50 Quotes By Great Minds
“The only true wisdom is knowing that you know nothing.” Socrates
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…
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…
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…
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…
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.
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.
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…
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…
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…
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…
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…
The Longhorn Listing: What You Need to Know.
The Longhorn Kenya shares yesterday began trading. The share price opened 42% higher than the listing price, KES 20 from a listing price of KES 14.
Stocks Watch – 31 May 2012
DTK, KQ, Longhorn and Scangroup make up or list of to-watch shares today. DTK was up 5.7% in yesterday's trading while Scangroup closed 7.84% higher at KES 55 from KES 51 the previous day.
Forex Trail – 31 May 2012
Below is a table comparing the performance of the Kenya Shilling against major international and regional currencies over the last two trading days; Tuesday 29th and Wednesday 30th May 2012. Currency Date US Dollar Sterling Pound Euro SA Rand KES/USHS KES/TSHS KES/RWF 29/05/2012 85.3958 134.1424 107.5728 10.2703…
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