Is COTU’s Argument Against NHIF New Rates Reasonable?
Central Organization of Trade Unions (COTU) has issued a 14 day strike notice over the new National Hospital Insurance Fund (NHIF) rates. Are COTU arguments valid, or is NHIF working in the worker’s interest? Francis Atwoli, COTU Secretary-General, has raised several arguments…
What You Should Know About Co-Signing or Guaranteeing a Loan
Have you ever been approached by a friend or relative who needed you to co-sign or guarantee a loan or their mortgage? Do you know of what you are getting yourself into when you co-sign or guarantee a loan? People often co-sign or guarantee loans for friends or relatives without…
How Disorganization is Costing You Money
Your disorganization is costing you a great deal of money. Here are some ways through which you are simply throwing money out the window, money that you could have saved if you tried to be a little organized. Missed payments and extra charges– Rent is not a thing most of…
Is the Minimum Wage Increment Viable?
The Labour Day announcement of a 13.1% increase in the minimum wage will see the lowest paid workers start earning KES 8,579. To read more on this click here While this increment will help the poor cope with the high commodity prices, how viable…
Stocks Watch 2-05-2012
The counters of interest in today’s trading are: KenGen Limited: As at the close of business on Monday the power generating company was the highest gainer having closed 5% higher than it had opened. It will be worthwhile to see whether this will continue in today’s trading or whether it…
CBK to Auction KES 3 Billion Worth of T-Bills
The Central Bank of Kenya (CBK) will today auction 182 day Treasury Bills worth KES 3 billion. This comes after last week’s auction of Treasury Bills and a Treasury bond worth KES 2 billion and KES 5 billion respectively. Last week the Treasury bills were oversubscribed by 137% while the…
Minimum Wage Increased
Lowest earning workers in the country could start earning a minimum wage of Shs 8,579 after the government proposed a 13.1% increase in the minimum wage. The announcement made at this years’ International Labour Day celebrations on May 1st was met with mixed reactions from the public. The cost of living…
Want to Trade? Don't Be Like Him
This one goes out to those of us who try as much as possible not to take responsibility when things go wrong, but are up celebrating when things go as planned. When it comes to money, one needs to make decisions that, whichever outcome, they will take responsibility. Say for…
COTU Calls Strike Over NHIF Rates
Central Organization of Trade Unions (COTU) chairman Francis Atwoli has called on all workers to go on strike beginning 14th of May. The strike is in protest over the new payment rates proposed by National Hospital Insurance Fund (NHIF). Atwoli was speaking at the…
A 10% Reward for M-PESA Top-ups, Says Safaricom
This new month, Safaricom has rolled out a new offer that will earn you a 10% bonus on credit every time you top up via M-PESA. The promotion runs from 1st to 31st May, and is applicable for top-ups between KES 5 to 1,000. This comes a day after the…
EABL Boss Bows Out
EABL CEO bows out. Ago go back to Naijiria...
Sexually Transmitted Debt
To love is to suffer. To avoid suffering one must not love. But then one suffers from not loving. Therefore to love is to suffer, not to love is to suffer. To suffer is to suffer. To be happy is to love. To be happy then is to…
Would You Pay1.5M for Undergraduate?
They say cheap is expensive, and nothing good comes easy. A good education is an important and an inevitable pathway to a successful and fulfilling life. Higher education is becoming an expensive affair each day as the economy worsens and in the people’s quest to get the best, one is…
Inflation Drops to 13.06%
Kenya’s year-on-year inflation rate which has fallen for four consecutive months from a high of 20% in November to 15.61% in March has fallen once again in the month of April to 13.06%. This significant drop can be attributed to lower food prices observed during the month. The increase in…
Closing Bell 30-4-2012
Gainers Price (KES) Change (%) KenGen Limited 8.40 5.00 Bamburi Cement Limited 150.00 2.74 AccessKenya Group 4.75 2.15 The Co-operative Bank of Kenya 13.80 1.85 British American Tobacco Kenya Limited 325.00 1.5 Losers Price (KES) Change (%) Total Kenya Limited 15.20 7.88 Housing Finance Company Limited 14.50 2.36 Sameer Africa…
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