New NHIF Tariff Takes Effect in June
The National Hospital Insurance Fund (NHIF) will effect its new tariffs beginning of June. The announcement by NHIF comes after a bid by The Central Organization of Trade Unions to block the proposal from taking effect was defeated. The new rates which were projected to start May, will now take…
When the Big Money Knocks Unexpectedly
When you have not planned to get money and it comes your way, does it become very difficult to plan for it thereafter? Winners of Jackpots, mega athletes, musicians, actors artists and other sportsmen and women fall in this category of people who sometimes sleep poor and wake up amongst…
Mobile Loans with M-Pepea
Salaried people can now access small short term loans through a genius mobile application called M-Pepea. Raven Ltd the company behind M-Pepea uses the application to advance small emergency loans to borrowers. M-Pepea which Raven Ltd launched in 2010 is a fast and convenient lending service. A…
Loans Easily Accessible in the Coming Days?
So banks in the country have been posting billions of shillings even as the economy and millions of Kenyans struggled in the past five years. But all that has now come to an end. In the coming weeks, as the earnings reporting season for the first three months of 2012 begins,…
'Bad Debtors' to Miss Out on Loans
Individuals and companies who have been listed by banks as bad debtors, will miss out on credit for a minimum of seven years. This is a milestone for the lenders which has been made possible by Credit information Sharing by Credit bureaus,banks and other credit giving institutions. A newly published…
Barclays Customers to Travel Cheaper
Barclays Bank of Kenya’s Business Club members will be travelling cheaper on their international trip program organized by the Bank. The club is a section of the banks’ customers who access exclusive privileges in the banks’ services. Speaking at the flagging off vans carrying 400 members…
Local Tourism Boosted by Entreprenuers
Barclays Bank of Kenya, has extended a boost to local domestic tourism as the Barclays Business Club members headed to Amboseli National Park for a two day business workshop beginning Friday 20th. In the maiden Business Club trip this year, more…
Barclays Steps up Junior Saving
In a trend setting programme, Barclays Bank of Kenya has undertaken to raise awareness on savings amongst children using education entertainment (edutainment) platforms across major towns in Kenya. As part of its market development programme, to entrench the Barclays Junior Eagles Club Account, Barclays Bank…
Tarrif Increase by Safaricom Caused Fall in Call Traffic
Mobile service operator Safaricom decided to increase its call charges in October by 25% after it recorded a huge drop of profits in the preceding months, a report by The Communications Commission of Kenya has revealed. This move by the leading mobile service provider…
Increase in Use of Mobile Money
The rapid uptake of mobile money transfer and banking has been attributed to the continued demand of the service’s ability to address banking issues. More particularly, low income earners who do not have access to banking services have been in the frontline in the growth of the service, offered by…
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