The CMC Soap Opera comes to a close with this dramatic season finale. Contracts were lost, chapters were closed and trading, is still suspended.

Kenya’s real estate has seen more action than a movie set. According to the HASS consult quarter three report, property prices jumped due to tumbling mortgage rates, among other reasons. Overall sales prices rose by 5.1% with apartment sales figures increasing by 3.6% and that of stand-alone houses…

1.       Kenyans with ID Waiting Cards Can Register as Voters Once the president assents to the Election Act (Amendment) Bill 2012, Kenyans with ID waiting cards will be able to register as voters. The waiting cards however will only be used in registration but not…

On 13th November, 2012, Kenya opened its first railway station since, forever. To some, this was the equivalent of Kenya putting a man on the moon. It would bring lots of pride to millions of Kenya, just as the hundreds of millions of Indians see their chest swell with pride when their country launches a rocket into space, or successfully does a nuclear bomb test.

TOP TRADED COUNTERS Safaricom took the top spot in what seems to be a permanent trend. The counter saw 18.37 million shares changing ownership at KES 5. Market capitalization maintained at KES 200 billion and stands to gain if the stock price shoots past this price. In…

1. Samsung Pilots Paperless Learning in Kenya Local primary schools may soon shun the use of exercise books and blackboards after Samsung Electronics East Africa embarked on a pilot program geared at transforming traditional classrooms to multimedia teaching environments. In a development that could herald…

If, however, I am wrong, and a price war ensues; it will definitely not originate from Safaricom. This is because the market leader has nothing to gain from that. It is the other players who may try to fight for market share by lowering prices. Safaricom would then be on the defensive. Why?

Our monitor of the listed media houses revealed one thing, that stock price matters. Nation Media Group closed at KES 228, up by one shilling while Standard Group closed at KES 22.75, up 25 cents. Relevance of the change in price can be spotted when…

Once upon a time, Zimbabwe was a great African nation. The people were proud, business was booming and life was generally great. President Robert Mugabe was legendary. It was referred to as the “bread basket” of sub-Saharan Africa. Then, one simple move changed all that; President Mugabe ordered the reclamation of white-owned farms.

Yesterday the hospitality sector did not live up to its name for shareholders. Stock prices decreased as did most of the indices. Shedding off 25 cents may seem little to a small shareholder, but to an investor with over 1 million shares – yes, they exist – it…