Sterling Investment Bank

STERLING INVESTMENT BANK (SIB) was incorporated in 1981 as a limited liability company, to provide investment and financial advisory services. In July 1994, SIB was licensed  as a stockbroker by the Capital Markets Authority. It was relaunched in January 2005 with new shareholders and under new management.

Key aspects of the quality service SIB provides to clients are

• buying and selling quoted shares on behalf of clients
• Treasury bonds and treasury bills placements
• commercial and corporate bonds placement
• in-depth research on listed companies
• non discretionary portfolio management

SIB recently converted into an investment bank and is putting in place measures to develop new products,in line with its new stature.


website:www.sterlingstocks.com

Kakuzi H1 Pretax Profit up 255 Percent

Kakuzi's pretax profit increased more than threee times in the first half of 2010 thanks to an improved performance in its tea operations and reduced financial costs, lifting its share price.

Pretax profit for Kakuzi incresaed by 255 percent to 194.5 million shillings.

"The improved profit over the equivalent period last year has been due to satisfactory returns from our tea operations together with significantly reduced finance costs and a weaker Kenya shilling," the firm said in a statement.

Earnings per share surged 1,523 percent to 4.22 shillings but Kakuzi said its directors did not recommend paying an interim dividend.


Kenya is the world's leading exporter of black tea. High rains this year have boosted production and reduced prices compared to last year when drought ravaged Kenya.

Kakuzi's shares reached a high of 100 shillings in early trade on the Nairobi Stock Exchange and traded at 80 shillings, unchanged from Wednesday's close.

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About Kakuzi

Kakuzi Limited is a Kenya-based company engaged in the cultivation, manufacture and marketing of tea. The Company is also engaged in the growing and marketing of avocados, livestock farming, growing of pineapples, growing of other horticultural crops and forestry development. Kakuzi Limited’s subsidiaries include Estates Services Limited, Siret Tea Company Limited, and Kaguru (EPZ) Limited. Kakuzi Limited has a joint venture agreement with Del Monte Kenya Limited, for the growing of pineapples. The pineapples are processed and sold by Del Mote Keya Limited, who acts as the operating/manager of the joint venture. The Company’s parent company is Camellia Plc.

NAIROBI STOCK EXCHANGE

On monday 9th June 2008, the NSE marked historic milestone in East and
Central Africa by listing Safaricom Ltd. Safaricom listing increased
the number of listed issued shares from 15 billion to 55 billion
(Safaricom Ltd has 40 billion listed shares) and helped NSE's market
capilization to cross a trillion mark to 1.28 trillion. The number of
CDS accounts stands at over 1.8 million. For the first time, the NSE
number of transaction hit a new high of 11,000 in a single day.

NSE has undergone a lot of modernization since inception in 1954.
These include transition from "call over" Trading System to "Open
Out-Cry" Trading System, introduction of Central Depository and
Settlement Corporation (CDSC) and elimination of paper certificates,
installation of the Automated Trading System (ATS) which replaced the
manual trading and recent implementation of the Wide Area Network
(WAN) that enabled stockbrokers, investment banks and data vendors to
trade and deal with the market from their offices.

Using the ATS and WAN, NSE commenced data vending business as an
additional revenue stream. There are seven local and one international
datd vendors authorised to distribute NSE LIVE trading data. The NSE
has over 10 data vending products on offer on a subscription basis.
Investors can also make all their queries to the NSE on an SMS service
using the short code 8040.

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Central Depository & Settlement Corporation

CDSC is a limited liability company approved by the Capital Markets
Authority under section 5 of the Central Depositories Act, 2000 to
establish and operate a system for the deposit and transfer of
securities and settlement of cash following transactions carried out
at the Nairobi Stock Exchange. CDSC was incorporated on 23rd March
1999 under the companies Act, 2000, and commenced its operations as
mandated under the Central Depositories Act 2000 on 10th November
2004.

Since 2004, CDSC has grown tremendously; the client accounts grew from
30,000 at the end of 2004 to over 1.6 million as of 2008. An average
of 5000 deals settle through the CDS system every day.

CDSC has an SMS solution to keep CDS account holders informed of
activities in their CDS accounts. This service is operated under the
short code 2372 which spells out the initials CDSC on a phone keypad.
Upon registration, CDS account holders will be able to among others,
query and view portfolio balances, mini statements and receive alerts
whenever there is activity in their accounts e.g. sale, purchase,
deposit, transfer, pledge, release etc.

Equity Bank

EQUITY BANK LTD is Kenya's leading micro-finance institution, founded
in 1984 with special focus on mortgage provision. The bank now offers
a wide range of products and services that are tailor made for its
micro-finance clients.

Among them are deposit and loan products. Deposit
products include Equity Ordinary Account, Current Account, Super
Junior account for children, Social Institution account for non-profit
institutions e.g. Churches, public schools and self-help groups.
There are loan products for business people, individuals and group
borrowers. "Fanikisha" loans target women in business while Biashara
Imara loans offer working capital to small and micro businesses.
Agricultural loans such as "Kilimo Biashara" are aimed at supporting
farmers and agro-dealers access farm inputs and implements.
"Development loans" are designed for project financing, and Business
loans which provide working capital and other business requirements to
business people. Others include, Equiloan available to salaried people
through a check-off system, salary advance loans, Medical loans for
both inpatient and outpatient medical cases, and "Education loans".



