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HELB Notice to Beneficiaries

The Higher Education Loans Board (HELB) wishes to advise all loanees who have completed repaying their loans to apply for their Loan Clearance Certificates. The procedure for acquiring the certificates is as follows: Loanees should write to the board through HELD’s dedicated e-mail address:…
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Stocks Watch

At today’s trading at the Nairobi Securities Exchange, we will be closely observing the following share counters: CIC Insurance Group – After tumbling on all consecutive days from their second day of trading since the shares were listed on the NSE one and a half weeks ago,…
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NIC Gears Up For Rights Issue

NIC Bank has in an official statement released full details of the rights issue it is to carry out next month, in a move  indicating that Kenya’s second biggest rights issue this year is on track to take place as planned. The statement dated July 25th has…
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8 Things You Should Know This Morning

A couple of things you are waking up to this Monday morning: 1. What turned sweet taste of coffee farming into bitter brew? – Business Daily 2. Africa’s Richest Football Players – Ventures Africa 3. Corporate Kenya’s executives are increasingly acquiring shares in companies they…
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Internal Security, the Million Dollar Industry

Just how much does public safety cost? In light of the recent threats from Al Shabaab extremists and rampant Pirates off the coast of Mombasa, the government has decided to beef up security in the country. The cost of public safety alone has hit the KES 10 billion…
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Instantly Rich: Three Fascinating Stories of People Who Got Rich Quick

A lot of us would like to become fabulously rich as quickly as possible, and work tirelessly in this pursuit with hopes that our hard work and determination will soon be rewarded with a commensurate fortune to enjoy. However, today’s world has demonstrated that great wealth needs not…
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Just Got Paid: Money Mistakes to Avoid

It’s that time of the month when most of us are either already paid or about to get paid. There’s nothing as exciting finally having some money in your account. The struggle to make ends meet is finally over and if you had to borrow to make it…
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Closing Bell – 27 July 2012

The NSE 20 Share Index today dropped for the first time since Wednesday last week, dropping 0.2 percent to close at 3,870.51 points from 3,878.52 yesterday. Meanwhile, the All Share Index also lost 0.03 percent to close at 84.32 points from 84.35 points yesterday.
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Mumias Sugar Increases Yield to Meet Customer Demand

Mumias Sugar Company Ltd (MSC)  is getting rid of its old sprouts in favour of high yield sugarcane which will be used to boost production and improve its market penetration. According to MSC’s CEO, Peter Kebati, yields will improve thanks to favourable weather conditions and the…
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Insanely Expensive Stuff: Luxury Instant Noodles

I love noodles, they are relatively affordable and easy to make. All you need is a packet of instant noodles, which go for about  KES 30 and a cup of hot water and you will have yourself a decent meal. Picture this, buying a luxury packet of instant noodles for 29.95 Pounds…
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CMC Minority Shareholders Demand delayed AGM

A bloc of minority shareholders at giant auto dealer CMC Holding Ltd today came together to demand that the Capital Markets Authority (CMA) compel their directors to convene the overdue Annual General Meeting. The Nairobi Securities Exchange (NSE)…
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PesaPortfolio – 27 July 2012

Below is the value of the PesaPortfolio at the close of trading on Thursday 26th July 2012: The PesaPortfolio at the end of trading on Thursday 26th July 2012 At the close of trading yesterday, our PesaPortfolio had gained KES 122.50 to stand at KES…
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Manage Your Safaricom Line Online

Safaricom have launched an online customer care service dubbed Safaricom Self Care. It lets you monitor your phone’s billing history, how you accumulated and spent your bonga points, accessing your M-Pesa transaction dating back to three months, plus quick and easy access of customer care. All…
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8 Things You Should Know This Morning

Some of the stories you are waking up to: 1. Rockefeller Foundation wants to hire underprivileged youths from Kenyan slums – The Standard 2. Twitter hit by new mystery outage – Capital FM News 3. Serena profits are…
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