The World's Highest Paid Athletes
The top 100 highest earners in sports were paid over 200 billion shillings last year alone. The top earner, Floyd "Money" Mayweather earning over 7 billion shillings from just 2 boxing fights. And who said sports doesn't pay?
For Your Weekend Reading
Some five stories for this weekend’s reading. 10 Easy Ways To Save Money On Clothes Clothes are a forbidden area of discussion especially for ladies, and today I write about 10 simple ways we can spend less on clothes, without looking less stylish. Gentlemen, don’t look away just…
Closing Bell – 22 June 2012
Gainers Gainers Price Change KenolKobil Limited 14.25 9.20 KenGen Limited 8.80 7.32 Express Limited 3.80 5.56 Uchumi Supermarkets Limited 16.95 4.63 Total Kenya Limited 15.60 4.00 Losers Losers Price Change Standard Group Limited 23.00 4.17 Carbacid Investments 118.00 4.07 AccessKenya Limited 4.80 4.00 Sasini Tea and Coffee Limited 11.55 3.75…
Our Guide to the Digital Migration
With the digital migration fast gaining momentum, we have compiled a simple guide in regard to the costs associated with migrating to the digital TV world. Our table contains installation fees and monthly rates for the channel bouquet.
Finance Sector Regulatory Authorities To Unify Services
Financial sector regulatory authorities could soon be operating together should proposals by Finance Minister Njeru Githae be adopted. The minister proposes to have Insurance, capital markets and retirement benefits regulators work together to “strengthen the supervisory capacity, safeguard stability and enhance efficiency of the regulators” “The Government will shortly commence…
Road Expansion Could Reduce Commuting Cost
The ongoing road expansion and improvement projects in Nairobi and around the country is a welcome move for many road users. The Thika Superhighway improvement project has attracted many Nairobi residents to move t0 estates along the road. The road, which was known for notorious traffic jams during rush hour…
The Cost of Trying to Please Everybody
We spend money that we do not have, on things we do not need, to impress people who do not care. - Will Smith
DStv Cuts Decoder Prices
As of this morning you can buy a standard DStv decoder for KES 4,500, down from KES 5,999. After buying the decoder you will then choose a channel bouquet of your choice. Let’s break down how much you will actually pay when you buy the decoder…
Stocks Watch – 22 June 2012
At the close of trading at the NSE yesterday, the NSE 20-share index stood at 3,682.24 while the All-share index stood at 80.83. The total number of shares traded stood at 21.71 million in 1,603 deals. The equity turnover stood at KES 439.4 million. In today’s trading we will be…
Kapchorua Loses 3 Shillings in Trading
The Kapchorua Tea share yesterday lost 3 shillings in trading to close at KES 144 from the previous close of KES 147, a 2.04% drop in value on the share.
What the Euro Zone Crisis Means for Kenya
Have you ever wondered why a “debt crisis” in distant European countries matters to us all the way in Kenya? Or why the greedy actions of a handful of financial institutions on Wall Street in the US can have adverse effects on our daily lives? The answer lies in the…
BAT Gains 3 Shillings in Trading
The BAT share has risen by over 7% (KES 24) in the NSE in the last one month. Yesterday the share rose by KES 3 to close at KES 363.
Closing Bell – June 21 2012
Image source: FILE Image source: FILE Kenya Airways shares traded the highest with 3.94 million shares exchanging hands. The share price dipped 10 cents (-0.75%) to close at KES 13.20. Safaricom came in second with 3.43 million shares…
Angukia Hao 1st Mini Draw
“Angukia Hao na Ecobank”, a deposit mobilization campaign by Ecobank has entered its first leg. The bank will tomorrow, Friday 22nd June 2012 conduct the 1st mini draw winners’ award ceremony with the grand draw two months away. Angukia hao Promotion is targeting existing and potential…
World Bank: Kenya’s Economy Stabilizing but Still Vulnerable
The latest World Bank economic report on Kenya states that Kenya’s economy is gradually recovering from last year’s shock and is expected to grow at 5 percent in 2012. The report though notes that the economy remains vulnerable to domestic and shocks that may reduce growth to 4.1…
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