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Time banks lowered interest rates to attract home owners

You must have seen it by now: the dance craze where people go down as low as their limbs would allow. They are overjoyed and in one accord. But even before you can get a clue to what the excitement is all about, the dance ends abruptly with the message:…
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Treasury invites Kenyans to ‘tweet’ their budget views

Kenyan citizens will for the first time contribute to the formulation of the National Budget using social media technology, as part of a strategic push by the government develop a more inclusive document under the new constitution. Hoping to include a more comprehensive snapshot of the concerns of citizens, the…
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Career Focus: George Lutta

George Lutta is the brilliant, charismatic CEO of Media Initiative, a Media Buying unit owned by Scangroup. How was his journey to the top? He was gracious enough to sit with the Money Academy and take us through his life journey. Here’s his story. ‘I figured out early…
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A Portfolio Perspective on Investing

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…
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Sweat the Small Stuff

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…
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Weddings – The Unexpected

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…
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Dealing With The Green Monster- DEBT [Part 2]

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.’
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Dealing With The Green Monster- DEBT [Part 1]

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.’
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Weddings – The Expected

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…
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First Job Chronicles- Mutheu's Story

While formal employment for me started in 2001, right after college, I was lucky enough to have had voluntary experience in different capacities at the YMCA and at St. John Ambulance Brigade, in Kenya. I had the chance to interact with people of different calibres and…
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