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Are The Syokimau Train Fares Practical?

To travel on the Commuter train you will have pay KES 120 one way during peak hours, KES 110 during off peak hours with return tickets going as high as KES 220. Are these fares affordable to the average Kenyan?
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Good News All Round For Local Investors

There was a recorded increased performance from both the NSE 20-share index and the All-share index for the first time this week. Good news all round for investors whether they had a diversified portfolio or one focused on a few shares. The All-share index closed at 92.66 points,…
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Scratch and Surf With the New Data & Voice Card

We may have missed this earlier this week, but we have it now. Airtel Kenya has launched, relatively, new data and voice cards that allow users to either purchase airtime directly from the scratch card or acquire airtime. The cards come in denominations of between KES…
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Konza City, the Real Work Begins

Konza city will officially be launched towards the end of the month by the president. This was announced by the PS of Information and Communications during a breakfast meeting this morning at the Laico Regency Hotel. Ground work however, has already started with a number of ministries having already received funds.
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yuMobile Hits 3 Million Subscribers

yuMobile has hit the 3 million subscriber mark, and has been the fastest growing mobile operator in the last 1 year gaining 68% of total industry new subscriptions in the period.
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How Global Events That Affect Your Spending Are Doing

79 percent of the respondents in a recent study want to save regularly because of the impact of global events." What are these global events and should we be worried?
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What Collateral Can You Offer When Borrowing?

There is an aspect of collateral associated with all loans advanced from formal lenders like banks and micro finance institutions. Just like there are different requirements from various lenders, there are also different loan types that can be secured differently. The most popular loans in the Kenyan market are check off loans. Here, the key aspect of security is an agreement between the bank and the employer to deduct at source and remit to the lender on behalf of the employee. This is done until the loan is fully repaid. What happens when you are in self employment?
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Why Fuel Prices Dropped

Kenyan woke up to reduced fuel prices. The price of super petrol dropped by KES 1.58, kerosene by KES 1.14 and diesel by KES 0.26. Which factors influenced this price drop?
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An App That Helps you Clear Your Debt

Say goodbye to poor debt-handling behaviour. Vertex 42, a Money Management Software Developer, has a system that helps the user control the amount of money they save or spend, depending on their debt ratio.
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8 Things You Should Know This Morning

1. Thousands of Toyotas Recalled Over Glitch Three instances of steering ‘problems’ have been reported here, as Toyota recalls up to 34,500 Avensis and Prius models for inspection. It is part of a massive global recall in response to 20 reports of steering ‘knocking’. But…
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British American Investments Shareholding [Chart]

so, just who are the shareholders in Britam?
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Increased Share Dump For Eaagads

A worrying performance today at the Nairobi Securities Exchange as general movement showed loss of portfolio value for the All-share index. The index closed at 92.36 points, a drop from yesterday’s points by 0.26. Local investors on the general lost a few shillings on most of the stocks. The 20-share…
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Githae Calls on Banks to Lower Rates Faster

Banks still have their base lending rates at between 18.5% and 22.5% despite the Central Bank lowering the base lending rate (CBR) to 11% beginning of November.
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