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.

NSE investors flee banks after rate cut

Banking stocks came under a heavy battering at the Nairobi Securities Exchange (NSE) as investors assessed their positions in the sector following Wednesday’s signing into...

Just how safe is credit reference bureau information?

  The credit world in Kenya has a very dark side to it. But the dirty little secrets are being exposed, thanks to a change...

From Victor Wanyama, three money lessons that will change you

  It is everywhere in sports. It is found right away from the jerseys, the stadiums, the clubs themselves and of course the players who...

Tough times ahead for Kenyans as fuel prices touch new high

Fuel prices increased by up to Ksh2.2 per litre, driven by a delay in delivery of cheaper products that saw the prices set based...

10 Warren Buffett quotes that will make you great investor

Warren Buffett’s investing wisdom can teach you some valuable lessons about the stock market One great way to learn the basics of investing is by...

The Ksh20m Equity Bank loan that Esther Passaris won’t pay

One of the most colourful women in Kenya’s business circles and politics faces the prospect of being declared bankrupt for failing to pay up...

Time to cash out as Safaricom share hits historic high

Safaricom share price hit a new all-time high of Ksh20 yesterday, lifting the telecommunications firm’s market value to a record Ksh801.3 billion. The share price...

Muchiri Wahome: Kenya’s newest multi-millionaire

Muchiri Wahome will wake up tomorrow Tuesday August 2nd a mere CEO but have lunch as a multi-millionaire.  Deacons East Africa, the company he...

Five banks to avoid when looking for a loan

Equity and Barclays are among the most expensive banks in the country when it comes to loan interest despite having the lion's share of banking business,...

Cash-rich Safaricom gives away Ksh27.5bn to shareholders

Mobile operator Safaricom has announced a special dividend of Ksh27.5 billion for its shareholders. The company’s board, which met on July 25th, agreed that...