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State “invests” Sh. 46 billion collected from affordable housing tax in T-bills

 Billions of money that have been collected under the affordable housing tax have been invested in Treasury Bills (T-Bills). According to the Affordable Housing Board acting chief executive officer Sheila Waweru, some Sh. 46 billion collected from this tax have so far been invested in the short term T-Bills. This amount includes reinvestments which are
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Is it wise to take a loan to build rentals? Expert advice

 Rental Property Investment is one of the most lucrative ways to build wealth, guaranteeing financial security after retirement. With the fast-growing urban population, increased demand for housing, and rising property values, the rental property sector has proved lucrative for investors looking to soak their money in residential properties for rental income or commercial properties for
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Knight Frank H2 2024 Market Update: Real Estate Navigates Economic Headwinds

 Knight Frank Kenya, a premier real estate advisory firm, has published its highly anticipated Kenya Market Update H2 2024. The report offers an in-depth analysis of the country’s economic and real estate landscape and provides key insights into market performance across various sectors, including the macro-economy, capital markets, office space, retail, residential, industrial and infrastructure, and
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Catherine Masitsa: Having a TV in your living room is poverty mindset

 Samantha Bridal founder and The Real Housewives of Nairobi reality star Dr Catherine Masitsa has stirred controversy amongst netizens with her viral claim that having a television in the living room is a sign of poverty. In a recent house tour interview with KTN Art of Living’s Nailantei, the TV host argued that a living
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How to make money with affiliate marketing: a real case

 How professionalism and analysis help increase income Affiliate marketing is a field where success depends directly on strategy, constant analysis, and market adaptation. This article covers the case of an experienced 1xBet partner who achieved great results in 21 months. His story is not just an example of successful collaboration but also a set of
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OPPO Kenya sues AIfluence over delayed payments to influencers

 Technology manufacturer OPPO Kenya has released a statement blaming influencer marketing agency, AIfluence, for delaying payments to influencers who worked on the OPPO Reno12 series campaign. Among the affected influencers are Bernice Nunah and Flaqo who recently came out to say that they have not been paid for over 5 months. OPPO Kenya partnered with
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Housing Levy defaulters to face heavy penalties

 Employed Kenyans are required contribute 1.5% of their gross monthly salary as Housing Levy, with their employers matching the same amount. Self-employed individuals also contribute 1.5% of their gross monthly income. These Housing Levy contributions are collected by the Kenya Revenue Authority (KRA) and are directed to the Affordable Housing Fund, which finances the construction
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Secure your future with these 7 insurance products from Equity Bancassurance

 Life in Kenya is full of opportunities, but it’s also important to be prepared for the unexpected. Equity offers a comprehensive range of insurance solutions designed to protect you, your family, and your business. Here are seven essential Equity Bancassurance insurance products that we recommend: 1. Bima ya Gari Motor Vehicle Insurance Protect your personal
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