Will SunKing revive branding wars in rural towns
The high upfront equipment cost often acts as a barrier preventing many Kenyan consumers from adopting solar energy.
Kenya Power leaves road to Bondo in darkness for three weeks
Last year, the government signed a $900 million power transmission deal with Adani Energy solutions to construct the 371 kilometers transmission line and five substations in eastern and western Kenya under a public private partnership model.
Family Bank lifts H1 profits 14 pc on state securities leverage
As a Group, our focus in the first half of the year has been on prudent financial management by strengthening our liquidity position while working on satisfying customer needs.
Absa posts 28pc profits on out-running costs
Absa Bank Kenya has reported an impressive 28.9 percent jump in net profits in a difficult half year of Kes10.7 billion after revenues outpaced rise in costs. The Pan African lender saw interest income rise by Kes7.1 billion which was enough to
Banks are changing corner shops business model
Across the country over 260,000 shops work as financial services agents with half of them garbed in monopolistic green of the giant telco Safaricom.
EP 3: Side hustle left me in debts
I had hired out my vehicle and the driver used to call me all the time to fix it. But when I retired and finally repossessed it, I was being stopped in all garages asking for their money
Crash in watermelon market leaves western farmers in the red
Watermelon popularity grew into Kenyan homes as slices of blood purifiers and aphrodisiac seeds.
EP 2: Don’t use pension to buy Kondele mowuok
Kondele Mowuok- are the matatus that ply Kisumu's main town service. For retirees, this cash business can seem like a logical venture to sink years of savings upon retirement.
Search for deposits in provincial towns draws banks outside Nairobi
Customers will have access to transactional accounts, savings accounts, deposit accounts, Shari’ah-compliant solutions, financial advisory services, and more.
Banks keep away from debt auctions demanding higher interest
Kenya has even turned to printing money, to pay bondholders with the Central Bank of Kenya revealing they advanced the government Kes22.6 billion to meet bond interest payments.
