Tax Matters IV
See tax matters one, two and three. Corporation Taxes Corporation taxes are forms of income taxes that are levied on corporate bodies such as limited companies, trusts and co-operatives. In Kenya, Corporation taxes contribute 99% of the total…
8 Things You Should Know This Morning
1. Tangaza goes After MPesa’s throne Tangaza is an independent money transfer service that allows you to send money across all the network at a standard rate of KSh 30, though again Yu Cash proves to have the most affordable rates as compared to the rest with zero…
The Mobile Phone Journey in Kenya
Back in the late 1990s and early 2000, if you said one day 3 in every 4 Kenyans would own a mobile phone you'd probably be mocked all the way to mars. Yet they do. So what exactly was the price of phones then and now?
KCB Reduces Lending Rates
KCB Bank Group has announced that it will be lowering its base rates effective 1st October 2012. The bank will lower its base lending rates to 19% down from 22%. This comes a week after the Central Bank of Kenya lowered its…
Closing Bell – 10th September
A summary of share trading activity at the NSE today
Land Titles as Security: A Step by Step Guide
You approach your lender of choice and they insist on security. You have a piece of land you are willing to offer as security or have someone who would agree for you to borrow against their land; well here’s a guide on the steps you are likely to follow
Standard Chartered Unveils 'Platinum Credit Card'
Standard Chartered Bank has unveiled a new value added credit card dubbed Platinum Credit Card in Kenya. The card which is a Visa card allows holders to make purchases and payments for goods and services on credit all over the world. The card comes with…
Made in the Market: John Paulson – He Bet Against the Boom
John Paulson bet against the booming American housing market and won
Out With the Old Crew, Says KQ
Kenya Airways (KQ) plans to recruit a new pool of crew members as it launches Jambo Jet, its very own low cost airline. The courier plans to officially unveil the proposed service pending a decision by the Kenya Civic Aviation Authority (KCAA). Kenyans…
Elections and Your Finances
A democracy is arguably the best form of government humanity has come to agree with. To date, a people of every other form of government globally fight towards achieving a democracy. Our nation is gifted with one and it is something we pride ourselves with, even with all…
Give the Poor Man a Cheaper Housing Loan
Kenya has a population of about 41 million. If you disregard people below the age of 18, retirees and the self-employed, this leaves about 2 million people in the formal sector who need a house of sorts.
State of The Kenyan Consumer: What's Your Plight?
Consumer Unity and Trust Society (CUTS) Nairobi in conjunction with Akiba Uhaki Foundation recently did a study on consumer protection in Kenya. They were trying to find out exactly what hits the Kenyan consumer hardest. Here's what they found out.
Signs For Cheaper Loans as CFC Lowers Rate
After the Central Banks move to lower base lending rates last week, commercial banks have started lowering their rates in a move that would see borrowers access cheaper loans in the near future. CFC Stanbic Bank has announced that it will be lowering its lending…
Riara and Pioneer Universities;New Kids in the Block
The Commission for Higher Education (CHE) on Friday 7th September 2012 issued letters of interim authority to Riara University and Pioneer International University. This will allow the two new private universities to offer degree programs in Kenya. The letters of interim authority will allow the two institutions…
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