Home MARKETS SMART MONEY

SMART MONEY

This where matters investment and Personal finance are taken care of. Enjoy tips and information you can use to better your financial life. But always remember to seek expert advise after reading our articles as they are for information purposes only.

Equity Bank’s Finserve Africa Named Best E-commerce Company in Kenya

Equity Group’s fintech subsidiary, Finserve Africa, has been named the best in E-commerce-Banking/Financial and Insurance Services Gold Category at the third edition of the...

Forget WASH WASH: Two Other Billion-Shilling Scams Trending In Kenya

You meet up with an old age mate from a previous life; the guy looks like he is living the life dressing well and he is even driving while you are a first year or second year student struggling with college life so you ask the guy what his secret to success is.

WASH WASH Fraudster Deals Often Crowned By The Police

Very simple fraud, says lawyer Eric Ng’eno, who explains how this dirty business is done.  A fraudster tells you he has 'special paper' for...

Life Insurance More a Wealth Management Tool Than Death Cover

COVID-19 has reinforced the need to adopt technology to make life insurance purchase and uptake simpler as more consumers embrace a tech-driven shift.  CIC...

Mwananchi Ranked Best Logbook Loans Provider For Third Year

Best Logbook Loans: Mwananchi Credit has been recognized for the third consecutive year as the Best Logbook Financier 2021. The micro-credit company was awarded...

Bonga Points Deal Gives Kenyans Second Chance To Invest In NSE...

Nairobi Securities Exchange CEO Geoffrey Odundo said through this initiative, the NSE seeks to unlock more investment opportunities using convenient and innovative solutions. "The partnership resonates with our resolve to connect capital with opportunities as anchored in the NSE 2020-2024 strategic plan," Mr Odundo.

Mwananchi To Refinance Distressed Car Loans From Other Lenders

Mwananchi Credit’s CEO Dennis Mombo said, “The current economic times have become tough due to the Covid-19 pandemic which has resulted in an unprecedented amount of car loan borrowers from most institutions  falling behind their payment terms."

Banks Picked a Bad Flu From Covid-19 Economic Disruption

Despite the growth slowdown, the industry continued to withstand market shocks arising from the pandemic. The KBA report indicates that the sector’s outlook for the year 2021 is stable, supported by adequate capitalization and liquidity levels.

Mwananchi Credit Adds Trade Finance To Its Portfolio

Mwananchi Credit Limited is adding a series of trading-related products to its portfolio. The trade finance products include cashless bid bonds, performance bonds, advance...

Two Years Later, NSE Derivatives Market Gains Currency

Derivatives are an investment tool whose value is derived from underlying assets like bonds, commodities, currencies, interest rates, market indexes and stock based on the expected future price movement of the asset. They allow investors to make a gain or hedge against losses by taking a bet on the future price movement. NEXT enables you to trade Equity Index Futures and Single Stock Futures.