital, Marakani Est, Kenya Polytechnic Hostels, Caltex, NHIF houses, South B Mosque, Bondo Rd,…
Kenyans Embrace Cheaper Pension Plan
Many more small business owners in Kenya’s informal sector may have legitimate pension plans by the end of this year. According to the Retirements Benefits Authority (RBA) more than 32,000 Kenyans have already registered for the Mbao Pension Scheme. RBA CEO, Edward Odundo reports that the…
CBK proposes to overhaul MFI Regulations
The Central Bank of Kenya has released a proposal for the comprehensive review and overhaul of the microfinance and Deposit Taking Microfinance Institutions’ regulatory and supervisory framework. CBK says the proposals have been formed in consultation with practitioners and players over the three year period of…
Commuters to Gain from KES 605 Billion Road Upgrade
Kenyan commuters will benefit from a KES 605 billion government investment that will be used to improve traffic within the country. The Ministry of Roads said that the investment is part of a 15 year plan that will be used to develop the country’s infrastructure. According…
Standard Chartered Branches to Remain Closed This Sunday
Following a system upgrade scheduled to take place on Sunday 12th August, 2012, Standard Chartered Yaya, Ukay and Greenspan branches, usually open 7 days a week, will be closed on the stated date. In addition to this, the following services will be unavailable, between 4.00pm and…
Stocks Watch
In today’s trading at the Nairobi Securities Exchange, we will be closely observing the following share counters: Barclays Bank – The bank is expected to announce its half-year financial results today. These are highly anticipated as Barclays is one of the top banks in Kenya according…
8 Things You Should Know This Morning
A couple of things you are waking up to this morning: 1. K-Rep Bank profit rises 25 per cent on back of loan income- Business Daily 2. What investors should learn from Olympics- Business Daily 3. Mbao pension plan registers 149pc growth – Business…
Closing Bell – 6 August 2012
INDICES After declining for five consecutive days, the NSE 20 Share Index today gained 0.13 percent to close at 3,830.24 points from 3,825.08 points on Friday last week. Meanwhile the All Share Index gained 0.35 percent to close at 83.27 points from 82.98 points at the…
AGOA Extension To Spare Thousands their Jobs
Over 32, 000 Kenyans working in Kenya-base US textile factories will maintain their jobs after all. This follows US Congress’ vote for a three-year extension of the African Growth and Opportunity Act on Thursday 2nd 2012. The AGOA preferential trade programme which was established in May 2000, was meant to…
Price of Imported Goods May Go Down
Consumers may soon pay less for imported goods following a move by the Kenya Revenue Authority (KRA) which will allow importers to move their goods without having to stop for inspection. The Authority reports that the initiative will save time and money for importers, bringing down the cost…
KNH Embraces IT
Kenyatta International Hospital (KNH) ICT plan is set to be officially launched on 14th August 2012 at a stakeholder’s breakfast meeting. A set of 70 ICT projects, costing approximately KES 2.3 Billion to KES 3 billion, have been identified in the plan and will be implemented…
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