8 Things You Should Know This Morning
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…
How Much Did Our Portfolio Make Today?
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…
A New Contacts Backup Service For Safaricom Subscribers
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 Reports 35% Profit Growth in 3rd Quarter
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.
Kenyan Makes it To Forbes List of Africa’s 40 Richest
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…
Our Portfolio For The Day
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…
8 Things You Should Know This Morning
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…
How do Businesses Manage the Risks Faced?
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.
Did You Invest Wisely Today?
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…
Are You Ready to Pay 15% More For Medical Care?
Private Health providers, Insurance regulators and major hospitals all say that the cost of medical care will rise by about 15%. Are you ready to meet those expenses?
Will Airtel Be The First To Join The 4G Network?
Bharti Airtel, on November 19, 2012, said that it has undertaken an end to end network transformation program across its mobile operations in 16 African countries. The program, which is the largest of its kind on the African continent, in partnership with Ericsson, involved a comprehensive upgrade and…
Money in the Tusker Premier League
Just what's the prize of winning Kenya's top soccer league trophy? Reports indicate that this year’s Champions were to pocket KES 10 million in prize money, KES 6.5 million more than the Champions in the 2011 competition, who took home KES 3.5 million.
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