Its Cheaper To Pay Your Postpaid Electricity Bill Through Airtel Money and Yu Cash
It’s Cheaper to Pay Your Postpaid Electricity Bill through Airtel Money and Yu Cash M-Pesa recently revised their electricity pay bill rates upwards making it the most expensive electricity pay bill option in Kenya. Orange Money on the other hand has a standard rate of KES 30 for any amount…
Tweeting All The Way To The Bank
(This post is part of our ongoing research into Making Money on the Internet. Keep reading for more. ) Twitter, oh glorious Twitter. It’s home to the funniest of the funny, the sagiest of the sage. All served in bites of 140 characters. For…
The Cost of Going Digital
The ministry of Information is in talks with Treasury to ban importation of the analogue television sets by June this year. The move is aimed at effectively paving way for digital television sets as Kenya fast tracks the migration of its TV programming from…
Users Complaining Of M-Pesa Delays
There appears to have been a problem with M-Pesa systems since yesterday as most users have complained of not having received money sent to them through the service. By this morning the problem appeared to have been resolved though a few users are still experiencing long delays in their transactions.
NIC Bank to join the Agency Banking Wagon
On Wednesday, NIC Bank entered into an agency banking partnership agreement with Kenya Post Office Savings Bank (Postbank). This means that NIC Bank customers will be able to benefit from Postbank’s wider branch network of 97 as compared to NIC’s 20 branches. They will be able to make…
Equity Bank to give more loans to SMEs
Equity Bank Group announced that it has teamed up with the International Finance Corporation (IFC) to extend more loans to micro, small and medium size enterprises, agricultural projects and women entrepreneurs in the region at a press conference held at their headquarters on Wednesday 28th March 2012. The…
Chase Bank Kenya Makes KES 602M After Tax in 2011
Chase Bank has reported a 58 percent increase in profit after tax from KES 381 million in 2010 to 602 million in 2011. Corporate Social Responsibility has been very high on the Bank’s agenda following a donation of KES 30 million toward the…
M-Pesa Prepay Safari Card V/S Orange Money Visa Debit Card
M-Pesa and Orange Money have both expanded their money transfer services to include a visa debit card. M-Pesa has partnered with I&M Bank to expand the M-Pesa usage through offering the M-Pesa Prepay Safari Card, an…
Do You Trust Your Shopkeeper?
When was the last time you went to your local shop, bought bread and counted change? Has it ever crossed your mind that maybe the shopkeeper is making a killing out of your laxity? Say for instance, he notices that you do not confirm the change, and he decides to…
Lenders to Benefit from Accessible Borrowers' Information
Sharing of information about borrowers and their repayment habits has a significant impact on efficiency and expansion of the credit markets. Speaking at the launch of the second phase of the Credit Information Sharing (CIS) project, Central Bank of Kenya Governor…
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