Chase Bank Unveils Tuk Tuk Financing Plan
Chase Bank Kenya has unveiled a plan for potential Tuk Tuk (Tri-cycle) owners access financing to purchase new Tuk Tuks through Chase Iman, a Shariah compliant banking system. The product, Chase bank says, aims at empowering the youth and women in business by enabling…
The Stock Market Today
The positive trend was today maintained in the Nairobi Securities Exchange on both indices. The NSE 20 Share Index performance was up 10.52 points to close at 4034.07 and the All-Share Index performance was up 0.28 points to close at 89.13 HIGHEST VOLUMES After being the…
Government to Regulate Low-Cost Insurance Schemes
The Internal Revenue Authority (IRA) has unveiled plans for a new policy to safeguard service delivery in the micro-insurance sector. According to the Authority, a statutory government agency under CAP 487 of the Laws of Kenya, the initiative will ensure that low income earners…
Manage Your StarTimes Account from Your Phone
StarTimes have unveiled a new service that allows its subscribers to manage their StarTimes account from their phone. By dialing *858# StarTimes subscribers can check: Check their account balance Instantly activate their decoder Activate their Mobile TV Upgrade their bouquet. The service costs KES…
Filing Your KRA Tax Returns
Every individual in Kenya chargeable to tax is required to furnish to the commissioner a return of income, including a self assessment of their tax from all sources of income, not later than 30th June for any year of income . This is provided under sec. 52B of the…
How SACCOs Work
A Savings And Credit Co-Operative (SACCO) is an association of like minded individuals, registered under the Ministry of Ministry of Cooperative Development & Marketing in Kenya, and authorized to take deposits from and lend to it’s members. SACCOs are governed by the SACCO bylaws which state the…
Numbers Don't Lie: October Week 3 [Infographic]
Numbers Don’t Lie: October Week #3…
The BlackBerry Internet Service Plan Faceoff
“I have a little bit of an addiction to work. So I’m always hiding in the bathroom with my BlackBerry to work when I’m on holiday.” – Penelope Cruz If you are looking for a phone that will boost your productivity by allowing you to stay on top of your…
The Stocks We Are Watching Today
The securities exchange closed at 4023.55 yesterday, an increase from Wednesday’s performance on both indices. We shall be focusing today on Safaricom Ltd, Uchumi Supermarket and Kenya Airways. A summary of yesterday’s trading activities can be found here. COUNTERS Safaricom Ltd – The…
Can Redesigned Traffic Flow Make Roundabouts in Kenya Less Painful?
Joining a roundabout while other vehicles are using it might lead to a circular wait, where you block a motorist who was taking the next exit, who in turns blocks a motorist who was taking the exit that you came in through and who in turns block other motorists (probably who were taking your exit) who now blocks you.
Talk about circular logic, Maybe roundabouts should just be eliminated altogether.
8 Things You Should Know this Morning
1. Court Extends Order Halting New NHIF Rates The push by the National Hospital Insurance Fund (NHIF) to effect new medical care rates suffered a fresh blow after a court extended an order stopping its implementation. The High Court has extended an order granted to…
The Stock Market Today
The performance of the Nairobi Securities Exchange was better today having edged up in general. The NSE 20 Share Index performance was up 9.52 points to close at 4023.55 while the All-Share Index performance was up 0.35 points to close at 88.85 HIGHEST VOLUMES For the…
Second Diaspora SACCO Launched
The Kenya USA Diaspora SACCO was officially launched last evening at the ongoing 2012 Kenya Diaspora Conference – USA in Arlington, Virginia.This is the second Diaspora SACCO established after the Co-operative Development ministry registered Kenya Diaspora SACCO in April this year. Kenya Diaspora SACCO is the first Sacco…
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