Want to Trade? Don't Be Like Him
This one goes out to those of us who try as much as possible not to take responsibility when things go wrong, but are up celebrating when things go as planned. When it comes to money, one needs to make decisions that, whichever outcome, they will take responsibility. Say for…
COTU Calls Strike Over NHIF Rates
Central Organization of Trade Unions (COTU) chairman Francis Atwoli has called on all workers to go on strike beginning 14th of May. The strike is in protest over the new payment rates proposed by National Hospital Insurance Fund (NHIF). Atwoli was speaking at the…
A 10% Reward for M-PESA Top-ups, Says Safaricom
This new month, Safaricom has rolled out a new offer that will earn you a 10% bonus on credit every time you top up via M-PESA. The promotion runs from 1st to 31st May, and is applicable for top-ups between KES 5 to 1,000. This comes a day after the…
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.
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