Author: Majira Media

BusinessCareer

Safaricom and Pesalink Address Merger Speculations Amid CBK’s Fast Payment System Plans

 Mpesa and Pesalink merger talks have generated lots of buzz. But Safaricom and Integrated Payment Services Limited (IPSL) the company that runs Pesalink have clarified that there are no talks going on. This as the Central Bank of Kenya (CBK) is set to launch a new Fast Payment System (FPS) that will connect payment services
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Nearly all tenants in Kenya don’t sign leases with their landlords

 The majority of Kenyans who rent residential or commercial spaces do not sign lease agreements with their landlords. This is according to findings contained in the latest report by the Kenya National Bureau of Statistics (KNBS). The report dubbed as the Kenya Housing Survey 2023-2024by KNBS states that 71.8 per cent of all tenants in
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The money you need to build bungalow or maisonette in various regions of Kenya

 How much money will you need to build a standard bungalow, a luxurious bungalow, a middle-class maisonette and a luxurious maisonette today? To begin with, the cost will vary depending on the design of the house, the type of finishing desired, and the location where this bedroom bungalow house is to be built. According to
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Sh. 1.3 billion hotel to overlook Nairobi National Park in South C

 A Sh. 1.3 billion hotel is set to be constructed in Nairobi’s South C. The mega hotel shall overlook the Nairobi National Park and shall be owned by a private investor dubbed The View by the Park Limited. According to disclosures by the investor, the hotel that shall be known as ‘The View’ will comprise
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How Former Kenya High student sold over 40 houses in Canada in 3 years

 Tracy Mureithi, a former Kenya High School student, is making great strides in Canada, having established a successful real estate company. In an interview, Tracy revealed she moved to Canada in 2019 to pursue her degree in Business Technology Management at Toronto Metropolitan University. “I went to The Kenya High School in Kileleshwa and went
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KRA Cuts Fringe Benefits Tax to 13% as CBK Lowers Lending Rates to Stimulate Economic Growth

 KRA has reduced the tax rate for employee welfare benefits, including fringe benefits and deemed interest rates, in line with the recent CBK rate cut. This is to boost economic activity and encourage private sector credit uptake. Highlights:
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