Why Fuel Prices Shot Up
The recently announced pump prices have seen the price of Super Petrol increase by KES 2.63 to retail at KES 121.13, while Diesel has reduced minimally by 36 cents to retail at KES 108.44. The price of Kerosene has increased by 72 cents to retail at KES 87.00.
Kenya Power Makes Fresh Application to Revise Tariffs
Kenya Power has made a fresh application to the Energy Regulatory Commission (ERC) in its bid to adjust its tariffs upwards. An earlier proposal which was drawn and was expected to take effect in July has been withdrawn. The tariff sought to increase…
ARM Reports Positive First Quarter Results, Plans for a Share Split
Yesterday the company announced an increase in its first quarter results to KES 369 million. This represents a 17% increase in profits for the country’s second largest cement manufacturer by market value. As if in anticipation of this investor demand for the share rose during yesterday’s trading and the share…
Pesa Portfolio – 15 May 2012
The PesaPortfolio. We start off with Mumias, KCB, Housing Finance, Kenya Re, Kengen and Crown Berger.
We belive these stocks are currently undervalued and have potential to increase our portfolio value.
Stocks Investors Should Consider
As an investors or a prospective one choosing the right shares to invest in is a tricky affair. Confusion exists over which stocks to invest in for the short term and which ones to hold for a longer period. Investors also find it difficult partitioning their funds between government securities…
The Danger of Comparing Yourself to Others
A certified financial planner, blogger, CEO and founder of Alliance Wealth Management, LLC gives his views as to why people should simply quit comparing themselves to others. Jeff Rose, who blogs at Good Financial Cents shares his own experience at CrossFit, a strength and…
Lifestyle Inflation
You have been living a modest lifestyle, content with you neighbourhood, and was comfortable with commuting in a matatu, until you got a new job – and a raise along with it. All of a sudden your neighbourhood feels unsafe, you no longer feel comfortable riding in a…
Stocks Watch – 15 May 2012
A sneak peek into what to watch in today's trading at the NSE
Forex Trail – 15 May 2012
Below is a table of the movements between the Kenya shilling and other major international and regional currencies over the last two trading sessions (Friday 11th May 2012 and Monday 14th May 2012 based on the indicative rates published on the Central Bank of Kenya’s Website): Currency…
An Organic Investment
(This is a guest post by Kahonge, whose blog you can read here. He calls himself a culinary artist, ChefPreneur, and AgroEcologist) Agriculture is an art! I am not talking about the most common agricultural practices. I am talking about organic farming, as an art…the art…
Will Your Tap Be Running Today?
Are you a resident of Ngong Road, Kibera or Wilson Airport environs? Well, you are in luck today because your taps will be flowing with water as of 11.00 am. Below are other areas in upper zones of Nairobi that are expected to have water today: Data sourced from…
Closing Bell – 14 May 2012
Gainers Price (KES) Change (%) NIC Bank Limited 33.00 4.76 Athi River Mining 204.00 4.08 Total Kenya Limited 15.50 4.03 CFC Insurance Holdings Limited 7.95 3.92 Uchumi Supermarket Limited 15.95 3.57 Losers Price (KES) Change (%) Pan Africa Insurance Holdings Limited 26.75 9.32 Rea Vipingo Plantations Limited 14.50 4.92 Carbacid…
Move to Digital TV Signal Postponed, Again
The plan to move from analogue TV to digital broadcasting has been postponed again until 2013 by the Communications Commission of Kenya (CCK). Francis Wangusi, Director General CCK commented that digital transmission would not be possible for now, and again not all Kenyans would be able to…
Super Petrol Goes up Again
The energy industry regulator Energy Regulatory Commission (ERC) has announced new fuel prices for the month. The regulator gives new monthly rates that govern the pump prices for the next month. The new prices are not any good news for motorists as Super petrol has gown up.
Great Future for Mobile Money
The future and development of mobile money in Kenya is taking a greater and fast turn than it was expected. Over a short period of time, mobile money transfer has become the most popular mode of payment and transfer of cash in the country. In a recent global survey done…
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