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Felix Ochieng
Verified
Contributor, Freelance
Dublin, Nairobi
Beats
Biography
Felix Ochieng is a Business Analyst with The Trading Room
Investing , Markets , Economy
Politics
Content
By Felix Ochieng| The Trading Room@ The Nairobi Securities Exchange (NSE) concluded the week on a high note, with trading activity showing significant improvements compared to the previous session. A total of 30,684,100 shares were traded in 1,458 deals, generating a market turnover of KES 480,845,498.00. This represents an 86% increase in trading volume and a 53% rise in turnover, despite an 8% decline in the number of deals.
By Felix Ochieng| The Trading Room@ US stocks took a heavy blow on Thursday as investors reacted with alarm to the latest developments in President Donald Trump’s tariff standoff, which continues to roil global markets. Despite some recent gains, all three major U.S. stock market indices posted steep losses as escalating trade tensions overshadowed a wave of positive economic indicators and recent optimism over the U.S.-Europe trade dialogue. The Dow Jones Industrial Average sank 1,014.79 points, or 2.50%, to close at 39,593.66.
By Felix Ochieng| The Trading Room@ Kenya Revenue Authority (KRA) on Thursday unveiled an Electronic Rental Income Tax System (eRITS) to foster voluntary compliance among landlords and property owners. The system built on KRA’s Enterprise Integration Platform Gava Connect is set to streamline compliance for the real estate sector from a technology perspective.
Company Info
Freelance
Freelancer.com is the largest freelancing and crowdsourcing marketplace in the world, connecting over 81 million employers and freelancers across more than 247 countries. Founded in 2009 and based in Sydney, Australia, the platform allows employers to post jobs while freelancers can bid on these projects. It is publicly traded on the Australian Securities Exchange under the ticker ASX:FLN. The platform supports a variety of work categories, including software development, writing, design, and marketing. Freelancer.com also offers contests for creative work, where employers can award prize money to winning entries. Users can choose from different membership plans, including free and paid subscriptions, which provide various benefits. The mobile app enhances project management and communication for users on the go. With a diverse customer base that includes individuals, small businesses, and large enterprises, Freelancer.com plays a significant role in the global online economy.
De Pere, Wisconsin, United States