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Thursday, November 26, 2020

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What I know About Money: Caroline Muchina Tells Her Story.

What I know about Money: In this article, Caroline Muchina, the Ag. Corporations Secretary and Head of Legal services at Nursing Council of Kenya, an advocated of the high court, a Certified secretary, and an associate of the Kenya...

Pegasus Technologies Hack Sees MTN, Airtel and Stanbic Loss Ksh. 40 Millions

Pegasus Technologies, a company that deals with money transfer transactions in Uganda has been hacked. Reports reaching ShopaXo say that the hack began on Thursday, 1st of October 2020, and apparently went unnoticed until Saturday 3rd October 2020. Reports reaching us...

Why I Use Money Markets To Save

Saving in Money Markets: In this article, Joy Mathenge an event manager speaks of how she began her events planning business, what the Coronavirus pandemic taught her, and why she prefers to save her money in the money markets. The...

Safaricom Rolls Out New M-pesa USSD Code.

Safaricom, the giant mobile Company, has rolled out a new M-pesa USSD code that targets non-smartphone Mpesa users. The new code is *334#. The code consolidates all the services on a single easy to use Menu. This makes it easier...

Customers Seeking Ksh. 2000 and Below To Use M-Shwari

Anyone seeking loans of Ksh.2000.00 and below on M-shwari will no longer be able to get them. Instead, customers will now get such loans on the Safaricom's Fuliza platform. M-Shwari,  a platform owned by Safaricom and NCBA has been giving...

Safaricom Losses Up to 15.3 Billion in Transaction Fees

Safaricom has so far lost up to 15.3 billion shillings since March 2020 when it allowed users to send money below Ksh. 1000.00 without transaction fees. This is after Mpesa customers begun splitting huge amounts up to Ksh. 60000.00 to...

Safaricom launches Lipa Na Mpesa App for Businesses

Safaricom today has announced a Lipa na Mpesa app for businesses that will be used by over 170,000 merchants. Named “M-Pesa for Business, this app will be used by business owners to get in real-time statements, export reports, and...

Commercial Banks In Kenya; A Complete Guide

This is a complete list of commercial banks in Kenya. However, before we look at the list, it important to understand how banks are classified. The criteria of classifying banks is by ownership, nature, and the amount of assets that...

These Unregulated Mobile-Based Credit Lenders Won’t List You On CBR

The Central Bank of Kenya has officially banned unregulated mobile-based credit lenders from listing you on Credit reference Bureaus. This has been taken by CBK after numerous complaints from people that they are being listed for as little as...

Businesses begin Implementing 14% V.A.T Following Directive

Businesses have begun implementing 14% V.A.T on all goods and services in Kenya following a directive from the government last week.   In an effort to combat the effects of the COVID-19 in Kenya, President Kenyatta announced measures to protect Kenyans from the effects...

Latest News

Have You Ever Checked Your Car’s Safety Rating?

Car's safety ratings: Until the 1960s, a collision was not a concern in motor vehicle design. The notion was...

KenGen To Sell Power Direct To Consumers

KenGen is set to sell electricity directly to Kenyans. Kenyans could soon be able to buy electricity directly from Kengen once the regulations are...

Naivas Supermarket Occupies Nakumatt Lifestyle Space At Hazina Towers

Naivas Supermarket continues to benefit from woos faced by its competitors after taking up the space that was vacated by Nakumatt Holdings at Hazina...

Western Kenya Counties and Their Administrative Towns

Thanks to devolution, we now have several Western Kenya counties depending on how you look at them, either politically or geographically. These counties before...

Glovo To Expand To Kisumu and Eldoret

Residents of Kisumu and Eldoret will now get Glovo services after the company announced plans to get to the two cities. The delivery company has...
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