18 December 2023
- Economists say spending cuts could affect critical essential programmes such as health and education and further constrain the economy.
18 December 2023
- Mudavadi claimed it is the only way the Kenya Kwanza government can generate additional revenue to pay soaring external debts and rebuild the economy.
18 December 2023
- DP Gachagua has urged Kenyans not to expect quick fixes from the Kenya Kwanza administration. He said the government has rolled out strategic programmes to revive the struggling economy.
18 December 2023
- “We are not merely making policy, but are nurturing a legacy of boundless growth and shared prosperity under BeTA (Bottom-up Economic Transformation Agenda),” says Prime Cabinet Secretary and Cabinet Secretary For Foreign Diaspora Affairs, Dr…
18 December 2023
- NAIROBI, Kenya, Dec 18 – Property developer My Space has launched luxurious apartments in Syokimau, Machakos County, targeting buyers looking for affordable units as well as those working in Nairobi. The units, which consist of two and three…
18 December 2023
- LONDON, Dec. 18 (Xinhua) — Oil giant BP announced on Monday that it has paused all shipments of oil through the Red Sea after attacks by Yemen’s Houthi rebel group. “In light of the deteriorating security situation for shipping in the Red Sea, BP…
18 December 2023
- Painful lessons learned by Kenyans who took loans when they thought it was a good idea and how it turned out to be a bad idea. And now, many are struggling to extricate themselves from the 'accidental' path of financial ruin. That doesn't have to…
18 December 2023
- No one is ever fully prepared to lose their job. But job loss, reductions, down-staffing, and summary dismissals happen every other day. Still, the words "we'll no longer need your services from today onwards" or "you're fired" may send some dark…
18 December 2023
- Raising financially savvy kids is every parent's dream. However, you can only succeed at it if you make an intentional effort to teach your children about money through practice and involving them in your finances. So ensure that you keep yourself…
18 December 2023
- Happy holidays everyone! It is December now so Christmas is coming soon! People have already been paid for November or they are going to be compensated soon. This is a period when everyone spends money. Be it by treating yourself or your kids to…
18 December 2023
- NAIROBI, Kenya, Dec 18 — Kenya has rolled-out a revamped Border Security and Control Training Program as part of the wider efforts to secure its points of entry. Speaking Monday during the launch, Interior Principal Secretary Raymond Omollo said…
18 December 2023
- It's that time of the year. You are constantly bombarded with new year resolutions and cliche quotes on the importance of planning. Failing to plan is planning to fail is one of those quotes. I can bet one of my kidneys that you'll come across it…
18 December 2023
- NAIROBI, Kenya, Dec 18 – President William Ruto has said the government is committed to bolstering intergovernmental relations to strengthen devolution. The President said his administration has effectively supported county governments to enhance…
18 December 2023
- In general, disagreements over money and finances are always cited as one of the leading causes of divorce. Yet, many people are blind to the financial warnings that manifest themselves right from the first date. Conversations regarding the…
18 December 2023
- Getting your first job after college might be challenging in general. But running a successful business is also not simple. The decision of whether to start your own business or look for a job will affect you for the rest of your life. Although it…
18 December 2023
- If you have lived in Nairobi for more than three months, you probably have been robbed or know someone who has fallen victim to the city’s marauding gangs. The situation has particularly become dire over the past month - attributed to the growing…
18 December 2023
- Having money does not necessarily make you happy, but yet again not having any money or poor money management skills can make you very unhappy. It is time to take full control of your finances, do away with any stress you might have with money and…
18 December 2023
- How did your friends influence you this year? Did they help you achieve your financial goals, or were they the reason you fell short of your saving goals? It is impossible to treat your friendship and finances as oil and water. They are bound to…
18 December 2023
- Do you ever find yourself longing for financial control? The ability to balance your income and expenses, save money for the future, and steer clear of debt? It's a desire shared by many, and the key to achieving it is creating a well-structured…
18 December 2023
- Other people’s money (OPM) refers to leveraging finances outside your pockets to increase your net worth. It refers to borrowed capital that is used to increase the potential returns.
18 December 2023
- Receiving your first paycheck is a euphoric feeling and a gateway to independence for many people. However, to become financially prudent, it's essential to maximise the value of every shilling you make. Your early financial success is determined…
18 December 2023
- This has been a tough year for many people and even tougher on parents because of the challenging economy. With your kids depending on you and many financial obligations to attend to, your budget might be restricted. You might be forced to limit…
18 December 2023
- NAIROBI, Kenya, Dec 18 – Kenyans can now access DJ mixes for Sh5 per day following a deal between Mdundo.com and Safaricom. The service also aims to monetize music for artists. “Collaborating with Safaricom to introduce our subscription plan is a…
18 December 2023
- Kipchimchim Group, which owns West Valley Sugar Factory, traces its roots to humble beginnings to its late chairman, Mr Samwel Ngetich Kipsoi, who founded it in the year 2000.
