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'Swiping' to Pay for Chewing Gum – Coming Soon to a Kiosk Near You

You will soon be able "swipe" to pay for a packet of peanuts at your local Kiosk. Equity Bank is prospecting to tap the billions of shillings passing though kiosk and retail shops by introducing a system that will allow consumers to pay for goods without using cash.
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Kenya Projects GDP Growth at 5.2% in 2012

The Central Bank of Kenya (CBK) has projected that Kenya’s real Gross Domestic Product (GDP) will expand by 5.2% with Monetary Policy focusing on achieving and maintaining low inflation. CBK reports that the Kenyan economy performed modestly in 2011 and realized growth in gross domestic product (GDP) of…
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Micro-Financiers Sign Credit Deal with Government

Treasury has signed a deal with four Microfinanciers to advance the Programme for Rural Outreach of Financial Innovations and Technologies (PROFIT) in tunes of KES 600 million
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KQ Msafiri Visa Credit Card, What it offers

The Msafiri Visa Card which earns travelers air miles when they spend money also comes with free travel insurance of up to KES 4.8 million annually.
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Okoa Jahazi, What You Might Not Know

Okoa Jahazi is a service by Safaricom that lets you access airtime on credit and pay later. Considering the fact that most of us have at one point desperately needed airtime but were unable to purchase some due to one reason or the other, this service is helpful…
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Hire Purchase Phones, What You Need To Know

Safaricom recently unveiled a product dubbed: Smart Choice for a Smart Lifestyle that enables those who yearn to own a smart phone or tablet but can’t afford the price an opportunity to buy and pay for a device of their’s dreams in 12 monthly installments. In addition to…
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