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…

1. 14.3 Millions Kenyans Registered to Vote in March Some 14.3 million Kenyans have registered as voters for the general elections due in March 2013, the Kenyan electoral body said on Thursday. A total of 14,337,399 voters signed up during the registration…

Joshua Oigara has been appointed as the new CEO of KCB Bank Group taking over from Martin Oduor-Otieno

Joshua Nyamweya Oigara is set to replace Martin Oduor-Otieno as the Chief Executive Officer of the biggest bank by asset base in Eastern Africa, KCB.

Adan Mohamed who has been appointed as Sub-Saharan Chief Administrative Officer for Barclays Bank has been the Managing Director for Barclays Bank Kenya.

Banks are run by con-men. Why pay someone to use your money so that they can get richer while you remain the same? Why not put that money in a mattress account? It's free and it's only as secure as you want it to be.

National Bank has reported a profit after tax drop of 68% creating possibilities of a dividend lower than the KES 0.4 per share the bank paid the previous year.

There is an aspect of collateral associated with all loans advanced from formal lenders like banks and micro finance institutions. Just like there are different requirements from various lenders, there are also different loan types that can be secured differently. The most popular loans in the Kenyan market are check off loans. Here, the key aspect of security is an agreement between the bank and the employer to deduct at source and remit to the lender on behalf of the employee. This is done until the loan is fully repaid. What happens when you are in self employment?

1. VAT Bill 2012 Set for 2013 The treasury has announced that The VAT Bill 2012 will be introduced next year after the general election. Speaking to the Daily Nation , Finance Minister, Njeru Githae said, “There are indications that the Bill will be…

Modern banking as we know it began in Italy it spread out to the rest of Europe. These guys, I must say, were the trend setters of the day I think it had something to do with their accents, I mean who can say no to an Italian? It might also have something to do with their tendency to produce crime syndicates and the sopranos. No judgement.