A bond is an instrument through which a government or corporate body can borrow money from the public with a promise to reimburse the investor. The money is borrowed for a fixed period of time and compensation made at a fixed interest rate. How Do They Work? An offer…
Latest statistics from Abu Dhabi National Oil Company show a 1.2 percent drop in international crude oil prices. The Free On Board (FOB) price of Murban crude oil lifted in December 2012 was posted at USD 110.75 per barrel from USD 112.10 per barrel in November 2012.
NationHela, an international money transfer service, is giving your loved ones in the USA an opportunity to win a return ticket to Kenyan by simply sending money to your NationHela account. This is how the promotion works: Buy a NationHela card Direct your loved one based…
I have had opportunity to work in both profit making and not for profit organizations and concluded that the governance thereof is nothing to sing about. The people and money problems you encounter managing a bar are exactly the same you encounter managing a church.
What, then, is the role of corporate governance?
1. Best and worst countries to be born in 2013 Kenya ranks in position 79 out of 80 countries sampled in a recent study, published by The Economist, on the best and worst places to be born in 2013.
I&M Bank Will Drop Lending Rate by 1.5% to 18% from the previous tariff of 19.5%. The move follows a verdict from the Central Bank of Kenya’s (CBK) Monetary Policy Committee (MPC) to reduce the CBR to 11%
The other day, we woke up to news that Nairobi was ranked the second worst place to live in Globally. Sad. But again the recent discovery of commercial deposits of oil in Turkana County has created hopes that our republic could be in the verge of graduating into a middle level economy.
In fact, places like Kayole are full of residents who are forced to buy water at the standard fee of KES 50 per 20 litre container. Worse still is the fact that Kenya is only exploiting 15% of its fresh water resources.
Have you been playing Airtel’s #MBMegaDash twitter challenge? If not, then you are missing out in an opportunity to win great prizes that include daily 10MB data. Challenge starts at 5pm and closes at 6am everyday and there is 1000MB Airtel data to be…
Orange subscribers are now able to load airtime on their lines while online. This was arrived at after a successful partnership with PesaPal – an e commerce payment platform provider – to enable its customers enjoy the convenience of virtual airtime top ups. Through…
CBK loses control of KES 600M in Dubai Bank case A judge has cleared a German citizen at the centre of the Dubai Bank saga from allegations of involvement in criminal activity Judge David Majanja has subsequently lifted an order issued in October freezing businessman…