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KQ Partners with Korean Airline to Launch Flights to Seoul

Kenya Airways (KQ), has partnered with Korean Air to launch Code Share flights from Nairobi to Seoul. The country’s premier courier recently announced that there will be flights to South Korea’s capital, leaving Nairobi on Tuesdays, Thursdays and Saturdays. Flights from Seoul…
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Nakumatt to replace Smart Cards with MasterCard

Nakumatt Holdings, is set to introduce the multi-currency EMV MasterCard® PayPassTM Prepaid loyalty card to its one million plus Nakumatt Smart Card holders. In a deal firmed up earlier today in Dubai, Nakumatt’s partnership heralds the unveiling of the largest prepaid merchant agreement for…
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Bob Collymore Speaks Out on Mobile Money Taxes

Safaricom Limited CEO Bob Collymore has said that the  tax burden following the introduction of a 10% excise duty on Mobile money transfer  will have to be borne either by the company’s shareholders (of which Government represents 35%) or its customers. In an emailed statement to pesatalk, he said that there was…
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KWFT Partners with Samsung to Boost M-Banking for Women

Deposits taking microfinance institution, Kenya Women Finance Trust [KWFT DTM] in conjunction with consumer electronics firm, Samsung Electronics East Africa [SEEA] have entered a partnership to promote the uptake of mobile technology solutions among women. The joint programme by KWFT DTM and Samsung is…
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Is The Mobile Number Migration Coming To An End?

To promote effective competition in the mobile market segment, Communications Commission of Kenya (CCK), in April 2011, introduced the Mobile Number Portability (MNP), a service that allows mobile subscribers the flexibility and convenience of migrating to a mobile network of their choice yet still maintain their original mobile…
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Positive Trends in Mobile Money Transfer Sector

Latest statistics from Communications Commission of Kenya (CCK) show that the number of mobile money transfer subscriptions has grown by 2.73 percent to stand at 19.50 million during the period between April and June 2012 in comparison to 18.98 million recorded in the period between January to March…
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NCE Auctions to Be Done Every Two Weeks

Coffee auctions at the Nairobi Coffee Exchange (NCE) have been cut to be held every two weeks, contrary to the previous weekly basis, owing to low supply and depreciating stocks at the exchange. The volume of coffee offered for sale at the Nairobi Coffee Exchange (NCE)…
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Best Places to Work in Kenya

A survey carried out by Deloitte & Touche (‘Best Companies To Work For Survey 2012’) has revealed that East Africa Breweries Limited is so far the best company you can work for. Kenya Women Finance Trust (KWFT), a micro-finance firm came second. …
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Government Pushes for Transparency in the Insurance Sector

The Internal Revenue Authority (IRA) is making moves to ensure transparency and effective service delivery within the insurance sector. According to the Authority, the initiative will enable Kenyans to better understand their cover policies as well as enforce a more open system of information within the…
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8 Things You Should Know this Morning

1. Kibaki Rejects KES Billion MPs Bonus Package  President Kibaki on Tuesday night shattered the MPs dream of a Sh2 billion sweatheart send off when he declined to sanction the deal stating the country’s economy was unable to shoulder an extra financial burden. “The President objected to the amendment…
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