Saving, saving, saving. This is the sacrament of any financial institution. Yet the older you get the harder it gets to start. So maybe you should start cultivating a habit of saving in your kids. Make it easier for them.
Very few people actually like their landlords. For those who are living pay check to paycheck, extra rental fees can be a nightmare. Add to that, the fact that housing prices are subject to constant changes that can happen at the flick of a wrist. To…
Aside from providing the basic needs like food, clothing, shelter and education, the working man is expected to give his children something extra; even after they finally graduate.
Whether it’s a bungalow, a maisonette or an apartment, everyone needs a place they can call their own. However, Britam reports that Kenya’s property market can only provide 30,000 houses a year despite a demand for more than 200,000 units annually. What’s more, the number of…
CIC Insurance has launched a low-cost cover package for members of the informal sector. The new product, dubbed Nuru Ya Jamii, is a house, life and personal accident insurance policy that allows low income earners to insure their homes for as little as KES 480 a…
Car insurance is one of those things that are never really useful until they are useful. Until someone hits you, or vice versa, it is just another expense that you'd rather ignore. What are your options with this?
Some Kenyans with house insurance tend to assume that everything is covered under whatever policy they take up. The truth of the matter is, only a comprehensive cover can yield relatively substantial returns in the event of an accident.
Kenyans may soon have access to more low-cost homes as Ujenzi Bora makes plans to introduce cheaper housing models into the market. The housing-procurement firm has set up a task force comprising of architects, engineers and consultants to design at least 5 new affordable house models.
In 2009, the government passed a bill that would allow pension holders to use their schemes as mortgage collateral. Shortly thereafter, British American Insurance signed a merger with Housing Finance allowing plan holders to purchase homes using part of their accumulated pension. This means that anyone…