Speaker to Rule on Finance Bill tomorrow
The speaker of the national assembly will give a ruling on the fate of the Finance Bill 2011-2012 tomorrow afternoon. The contentious bill which is long overdue has had legislators pointing accusing fingers at the executive for trying to handle budget matters without consulting relevant commissions. Garsen MP Danson Mungatana…
Safaricom Subscribers Enraged Over Slow Internet Speeds
Safaricom subscribers have raised concern over slow 3G Internet speeds. This comes barely a week after Safaricom unveiled its 42 Mbps broadband speed that was to make it the fastest mobile broadband provider. This morning, subscribers on social media were on a rage, complaining of the alleged capping…
Financial Reporting Centre Established to Fight Money Laundering
The Financial Reporting Centre has been established to lead the fight in the anti-money laundering war.
What is Liquidity? Why is Excess Liquidity Undesirable?
If you have been reading business press over the last week or so you have surely seen that the Central Bank of Kenya has been mopping up money from the economy through repurchase agreements (repos). Over the last 5 trading sessions the CBK has mopped up Ksh 31.1 billion through…
Stocks Watch
What to watch in today's trading at the NSE
Parliament to Discuss Finance Bill
Parliament resumes sitting today where it is expected to discuss the troubled Finance Bill that is long overdue, among other crucial bills. The Finance Bill which contains the amended VAT bill has proposals by several members of the August house to cap interest rates on loans and remove the 12%…
Express Kenya Compresses its Workforce to Stay afloat
Express Kenya attempts at staying afloat
LPG Cylinder Theft Blamed for Shortage of Gas in Kenya
why you pay more for gas
Join Safaricom’s Postpay Plan and Save
Did you know that you actually spend more as a Safaricom Prepay subscriber as compared to being a Postpay subscriber? Under the Postpay plan you will enjoy competitive tariff rates plus the convenience of monthly billing. What are the benefits…
Save 2 Million KES While Buying Your Plot
Buy a plot, save 2 million shillings, win-win.
2 weeks to save 2 million as you buy a plot in Migaa
Hopes of Direct Flights to the US
Upgrading of terminal (Photo: Transforming Kenya) There could soon be direct flights to the United States from Nairobi’s Jomo Kenyatta International Airport (JKIA). This majorly depends on whether the ongoing upgrade of JKIA would be approved as a ‘Category 1′ air field by the International Civil Aviation Organisation and Federal…
Expect Further Increase In Pump Prices
Prepare yourself for further increase in fuel prices in the coming months as the price of crude and refined petroleum products in the international market continue to increase. The table below shows the trend of monthly exchange rates and crude prices for the last 12 months.
Closing Bell 16/4/12
Closing Bell 16/4/12 Gainers Price (Ksh) Change (%) Pan Africa Insurance Holdings Limited 28.00 9.80 British-American Investments Limited 4.40 4.76 Sameer Africa Limited 3.95 2.60 Mumias Sugar Company 4.80 2.13 KenGen Limited 7.80 1.96 Losers Price (Ksh) Change (%) TPS(Serena) Eastern Africa 45.50 6.67 East Africa Portland Cement 56.00…
Why Pump Prices Went Up
The Energy Regulatory Commission (ERC) attributes the recent rise in fuel pump prices to the 5.43% increase in Free On Board (FOB) price of Murban crude oil. The price of Murban crude oil in March 2012 was posted at US $ 126.99 per barrel from US…
With This Million, I Thee Wed
“I cannot afford to bring up a family, leave alone a wedding”, these were words I overheard in a Matatu conversation a while back. “A million bob wedding gown?” these were words I read yesterday on the twitter stream after NTV’s Samantha Bridal. Many of us couldn’t understand why anyone…
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