Savings and Credit Cooperative Organizations (SACCOs) have long been a cornerstone of financial empowerment in Kenya, offering members the opportunity to save regularly and borrow at competitive rates. With their grassroots appeal and focus on community development, SACCOs present a compelling investment option for individuals seeking both financial returns and a sense of social contribution. […]
Money Market Funds (MMFs) have become a popular investment vehicle for those seeking stability, liquidity, and modest returns. However, with the plethora of options available in the market, choosing the right Money Market Fund can be daunting. To make an informed decision, investors need to compare funds based on specific metrics that reflect their performance, […]
In times of market uncertainty, investors often seek safe havens to protect their portfolios from significant losses. Money Market Funds (MMFs) are a popular choice for this purpose due to their stability, liquidity, and relatively low risk. This article will explore how Money Market Funds can be effectively used as a hedge against market volatility, […]
Money Market Funds (MMFs) in Kenya are a popular investment vehicle for both retail and institutional investors. They are known for offering relatively higher returns than savings accounts while maintaining a low-risk profile. However, like all financial instruments, MMFs are not entirely insulated from external influences. Global economic events can significantly impact the performance of […]
Money Market Funds (MMFs) have become a preferred choice for many Kenyans seeking to grow their savings with minimal risk while enjoying higher returns than traditional savings accounts. With a growing number of Money Market Funds available in Kenya, choosing the right one can be overwhelming. This article provides a detailed comparison of the top […]
Money Market Funds (MMFs) have become increasingly popular in Kenya as a secure and profitable way to grow savings. Offering higher returns than traditional savings accounts while maintaining a relatively low risk, MMFs have attracted a diverse range of investors, from individuals to large institutions. However, not all Money Market Funds are created equal. In […]
When it comes to saving and growing your money, choosing the right financial vehicle can be a crucial decision. In Kenya, two popular options are Money Market Funds (MMFs) and Savings Accounts. While both serve the purpose of helping you save, they differ significantly in terms of returns, risk, liquidity, and other features. This article […]
In Kenya, Savings and Credit Cooperative Organizations (SACCOs) have long been a cornerstone of the financial landscape, offering millions of Kenyans an alternative to traditional banks. Among the numerous financial products that SACCOs offer, Fixed Deposit Accounts have gained significant attention, particularly for their attractive interest rates and security. If you’re considering this option, here’s […]
In a significant development, investigations have uncovered how China Communications Construction Company Ltd, a prominent Chinese firm, fraudulently evaded taxes amounting to over KSh 1 billion. The company reportedly transferred income through shell companies to accounts in China, utilizing a sophisticated tax evasion strategy known as the ‘missing trader’ scheme. This was highlighted in a […]
The global shift towards remote work has made it essential for professionals and businesses to establish effective remote work environments. In Kenya, the trend towards remote work is growing rapidly, driven by advancements in technology, the need for flexibility, and the impact of the COVID-19 pandemic. Whether you’re a freelancer, an entrepreneur, or an employee […]
