Safaricom‘s plan for its customers visiting Rwanda from this October to make local calls at KES 10 a minute have hit a snag. The Rwandan government has imposed a 30% tax on cross-border call charges in what appears to be backtracking on a…

Ebola now threatens relations between African countrues as illustrated below. The government of Kenya has expressed profound apologies and regrets for denying several Liberian students entry into the country to continue their academic studies. Kenya’s expression of commiseration of the action stemmed from Foreign Minister Augustine Ngafuan’s expression of concern…

The poor invest in airtime to grow income, says study Many of Kenya’s poor would rather go hungry and walk to work than be short of airtime, according to a study commissioned by the World Bank. The preference reflects the changes in spending…

Your income must be more than your expenditure is the rule of thumb in business. But how do you make sure that you follow this rule?

Masters in Business Administration (MBA) is not just an acknowledgement of mastery of business. It is a means of professional development that lays emphasis on real-life application of business theories. Many students rush to apply for it right after completing their undergraduate course, while those in the workplace use it…

Intellectual property (IP), words that were heavily used in 2012 since the fight between Samsung Electronics Co. and Apple Inc. heated up. The matter of IP has also hit Kenya, the most recent being the patent battle between Safaricom and Faulu Kenya over their idea of mobile banking that…

The Central Bank has lowered its base lending rate to 9.5% from 11% with statistics showing dwindling inflation rates currently at 3.20%

A bond is an instrument through which a government or corporate body can borrow money from the public with a promise to reimburse the investor. The money is borrowed for a fixed period of time and compensation made at a fixed interest rate. How Do They Work? An offer…

The Kenya Revenue Authority (KRA) will soon be rolling out an online system for the administration of domestic taxes in a bid to expand it’s revenue collection. The system which is set to be fully launched by June 2013 is currently being piloted in 120 companies, including large…

“Price is what you pay; value is what you get. Whether we’re talking about socks or stocks” – Warren Buffet. January is the time of year when savings and investment opportunities are briskly sought after. A major obstacle to this is financial resources. Where will you get the…