Kenya, a vibrant and dynamic country in East Africa, is home to a number of immensely successful individuals who have amassed great wealth through their entrepreneurial endeavors. In this article, we delve into the realm of affluence and explore the ten richest people in Kenya. These individuals have made significant contributions to the country’s economy … 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