First country The free plan, which was launched on the local market in September 2021, was hailed as a groundbreaking move by the service provider that made Kenya the first country worldwide to enjoy such a provision. The plan allowed users to access a limited selection of...
Insurance firm Sanlam Kenya narrowed its net loss to Sh287.7 million in the half year ended June on the back of a lower tax bill and reduced expenses. The company had posted a net loss of Sh291.8 million a year earlier. Sanlam’s tax expenses collapsed to Sh2.8 million fro...
The biggest price cut is on the basic package which has dropped by up to Sh100 on the new Kenya shilling billing. Netflix is, however, yet to adopt the preferred mobile money payment model, requiring a PayPal account, debit card or a credit card. Its main ...
Kenya, as an example, submitted its updated NDC on 27 December last year, which clearly showed the government’s drive towards fighting climate change. The NDC committed to cut emissions by 32 percent compared to the initial one that committed 30 percent. Kenyas’ updated NDC is being ...
The latest Central Bank of Kenya data, for example, put the value of cash handled by mobile money agents at Sh7.811 trillion for the year ended June, a 4.97 percent growth over Sh7.441 trillion in the prior year. The taxes are based on fees charged by the mobile network operators rat...
6. Open a money market fund account:Most money market funds available in Kenya have made account opening easy through online registrations. 7.Automate contributions:Most money market funds allow you to set up automated contributions to your money market fund account. Automating ...
Standard Chartered Bank Kenya has reported a 46.7 percent jump in net profit for the nine months to September.
The results by the two lenders mirror the Central Bank of Kenya (CBK) indicators that show commercial lenders recorded a rise in earnings last year. Kenyan banks’ total pre-tax profits hit a record high of Sh152.3 billion last year, surpassing the previous earnings peak reported before the ...
“We went to the Democratic Party first, but they wouldn’t pay us. The Republicans did,” she admits. Kenya, Tanzania to start cross-border electricity trade on Wednesday PRIMEWin for French firm in JKIA satellite installation dispute