Saturday, May 15, 2021
Kenya has approximately 475,000 people who have a net worth of $20,000 (Ksh2.2 million) and above, a recent report by Knight Frank has revealed. The report, whose findings were published on Bloomberg, says that only...
Households are feeling the pinch of higher energy costs following an increase in the average price of a 13-kilogramme cylinder of liquefied petroleum gas (LPG) by more than Sh100 since December.A 13-kilogramme gas cylinder at Rubis is...
Safaricom is reducing M-PESA "Send Money" Rates by up to 45% for more than 90% of Customer Transactions, effective 1st January, 2021.It also announced end of the waiver on free cash transfers below Ksh.1000 on January...
There is nothing like a small debt in Kenya.If you get some loan and default,your name is forwarded to Credit Reference Bureau (CRB) for blacklisting. The law allows lenders to submit names of individuals with any Non-Performing...
KCB wins banks fight for ex-Nakumatt CEO assets with three other banks seeking to auction a prime property belonging to the CEO of fallen retail giant Nakumatt, Atul Shah, over a Sh2 billion debt.
It will now be easier for safaricom users as all M-Pesa services have now been consolidated in a single short-code menu to ease access for non-smartphone users. Customers...
Motorists using the Thika superhighway this morning were stuck in traffic after a section of the road was closed to help put up the footbridge located at Garden city Mall. The Kenya...
Local retailer Tuskys Supermarket suffered another blow after auctioneers locked its doors at the Kisumu branch,leaving shoppers shocked as they were forced to leave the supermarket.The supermarket is located on the Kisumu-Kakamega highway.
Ncba and Safaricom have raised the minimum loan on the mobile lending platform M-Shwari four times to Sh2,000 in a move expected to reduce defaults largely by borrowers taking smaller amounts of money.
23 Die of Covid-19, highest in Kenya Kenya Tanzania flights resume as Transport CS Macharia confirms of settling dispute Kenya's Transport Cabinet Secretary Macharia has confirmed indeed that there was a...

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