Business

The National Industrial Credit (NIC) Bank ranks as one of the notable financial institutions in Kenya, catering to the needs of the teeming Kenyan populace since its establishment. It has launched several user-friendly services to serve its customers more effectively, and one of the best services you can ever have as a NIC customer is its online banking service. This platform will give you access to many services from...

Paul Harris (41.31% shares) and Micheal Jordaan (11.53% shares) are co-founders of Rain Networks in South Africa, with other business royalties contributing their quota. Other owners are Patrice Motsepe (19.93% shares), Brandon Leigh (2.30% shares), and Willem Roos (11.75% shares) Telecommunication has become one of the fastest-growing businesses in the modern information and communication technology world. Rain Networks, a data-only mobile network operator located in South Africa with a major...

With it having been in the crux of the Kenyan banking sector for over fifty years, Co-operative Bank of Kenya needs no further introduction. The bank has been one of the leading banks in Kenya with a vast customer base. It has been a force to reckon with in the Kenyan financial sector and a key player in supporting the development and growth of SMEs and other existing large...

One of the most impressive developments in the banking sector is the emergence of e-banking. Banking on the internet has become the new normal as far as banking services are concerned worldwide, and banks in Kenya have not been left behind in this new wave of development. Following the introduction of M-Pesa into the Kenyan commercial bank system, banking has gone almost entirely virtual in Kenya. However, in as much...

Once upon a time, getting a loan from a bank was one of the most difficult things to do, but things have changed a great deal, and this is evident in how easy it is to get loans from Access Bank. Gone are those days when one has to provide collateral to secure a loan, only to be bashed by an enormous interest rate that eventually sees them lose...

For all customers of the Co-operative Bank of Kenya, it is very important to know the different methods or the various existing services you can use to send money to your bank account or another person's account with ease and from the comfort of your home. One of such methods is M-Pesa and this eye-opening piece helps you understand all the steps involved in successfully transferring money to your...

Knowing how to transfer money to a Stanbic Bank Kenya account using the popular M-Pesa service is one thing every customer of the bank needs to know about. If you are in need of this information, we have simplified it for you. This piece explores how to transfer funds to your Stanbic Bank Kenya account using M-Pesa, as well as what PayBill number to use and how much you...

The root of Kenya Commercial bank is traceable to 1896 when KCB Group (the parent company) came into existence in Mombasa as a branch under the National Bank of India. A merger between the National Bank of India and Grindlays Bank in 1958 birthed the National and Grindlays Bank. Upon independence, the government of Kenya acquired 60 percent of the shares in National & Grindlays Bank before taking complete...

A branch code is like an identification for every branch of a bank or financial institution. More often than not, one bank may have more than one branch in a single location, and even when the addresses are the same, the branch code will always differ, distinguishing one from the other. Branch codes are always available as can be accessed from various means, via the checkbook, passbooks, website, and...

For all customers of the National Bank of Kenya, this piece of information is an important one to take note of. The write-up gives an in-depth explanation about how they can go about carrying out transactions using the popular M-Pesa money transfer service, as well as the PayBill number to use for the transactions. The process is simple and can be carried out in a few steps at any...

With over 10 million customers, Equity Bank Kenya remains the preferred financial institution for Kenyan citizens. Since its incorporation in 2014, it has been able to satisfy the diverse needs of its customers while greatly improving on existing banking services in the country as a whole. In a bid to more efficient and effective banking services, Equity bank has employed several methods, one of which is leveraging on the...

If you are a Standard Chartered Bank customer, then the information in this written piece will absolutely interest you. It shows exactly how you can go about transferring money from the popular money transfer service, M-Pesa, right into your bank account with total ease and from the very comfort of your home and at any time of the day that you choose to make your translation. There is no gainsaying...

If you are an Absa Kenya bank customer, then this piece of information is absolutely necessary for your consumption. The details provided here will show you how you can go effectively about transferring funds using M-Pesa, the popular money transfer service right into your bank account with ease and at the very comfort of your home as well as at any time of the day you feel like carrying...

