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Saturday, August 8, 2020

Bizna Reporter

Pain as petrol goes up by Sh. 4 a litre

The price of petrol has gone up by Sh. 4 starting today. This follows a price review by the Energy Regulatory Commission (ERC). According to the new review, the price of petrol has shot up to Sh102.65 per litre...

Beware of fake ‘Safaricom’ page offering free airtime

There’s a new scam in town! The Safaricom Free Airtime Facebook Page!! This page, which is using the corporate trademark and name of telecommunications giant Safaricom has been purporting to offer Kenyans free airtime. The page has been asking...

Opinion: Safaricom is not dominant, but it should open up Mpesa

The following opinion feature by economist Tony Waitima was first published in the Business Daily. “Being dominant is not a crime,” was Safaricom CEO Bob Collymore’s response to the proposed laws that seek to level the playing field of mobile...

This is the secret to passing any job interview

The following analysis by Perminus Wainaina was first published on the Capital FM. In the last six years as a recruiter, I have interviewed over 7,000 candidates. I have had a chance to interview entry level candidates, supervisors and CEO’s. ...

Only one sugar firm now milling in Western Kenya

Sugar factories in western Kenya are running below their capacity. Farmers have attributed this to mismanagement and other factors. On Thursday, only Muhoroni was milling after a short break for maintenance. Chemelil Sugar has not rolled for three days due to...

Kenyan banks post slowest profit growth in 6 years

Banks’ profits in the first half-year grew 8.3 per cent, the slowest expansion recorded in the last six years which could signal an economic slowdown amid tight liquidity. Kenyan operations of the 43 banks posted a total of Sh76.9 billion...

How all shares traded on NSE on Thursday

AGRICULTURAL Company Last Traded Price(Ksh) Prev Price(Ksh) Change(%) Eaagads Ltd Ord 1.25 32.50 29.75 +9.24 Kakuzi Ord.5.00 379.00 352.00 +7.67 Limuru Tea Co. Ltd Ord 20.00 1,090.00 1,090.00 0.00 Rea Vipingo Plantations Ltd Ord 5.00 27.50 27.50 0.00 Sasini Ltd Ord 1.00 17.00 15.00 +13.33 Williamson Tea Kenya Ltd Ord 5.00 395.00 395.00 0.00 AUTOMOBILES AND ACCESSORIES Company Last Traded Price(Ksh) Prev Price(Ksh) Change(%) Car and General (K) Ltd Ord...

Disclose what you charge on Lipa na Mpesa, CAK orders Safaricom

Competition Authority of Kenya (CAK) orders Safaricom to disclose to consumers charges made on lipa na Mpesa service. The Authority said this follows a complaint on the non-disclosure by East Africa’s largest telecommunication company of the charges payable by consumers...

Airtel’s Unliminet scores 1 million new mobile internet customers, Safaricom’s mobile internet users drop sharply

Airtel’s Unliminet tariff which encompassesvoice, data and SMS services helped Airtel garner more than one million new customers in three months from February this year. This is according to new data report released by the Communications Commission of Kenya. According...

Why you shouldn’t be too quick to buy seemingly cheap shares at NSE currently

The following analysis by Rufus Mwanyasi was first published in the Business Daily. Stocks finally rebounded last week following the Central Bank of Kenya’s (CBK) decision to hold the policy rate at 11.5 per cent. The benchmark index, NSE 20 Share...

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