In addition, the bank offers overdrafts on which allow clients to overdraw up to a certain amount,and also offer "Share Finance Loans" a facility that helps clients to purchase shares.


The latest services offered at Equity Bank include, M-KESHO
Account, Insurance services, Custodial services and nationwide ATM
machines. Cash back services allow you to shop, pay and withdraw cash
from leading supermarkets, pharmacies and other retail outlets.
Customers and non-customers with Visa branded cards can also withdraw
cash through Equity Bank ATMs.

www.equitybank.co.ke

Dyer and Blair Investment Bank

Dyer & Blair is the market leader in Investment Banking in Kenya and the greater East Africa region. With more than 50 years of experience,the company is at the forefront of some of the largest financial transactions in the region. It has played an important role in developing both the investment market and the advancement of share trading, particularly in East Africa.


The company is very proud of its achievements and continues to grow from strength to strength through the talents of an experienced and well-qualified team. The company has over 100 employees who work in a range of fields including Fixed Income; Portfolio Management; Equities and and Corporate Finance. The Income; Portfolio Management; Equities and and Corporate Finance. The investment portfolios grow and mature under their careful management.


Combining experience,knowledge, fulfilling clients relationships and financial and intellectual capital in a dynamic and creative environment, Dyer and Blair Investment Bank enables clients to achieve their financial dreams.


wwww.dyerandblair.com

10 corporate Travel Agencies in Kenya

1.Palbina Travel and Tours

Palbina Travel and Tours offers travel solutions for both small and large companies, locally and abroad.


2. Carlson Wagonlit Travel

Carlson Wagolit Travel has over 60 years of experience in the hospitality industry.CWT is your one stop shop for all your corporate travel needs.


3.Travel and Style Travel

Travel 'n Style provides personalized and proffessional services.They have offices in Nairobi Kenya and associates in Tanzania,Dubai, London and India.


4.Elite Travel Solutions

Elite Travel is among the first travel agency to be established in
Kenya and has over 30 years experience.Elite Travel specializes in
corporate travel and can take care of all of your travel needs.


5.UNIGLOBE Fleet Travel

UNIGLOBE Fleet Travel is a full-service travel agency specializing in corporate travel in Kenya. It has connections to over one thousand locations in fifteen in four countries across four continents.



6.Africhoice Tours and Travel

Africhoice has operational presence in Kenya, Uganda and Tanzania.They offer competitive pricing for corporate incentives, conferences or any other travel interests.



7.Fairhead Kenya

Fairhead offers incentive travel and transportation solutions. They
have qualified facilitators who can take your team through a series of
team building tasks.



8.Debonair Travel ltd
Debonair has been in operation for the last 20 years.They provide travel related services.


9. Jet Travel

Jet Travel is one of the top ten travel agencies in Kenya.They
offer international and domestic air ticketing, tours and safaris, car
rentals, airport transfers, incentive travel, seminars and business
conferences.


10.East Africa Shuttles

They offer incentive travel,team building with Kenya companies, conferences and seminars.

BANK OF AFRICA KENYA LTD

BANK OF AFRICA KENYA LTD commenced operations in Kenya on 1 July 2004.It is owned by the following shareholders:-

- Groupe Bank of Africa 60%
-Netherlands Development Finance Company (FMO) 20%
-Aureos East Africa LLC Fund 20%

The bank has branches in Uganda, Tanzania and Burundi after acquiring existing banks.


BANK OF AFRICA KENYA LTD offers a wide range of products and services that cover the sectors of Retailing Banking, SMEs and Corporate Banking. These include Savings Accounts, 123...kids Cool Account, Investment and Chama Accounts,Personal Loans, SESAME ATM Cards, Asset Financing, Insurance premium Financing, invoice discounting Trade Finance, B-WEB (Internet Banking), Treasury Products and WESTERN UNION money transfer services.


www.boakenya.com



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UAP Insurance

UAP Provisional insurance company Limited is one of the leading insurance companies in Kenya and from its origins has been operating in the Kenyan market for more than seventy years. The company has now established its strong presence in the region with UAP Insurance Uganda and UAP Southern Sudan.


The company transacts all classes of general insurance in addition to Marine, Life, Pensions and Healthcare products.



UAP Insurance has a network of branches across Kenya and it is therefore able to provide prompt and efficient service to all its customers.

BRITISH AMERICAN ASSET MANAGERS

At BRITISH AMERICAN ASSET MANAGERS LTD, they empower their clients
worldwide to achieve and exceed their financial and investment
objectives by providing superior investment solutions and excellent
service that maximize stakeholder value.


BAAM is licensed as a Fund Manager by the Capital Markets
Authority (CMA), and provides a comprehensive range of domestic
investment products (Unit Trusts) and a suite of off-shore investment
products in hard currencies, to meet the financial investment needs of
a broad array of investors in the East,Central and Southern African
region.


