Author: Khusoko

Petrol, diesel, and kerosene prices on Thursday scaled new highs in Kenya as rates were hiked for the second time in a row. This is the second upwards review since September 2021. In the monthly review by the Energy Petroleum Regulatory Authority, the costs of petrol, diesel, and kerosene increased by KSh9.90. In Nairobi, a litre of petrol will retail at KSh144.62 a litre up from Sh134.72, diesel at KSh125.5 up from KSh115.6 while kerosene at KSh113.55 per litre. EPRA Director-General Daniel Kiptoo said the higher landed cost of petroleum products had resulted in the price hike. Kiptoo said the…

Family Bank has acquired a KSh1.5 billion loan portfolio guarantee facility from the African Guarantee Fund for Small and Medium-sized Enterprises (AGF) to increase its loan book to micro, small and medium-sized enterprises, women-led businesses, and climate-friendly investments. In addition to the extension of the credit guarantee facility, the African Guarantee Fund will provide capacity-development assistance to Family Bank that will be utilized for technical expertise to the MSMEs and expose entrepreneurs to global knowledge on business development and climate-smart ventures through the five-year agreement. “Through this credit facility, Family Bank can scale up lending to MSMEs who form over…

Advertising tech firm MediaPal has been named among the 2022 Top Multi-channel Marketing Solutions Providers by US magazine Martech Outlook.   The award recognizes the ten best companies at the forefront of providing multichannel marketing solutions that transform businesses. The advertising firm uses a data-driven, omnichannel programmatic digital experience platform to help brands improve their digital marketing campaigns and in-store traffic.  “We are very proud to be one of the Top 10 global companies driving multi-channel marketing solutions. As a frontrunner in digital marketing, we continually innovate for trendsetting marketing challenges and help clients reach the digital last mile with their…

DStv Business has improved customer experience with the introduction of additional avenues through, which customers can get assistance whenever they need it. The DStv Business call center operates daily 8 am-midnight enabling the customer service officers to respond to customer queries received through the customer service telephone numbers, emails, and also through the social media platforms day and night. The call center can be reached on +254711066550  every day from 8 am to midnight. As always prompted, the calls are recorded for quality assurance. Armed with the smartcard number, the customers can also reach out to the customer service team…

Smartphone brand Xiaomi isn’t a stranger to Artificial Intelligence, in fact, it will focus more on producing smartphones that are in cue with every latest innovation in tech. Xiaomi has been devoted to developing high-quality goods with cutting-edge technology since its start, from low-end to high-end smartphones. The firm thinks that high-quality items in today’s technology-driven society should be accessible to everyone. Its one-of-a-kind product offerings reflect the company’s never-ending efforts to develop in hardware, software, and services, all of which stem from a passion for technology. The increased demand for technology in Africa has piqued the interest of every…

Many books, articles, and research papers have explained Islamic finance. Society still knows very little about Islamic finance with all the available information. Some of the reasons cited for minimal awareness and understanding of Islamic finance include high illiteracy levels and lack of access to the available literature on Islamic finance. The use of Arabic terms and the complex methods of explaining the operations of I.F are also some of the reasons cited by the public for their lack of understanding of what I.F is. Islamic finance examines economic activities such as consumption, production, distribution, and exchange and their results…