GnuCASH and personal finance management

I have finally moved to Gnucash for management of my personal finances, after my trial license for MS Money 2008 (US Edition) expired.

This means that I now completely use FOSS software for all my personal software. I had done a post on this about a year ago, and the missing link was financial management.

Gnucash is pretty simple to use once you get the hang of it. Some stuff can be a bit manual - e.g. automatically setting up tax on personal incomes (possibly due to the business oriented nature of the software), but one feature I like a lot is the ability to have multiple accounts open at once and switch between them at will.

I opted not to migrate from MS Money, but start from a particular date to make it easy for myself.

I would recommend Gnucash for anyone looking for a FOSS alternative to the commercial accounting packages out there.

Stanbic UGANDA IPO

I'm seriously considering taking part in the Stanbic UG IPO.

The info I've gleaned so far:

The issue price is Ushs 70 (Kshs 2.85)
Total of 1,023,773,394 shares (20% of the total) available to the public

Opening of the Offer: 10.00 on 24th November 2006
Closing of the Offer: 17.00 on 22nd December 2006
Announcement of results of offer and basis of allocations: 16th January 2007
Share certificates and any refund monies available for collection: 19th January 2007
Date of listing and commencement of trading on the USE: 25th January 2007

Price Earnings Ratio: 10.19
Dividend Yield at Offer Price: 7.81%

I think it's a good buy.

Apart from Dyer and Blair, I haven't found any other broker in kenya who can facilitate this. So I might as well open my fourth broker account.