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
Foreign Affairs Cabinet Secretary Dr. Alfred Mutua on Thursday, April 27, made a trip to Spain. The trip saw him strike a development deal with the Spanish government, including the construction of an overpass on Ngong’s road. Details of CS Alfred Mutua’s
Nairobi Governor Johnson Sakaja has announced the scrapping of weekend parking fees in Nairobi CBD. Governor Sakaja’s proposal was made when he was speaking during the Finance Bill 2023 presentation attended by all his county chief officers on Thursday 27, 2023. When
The overall number of mobile lenders licensed to conduct business in Kenya stands at 32 as of today 27th April 2023. This is after the Central Bank of Kenya licensed 10 more digital lenders. Initially, only 22 Mobile Lenders had been licensed.
Construction Challenges are well-recognized to be difficult and complex tasks. There are several challenges that must be overcome from site preparation to project management and all in between to guarantee a positive conclusion. The top 5 building difficulties and solutions are discussed
The chairperson of the President’s Economic Advisory Council David Ndii has now said that President William Ruto’s government is shooting itself in the foot with extravagance, stressing his earlier statement while calling out his boss’s government for fakery public debates. David Ndii
Kenya’s economy is worse off today compared to the economy’s well-being during former president Mwai Kibaki’s tenure, according to the latest prosperity index. Kenya’s Economy has been pulled down by mounting public debts and reduced savings among its workforce plagued by job
Since the start of the conflict between Russia and Ukraine, Russia has been struck hard by a wave of sanctions and limitations. It appears that the Putin-led nation is elevating its ties to a few allies. The allies now want to create
For the first time since independence, Kenya’s government has been unable to pay civil servants on time, besides that the cost of living has been rocketing and the economic situation worsening. This raises the question in people’s minds, is Kenya going to