Legal Ways to Kill Your Company
If a company has fulfilled the purpose for which it was created or if it can no longer be operated profitably, its owners will want either to restructure or to exit from the venture altogether. Companies as legal persons are creations of the law and so they can also only be ‘killed’ under the law.
Otherwise they're not really dead.
Surf All Night, For Free
Airtel Kenya recently unveiled its new scratch cards that enable users to top-up their airtime and purchase internet bundles with one card. As a special introductory offer, Airtel subscribers who top up with KES 100 and purchase data bundles will surf all night for free. To…
NBK Profit Drops 68% in 3rd Quarter
National Bank has reported a profit after tax drop of 68% creating possibilities of a dividend lower than the KES 0.4 per share the bank paid the previous year.
Safaricom V/S Orange Home Internet Solutions, Our Comparison
Safaricom Limited recently unveiled its 3G Router, targeting home users, dubbed Internet Nyumbani. This router can support up to 10 users who can all connect to the internet simultaneously. Orange Mobile on the other had has a number of Wi-Fi routers designed for different users. There is the…
Some Factors To Look-out For Before Investing
The end of trading yesterday saw the 2 banks under our watch become top traders by volume. There was no change in price for either. Operations at the Nairobi Securities Exchange (NSE) saw both the All-share and the 20-share indices closed higher at 92.59 points and 4158.38 points respectively.
High Quality Housing from Centum Investments
Centum Investments has embarked on a project to provide Kenyans with luxury housing units. The initiative promises to deliver hundreds of living spaces and world class facilities.
8 Things You Should Know This Morning
1. KQ Hires Bidco Executive As its Marketing Director National carrier Kenya Airways has appointed Chris Diaz as its marketing director. The marketing director is a newly created position expected to help the carrier as it intensifies its marketing and undertaking route…
Pay More For Kenya's Development
Just because it’s a government parastatal or ministry, does not mean it should offer reduced and or subsidized prices for everyone. A lot of complaints were received concerning people who live on less than Ksh100 a day, what of them? They’ll just go to their respective places of work and residence just as they always have. It may come as a shock to some of you, but some of them can’t even afford matatu fares. They walk to their places of interest as they always have
Indices Regain Investor Confidence
HIGHEST VOLUMES Safaricom was the highest performer again with 33.65 million shares traded. In second place was Equity bank with 3.09 shares changing hands, roughly one-tenth that of Safaricom. Third spot went to Kenya Commercial Bank which closed at 3.03 million stocks traded, a small…
Kenya to Get Faster Internet from COMESA Trade Deal
COMESA plans to improve regional trade through the use of ICT. One of their targets involves providing faster and more reliable internet connectivity for its member states.
Relief for Kenyans As Electricity Bills Set To Drop
November 2012 is proving to be an economically friendly month following the recent drop in fuel prices and now a reduction in electricity bills over the month of November. Electricity consumers will this month be required to pay KES 5.95 per kilowatt hour in fuel cost levy, down…
Yet Another 'M' App; MKALI
Appears like like things are just going mobile and "Appy". We now have another 'M' App, MKALI Mobile, a marketing and ticketing platform. MKALI Mobile gets you a message from your clients and their response back to using wireless portable devices.
KES 111 Billion Worth of Power From Korea
A South Korean company Daewoo International has signed a deal to build a $1.3 billion (KES 110.5 billion) power station in Kilifi County, with the Kenyan Electricity Generating Company (KenGen). The coal-fired power station will be the largest in East Africa, with two turbines each producing 300 megawatts, the Prime Minister’s office said in a statement.
Stocks: Kenya Commercial Bank vs Equity Bank
The 2 banks under our watch yesterday did not yield much material movement despite release of their Q3 results. Each of the banks (Co-operative Bank and Standard Chartered) did not get much action in the course of the day. It is more sad than unfortunate really.
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