FINANCE

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, 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...

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, 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...

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 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 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...

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...

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 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...