18 December 2023
- As the end of the year approaches, it’s essential to take time and review your spending habits. The reason for doing this is simple: get valuable insights to help set you up for a successful year ahead. And the best way to do that is to look at…
18 December 2023
- Building your net worth takes time and effort. You should ensure that you are always thinking long-term and doing enough research. But by following the right approach, you can get there. Always ensure you are accumulating the right asset, reducing…
18 December 2023
- American clinical psychologist, Sheila Forman, says that emotional spending helps many people feel better and that it is a long-standing coping mechanism. An emotional spender uses shopping- whether online, in person, or both- to soothe what ails…
18 December 2023
- Identity theft is a serious crime that can lead to huge financial losses for victims, as well as the risk of jail time in the case of criminal identity theft. It is therefore of utmost importance that you are aware of how identity theft happens,…
18 December 2023
- The interest earned on a daily basis is referred to as the daily yield, it is disclosed to the Capital Markets Authority (CMA) - which regulates all MMF fund managers in Kenya. The daily yield typically fluctuates depending on how well or poorly…
18 December 2023
- This is the fifth article in a series of articles exploring the main places to keep your savings for maximum benefit according to the reasons you are saving for. We began by exploring the 7 main places to keep your savings, delved deeper into the…
18 December 2023
- Buy a car in cash, and you're free from the potential hassles that come with car financing. It's a relief to not have to deal with car financing costs like processing and disbursement fees, monthly interest payments that can stretch for years, or…
18 December 2023
- Investing might not top your priorities when fresh out of college and into your first job. You’re probably planning for big purchases, a vacation, or even starting a family. But whatever your goal is, they all have something in common — a need for…
18 December 2023
- Medical situations, delayed paychecks, and unforeseen needs might all cause you to take out short-term loans. Is getting into debt, however, the best option? Even though short-term loans can help you get out of financial difficulty, they can have a…
18 December 2023
- Negotiating the price of a car is an essential skill that can save you money and give you peace of mind. By doing your research, being thorough in your preparation, and avoiding common negotiating mistakes, you can easily navigate the car-buying…
18 December 2023
- Choosing the right car is an important decision that can significantly impact your daily life. You can find the one that best fits your lifestyle by considering your needs and preferences and the different types of vehicles available.
18 December 2023
- Financial slip-ups happen all the time and to the best of us. Many Kenyans admit to having committed not just one or two but countless money mistakes, leading to deeper financial struggles.
18 December 2023
- Personal loans are generally well understood and a common source of credit by Kenyans. But, did you know that credit cards can provide the same relief personal loans do plus a wide range of rewards and interest-free periods? If that is the case,…
18 December 2023
- Returning home after college can be a wise decision for recent graduates to both save money and determine their future aspirations. However, it is essential to make the decision carefully, as this choice can either be a helpful stepping stone…
18 December 2023
- No matter what stage of your career you are at, whether you are looking for a job or you have an internship, it is important to build relationships with these top seven people in your network.
18 December 2023
- Raising children is not a walk in the park, any parent would attest to that. Managing a family's needs and wants with factors such as savings, pension, and budget can really be challenging. Family finances are a subject of trial and error for many…
18 December 2023
- Maintaining a low debt-to-income ratio is essential in demonstrating your financial health to lenders. However, it's not the only factor that lenders consider. As a borrower, you must take steps to make smart borrowing decisions.
18 December 2023
- BARCELONA, Spain, Dec. 18 (Xinhua) — China’s economy is displaying positive signs of recovery following the challenges posed by the pandemic, as highlighted by experts in Spain from academic, business, and institutional domains with engagements in…
18 December 2023
- College life often brings with it a sense of adventure and camaraderie. It is a time when friendships are forged and memories are made. But living on a tight budget at this juncture is often a reality. As students navigate the challenges of higher…
18 December 2023
- It is the dream of the vast majority of Kenyan students to attend college or further their education past secondary school. It might be disheartening to realise this dream could be thwarted due to a lack of funds and an inability to afford…
18 December 2023
- When setting out to buy a car, most budget for obvious costs such as the actual price, a rough estimation of fuel costs, and insurance. The excitement of getting a new ride often comes in the way of an objective analysis of associated costs that…
18 December 2023
- The 50:30:20 rule can be a really great budgeting method for many. But specific circumstances will determine whether this method is the right one for you. Nevertheless, dividing your income into three distinct 'buckets' in order of priority can…
18 December 2023
- Money market funds are appropriate for investors with low-risk tolerance. As an investor, you should look for funds with a proven track record and a constant growth rate.