Every piece of fashion started with an idea that blossoms into something beautiful aimed to pass the designer’s message. This message could be linked to the designer's cultural background, environment, or exposure. One of the countries known for its unique fashion sense is South Africa, a place where not just the clothes but the styles, fabrics, attires, and colors are distinctive and tell a story about the place. The...

Edwin Sodi's net worth is R200 million. He is a very influential South African businessman. Edwin Sodi’s net worth is responsible for the flamboyant lifestyle he has. He is said to own several luxurious houses and cars which cost millions of Rands. He is also known for contributing to different causes, especially those that are political. Sodi makes donations running into millions to the African National Congress (ANC), the...

Just like many other commercial banks on the African continent and in Nigeria in particular, Access Bank PLC has been experiencing significant technological advancements in recent times; from mobile banking to internet banking and of course, the simplified USSD code system that seems to have taken over the sector. With the advent of USSD codes, people who would normally go to the banking halls to consummate certain transactions can now...

Opening an account with Access Bank involves a very simple process that requires a prospective customer to visit any of the bank's branches. However, with recent technological advancements, customers can now open accounts from the comfort of their homes and offices. Accounts in Access Bank fall under different categories; there is the savings account that attracts minimal opening requirements, current accounts, and company accounts. Apart from these, the bank also...

Aliko Dangote's net worth is $18.7 billion. He is a Nigerian business magnate and the founder, CEO, and chairman of Dangote Group, which is the biggest industrial conglomerate in West Africa, of which he owns 85% share. Aliko Dangote went from being a regular businessman in Nigeria to become a globally acclaimed business magnate. There is, therefore, no gainsaying that the Dangote brand is a household name in Nigeria and...

At some point in life, people decide to take loans to meet their urgent and important needs, some of which may be for debt settlement, home remodeling, moving costs, emergency expenses, vehicle financing, vacation costs, and more. Before you get any loan, you should know that it's not advisable to borrow money if what you want to use it for wouldn't facilitate an increase in your wealth or income...

Zenith Bank is one of the A-List financial institutions operating in Nigeria and beyond. The financial institution has excelled in several areas of operations, including the Zenith Bank account opening process which has been made easy and placed at the reach of every customer, no matter your location. Being physically present in the banking hall is an age-old way of opening bank accounts, however, with the newest technological advancements,...

GTBank, also known as Guarantee Trust bank or just GTB, is a renowned bank in Africa that offers a wide range of financial services across many countries. The bank has a comprehensive number of services and for many years since its establishment in 1990, it has introduced several ways customers can reach out to the bank using different mediums such as visiting the bank, calling any of its lines,...

Popularly known as GTBank or GTB, Guarantee Trust Bank PLC has created many ways customers can make transactions in their comfort zones. As a result, different methods to check GTBank account balance and transfer funds among other things have been adopted by the bank to make life easier for its customers. Interestingly, these transactions can be done using any Automated Teller Machine (ATM), Point of Sale (POS), USSD codes...

When it comes to 21st-century technology and innovations, the younger generation appears to be taking the forefront. Their drive, creativity, and brilliance are definitely unrivaled as they have come to show the older generation how to do more with less while breaking several barriers. Shola Akinlade and Ezra Olubi, the founders of Paystack who serve as the Chief Executive Officer and Chief Technology Officer respectively, belong to this brilliant...

Tony Elumelu is a Nigerian business mogul, philanthropist, investor, and human developer with a net worth of $700 million. He remains one of the most influential business leaders across the continent and is ranked 31st in Forbes Africa's richest list. The business mogul is also the founder of the Africapitalism concept. This is a theory that argues that the African economy can be fixed by private sectors via making long-term investments...

Formerly seen as an underdeveloped continent, great strides have been made to modernize Africa, including the construction of world-class shopping complexes and malls. There has been a high influx of large shopping malls springing forth all over Africa, which has further attracted first-class companies, as well as world-class brands. Despite all these, some doubting Thomas' are still skeptical about anything 'Africa'. Some are still plagued by the single-story syndrome...