The Rich Are Different From The Poor
Some time back, I stumbled across this book: Secrets of Millionaire Mind, by T. Harv Eker. Eker believes that we each possess a “financial blueprint”, an internal script that dictates how we relate to money. Our blueprints are created through lifelong exposure to money messages from the people…
Do You Budget for Charity?
When you are a businessman or an individual who has grown up or lived in a certain community, there is a certain obligation to that community that never goes away. In Kenya for instance, when you are a member of a church, local development group or parent in a public…
Being Broke Ain't Bad After All
It is that time of the month when most guys are as broke as ever. What is left in your bank account, that’s if there’s any, seems not enough to push you till the end of the month. All you can do is wish that the month would…
1.5% Interest Loans For Civil Servants
Micro Finance Institution Faulu Kenya has designed a new loan product that will be charging a low interest rate of 1.5%. This loan is designed for Civil servants and employees of Teachers Service Commission. To access the loans, one would have to produce original copies of identification documents and certified…
For Your Weekend Reading
Starting today, we will be putting together a collection of articles we found on the interwebs that make for good weekend reading. These ones will start us off. 1. Marital Discord: If It’s Not Sex, It’s Money There’s a fundamental problem here. According to her definition, as…
Closing Bell – 25 May 2012
Gainers Price Change Crown Berger 29.50 +8.26 Eveready East Africa 1.85 +2.78 Olympia Capital Holdings 3.80 +2.70 AccessKenya Group Limited 4.75 +2.15 Diamond Trust Bank Kenya Limited 102.00 +2.00 Losers Price …
PesaPortfolio – 25 May 2012
The gain and the loss led to a net gain of KES 100. Below is a table showing the performance of the Pesa Portfolio following yesterday’s trading session at the Nairobi Securities Exchange. The portfolio increased in value by 0.10585% using the closing prices of the NSE. Share Market…
CMA's Red Flag On Fraudsters
Capital Markets Authority has warned that it will be blacklisting fraudsters soon. The capital markets regulator has expressed concerns over fraudulent instances that have been seen in several organizations in the country. Capital Markets Authority chief executive Stella Kilonzo says fraudsters have been running down established and growing companies, a thing she…
Safaricom’s Data and Voice Service Outage
Safaricom subscribers in Western Kenya Experience data and voice outage
Your Tap to Stay Dry a Little Bit Longer
Nairobi City Water and Sewerage Company had earlier announced that repairs on the supply pipe from Sasuma Dam were to be completed at the beginning of this week and that normal water supply was to resume by Wednesday, 23rd, May 2012. Latest news from…
Stocks Watch – 25 May 2012
EABL is on our watch list today. The share dropped a shilling in yesterday's trading to close at KES 218 but we feel it remains worth observing.
Carbacid is also on the list and its 2.94% increase in value from KES 102 to KES 104 and we will keep a keen eye on it.
Forex Trail – 25 May 2012
Below is a table comparing the performance of the Kenya Shilling against the major international currencies as well as the currencies of our neighbouring countries in the last two trading days, Wednesday 23rd and Thursday 24th May 2012: Currency US Dollars Sterling Pounds Euro SA Rand KES/USHS KES/TSHS KES/RWF Date…
Your PesaTweets
There are times you sit on your computer, staring at a moving twitter timeline, and a healthy burst of financial education hits you, loaded in 140 characters. From time to time, we will be scouting the Twitter timelines, sharing some of the best #pesatweets we bumped into within the week. …
Get a Samsung Galaxy Pocket for Free
After launching the Samsung Galaxy Pocket this week, Samsung Electronics East Africa has an exciting offer running today from 11 a.m in selected stores across the country. Buyers will get a brand new Samsung Galaxy Pocket phone on purchasing one. So go ahead and spread the word, BUY 1 Samsung…
Contaminated Fuel Could Get To Your Car
There is a growing fear that the over 1 million litres of alleged contaminated fuel could find its way into the market. Kenya Pipeline Company has not yet established what tainted the fuel which was already in its distribution facility. The importer of the fuel Gulf African Petroleum (GAPCO), has…
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