Stocks Watch
As at the close business yesterday, the NSE All share index had moved up by 0.25 points (0.33%) to close at 74.93 points while the NSE 20-Share index had risen by 0.5% to close at 3461.19 points. Safaricom was the most active share in yesterday’s trading moving 9.2 million shares…
Get The Most from Safaricom’s Post Pay Plan
Thanks guys for the positive response on our previous post on: Join Safaricom’s Postpay Plan and Save. I thought it would be ideal to give you some more information that would make it easier to use this Postpay plan plus enable you to get…
President Urges EALA to Remove Trade Barriers
President Mwai Kibaki on Tuesday urged member states of the East African Community to hasten removal of trade barriers. The president was addressing the fourth sitting of The East African Legislative Assembly (EALA). President Kibaki spoke against the existence of trade barriers in the regional economic bloc even after the…
Integration, What Does it Mean?
Over the last few years there’s been quite a bit of discussion on integration and how the East Africa Community can be united into one economic block. This integration would include the unification of economic policies between the five East African States through the partial or full abolition of tariff…
DStv Launches New Channels
Multichoice annual price reviews saw an increase in monthly subscriber fees. (Read the price reviews here) These price reviews come with something good-an increase in the number of channels in the different bouquet packages. The new channels include: Trace Sports: Accessible on channel 129…
How Much It Would Cost You to Gain Occupancy of State House
Thinking of vying for Presidency or just curious about how much it would cost to vie for the position? Well, this post is for you. A survey by Coalition for Accountable Political Financing (CAPT), a Nairobi-based think-tank, shows that the 2007 general election was the most expensive in…
Closing Bell 17/04/2012
A summary of today's trading at the NSE. All the numbers you need to know.
Finance Bill in Trouble
Members of parliament have threatened to shoot down the supplementary budget presented by the Ministry of Finance today. The Legislators claim that treasury in tabling supplementary estimates should be informed based on what should have accrued from taxes if parliament had passed Finance Bill 2011-2012. They now want the supplementary…
Speaker to Rule on Finance Bill tomorrow
The speaker of the national assembly will give a ruling on the fate of the Finance Bill 2011-2012 tomorrow afternoon. The contentious bill which is long overdue has had legislators pointing accusing fingers at the executive for trying to handle budget matters without consulting relevant commissions. Garsen MP Danson Mungatana…
Safaricom Subscribers Enraged Over Slow Internet Speeds
Safaricom subscribers have raised concern over slow 3G Internet speeds. This comes barely a week after Safaricom unveiled its 42 Mbps broadband speed that was to make it the fastest mobile broadband provider. This morning, subscribers on social media were on a rage, complaining of the alleged capping…
Financial Reporting Centre Established to Fight Money Laundering
The Financial Reporting Centre has been established to lead the fight in the anti-money laundering war.
What is Liquidity? Why is Excess Liquidity Undesirable?
If you have been reading business press over the last week or so you have surely seen that the Central Bank of Kenya has been mopping up money from the economy through repurchase agreements (repos). Over the last 5 trading sessions the CBK has mopped up Ksh 31.1 billion through…
Stocks Watch
What to watch in today's trading at the NSE
Parliament to Discuss Finance Bill
Parliament resumes sitting today where it is expected to discuss the troubled Finance Bill that is long overdue, among other crucial bills. The Finance Bill which contains the amended VAT bill has proposals by several members of the August house to cap interest rates on loans and remove the 12%…
Express Kenya Compresses its Workforce to Stay afloat
Express Kenya attempts at staying afloat
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