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.

Major tax break for low income earners

Low income earners will be exempted from paying tax on bonuses, overtime and retirement benefits. President Uhuru Kenyatta's directive to National Treasury is part of...

How CBK snatched Ksh8 billion from Chase Bank directors

Chase Bank was reopened in record time after Ksh8 billion that had been allegedly lent out to directors irregularly was recovered in three weeks....

How to avoid being blacklisted by banks

A credit reference bureau, or CRB, is a company licensed by central bank of Kenya to collect, store and collate credit information on individuals...

Retirement benefits schemes get investment lifeline

Retirement benefits schemes can invest up to 10 percent of their portfolio in private equity and venture capital licensed by Capital Markets Authority (CMA)....

List: Cheapest and most expensive banks in Kenya

The Kenyan Banks Tariff Survey 2016, conducted by Think Business Limited has a bag of mixed but interesting findings. Tier II banks are on...

Dennis Oliech to sue the Star over article saying he’s broke

Former Harambee Stars striker Dennis Oliech has threatened to sue the Star newspaper for defamation over a story it published today. In a statement, the former Kenya international, speaking...

Equity Bank staff caught up in Ksh124 million tax fraud

Kenya Revenue Authority is investigating a tax evasion cartel that's believed to have siphoned billions of shillings. The rip-off, involving authorised collecting agents who collude...

HELB plans lottery to raise funds

The Higher Education Loans Board (HELB) plans to run a lottery and offer education saving plans by the end of this year to reduce its...

Junior soccer players get Ksh25m fund

Junior Achievement Kenya (JA), the country's largest and fastest growing non-profit organisation that inspires the youth, has geared up to support youth in football....

5 lethal mistakes real estate investors make without knowledge

Like any other career or business entity, Investing in Real Estate can be a mind boggling gamble. Like it looks more appealing in Kenya...