Highest-Paid Bank CEOs; In the financial year ended December 31, 2023, the banking sector in Kenya registered a growth of a pre-tax profit of 78.5 percent. The Central Bank of Kenya’s Bank Supervision Annual Report 2024 revealed the sector’s assets grew from KSh 5.4 trillion in December 2020 to KSh 6.0 trillion in December 2024, … Read more
In a detailed response to the 11 grounds tabled by Kibwezi West MP Mwengi Mutuse, Rigathi Gachagua companies played a key role in his impeachment, but Gachagua clarified that the legislator had not tabled any evidence to prove that the companies were involved in any graft schemes. He accused the lawmaker of orchestrating the plot … Read more
The idea – Lipa Mdogo Mdogo phones is that you can pay as little as 20 shillings a day and then you’re given a repayment plan up to a year. Safaricom’s goal, being the largest telecom company in Kenya, is to create an avenue where everyone can enjoy the benefits of the Internet. Hence, the … Read more
After being approved for a loan from PesaPap, Family Bank will require you to repay it within 30 calendar days from the disbursement date. As highlighted earlier, the PesaPap loan comes with an interest of 6.62 % per month. To access a loan from PesaPap, you must first open a PesaPap Wallet. To open a PesaPap Wallet, download the … Read more
Co-op Kwa Jirani agent is a service of the Co-operative Bank of Kenya. Co-op Kwa Jirani enables customers to carry out all banking transactions through an agent appointed by the bank. Co-operative Bank’s Agency Banking will mostly entail cash deposit taking, cash withdrawals, school fee payments, utility payments, balance inquiry, and mini-statements among others. One … Read more
Claim M-PESA Funds: Losing a loved one is never easy, and managing their financial matters can add an extra layer of difficulty during an already tough time. If your deceased relative had an M-PESA account, you might be wondering how to access any remaining funds. This guide will walk you through the necessary steps to … Read more
According to a shocking investigative report that was published by the Daily Nation on Thursday, August 15, this money heist took place on July 10, 2024. On that date, Equity Bank’s Internal Control Department detected a series of suspicious transactions in the bank’s salaries account. The transactions involved 47 withdrawals. These transactions involved money transfers … Read more
In the rolling hills and fertile plains of Kenya, where agriculture has long been the lifeblood of the economy, free-range chicken rearing is gaining popularity. This traditional method, known locally as Kienyeji chicken farming, is proving to be a financially rewarding venture for small-scale farmers across the country. Low Initial Investment One of the key … Read more
The Higher Education Financing (HEF) portal is now accepting HELB Loan Application for scholarships, bursaries, and loans for students entering universities. Government scholarships and loans are accessible for students enrolling in universities, starting from the academic year 2023/2024 onwards. Students who enrolled in university before 2024 can continue to use the previous government funding and HELB loan application … Read more
Peter Kuguru founded Kuguru Food Complex Limited, a top beverage manufacturer. He went on to have different subsidiaries including Softa Bottling Company, Caterers Milling Sanitary Pads and Diapers International, and Just Real Estate. KFCL is a family business founded by the family patriarch, Peter Kuguru. In 1988, Kuguru and his wife built up the company for … Read more
G4S security guards focus on delivering high-standard security services to customers on six continents, including Kenya. As a Security Guard working for G4S, you have a crucial responsibility to protect the people and assets of your clients. In this article, we will discuss the responsibilities, recruitment, and salary of G4S Security Guards. G4S Security Guards … Read more
The famous former Hilton Hotel is owned by International Hotels (Kenya) Limited, and the company has extended an invitation to interested parties to purchase a 59.42 percent interest in the property. The Kenya Development Corporation (KDC), which is the custodian of State shares in hotels and lodges, valued the government’s stake in the hotel at … Read more
Kenyans are scratching their heads over the lavish spending habits of Deputy Rigathi Gachagua’s office. Despite preaching the need for budget cuts in the government, they splurged a staggering Sh10 million on curtains. This raised eyebrows nationwide, especially as austerity measures were being emphasized. Adding to the intrigue, it’s been revealed that Gachagua’s office still … Read more
Kenya Revenue Authority (KRA) has made it easier for anyone who wants to check their KRA penalties to be able to do just that online, you can pay your KRA penalties easily by following the easy guide in this article. How to check all your KRA penalties and how you can pay your KRA penalties online or … Read more
Most times when you have applied for a KRA PIN, you will most likely get the PIN certificate sent directly to your email. However, along the way, you may lose access to your email or delete your emails. In this case, what do you do when you need to get your PIN certificate through the … Read more
