I stumbled on GOtv’s Labour Day offer, on one of the papers this morning, and I tried to figure out how practical or cost effective it is. The offer states that you can buy a GOtv decoder for KES 3,340 when you subscribe for 3…
Several premium global hotel and tourism giants have confirmed their participation in the forthcoming Africa Hotel Investment Forum to be held in Nairobi. The more than one dozen hotel chains will be hosted in Nairobi this September by the Kenya Tourist Development Corporation (KTDC) which is the 2012 host partner…
How unlimited is unlimited? My recent analysis of the “unlimited” tariffs or offers by the mobile service providers have made me question my understanding of the word “unlimited”. The mobile service providers claim to give us unlimited products which in reality appear to be limited.
The shares to watch today include: Kenya Airways: The Kenya Airways rights issue closed on Friday last week and it would be worthwhile to observe how the share performs in the aftermath of the issue. Crown Berger: last week the share was consistently one of the highest gainers. It will…
Safaricom’s unlimited data plan is to be discontinued with effect from midnight, 30th April 2012. This comes after Safaricom CEO, Bob Collymore expressed concern over “misuse” of the service by subscribers. Customers who use the service can still buy the unlimited data bundles until midnight, 30th April and…
The Energy Regulatory Commission (ERC) is reviewing the Energy (liquefied petroleum gas) Regulations 2009, to not only set prices for cooking gas refilling by oil marketing companies, but also to determine how much the various types of gas cylinders should cost. ERC plans to…
Was April an economically friendly month for you? Well, we are set to find out, any time today, when Kenya National Bureau of Statistics (KNBS) announces April’s Consumer Price Index (CPI). Inflation rate currently stands at 15.61% down from 16.69% in February.
The rains that have rocked Nairobi and other parts of the country in recent days can be looked as both a blessing and a curse. Consumer comfort depends a great deal on the amount of rainfall this country receives through the year. Food production and electricity generation in Kenya…
As regional retailer, Nakumatt Holdings, steps up its market development plans, the retail chain is now all set to open the doors to Kenya’s largest multi-media store. In line with its strategic focus to provide lifestyle enhancing products and services, Nakumatt Holdings will in coming days open the door to…
The old tag line of ‘keep change’ has been fading away with the years as the world economy worsens with time. The tipping in hotels and other establishments still exist but it is on such a low scale because people want to save as much money as they can. However,…
The Central Bank of Kenya releases a weekly bulletin every Friday. This bulletin is more of a digest as it contains quite a bit of information on the performance of the money market over the week. However it is important to know exactly what to look out for in the…
For all investors the performance of a company’s share is a pretty good indication of whether it is worthwhile to purchase stock in the company. Usually, if the price of a share has been falling consistently shareholders will sell their shares while a share whose price is soaring will be…