Financial Aspects That Define a Gentleman
Are you a Gentleman? Find out how a Gentleman behaves when it comes to money.
Battle of the Mobile Money Transfer Service (Updated)
With all the four mobile service providers now allowing you to send money across networks, and each claiming to have the most affordable money transfer rates, I embarked to find out who among the four is indeed more affordable as compared to the rest Below is a comparison of the…
Equity Bank FY 2011 Earnings compared to its peers
See how Equity Bank earnings with its peer banks. Post by Davis Mika at Contrarian Investing Kenya
What Are All Those Charges on Your KPLC Bill?
Forex Adjustment, ERC Levy, Fixed Charges, Consumption charge.....what are all these charges that make it onto my bill? What are they for? We look at the KPLC bill in detail, telling you where your money actually goes
British American Revamps Its Branch Network
British American has revamped its network of branches by refurbishing and expanding 8 branches and opening additional 4 new ones in the country. This aggressive branch expansion exercise is part of the company’s expansion plans and a fulfillment of its ambition to taking insurance and asset management closer…
Understanding The Prepaid Electricity Meter System
When they were introduced, it was expected that the prepaid electricity meters from KPLC would be a relief given the many problems associated with postpaid meters. The postpaid system had been blamed for not returning accounts deposits, consumers having no control over their consumption, unpleasant disconnection,…
Understanding the CBK's Monetary Policy stuff
Does the phrase 'CBK's MPC retains CBR' sound like Greek to you? Here's how to make sense of what the Central Bank of Kenya is on about when they talk of monetary policy
CBK Retains Rate at 18%
The Central Bank of Kenya Monetary Policy Committee (MPC) retained the Central Bank Rate (CBR), the price at which the CBK lends money overnight to commercial banks, at 18 per cent, via a statement released by the CBK. The MPC noted that the hike of the the CBR and other actions…
Understanding Your Postpaid Electricity Bill
It’s no secret that your final electricity bill is highly dependent on the number of units you consume per month; this is because most of the levies charged are computed against the units. Below is a step by step analysis of a post paid electricity bill.
Outsmarting MPESA's new rates
Last week, we carried the news of Safaricom’s new MPESA rate and posed the question whether the new rates were more expensive. The general consensus was that they were, but a few people appreciated the lower limits,…
Measures to Deal with Inflation Paying Off
The government’s decision to cut down on the politicking and instead team up with the private sector to combat inflation seems to be paying off. As recently observed the shilling appears to be stabilizing fairly well, and seems to be growing stronger every day. We say this in…
Ecobank opens Karen Branch
Karen, Nairobi is now home to Ecobank’s 24th branch after the bank opened a new branch at the Karen Office Park. Residents and the Business Community within Karen and its environs can now access a wide range of the Ecobank’s products and services such as credit…
Inflation declines to 16.92%
The government’s target of lowering inflation to as low as 9% to 7% seems to be getting on track, this is as per the recently released Kenya Bureau of Statistics CPI and Inflation Rates February report. The report indicates that inflation rates have declined by 1.62 percentage…
Mistakes We Make When Already in Debt
“If you have debt I’m willing to bet that general clutter is a problem for you too.” — Suze Orman Being in debt in our 20s completely sucks because all of tomorrow’s income goes to yesterday’s purchases. It becomes even worse when debt begins…
KCB declares KES 15 Billion in pre-tax profit for 2011
Kenya Commercial Bank’s profit after tax rose by 53 per cent in 2011, rising from 9.8 Billion in 2010 to KES 15.1 Billion in 2011. The bulk of the earnings, KES 14B, was contributed by KCB bank wile its subsidiaries in Tanzania, Uganda, Rwanda and South Sudan contributed…
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