Equity’s Eazzy banking mobile App: Get mobile loans easily and quickly

Equity's Eazzy banking mobile App: Get mobile loans easily and quickly

Mobile loans have become more popular for customers seeking quick loans. Unlike over the counter loans, mobile loans offer convenience and flexibility. Take for example if one had an emergency; that requires financial attention, over the weekend and on public holidays when most banking halls are closed! Such an individual will suffer a great deal. […]

Online fraud on the rise- Read this before purchasing commodities online

TransUnion has released new findings around global e-commerce fraud that occurred during the start of the 2022 holiday shopping season. The analysis found 15% of all global e-commerce transactions reviewed between November 24-28 were potentially fraudulent. For transactions originating from Kenya, 5.4% of e-commerce transactions during that period were suspected to be fraudulent. These findings are based on […]

Good times ahead as Kenya’s economy grows by 6%

Kenya’s economy is expected to register a 6 percent growth in 2024 powered by increased agricultural output and growth in the services sector, this is according to the Central Bank of Kenya (CBK). CBK Deputy Governor Dr Susan Koech said that CBK expects an economic growth of 5.5per cent in 2023 and close to 6.0 […]

SACCO Loans Repayment Schemes, Interest rates- Development Loans

SACCO Loans Repayment Schemes, Interest rates- Development Loans. DEVELOPMENT LOAN AT 13.5% YEARS 1 2 3 4 MONTHS 12 24 36 48 10,000 896 478 339 271 20,000 1,791 956 679 542 30,000 2,687 1,433 1,018 812 40,000 3,582 1,911 1,357 1,083 50,000 4,478 2,389 1,697 1,354 60,000 5,373 2,867 2,036 1,625 70,000 6,269 3,344 […]

Bank of India Codes For All Branches {OFFICIAL}

Bank of India Codes For All Branches {OFFICIAL} Branch Code Bank Name 05000 Bank Of India Nairobi 05001 Bank Of India Mombasa 05002 Bank Of India Industrial Area 05003 Bank Of India Westlands 05004 Bank of India Kisumu 05005 Bank of India Eldoret  

Safaricom  has announced reduction in charges for paybill, Mpesa transactions

Safaricom  has announced reduction in charges for paybill and business-to-customer tariffs to ensure affordability and mitigate the prevailing economic challenges customers face. In the new changes, Bank to M-PESA charges have been reduced by an average of 61%. Additionally, M-PESA to Bank charges have been reduced by an average of 47% and is applicable to […]

The Kenyan Economy Grows by 5%

The economy has continued posting a strong performance with the Gross Domestic Product (GDP) data for the second quarter of 2022 indicating real GDP growth of 5.2 percent. The performance reflects robust activity in transport and storage, wholesale and retail trade, information and communication, real estate, and financial and insurance. Central Bank of Kenya (CBK) […]

All banks in Kenya and their branch codes [OFFICIAL BANK CODES]

A Bank Code is a unique identification code for a particular bank. These codes are used when transferring money between banks and also can be used to exchange messages between them. There are many different kinds of bank codes, including SWIFT codes and local or country-specific codes. Examples of local bank codes are BSB numbers, […]

How to easily Apply for Hustlers Loan by using your phone

The Hustler fund loans are now available to all for applications. Get the hustler loan through your Mobile phone today. You  can get a minimum of Ksh.500 and a maximum of Ksh.50,000 at 8 per cent pro-rated basis or a daily rate of 0.002 per cent. Simplified process for hustler loan application by using your […]

Personal Finances tips; Some bad financial decisions

Personal Finances tips; Some bad financial decisions: Avoid the following habits at all costs because they will put you in financial distress: 1. Taking a loan for a wedding. 2. Buying a vehicle you cannot afford to maintain. 3. Getting a loan on behalf of other people i.e for a partner or a family member […]

How to make more money in Kenya

More ways to make money in Kenya Making extra money in Kenya is very important. This is due to the fact that life is becoming harder and harder. More taxes have been introduced piling more misery to Kenyans. Those in the formal sector are most hit as their salaries are slashed left right and centre […]

Mobile Banking Codes/Paybills – Safaricom

Safaricom Mobile Banking codes in Kenya pdf MOBILE BANKING CODES/PAYBILLS   BANK Bank to M-PESA (USSD) M-PESA to Bank (Paybill no.) KCB *522# 522522 Comm. Bank of Africa *654# 880100 Co-operative Bank *667# 400200 Standard Chartered Bank *722# 329329 Barclays Bank K LTD *224# 303030 NIC Bank Limited *488# / APP 488488 Family Bank Ltd […]

Shocker for loan borrowers as banks set tough repayment deferral conditions

Equity Bank- Kenya.

Borrowers have been met by a rude shock after lending institutions set tough conditions for one to access deferment on loan repayment. To get the repayment reprieve during these tough economic times (occasioned by the Covid-19 pandemic), some lending institutions have asked borrowers seeking to defer repayment of their loans to provide letters from employers […]

Hustler fund loans to be paid by SACCOs

Mwalimu Nationa Sacco products and Services

The government has announced plans to channel the much awaited Hustler funds through the Cooperative SACCOs to facilitate sustainability and compliance to regulations set for the revolving kitty. Cooperatives and MSME development Cabinet Secretary Simon Chelugui said the SACCOs were expected to play a critical role in mobilizing Kenyans to embrace a saving culture and […]

4 Best online brokers and trading platform for beginners

The Forex market is a great place for traders who are looking to grow their investments. However, there is no shortage of scammers in this industry and they will only take advantage if you are vulnerable or just starting out So, are you new to online trading and looking for the best online broker to […]

KCB Bank Codes For All Branches {OFFICIAL}

KCB Bank Codes For All Branches {OFFICIAL} Bank code Name 01091 K.C.B Eastleigh 01095 K.C.B Wote 01100 K.C.B Moi Avenue 01101 K.C.B Kipande House 01102 K.C.B Treasury Sq. 01103 K.C.B Nakuru 01104 K.C.B K.I.C.C 01105 K.C.B Kisumu 01106 K.C.B Kericho 01107 K.C.B Tom Mboya St 01108 K.C.B Thika 01109 K.C.B Eldoret 01110 K.C.B Kakamega 01111 […]

Make Retirement Scheme Mandatory For All Civil Servants – Gov’t Told

TSC pension for retired teachers.

The Association of Pension Trustee and Administrators of Kenya (APTAK) wants the government to make pension schemes mandatory for all Kenyans to encourage the culture of saving. Kili said the social security fund should be made a mandatory requirement by urging Kenyans to save just as the government did with the medical sector on the […]

Petrol station business in Kenya – All you need to know

PETROL STATION BUSINESS IDEA IN KENYA Petrol station business is regarded as one of the profitable business to start in both Africa and worldwide. This is due to the increasing numbers of people who own cars. Many people are now purchasing cars due to the existence of cheap cars. The cheapest cars even go up […]

Safaricom cuts Fuliza interest rates

Safaricom has announced major changes to its Fuliza overdraft facility, here’s what you need to know: Fuliza has cut daily charges for loans below Sh1000 by 40 percent and introduced a three-day grace period but the company has retained the 1% access fee on all borrowings. Fuliza Loans below Sh500 attract Sh3 daily charges down […]