What Is the Central Depository Agent (CDA)?
Companies and individuals that regularly engage in securities, fungible and tradable financial instruments like stocks or shares, limited investments, bonds, debentures, and other types of exchange-traded funds in Kenya are likely to interact with CDA - Central Depository Agent. Central Depository Agents are banks and stockbrokers who execute buy and sell orders of securities only on behalf of clients and...
How to Buy Shares in Safaricom (2024)
Buying Safaricom shares is one form of investing, the process of using money to potentially generate profitable returns. We know all investments carry a varying degree of risk: the value of investments can fall as well as rise because they are subject to market volatility, and you could get back less than you invest. But once you’ve decided you’re comfortable with...
2024 Mpesa Charges in Lesotho
In Lesotho, Vodacom Lesotho of Vodacom Group operates Mpesa, the popular and affordable mobile money service the telco introduced in 2013 to expand financial inclusivity amongst the county's population using phones. Mpesa allows cash withdrawals at Vodacom Mpesa agent shops, paying bills and other goods and services in merchant shops, sending money to people and businesses, and buying airtime, some...
Exchange Rates for Commercial Banks in Kenya Today
The exchange rate is the price of a unit of foreign currency in terms of domestic currency typically quoted against the US dollar (USD), as it is the most traded currency globally, and other floating currencies like the Euro and the British Pound Sterling, whose prices go up and down according to how the currency trades on forex markets. For...
Showmax Subscription Plans in Kenya Explained: How Much Does It Cost?
Showmax, which recently surpassed Netflix to be the leading streamer in Africa, kicked off to the general public in 2015. The video-on-demand service is now the most subscribed streaming platform in the continent with 2.1 million subscribers, marking up a 38.7% market share against Netflix's 33.5%, thanks to original documentaries and feature films and strategic partnerships with the world's most...
Postal Codes List and ZIPs for Mombasa, Kenya
If you want to send a letter or a parcel to Mombasa by mail, you will need to specify the Mombasa postal code. Postcodes or ZIP codes, as it is popular in the US, mean the same thing - they are specific sets of numbers sometimes combined with letters that identify a postal delivery area. Mombasa has a lot of...
2024 Fares for Mash Poa Buses
There are many ways of getting safely to various locations in Kenya, but admittedly, public transportation saves you time, stress, and money. So, if you are planning to get around the country, you might consider using Mash Poa, a bus company that provides fast, frequent, reliable, and accessible service to meet the needs of today’s riders. Mash Poa Buses, operating...
How to Okoa on Telkom Kenya
Okoa Jahazi is how we manage our airtime for everyday calling, messaging, and internet when an airtime account has a negative balance - but this is on the Safaricom line, so what about Telkom Kenya? Does the Telkom SIM card have the same product as Okoa Jahazi? Yes, users in Kenya can borrow Telkom airtime when their account runs out....
Nairobi Expressway Tolls Rise in 2024. How Much More You Are Paying
Nairobi Expressway toll rates increased by an average of 39% starting in 2024 as the first system-wide hikes after almost three years due to revenue needs to pay off the Chinese investor China Road and Bridge Corporation. The price hikes were approved by the Cabinet Secretary in the Ministry of Roads and Transport Kipchumba Murkomen through a review of The...
Equitel Withdrawal Charges and Other Fees in Kenya – 2024
In the spirit of making life easier, Equitel was created by Equity Bank to provide funds accessibility and choice of payment to their customers and also to other Kenyans - it's not a must to have an Equity Bank account to register for an Equitel SIM card. If you are an Equity Bank customer, the Equitel line allows you to...
