First And First Capital International Ltd

Lipa Na M-PESA is a cashless payment service offered by Kenya's largest telco company, Safaricom. It facilitates business transactions, including paying and receiving cash from clients and other businesses. This cashless payment method allows businesses to make higher transactions that are more secure and integrate well with the business systems in Kenya. The popularity of cashless payments is on the rise primarily through the use of mobile devices. A couple of advantages that this form of cash transaction comes with are now clear to most businesses in Kenya. That has been a drive towards the increasing adoption. Fortunately, the parent company takes note of that and commits to improving the service. According to CEO Peter Ndegwa, Safaricom continues to incorporate more elements and tools to enable businesses to manage their enterprises. Besides, the COVID-19 pandemic has led to an escalation in the use of this service. People are trying to avoid the physical handling of cash.

Three decades ago, almost everyone in Kenya had a perception that mobile phones could not be accessible to the low-class population. In 2002, only two people out of a hundred of the 38 million people at that time had a mobile phone. In the same year, a country like Ireland had more than 77 for every one hundred people. Telecommunication companies began to set camp in the country, erecting masts even in the most remote regions. Within no time, cheap handheld devices became available. The services were prepaid and expensive. However, they facilitated communication with people in areas that you could take hours to reach. In four years from 2002, the number of mobile phones in the country increased ten times from one million to ten million. However, less than twenty years later, the story is entirely different. Today, Kenya leads in Africa when it comes to smartphone penetration and usage of the internet. It has become a crucial device for most activities and transactions. Other than

The digital economy is among the fastest-growing sectors in the country. It has led to a revolution in entrepreneurship and, more importantly, the reduction of doing business. Besides, the internet has opened up so many online opportunities that allow you to make money with low startup requirements.   Also known as the dot-com economy, Kenya's internet economy will add more than Ksh 800 billion into the country's gross domestic product (GDP) in 2020. It is a 7.70 percent hike from 2019. A recent report by Google and IFC indicates that the Internet of Things (IoT) will push the figures to Ksh 1.4 Trillion which is 9.24% of GDP by 2025. It continues to forecast that it will be at 15.17 before 2050. Taking a look at the African continent as a whole, there is potential for the internet economy to reach 180 billion dollars (Ksh 19.6 trillion) by 2025. That is 5.2% of the continent's GDP, according to an analysis by Accenture. At the moment, its contribution is around 115 bil

Gone are the days when you had to open a storefront to start earning. The internet has changed the game. Today, you can do business in a remote location: no shop, no stocks. Interesting? Well, you don’t have to own the products. All you need is to have that client and come up with how the commodities reach them. Additionally, the internet has opened up a lot of income-earning opportunities. From your couch, it is possible to see your money grow. Such is the case when you join First and Fast Communication System Company (FNFCOM). How does it work? Well, fnfcom is an online airtime distribution system enabling you to have sufficient top-up. Besides, the company seeks to help you out of those mobile debts, the likes of Fuliza, Mshwari, etc. It is time to get out of the cycle of debts. So, how do you go about it? Sign Up at fnfcom The first step is to create an account at fnfcom.   Go to your browser and load the website www.fnfcom.com . It takes you directly to the   home   page. A

Do you know that Kenya has over 45 million internet users? Interestingly, the country's population stands at around 53 million people in 2020. It means that up to around eight people out of 10 can access the internet. According to the communication authority of Kenya, internet penetration in the county is above 85%.   This data is very crucial for anyone aspiring to go into business. There is no doubt; everything is shifting to the internet from education, meetings among others. Of course, before all, most entrepreneurial activities in Kenya and across the world moved into this scene long before anything else. Today, the internet presents lucrative opportunities for Kenyans, especially the youth.   In short, any person going into business should have it in mind that the internet is the way to go. It is now evident that the online arena comes with numerous advantages. Below are six reasons why businesses are shifting their activities to the internet.   1. Availability Unless