Biting the Hand that Treats You: Part 2
The doctors strike ended on Thursday. This part 2 of the narrative what happened, the arguments and the victors.
Mobile Money Transfers Grows 7000% in 5 Years
The number of mobile money transactions grew by 7000% over the 5 year period to December 2011. The amount transacted grew by 7073% to KES 1,169 billion in 2011 while the number of transaction in a year grew 7773% to 433 million in 2011 from 5.5 million in…
Smoking
About four years ago the Government banned the promotion of tobacco products via tv and radio ads in an effort to reduce the number of new smokers . They've increased sin tax. Australi have gone even further. It seems governments are going further and further to ensure that the people don't smoke.
The Stocks Market Today
The NSE 20 Share Index closed at 3975.79, a increase of 14.74 from yesterday’s points. The All-Share Index performance improved by 0.46 from yesterday’s 87.08 points to close at 87.54 HIGHEST VOLUMES Safaricom was the highest traded…
Global Food Prices Up by 1.4%
Latest data from Food and Agriculture Organization (FAO) of the United Nations shows that food prices around the world rose 1.4%( 3 points) to 216 points in September from 213 points in August. The rise reflected strengthening dairy and meat prices and more contained…
Agents, the Remaining Hurdle to Airtel Money’s Success
Airtel Kenya yesterday announced that they had done away with money transfer fees, allowing subscribers to send money within and across the network at no extra cost. This is a similar to what Yu Mobile offers its subscribers, an opportunity to send money across networks at no extra…
8 Excuses Your Landlord May Use to Raise Your Rent
Very few people actually like their landlords. For those who are living pay check to paycheck, extra rental fees can be a nightmare. Add to that, the fact that housing prices are subject to constant changes that can happen at the flick of a wrist. To…
More Kenyans Are Using Credit Cards
According to the Financial Stability Report 2011, the number of card users has increased with credit card usage exhibiting the biggest growth from 2010. “Payment cards industry continued to grow through 2011, with remarkable usage of Automated Teller Machines (ATMs) cards, credit & debit cards, and…
Insanely Expensive Stuff in the Kenya: The Jaguar XKR
KES 20 million could get you a 4 bedroom Deluxe villa – off Kiambu road, 4.9 million Safaricom shares – at a share price of KES 4.05, or a Jaguar XKR from CMC Motors showroom. Build as Jaguars’ most responsive, powerful, agile, and driver-focused production car, this…
Mobile Money Transfer Costs Could Go Up
The costs of carrying out mobile money transactions could be going up. This will come after a new tax proposal that was tabled to the parliament by Finance Minister Njeru Githae on Thursday 4 October 2012. The proposition seeks to subject mobile money transfer services to a 10% tax. The minister wants the…
NationHela Hits the Road in National Campaign
NationHela, an international money transfer service, will this weekend start its countrywide campaign. The campaign will comprise of a roadshow aimed at popularizing the product to every part of the country. The first roadshow will start on Saturday, 6th October 2012, at 8am in…
8 Things You Should Know this Morning
1. Vetting Board Denies any Plans to Defy Court The Judges and Magistrates Vetting Board on Thursday announced that it will not defy a court order that suspended the vetting exercise last week. The chairman of the board, Mr Sharad Rao said in a…
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