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Nearly 17 million digital loans have been disbursed as Kenyans increasing turn to their mobile phone to access credit. A new survey completed last month shows fast growth of borrowing through the phone, with other findings showing huge default rates but for relatively small amounts. An international firm, Microsave Consulting,
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When going for a job interview, the question ”Why do you want to work here?” commonly pops up. Your answer will help cement and establish your credibility to the interviewer and to prove that you can be of value to the company or organization if hired. Research shows that most
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Car insurance brokers look at a bleak future as a mobile-based insurance app threatens to drive them out of business. Its service allows clients seeking motor insurance to log onto a firm’s platform to apply, pay and get cover from anywhere and at any time. Upon purchasing a policy,
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Safaricom,Kenya's biggest Telco has retained the best employer rating after being named the best employer in Kenya for the second year in a row. Coming behind Safaricom was East African Breweries Limited (EABL), the United Nations(UN) and Kenya Revenue Authority (KRA) respectively in a ranking by
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Alcohol Beverages Association of Kenya (ABAK) has urged retailers to stick to recommended retail prices as the industry awaits the final decision on an appeal to President Uhuru Kenyatta to scrap some sections of The Finance Bill, 2019. The Bill, which proposes to increase excise rates on alcoholic beverages and
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Most employees are unhappy with their current workplace mainly due to the treatment they receive in their companies, a study by BrighterMonday has revealed. According to the study, the oldest age group is the least happy but is not willing to leave its current employer to companies with competitive pay
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If President Uhuru Kenyatta’s remarks on Friday about restricting vehicle imports are anything to go by, then vehicle importers will be having hard times ahead. President Uhuru Kenyatta affirmed his commitment to safeguarding local car assemblers against unfair competition and ensure a conducive environment for their businesses. Trade and
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All Members of Parliament and County Assemblies risk a Sh800,000 fine for participating in fundraising (harambees) under a proposed law that seeks to curb corruption. The Bill by Ndaragwa MP Jeremiah Kioni bars the legislators from taking part in harambees throughout their elected stay in office which is at
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Flying cars are slowly becoming a reality, with one being tested over Germany this week. Lilium, a tech startup based in Munich, has released new footage of its flying taxi taking to the skies over Germany. The vehicle, called the Lilium Jet, is the world’s first five-seater, all-electric, vertical
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Criminals have resorted to using security guards to withdraw cash from Automated Teller Machines (ATMs) to avoid being captured by CCTV cameras. Yesterday, police announced that they had arrested a suspect who had received Sh2.2 million in a month from security guards stationed at various ATMs. The suspect, who
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Nairobi will next month host more than 300 delegates nest month, who will meet to discuss valuation and innovation around the administration of investment transactions for mid-level Pan African business owners and investors. The two-day conference, organised by Upcountry African Fund Asset (Canada) Corp, is aimed at educating, while providing
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Detectives from the Directorate of Criminal Investigations (DCI) on Sunday arrested the prime suspect linked to various cases of M-Pesa fraud involving millions of shillings. Robert Mwaura Mwita was arrested alongside two security guards – Stanley Nyakundi and Godfrey Masinde Simiyu – stationed at Automated Teller Machines (ATMs) in the city. According