[20 Sep 2010 | One Comment | ]
Staff Story: Gorretti

I joined Turame as a loan officer 2 years ago. I praise the Lord for this opportunity.  I can testify with all of my heart that it was God who blessed me with this position at Turame. Before coming to Turame I worked as a teacher at an elementary school. The salary was very low and I was struggling to provide for my family. I prayed to God that he would guide me and that he would provide me the opportunity to provide more for my family.
I also praise the …

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Burundi »

[21 Sep 2010 | No Comment | ]
Tanzania and Burundi lag behind as Uganda advances on MDGs

By Jeff Otieno
Tanzania and Burundi are lagging behind their fellow East African Community member states in meeting the Millennium Development Goals.
A report prepared by a Washington think tank says the two are the region’s laggards in achieving the MDGs by 2015.
Though Tanzania has a higher score than Burundi, the document titled: Who are the MDG trailblazers? A new MDG Progress Index, expresses disappointment on the former, saying its high ratings in institutional performance has not been replicated on MDGs.
“In fact, Tanzania’s performance is below the required achievement trajectory for every indicator …

Micro-Finance »

[21 Sep 2010 | No Comment | ]
Firms embrace mobile payment system

By Kui Kinyanjui
Mobile payment systems are gaining ground as the currency of choice for corporate Kenya as the race to minimise costs and reduce the time it takes to close transactions intensifies.
With several utility companies such as Nairobi Water, Kenya Power and Lighting and DSTV already inducted into the mobile payment system through services like M-Pesa and Zap, a growing number of corporates are now seeking ways to deepen their investment in the channel by developing their own exclusive products.
In the process, an alternative payments channel that is helping firms with …