ERC to Start Regulating Cooking Gas Prices
The Energy Regulatory Commission (ERC) is reviewing the Energy (liquefied petroleum gas) Regulations 2009, to not only set prices for cooking gas refilling by oil marketing companies, but also to determine how much the various types of gas cylinders should cost. ERC plans to…
April’s Inflation Rate Set to Be Announced Today
Was April an economically friendly month for you? Well, we are set to find out, any time today, when Kenya National Bureau of Statistics (KNBS) announces April’s Consumer Price Index (CPI). Inflation rate currently stands at 15.61% down from 16.69% in February.
The Costly Side of Rain
The rains that have rocked Nairobi and other parts of the country in recent days can be looked as both a blessing and a curse. Consumer comfort depends a great deal on the amount of rainfall this country receives through the year. Food production and electricity generation in Kenya…
Nakumatt to Unveil ‘Planet Media’ – Kenya’s Largest Multi-media Store
As regional retailer, Nakumatt Holdings, steps up its market development plans, the retail chain is now all set to open the doors to Kenya’s largest multi-media store. In line with its strategic focus to provide lifestyle enhancing products and services, Nakumatt Holdings will in coming days open the door to…
Keep Your Change
The old tag line of ‘keep change’ has been fading away with the years as the world economy worsens with time. The tipping in hotels and other establishments still exist but it is on such a low scale because people want to save as much money as they can. However,…
Choosing the Right Bank
Banking for dummies...How to bank in this "Facebook Era!
What to Look for in the CBK Weekly Bulletin
The Central Bank of Kenya releases a weekly bulletin every Friday. This bulletin is more of a digest as it contains quite a bit of information on the performance of the money market over the week. However it is important to know exactly what to look out for in the…
What Affects the Share Price of a Company?
For all investors the performance of a company’s share is a pretty good indication of whether it is worthwhile to purchase stock in the company. Usually, if the price of a share has been falling consistently shareholders will sell their shares while a share whose price is soaring will be…
Is Social Media Affecting How you Spend money?
Have you ever thought of how much control social media has over the way you spend money? Let us use a practical example. It is Friday. You have the last KES 4,000 in your bank account. You already have movie plans with your laptop and your duvet. Then you log…
The Art of Investing When Young
The traditional low saving culture among Kenyans could be headed for the dead. The revelation follows a new trend by banks and insurance firms in promoting saving culture at earlier stages of life. Jubilee Insurance and Barclays Bank have announced initiatives targeting children and college going students in nurturing a…
Sharing a Bank Account with Your Spouse
I recently visited my bank branch and unexpectedly ran into my high school crush, she looked as beautiful as she did back in our school days, but sad to say, she was with her boyfriend. They were in the process of opening a joint account, so I learnt…
Set Aside a Fun Fund
Being smart about money should not mean worrying about it all time. Cut yourself some slack and enjoy your hard earned cash. The point of making money is not primarily to pay for your needs, live a little, have fun with what you earn. It will motivate you…
Is 688 Million Enough Compensation for Brain Damage?
How much do you value your brain? Is 680 million enough?
Telkom Makes 'Hola' Tariff Permanent
The promotional offer dubbed Hola that Telkom Kenya has been running is now going to be a permanent tariff. The service gives consumers a flat rate of Shs 10 for both voice and data in a day within the network. Telkom has been running the offer for a month and…
Closing Bell – 27 APRIL 2012
Gainers Price Change Crown Berger Limited 27.50 8.91% Athi River Mining 185.00 2.78% Total Kenya Limited 16.50 2.48% Sameer Africa 4.60 2.22% Unga Group Limited 10.40 1.96 Losers Price Change British-American Investments 4.80 6.80% Standard Group Limited 21.00 6.67% KenGen Limited 8.00 4.76% Kenya Commercial Bank Limited 22.25 3.26%…
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