Creatives are best defined as individuals who portray originality in thought or in inventing. Most creative artists include people in the areas of fashion, music, writing, art and digital content producers depend on their talent and their ability to concentrate on the art to grow. Just like any other industry, the creative industry demands a certain […]
In the age of rising feminism, there are misconceptions about what it means for a woman to be a feminist. These misconceptions dial back down to the entirety of the woman and who she is a person in the society. The sad thing about the misinterpretation of womanhood is that it not only comes from […]
The M-Pesa service in Kenya was launched in 2007 with the aim to create a straightforward financial service that people could easily use from a basic feature phone. There was a gap when it came to transferring money. Over the years we have seen the rapid growth of the system. There has been an increase […]
Since the introduction of online taxi-hailing applications, we have had an increase in the number of drivers that are using them. In the initial stages, the drivers who were using Uber had their own personal cars. With an increase in people using the service, new drivers have come up with ways to acquire cars to […]
Under the theme of ‘Kenya’s tax regime and the competitiveness of the Manufacturing Sector’, the annual CBA Economic Forum painted a vivid picture of the state of the country’s manufacturing sector and the impact of the current tax regime on its performance. Currently, in its second year, the Economic Forum is an initiative of the […]
The everyday lives of Kenyans have changed a great deal due to the presence of mobile money and specifically M-PESA. I don’t know about you but I gradually stopped carrying my debit card and a lot of cash and now I use Lipa Na M-Pesa to pay for everything. If you are like me then you […]
During this years African Banker Awards, Equity Group Holdings PLC Chief Executive Officer, Dr James Mwangi emerged as the Banker of the Year. The win was a result of driving the growth of Equity Bank through a series of innovations and diversified investment channels. Equity Bank itself was not left behind and bagged the coveted […]
Equity Bank just announced its financial results for the first quarter of 2018 and the books show a growth of sh1 billion in after-tax profit, a jump of 22 % from last year’s earnings. The Bank attributes the improved performance to a continued build in momentum from last year when the firm grew its profits […]
Equity Bank was cited in a study by the International Finance Corporation (IFC) as one of the financial institutions that are pushing for financial inclusion for the residents of Kakuma. The study conducted by IFC dubbed “Kakuma as a Marketplace” was meant to drive economic empowerment by tapping into the opportunities at the expansive Kakuma […]
During the release of the Safaricom 2017/18 financial results, the company announced that their net profit had grown by 14.3% to Ksh. 55.3 billion from the Ksh. 48.4 billion recorded the previous year. This was amid the slow growth registered last year due to low credit availability and uptake, the long electioneering period and adverse […]
Start-ups that combine finance and technology in Kenya are increasingly getting recognition, while at the same time facing scepticism as customers demand more real-time services. From mobile insurance provider Grassroots Bima, who was named among the top 100 Fintechs in the world in 2017 by KPMG and H2 Ventures, to BitPesa who use blockchain technology […]
I recently came across the news that Tala– the mobile lending app operating in Kenya, Tanzania and the Philippines, has secured Ksh.6.5 billion investment to expand its services to Mexico and India. Tala has so far-through the app, disbursed over Ksh28 billion in loans, using data from mobile devices to create a credit score for […]
Financial education should be a course taught in schools from middle primary all the way to tertiary education. As a country, the average person’s financial knowledge is lacking at best. Most people would fail terribly at basic financial principles. What is worse is that these people have children and are expected to pass on valuable […]
PayPal is currently the most widely used online payment system in the world with 227 million active users, $7.6 billion in transactions and 17 million merchants accepting PayPal payments, according to 2017 statistics. If you visit any website that accepts payments, whether a software company like Microsoft or an e-commerce site like Amazon, eBay or […]
Under the National Social Protection Policy, 500,000 people aged 70 and above (registration happened last year from July-August) are to receive cash allocations of Ksh. 4, 000 every two months on an unconditional basis and Equity Bank has been chosen as one of four financial institutions who will be making a disbursement to the senior […]