Money – In brief

Mergers, Acquisitions and Financial Results

- Chase Bank and the University Students Community Organisation (UNISCOO) have launched a MasterCard prepaid card to be used by members of the student’s union to top up and shop at enabled merchant stores. The card, according to the two, is aimed at giving the students an easy, secure and convenient way to manage funds. James Wainaina, MasterCard’s vice-president for East Africa and the Indian Ocean Islands, said the card will go a long way in extending financial inclusion to those aged between 15 and 29 years in Kenya.