fxpesa Finance & Investment

Top 10 Best Forex Trading Platforms in Kenya

  • August 12, 2024
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Forex trading has gained immense popularity in Kenya over the past decade, attracting both novice and experienced traders seeking to capitalize on currency fluctuations. With the rise of internet penetration and the increasing awareness of global financial markets, more Kenyans are venturing into forex trading. However, choosing the right forex trading platform is crucial for […]

AIB-AXYS Africa Finance & Investment

Top 10 Best Stockbrokers in Kenya

  • August 12, 2024
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The stock market in Kenya has grown significantly, attracting both local and international investors. As a gateway to investment opportunities, stockbrokers play a pivotal role by facilitating the buying and selling of shares and providing expert guidance on market trends. Choosing the right stockbroker is crucial for anyone looking to invest in the Nairobi Securities […]

Stima Sacco leadership Finance & Investment

How SACCOs Calculate Dividends for Members

  • August 12, 2024
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Savings and Credit Cooperative Organizations (SACCOs) are a cornerstone of financial empowerment for many people, especially in Kenya and other parts of Africa. They offer members a platform to save money collectively and access affordable loans. One of the key attractions of SACCOs is the dividends they pay to members, which often serve as a […]

peter ndegwa safaricom CEO Industry News

Safaricom Expands 5G Network Coverage Across All 47 Counties in Kenya

  • August 12, 2024
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In 2024, Safaricom (NSE: SCOM) achieved a significant milestone in its efforts to lead Kenya’s digital transformation, announcing that it has surpassed 1,000 active 5G sites nationwide. With this expansion, Safaricom’s 5G network now reaches all 47 counties, extending its coverage to 14% of the Kenyan population. The company now boasts 1,114 5G sites spanning […]

kra center Finance & Investment

How to Report Money Market Fund Income on Your KRA Tax Return

  • August 12, 2024
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Investing in money market funds (MMFs) is a popular choice among Kenyan investors seeking a low-risk option with relatively stable returns. However, as with any income-generating investment, it’s crucial to understand how to properly report the income earned from money market funds on your Kenya Revenue Authority (KRA) tax return. This article provides a detailed […]

kenyan money in hand Finance & Investment

Why Bonds Are Considered a Safe Investment: A Comprehensive Overview

  • August 12, 2024
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Bonds have long been considered one of the safest investment options available, appealing to both conservative investors and those looking to diversify their portfolios. Unlike stocks, which can be volatile and subject to dramatic price swings, bonds offer a more predictable and stable return. This article explores the reasons why bonds are considered a safe […]

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Where to Buy Organic Produce in Kenya: A Comprehensive Guide

  • August 12, 2024
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With a growing awareness of health and sustainability, more Kenyans are seeking out organic produce. Organic farming, which avoids the use of synthetic pesticides and fertilizers, is not only better for the environment but also offers consumers healthier and more nutritious food options. As the demand for organic produce rises, so does the number of […]

From left to right: Equity Life Assurance (Kenya) Limited Managing Director, Angela Okinda, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Group Chief Risk Officer, Sam Gitwekere, during the H1 2024 Investor Briefing event. Equity Group Holdings has registered a 12% growth in profit after tax to Kshs. 29.6 billion for the period ended 30th June 2024 compared to a similar period last year. Deposits grew by 11% to Kshs. 1.3 trillion up from Kshs. 1.2 trillion while total assets grew by 6% to Kshs. 1.75 trillion up from Kshs. 1.64 trillion. Regional businesses contributed 49.7% of total assets and 50.2% of profit before tax for the period. The Group also diversified with the receipt of a General Insurance license and recorded highest market capitalization in Sub-Saharan Africa. Industry News

Equity Group Resilient Amidst Economic Challenges, Reports Strong Half-Year Performance

  • August 12, 2024
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In the face of persistent macroeconomic challenges, including high interest rates and volatile exchange rates across the regions it operates in, Equity Group Holdings Plc (EGH) has once again demonstrated its resilience. The Group reported a 6% growth in its balance sheet, surpassing the prevailing inflation rate of 4%, bringing its total assets to Kshs.1.75 […]

Lycée Denis Diderot Real Estate

Languages Offered in Kenyan International Schools: Beyond English and Swahili

  • August 12, 2024
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Kenya’s international schools have long been recognized for their diverse and rigorous curricula, catering to a wide range of expatriates and local families seeking a global education. While English and Swahili are the foundational languages of instruction in the country, international schools in Kenya go beyond these two languages, offering students a plethora of linguistic […]

Money in Kenya Finance & Investment

The Future of Money Market Funds in Kenya: Trends to Watch

  • August 12, 2024
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Money Market Funds (MMFs) have increasingly become a popular investment option in Kenya, offering a low-risk and relatively stable avenue for investors to park their savings while earning competitive returns. As the financial landscape continues to evolve, the future of MMFs in Kenya is set to be shaped by several key trends that investors and […]