Budgeting Your Way Out of Debt
To most, living by a budget is a life void of fun. It’s assumed to be lifestyle crunched with numbers trying to confine oneself to a restricting lifestyle. Done correctly, budgeting ought not to be that way, if anything; a budget should relieve all strain on your financial…
The Stock Market Today
The NSE 20 Share Index closed a 3971.68, a increase of 4.12 from last Friday’s 3975.80 points. The All-Share Index performance was down 0.57 points from last Friday’s 87.54 points to close at 86.97 HIGHEST VOLUMES Mumias Sugar Company was the highest traded counter today with 1.98 million shares traded while…
Will Duty on Mobile Money Affect You?
Finance Minister Njeru Githae has said that the introduction of a 10% excise duty on mobile money transfers and any other fees charged by other financial institutions will not affect the consumer in anyway. The Minister clarified that the duty will be paid by the service providers and will…
The Twelfth Man
Football is associated with passion, emotion, excitement and dedication. A game that is so intense that it could make a man break down into tears. This is the story of the twelfth man, a staunch football fan.
Hill+Knowlton Wins PR and Marketing Award
Hill+Knowlton Strategies East Africa has been named the transaction adviser of the year (PR and Marketing ) in this year’s Think Business Capital Markets Awards. The panel of judges unanimously awarded the agency for its role…
Flexible Housing Loans, What You Need To Know
A flexible mortgage is a housing loan that gives the borrower the freedom to make payments whenever the money is available. Sounds like the ideal type of loan doesn't it? But what does the fine print say?
My Money in My Twenties: My Financial Milestones
Most 20 year old start working early in their twenties. Compared to 30 year olds, 20 year olds have less financial responsibilities meaning they are at an ideal age to start accumulating wealth. Are you on the path to accumulating wealth? Here are a couple of financial mile stones, searched up from the internet, which you ought to have covered by the time you turn 30.See how well you match up.
Buy Data Bundles, Get a Free Modem and Save KES 1,999
Safaricom Limited have unveiled a new modem offer where subscribers buy 4GB data bundle at KES 2,999 and get a free modem. Let’s see how much you stand to save from the offer. From our inquiry, the above free modem has 7.2 Mbps download and 5.76…
The Stocks We're Watching Today
Our focus today on Nairobi Securities Exchange stocks watch shall be on the telecommunication and technology sector with specific attention to the Safaricom counter. We shall also be looking at the Standard Chartered Bank and Williamson Tea Ltd counters. See a summary of last Friday’s share trading …
Business Plans, and Handling Them
I remember the first business plan I ever wrote. It was about thirty pages long. It was really boring if I say so myself as I had simply put in as much information as I could to overwhelm anyone attempting to read it so that they would hopefully take me seriously. And it was rather silly.
8 Things You Should Know this Morning
1. Counties Face KES 133Billion in Budget Crisis, MPs Warn A new parliamentary report has exposed massive poverty in the counties, which requires a cash injection of Sh133 billion next year to help plug their budgetary deficits, if they are to function adequately. All the…
List of Tax Defaulters To Go Public
Those of you who will fail to remit their taxes to Kenya Revenue Authority (KRA) will be named and shamed in public. Finance Minister Njeru Githae has introduced a clause in Kenya’s tax laws in an amendment to the Income Tax Act that will ensure that any…
SACCO Deposits Grew 22.5% in FY 2010/2011
Savings and Credit Cooperative Society (SACCO) deposits grew by 22.5% in 2011 to stand at KES 180.0 billion from KES 157.5 billion in 2010. This is an indicator that the SACCO sector has been playing a big financial services provision especially in loan advancements for middle and low…
8 Junior Savings Accounts For Your Kid
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.
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