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Centum Issues Profit Warning: a decline in the fair value gain on investment property held in our portfolio

Centum Investment Company Plc has issued a profit warning, projecting a decline of at least 25 percent in net earnings for the financial year ended

Business

Why Kenya’s New Car Tax Rules Are a Major Setback for Importers and Consumers

The business of importing used cars into Kenya is facing its biggest shake-up in years—and not in a good way. Starting July 1, the Kenya

Business Personal Finance

Here’s Why You Won’t Be Able to Buy TCL and EA Cables Shares Anymore

If you’re looking to invest in TransCentury Limited (TCL) or East African Cables at the Nairobi Securities Exchange (NSE), think again. The Capital Markets Authority

Business Personal Finance

4 Side Hustles Employed People In Kenya Can Easily Start And Make A Profit

As the cost of living in Kenya continues to rise, more and more employed people are looking for ways to supplement their income. Side hustles

Business Personal Finance

Usijaribu!! Why You Shouldn’t Take a Sacco Loan to Invest in a Money Market Fund (MMF)

In the pursuit of financial growth, many Kenyans are exploring savings and investment options like Saccos and Money Market Funds (MMFs). While both are useful

Business Personal Finance

How Politicians Control Your Finances and Keep You Poor: The Harsh Economic Reality

In many African countries, especially Kenya, the economic playing field is anything but fair. While the political elite thrive in luxury, ordinary citizens are trapped

Business Personal Finance

Government to Deregister Non-Compliant Saccos in Major Sector Cleanup

Savings and Credit Cooperative Societies (Saccos) that have failed to file audited financial statements with the Ministry of Co-operatives for the past three years will

crypto
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Kenyans Banks Now Ready To Facilitate Crypto Deals- CBK Survey

Kenyan banks are positioning themselves to offer cryptocurrency-related services in the future, a new survey by the Central Bank of Kenya (CBK) has revealed. The

Business Personal Finance

HELB ME!! 10 Ways Student Debt Can Derail Your Life

Student debt can be a significant burden in any country, including Kenya. While the Kenyan education system has its unique challenges, student loans can have

Business

Pocket Change? Former KenolKobil CEO Ordered to Pay Ksh 5 Million For Stake Scam

The Capital Markets Tribunal has upheld a Ksh 5 million penalty against Jacob Israel Segman, the former CEO and later chairman of KenolKobil (now Rubis),

Business Crypto Personal Finance

This Is The First Question You Need To Ask Yourself Before Investing In Anything

One major problem a lot of us face, when we start our investment journey, is that we let ourselves get blinded by emotions. We, in

Business Personal Finance

Dunning-Kruger effect: Why Businesses In Kenya Are Always Find It Hard To Satisfy Customers

It’s easy to find a business but very hard to get an expert in that particular business in Kenya. How many mechanics can fix your

Business Personal Finance

Trump Effect: Exodus of NGO Workers Triggers Panic Among Nairobi’s Prime Property Owners

There’s growing anxiety among high-end property owners in Nairobi as a wave of expatriate workers—mostly from international NGOs—begin to vacate their homes in posh neighbourhoods

Business Personal Finance

Why Every Kenyan Business Owner Needs to Master Personal Finance

In Kenya, entrepreneurship is booming. From mitumba sellers to online boutiques, tech start-ups to kinyozi owners — more and more Kenyans are taking the bold

Business Personal Finance

Why You Are Always Broke! Mistakes Kenyans Make When They Receive Substantial Income Increase

Whether you received a substantial salary increase, experienced success with your side hustle, or secured a fantastic new job with a higher income, your hard

Business Personal Finance

The Real Reason Why the Shilling Has Been Stable at 129 Against the Dollar For Nine Months

For nearly nine months, the Kenyan shilling has held steady at around 129 to the US dollar—a rare stretch of currency stability in a time