Over the last 90 days, the amount of money Apple has in the bank has risen to $ 117 billion from $ 110 billion, or to KES 10. 241 trillion from KES 9.631 trillion. Not a lot of money, but enough to fund Kenya’s entire budget for the next seven years, if it remains at its current amount.
And it still isn't enough, according to Apple shareholders.
Christmas is over, now back to the serious stuff, at least until new years day. So far we have looked at how to finance your business at the early stage and growth stage. By now, you are well aware of what to look…
Sasini Limited, a member of Sameer Group and one of the top tea and coffee producers in Kenya, has announced a final dividend of KES 0.25 per share. This makes the total they have paid for the year KES 0.75 after the payment of an interim dividend…
We have briefly tackled what venture capitalism is and who a venture capitalist (VC) is in part 1. Last week we looked at early stage financing and the purpose of the 2 legs of financing at this stage in preparation for growth stage financing. This…
IEBC sets out to list nomadic pastoralists, Somail rebels put a bounty on Kenyan fighters and Safaricom goes to court. All these and more on "8 Things You Should Know This Morning".
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…
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…
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…
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…