The Consequences of Lying For Cheaper Insurance
Some times it's as simple as checking no in the box where you should have checked yes. Other times it is slightly more complicated. Whichever way it is lying before you get your insurance could get you in serious danger. Here's what's in the fine print
Central Bank Rate, What We Expect
The Central Bank of Kenya‘s Monetary Policy Committee will be meeting today for the first time since setting the bi-monthly meetings. The last time the committee met in June, they reviewed the Central Bank’s base lending rate downwards to 16.5% from 18%. The MPC cited…
What’s In Your Electricity Bill: Government Charges and Third Party Levies
Kenyans are more worried about the cost of power than anything else. We show exactly what is in your power bill and why sometimes it comes up a lot higher, or lower, than expected.
Stocks We Are Watching Today
The shares we will be closely observing in today's trading at the NSE
SACCO Loans and Bank Loans
The hard times of the past few years have been a blessing in disguise for many people in Kenya with more individuals becoming financially self aware. This in turn has raised awareness and need for people to keep themselves financially secure by saving and investing through different vehicles.
IRA Uses Driver Reward System to Avoid Insurance Fraud
The Insurance Regulatory Authority (IRA) has been using a reward system for the sake of reducing motor insurance fraud. In light of a series of losses made by the vehicle insurance industry, the Authority has decided to introduce a non claims discount for careful drivers.
Rights Issues: An NIC Walk through
Can't one shareholder just buy all the new shares and end up owning half on NIC Bank?
8 Things You Should Know This Morning
1. KQ sacks 150 employees in first phase of cuts Defying an order by the Prime Minister not to proceed with the restrenchment, Kenya Airways, has laid off 150 employees in the first phase of job cuts expected to see between 650 and 1500 people lose their jobs. The workers…
Affordable Retirement Plans, for Everyone
The NSSF Board of Trustees, along with the Federation of Kenya Employers (FKE), have decided to push for a bill which will cater for the retirement needs of every single Kenyan over the age of 18 years.
Closing Bell – 4th September
A summary of share trading activity at the stock market today
Kenya Needs More Education Loan Providers
Kenya has seen a growing demand for tertiary education, with a steady rise in enrolment and an increase in private universities to 21 in 2008 from 3 in 1985. And it doesn't seem like the education loan providers are growing fast enough
Making Saving Automatic
“Save a part of your income and begin now, for the man with a surplus controls circumstances and the man without a surplus is controlled by circumstances” – Henry Buckley Today’s 4th September, 2012, a few days after payday. With kids going back to…
Banking: Why You Need A Bank Account
What is Banking? Banking can be defined as the business activity that involves accepting, safekeeping and management of money by individuals or registered institutions, and then lending (selling the money as credit) to earn a profit from it. The history of banking…
What's in Your Electricity Bill: Kenya Power Charges
A recent study has shown that the cost of electricity currently at the forefront of the list when it comes to the worries of Kenyans. Why is this such a worry? A quick look into just what goes into your power bill, part two comes tomorrow.
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