EABL Boss Bows Out
EABL CEO bows out. Ago go back to Naijiria...
Sexually Transmitted Debt
To love is to suffer. To avoid suffering one must not love. But then one suffers from not loving. Therefore to love is to suffer, not to love is to suffer. To suffer is to suffer. To be happy is to love. To be happy then is to…
Would You Pay1.5M for Undergraduate?
They say cheap is expensive, and nothing good comes easy. A good education is an important and an inevitable pathway to a successful and fulfilling life. Higher education is becoming an expensive affair each day as the economy worsens and in the people’s quest to get the best, one is…
Inflation Drops to 13.06%
Kenya’s year-on-year inflation rate which has fallen for four consecutive months from a high of 20% in November to 15.61% in March has fallen once again in the month of April to 13.06%. This significant drop can be attributed to lower food prices observed during the month. The increase in…
Closing Bell 30-4-2012
Gainers Price (KES) Change (%) KenGen Limited 8.40 5.00 Bamburi Cement Limited 150.00 2.74 AccessKenya Group 4.75 2.15 The Co-operative Bank of Kenya 13.80 1.85 British American Tobacco Kenya Limited 325.00 1.5 Losers Price (KES) Change (%) Total Kenya Limited 15.20 7.88 Housing Finance Company Limited 14.50 2.36 Sameer Africa…
CBK Weekly Bulletin Simplified
According to the Central Bank of Kenya’s weekly report the interbank rate, the cost at which commercial banks borrow from one another, increased to 19.31% up from 15.41% the previous week. This is attributed to tight liquidity due to tax payments being made by corporations. To understand how this affects…
Drop in Taxes Hasn't Increased Gas Usage
Despite the Government dropping taxes on cooking gas in 2005, supply of the same has not reflected the move. This has majorly been attributed low supply due to storage issues. LPG usage has been curtailed by lack of enough storage capacity that stands at 3,960 tonnes, comprising 1,250 tonnes LPG…
292% Oversubscription on 91-day T-Bills
The Central Bank of Kenya last week had two sales, one for 91-day treasury bills and the other for 182-day treasury bills. The 182-day treasury bills on offer amounted to KES 2 billion shillings and the CBK received 125 bids (122 bids accepted) amounting to KES 2.74 billion,…
How Practical Is GOtv Labour Day Offer?
I stumbled on GOtv’s Labour Day offer, on one of the papers this morning, and I tried to figure out how practical or cost effective it is. The offer states that you can buy a GOtv decoder for KES 3,340 when you subscribe for 3…
Williamson Tea Appoints New Director
Willimason Tea have appointed a new director to the board
Global Hotel Brands Coming to Nairobi for the Africa Hotel Investment Forum
Several premium global hotel and tourism giants have confirmed their participation in the forthcoming Africa Hotel Investment Forum to be held in Nairobi. The more than one dozen hotel chains will be hosted in Nairobi this September by the Kenya Tourist Development Corporation (KTDC) which is the 2012 host partner…
The Different Faces of “Unlimited”
How unlimited is unlimited? My recent analysis of the “unlimited” tariffs or offers by the mobile service providers have made me question my understanding of the word “unlimited”. The mobile service providers claim to give us unlimited products which in reality appear to be limited.
Stocks Watch 30-4-2012
The shares to watch today include: Kenya Airways: The Kenya Airways rights issue closed on Friday last week and it would be worthwhile to observe how the share performs in the aftermath of the issue. Crown Berger: last week the share was consistently one of the highest gainers. It will…
Forex Trail 30 April 2012
A recap of last week's forex movements, highlighting how the kenya shilling closed on Friday.
Bye-bye Unlimited Data
Safaricom’s unlimited data plan is to be discontinued with effect from midnight, 30th April 2012. This comes after Safaricom CEO, Bob Collymore expressed concern over “misuse” of the service by subscribers. Customers who use the service can still buy the unlimited data bundles until midnight, 30th April and…
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