8 Things You Should Know This Morning
1. Equity Reports 58% Growth in Pre Tax Profit Equity Bank has reported a 58% in growth of profit before tax in its 3rd quarter result for the 3 months ending September 30th. The Bank reported a profit of KES 10.9 Billion in the 3rd quarter…
Excess-Free Motor Insurance
Kenya Orient promises no excess charges on material damage claims.
Equity Reports 58% Growth in Pretax Profit
Equity Bank has announced a profit before tax increase of 58% netting KES 10.9 billion in the 3rd quarter riding on high customer deposits and low interest paid on deposits.
76% of Kenyans Understand the Importance of Saving Their Money
Latest MasterCard survey reveals that 76% of Kenyans commit to increase their savings in the following 6 months mainly motivated by unforeseen emergency expenditure. Only 46% have calculated the total amount that they would need to retire with in order to maintain their lifestyle after retirement.
M-Pesa Loophole Remains Unsealed
. In addition to buying yourself data bundles, the service allows you to purchase bundles for other subscribers using your M-Pesa account.
And that’s where the loophole lies.
Selling Kenyan Culture at The Lamu Festival
The Kenya Tourist Board believes that this event will help boost earnings for the sector. It will give artists and performers a chance to market as well as sell various aspects of their cultural heritage.
8 Things You Should Know This Morning
1. Contract of Oil Exploration Firms Cancelled Over Outrageous Terms The government has terminated the contract of Norwegian Oil company Statoil, barring it from further exploration in the country after it faulted conditions set by the Energy ministry. The conditions set by…
Trend in the Cost Of Living Over the Last 12 Months
A look at Kenya's cost of living
WiFi Everywhere
Wazi Wi-Fi is seeking to bring together different Wireless networks into a common network with a centralized payment gateway that will make logging into Wi-Fi anywhere with the same initial sign-on. Wazi have deployed over 400 Wi-Fi Access Points in 200 hotspot locations in Nairobi and Mombasa; Kenya’s largest cities.
8 Things You Should Know this Morning
1. Inside Coca Cola’s KES 5.6 Billion Coca-Cola faces a KES 5.6 billion tax bill after ignoring a review of taxation laws that required soft drink makers to pay excise duty on costs incurred during washing and sanitising of returned bottles. Former…
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