Okoa Jahazi is a service by Safaricom that lets you access airtime on credit and pay later. Considering the fact that most of us have at one point desperately needed airtime but were unable to purchase some due to one reason or the other, this service is helpful…
1. Security Firms Making a Killing in Piracy Fight According to Pirates and Privateers: Managing the Indian Ocean’s Private Security Boom, released recently, sheds light on the involvement of the security companies in fighting the sea crime.They charge between $5,000 (Sh400,000) and $20,000 (Sh1.6 million) per…
Halfway through the month, most guys tend to be broke by now. No matter how much they earn, it somehow isn’t enough to push them till the end of the month. Money Problems Money Solutions, an online personal finance site have identified a solution to this:…
The Kenya Revenue Authority (KRA) is working on a plan to ensure speedy clearance of goods in the region. Once in place, the Authorised Economic Operator (AEO) system is expected to eliminate delays of clearance and delivery of imports. According to the Kenya…
You may soon say goodbye to long queues in public offices as the government makes plans to introduce convenient civilian service centers across the country. The government has decided to improve service delivery in the public sector. According to the Cabinet, the government plans…
Kenyan importers and investors in neighboring Uganda and Rwanda have decreed an increased cost of doing business. This follows the Kenya Revenue Authority (KRA) announcing that all goods passing through the Mombasa Port should will pay cash bonds. The cash bonds will be expected to be equal to the…
As the last quarter of the year approaches, the realization of cheaper flights edges closer to being a reality in Kenya. Earlier on today FastJest announced their first operating base would be in Dar es Salaam, Tanzania. The first flights are scheduled for the month of November and will see…
There are 18,987 million money transfer subscriptions(March), 45,861 active mobile transfer service agents and a total deposit of KES 185.4 billion handled, in the period between January to March 2012, within the mobile money transfer service.
With unemployment in Kenya at a drastic 40% we need those jobs. We need our companies to expand. We need some bank to open a branch somewhere in Turkana so it can employ people there and so our Gross Domestic Product (GDP) can look halfway decent.
The recent fuel price review saw the cost of fuel rise, ending a 3 month price ease. The retail price of diesel in Nairobi crossed the KES 100 mark to retail at KES 101.07 from KES 97.08 while super petrol and kerosene now retail at KES…