Slavery By Currency
In the words of Leo Tolstoy Money has in our time completely lost that desirable significance as a representative of labour; such a significance it has only exceptionally, for as a general rule it has become a right or a possibility for exploiting the labour of others. The…
10 Tips For Saving On Your Food Costs
#10. Buy more at once. As a shopper you can often score discounts by buying items such as beans, pasta, and rice in bulk. Just be sure to store the food in a safe spot to avoid waste. #9. Compare prices. This is important. Don’t just buy off the shelf…
Before You Tick the Terms and Conditions Box
The important small print setting on our contractual rights, the one you always sign against before reading could land you into some serious trouble. Research conducted in the United Kingdom revealed that only 7% of Britons read the online terms and conditions when signing up for products and…
The Ten Cannots
William John Henry Boetckere , an American religious leader and influential speaker is well remembered for his authorship of the pamphlet with The Ten Cannots which emphasized the freedom of the individual to himself. They have often been mistaken with Abraham Lincoln’s quotes on limitations which bore a similar message.
Trust Me, I'm a Matatu Selection Expert
There is no way to predict share movements. All we can do is hypothesize and hope. Anyone making guarantees to you that XYZ is going to rise tomorrow so you should buy is a cheat.
A Simple, User Friendly Budgeting System
Contemporary budgets can be complicated and difficult to formulate and follow. It is a fact that not everyone is comfortable with detailed planning and a traditional budget might just not work for most of us. Well, there is a simple and user friendly budgeting alternative.
The Week in Review
NSE Performance Over the course of trading last week, Kenyan shares blasted to a nine-month high on Thursday and Friday as they rose for the sixth straight session to 3,677.81 on Thursday. This could be attributed to investors pouring their funds back into equities largely due to falling inflation and…
Back-up Artists to Earn Royalties
Back up artists will soon be earning royalties for the work they do with mainstream artists. The list of these artists include guitarists, drummists and dancers. Music producers are also in line to start getting royalties from television and radio should changes in the copyright laws be adopted. In the…
Closing Bell – 18 May 2012
Gainers Price (KES) Change (%) Limuru Tea Company Limited 451.00 10.00 CITY 245.00 8.89 Trans-Century Limited 27.00 8.00 Standard Group Limited 24.00 5.49 CFC Stanbic Insurance Holdings 8.00 4.58 Losers Price (KES) Change (%) Kenya Power and Lighting Company 14.15 5.67 Eveready East Africa Limited 1.70 5.56 Sammer Africa Limited…
KCB Shareholders Get 48% Increase in Dividend
Kenya Commercial Bank Group has announced a 48% increase in dividends to its share holders for 2012/2013. At the Bank Group’s Annual General Meeting group at the KICC Chairman Peter Muthoka announced that shareholders will now get a dividend of Shs. 1.85 per ordinary share as compared to last years…
What's Your Side Gig?
Most people who are currently running their own companies started them as a mere side gig to get an extra penny. Emma Nganga, a once successful PR associate, turned to dairy farming, her longtime side gig. Eric Kinoti, founder and managing director of Shade Systems East…
Barclays Bank Share Reaches its Highest in Two Months
In yesterday’s trading the Barclays Bank of Kenya (BBK) share gained 3.1% to close at KES 13.45 per share. Over the course of the day the share hit KES 13.50, the highest value the share has attained since February 16th this year. This increase comes a day after the bank…
Pesa Portfolio – 18 May 2012
Our Pesa Portfolio of KES 99,000 increased KES 800 in value in yesterday's trading. Our holdings in Mumias Sugar, Housing Finance and Kenya Re supported this increase in value, with the net gain being diluted by drops in the Kengen and Crown Berger shares.
MTR Could Drop Below the Shilling Mark, CCK
Information industry regulator Communications Commission of Kenya CCK plans to bring down Mobile Termination Rates (MTR) to below one shilling. MTR is the amount of money an operator pays other operators when its subscribers call the other network. The regulator announced last month that it would be bringing down…
Use My Tax Money Wisely
“Government can never get broke, it is people like you and me who get broke,” – Joseph Kinyua, Permanent Secretary, Ministry of Finance Did you know that Kenya ranks 4th in the Global Property Guide’s list of Most highly taxed countries; ranked a place…
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