Nairobi City Water and Sewerage Company had earlier announced that repairs on the supply pipe from Sasuma Dam were to be completed at the beginning of this week and that normal water supply was to resume by Wednesday, 23rd, May 2012. Latest news from…
EABL is on our watch list today. The share dropped a shilling in yesterday's trading to close at KES 218 but we feel it remains worth observing.
Carbacid is also on the list and its 2.94% increase in value from KES 102 to KES 104 and we will keep a keen eye on it.
Below is a table comparing the performance of the Kenya Shilling against the major international currencies as well as the currencies of our neighbouring countries in the last two trading days, Wednesday 23rd and Thursday 24th May 2012: Currency US Dollars Sterling Pounds Euro SA Rand KES/USHS KES/TSHS KES/RWF Date…
There are times you sit on your computer, staring at a moving twitter timeline, and a healthy burst of financial education hits you, loaded in 140 characters. From time to time, we will be scouting the Twitter timelines, sharing some of the best #pesatweets we bumped into within the week. …
After launching the Samsung Galaxy Pocket this week, Samsung Electronics East Africa has an exciting offer running today from 11 a.m in selected stores across the country. Buyers will get a brand new Samsung Galaxy Pocket phone on purchasing one. So go ahead and spread the word, BUY 1 Samsung…
There is a growing fear that the over 1 million litres of alleged contaminated fuel could find its way into the market. Kenya Pipeline Company has not yet established what tainted the fuel which was already in its distribution facility. The importer of the fuel Gulf African Petroleum (GAPCO), has…
Banking with Yu Cash is currently limited to Equity Bank and Co-operative Bank, and once registered to mobile banking your bank account will be automatically linked to your Yu Cash account, enabling you to deposit and withdraw cash from your account through Yu cash. Below are…
Budgeting is a pivotal item in managing personal finances, which many people have either succeeded in or failed at terribly. A properly prepared budget could lead to properly informed purchases and expenditure which in most cases builds the base block for saving to take place. In Kenya, transport is an…
(Update: The fares below are from London via Nairobi to the destinations indicated. We apologise for the error) The national carrier, Kenya Airways yesterday offered its passengers a discount on return air tickets to its major destinations. Below is a summary of…
International oil prices fell below $90 a barrel for the first time in over seven months on Wednesday, a fall attributed to the tumult in the Eurozone, excess supply and positive news from Iran. The price of Murban crude oil appears to have stabilized at $84.80,…
Albert Einstein ranks top on my list of men who represent the virtue of excellence. He is inarguably one of the smartest men to walk on this earth, an average at best in school but a man of uncanny wisdom. Below are a couple of lessons we…
Accessing loans in the country for small businesses, personal use or for paying school fees is a major problem for many people. Putting in mind the high interest rates that banks and micro finance institutions charge, loans are almost unaffordable. Kiva is a non-profit organization founded in…
Mumias Sugar yesterday increased 5 cents and Uchumi closed 30 cents up to boost the value of our portfolio. Housing Finance and Kengen however slipped slightly to dilute our gains. The NSE 20 share index performed 26% better than our Pesa Portfolio.