Connect with us

Business

Having Problems Sending Money Anywhere In East Africa? -Hela send Is The Easiest And Cheapest Way To Send Money Worldwide

Published

on

Sending money can be hectic sometimes especially when you are abroad. Want to send money anywhere in East Africa? Hela Send is here to solve all your money sending problems. Hela Send enables you to send money to your loved ones fast, and it is also also the safest way to do so. This money sending service also guarantees low fees when you do a transaction. They have clearly defined exchange rates, so not having enough money to make transactions due to the influx of prices is avoided. For forex, Hela Send offers competitive forex rates, and you can only complete a transaction after viewing the provided rate.

Hela Send is the most preferred means of transferring money across Africa. You can also use it for paying bills, shopping, and avoiding exchange house fees. It has an amazing app that is safe for use and enables you to track your transactions, and you will be able to tell the exact status of your transfer.

The Hela Send app is very convenient as it’s available on your phone and can be used anywhere. You can also send and request money in various ways. You can also send money using your bank card; your mpesa account their an impressive cash pick-up feature, cash deposit, and airtime top-up. If you want to send money to your loved ones in Kenya, Uganda, or Tanzania, you can send Hela Send their details on the app, and we’ll send them on to you via email or SMS.

Hela send promises support for their clients as they have an excellent customer support team at your service 24/7. You can reach them on the phone, their social media handles, and email. Hela Send motto is to ensure that your money is delivered safely and quickly to your loved ones. Hela Send is also a genuine venture as its fully licensed by the FCA and other licensed government finance authorities in major markets across Africa and UAE.

Continue Reading
Advertisement

Business

Pain in the new fuel prices

Published

on

A litre of petrol in Kenya’s Capital Nairobi will now cost Ksh.134.72 rising from Ksh.127.14.
The cost of diesel meanwhile spikes to Ksh.115.60 from Ksh.107.66 while kerosene will cost Ksh.110.82 from Ksh.97.85.

EPRA has attributed the rising fuel prices higher costs for landed petroleum products with the cost of landed super petrol rising by 0.72 percent, diesel by 4.81 percent and kerosene by 0.96 percent.

In its latest maximum pump price review, the Energy and Petroleum Regulatory Authority (EPRA) has raised the prices of super petrol by Ksh.7.58 per litre.

The greater fuel costs are expected to hurt Kenyans not just at the pump but also in their pockets as the cost of living surges with the prices of other basic commodities rising in the aftermath of higher petrol costs.

Kenyans will face more pain at the pump from Wednesday as petrol prices zoom past the Ksh.130 mark per litre, an all-time high cost for the commodity.

The energy sector regulator however masks the true reasons behind the astronomical surge in fuel costs.

The fund run partly by the National Treasury has provided respite to consumers by lowering margins paid to suppliers/ oil marketers who are later compensated by the exchequer for the hair cut.

Continue Reading

Business

Kenya Set to host the 2nd annual Africa Digital Finance Summit Early Next Year

Published

on

Kenya is set to host the 2nd annual Africa Digital Finance Summit (ADFS) on 22nd – 24th February, 2022.

The three-day event themed “The Future of Finance in Africa; our pathway to financial freedom” will incorporate a thought-leadership conference featuring governments, central banks across Africa, prominent executives representing global Fintech operators, start-ups, professionals and decision makers across the world in the financial, economic, technology, fintech and block chain industry to deliberate and forge a pathway towards the future of finance in Africa.

“The Africa Digital Finance Summit 2022 (ADFS) will provide Africa with an opportunity to leapfrog the mistakes of the West by reimagining entire systems of production, financial services, and governance fueled by financial innovations & blockchain technologies thus positioning herself as the continent where solutions in Finance will be implemented successfully,” says Mary Njoki, Organizer and CEO of Glass House PR.

Coming at the backdrop of the Free Trade Agreement in Africa, this annual summit will spearhead the conversation of re-defining value exchange for Africans and encouraging them to leverage on Digital and Decentralized Finance in their businesses and everyday transactions.

The African Fintech report of 2020 states that Africa as a continent has an edge with technology because the mobile subscription penetration rates are up to 80%, thus this summit aims to position Africa as the continent where innovative solutions in digital and decentralized finance will be found and implemented successfully.

During the Africa Digital Finance Summit 2022, the ADFS Report of 2021 will be presented and released to the public. Conversations in the summit will include; understanding blockchain technologies and cryptocurrencies, Implementation of Defi in Africa, Policies governing disruption in finance, Introduction of central bank digital currencies in Africa, the introduction of NFTs for art, amongst other topics.

Continue Reading

Business

InterContinental Hotel’s multi million assests put on auction

Published

on

According to documents obtained from Garam Auctioneers, some of the cars being auctioned include a Range Rover Discovery, Mercedes Benz Sprinter, and an Isuzu FRR.

The government also has a 33.8 per cent stake in the five-star hotel which at its peak offered accommodation to high profile guests and heads of state.

For years now the state has been looking for a buyer to offload its share to and the new plans could complicate the intended sale.

Some of the options the owners who include associates of former president Daniel arap Moi are considering include; office blocks, stalls and mini-hotels all in one building such as a mall.

n the midst of the Covid-19 economic crisis, the InterContinental Hotel announced in August that it would terminate its lease agreements with KHP, the hotel’s holding company, and close the facility.

As a result, Sovereign Group appeared to be the most likely candidate to acquire the 33.8 percent stake prior to its sale to outsiders.

The Intercontinental Hotels Corporation Group, which is listed in both the UK and the USA, has a 33.8 percent stake in the hotel group.

InterContinental Hotel's multi million assests put on auction | Pulselive  Kenya

Continue Reading

Trending