Ever been home and all of a sudden units imeisha? You try to buy more only to find out that you’ve run out of money on your M-Pesa? Well I’m sure you must have experienced that, or at least you know something who has. Thankfully Safaricom and KPLC have introduced a solution called Okoa Stima. Okoa Stima is a service which allows Safaricom and KPLC customers to avoid electricity disconnections without having to pay immediately. It offers Prepaid and Postpaid KPLC users a one stop shop for all their power access needs including services such as payment of power bills,…
Author: Tobey
Besides the somewhat obvious benefit of increasing the limits for the amount of money you can withdraw or send, verifying your PayPal account also improves your overall security. While there is the initial verification process which takes place during sign up, linking your credit card or bank account is also part of verifying your PayPal account and creates trust between you and other users of the service when sending or receiving money. Linking your bank account or credit card, however depends on your jurisdiction. In Kenya for example, it is more common to link bank accounts to PayPal than credit…
Have you ever placed an order on Jumia and then had a change of heart? Probably the order was somehow by accident? Well I’m sure many of us have been in at least one of those scenarios in the past. Cancelling an order is a standard practice and far from illegal. Especially when your reasons are quite valid. To cancel your order on Jumia you can either: Call Jumia’s Customer Care You can call Jumia Kenya directly via their customer care line to notify them of your wish to cancel your order. Dial any of Jumia Kenya’s customer care numbers…
Fuliza which is a service introduced by Safaricom is an overdraft lending product offered by M-Pesa. The service enables Mpesa subscribers to complete their Mpesa transactions even when they have insufficient funds in their M-Pesa accounts. For example if you buy an item and you have insufficient funds in your Mpesa, Safaricom will cover the rest and deduct the rest of the amount including the facility fee also known as interest, at a later date. Fuliza is a very convenient service because any Safaricom user with an active Safaricom line is automatically eligible to use Fuliza as long as the…
“PayPal is a service that enables you to pay, send money, and accept payments. With PayPal, you can register your credit card or debit card with your PayPal account and also pay for online transactions by simply choosing PayPal at the checkout point, logging into your PayPalaccount, and then confirming your payment. PayPal will then complete the process without sharing your financial details with the merchants or sellers. Sadly more than a few PayPal users have experienced their accounts getting banned or getting limited. Even after verifying their PayPal accounts. PayPal account banning or limited could occur as a result…
The Standard Guage Railway (SGR) is Kenya’s faster and most comfortable train service option. Since its launch, the Standard Guage Railway (SGR) has significantly cut down the amount of time required for a journey from Nairobi to Mombasa. A journey which usually took 15 hours according to kenyanbackpacker.com, now takes less than 8. Now for the important question; how do you book a ticket for the Standard Guage Railway (SGR) train ride? Book SGR Train Tickets Via Terminal Booking Points Well the Standard Guage Railway (SGR) tickets come in both First Class and Economy Class depending on your pocket ie…
In June 2019 telecommunications giant; Safaricom announced the launch of its new service; VoLTE. VoLTE which basically means ‘Voice Over LTE’, is a service by Safaricom which allows Safaricom users to make calls via a 4G network. The VoLTE service was a necessary addition because normal calls can only made through a 3G network. While the telecommunications company went quiet after the launch and its promise to roll out the service to every Safaricom user by the first week of July 2019, it’s was discovered that the service had a few glitches upon implementation that needed to be sorted out…
Photo from rojakdaily.com On Wednesday the 25th of September 2019, the kenyan Parliament approved the Treasury’s request to raise “sin tax” to 21% from the earlier 15% which was proposed in the budget statement. The bill is currently waiting on approval by the presidency. The decision is aimed at increasing aims the nation’s tax revenues to cover the Kenya Revenue Authority (KRA)’s deficit. Following the decision, cigarette manufacturers and beer manufacturers have expressed their dissatisfaction over the 21% excise duty. According to the Kenyan Wall Street, the manufacturers have argued that the new taxes will have severe adverse on other…
The Capital Markets Authority (CMA) has warned the General public against patronizing online forex trading company; Interweb Global Fortune and the company’s director; Manasseh Kuria Karanja. The warning is coming after the Capital Markets Authority (CMA)’s Capital Markets Fraud Investigation Unit and the Directorate of Criminal Investigation conducted an investigations into unlicensed and unregulated Online Forex Trading companies which operate in the country. The Capital Markets Authority (CMA) said, “Preliminary investigations conducted by the authority have revealed that Interweb Global Fortune has been purporting to carry on business as an online forex trading broker and money manager without a valid…
The Central Bank of Kenya (CBK) has announced that from the 1st of October 2019 the Commercial Bank of Africa (CBA) and NIC Bank will begin operating as one entity, following approval by the National Treasury Acting Cabinet Secretary; Ukur Yattani on the 20th of September 2019 in line with Section 9 of the Banking Act. The merger which had been approved by the Central Bank of Kenya (CBK) on the 27th of August 2019, will take effect on the 30th of September 2019. The new bank will beknown as NCBA Bank Kenya PLC. The Central Bank of Kenya (CBK)…
Kenya’s largest sports, news, technology and sports betting brand; SportPesa, has announced its decision to shut down its operations in Kenya adding that it would only resume operations when Kenya puts in place “adequate taxation and non-hostile regulatory environment.” The move comes after the Kenyan Government’s decision to impose a 20 percent tax on all betting stakes, a move which the betting companies in Kenya, have described as damaging on both their customers and treasury. The statement by the company reads, “Sportpesa is disappointed with the decision by the Kenyan legislature to impose a 20% excise tax on all betting…
Unga Group Limited has (according to Kenyan Wall Street), released its audited financial results for the year which ended on the 30th of June 2019 with a revenue of 17.9 billion Kenyan Shillings, a figure which is 10.4% decrease from the previous year’s figure of 19.98 billion Kenyan Shillings. The listed firm’s finance costs went up by 83.7% to 166.75 million Kenyan Shillings. The profit for the year which ended on the 30th of June 2019 decreased by 30% to 544.81 million Kenyan Shillings mainly as a result of the increased competition in the human nutrition business. A lot more…
The Kenya Railways Corporation (KRC) is reportedly looking to higher a new managing director to replace Atanas Maina who was suspended last year (2018) as a result of allegations of corruption. The state corporation in a notice which was published on Friday the 27th of September 2019 in Kenya’s local daily newspapers, stated that all candidates with the adequate qualifications and are interested, must have at least 15 years of working experience in a large and reputable organisation in the private sector or in public service. The candidates in addition must possess good written and oral communication skills, plus report…
According to the Kenyan Wall Street, Nairobi m, Kenya is now the 4th most congested city in the world. The Nairobi Metropolitan Area Transport Authority (NaMATA) in addition, released a report which revealed that Kenya potentially loses $1 billion (103.8 billion Kenyan Shillings) in lost productivity each year, as a result of vehicles stuck in traffic. Illegal bus stages, double parking as well as personal cars being used as public service vehicles (some Bolt, Uber drivers as other drivers of taxi hailing services), have also been listed as causes of Nairobi’s traffic jam and congestion. According to the report by…
