Saving money is a fundamental step towards financial stability, and choosing the right savings account is crucial for maximizing the benefits of your hard-earned money. In Kenya, numerous banks offer savings accounts with varying features, interest rates, and benefits. This article provides a comprehensive guide to the top 10 best savings accounts in Kenya, helping […]
Kenya’s tax system is essential for generating government revenue, funding public services, and fostering economic development. For businesses and individuals operating in Kenya, understanding and complying with tax regulations is crucial for avoiding penalties and ensuring smooth operations. This article delves into the key aspects of Kenya’s tax system, offering a detailed guide to compliance. […]
Savings and Credit Cooperative Societies (SACCOs) have become a popular financial solution for many Kenyans, offering a platform for savings, loans, and investment opportunities. However, while SACCOs provide significant benefits, it’s crucial for members to understand their legal rights within these institutions. Knowledge of these rights not only empowers members to protect their interests but […]
Filing for bankruptcy is a legal process that provides relief to individuals or businesses unable to meet their financial obligations. In Kenya, bankruptcy is governed by the Insolvency Act, 2015, which outlines the procedures, rights, and responsibilities involved in declaring bankruptcy. While bankruptcy can offer a fresh start for debtors, it’s a complex process that […]
In today’s digital age, social media has become a powerful tool for promoting events, especially in Kenya, where platforms like Facebook, Instagram, Twitter, and LinkedIn have a significant user base. Whether you’re organizing a corporate event, a concert, a product launch, or a community gathering, leveraging social media can help you reach a broader audience, […]
Starting a catering business in Kenya is a rewarding venture that combines creativity with a passion for food. With the country’s growing demand for event services, from weddings and corporate events to private parties, the catering industry presents a lucrative opportunity for entrepreneurs. However, like any other business, starting a catering service requires careful planning, […]
Kenya is renowned for its vibrant culture and rich heritage, reflected in its unique handicrafts. From intricately carved wooden sculptures and Maasai beadwork to handwoven baskets and vibrant textiles, Kenyan handicrafts have a strong appeal in international markets. Starting a handicraft export business in Kenya can be a profitable venture, but it requires careful planning, […]
The Co-operative Societies Act is a fundamental piece of legislation that governs the operations of Savings and Credit Cooperative Organizations (SACCOs) in Kenya. This law establishes the framework within which SACCOs operate, ensuring they are managed transparently and responsibly to protect the interests of their members. As a SACCO member, understanding the provisions of the […]
Savings and Credit Cooperative Organizations (SACCOs) play a crucial role in Kenya’s financial ecosystem, providing members with access to savings, credit, and other financial services. However, like any financial institution, disputes can arise between members and their SACCOs. These disputes may involve issues such as loan terms, savings withdrawals, interest rates, or even governance matters. […]
Kenya’s state corporations and parastatals are a significant part of the economy, offering numerous job opportunities in sectors such as energy, agriculture, transport, finance, and education. These organizations are government-owned but operate with some degree of autonomy, which allows them to hire talent to help achieve their specific mandates. Applying for a job in a […]
