How much are you willing to part with to purchase a TV, is KES 1,000,000 within your price range? Read about this in our insanely expensive stuff post.

There was mixed reactions to the bourse’ performance yesterday because the 20-share index and the All-share index took to different routes. The former closed at 4162.79 points, down 9.09 while the latter at 93.18 points, up 0.05. It essentially translates to the locals gaining more from trading than…

While Pakistan, the United States of America, Saudi Arabia, Iran and the USSR were interested in Afghanistan in the 1980s, they might have been unaware that they were starting a war that would involve almost half of the world two decades later. The war would also expand the scene from battlefields and war hit countries into streets in major cities, the now familiar terrorists. Wars would no longer just be on the TV, but in metal detectors in the streets. How did terrorism travel from the streets of Kabul to those of Nairobi, New York and Khartoum?

1. Kenya PM Visits Blast Site Condems Tourism  Prime Minister Raila Odinga on Thursday strongly condemned the recent terror attacks in Eastleigh, Nairobi and in Garissa saying the government will ruthlessly deal with the perpetrators of the violence against innocent people. The PM remained categorical…

HIGHEST VOLUMES Our usual suspects graced the top traders for the day by volume. In first place again was Safaricom which saw 13.20 million shares traded. In second place (yet again) was Equity bank with 6.29 million shares, up from 4.59 million shares yesterday. Third spot…

If you’ve lost your phone before, and all your contacts in the process, you will realize the important of backing up your contacts on a regular basis. Different mobile phones come with contact back up options where users can either back up their contacts to a computer or…

NIC Bank has reported a 35% profit after tax growth in the 3rd quarter of 2012 earning interests on loans in tunes of KES 6.96 billion in the period. Commercial banks charged high interest rates on loans in the period.

Naushad Merali, a diversified Kenyan self-made millionaire, ranked 39 in Forbes latest list of Africa’s 40 richest. He ranked 21 places below Uganda’s Sudhir Ruparelia, a real estate tycoon and 9 places below Tanzania’s Said Salim Bakhresa, who according to Forbes stopped…

Yesterday presented many an investor at the Nairobi Securities Exchange had a chance to bag a few notes since both major indices performed better. The 20-share is a list of the top 20 companies by market capitalization among the publicly listed companies. Such are what attracts foreigners as a…

1. A Cease Fire, for Now Among the blessings we are also counting on this day is the cease-fire reached yesterday between Israel and the Hamas rulers of Gaza. Now if only it will hold. But beyond merely holding if it could be the beginning…

In general, many businesses have no formal policy on risk management. The few that have, view the risk management function in isolation from general business processes. This means that everyone does their job without concern as to what risks the business is getting exposed to. It is up to the risk manager to figure out any mitigation needed.

HIGHEST VOLUMES The top 3 traders today were the same as yesterday. Safaricom was the highest performer again but 14.33 million shares traded. In second place was Equity bank with 4.59 million shares, up from yesterday’s 3.09 million shares. Third…