Finance

Mercury is a financial technology company designed to cater to the banking needs of startups and growing businesses. By providing an innovative, zero-fee banking stack, Mercury aims to simplify banking processes for entrepreneurs. While Mercury is not a bank itself, it partners with FDIC-insured banks—Choice Financial Group and Evolve Bank & Trust—to provide secure

Financial stability often depends on our daily habits. While some expenses may seem insignificant, they can accumulate over time and sabotage your financial goals. The following are nine habits that might be draining your wallet and preventing you from building wealth: 1. Smoking Smoking not only impacts your health but also significantly drains your

M-Pesa, Kenya’s leading mobile money transfer service, continues to facilitate secure and convenient transactions nationwide and globally. The service has revised its withdrawal and sending charges for 2025-2026, ensuring affordability and financial inclusivity. This guide outlines the updated charges for withdrawals, transfers, and special services like Pochi La Biashara and transactions with other networks.

Africa’s economic growth continues to be hampered by significant infrastructure challenges. The African Development Bank (AfDB) estimates that the continent requires between $130 billion and $170 billion annually to address its infrastructure needs. Despite this pressing demand, there remains an annual financing shortfall of up to $100 billion, creating a formidable barrier to sustainable

M-PESA, Kenya’s flagship mobile money platform, continues to redefine financial inclusivity in the digital age. With over 30 million active users, it remains central to everyday transactions, including money transfers, bill payments, and withdrawals. Safaricom’s newly revised transaction charges for 2025, effective January, aim to reflect the evolving financial landscape while promoting greater inclusivity.

In Kenya, filing tax returns is mandatory for all individuals with an active Personal Identification Number (PIN). This requirement applies even if you have no taxable income during the year. Filing a nil return informs the Kenya Revenue Authority (KRA) that you earned no income and have no tax obligations for the year. Failure

It may sound ironic, but there’s an undeniable truth in financial economics: the smartest people are often the ones who borrow money from the bank, not those who deposit their money there. This paradox is rooted in how wealth is created and multiplied. Rich people are generally smarter with their finances, which is why