While I handle about 30 inquiries from prospective business borrowers on a monthly basis, I have only managed to lend to 6 customers in the last one year. So, why the high decline rate? In this article, I will examine the broad areas your…
Social Security provider, National Social Security Fund (NSSF) has embarked on a re-branding exercise as part of NSSFs institutional transformation. The re-branding exercise started early this month with a series of internal communication activities to get the more than 1600 NSSF staff to embrace a…
Simply put, your variable costs may include your electricity bills, car maintenance costs, medical expenses, food expenses, just to mention a few. How do you budget for them? These bills may or may not come every month plus there costs fluctuate on a regular basis. How do you…
Prefab housesare structures that can be assembled piece by piece based on pre-set specifications. These structures function like a jig-saw puzzle, all you need to do is put the pieces together.
The City Council of Nairobi is no longer waiving rates on land for defaulters. Following a long campaign of waivers and extensions they finally decided to put their foot down. Chief Public Relations Officer Mr. Marube said that since the expiry of the August 31st 2012 deadline of operation clampdown,…
Safaricom recently unveiled a product dubbed: Smart Choice for a Smart Lifestyle that enables those who yearn to own a smart phone or tablet but can’t afford the price an opportunity to buy and pay for a device of their’s dreams in 12 monthly installments. In addition to…
Mobile operator yuMobile has today launched an Insurance scheme that gives a life and disability insurance cover for its pre-pay subscribers. Dubbed yuCover, the product is underwritten by Jubilee Insurance and powered by MicroEnsure. YuCover rewards yuMobile subscribers with…
The last week of August saw many unaudited financial statements printed in the newspapers for the various investment firms, attempting to beat the deadline. If one was to go by the brokerage commissions, it would confirm the reality of what many might have feared. Local investor participation in…
You can now send, receive and withdraw money using Airtel Money from any one of 465 Posta outlets across Kenya. This comes after Airtel Kenya and Posta Kenya signed a service agreement on Tuesday. Availing Airtel Money services at Posta outlets across…
The average price of Kenyan top grade of tea went down to KES 333.48 ($3.97) per kg at auction this week at the Mombasa-based Africa Tea Brokers (ATB). This is a drop from KES 336 ($4.00) per kg last week. This week, 105,421 packages were offered for sale of which 21.4% went unsold,…
Since the introduction of the Module II programme 10 years ago universities have been expanding to accommodate the new students. This has led to an increase in fees. So just how much do you have to choke up for a degree these days?