Plenty Of Job Opportunities In The East Africa Aviation Industry
Has your kid completed his high school education and still has his career options open? Why don’t you enroll him to a local aviation college? Kenya needs 2,000 more pilots to meet the current demand of 5,000 as the East African aviation industry complains of losing highly skilled manpower to…
EABL Interim Dividend To Be Paid Next Week
East African Breweries Limited, East Africa’s leading branded alcohol beverage business, is expected to pay a Kshs. 2.50 interim dividened per share to shareholders on 13th April 2012. The share closed trading in yesterday’s session at Kshs. 202.00 with the counter moving 53,300 shares yesterday resulting in a turnover of…
GO Tv Hikes Monthly Charges But Lowers Installation Fees
GOtv, the latest entrant in the Kenya pay TV market, recently revived its rates, increasing the monthly subscription fees and lowering installation fees. The monthly subscription fees increased by KES 135, from KES 585 to KES 720, this coming amidst numerous complaints from GOtv subscribers. The installation fees…
Why do we feel the need to give to Charity?
When you are walking down the street and a beggar stretches his bowl for a shilling, do you ever wonder why you are so pushed to help? And if you pass him by, do you also wonder why there is a sudden rush of guilt? Is it because we naturally…
Why Money makes you unhappy
(Article from wired.com) Money is surprisingly bad at making us happy. Once we escape the trap of poverty, levels of wealth have an extremely modest impact on levels of happiness, especially in developed countries. Even worse, it appears that the richest nation in history – 21st century America – is slowly…
EABL faces active competition
The performance of the company is a matter of great concern to the shareholders. In every industry there exists factors that may promote or inhibit company performance. One factor that may actually both promote and inhibit this performance is competition. The clearest indicator of increased competition is the entrance of…
Chase Bank reports 58% profit increase
Source: chasebankkenya.co.ke Chase Bank, a privately-owned winner of the Special Award for Product Innovation, 2nd Runner up- Best Bank in Product Innovation, 3rd Runner up- Best Bank in SME at the 2011 Annual Banking Awards has announced its results for the year 2011. The company has reported a gain…
Closing Bell 03/04/2012
Gainers Price Change Unga Group Limited 9.90 5.88% Athi River Mining Limited 170.00 5.59% Diamond Trust Bank Kenya Limited 93.50 3.89% Housing Finance Company Limited 14.40 3.23% East African Cables Limited 11.00 2.80% Losers Price Change Car & General (K) Limited 23.50 9.62% Carbacid Investments Limited 88.00 9.28%…
New innovative Products from Ecobank
Ecobank in the last four months has rolled out a series of innovative products all aimed at diversifying its services and response to customer needs. These include the Retail Internet Banking, Salary Advance Account and the launch of the Visa Chip cards. In the…
Congratulations Safaricom
Safaricom’s customer care twitter handle has proved to be reliable, interactive and effective when it comes to addressing customer queries. Unlike Yu Mobile twitter handle where queries take up to 24 hours to be responded to, Safaricom responds at a faster rate of no more than fifteen minutes.
Ecobank opens new Branch
Ecobank has officially opened a new branch in Nairobi. The New Ecobank Karen branch, the bank’s 24th in the country and 10th in Nairobi was officially opened by Finance Minister and Ndia MP Njeru Githae. The Tobank, which was first introduced in Kenya in…
What determines choice of Matatus on your Route?
Kenya has had a blessing in terms of public transport thanks to the Matatu phenomena. However, in the recent past, reckless driving by Matatu drivers has gone into books as having killed more Kenyans than some seriously known chronic diseases. The Nairobi Matatu system has it that there…
KQ to offer competitive rates in the near future
The deal signed between General Electric Aviation’s (GE) and Kenya Airways (KQ) will see GE supply KQ with engines for the nine Boeing 787 Dreamliners and a few other planes to be purchased in the future. The 19 GE-nx-1B engines to be bought deliver 15% fuel…
Foreign exchange reserves increase to 9-month high
The foreign exchange reserves held by the Central Bank of Kenya increased last week to the highest levels in the last 9 months. An increase in foreign reserves, caused by the Central Bank buying foreign currency (usually the US dollar) using local currency has helped stabilise the shilling against…
The Famous and Bankrupt
If it makes you feel any better, even Presidents, Nobel Prize winners and Donald Trump have had their own share of bankruptcy and financial difficulties. There is no aloneness in this ‘broke’ corner. Maybe the only thing that is different is the levels of ‘financial difficulties’. Your bad could be…
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