Dive into our Finance section for savvy tips, insightful articles, and the latest trends in money management. Whether you’re budgeting, investing, or seeking financial freedom, we’ve got the tools and advice you need to thrive in Nairobi’s dynamic economy. Empower your financial journey with us!
Stima Sacco is one of the leading Savings and Credit Cooperatives in Kenya, serving employees in the energy sector. Joining Stima Sacco provides individuals with access to a wide range of financial services, including savings accounts, affordable loans, and investment opportunities. In this article, we will provide a step-by-step guide on how to join Stima … Read more
Safaricom, Kenya’s leading telecommunications company, has achieved remarkable financial success, reporting a net income of 13.7% to KShs 84.74 billion. In the period under review, Safaricom PLC Group revenue grew by 13.4% to KShs 335.3 billion, with M-PESA contributing 42.4% of revenue at KShs at 140 billion and GSM business contributing 52.7% at Kes.173.9 Billion. Mr. … Read more
On average, the annual interest rate for the Kenyan top 10 most expensive bank loans is within a range of 13.8% – 14.5% for the various categories of loans offered. This is approximately 7.0% points higher than South Africa’s average annual rate which stands at 7.5% and 11.2% higher than USA’s 3.3%. However, Kenya’s average … Read more