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Money

Why money market fund returns are dropping, what you should do about it

 Over recent years, Kenyans have shown increasing enthusiasm for money market funds (MMFs). Personal finance experts continue to tout MMFs as one of the most reliable investment options due to their low-risk nature and flexibility. The surge in popularity has seen dozens of fund managers open their doors to local investors, with some platforms allowing
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What Kenyan laws say about buying property at auction sales

 Whereas it may be difficult to know every particular, detail about a property being sold at auction sales, it is important to focus on the most important factors that impact the validity of the sale by auction. There are instances where as a purchaser through an auction sale could lose the legal protection more-so if
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Steps DV Lottery winners must follow to get US immigrant visas

 Being selected for the DV Lottery is the first step among a couple of steps that selectees will need to take in order to successfully obtain US immigrant visas. How quickly a selectee is able to follow these steps can determine whether they eventually move to the US or not. Why is this? According to
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Nancy Wanjiru: Lady working as Saudi caregiver builds mum Sh1.1 million house

 Despite facing hardships in Saudi Arabia, Nancy Thogori Wanjiru, a young lady from Kajiado County, has proved that nothing is impossible with hard work and determination. The young lady who moved to the Gulf country in 2019 in search of greener pastures has built a 2-bedroom modern house for her mother, who struggled to raise
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CAK announces jobs, internship opportunities; How to apply

 The Competition Authority of Kenya (CAK) has announced various opportunities for qualified Kenyans to apply. In a notice on Tuesday, May 13, CAK announced that it is seeking to recruit individuals to fill various positions as well as offer internship opportunities to qualified graduates. The authority is seeking to recruit an internal auditor, a legal
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Elvis Warutumo: Why I stopped working with government institutions

 Content creator and digital skills enthusiast Elvis Warutumo has disclosed why he struck out government institutions from his list of potential clients, and let’s just say, it wasn’t because they lacked work. Elvis, a website design expert, graphic designer, and trainer on AI and digital skills, opened up about painful, frustrating experiences that have left
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Agnes Kimani: Why I turned down a Sh 20m deal

 Agnes Kimani, a marketing consultant in Kenya and founder of Puzzle Breakers, has ignited a heated conversation on LinkedIn after revealing how she turned down a multi-million shilling deal, simply because it wasn’t clean. “I declined a business worth several million. Mhhhh, who does that!” she wrote, opening her now-viral post. According to Kimani, the
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KRA moves 475 employees in Sh2.7b monthly tax fraud scheme

 The Kenya Revenue Authority (KRA) has moved 475 employees over a tax fraud scheme that has been going on at the revenue authority. The employees were moved from approving applications for value added tax (VAT) refunds. This has come as the taxman flagged thousands of businesses involved in the scheme that has been costing the
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How I used my Dubai househelp salary to build Sh450k house for my dad

 Irene Odinga, a young lady from Lugari, Kakamega county, can now smile after fulfilling her father’s wish to own a house. Irene, who works as a househelp in Dubai, revealed she built the house as a sign of appreciation to her father, who worked tirelessly to raise them despite suffering an accident. “He suffered a
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UK announces strict immigration rules for all types of visas

 The United Kingdom has unveiled new immigration rules that are aimed at bringing down the immigration levels. The new immigration rules are part of the plans contained in the white paper policy document dubbed Restoring Control Over the Immigration System, that was launched by UK Prime Minister Sir Keir Starmer. According to a report on
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