Kenya Power Deploys New System for Faster, More Accurate Meter Reading
Kenya Power advanced its digital plan with a new OCR system to scan readings and cut human error. The rollout spans all eight regions. The company targets 1.8 million postpaid meters. Wida said OCR will link with self-reading options on the Mypower app and USSD 977. Smart meters remain in use for remote monitoring and control.
Rent vs Mortgage in Nairobi: Which Option Makes More Sense?
Standard Chartered Kenya Kickstarts KSh 7Bn Pension Payout Process
Standard Chartered Bank Kenya has begun the process of verifying details of 629 former employees set to benefit from a multibillion-shilling pension payout, after a Supreme Court ruling earlier this [...]The Math Ain’t Mathing: Why Kenyans Need to Rethink Their Retirement Game
Planning for a comfortable retirement shouldn't be a hassle as long as you get the ingredients right. The secret sauce, Alfred Gachaga, the Founder of GRC Apex Consulting, writes, is [...]
In the Game of Building Wealth, The Real Flex is Margin
Wealth that can’t survive one unexpected hit isn’t wealth- it’s theatre. Alfred Gachaga, the Founder of GRC Apex Consulting, writes. When I was a young man, full of ambition and [...]Many Kenyans Optimistic on Income Growth but Lean on Credit, Savings to Cope
Most Kenyans expect household incomes to rise over the next year, with 84% optimistic about earnings, but financial pressure lingers as 62% anticipate missing at least one loan or bill [...]Kenya's Courts Won’t Rescue Spouses from Unfair Prenups, Legal Experts Warn
As divorce cases continue to rise in Kenya, legal experts have warned that couples trapped in harsh prenups should not expect the courts to bail them out. A recent legal [...]TransUnion Kenya CEO Urges Youth to Review Credit Reports as Key to Financial Stability
Credit-rating firm TransUnion Kenya is encouraging young Kenyans to take charge of their financial futures by regularly reviewing their credit reports through the Nipashe app or by texting their name [...]Minka Has a Plan to Revolutionize Microfinance in Kenya
Microfinance in Kenya is the lifeblood of countless small businesses, farmers, and entrepreneurs who rely on its services to thrive. From rural savings groups to urban SMEs, these financial institutions [...]
Kenya’s Inflation Eases to 3.6% in September
Kenya’s annual inflation rate dropped significantly in September to 3.6 percent, levels last seen in November 2012, falling below the Central Bank of Kenya’s midpoint target of 5%. In the [...]Money Market Funds 101: How to Find an Ideal Investment
Money market funds (MMFs) might be just what you're looking for. In this guide, we'll break down what Money Market Funds are, the parties involved in managing them, their benefits, [...]How Inflation Works
Kenya’s inflation slowed down significantly in the first half of the year with the latest figures showing a 4.6% rise in June, down from 5% the month before. Despite this, [...]
