19 Easy Tips That Will Make You The Next Millionaire
Starting with #1: 1. Buy The Things That You Need Not until you are a millionaire can you buy goods or procure services that you can do without. Until then, you need to prioritise your purchases. 2. Spend Less Than You Earn This is so that you can have…
Oct 10 Closing Bell: BAT Is The First Share To Hit KES 1000 At The NSE
At the ringing of the final bell, British American Tobacco Kenya Limited (BAT) was exchanging at KES 1000. This is the highest price any share has ever exchanged at, on the Nairobi Securities Exchange (NSE). Limuru Tea Limited (…
5 Things You Should Know This Morning – Oct 10
Electricity costs drop on 210MW injection The decline follows the injection of 210 megawatts of geothermal power into the national grid, with 140 megawatts added to the grid in late July and the second tranche of 70 megawatts on September 16. Electricity prices are expected to drop by about 7.8…
10 Kenyans Named Among Top 100 Youngest And Influential African Economic Leaders
Kenyans made up 10% of the Choiseul 100 Africa rankings. The Choiseul 100 Africa is an annual study carried out by the Paris based Institut Choiseul. It identifies and ranks the young African leaders of 40 years old and under, who will play a major role in the development of Africa in the near…
Oct 9 Closing Bell: BAT Leapfrogs Limuru Tea As The Priciest Share At The NSE
At the end of the day today, British American Tobacco Kenya (BAT) was exchanging at KES 942.00, making it the most expensive share at the Nairobi Securities Exchange. It overtook Limuru Tea (LIMT) which had no shares exchanged today.
Oct 8 NSE At Noon: BAT’s Price Gain Brings It Closer To KES 1000
An update on how companies listed on the Nairobi Securities Exchange (NSE) have performed as at 12.30pm today. The winners Transcentury Limited (TCL), Unga Group (UNGA), British American Tobacco Kenya (BAT), Eveready East Africa (…
5 Things You Should Know This Morning – Oct 9
CBK special units to audit 3 large banks Central Bank of Kenya (CBK) is setting up special supervision units for Kenyan banks with regional subsidiaries to identify the risks. The International Monetary Fund (IMF) says fast expansion of banks into the region has brought fresh risks as regulation in some…
Oct 8 Closing Bell: NSE Un-affacted By Uhuru Kenyattas Hague Trial
The Nairobi Securities exchange (NSE) was unfazed by the trial of Kenya’s president Uhuru Kenyatta at the International Criminal Court. Mr Kenyatta was today attending a status conference at the Hague based court where he is facing charges of crimes against humanity. The…
Oct 8 Morning Bell: Eveready Rebounds As BAT Slides At The NSE
An update on how companies listed on the Nairobi Securities Exchange (NSE) have performed as at noon today. The winners Eveready East Africa Limited, Olympia Capital Holdings,Kenya Orchards, Unga Group and Total Kenya are the companies whose share price had appreciated the most. Eveready and Olympia…
5 Things You Should Know This Morning – Oct 8
CIC Corporate Bond gets 211% subscription The CIC Insurance Group Corporate Bond has been oversubscribed by 111 percent raising a sum of Sh6.34 billion from the initial target of Sh3 billion. The group’s Managing Director Nelson Kuria said the subscription was from across all market segments among them local institutional…
Oct 7 Closing Bell: Eaagads, Olympia And Unga Lead Gainers At The NSE
The winners The price of Eaagads Limited rose 9.52% to make it the top gainer at the Nairobi Securities Exchange. 10,200 shares of the coffee grower changed hands today. Olympia Capital Limited continued its strong morning performance to end the day 9.09% up…
Oct 7 NSE Update: Eveready’s Price Declining As At Noon
An update on how companies listed on the Nairobi Securities Exchange (NSE) have performed as at 12.00pm today The winners Olympia Capital Holdings, Eaagads, Express Kenya limted, Kakuzi and Sasini are the companies whose share price has appreciated the most in the morning. The losers…
5 Things You Should Know This Morning – Oct 7
Ecobank unveils plan, promises to strengthen presence in Kenya Pan-African lender Ecobank plans to wind down its expansion strategy across Africa and focus on existing businesses, especially in Nigeria, Ghana, Angola and Kenya, its Chief Executive Officer Albert Essien said. “These four countries together are very important to the future…
Oct 6 NSE Closing Bell: Eveready Declined Again As BOC Rose
The winners At the close of the market today BOC Kenya limited, Olympia Capital Holdings, Williamson Tea Kenya Limited, Kenya Orchards and East African Portland Cement are the companies whose share price appreciated the most. Nevertheless, only 500 Kenya Orchards shares changed hands today, whereas only…
Why Co-operative Bank Of Kenya Shares Have Risen 10% In Two Weeks
Co-operative Bank of Kenya (COOP) announced last week but one that they were hiring global consulting firm, McKinsey & Company, for advice on improving operational efficiency. Investors took notice. Cooperative bank’s shares have risen by over 10% in the last two weeks, from KES 19.35 as…
1
