International oil prices fell below $90 a barrel for the first time in over seven months on Wednesday, a fall attributed to the tumult in the Eurozone, excess supply and positive news from Iran. The price of Murban crude oil appears to have stabilized at $84.80,…

Accessing loans in the country for small businesses, personal use or for paying school fees is a major problem for many people. Putting in mind the high interest rates that banks and micro finance institutions charge, loans are almost unaffordable. Kiva is a non-profit organization founded in…

Yesterday the Co-operative Bank share fell 0.7% to close at KES 14.35. Though this is not an extraordinary drop, it may serve as an indication of the trend the share will be following in the near future. Over the course of the day 2.05 million shares were either bought or…

The Energy Regulatory Commission (ERC) will not regulate gas prices after all. In an earlier announcement, ERC said it was contemplating  regulation of Liquid Petroleum Gas(LPG) prices after the handling and storage facility under construction in Mombasa is complete. The commission projected that the move would result to the drop…

The Kenya Shilling slipped 0.242% against the US Dollar in yesterday's trading. The Shilling however gained 0.708% against the Euro. Regionally, the Kenya lost 0.201%, 0.116% and 1.24% versus the Uganda and Tanzania Shillings and the Rwanda Franc respectively.

As at the close of trading yesterday the NSE 20-share index stood at 3,678.02 as compared to yesterday’s level of 3,672.3. The NSE All share index stood at 79.14 down 0.37 points from yesterday’s close of 79.51 points. The number of shares traded stood at 27.2 million while the value…

In yesterday’s trading the Kenya Shilling strengthened for the first time in three days registering an exchange rate of KES 84.90 over the course of the day. This comes as a small reprieve from the depreciation we have observed on the shilling over the last week or so. In response…

In 2007, China executed a former director of its food and drug agency for approving fake medicine in exchange for cash. This move was at the time when the far Eastern economic giant was preparing to host the 2008 Summer Olympics in Beijing. A local newspaper last weekend carried a…

There were 13.43 million Safaricom shares changing hands today, the share price losing 10 cents down to close at KES 3.40. Stocks from the banking segment of the NSE held 4 of the top 5 mover slots in today's trading.

Like the case of M-PESA-to-bank, Airtel Money allows you to conduct all your banking transactions in the comfort of your phone. You can withdraw and deposit cash into you account plus also transfer funds to another person’s bank account. Bank’s partnering with Airtel Money mobile banking…