Banks want my google $
Trying to find a bank that will process my ad sense $100 cheque (worth approx 7,100 shillings) at a reasonable price. So far the outlook is mixed with several banks offering to collect my Citibank cheque for between 1500 and 3,500 shillings! So am now looking at the smaller banks which may be cheaper or asking google to alter my payment method so that I can retain at least 90% of my blog earnings.
New Bank
Kenya’s next bank will be Family Finance Building Society and it will operate as Family Bank Ltd after June 2006.
More SMS Banking
KCB is the latest bank to introduce SMS banking. KCB connect will offer 13 different transactions via mobile phone including mini-statements, account balances, cheque book requests, stop payment instructions and airtime top up for 25 shillings per transaction.
Better late than never
Two weeks after the Marsabit air crash, the Kenya Civil Aviation Authority has announced a tender for the supply, installation and commissioning of an air traffic craft control tower complex for Lokichoggio which is one of the busiest small aircraft airports in Kenya. Deadline for applications is June 8.
Leave Safaricom alone
Safaricom has asked companies to stop making enquiries and applications for their lucrative dealership business licences until after April 2007.
Reality check
The Nation’s new Thursday personal finance magazine has a
bar tracker feature today showing that for a Kenyan who consumes 25 bottles of beer a week (IMHO low) this all adds up to spending 130,000 shillings a year.
Africa Business has published its rankings of the 1,000 largest companies in Africa. The list is dominated by South Africa, Northern African, mining and oil companies and the largest Kenya Company , East African Breweries, is ranked at number 76 - with a market value of $1.22 billion.
