5 Things You Should Know This Morning – Oct 27
Gov’t To Allow Sugar Importation To End Shortage Speaking during a prayers’ day for standard eight KCPE candidates at Kapsabet highlands school in Nandi County, Agriculture Cabinet Secretary Felix Koskei said that the sugar shortage was caused by the closing down of Mumias Sugar Company and West Kenya sugar factories for maintenance.
The Closing Bell: KenGen’s 46% Profit Decline Makes It NSE Top Loser
At 3.10 pm today when the Nairobi Securities Exchange (NSE) closed Kenya Electricity Generating Company -Kengen- (KEGN) had fallen 17.37% from yesterday’s KES 12.95 to KES 10.70. KenGen released its end of year results posting …
5 Things You Should Know This Morning – Oct 24
Low cost Kenya made car goes on sale at KES 950,000 A Kenyan-made vehicle that is designated as Africa’s cheapest car has hit the showrooms, bringing to reality the dream of an entrepreneur who designed it four years ago. The car, which trades under the brand name Mobius, entered the showrooms…
The Closing Bell: Kenya Power’s 88% Profit Rise Makes It NSE Top Gainer
At 3.10 pm today when the Nairobi Securities Exchange (NSE) closed The Kenya Power & Lighting Company Limited (KPLC) had risen 13.33%. The power distributor released its end of year results today posting …
Growing A Company: 5 Lessons Learnt In Hiring
A guest post by @Wanjiku I have been thinking about my mistakes and lessons in the process of growing a tech company. Staffing is probably the biggest challenge a growing company faces, along with capital. Investing in an area like tech infrastructure is challenging. You get the most skilled…
Oct 23 NSE At Noon: Kenya Power Top Gainer After Announcing 88% Profit Rise
Kenya Power & Lighting Company Limited (KPLC) was as at noon today the top gainer at the Nairobi Securities Exchange (NSE). The power distributor released its end of year…
5 Things You Should Know This Morning – Oct 23
Airtel, KRA partnership enables subscribers to pay taxes via mobiles The partnership also allows Airtel subscribers to inquire for KRA services, generate a KRA payment reference number (PRN or an e-slip/invoice number) and make quick simple payments through Airtel Money by simply dialling the short code *572#. Airtel is charging its…
Oct 22 NSE Closing Bell: Olympia Capital Among Top Gainers Again
Today at the Nairobi Securities Exchange (NSE) The winners Kenya Orchards Limited (ORCH), Longhorn Kenya Limited (LKL), Olympia Capital Holdings(OCH) , Express Kenya Limited (…
Gearing Up The Gearbox: A Company With The Tools To Build Refined Prototypes For Your Conceptual Ideas
Erik Hersman one of the founders of iHub, a a TED Senior Fellow as well as a PopTech Faculty Fellow, writes: Perhaps one of the longest projects to come to fruition for me has been Gearbox. Over three years ago, a…
Oct 22 Morning Bell: Olympia Leads Gainers Whilst Total Drops At The NSE
An update on the Nairobi Securities Exchange (NSE) as at 11.45 am today. The winners Olympia Capital Holdings (OCH), Kenya Orchards Limited (ORCH), Car And General Kenya Limited (…
5 Things You Should Know This Morning – Oct 22
Treasury to pay tax refunds in January Treasury secretary Henry Rotich said plans are under way to pay KES 10 billion of the estimated KES 30 billion backlog in January and to finish the rest within the first quarter of the year. The settlements will be made by issuing the claimants with tradable…
Kenya Airways Goes Up and Down This Past Weekend
It was a long weekend in Kenya. From Friday, the next working day was Tuesday given that Monday was Mashujaa (heroes) day. Kenya Airways during the period was in the news for reasons both positive and neative. Lets start with the reported crash landing of a Kenya Airways plane: Kenya Airways…
Oct 21 NSE Closing Bell: Olympia Capital Doubles Price On Market Volatility
Olympia Capital Holdings (OCH) was today the top gainer at the Nairobi Securities Exchange (NSE). Its closing price was KES 7.40, a rise of 100% compared to last Friday’s price of KES 3.70. “The rise can be attributed to…
Oct 21 Morning Bell: Olympia Capital Up 89% At The NSE
An update on the Nairobi Securities Exchange (NSE) as at noon today, Olympia Capital Holdings (OCH) was exchanging at KES 7.00, a rise of 89.19% from last Friday’s closing price of KES 3.70. The winners Olympia Capital,…
5 Things You Should Know This Morning – Oct 21
Good times for depositors as Central Bank of Kenya (CBK) unveils new refund plan Governor Njuguna Ndung’u says CBK’s focus would now be directed to strengthening the deposit insurance design that will add value to the depositors and the financial system in general. He says the proposed measures, which are…
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