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CAREER-JOBS

Joseph Kinyua: Ex-Public Servant Whose Signature Was On The Old Ksh1,000 Note And Why

His name is Joseph Kinyua .He holds a bachelors degree and masters in Business administration from University of Nairobi. He is among the longest serving public servants in Kenya who retired after Ruto took government. His career began in 1978 as an assistant lecturer at the University of Nairobi.

  1 month ago ago
Joseph Kinyua: Ex-Public Servant Whose Signature Was On The Old Ksh1,000 Note And Why

JUSTICE

Good News To All Kenyans As The High Court Makes This Landmark Ruling

High court is one of the most powerful courts in the republic of Kenya. This is the third powerful court in the country. This court is known to have made various rulings including the nullification of BBI and the Huduma Cards among others. Now, today in the morning, Kenyans have woken up to some good news after this court reportedly made a ruling which will be a win to them.

  17 days ago ago
Good News To All Kenyans As The High Court Makes This Landmark Ruling

ECONOMY-FINANCE

Equity Bank Releases New Tarifs For Bank To Mobile Transfer Following CBK Announcement

One of the Kenya's leading financial institutions Equity Bank, has announced the re-introduction of the Bank to mobile transfer Charges following the announcement by the Central Bank of Kenya. In an email sent to clients by the financial institution, all transactions will be charged from the 1st day of January 2023.

  1 month ago ago
Equity Bank Releases New Tarifs For Bank To Mobile Transfer Following CBK Announcement

ECONOMY-FINANCE

JUST IN; CBK Governor Patrick Njoroge Set to Jet Out of the Country for Key Event Abroad

Photo Courtesy; President William Ruto and CBK Governor Patrick Njoroge in a past action. Central Bank of Kenya Governor Patrick Njoroge is set to jet out of the country and and in a foreign country for a key event. This is according to the latest information that has been shared by Journalist Ramah Nyang.

  14 days ago ago
JUST IN; CBK Governor Patrick Njoroge Set to Jet Out of the Country for Key Event Abroad

JUSTICE

Relief to Kenyans as High Court Orders Safaricom and CBK to Suspend these Cost with Immediate effect

Kenyans may now breathe easier as the High Court of Kenya ruled that the transaction cost for bank-to-mpesa cash transfers must be suspended immediately by both Safaricom and the Central Bank of Kenya. From December 20, 2022, the CBK issued an order requiring all commercial banks to start charging transaction fees to consumers who use Mpesa to send money from their bank accounts to their mobile wallets on January 1, 2023.

  18 days ago ago
Relief to Kenyans as High Court Orders Safaricom and CBK to Suspend these Cost with Immediate effect

ECONOMY-FINANCE

What All M-banking Users Should Be Aware as We Enter New Year 2023

This has come as the m-banking customers are going to encounter high charges in transacting money from their banks. It has been long now since the charges were removed in 2020 when COVID-19 outbreak in Kenya. Due to COVID-19 pandemic this made the banks to allow customers to transact their money to their mobile phones in low charges.

  1 month ago ago
What All M-banking Users Should Be Aware as We Enter New Year 2023

ECONOMY-FINANCE

Bad News to Kenyans as Banks and Safaricom Defy Court in Cash Transfer Fees

Judiciary is an independent body that interprets the laws made by the legislature. In Kenya, the Courts of law play important roles in the interpretation of the policies. Last week, the court of law temporarily suspended the banks and mobile money operators not to charge transaction fees for their customers until a case in the court challenging the decision is heard and determined.

  14 days ago ago
Bad News to Kenyans as Banks and Safaricom Defy Court in Cash Transfer Fees

JUSTICE

Good News To Kenyans As They Will Continue To Enjoy This Mpesa Service For Free After Court's Order

Since March 2020, Kenyans have been enjoying transferring money from bank accounts to mobile wallets and vice versa at free of charge. This was a move that was made by the government in response to COVID-19 disease. And after being in action for around three years, the Central Bank of Kenya (CBK) announced the reintroduction of the charges that was to be in use beginning 1st of January this year.

  17 days ago ago
Good News To Kenyans As They Will Continue To Enjoy This Mpesa Service For Free After Court's Order

JUSTICE

Bank Responses from Twitter after High Court Suspends Bank to Mpesa Charges

In Kenya, people have been able to send money from their banks to mobile money wallets for free for more than two years to pay school fees or manage their finances from home. However, both banks and mobile money providers were dissatisfied with the directive because it was free hence did not make a profit from such a transaction.

  17 days ago ago
Bank Responses from Twitter after High Court Suspends Bank to Mpesa Charges

POLITICS

5 Uhuru's Laws That Ruto Wants To Undo Through The National Assembly

At least five laws passed by President Uhuru Kenyatta that primarily characterized his legacy are on the verge of being scrapped by President William Ruto's administration. According to details, the Members of Parliament allied to Kenya Kwanza have declared that some of the rules need to be done away with because they had not been approved by parliament as required by the constitution.

