Why Stockbrokers are worse than Diagnosed Psychopaths
“Personally, I've been dreaming of this moment for three years. I go to bed every night and I dream of another recession.” - Money Markets Analyst, Alessio Rastani on the Global Economic Crisis. Find out why Stockbrokers, Forex Traders and Equity Analysts are stark raving mad.
Cofek Attempts to Block December 31 Analogue Switch Off
The recent government announcement that it would switch off all analogue television broadcasts in Nairobi by 31st December 2012, does not sit well with Cofek. The Consumer Federation of Kenya (Cofek) has warned that it will move to court if the date is not postponed. Cofek…
Will Mobile Money Make Kenya a 'Cashless' Economy?
Analysts say that the cost of conducting cashless transactions should be lowered by about 33% in Kenya to encourage more people to take up the option.
The CMC Soap Opera: Season Finale
The CMC Soap Opera comes to a close with this dramatic season finale. Contracts were lost, chapters were closed and trading, is still suspended.
Why Watch Real Estate When You Can Watch Cement makers?
Kenya’s real estate has seen more action than a movie set. According to the HASS consult quarter three report, property prices jumped due to tumbling mortgage rates, among other reasons. Overall sales prices rose by 5.1% with apartment sales figures increasing by 3.6% and that of stand-alone houses…
Insanely Expensive Stuff: The Smart Fridge, We All Need One
Samsung has been known to go smart on everything. From its high end smart phones that let you remotely control your computer and smart TV, to the digitally smart camera that automatically, wirelessly uploads your photos online. If you think that’s where all this “smart” business ends, you…
8 Things You Should Know This Morning
1. Kenyans with ID Waiting Cards Can Register as Voters Once the president assents to the Election Act (Amendment) Bill 2012, Kenyans with ID waiting cards will be able to register as voters. The waiting cards however will only be used in registration but not…
Why Kenya Doesn't Need Syokimaus
On 13th November, 2012, Kenya opened its first railway station since, forever.
To some, this was the equivalent of Kenya putting a man on the moon. It would bring lots of pride to millions of Kenya, just as the hundreds of millions of Indians see their chest swell with pride when their country launches a rocket into space, or successfully does a nuclear bomb test.
Numbers Don't Lie : December First Week [Infographic]
PesaTalk Numbers: December Week 1…
Safaricom Top Traded Counter…Again
TOP TRADED COUNTERS Safaricom took the top spot in what seems to be a permanent trend. The counter saw 18.37 million shares changing ownership at KES 5. Market capitalization maintained at KES 200 billion and stands to gain if the stock price shoots past this price. In…
What Inspires Your Stock Investing Habits?
The phrase ‘Lame Duck’ has, for the longest time, been used amongst traders to describe those whose positions in capital instruments always results in huge capital losses. Sometimes, even driving some to a point of bankruptcy. Almost all of us, at some point, have had a lame duck experience, or something…
Kenya's Economic Growth Forecast Cut to 4.3%: World Bank
Kenya's economic growth forecast by the World Bank has been cut to 4.3% from 5% . world Bank has attributed this cut to the effects of high lending rates.
Unregistered Phone Numbers to be Shut Down by January 2013
The Communications Commission has issued yet another warning to unregistered Sim Card users. By January 2013, the government-sanctioned team will shut down all non-catalogued cell phone numbers
S.A Bank Absa to buy Barclays' African Operations
South African bank Absa Group said on Thursday it will buy Barclays African operations for 18.3 billion rand (KES 176.8 billion). This, a statement from Absa says, is a move to finalize a longstanding plan to fuse the two company businesses in Africa, considered a fast-growing market.
1
