In Kenya, the currency is the Kenyan Shilling, commonly abbreviated as “Ksh” or sometimes just “Sh.” This abbreviation is always placed before the numerical value when expressing amounts of money, such as “Ksh 1,000” or “Sh 500.” But why is the “Ksh” symbol used before the currency, and what is the significance of this convention? […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
