on Monday we got to the part where things had just begun to heat up. Now the fun begins. Peter Muthoka is suing everybody in sight and PwC's professional standards are questioned.
Entertainment comes at a cost and footing the bill relies on your wallet’s weight. There is another side to this bill though. It is the side that sees the entertainers earn some revenue. The ones at the top of this revenue chain are the alcohol and cigarette manufacturers.
The Nairobi Securities Exchange closed on a high last week Friday at 4166.55 points for the 20-share index, up 0.25% from the previous Friday. The All-share index closed at 93.47, up 0.95% from the previous Friday. Here are the counters we shall be monitoring today.
Standard Chartered had sought to raise 3.2 billion shillings in the rights issue but has raised 8.3 billion. The bank's rights issue was oversubscribed by 158.4 percent similar to the one in 2010 which raised 4 billion shillings against a a targeted 2.5 billion shillings.
Within just over a decade, Britam has evolved from manually sifting insurance records to relying on a computerized systems capable of handling over 5 billion shillings in insurance premiums every year. Learn the story of this transition.
When Uchumi Supermarket was put under receivership and suspended from the bourse six years ago, nobody thought that we would one day see Uchumi’s return to the Nairobi Stock Exchange (NSE). One can hardly count the number of firms that have gone under in Kenya and returned from jaws of…
Safaricom Ltd (SCOM) Recently Bob Collymore, Safaricom’s Chief Executive Officer announced a dividend of KES 0.20/share after the he announced SCOM’s KES 18.4 billion in profit before tax for the 2010/2011 financial year.
Since I track the Nairobi Stock Exchange closely most of my friends and family constantly ask me; ‘which stock is hot? , where can I double my money fast? , Financials or industrials. I usually have one response prepared for these type of queries – that depends. I am…