How Much Does Matatu Uncertainty Cost You?
Budgeting is a pivotal item in managing personal finances, which many people have either succeeded in or failed at terribly. A properly prepared budget could lead to properly informed purchases and expenditure which in most cases builds the base block for saving to take place. In Kenya, transport is an…
Fuel Prices Could Fall Significantly
International oil prices fell below $90 a barrel for the first time in over seven months on Wednesday, a fall attributed to the tumult in the Eurozone, excess supply and positive news from Iran. The price of Murban crude oil appears to have stabilized at $84.80,…
Einstein’s School of Hard Knocks
Albert Einstein ranks top on my list of men who represent the virtue of excellence. He is inarguably one of the smartest men to walk on this earth, an average at best in school but a man of uncanny wisdom. Below are a couple of lessons we…
Banking With Orange Money
Equity Bank is Orange Money’s preferred mobile banking partner with relatively friendly transaction rates as compared to those of other banks. Below is a comparison of transfer rates from Orange Money to a Equity Bank account and to other bank accounts. data sourced from: orange.co.ke The transfer rates from…
Should You Track Your Net Worth?
“The true estimates of your financial intelligence is not how much you make but how much you are able to keep” – Roshawn Watson We received a positive response on Monday’s post: Want to Know Your Net Worth and figured we should have a…
Counterfeit Nightmare Coming True
In 2007, China executed a former director of its food and drug agency for approving fake medicine in exchange for cash. This move was at the time when the far Eastern economic giant was preparing to host the 2008 Summer Olympics in Beijing. A local newspaper last weekend carried a…
Banking With Airtel Money
Like the case of M-PESA-to-bank, Airtel Money allows you to conduct all your banking transactions in the comfort of your phone. You can withdraw and deposit cash into you account plus also transfer funds to another person’s bank account. Bank’s partnering with Airtel Money mobile banking…
Do NOT Trust the Experts
Economist Tim Harford illustrations why experts and "experts" cannot really predict which shares are the most promising. What do you think?
Will Alternative Money Solve Our Many Problems?
Bernard Lietaer, ex-banker in Belgium and author of The Future of Money believes in alternative currencies. According to him, the design of money is the root of all that happens or doesn’t happen in society- that money is not really needed to solve the world problems, but it is…
Want to Know Your Net Worth?
A survey by Forbes Magazine of the richest people in Africa ranked Deputy Prime Minister Uhuru Kenyatta 26th with a net worth of $500 million, approximately KES 42,480,000,000. Business tycoon Chris Kirubi was ranked 31 with a net worth of $300 million, approximately KES 25,488,000,000. So,…
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