KA-INVESTOR

  • Kenya Re, Results & Others

    Posted: February 27, 2008, 8:33 pm by ka-investor
    Kenya Re suspended for a day
    Kenya Re was yesterday suspended from trading on the NSE for releasing their ‘bad’ 3rd quarter results through the press without submitting it for approval by the NSE first. This is expected to affect the share price today, which may tumble a notch lower partly due to the poor results reported and the bleak future of the industry arising from huge claims occasioned by the post election violence on businesses.

    Companies’ results
    Other companies that have released their results recently include Accesskenya, Barclays, Bamburi and KPLC. Watch out for very impressive 2007 results from Banks {think Equity, KCB…}

    Growthfin financing SME
    With Only 11% of the Kenyan population having access to formal banking and many microfince solutions not working for kenyans, FSDKenya (Financial Sector Deepening) through a project called GrowthFin has come up with innovative, tailor made financing solutions for SME’s. FSDKenya is an organization that works with key partners to facilitate access to finance for Kenya's Small and Medium sized Enterprises. This can easily be confused by GroFin which also give financial support services to Entreprenuers. GroFin is an international company, while Growthfin is just a product of FSDKenya, a local company.

    Celtel vs. Safaricom
    It seems Celtel has resorted to dishing out very good offers and mad-slinging Safaricom to win back their lost customer base. They are now calling themselves the ‘Best Option’, just to indicate who they are fighting against. But sincerely, I like their new Pamoja Tariff. I believe it’s the lowest ever since mobile phones stepped in to Kenya. It doesn’t come better than this.
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Blah blah blah

Fish cakes

Alas a fish cake.

Yet more fish cakes

Guess what ... yeah ... fish cakes.

The end of the fish cakes

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