Ecobank opens new Branch
Ecobank has officially opened a new branch in Nairobi. The New Ecobank Karen branch, the bank’s 24th in the country and 10th in Nairobi was officially opened by Finance Minister and Ndia MP Njeru Githae. The Tobank, which was first introduced in Kenya in…
What determines choice of Matatus on your Route?
Kenya has had a blessing in terms of public transport thanks to the Matatu phenomena. However, in the recent past, reckless driving by Matatu drivers has gone into books as having killed more Kenyans than some seriously known chronic diseases. The Nairobi Matatu system has it that there…
Ringera committee to commence hearing on CMC probe
Capital markets regulator Capital Markets Authority (CMA) has appointed an adhoc committee to hear the sides of those named in a forensic investigation report on giant car dealer CMC Motors Group. The report by Webber Wentzel (South Africa) accuses current and previous directors of fraud,…
Sacco's can help members prepare for retirement
It has been the fear of many that traditional old-age security systems are crumbling. There has not been a properly defined way to secure the later years of Kenyans especially the self employed who did not have a channel that could save up to their retirement. However Savings and Credit…
Excess Free Insurance Package For You
Kenya Orient Insurance company has a new product for its clients which might just interest you. This is the Orient Motor Pack, an EXCESS FREE package that combines Motor Insurance with Personal Accident including 24 Hour Rescue and Emergency Services. This package also comes with a Nil…
Money Talk Friday – The 'Hustler' Mindset.
I was sitting on the garden benches in campus one afternoon with a friend having a lazy chat, the assignment rebellion type. I needed airtime to make a call but as it were I was feeling lazy. “I need airtime, but I cannot go to the shop.” “Credit ya how…
Never Say This To Your Boss.
Have you ever opened your mouth, in all innocence, said something to your boss or senior and regreted the same every single day it flashes through your mind? Well, sometimes you might get away with some things if it is family or friends or even business partners you…
Property Developers Biased to Residential Buildings.
Property developers have in the recent days preferred to develop residential buildings which have a shorter payback period as opposed to commercial real estate. Data from the Kenya National Bureau of Statistics shows that the value of residential building plans rose from Sh66 billion in…
Learning To Invest Early in Your Life
Financial stability and sustainability is every ones dream in the world. People talk about investment and the idea of having their money work for them quite often. But how easy or how hard has it been for people to start making this move? Majority of young…
Lenders to Benefit from Accessible Borrowers' Information
Sharing of information about borrowers and their repayment habits has a significant impact on efficiency and expansion of the credit markets. Speaking at the launch of the second phase of the Credit Information Sharing (CIS) project, Central Bank of Kenya Governor…
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