The company has been in operation since April 2005 and has
experienced immense growth and currently has in excess of Kshs. 5
billion Assets under management. BAAM has the widest range of regional
and offshore investment products. The funds offered by BAAM include:
Money Market, Equity, Income, Balance and Managed Retirement Funds.

The company has experienced and qualified Financial Planning Managers whose role is to offer financial planning and investment services to their clientèle. BAAM also boasts of state-of-the-art financial planning software.


www.baam.co.ke

BRITISH AMERICAN INSURANCE

Their mission is to be a customer focused organisation offering high
quality insurance and related services in the most cost-effective
manner that maximizes shareholders' and other stakeholders' value.
They aspire to be the leading provider of world-class insurance and
related services.


Britak is the current market leader by premium income in
ordinary life insurance and is among the top five largest insurance
companies in Kenya.


Continuing in its tradition of developing and marketing
innovative products, Britak launched the Investplus and SuperSaver
unit-linked life products into the market and the rapid take-up of
these policies confirms the research findings which indicated that
customers were looking for products that would maximize their returns
and are flexible enough to meet their changing needs.


Britak has retirement planning products including the Britak Personal pension plan for
individuals and the umbrella Retirement Fund targeting small and
medium enterprises.

Finally Britak boasts of a wide branch network covering all the
major towns in Kenya.

OLD MUTUAL

The Old Mutual Group in Kenya consists of Old Mutual Life Assurance company established in 1920, Old Mutual Asset Managers established in 19997, and Old Mutual Investment services established in 2002.

Old Mutual Life Assurance CO (OMLAC)
This is the backbone of the group and offers Investment savings as well as life assurance products. They include:

The Kenya Stable Fund
This fund provides medium to long term savings vehicle to accumulate capital over time. It uses the concept of Unit Trust Investment with distributions into the Equity market, money market and Property market proportions of 60%, 20% and 20% respectively, to spread risk and maximize returns.

In the Kenya Stable Fund investors have two choices:-
The Regular Premium Savings Benefit:

This product allows an investor to earn through purchase of units on a monthly or annual basis, minimum of Ksh 5,000 p.m or Ksh 60,000 p.a. Compounding monthly interest increases the growth over a specified term.

The Single Premium Injection Benefit
The Single Premium Injection Benefit provides an accelerated mechanism of growing your lump sum savings over a period of time, minimum ksh 200,000.

For more information contact Old Mutual www.oldmutualkenya.com

SOUTHERN CREDIT

Southern Credit Banking corporation is a member of the prestigious Southern Shield Group of companies.Incorporated as a shipping company in 1952, Southern credit commenc3ed operations under the name Southern Line Limited.

Withe the passing of the years, Southern credit has grown from strength to strength. From 1980, Southern Credit operated as a financial institution before becoming a fully fledged commercial bank in May 1996. Six years later, it merged with Bullion bank in order to harness the synergies of both banks.

This merger has paid off, as the resultant has led a much stronger institution with a capital base of over ksh 500 million, and an asset base of over ksh 5 billion.

National Bank- The bank where you belong

National Bank of Kenya offers a wide range of financial services to the general public and business community through its branch network in Kenya and the correspondent banks. Their services include:
Cards
.Local credit card
.International Visa Credit card
.Visa electron Debit card

Deposit accounts
.Current accounts
.National savers account
.Pinnacle account
.Children account

Advances
.Personal loans to salaried customers
.Mortgage
.call deposits
.Asset financing
.Fixed deposits
.Overdraft facilities
.Foreign currency account
.Trade finance and Treasury services
.Taifa accounts
.Banker's guaranteed indemnity
.Foreign currency transactions
.Bond trading
.Buying and selling of treasury bills for customers

Others
.International money transfer-money Gram
.Share registry services
.Collection of VAT country wide
.ATM cash and check deposits
.Moble banking services,airtime top up,mini statements

Resolution Health

Resolution Health East Africa LTD (RHEAL) is a medical insurance provider registered in 2002 under the insurance Act.

Resolution Health utilizes managed care principles to provide access to comprehensive high quality health care.They manage their members health care budget by having structures that control delivery costs.By spreading the risk across a wide base, their members get a product with a wide range of benefits at a cost they can afford.

In the years that they have been in existence, Resolution has come to learn the value of "added value". With over 40,000 members in their fold, they have learned to adapt in this constantly changing society, and develop products that are effective and relevant to their members.

Resolution Health has over 180 medical service providers all over the country and a strong network of hospitals, clinics and doctors.

Resolution Health has a wide range of product offerings with plans for in-patient and out-patient. Their products meet your requirements by providing unique cover options such as maternity, optical, dental and HIV/AIDS cover either for you as an individual or for your organization.


Contact information:
Roshanmaer Place, Lenana Road
P.O. BOX 4469-00100,Nairobi
Pilotline +254 20 2894 00, +254 40 3874774
Mobile: +254722200025, +254734828812
FAX: +254 202894210
email: info@resolution.co.ke
WEBSITE:www.resolution.co.ke