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Forex trade up as the rich hedge dollars due to Covid-19 fears

The coronavirus fears saw individuals across the world convert local currencies into stronger ones, especially the US dollar, leading to a spike in forex trading. The latest report by global…

CBK Extends Free Mobile Money Transactions

In a statement to newsrooms on Wednesday, June 24, the regulator stated that the measures announced had helped cushion the most vulnerable and would be extended until the end of…

Business Ideas that youths can venture into in Laare Market

With fewer jobs in the market and thousands of graduates chasing after them, securing employment in Kenya is about as hard as starting a business without the right information. Understandably,…

You will now send money, make payments using Whatsapp

Whatsapp has added an additional feature on its system enabling users to send money without leaving the chat room. The service being rolled out in Brazil first will enable people…

Price of petrol shoots up, kerosene drops

Motorists in Kenya will in the next month pay more for petrol but less for diesel. The price of kerosene has marginally dropped too, signifying welcome news for low-income residents…

Ukur Yatani Presents Budget 2020/21 Estimates

Treasury Secretary Ukur Yatani has presented his Sh2.7 trillion Budget for the year starting July 1, outlining the spending plans, including the taxation measures to finance the proposals. The budget includes…

Kenya to levy a 1.5% digital service tax for all online transactions

Kenya is set to start levying a tax for any transactions that happen on online services. The proposed digital tax in Kenya will be in the form of an additional 1,5% digital tax…

HOW TO START A TENTS & CHAIR RENTAL BUSINESS IN KENYA. part 1. equipment and prices

This is a business in which case an entrepreneur purchases  tents and chairs and  then rents them out to those having events of sorts. Although such a business may entail…

How to manage your Personal Finances

It’s important to know what you want to accomplish with your investments before you actually invest. Learn how to set your financial goals, get a handle on your cash flow,…

Onion Prices Rise Sharply as Supply From Tanzania Falls

Households in Kenya have to dig deeper into their pockets to buy onions as prices rise sharply due to a biting shortage. The price of a kilogramme of onion has…