Friday 7 June 2013

Samsung Galaxy smartphones overtake Apple IPhone in market share.

Samsung Galaxy is overtaking the Apple IPhone in the Smartphones market, a new market research shows. This is attributed to increasing advertising spend by Samsung, and a lower price for Samsung products as compared to Apple products. Equally, Apple has not had any major IPhone product development in over a year, signaling that the company may be comfortable with the current

4 of Kenya’s most memorable IPOs.

There are many Initial Public Offers that have been conducted in Kenya. Here are four of the most memorable.

1. KenGen IPO.
The KenGen IPO was the most publicized. It made Kenyans aware that there were other investment avenues apart from buying plots, and owning real estate. The IPO was massively oversubscribed, generating over 25 billion shillings. However, what the IPO really showed is that Kenyans had a lot of money, only that they didn’t know where to invest their money.

2. Eveready IPO.
Eveready IPO was regarded as a fluke. Many people did not have appetite for the shares, partly because of the lack of faith in the company’s long term prospects, as more Kenyans become

Small Investors lose out on Safaricom Shares.

This weekend marks five years since Safaricom floated its shares at the Nairobi Securities exchange. A total of 10 billion shares were floated. It’s been mixed fortunes so far. For the government and institutional investors, the fortunes from the floating have been mind boggling, but for the small retail investors, the fortunes have dimmed, and that perhaps explains why small investors have largely shied

10 Highest-Paying Blue-Collar Jobs

We tend to associate hefty paychecks with briefcases, neckties and lab coats – but it turns out there’s plenty of money to be earned by those who sport hard hats and coveralls.
This may be surprising, but plenty of talented and skilled blue-collar workers earn six figures doing electrical work, repair jobs, and other labor-intensive trades.

What defines a blue-collar job? The American Heritage Dictionary says, “Of or relating to wage earners,

Opinion: Why Africa's 'Rising' Narrative is a fad.

Africa Union Flag:  Source:nepad.org
We are constantly reminded these days that Africa is rising, harboring six of the world's ten fastest growing economies. In March, the Economist declared that "Africa is the world's fastest growing continent just now," and the "hottest frontier" for investments. Time magazine's cover of Africa Rising said "it is the world's next economic powerhouse," and added that challenges lie ahead. The Wall Street Journal calls it "a new gold rush."

No question that some good stuff is happening in Africa, but the story does not end there. There is the other side. Africa is growing but its growth seems to be leaving people behind. The celebration, therefore, seems premature; it is like we are patching the roof of the house before laying the foundation down. That is very

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