Safaricom has launched a new product in the market, Fuliza ya Biashara, an overdraft facility for businesses. The new overdraft facility will allow companies to borrow up to Ksh. 400,000. In 2019, Safaricom introduced Fuliza; an overdraft mobile money. The product was
Azimio la Umoja leader Raila Odinga has taken the Kenya Kwanza government head-on, strongly opposing its proposed Finance Bill 2023, terming it as a mere punishment for Kenyans. While speaking at Jaramogi Oginga Odinga Foundation in Upper Hill, the opposition chief fumed
The number of Digital Lenders in Kenya has risen to 51 after Central Bank of Kenya (CBK) licensed 19 more firms to offer to offer digital credit services in Kenya. This would intensify competition in already flooded but lucrative industry market. In
(Bloomberg by Edward Ombok) Kenyan stocks are extending a selloff that’s taken the country’s benchmark index to the steepest losses in the world. The NSE’s all-share index posted the fourth consecutive quarter of decline in September, the longest stretch since 2017. KCB
Trade CS Moses Kuria vividly recounts moments that forced him to hide in Raila Odinga’s home after a police beating during the KANU era. On Thursday, 21st September 2023, while launching Industrial Park in Siaya County, the Trade Cabinet Secretary recounted how
The Finance Budget or Financial budgeting is the process of planning expenses and revenues for a given period of time. On 15th June 2023, Treasury Cabinet Secretary Prof. Njuguna Ndung’u, a former Central Bank Governor, tabled Kenya Kwanza’s first Finance Budget in
The Finance Bill is defined as the Bill that is strongly a representation of the Country’s Finances, about what is paid in amount and what is received. A finance bill aids in extracting the promise of payment for such a transaction, which
On May 5th, 2023, The National Treasury submitted The Finance Bill 2023 to the National Assembly for consideration and enactment into the Finance Act. The Bill comes months after a lot of speculations by taxpayers lobbying for bonuses associated with speeches full
Azimio la Umoja leader Raila Odinga has taken the Kenya Kwanza government head-on, strongly opposing its proposed Finance Bill 2023, terming it as a mere punishment for Kenyans. While speaking at Jaramogi Oginga Odinga Foundation in Upper Hill, the opposition chief fumed
Safaricom has launched a new product in the market, Fuliza ya Biashara, an overdraft facility for businesses. The new overdraft facility will allow companies to borrow up to Ksh. 400,000. In 2019, Safaricom introduced Fuliza; an overdraft mobile money. The product was
Speaking in Nairobi during Labour Day celebrations, on Monday, May 1, Azimio la Umoja One Kenya coalition leader Raila Odinga has indicated that the awaited May 2 protests will begin at 6 a.m. Raila has made the announcement despite the demonstrations being
Labour Day, what is it? Well, the first day of May (May 1), is a calendar date recognised globally as a holiday, given the name May Day or Worker’s Day or International Workers’ Day. A day to commemorate the historic struggles and