Holiday Time: Borrowing Vs Saving
Saving for a holiday takes time but stands to give the individual better options in the time after the holiday.
Will Mobile Money Make Kenya a 'Cashless' Economy?
Analysts say that the cost of conducting cashless transactions should be lowered by about 33% in Kenya to encourage more people to take up the option.
S.A Bank Absa to buy Barclays' African Operations
South African bank Absa Group said on Thursday it will buy Barclays African operations for 18.3 billion rand (KES 176.8 billion). This, a statement from Absa says, is a move to finalize a longstanding plan to fuse the two company businesses in Africa, considered a fast-growing market.
KCB Slashes Base Lending Rate
KCB Bank has announced that it will be reducing its base lending rate effective in the new year. In a public statement via the Group’s twitter page, the bank says it will reduce the rate by 200 basis points to 17% down from the current 19%. This announcement has comes…
What Your SACCO Savings Can Do For You
So you started that Chama and have a little money. What should you do with it?
KQ Sends Reinstated Workers On Indefinite Leave
The Drama at Pride Center took another twist this morning as 400 retrenched employees were sent on compulsory leave until further notice. Just a day after the Industrial Court ordered Kenya Airways to reinstate 400 employees who had been sacked in September, the lot has been sent on…
Court Orders Kenya Airways to Reinstate Sacked Employees
The Industrial Court in Nairobi has ordered Kenya Airways to reinstate more than 400 employees who had been sacked by tomorrow morning. Making the ruling today, Industrial Court Judge James Rika termed the retrenchment exercise by Kenya Airways as ‘unlawful’ as regards the new Kenyan Constitution. Kenya…
A Quick Comparison of Available Payday Loans
The last few days to payday have been a mystery for many people since the invention of monthly salary systems. We have read thousands, if not millions of essays on how to survive these days. Budgeting advise is probably one of the most read pieces of advise the…
KCB Bank Appoints Oigara as New CEO
Joshua Oigara has been appointed as the new CEO of KCB Bank Group taking over from Martin Oduor-Otieno
Nakumatt Opens Shop in Malindi
Nakumatt has opened doors to its 38th Supermarket Store in East Africa in Malindi today inching closer to its 40 stores by the end of its financial year.
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