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Government Achieves Major Milestone in Wage Bill Management, Targets Further Reductions

  • August 29, 2024
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Kenya’s Salaries and Remuneration Commission (SRC) has reported significant progress in its efforts to manage the country’s public wage bill, a critical component of national fiscal policy. Over the past six years, the SRC has implemented strategic interventions that have resulted in a notable reduction in the wage bill-to-revenue ratio, an essential indicator of fiscal […]

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Treasury Bills Auction: 91-Day T-Bill Oversubscribed by Over 400%, Longer Tenors Struggle

  • August 29, 2024
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Kenya’s latest Treasury bills auction saw a massive oversubscription for the 91-day T-bill, with bids amounting to KSh 17.5 billion against an offer of KSh 4 billion, reflecting a performance rate of 437.41%. The overwhelming demand for the short-term security starkly contrasted with the tepid interest in longer tenors, where the 182-day and 364-day T-bills […]

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Kenya Eyes KSh 1 Trillion in Diaspora Remittances by 2027

  • August 29, 2024
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Kenya is setting an ambitious target to increase diaspora remittances to KSh 1 trillion by 2027, according to Prime Cabinet Secretary Musalia Mudavadi. This follows a record-breaking year in 2023, when Kenyans working abroad sent home KSh 671 billion, outstripping traditional foreign exchange earners like tea and coffee. Speaking at the Western Edition of the […]

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Common Misconceptions About International Schools in Kenya

  • August 29, 2024
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International schools in Kenya have grown in popularity over the years, attracting both local and expatriate families seeking quality education for their children. However, despite their increasing presence, there are several misconceptions surrounding these institutions. Some of these myths can create confusion and deter parents from considering international schools as a viable option. This article […]

dropshipping kenya Career & Employment

How to Get Started with Affiliate Marketing in Kenya

  • August 29, 2024
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Affiliate marketing has gained significant traction in Kenya as an accessible and potentially lucrative way to earn money online. With the growing number of internet users and the expanding e-commerce landscape, affiliate marketing offers an opportunity for individuals and businesses to generate income by promoting products and services. This article will provide a comprehensive guide […]

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Why Some Jobs Require Multiple Interview Rounds

  • August 29, 2024
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In today’s competitive job market, landing a desirable position often requires candidates to navigate through several rounds of interviews. While this can be a daunting process for job seekers, it serves an essential purpose for employers. Multiple interview rounds allow companies to thoroughly assess candidates, ensuring they find the best fit for the role and […]

Stima Sacco leadership Finance & Investment

SACCO Share Capital: What It Is and Why It Matters

  • August 28, 2024
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Savings and Credit Cooperative Societies (SACCOs) play a significant role in the financial landscape of Kenya, offering an accessible means of saving and accessing credit for millions of members. A key concept within SACCOs is share capital, which forms the foundation of a SACCO’s financial structure and influences its operations, member benefits, and overall stability. […]

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Top 10 Best Credit Cards in Kenya

  • August 28, 2024
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As Kenya’s financial landscape continues to evolve, credit cards are becoming increasingly popular as a tool for managing finances, making purchases, and earning rewards. Choosing the right credit card can be a game-changer, whether you are looking for convenience, rewards, travel perks, or a credit line that can help you in emergencies. In this article, […]