NSE brings six banks on board ahead of derivatives market launch The Nairobi Securities Exchange (NSE) has signed up six commercial banks to act as clearing members ahead of the upcoming trade in derivatives. NSE said the banks have been brought on to handle the Central…

Micro loans have been made easier by mobile phone platform innovations with companies loaning up to KES 100,000 payable in 30 days.

The last few days to payday have been a mystery for many people since the invention of monthly salary systems. We have read thousands, if not millions of essays on how to survive these days. Budgeting advise is probably one of the most read pieces of advise the…

Everyone's been talking about it. It's M-Shwari this, and M-Shwari that. But what does the fine print say?

Safaricom Ltd is launching a mobile money based credit scheme, M-Shwari, a product that will allow M-Pesa subscribers to save and borrow money using their phones. This new product will mainly target micro-savers and borrowers. It will enable users to open a mobile bank accounts, into which they can deposit as low as KES 1