  22 days ago ago
5 Uhuru's Laws That Ruto Wants To Undo Through The National Assembly

JUSTICE

Relief to Kenyans as High Court Orders Safaricom and CBK to Suspend these Cost with Immediate effect

It's a sigh of relief to Kenyans as High Court of Kenya ordered Safaricom and the Central Bank of Kenya to suspend re-introduction of transaction cost of bank-to-mpesa cash transfer with immediate effect. The CBK had ordered all commercial banks on December 2022 to introduce transaction cost to their customers who transfer money from bank to Mpesa effective from 1st January 2023.

  18 days ago ago
Relief to Kenyans as High Court Orders Safaricom and CBK to Suspend these Cost with Immediate effect

ECONOMY-FINANCE

Bad News to Kenyans as the year Begin After CBK induced Transaction Cost for Bank-to-Mpesa Transfer

Following the Central Bank of Kenya set regulations to commercial banks on transactions for bank-to-mobile cash transfer, in 2023 Kenyans will be paying a certain transaction cost for all bank-to-mpesa transfer. This is after the CBK ends free bank-to-mobile cash transfers as had been instructed earlier by the state to increase taxation rate for the country back to how it was before the COVID-19 which led to waving of the cost.

  1 month ago ago
Bad News to Kenyans as the year Begin After CBK induced Transaction Cost for Bank-to-Mpesa Transfer

ECONOMY-FINANCE

Big Morning Relief to all Kenyans as Safaricom Makes This Move

Safaricom customers will be pleased to learn that the following charges have been reduced by nearly half. Following negotiations with lenders and mobile payment firms, the Central Bank of Kenya (CBK) announced two weeks ago the reintroduction of charges for transactions between mobile money wallets and bank accounts.

  1 month ago ago
Big Morning Relief to all Kenyans as Safaricom Makes This Move

JUSTICE

Court orders Safaricom, CBK to suspend re - introduction of bank to - Mpesa transaction charges

According to news shared by NTV Kenya, in their Facebook page, Court orders Safaricom, CBK( Central Bank of Kenya) to suspend re-introduction of bank-to-Mpesa transaction charges days after the charges were imposed to their customers. Court orders Safaricom, CBK to suspend re-introduction of bank-to-Mpesa transaction charges imposed on money transactions on bank to Mpesa transactions , Paybill among other transactions.

  18 days ago ago
Court orders Safaricom, CBK to suspend re - introduction of bank to - Mpesa transaction charges

ECONOMY-FINANCE

Good News To Kenyans as Prices of Petrol and Other Related Products Said to Reduce in January

Sigh of relief for Kenyans in the New Year 2023 as price of petroleum products and other related products said to reduce drastically. According to media reports, the pump prices are expected to ease in January following a decline in global crude oil prices by over 20%.

  1 month ago ago
Good News To Kenyans as Prices of Petrol and Other Related Products Said to Reduce in January

ECONOMY-FINANCE

Relief for Kenyans as Safaricom reviews pay bill fees

In plan to reprieve Kenyans to hard economic hard times, Safaricom reviews its pay bill fees. Customers who used to pay from sh 100 to sh 500 were charged sh23 in paybill charges will now pay sh 4. Those who will pay sh 100 and below will be zero-rated.

  29 days ago ago
Relief for Kenyans as Safaricom reviews pay bill fees

ECONOMY-FINANCE

Equity Bank Drops Announcement On The Wings To Fly program

Nairobi, Kenya's capital, serves as the home base for the financial services company Equity Bank Kenya Limited. The Central Bank of Kenya (CBK), Kenya's central bank and national banking regulator, has granted it a commercial bank license. The agency banking model, which the bank introduced in 2010 and has been successful, is controlled by the prudential rules of the Central Bank of Kenya.

  28 days ago ago
Equity Bank Drops Announcement On The Wings To Fly program

JUSTICE

High Court suspends Mobile banking Money Charges.

The government of Kenya ordered the Central Bank of Kenya to stop doing business with banks and mobile money wallets as a result of the Covid-19 pandemic in 2020. Since there have been no fees associated with transferring funds from the Bank to MPESA, Kenyans have been enjoying this.

  18 days ago ago
High Court suspends Mobile banking Money Charges.

POLITICS

Omanga To Be CBK Governor? Queries As Blogger Robert Alai Raises Fresh Concerns

President William Ruto has been firing those government officials that were appointed by his predecessor H.E Uhuru Kenyatta. Some of those appointments were recently seen when he made a change in the leadership of the N. H.I.F. It has been seen that President William Ruto has been mainly appointing those politicians who lost the reelection bid in the 2022 General elections and has been rewarding them with top state plum jobs.

  22 days ago ago
Omanga To Be CBK Governor? Queries As Blogger Robert Alai Raises Fresh Concerns

ECONOMY-FINANCE

KCB Announces This Following Central Bank's Directives On Transaction Charges

After the Central Bank of Kenya (CBK) announced the reintroduction of bank-to-mobile transaction charges beginning on January 1st, Kenyans have always been eager to know the amount charged on every transaction in this tough economic climate. Transaction charges were slashed in March following the outbreak of the COVID-19 pandemic to encourage the non-physical exchange of money as a way of containing the further spread of the virus.

  1 month ago ago
KCB Announces This Following Central Bank's Directives On Transaction Charges