The last few days to payday have been a mystery for many people since the invention of monthly salary systems. We have read thousands, if not millions of essays on how to survive these days. Budgeting advise is probably one of the most read pieces of advise the…
Kenya National Bureau of Statistics (KNBS) is expected to release November’s rate of inflation any time today, Friday, November 30, 2012 with analysts predicting a drop of between 3.0 percent to 4.25 percent. As posted in the Star, all but one of the 11 analysts…
Yesterday we looked at the entertainment industry, specifically East African Breweries Limited (EABL) and British American Tobacco (BAT). Share price for both went up by KES 2. EABL closed the day at KES 244 while that of BAT at KES 457. Here are the shares we will be closely watching…
Britam, the company that just had one of the largest re-branding campaigns we've ever seen, is doing something even bigger. The Group has started building what will be the tallest building in Kenya and the third tallest in Africa at a cost of 5 billion shillings to be ready by end of 2015. So long, Times Tower.
1. KCB Bank Appoints Oigara as New CEO KCB Bank Group has appointed Joshua Nyamweya Oigara as the new CEO taking over from Martin Oduor-Otieno. Otieno retires in April 2013. Oigara is the current Chief Finance Officer at KCB. 2. Retired Teachers Expose Taxpayer to KES 123bn Debt Treasury has…
on Monday we got to the part where things had just begun to heat up. Now the fun begins. Peter Muthoka is suing everybody in sight and PwC's professional standards are questioned.
One thing I like about the stock market is that in it there is never a dull moment. Especially in highly efficient markets, any new day or each passing minute promises renewed market activity as new information is quickly absorbed and reflected in stock prices.
Nakumatt has opened doors to its 38th Supermarket Store in East Africa in Malindi today inching closer to its 40 stores by the end of its financial year.
Entertainment comes at a cost and footing the bill relies on your wallet’s weight. There is another side to this bill though. It is the side that sees the entertainers earn some revenue. The ones at the top of this revenue chain are the alcohol and cigarette manufacturers.
1. Studies Show Rise in Child Abuse Sexual violence against children is on the rise in Kenya, a survey released on Wednesday shows. The report released by Gender Minister Naomi Shaban indicates that one in 10 girls and one in 20 boys had experienced…
Last week we examined operational risk and now shift focus to financial risk. Financial risk arises from the risk to profits or wealth due to uncertainties about the financial situation in the future. It is broadly categorized into market risk and credit risk. Market risk has to do with changes in the general business environment specifically changes in prices and rates.