Mobile Phone Penetration and Economic Growth

According to a study done by economists at the World Bank, an increase of 10 percentage points in mobile phone penetration – that is adding 10 new mobile phones per hundred people – boosts gross domestic product by 0.8 percentage points in developing nations.

Kenya’s penetration stands at around
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PE in KE

Private equity and venture capital right now seems the best way for foreigners to get a piece of the action of the Kenyan growth story. Recently, family bank, one of the fastest growing micro lenders in Kenya, sold about 24.99% stake to

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Booming Banking Business

As usual the banking and financial sector initiated the reporting season with a good percentage of them performing exceptionally well  in the period under review. The most eye-catching to me was the Leading public investment company Centum registering a record 867 per cent rise

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KPLC Bee Hive of Activity

Kenya Power limited Company is involved in a beehive of activity at the Nairobi Stock Exchange in terms of a share split, balance sheet restructuring and a rights issue. In English, they
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BUSINESS Connexion sets up shop in Kenya

BUSINESS Connexion sets up shop in Kenya

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Bonding in Kenya

Fixed income trading at the Nairobi bourse has grown very significantly especially this year where bond turnover reach KES 563.49 bn (USD  7.4 bn) at market close yesterday- almost 5.12 times

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MSMEs Finally Catch A Break

It has been common banking practice to lend to stable business  with audited books of accounts for a couple of years plus exchange of some form of  collateral but this trend is slowly changing as banks

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Niko Na Safaricom

Kenya’s largest ICT Company just launched one aggressive marketing campaigns that seeks to ‘deepen their emotional connections’ with Kenyans including their 16.71 million subscribers. Former CEO and brand champion Michael Joseph says that they wish

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Sharia Compliance; An Avenue For Growth

Due to 20 years of war in Somalia, many people fled to Kenya seeking peace and a chance for a better life. This huge inflow of people (many are of the Muslim Religion) has forced the Central Bank of Kenya, Capital Markets Authority and

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Demography is Destiny

According to the 2009 official census results, Kenyans under the age of 40 years are said to comprise around 80% of the populous. Some Government pundits claim that this is bad for our economy but I beg to differ. Furthermore 60% of Kenyans

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