Barclays Unveils New Corporate Shariah Asset Finance
Barclays Bank of Kenya has today launched a Shariah compliant Asset finance product tailored for corporate customers and re-launched an enhanced Vehicle Finance product for the Retail market. The product dubbed La Riba Asset Finance will enable corporate customers wishing to acquire moveable assets both…
Conservancy to Build Houses Next to Wildlife Reserve
Ol Pejeta Conservancy has announced plans for the construction of an estate that will be located next to a wildlife reserve on the outskirts of Nanyuki town. The project, dubbed Mount Kenya Wildlife Estate is part of an initiative aimed at generating income that will…
8 Things You Should Know This Morning
1. Kenya Clears KES 4.4 Billion Arrears at The UN Kenya has entered the United Nations roll of honour after being named as one of the UN member states which have cleared all their outstanding dues. Out of 193 countries, only 31 were fully…
The Stock Market Today
The performance of the Nairobi Securities Exchange was the best the year has seen yet. The NSE 20 Share Index performance was up 2.92 points to close at 4032.41. The All-Share Index performance was also up 0.13 points to close at 88.02 HIGHEST VOLUMES…
Engineering Students to Get KES 200,000 in Damages
Over ten thousand ‘ex-comrades’ whom the Engineering Registration Board (ERB) has failed to enroll will at least ‘have their backs scratched’, as they will be awarded KES 200,000 each. Justice David Majanja ordered the board on Monday to pay general damages estimated at KES 2 billion to each of the…
Orange Increases Bundle Prices
Orange Kenya has increased the prices of its weekly Internet Everywhere 3G+ bundle and its daily mobile subscription in its recent bundle realignment move. Orange adjusted Internet Everywhere 3G+ prices upward for the 7 days unlimited bundle to KES 1,200 from KES 990. The company…
Cheap Air Travel Coming To Kenya
Hopes for cheaper flights locally and regionally seems to be materializing with introduction of several low budget carriers in the country and the Eastern Africa region. Early last month FastJest announced that it would set base in Dar es Salaam, Tanzania. The first flights are scheduled…
Renewing Your Driving Licence Via Mobile Money
Soon, you will be able to pay for renewal of your driving licenses using mobile money platforms. The Kenya Revenue Authority (KRA) is currently working on the platform that will pave way for the implementation of the service that will aim to boost convenience while reducing…
8 Things You Should Know This Morning
1. Petrol Prices Driven up by Suspect Deal A flawed tendering process which led to overpricing of freight charges could have led to Kenyans paying a higher price for their petrol.While the industry average for importation of crude oil has been $0.90 per barrel,…
Check on Your HELB Via SMS
The Higher Education Loans Board (HELB) has rolled out an SMS enquiry system that will enable you make simple inquiries about HELB services. The new service will require one to simple create a new message with a key word corresponding with the matching query followed by hash(#), then the…
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