Latest investment stories from across Kenya.
The Question: My name is Gilbert. My wife and I have new jobs as primary teachers upcountry. We both earn a net salary of Sh. 28,000 each. We have two kids. One is in nursery PP1 and the other one is a toddler at home. These are our first…
Investing your money is the most reliable way to build your wealth over time. And while there is no universal way to make your money work for you, there is no better strategy than to diversify your portfolio. What matters is your desire…
The Question: My name is James and I am 25 years old. I am not yet employed but I am able to generate between Sh. 20,000 and Sh. 45,000 income monthly from online jobs. By the end of the month, though, I am left with Sh. 1,000 or less.…
Why is it so hard to “save” for an Emergency Fund! Emergency Funds are funds that you are supposed to set aside with the intent that this fund will solely be touched if and when an occurrence that is not anticipated or that is an emergency…
Bamburi shares hit a high of Sh. 70 per share a day after Kenya’s Savannah Clinker Limited offered to acquire the entire Bamburi Cement company for Sh. 25.41 billion. At the end of trading on Thursday August 29, 2024, the Bamburi shares…
I am 45. I am working in Nairobi. I am married, with 4 kids, 2 in high school. I am newly employed and I haven’t earned my first salary yet. I have worked and lived in Nairobi for a decade but saved nothing, though I’ve built a house, paid…
I live in Naivasha. I am 28 years old with a net salary of about Sh. 36,000. I am newly married on a come-we-stay customary basis and I am contemplating relocating to a more spacious one bedroom self contained with a kitchen at Sh. 12,000…
You have a Money Market Fund Account…Is it working for you? The answer lies to the reason of why you opened it in the first place, if you even had one. ➡️Is it a fund for your emergencies? ➡️Is it a fund to protect your capital? ➡️Is it a…
On July 23rd, 2024, Faulu Microfinance Bank launched its highly anticipated Money Market Fund in partnership with Old Mutual Investment Group (OMIG) Faulu MMF was launched a month after receiving a capital injection of Sh. 900 million from…
The Kenya Police Sacco was established in 1972 as a deposit-taking institution (DT Sacco), starting with 690 members. It has since grown to include tens of thousands of members. As the name suggests, is the Kenya Police Sacco membership…
Kenyan Savings and Credit Cooperatives (SACCOs) serve as financial communities for their members. They offer secure savings and loan services, with the best SACCOs known for their reliability, competitive interest rates, and excellent…
