Before Deciding to Borrow From the Bank
With the current tough financial times, more and more people are getting desperate for money and would do almost anything to fund their budget deficits. Commercial banks have discovered this harsh reality and are capitalizing on it by coming up with innovative ways of luring you to borrow from them.
Do’s and Don’ts of Buying Land or Property: Distinguishing between Real and Fake Estate Agents
Estate agents are the to go to people when you are looking for that ideal piece of land or property. All you have to do is describe to them what you want and where you’d want it to be, and they’ll hook you up “Pap”. Though there’s one golden rule…
Max and Mike take Tanzania’s IT market by storm
Inspiring Internet entrepreneurs: Jammi Forums surfs on Internet technology. When it comes to playing with tech toys, these two are making it happen. Friends Max and Mike have known each other for years and have a couple of things in common: they love technology and they both have…
Do’s and Don’ts of Buying Land: Searching for That Land to Invest On
Location determines so many things when it comes to buying land. One has to consider so many things. Example: Accessibility to your place of work, your school or children’s school, accessibility to basic amenities, good road network and a host of many things. It makes no sense to have your…
How To Start A Business With No Money
Catchy title, right? So you want to be in business for yourself but you have little or no cash to put up as capital. You are well aware that the funding options for start-up businesses are severely restricted; you may even have heard that only about 3% of people looking…
Turning Your Hobby into Your Business
One can utilise one’s own skills and imagination to build up a viable business. Such is the case with entrepreneur and inventor Asidu Abudu who has dreamed up inventions of mechanical devices to make and now has emerging as a successful venture. Asidu Abudu sits in his workshop surrounded by…
The Rate at Which the Fuel Price has Been Increasing
The cost of basic goods and services has been on the rise with the increase in fuel prices. In this weeks Face off Friday segment we’ll look at the trend at which the fuel prices have been increasing, from the period: 15th December 2010 to date In the recent past,…
14 Ways of Living below Your Means
Live a comfortable life, not a wasteful one. Do not spend to impress others. Do not live life trying to fool yourself into thinking wealth is measured in material objects. Manage your money wisely so your money does not manage you. Always live well below your means. Redefine your definition…
The Do’s and Don’ts of Buying Land in Kenya : Introduction
Imagine, after months or even years of scouring and scanning around for that ideal piece of land to invest in, you finally find one. It is in an ideal location, its asking price is somewhat within your price range. You quickly go ahead and purchase it before this lucky opportunity…
To Grow or Not To Grow
The merits of growth are not only a consideration for large companies but should also be ingrained in the thinking of the SMME entrepreneur. It is obvious that growth is a natural function of business, particularly in light of the economic need for job creation. Apart from the usual pressures…
Monica, Kenyan female Entrepreneur Excels in Trucking Business
This self-starting woman began a trucking operation known as Workmanship Ltd, a freight and transport company in Kenya. As a sensible and practical entrepreneur Monica took her time to build the business she wanted. Not one to rush in unprepared, she considered her options, did thorough market research and carefully…
Teens and Money
I always stress on the importance of starting your wealth journey young, however that’s often easier said than done. Teens today are in control of more money than ever, thus it is important for parents to teach their teens how to use their money wisely and to be smart about…
Sticking to Your Monthly Personal Budget
It’s one thing to come up with a budget but sticking to it is another. Keeping a budget is like keeping to a diet, it sucks, it is a nuisance and a pain. However, it’s a necessary evil that we have to put up with. It’s only through that budget…
Buy yourself a business
Sometimes it’s easier to buy an existing business than to start a new one. But what should you look out for when looking to spend your money? The saying goes: a fool and his money are soon departed. And this is especially true when it comes to buying an…
Aly Khan Satchu: Financial Brilliance
Most who know Aly Khan Satchu, or Aly Khan as he is popularly known, know that he is one of the best minds on Kenya’s financial markets and trading floors. Having established his skills early in life, he relocated back to Kenya, and he has made a significant difference in…
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