The Cost of Not Wanting To Wait
My mother bought her first sewing machine back when hire purchase was the in thing. Most guys were yet to factor in the additional costs of making such purchases and it was seen as the most ideal mode of buying, especially to those who wanted things now and…
The Checkbox Syndrome: Stop Obsessing Over Specs and Upgrades
This is not just an age of information overload, but it is slowly becoming an age of product overload. There is just so much to choose from. How many anti-bacterial soap adverts do you see on your TV in one night? There are just so many soaps with a ‘secret…
KCB Lowers its Lending Rates
Customers at KCB-Kencom Branch banking Hall in Nairobi. (Picture: Business Daily) Kenya Commercial Bank (KCB) group has announced that it will be lowering its base rates by close to 3 percentage points beginning June 1st. The lender will drop its average lending rate which has been at 25% to…
The Upwards Trend In Fuel Prices
The recent pump price review by the Energy Regulatory Commission (ERC) has seen the price of Super Petrol continue its upward trend to KES 121.13 in Nairobi, the highest since November 2011. The reduction of tax on Kerosene, which was expected to cushion Kenyans from high costs of…
Have You Tried Group Buying?
The idea of group buying is not a new thing in business circles as many businessmen have been doing group buying on overseas purchases. However, the concept is still new and few people are learning how to take advantage of this useful platform. The idea for home goods group buying…
Small Banks Come to Borrowers' Rescue
In the wake of all financial difficult times in the country, it has emerged that groups have been befitting their own for survival, literally. A recent survey by The Central Bank of Kenya (CBK) reveals that small banks have been lowering their lending rates for the three months in…
Why Fuel Prices Shot Up
The recently announced pump prices have seen the price of Super Petrol increase by KES 2.63 to retail at KES 121.13, while Diesel has reduced minimally by 36 cents to retail at KES 108.44. The price of Kerosene has increased by 72 cents to retail at KES 87.00.
The Danger of Comparing Yourself to Others
A certified financial planner, blogger, CEO and founder of Alliance Wealth Management, LLC gives his views as to why people should simply quit comparing themselves to others. Jeff Rose, who blogs at Good Financial Cents shares his own experience at CrossFit, a strength and…
Great Future for Mobile Money
The future and development of mobile money in Kenya is taking a greater and fast turn than it was expected. Over a short period of time, mobile money transfer has become the most popular mode of payment and transfer of cash in the country. In a recent global survey done…
Laws That Should Protect You From Rent Increment
Kenyans have for the longest time been victims of exploitative property owners who hike rent whenever they like with no regard, what-so-ever, to their tenants. There have been attempts to safeguard tenants from such exploitative landlords, but these attempts have been frustrated by the procedures entailed…
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