The NSE 20 share index yesterday closed at 3,653.29 points, up 2.22 points (0.07%) from the previous session’s 3,650.85 points. The NSE all share index however closed 0.27 pints (0.34%) down in yesterday’s trading to close at 78.21 from the previous 78.48 points. The market closed with a…
You now have an additional option when it comes to settling your bill after UNIPESA Kiosk Network was launched last week, adding to the existing utility payment options available in Kenya. UNIPESA Kiosk Network is a service that enables you to settle your bills through a…
The Diamond Trust Bank share yesterday lost 4 bob in trading, closing 3.92% at KES 98 from the previous day's close of KES 102. The share price drop came with just 200 shares trading...
Over the course of trading last week, the coffee producer’s share had been appreciating from KES 11.70 to KES 12 to KES 12.70. In today’s trading the share closed at KES 12.95, 1.97% up from the level it closed at on Thursday last week. www.bloomberg.com This increase is surprising…
Family Bank shareholders recently approved a rights issue. The company wishes to raise KES 4.5 billion for its expansion plans, 33% of this coming from the rights sale. The company is also making plans to get listed on the NSE...
Credit information and reports can now be accessed on the mobile phone. The development by Metropol Credit Bureau will allow users to access credit information on an SMS platform. Credit information sharing has been lauded by lenders in the recent past as having been beneficial. Lenders use credit information to establish…
Below is the position at which the Pesa Portfolio stands at today, using the prices as at the closing of the NSE on Thursday 31 May 2012. Share Price (KES) Portfolio value (KES) Share Market Segment Units Latest Previous Latest Previous Mumias Sugar Company Manufacturing and allied 1,350 5.70 5.60…
Mary is a Kenyan woman who moved to the US after high school to further her studies. She is an engineer by profession, and besides that, she has worked as a teacher in Texas and spent a year in South Korea furthering her engineering studies. So how did this…
Nairobi City Council has taken over control of COMESA parking ground situated at the Kenyatta International Conference Centre(KICC). Nairobi Town Clerk Roba Duba says the council has been forced to take the step because KICC owes the City Council arrears amounting to Sh26m. The open area parking lot within KICC’s…
People say that men and women aren’t wired the same, whatever being wired means. We came across this image that identifies some differences between a man and a woman in an ATM scenario. Something to take away the Monday blues.
This past long weekend, there were many complains on social media about ATMs which were out of service. It seems that most of them went on a long weekend as well, leaving customers stranded without access to their money. At this stage, banking via mobile money always comes in handy.
Kenya Railways Corporation is planning to upgrade all its operational commuter routes to help expand its operation and take care of growing transport needs in the city and the whole country. The corporation plans to upgrade the rail road to standard gauge and refurbish its coaches to encourage passengers to…
This is a follow up post to last week’s article on: Do’s and Don’ts of Buying Land: Involving a Lawyer in a Property Transaction. What are some of the things you should put in mind when dealing with a lawyer in a property transaction?…