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Safaricom shares are currently trading at Ksh 38.81 and they announced an interim dividend of Kshs 0.64 per share. What does this mean to the average investor? Let's break it down.  Going by last year's trend and assuming that they pay a final dividend of 1ksh, your total dividends will be Kshs 1,640,000 for your investment of Kshs 38.81m How does this compare to other investments? If you had enough money to buy 1 million shares, your initial investment would be Kshs 38.81million and your interim dividend this round will be Kshs 640k. The dividend payment is slightly above 4% return per annum (assuming no brokerage fees for share purchase etc) which is pretty decent, given that safaricom is the bluchipest of the blue chip companies. If you invested the money with a fund manager eg CiC whose return last year was a smidge above 9%, your interest payment at the end of the year would have been almost Kshs 3.5million. A real estate investment of Kshs 38.81 million 'should' y

Ukrainian Ambassador to the U.S. Oksana Markarova speaks to reporters about Russia's attack on Ukraine, at the Ukraine Embassy in Washington, U.S., February 24, 2022  The Russian assault on Ukraine was more brutal on Friday with attacks on civilian infrastructure and Kyiv, but Moscow's forces did not advance as planned and the capital remained firmly in Ukrainian control, Ukrainian Ambassador to the United States Oksana Markarova said. Russia has deliberately targeted some of Ukraine's civilian infrastructure and hospitals, she said, and Ukrainian officials are gathering war crimes evidence to present to the International Criminal Court. Ukrainian President Volodymyr Zelenskiy remains in Kyiv and he held a "very productive" phone call with President Joe Biden on Friday, the ambassador told reporters. After weeks of warnings from Western leaders, Russian President Vladimir Putin unleashed a three-pronged invasion of Ukraine from the north, east and sout

For decades, elections have hardly made a difference in curbing violent plunder by Kenya’s ruling class. With just six months to go till Kenya’s general elections, preparations are in full swing. But the Kenyan authorities seem to be struggling at least in one area: voter registration. The Independent Electoral and Boundaries Commission (IEBC) has been trying to get young adults who have become eligible to vote since the last polls in 2017 to register. In October, the commission set an ambitious target of adding 6 million to the voter register within a month but only a quarter showed interest. In January, the IEBC tried again and today, near the end of the exercise, it has only netted 12 percent of the remaining 4.5 million potential voters it was targeting. This has set off alarm bells among the political classes and commentariat. Politicians eying a run for office and their allies have been issuing increasingly strident calls for youth in what they consider to be their st