How Much You Can Borrow From Airtel Money Loan Service
Airtel Kenya and Faulu Kenya yesterday announced a partnership that would see Airtel Money customers’ access short term loans on their mobile phones via Airtel Money. Click here for more information. This service will enables users to access cash advances for emergencies…
Closing Bell 3 May 2012
A summary of the day's activities at the Nairobi Securities Exchange; 24 million Safaricom shares were traded in the day.
Drama at NHIF Over New Tariff Scheme
There was drama at National Hospital Insurance Fund (NHIF) headquarters today as board chairman Dr. Richard Muga asked NHIF chief executive Richard Kerich and four other managers to step aside. Hours later, the chairman of NHIF board announced that Dr. Kerich and the four had been sacked…
Airtel Money Subscribers to Access Short Term Loans From Their Phones
Airtel Kenya and Faulu Kenya have today entered into a partnership that would enable Airtel Money users access loans on their mobile phones via Airtel Money. This service dubbed ‘Faulu Airtel Kopa chapaa Service’ will provide short term credit and emergency advance,…
CFK to Petition Parliament Over Interest Rate Capping Bill
Consumer Federation of Kenya (CFK) secretary general Steven Mutoro has said that the federation will lobby for 150,000 signatures from all counties to petition parliament over failure to pass the Banking Amendment Act. This was an amendment in the Financial Bill 2011/2012 that sought to cap interest and…
Electricity Cost To Go Up
Electricity costs are bound to go up this July based on a new tariff that Kenya Power has adopted. The upward review was to be effected last year but the government shelved the plans in a move to shield consumers from the hard times in June…
Forex Trail – 3 May 2012
A glimpse of the forex movements over the last couple of days
Mobile Unlimited Data Plans You Can Subscribe To
Following the recent move by Safaricom to discontinue its unlimited data plan, Orange, Airtel and Yu Mobile are the only alternatives left when it comes to mobile unlimited data plan. Below is a comparison of their unlimited data bundles and internet speeds.
Stocks Watch – 3 May 2012
A sneak peek of what to look out for in today's trading at the NSE
'We Only Capped Speeds For The Unlimited Data Plan'
Following the recent move by Safaricom Limited to discontinue its unlimited data plan, subscribers can now enjoy normal internet speeds. The mobile service provider says it does not cap speeds for other bundles. @hustlers_heaven Hi. No, on the normal bundles, speeds are not capped.
Bharti Airtel Revenue Rises in Africa
Bharti Airtel Limited yesterday announced its audited consolidated IFRS results for the fourth quarter and year ended March 31, 2012. Revenue growth in the fourth quarter was fuelled by increased customer subscription and strong minutes growth in India. Despite a national strike for 9 days in…
MPC Expected to Maintain CBR
The Central Bank of Kenya’s Monetary Policy Committee (MPC) is expected to hold a meeting today. The Central Bank’s principal objective is the formulation and implementation of monetary policy directed to achieving and maintaining stability in the general level of prices. The aim is to achieve stable prices – that…
NHIF Stopped from Effecting New Tariffs
The National Hospital Insurance Fund (NHIF) has been directed to hold for sometime its plans to start deducting from workers contributions based on the new tariffs. (Read: New NHIF Tariff Takes Effect in June) Vice President Kalonzo Musyoka directed Labour minister John…
Hopes for Cheap Loans Dimming
Hopes for Kenyans to get cheaper loans are dimming further after parliament declined to pass the amendments to cap interest rates on loans in April. Borrowers are likely to be subjects of expensive loans for a long while as experts predict that The Central Bank of Kenya is likely…
Money does not Motivate the Creatives
Dan Pink, a renowned author, in his latest book Drive tackles the question of what motivates us to work. His counterintuitive research says that financial rewards do hinder our creativity. More money makes people less motivated to create, he says. There is of course an oversaturation…
1
