Fame Might Be The Next Currency After Money
Here is a something that might get you thinking as you relax and enjoy your Easter. Will money ever be replaced as the currency of the economy? A writer, Michael H. Goldhaber, believes that attention is the next currency. The castigated ‘cyber whores’ will be the next rich folks in…
Good Debt, Bad Debt?
Debt is a dirty word… isn’t it? It is something that we all strive to avoid, something we don’t want to be associated with, and something we shy away from. Whatever the case debt is something we cannot avoid. It is something we all identify with;…
CBK to Monitor Mobile Money
The Central Bank of Kenya (CBK)will start monitoring mobile money transaction in its quest to fight cyber crime related cases. Although there haven’t been many reported hacking cases in the current money transfer platforms, there is a growing need to secure the platforms due to the growing use…
The Passion Or The Money?
Say you have been offered a job, a very promising one and there is good money in it. But this job is not something you love doing. It is not what you would call ‘your passion.’ Let us also assume that currently, you are doing something you are passionate about,…
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Happy Easter!
We would like to wish all our readers a Happy Easter. Enjoy the long weekend and have as much fun as you can. Wherever you are going, drive safe. And spend money like there is a tomorrow! …
Closing Bell 05/04/2012
Gainers Price Change Kapchorua Tea Company 120.00 5.26% Pan Africa Insurance Holdings 26.00 4.00% Eveready East Africa Limited 1.55 3.33% Uchumi Supermarket Limited 12.80 2.81% Kakuzi Limited 82.00 2.50% Losers Price Change Express Limited 4.00 9.09% Eaagads Limited 31.00 8.82% TPS Serena Limited 46.00 6.12% Rea Vipingo Plantations…
Standard Group Reports a 12% Drop in Profits
Standard Group limited has reported a 12% drop in profits from a profit of Kshs. 249.239 million it posted for the period ended 31st December 2010 to Kshs. 219.298 million it posted for a similar period last year. In the financial reports posted on the NSE website the group said…
Jack Of All Trades And Master Of None?
Multitasking (Photo: examiner.com) The preaching from morning to evening in all corners of the nation hits the message. Develop the entrepreneurial mindset. So in our thousands we have taken the cue and joined the lucrative path, some of us leaving monthly secure paying jobs as one of our writers,…
Of Money, Luxury and Solitude
Being penniless sucks! But emerging research findings are proving to us that having no money can be a good bus to ride. We do not necessarily sulk into a corner of affliction when the money goes, even though there are things we might lack. Psychologists say that money mostly pushes…
Finally, A House You Can Afford
In the recent past, Kenya has witnessed a growth spurt of housing estate developments, from Edenville, Edenville Two, Tatu City, Migaa, Sahara Ridge, One Red Hill, Kihingo Village, Fourways Junction, Vipingo Ridge, Konza, the “city of dreams,” to the hundreds of apartments…
The Cost Of Living In Kibera
Many have moved to Nairobi in search of greener pastures but all they find is a greater amount of financial difficulty and constraint. Mr. Johnston Kamau, once a coffee farmer moved to Nairobi in the early 1980’s when the international coffee prices had hit an extreme low. He expected things…
Express Kenya Limited Shareholders To Be Wary
Things do not seem to be going well at logistics company Express Kenya Limited. Trouble started at the firm when the firm lost its single largest and most lucrative beer transportation business after regional brewing giant EABL awarded the Ksh. 2.3 billion-a-year contract to its rival DHL. Its notable remaining…
CBK Maintains Benchmark Rate At 18%
The Monetary Policy Committee of the Central Bank of Kenya mandated to regulate monetary policy (the aim being to achieve stable prices, that is low inflation, and to sustain the value of the Kenya shilling) met yesterday and resolved to maintain its benchmark rate at 18%. The Central…
Yield On Treasury Bills Falls
Yesterday the weighted average yields fell for all securities on auction at Kenya’s Treasury bill auction with investors favouring bills with longer maturity periods. Yields on the benchmark 91-day Treasury bill were 16.340%, 0.388% lower than last week’s yields of 16.728%. The central bank accepted bids worth Kshs. 1.77 billion…
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