Are Your Financial Plans Balanced?
“Money frees you from doing things you dislike. Since I dislike doing nearly everything, money is handy”- Groucho Marx Having a financial plan is a sure avenue towards attaining financial freedom, but having a balanced financial plan is more important that having a mere financial plan.
Banking With M-PESA
M-PESA to bank is a service that links your bank account to M-PESA, giving you the convenience of easy banking without the need to physically visit a bank branch. You can deposit and withdraw cash from the comfort of your phone any day any time.
Want to Know Your Net Worth?
A survey by Forbes Magazine of the richest people in Africa ranked Deputy Prime Minister Uhuru Kenyatta 26th with a net worth of $500 million, approximately KES 42,480,000,000. Business tycoon Chris Kirubi was ranked 31 with a net worth of $300 million, approximately KES 25,488,000,000. So,…
Was Your Car Cleared By KRA?
About 1,000 car owners in the country will soon be required to pay taxes or have their vehicles impounded by the tax authority for having evaded the tax system. In a statement to Nation, Kenya Revenue Authority Officials said that the vehicles passed through a faulty system when the authority…
M-PESA Agent’s Withdrawal Rates V/S ATM’s Withdrawal Rates
M-PESA, Kenya’s leading money transfer service, has not only the widest network of agents country wide, but also more option’s when it comes to ATM withdrawal. M-PESA users have the option of withdrawing from the following ATM centers: PesaPoint ATM’s Equity Bank Branches ATM’s Diamond Trust…
ERC Doing Consumers More Harm Than Good?
Motorists queue for fuel at a petrol station. (Image: Capital FM) Ever since energy industry regulator Energy Regulatory Commission (ERC) took over price controls for fuel, the essential commodity has been on the high end of the cost list. On May 14th, the regulator increased the…
Competition Could Lead To Cheaper Credit
Bank loans could soon be cheaper due to competition (Photo: dobanafrica.com) The Central Bank of Kenya will soon have legal backing to publish rates offered by banks on loans and deposits. Amendments in the Finance Act, 2012, have authorised the regulator to publish the lending rates charged…
Make All Your Bank Transactions Through Your Phone
Are you tired of having to queue, wasting time at the bank to make simple transactions? Or do you wish you had easy access to your money during those emergency situations? Well, you can conduct all your bank transactions through your mobile phone without the need to visit…
Angukia Hao na Ecobank
Ecobank Kenya unveiled a promotion dubbed “Angukia Hao na Ecobank” targeting existing and potential Ecobank Savings and Current account holders. The promotion which started on 17th May 2012 is slated to run for 3 months and is aimed at encouraging savings culture, financial inclusiveness…
Samsung Extends Warranty to Two Years
Consumer electronics manufacturer, Samsung Electronics East Africa, has unveiled a two-year warranty support for its range of products and appliances. Dubbed the Samsung Smart Care 24 Month Warranty, Samsung Electronics will provide comprehensive service support across all its products for customers purchasing Samsung products from authorised…
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