Standard Chartered Bank Chairman Steps Down
Standard Chartered Bank has announced today that its Chairman, Wilfred Kiboro, has stepped down from serving as the bank's board chairman
Music Copyright License Fees Go Up 11%
The Music Copyright Society of Kenya (MCSK) has increased all public performance fees license fees by 11%. The rise of this fees comes with effect to changes in the consumer price index (CPI) for the period between 1st October 2011 and 30th September 2012.
Money,Is It a True Measure of Success?
Today's youth have largely been described as restless. Compared to the other generations that came before them, the millennial, as they are known, seem to always be on the move. Something they fondly refer to as hustling or the paper chase. A perpetual pursuit of financial success.
But money can't really be the epitome of human achievement, can it?
More Set-Top Box Dealers Get CCK Licences
The Communications Commission of Kenya (CCK) has licences 60 new dealers in set-top boxes, which will increase the number of licensed dealers from four to 64 as the country approaches a complete transition from Analog into the Digital TV Signal.
More People Installing Residential Recycling Plants
Nairobi has a sewer network of about 163 km which covers just 25% of the 700 km2 city area. This leaves the infrastructure strained prompting the need to find alternative solutions; like the Dayliff system.
The Stocks We Are Watching Today
Ever since the Nairobi Securities Exchange crossed the 4000 mark, the bourse has been on a sharp upward spiral. Yesterday, this saw the 20-share index edge up 3.93 points to close at 4147.28 points but down 0.11 points for the All-share index to close at 91.67…
Rapid Growth Can Kill Your Business.
A common phenomenon in such enterprises is what business analysts call over-trading. Simply put, over-trading happens when a business tries to do too much too quickly with too little long term capital. In other words, over trading is a form of under-capitalization. In short, death by growth.
8 Things You Should Know This Morning
1. The 7000 Jobs in the Police Force The Kenya National Police Service has announced 7,000 vacancies for recruits. Speaking to the Business Daily, National Police Service Commission Chairman, Mr. Johnston Kavuludi, said the commission is seeking to recruit suitable and qualified candidates who satisfy the provision of…
7,000 Jobs in the Police Force
The Kenya National Police Service has announced 7,000 vacancies for recruits. Speaking to the Business Daily, National Police Service Commission Chairman, Mr. Johnston Kavuludi, said the commission is seeking to recruit suitable and qualified candidates who satisfy the provision of the Constitution, the enabling Acts and the additional criteria…
Kenya's Tax History II
Income tax was first introduced in Kenya by the British in 1921. However other forms of colonial taxes such as Graduated Personal Tax, Land Tax and Hut or Poll Tax have since either become obsolete and inapplicable or have new names as we know them today.
33% Price Slash on StarTimes Decoders
StarTimes Media, a digital Pay Television company has today announced a 33 per cent drop in the price of its DVB T2 approved digital decoders. StarTimes decoders will as of 1st November to 31st December retail at KES 1,999 from KES 2,999. Once subscribers purchase the…
Tullow Says Twiga-1 Could have Oil
Tullow Oil has announced that it has encountered Oil in the Twiga South Oil rig although it has not made disclosures on the amount, depth and commercial viability of the oil. This comes months after it hit oil at Ngamia -1 well in Turkana.
Inflation Drops, CPI Rises
Latest reports from Kenya National Bureau of Statistics (KNBS) show that the Consumer Price Indices (CPI) for October 2012 increased by 0.43 per cent to stand at 132.46 from 131.89 in September 2012. A CPI measures changes in the price level of consumer goods and services…
Just In: Inflation Plunges to 4.14%
Statistics from Kenya National Bureau of Statistics (KNBS) show Kenya’s overall inflation rate for the month of October 2012 has dropped to 4.14 per cent from 5.32 per cent in September 2012. Kenya’s year-on—year inflation rate has been on a downward trend for the past 11 months from 19.72 per…
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