Financial sector regulatory authorities could soon be operating together should proposals by Finance Minister Njeru Githae be adopted. The minister proposes to have Insurance, capital markets and retirement benefits regulators work together to “strengthen the supervisory capacity, safeguard stability and enhance efficiency of the regulators” “The Government will shortly commence…

The ongoing road expansion and improvement projects in Nairobi and around the country is a welcome move for many road users. The Thika Superhighway improvement project has attracted many Nairobi residents to move t0 estates along the road. The road, which was known for notorious traffic jams during rush hour…

We spend money that we do not have, on things we do not need, to impress people who do not care. - Will Smith

As of this morning you can buy a standard DStv decoder for KES 4,500, down from KES 5,999. After buying the decoder you will then choose a channel bouquet of your choice. Let’s break down how much you will actually pay when you buy the decoder…

Image source: FILE     Image source: FILE   Kenya Airways shares traded the highest with 3.94 million shares exchanging hands. The share price dipped 10 cents (-0.75%) to close at KES 13.20. Safaricom came in second with 3.43 million shares…

“Angukia Hao na Ecobank”, a deposit mobilization campaign by Ecobank has entered its first leg. The bank will tomorrow, Friday 22nd June 2012 conduct the 1st mini draw winners’ award ceremony with the grand draw two months away. Angukia hao Promotion is targeting existing and potential…

The latest World Bank economic report on Kenya states that Kenya’s economy is gradually recovering from last year’s shock and is expected to grow at 5 percent in 2012. The report though notes that the economy remains vulnerable to domestic and shocks that may reduce growth to 4.1…

Kenya Petroleum Refineries Ltd (KPRL) will start importing its own crude for processing beginning July this year. This is after the Mombasa based refinery was given a Ksh. 21.2 billion loan from Standard Chartered Plc. KPRL which has been refining petroleum products on behalf of marketers will…

Banks are finally realizing the benefits of agent banking, with NIC and Family Bank being the latest entrant in the agent banking sector. Agent banking is a form of business conducted by an agent on behalf of a bank. Agent banking came into place following the…

Mobile operator Orange Mobile Kenya has introduced the first 3G Wi-Fi broadband internet sharing service in the country. This is the first Wi-Fi 3G enabled device with a billing interface to enable easy sharing of the wireless network with peers.  The wireless router which will use an Orange…