Kenya Shilling Loses 3% in 3 Months
The Kenya Shilling Has Lost 3% In The last 3 Months...
PesaPortfolio – 5 June 2012
Below is the value of our portfolio as at the close of trading at the NSE yesterday: Share Market Segment Units Latest Share price (KES) Previous Price (KES) Current portfolio value (KES) Previous portfolio value (KES) Mumias Sugar Company Manufacturing and allied 1,350 5.75 5.70 7,762.50 7,695.00 Housing Finance Company…
CMC Reports a 220% Jump in Profits
CMC Holdings has reported a 219% increase in half-year profits for the period ended March 31, 2012. This jump can be attributed to huge net foreign exchange gains and an emphasis on cost control to minimise operating expenditure. Profit after tax, for the six months, rose to KES 383 million…
CBK Expected to Maintain Benchmark Rate
The Central Bank of Kenya’s Monetary Policy Committee (MPC) is expected to hold a meeting today. The Central Bank’s principal objective is the formulation and implementation of monetary policy directed to achieving and maintaining stability in the general level of prices. The aim is to achieve stable prices – that…
Chama Accounts That Suit Your Group's Saving Needs
Investment groups in Kenya, also known as Chama (Swahili for organized group) have become a popular avenue for investors to grow their worth. Quite often, these groups start small and they depend on members’ input for financial advise and assistance. In the last few years several banks have designed products…
Death of the Planet by Consumerism
Today, 5th June, we celebrate the environment. On this day, you are reminded of the responsibility you have as an inhabitant of the planet. You have the power to become an agent to ensure a cleaner, greener and brighter environment for yourself and the future generations. Just as we are…
Forex Trail – 5 June 2012
Below is a comparison of the performance of the Kenya Shilling over the last two trading days; Thursday 31st May and Monday 4th June 2012: Currency US Dollars Euro Sterling Pounds SA Rand KES/USHS KES/TSHS KES/RWF Date 31/05/2012 86.825 107.6096 134.5124 10.1415 28.6209 18.3128 6.9394 04/06/2012 86.1167 106.8906 132.3502 10.0089…
Airtel’s Customer Care Experience to Improve
Bharti Airtel Limited has signed a five year partnership with Avaya Communications Outsourcing Solutions, a partnership that will see Airtels’ customer care experience extended from traditional voice based to video and social media interactions, transforming Airtel’s customer service experience. Services to be introduced from this partnership…
Carbacid Gains in Yesterday's Trading
The Carbacid share yesterday rose KES 8 in yetserday's trading to take the top gainer position. With just 200 shares trading...
Stocks Watch – 5 June 2012
The NSE 20 share index yesterday closed at 3,653.29 points, up 2.22 points (0.07%) from the previous session’s 3,650.85 points. The NSE all share index however closed 0.27 pints (0.34%) down in yesterday’s trading to close at 78.21 from the previous 78.48 points. The market closed with a…
UNIPESA Kiosk Network Launched
You now have an additional option when it comes to settling your bill after UNIPESA Kiosk Network was launched last week, adding to the existing utility payment options available in Kenya. UNIPESA Kiosk Network is a service that enables you to settle your bills through a…
Diamond Trust Bank Loses 4 Shillings in Trading
The Diamond Trust Bank share yesterday lost 4 bob in trading, closing 3.92% at KES 98 from the previous day's close of KES 102. The share price drop came with just 200 shares trading...
Closing Bell – 4 June 2012
A summary of today's trading on the NSE
Sasini Share Increases in Value
Over the course of trading last week, the coffee producer’s share had been appreciating from KES 11.70 to KES 12 to KES 12.70. In today’s trading the share closed at KES 12.95, 1.97% up from the level it closed at on Thursday last week. www.bloomberg.com This increase is surprising…
Family Bank May List on the NSE
Family Bank shareholders recently approved a rights issue. The company wishes to raise KES 4.5 billion for its expansion plans, 33% of this coming from the rights sale. The company is also making plans to get listed on the NSE...
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