The word “Bailout” is an exciting one. A Bailout is a phrase we’ve probably heard in passing, mostly concerning developed countries and large companies that are having financial trouble. There’s been talk of Telkom requiring a bailout so as to stay afloat. Ordinarily, a bailout is a grant of funds…
A headline in one of the recent dailies read “Telkom wants 10 billion shilling bailout from taxpayers.” If you pay taxes, be it P.A.Y.E or duty tax when you import something or even VAT when you buy something from the shops, this headline should speak volumes to you. We don’t…
We wake up one morning in the late years of the 2000s decade and we are served with the best thing to ever come from this side of the globe. Mobile Money transfer. There have been claims that it is the best thing that has happened in Kenya and Africa…
If there is something that well defines the insatiability of man, it has to be through money. We can never have enough of it. When money is enough to buy the basics, we need more for the luxuries. When we have enough to buy cars and booze, we need more…
The shareholders of the Nairobi Securities Exchange (NSE) held an Extra Ordinary General meeting on Thursday 15th March 2012 at the Sarova Stanley Hotel to elect a new board of directors. This follows the re-registration of the NSE on 21st September 2011 where the company…
CBA is proud to launch the first US Dollar credit card in East Africa, giving clients the convenience and ease of banking they have come to expect. It is through our focus on customer service and our array of products that we deliver on our brand promise: time for more.
An Ipsos-Synovate report released yesterday found that majority of women in urban Kenya prefer Toyotas over other car makes and Nokia over other phone types. Its interesting to note that Alcatel was included in the report. One question that arises…
After the government takes enough to balance the budget, the taxpayer has the job of budgeting the balance. Unknown We all strive to nurture a saving attitude but we always seem to fail. The only avenue through which we can succeed in…
Doesn't it bug you when your airtime runs out on you fast and unexpectedly, especially when you thought you had enough? Or when you have to sit down and make those mental calculations on if you can afford to make that simple cross network phone call? Here are the rates to help you figure out if you are on the right netwrok
Being broke sucks. Living on the edge of financial ruin, can be stressful and overwhelming. When you’re broke and hating your job, things are much worse. It’s hard to leave ANY job, regardless of how insanely miserable it is. Struggling with a job you hate job is hard enough,…
The number of pay TV subscribers in Kenya is increasing on a daily basis as the two main Pay TV players strive to seize a lion’s share of the market. These players are MultiChoice Kenya and Zuku, each providing attractive products with…
Kenya Airways (KQ) passionately known as the pride of Africa finally announced today the time table for its delayed rights issue. The company is seeking to raise Sh20.6 Billion by issuing 1.4 Billion new shares to current shareholders at a pric...