Literacy on donkey meat is very crucial I am a frequent reader of your magazine. It’s always available to me through the Nakumatt Supermarket in Eldoret town. I am particularly interested in the story (Which way donkey meat). I own a donkey which has proved to be very helpful in offering transport services within my village and adjacent market centres. The traditional role of the donkey in all the communities worldwide has been the beast of burden. But it’s indeed surprising that Kenyans want to reverse this norm. Why don’t we leave this beast of burden alone lest it will…
Author: Editor
Kenya Accountants and Secretaries National Examination Board (KASNEB) held a prize award ceremony on Friday, 4 April 2014 at Laico Regency Hotel, Nairobi as part of celebrating the success of students who excelled in the May/June 2013 examinations. KASNEB administers examinations twice a year, May/June and November/December and holds two ceremonies in April and October to celebrate the success of students who excel in the examinations. This movealso aims at motivating and encouraging current and potential students to excel.
NBM – Stock Of The Month Kenya Reinsurance Limited (NSE: KNRE) Kenya Re, the only listed reinsurer on the NSE has registered significant 10.81% share price advancement over the month. This upward trend has been supported by an increase in investor demand in anticipation of a positive FY13 financial performance, with the results due for release before the end of the month. In addition, the company is strategically placed in a rapidly growing insurance industry. Internal company fundamentals remain favorable with consistent profitability and growth in earnings with the company currently trading at a P/E of 5.06x against the industry…
EDITORIAL Now time to leash banks It just defies logic. Banks and lending institutions harvested a combined profit before tax of Sh124.57 billion last year. This was a 17 per cent growth from the previous year. By inference, every bank customer ideally contributed Sh6,200 to the offensive profits the banks made last year.
USING ICT IN CRISIS INFORMATION MANAGEMENTPeter WanyonyiThe biggest crisis story in the last two months was, undoubtedly, the disappearance of Malaysian Airlines Flight MH370, which lost contact with traffic controllers on March 8, 2013. It led to the largest ever multinational search and rescue effort, but what was remarkable in the initial stages of the effort was the astonishing level of confusion and conflicting information emerging from both Malaysian Airlines headquarters, as well as the Malaysian government.
Although attributed to Steuart Henderson Britt, with the Canadian having popularised the statement in his book Marketing Management and Administrative Action in 1965,this advertising tongue-in-cheek statement was coined more than a Century earlier.
INVESTMENT GUIDE: EAST AFRICAN BREWERIES LIMITEDLooking into the future with faded optimism 14% cut to our PT due to higher risk free rate:We have readjusted our risk free rate to reflect a higher 10-year paper yield (12.8%, previously 11.6%) in our valuation – as yields on government papers continue to edge upwards.
Mortgage market; rate cuts or government interventionThe biggest blockage to mortgage take up in the Kenyan economy is the high interest rates from the main lenders. At the current rates, analysts predict, half Kenya’s urban population cannot afford loan repayments for a house that is priced at Sh700 000.
BayleafThey say that Kenya is still a developing country where most small medium enterprises and homes prefer organizing events on their own to cut down on costs. But it is time for a rethink. A conversation with one Danson Munge, the man whose playing field for the last 15 years has been the hotel industry, helped us see the bigger picture of a new trend.
Today’s businesses face unprecedented challenges. Leaders are opposed to increased competition, globalization, social responsibilities, technological changes, and strategic thinking. These challenges need to be managed for sustained high performance.