8 Things You Should Know This Morning
1. Alarm as loan defaults rise by Sh4bn steep rise in the cost of loans that started at the end of 2011 has left many borrowers incapable of servicing their debts, pushing up the level of default across the banking industry. The volume of non-performing loans…
In Defence of the Peter Pan Generation
The definition of growing up most of the time refers to having a plan in life that points to mortgages, marriage, children, savings, and a flourishing career. But is the true measure of a man these things that he possesses? Are we a sum of our possessions? Is it the only way to define adulthood or lack thereof?
8 Things You Should Know This Morning
1. Pyramid scheme cheats face 10 years in jail Promoters of pyramid schemes face up to 10 years in jail under a new law passed by Parliament on Wednesday to protect Kenyans from dubious investments. The private member’s Bill by Ikolomani MP Boni Khalwale will go through…
8 Things You Should Know This Morning
1. Health officers ban food hawking after donkeys found slaughtered The Public Health Department in Naivasha has outlawed hawking of food after four donkeys were found slaughtered. The District Public Health Officer, Samuel King’ori, banned the sale of samosa and mutura until further notice. This came as…
What it Means to Earn Peanuts
These tweets were sent by @Roomthinker, in reaction to the recent call by the National Assembly Speaker Kenneth Marende for an increase in MPs’ salaries. According to Kenneth Marende, the KES Sh851,000 monthly salary for the MPs is peanuts. @Roomthinker takes up this subject and explains exactly what it means…
8 Things You Should Know This Morning
1. Electricity bill to go up by 16pc this month Your electricity bill will go up by at least 16 per cent this month following a decision by Kenya Power to increase charges levied on the power. In a legal notice published last Friday on the Kenya Gazette, Kenya…
8 Things You Should Know This Morning
1. NCPB under spotlight over maize price The government’s latest bid to fill up the national granary by offering maize farmers high prices has turned the spotlight on its role in the market as households forego low prices associated with the harvest season. While weekly data gathered by…
Weekend Reads
Here is a collection of links we have put together for your weekend reading. Enjoy the reads and the weekend too. 1. 6 Things Rich People Need to Stop Saying What They Think They’re Saying: “Come on, we’re all in this together! It’s not like I have infinite…
8 Things You Should Know This Morning
1. CCK rules out compensation for fake mobile phones Owners of the more than two million counterfeit phones that are expected to be switched off next month will not be compensated. The Communications Commission of Kenya (CCK) says it has reached an agreement with the Consumers Federation of…
Beba Card, Why Not?
Joining Kenya’s cashless payment modes earlier this year was Google’s Beba Card. The NFC-enabled card comes in handy at budgeting for the month, and in reducing the hustles that come with payment of fares by cash. Most of us were also secretly hoping that the card would,…
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