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Postbank is primarily focused on the mobilization of savings for Kenyan citizens with the aim of achieving national development. Individuals and groups can make deposits to their accounts even through their mobile phones and access a couple of services. Also, the financial institution leverages on technology to ensure they deliver
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An International Monetary Fund (IMF) report has ignited the debate on the true value of the Kenyan shilling. This after another study by Amana Capital, an investment firm, recently alleged that the shilling is overvalued by 30percent. IMF on the other hand had alluded to an 18 percent overvaluation. The
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An International Monetary Fund (IMF) report has ignited the debate on the true value of the Kenyan shilling. This after another study by Amana Capital, an investment firm, recently alleged that the shilling is overvalued by 30percent. IMF on the other hand had alluded to an 18 percent overvaluation. The
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By CHARLES MWANIKI More by this Author Kenya’s gross national savings as a percentage of its output are tipped to lag behind the sub-Saharan Africa average in the medium term as easy access to cash through mobile platforms continues to discourage savings. A rising cost of living and growing
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By CHARLES MWANIKI More by this Author Kenya’s gross national savings as a percentage of its output are tipped to lag behind the sub-Saharan Africa average in the medium term as easy access to cash through mobile platforms continues to discourage savings. A rising cost of living and growing
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The Capital Markets Authority (CMA) has permitted the SCFM Limited to operate as the country’s second non-dealing Forex exchange (FX) broker having fulfilled the prescribed online FX trading regulations. The green light grants the new licensee scope to legally act as an intermediary between clients and the online foreign
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The Capital Markets Authority (CMA) has permitted the SCFM Limited to operate as the country’s second non-dealing Forex exchange (FX) broker having fulfilled the prescribed online FX trading regulations. The green light grants the new licensee scope to legally act as an intermediary between clients and the online foreign
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Most young people tend to think one must be financially stable before they can start investing, but experts say that should not be the case, and here is why. In Kenya, people aged 15-24 make up 20% of the population. If you add those who are under 35 it becomes
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Most young people tend to think one must be financially stable before they can start investing, but experts say that should not be the case, and here is why. In Kenya, people aged 15-24 make up 20% of the population. If you add those who are under 35 it becomes
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Co-operative Bank, through its subsidiary, Co-op Consultancy and Insurance Agency has kicked off its Annual National Co-operatives workshop where CEOs from across the country will deliberate key issues concerning the industry. The workshop themed Co-operatives Tomorrow: Technology and Innovation for Sustainable and Inclusive Development was presided over by the PS
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Co-operative Bank, through its subsidiary, Co-op Consultancy and Insurance Agency has kicked off its Annual National Co-operatives workshop where CEOs from across the country will deliberate key issues concerning the industry. The workshop themed Co-operatives Tomorrow: Technology and Innovation for Sustainable and Inclusive Development was presided over by the PS
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By The EastAfrican More by this Author Regional lender Equity Bank recorded a five per cent growth in net profit for the three months to March 31, weighed down by a surge in bad debts and slower growth in interest income from loans and slower growth of fees and commissions