1. Tangaza goes After MPesa’s throne
Tangaza is an independent money transfer service that allows you to send money across all the network at a standard rate of KSh 30, though again Yu Cash proves to have the most affordable rates as compared to the rest with zero (0) rates for sending money across the networks. And it’s out to get MPesa
2. KCB and CFC Drop Their Base Lending Rates
Following the MPC cutting the CBR 350 points from 16.5% to 13%. Two banks have so far followed suit and cut their lending rates. Let’s watch to see who else follows suit today.
3. Tullow Make Hydrocarbon Discovery
British energy explorer Tullow Oil said it found natural gas in the shallow waters off the Kenyan coast, its first such discovery. Tullow said it discovered a natural gas pay measuring about 170 feet thick in shallow waters of the Mbawa-1 exploration well off the coast of Kenya.
4. Why Some CEOs Survive Scandals
Why was Diamond fired but not Dimon or Blankfein? All faced internal and governmental inquiries into what went wrong at their firms. In January 2011, a Goldman internal committee published a report on the firm’s business standards and what it could do better. Bloomberg takes us through reasons some CEOs survive anything and others just crash and burn.
Excessive egotism and low self-awareness are the psychological profiles associated with the ‘dark side’. In fact, they also tend to be linked with scandalous incidents that mar the reputations of high-profile leaders. This article identifies the characteristics of the dark side, helps understand their roots and gives direction on how to channel them.
6. The Mobile Phone Journey in Kenya
Back in the late 1990s and early 2000, if you said one day 3 in every 4 Kenyans would own a mobile phone you’d probably be mocked all the way to mars. Yet they do. So what exactly was the price of phones then and now?
7. Kenya Power Review Staff Terms
Kenya Power is reviewing employment terms for more than 1,500 staff working as meter readers, who are at risk of being rendered redundant once the company completes an automation exercise that is currently underway.
8. Kenya Uganda Railway to be Upgraded
Kenya–Uganda rail operator Rift Valley Railways (RVR) has embarked on a major renovation of its locomotive overhaul facility in Kampala as part of a five-year turnaround effort at a cost of $284 million. Company officials say lack of adequate maintenance capacity for locomotives and rolling stock has been a contributing factor to the cargo congestion at Mombasa port.