Dive into our Finance section for savvy tips, insightful articles, and the latest trends in money management. Whether you’re budgeting, investing, or seeking financial freedom, we’ve got the tools and advice you need to thrive in Nairobi’s dynamic economy. Empower your financial journey with us!
Standard Chartered Bank Kenya Limited was established in 1911 with the first branch opened in Mombasa Treasury Square. The Bank is listed on the Nairobi Securities Exchange. Standard Chartered is one of the leading banks in Kenya, with a wide network of branches across the country. Each of these branches is identified by a unique … Read more
Most age groups and ability levels can participate in a variety of side hustles. For example, inputting data or selling secondhand clothing on the internet. Continue reading or skip to the next age group to see which side gigs strike your attention. You can simply ways make money from home by doing the following. 1. … 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
Reasons You Should Avoid Lipa Mdogo Mdogo Phones At All Costs
How You Can Send Money Across the Globe Through M-Pesa Global Pay
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
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
Money Market Funds (MMFs) are currently one of the most popular investment vehicles in Kenya. This is because they invest in highly liquid securities like cash equivalents, government securities and highly-rated debt-based securities therefore having a high degree of safety. They also offer relatively high returns to investors than traditional savings accounts. Structure A Money Market … Read more
Money Market Fund (MMFs) are a great investment for small investors as well as large investors. They usually have low entry requirements, making them accessible to many people. When calculating your Money Market Fund returns, there are three things you should understand. You can easily find this information through your fund provider, especially if you … Read more
A growing number of savings and credit cooperative societies (Saccos) are blocking members from exiting and clinging to their deposits against their will, complaints filed with the Competition Authority of Kenya (CAK) show. Records show that in the year ended June 2023, the watchdog handled at least eight cases where Saccos had declined to release … Read more
Standard Chartered has made it very easy for all their customers to recharge their bank accounts through Mobile Money, MPESA using their Paybill Number. If you want to transfer your money from M-Pesa straight into your Standard Chartered bank account, below is how to do just that. Whenever you want to access your account, all you have … Read more
The Kenyan gambling industry is a major economic force if a recent report by the Kenya Revenue Authority (KRA), released in July 2023, is anything to go by. According to the taxman, online gaming sites and casinos with BCLB Gambling License rank up a record Ksh15.1 billion in betting Excise Duty and Withholding Tax when comparing collections … Read more
Students from poor backgrounds who have passed their KCPE exams can now proceed with their secondary education. This is all thanks to the Equity Wings to Fly scholarship program, which the Equity group and MasterCard foundation sponsor. If you need this program, submit your application through the Wings to Fly website using the following procedure. … Read more
Stake Kenya Sacco has two major branches, the Kehancha branch—the head office, and the Ntimaru branch. It also plans to open more branches as it expands across the country. Stake Kenya Savings and Credit Co-operative Society Limited was registered on 14th July 1994. The membership has since grown to over 4548 members drawn from across … Read more
Mpesa Fraudsters are becoming increasingly common, and as technology advances, fraudsters are constantly devising new schemes. As a result, it is critical to be aware of fraudulent activities and take appropriate precautions to protect yourself and others from becoming victims of Mpesa fraud. Here’s what you can do to report Mpesa fraudsters: 1. Contact Safaricom … Read more