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!
NCBA Group launched a KES 2 billion financing for electric vehicles as some customers began to shift towards battery-powered cars due to advocacy for addressing climate change and the rise of global oil prices. A statement from the lender revealed that the financing, intended for both personal and public transportation vehicles, was part of their … Read more
There are many small companies operating in Nairobi, Kenya, across a range of industries. Small companies are businesses that are typically privately owned and have fewer employees and less revenue than larger corporations. They can operate in a wide range of industries and can be structured as sole proprietorships, partnerships, limited liability companies (LLCs), or … Read more
In Kenya, deposit insurance is provided by the Deposit Insurance Corporation (DIC), which is a government-owned organization responsible for safeguarding depositors’ interests. The DIC covers all deposits held in Kenyan banks, up to a limit of KES 100,000 per depositor per bank. The deposit insurance scheme in Kenya is mandatory for all banks operating in … Read more