LPG Cylinder Theft Blamed for Shortage of Gas in Kenya
why you pay more for gas
Join Safaricom’s Postpay Plan and Save
Did you know that you actually spend more as a Safaricom Prepay subscriber as compared to being a Postpay subscriber? Under the Postpay plan you will enjoy competitive tariff rates plus the convenience of monthly billing. What are the benefits…
Save 2 Million KES While Buying Your Plot
Buy a plot, save 2 million shillings, win-win.
2 weeks to save 2 million as you buy a plot in Migaa
Hopes of Direct Flights to the US
Upgrading of terminal (Photo: Transforming Kenya) There could soon be direct flights to the United States from Nairobi’s Jomo Kenyatta International Airport (JKIA). This majorly depends on whether the ongoing upgrade of JKIA would be approved as a ‘Category 1′ air field by the International Civil Aviation Organisation and Federal…
Expect Further Increase In Pump Prices
Prepare yourself for further increase in fuel prices in the coming months as the price of crude and refined petroleum products in the international market continue to increase. The table below shows the trend of monthly exchange rates and crude prices for the last 12 months.
Closing Bell 16/4/12
Closing Bell 16/4/12 Gainers Price (Ksh) Change (%) Pan Africa Insurance Holdings Limited 28.00 9.80 British-American Investments Limited 4.40 4.76 Sameer Africa Limited 3.95 2.60 Mumias Sugar Company 4.80 2.13 KenGen Limited 7.80 1.96 Losers Price (Ksh) Change (%) TPS(Serena) Eastern Africa 45.50 6.67 East Africa Portland Cement 56.00…
Why Pump Prices Went Up
The Energy Regulatory Commission (ERC) attributes the recent rise in fuel pump prices to the 5.43% increase in Free On Board (FOB) price of Murban crude oil. The price of Murban crude oil in March 2012 was posted at US $ 126.99 per barrel from US…
With This Million, I Thee Wed
“I cannot afford to bring up a family, leave alone a wedding”, these were words I overheard in a Matatu conversation a while back. “A million bob wedding gown?” these were words I read yesterday on the twitter stream after NTV’s Samantha Bridal. Many of us couldn’t understand why anyone…
CMA to Give MBA Students Internships
The Capital Markets Authority (CMA) will from May be giving internship opportunities to Master of Business Administration (MBA). The continental exclusive package is open for African students studying MBA in different Business School around the world. The leadership development programme is a partnership of CMA and The Tony Elumelu Foundation in…
Various Parties to Rake in Millions from KQ Rights Issue
The highly publicised Kenya Airways rights issue has an expense budget of Ksh 620 million. This budget is meant to foot the bill for various transactions pertaining to the success of the rights issue offer. The Ksh 20.6 billion rights issue opened on 2nd April 2012 and closes on 26th…
Of Fuel Price Increases and the Effects on Inflation
In a statement released by the Energy Regulatory Commission, the pump price of Super petrol in Nairobi has increased by Kshs. 6.81 to Kshs. 118.50 per litre. Diesel prices increased by Kshs. 3.67 to Kshs. 108.8 and Kerosene by Kshs. 2.81 to Kshs. 86.28 (read more on this story…
Trends in Fuel Pump Prices
Did you know that the Energy Regulatory Commission (ERC) has increased fuel pump prices twelve (12) times ever since it begun regulating pump prices 17 months ago. ERC attributes the rise in fuel prices to the ever increasing international price of crude oil and refined petroleum products. The…
The Sure Way to Combat Impulse Spending
I am sure we are all victims of impulse buying: you see something along the streets, you fall madly in love with it, buy it, a month down the line, you lose absolute interest in it and keep it aside, never to be used again. Impulse…
Matatu Fares Set to Shoot Up
Passengers boarding a Matatu (Photo: IBJ) Bus fares in the country are set to go up starting Monday due to the increased prices of fuel. This is going too affect public transport and the cost of transportation of commodities. Matatu operators say they are going to increase fare prices…
Stocks Watch
As at the close of business on Friday, the NSE All-share index had fallen, by 0.1% to close at 74.37. This is a market cap weighted index consisting of all the securities on the NSE. The Nse 20-share index on the other hand rose by 0.06% to close at 3,456.35…
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