Leading telecommunications giant Safaricom has announced that it made a loss of Sh. 314 million in its M-Pesa Africa business. M-Pesa Africa is a joint venture that the firm runs in partnership with Vodacom. This loss was realized in...
Single Rentals: In urban areas, developers of single-room houses have been gaining better returns and demand compared to two-bedroom flats and three-bedroom maisonette. The the average cost of the small units crossed the Sh.4, 000 four years ago and...
NHIF Payments in Kenya: The government is set to introduce new health reforms that will see every household in Kenya pay a mandatory annual health coverage fee of Sh. 6,000.
This has been revealed by the cabinet secretary for the...
Nginyo Kariuki Wealth: Children of the late billionaire Lawrence Nginyo Kariuki are rocked in a bitter fight over the control of a Sh. 4 billion estate left behind by their father.
The fight has seen James Anthony Kariuki and his...
KCB BPR BancABC Acquisition: KCB Group is now set to buyout two banks in Rwanda and Tanzania. This is after the lender's shareholders approved the proposal to acquire up to 100 per cent of the issued ordinary shares in Banque...
Gakuyo Land Deals: The government is staring at a multi-million loss after acquiring land from a company that is linked to controversial preacher and land seller David Ngari alias Gakuyo.
According to media reports, the government through the County Government...
Kidero Net Worth: Former Nairobi Governor Evans Kidero blew Sh. 418 million within months in an attempt to get re-elected as the Governor of Nairobi.
According to a breakdown of the spending that was published in a local daily from...
Self-made Millionaire in Kenya: According to self-made millionaire and bestselling author David Bach, there's "one, proven,easy way to get rich:" Pay yourself first.
What that means is simple, Bach writes in "The Automatic Millionaire": "When you earn a dollar, the...
Salary Account: Did you know that by opening a salary account you can access loans of up to half a million shillings? Well, this is possible. Not everywhere, but at a bank that cares for you. That bank is...
In April this year, oil dealers were expected to hike fuel prices in Kenya to a historic high. A brief from the energy regulator had indicated that petrol will increase by Sh. 4.30 to Sh. 127.11 per litre in...
