Dont Take Sweets for Change, Says CBK
There are sufficient coins in circulation, The Central Bank has assured, removing the need for supermarkets and shops giving customers sweets in place of coins for change on shopping.
Who's Who in Britam?
Britam is a Company Run by Chairmen, Presidents within the Financial sector, Chief Executives and Policy Makers. Find out who they are and what they do for one of the country's leading insurance and asset management firms.
Environmental Law and Business
Environmental law in the country has gradually evolved in recent years to the extent that it now has many implications on business. One of these is that there is now a legal requirement for certain business project to obtain an environmental impact license before proceeding with the project. Here's how you go about getting the license.
Diaspora Remittances Decline 2.4% In September
Diaspora remittances in the month of September declined by 2.4% attributed to lower remittances from the European region. The overall trend shows that remittances have been increasing over the months.
KES 27 Million Worth of Internet Connectivity for Kenya
Christmas is almost here and as you travel upcountry, some of you might not find it hard to navigate the cyberspace anymore. The Kenya ICT Board has set aside KES 27 million to set up digital villages, known as Pasha Centres, across the country…
International Oil Prices Drop, Shilling Depreciates, What Next For Fuel Prices?
The observed drop in international crude oil prices may result in a drop in fuel price, though weakening of the shilling could counter this drop and balance things out.
Why Konza City Could Work
It’s been widely covered by technology journalists, opinion writers, and bloggers. It’s Konza city, and this city will be at the centre of the “Silicon Savanna” concept - not so much location - that many have of Kenya at the moment. The real estate bubble is rather large already, and the booming ICT sector is fuelling it. KES 588 billion is an enormous sum to foot up for such an ambitious city.
Yet it just might work.
Express Kenya-Amadeus Deal Promises Cost-Effective Customer Service
Travel technology meets clearing and transport services when Amadeus partners with Express Kenya. The two firms have promised to make it more convenient for Kenyans to move cargo.
8 Things You Should Know This Morning
1. Equity Reports 58% Growth in Pre Tax Profit Equity Bank has reported a 58% in growth of profit before tax in its 3rd quarter result for the 3 months ending September 30th. The Bank reported a profit of KES 10.9 Billion in the 3rd quarter…
Equity Bank vs Kenya Airways: Corporate Action Consequences
Performance in the Nairobi Securities Exchange was generally down after a feisty start to the day. The NSE 20-Share Index closed at 4113.96, down 0.56 points from yesterday. The All-share index followed suite closing at 91.36, down 0.08 points from yesterday. This basically means that the combined performance of gains…
3 Steps in Creating That Perfect Budget
A budget is a necessary evil. You can’t effectively manage your finances without one. Having said this, sticking to a budget is another issue. Most of us find ourselves constantly deviating from our budget with the problem probably lying in our spending’s, but then again you might have formulated a budget that doesn't quite cover your financial obligations effectively. Here's a simple 1,2,3 of creating a budget.
Excess-Free Motor Insurance
Kenya Orient promises no excess charges on material damage claims.
Equity Reports 58% Growth in Pretax Profit
Equity Bank has announced a profit before tax increase of 58% netting KES 10.9 billion in the 3rd quarter riding on high customer deposits and low interest paid on deposits.
76% of Kenyans Understand the Importance of Saving Their Money
Latest MasterCard survey reveals that 76% of Kenyans commit to increase their savings in the following 6 months mainly motivated by unforeseen emergency expenditure. Only 46% have calculated the total amount that they would need to retire with in order to maintain their lifestyle after retirement.
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