...

Of Terrorism and Banks

Kenya now has a clear cut anti-terrorism law. After the President’s recent assent to the Prevention of Terrorism Act 2012, the country has now been exonerated after having been named a non-cooperative country by the Financial Action Task Force. The new legislation is aimed at creating stringent punitive measures for the commission of acts of terrorism or for giving any form of support to terrorist groups. Does it work?
...

Why I Should Have Waited to Redeem My Bonga Points Now

“Good things come to those that wait, but better things come to those who are patient” – Unknown The latest Bonga points redemption promotion, dubbed Jisort na Smartphone Reloaded, has seen Safaricom lower the Bonga points redemption matrix by about 77.8 %…
...

Britam’s Achievements in The Region

The Group traces its origins to the 1920’s when a firm know as British American Insurance Company was established in the Bahamas. The company made its entrance into the Kenyan market in 1965 and much later begun expanding into the East African region. Under able management from some leading businessmen and entrepreneurs such as Dr. James Mwangi, Jimnah Mbaru Peter Munga, just to mention a few, Britam evolved from being like any other insurance company to taking a new direction.
...

Freehold and Leasehold Property Rates in Kenya

This piece is in response to William Mbala, one of our readers who  requested to know more about payment of City/Municipal council land rates in the perspective Freehold land. Property in Kenya can be acquired on freehold or leasehold basis. A freehold title will give the…
...

M-Changa, Because You Need a Fundraising App As Well

What if you could just conduct an Harambee through your phone? How about if such a mobile platform was to enhance easy mobilization and management of fundraising with greater transparency? One Kyai Mullei has launched M-Changa which will enable you conveniently raise funds from the comfort of your mobile phone.
...

8 Things You Should Know This Morning

1. Tullow Strikes Oil In North Kenya’s Second Operation British petroleum company Tullow has discovered additional oil deposits in northern Kenya, moving the country closer to having commercially exploitable reserves. Sources with knowledge of Tullow Kenya’s operations said the Twiga 1 South…
...

Purchasing Local Music Online Shouldn't be This Difficult

Recently, I wanted to purchase some local music but the established music shops didn’t have some of the albums I wanted. I decided to check iTunes on my computer. We’re all familiar with apple’s iTunes; the software that is needed to sync iPhones, iPads and iPods. In it there’s a delightful feature called the “iTunes music store”. However, if you’re in Kenya, you’ll find only applications for iPhone, iPad and iPod. There’s absolutely no music for purchase in the Kenya region.
...

The Stock Market Today

The Nairobi Securities Exchange today performed better yet again on both indices. The NSE 20 Share Index edging up 2.11 points to close at 4143.35 and the All-Share Index performance climbing up 0.35 points to close at 91.78     HIGHEST VOLUMES Safaricom was the top performer today…
...

Pigs Can't Fly, But Bacon Prices Will Soar in 2013

Global bacon prices are set for an escalation in price. Dubbed aporkalypse, the end of September saw inflated reactions from pig farmers in Europe who reacted by hoarding pig herds. According to a press release by the National Pig Association based in UK, pig farmers…
...

Are We Over Reliant on M-Pesa?

There was an outage of M-Pesa services over the weekend caused by a power outage on a Vodafone server in Germany on Saturday night. Of the 1,055 comments posted on Safaricom Kenya official facebook page, by our analysis, at least 77 per cent expressed customer dissatisfaction with the outage. Are we that reliant on M-Pesa that a 24 hour service outage would cause such customer uproar?
...

Samsung Launches Galaxy Note II in Kenya

Samsung Electronics Co., Ltd has officially launched the new Samsung Galaxy Note II Smart phone in the Kenyan market. Samsung, which is also the world’s leading smartphone vendor, has confirmed the launch of the Galaxy Note II smartphone as part of a strategic commitment to…
...

The Bigger Picture: Those Big Fancy Words

Better yet what is Kenya’s economic policy? Policy according to, you guessed it, the internet, is a principle or rule to guide decisions and achieve rational outcomes. The second part of the definition is that policy is a statement of intent or a commitment to you and I, the voters. So an economic policy is a set of guidelines that shows the country how to make money and what to do with the money we’ve made. But how will that help me get my turquoise heels?
...

What a Kenyan MP is Paid [Infographic]

What and MP is Paid;Broken Down…
...

Don't Be a Boob, Check Your Breasts

Even with Breast Cancer Awareness Month coming to a close, Head of the Division for Reproductive Health, Dr Isaac Bashir has called on men to get their mammary glands examined. It costs KES 35,000 for weekly treatments. Screening is free.
1
...

Abacus is the result of over 10 years market experience and is licensed as a data vendor by the Nairobi Securities Exchange

Contact Us

Email: hello@abacus.co.ke
Tel: +254 792 753 774