Kenyans have saved over Sh. 1.7 trillion in bank current accounts. This is according to the latest date by the Central Bank of Kenya (CBK).
The data shows that savings in current accounts in the first seven months of 2023...
Kenya Power has announced a Sh. 3.19 billion full year net loss for the period ended June 2023.
This is a huge crash from the Sh. 3.26 billion net loss the company posted in the previous full year.
Kenya Power blamed...
Tanzania has overtaken Kenya as the best place to invest for the next two years in the region. This is according to a survey by the auditing and advisory firm KPMG.
The survey was on 150 C-suite level and senior...
The Absa Bank Kenya has increased the transaction limit on its Timiza mobile wallet from Sh. 150,000 to Sh. 250,000.
The increase on Timiza limit comes hot in the heels of similar transaction limit increases by Safaricom and Airtel Kenya.
According...
Catalytic Converter Theft: An important point to note is that, what is stolen from the exhaust pipe is the Catalytic Converter and not the muffler. The muffler is a different part of the exhaust.
So what is a catalytic converter?
Well,...
Fuel prices in Kenya have risen to yet another historic high. The government of President William Ruto has now increased the price of super petrol by Sh. 5.72 per litre, diesel by Sh. 4.48 and kerosene by Sh. 2.45...
Kenyans seeking to access premium banking services at the Standard Chartered Bank now need to have a minimum balance of Sh. 4 million, monthly deposits of Sh. 4 million or a mortgage of Sh. 12 million.
Customers seeking these services...
Centum Investments has sold tier three lender Sidian Bank. The lender has been sold to local businesses and firms based in the United Arab Emirates (UAE) in a move that has seen Centum Investments lose its controlling stake.
Centum has...
Ninety percent of start-ups fail, some for reasons which were completely avoidable, others because of a lack of confidence, preparation or understanding of what was needed to be successful.
I have experienced some of that failure myself. Afterward, there is...
Black spots on Kenyan roads: Below is a list of the black spots in the country to watch out for while you travel:
Nairobi
1 Pangani area on Thika Road.
2 Kasarani-GSU stretch on Thika Road.
3 Kenyatta University on Thika Road.
4 Westlands-Kabete...
