8 Things You Should Know This Morning
1. Contract of Oil Exploration Firms Cancelled Over Outrageous Terms The government has terminated the contract of Norwegian Oil company Statoil, barring it from further exploration in the country after it faulted conditions set by the Energy ministry. The conditions set by…
Top 20 Listed Companies Performance Dips Again
Once again, the indices on the Nairobi Securities Exchange took off in separate directions. Trading came to a conclusion with the NSE 20-Share Index closing at 4124.53, down 1.21 points. The All-share index performance was up 0.14 points to close at 91.44. HIGHEST VOLUMES Massive rebranding…
Money in My 20’s: A Budgeting System for 20 Year Olds Staying at Home
How a 20 something year old staying alone spends his/her money is different from how a 20 something year staying with their family or guardian spends their money. The former has more financial obligations; rent, food, utility bills, et al. This means we are looking at a 20 something year old who is making money and not giving 30% to rent, and a further 10% to utilities.
How best should such individuals manage their money?
Trend in the Cost Of Living Over the Last 12 Months
A look at Kenya's cost of living
The Stocks We Are Watching Today
The 20-share index took a beating last week Friday as it closed at 4125.74 points, down by 7.54 from the Thursday. The All-share however improved its performance and closed at 91.30 points. Focus shall be maintained on Standard Chartered in light of the chairman’s step down. We shall also be…
WiFi Everywhere
Wazi Wi-Fi is seeking to bring together different Wireless networks into a common network with a centralized payment gateway that will make logging into Wi-Fi anywhere with the same initial sign-on. Wazi have deployed over 400 Wi-Fi Access Points in 200 hotspot locations in Nairobi and Mombasa; Kenya’s largest cities.
The Importance of Marketing
The difference between a business that actively embraces suitable marketing practices and one that does not is easily evident. Again, it can make the difference between the success and the failure of a business, especially because marketing is an on-going business process. A well prepared and executed marketing strategy can accelerate business growth exponentially.
8 Things You Should Know this Morning
1. Inside Coca Cola’s KES 5.6 Billion Coca-Cola faces a KES 5.6 billion tax bill after ignoring a review of taxation laws that required soft drink makers to pay excise duty on costs incurred during washing and sanitising of returned bottles. Former…
Bottlers Court Case may Increase the Price of Soda
Nairobi Bottlers Limited, Mount Kenya Bottlers Limited, Rift Valley Bottlers Limited and Kisii Bottlers Limited will be going to the Court of Appeal to challenge a High Court ruling that allowed Kenya Revenue Authority (KRA) to demand taxes worth KES 5 Billion…
Bank Agents, DTMs Push Sector Growth
Growth in the number of transactions handled by Agents for banks has kept the growth of the Banking sector in Kenya steady. There are 14,168 active agents facilitating over 24.7 million transactions in the 3rd Quarter
Drop in CBR Increases Demand for Credit
The reduction in the Central Bank’s base rate in September has increased the demand for new loans from different sectors in the economy. According to reports from the Central Bank of Kenya, trade and personal loans saw the highest increase in demand for new loans with the…
The Stock Market Today
The day was greeted by decreased performance on both indices in the Nairobi Securities Exchange. The points took a further nose dive at the NSE 20-Share Index, closing at 4125.74, down 7.54 points. The All-share index stood strong and performance was up 0.02 points to close at 91.30. …
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