Money

Money

Difference between Sacco, bank, and mobile money loans in Kenya

 Do you need a loan? You are not alone. Many Kenyans and people across the world seek financial assistance from various institutions for different reasons. Some people borrow from Saccos, others from banks, mobile money apps, or even friends. Even governments borrow. Speaking of governments, even superpower countries like the US are not left out;
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Absa launches an enhanced Prestige Banking offering for entrepreneurs & employees

 Absa Bank Kenya has launched an enhanced Prestige Banking offering, a financial proposition designed for salaried professionals and entrepreneurs. The enhanced offering aims to bridge a key gap in banking by providing solutions that support individual financial growth, wellbeing, and investment aspirations. The launch, held on the sidelines of the 2025 Magical Kenya Open Presented
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Glass House PR launches report on the state of public relations in Africa

 Glass House PR has launched The Glass House PR Report on the state of public relations in Africa. The report engaged over 28 public relations agencies from at least fifteen (15) countries across the continent, representing North, South, East, and West Africa, along with insights from industry thought leaders and the public. The report provides
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How 3-day visit to Kenya turned tragic for British businessman found murdered in Makueni

 The body of  58-year-old Campbell Scott, a British businessman who went missing on February 17 in Nairobi, has been found dumped in Makongo Forest. Scott’s death was confirmed by Makueni County Commander Alice Kimeli on Monday, February 24, His badly decomposed body was found stashed in a green sack by herders, with his hands and
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Car sellers in soup for selling faulty vehicles under ‘As is where is’ model

 When you unknowingly buy a faulty vehicle in Kenya, you are most likely to shoulder the burden of repairs as the seller smiles all the way to the bank to cash in his deceitful sale. This type of bad business is usually shielded by the ‘As is where is’ sales model, which requires the buyer
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Mitumba clothes, fabric imports slowly crippling local textile industry

 Being the family’s third generation owner of a family business Nehruji Baiji has been running the business for close to 10 years selling clothes and executive bags. Baiji says that business was doing good in the ’80s and ’90s when clients spent their money on new clothes and accessories. The increased expenditures kept local businesses
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Number of Kenyans given Canada visitor visas falls 72pc in one year

 The number of people who are receiving Canada visitor visas has reduced drastically over the past one year. Latest statistics show that countries including Kenya have seen a large drop in the number of visitor visas for Canada. The latest data shows that the number of Kenyans given Canada visitor visas in 2024 dropped by
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Naivas Supermarket opens 110th retail store at Tatu City

 Kenyan supermarket chain Naivas has announced that it has opened a new store in Tatu City. The new development further expands Tatu City’s amenities and ecosystem. The new Naivas in Tatu City is located in Eneo at Tatu Central and offers a comprehensive selection of products, including fresh produce, household essentials and ready-to-go meals from
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M-PESA Foundation hosts medical camp in Wote, Makueni County

 M-PESA Foundation, in partnership with Zuri Health and Lion Sight First Eye Hospital, has hosted a free medical camp held at Unoa Grounds, Wote Town, Makueni County. Among the key medical services provided at the camp included women’s health consultations/ Women received services such as breast cancer screening, prenatal clinics, antenatal checkups and child clinics.
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