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Showing posts from January, 2013

Equity Bank borrowed KSh. 22 Billion to Support South Sudan clients amidst dollar crunch

A while back, Jetlink grounded it's planes after the company ran out of funds. The problem was caused by inability of the company to access South Sudanese dollars paid to the firm in South Sudan, to US dollars. It therefore exhausted its cash reserves from other countries, while having money in South Sudan, but in a currency hard to convert to other currencies.

The crunch is due to stopping of oil exports, South Sudan's main export, thus stopping the flow of dollars into the country. The country still continues importing goods and services (such as Jetlink's), but fewer and fewer people could access the foreign currency needed to continue importing these goods and services. (See: South Sudan dollar control grounds Jetlink flights http://www.the-star.co.ke/news/article-95995/south-sudan-dollar-control-grounds-jetlink-flights )

James Mwangi, Group CEO, Equity Bank in December explained how the bank was able to assist clients facing a dollar crunch in South Sudan continue op…

The trouble one goes through using Airtel Kenya's "3.75 G"

I've been hearing good things about Airtel's 3G network, that the speeds are good. I had also gotten tired of subscribing to Orange's Fair Usage Policy, where you purportedly get some unlimited Internet too, but you mostly get the policy.

Having misplaced my Airtel line, which happened to be my first ever mobile line, I decided to head off in search of one. I easily got a line at KSh. 30, which came loaded with KSh. 20 airtime. But that was the last easy thing I would do on Airtel.

Next, I got KSh. 3,000 of Airtel airtime. Being just before Christmas, this was me forfeiting half a goat and Christmas festivities for half my extended family.

I then proceeded to purchase Airtel 30 day unlimited Internet at about 8:30 pm.

I then discovered that I could not connect to the Internet, whichever settings I tried to use. Turns out that Airtel lines, just like Celtel and Zain lines, do not come provisioned with Internet.

One would think a simple call to customer care should sort you…