Nairobi and its environs were hit by a fuel shortage despite assurances by the industry that there were enough supplies for the long weekend. Most filling stations in the city centre ran out of petrol but had plenty of diesel. Out of the 11 petrol stations the Nation team…
Electricity consumers in the Coast, Rift Valley and Western provinces are expected to start paying for their power in advance as the Kenya Power and Lighting Company expands its prepaid meters programme out of Nairobi. This is a departure from the post-paid arrangement where customers use electricity and pay for…
Clearly, Money can’t make you happy, nor can its pursuits, or the things you can buy with it. BUT the freedom of movement it provides, the ease and convenience, and the possibilities of positioning do indeed solve most, if not all of life’s physical dilemmas.
Have you ever wondered where money came from? Where credit and mortgages originated from? When did gold get out of fashion? Watch the Ascent of Money by Niall Ferguson who takes us through the history of money and how we got to bubbles and crises. The Ascent of Money Part…
Since I track the Nairobi Stock Exchange closely most of my friends and family constantly ask me; ‘which stock is hot? , where can I double my money fast? , Financials or industrials. I usually have one response prepared for these type of queries – that depends. I am…
You may be wondering why we have put this up on a personal finance site. Truth is we all need food, we also need to cheaper and innovative find ways of producing food. The cost of living is directly affected by what we pay for food and the sooner we…
It’s Friday afternoon. Mr. Shah walks into his bank with the statements that he has just received. Being Friday there is a long queue but he waits patiently. He finally gets to the counter at about 3:45 p.m. The teller, Jane, knows that this is her last client and he…
You have seen this man hype up some of Kenya’s prominent events and engage a crowd with his smooth and inspired words. Amani Maranga is a renowned Master of Ceremony and Public Speaker who calls himself a communicator with purpose. He is a man with no regrets and a whole…
In my opinion, Kenya Commercial Bank (KCB), is one of the most undervalued banking stocks trading at the Nairobi Stock Exchange. After announcing a 50% jump in Earnings per Share (KES 2.76 versus 1.84) for the year ending 31st December, the audited results indicated that total assets had hit…
When planning for anything we often come across things that we did not anticipate. These things more than often set us back quite a bit. Trick is to be prepared for it. How one prepares for something they just don’t know about is the tricky part. Wedding wise, this post…
Remember: ‘Use debt as an opportunity for growth. If debt has beaten you down, why not learn from the experience? Change your measuring stick. Money is not the measure of all things. Remember, you live in a society, not an economy.’
In as much as cosmetics are widely used in Kenya, they are still perceived as a western concept with no original African brands. So it comes with great surprise to learn of Suzie Wokabi who is making strides, not just in the fashion industry but with cosmetics and with her…
Remember: ‘Use debt as an opportunity for growth. If debt has beaten you down, why not learn from the experience? Change your measuring stick. Money is not the measure of all things. Remember, you live in a society, not an economy.’
Weddings, there’s a lot of weight on this word. Those who have been through it will tell you. Before I got married I made a point of meeting married couples and pick their brain. I guess it was a subconscious way of assuring myself that I was on the right…
1. Know Yourself Every individual and institutional investor is different. This matters a lot in terms of needs and objectives and constraints of the investor, in finance, it’s called an Investment Policy statement (IPS). The IPS is more or less a guide on the whole investment process. 2. Know the…