- Today, we detail the latest Cabinet approvals for the dualing of the Northern Bypass and the new SGR-JKIA railway line. We also cover the raised drinking age limit.
- I was comfortable with my Ksh95,000 salary and one day all of a sudden, I was laid off and had zero source of income and a lifestyle to maintain. Because my income had taken a serious hit, I knew I had to stop spending like I still had a salary. I had no choice but to become intentional with every…
- Today, we explain the government’s clarification on the 2.75% SHIF contributions after a recent court ruling. We also break down the government’s statement on whether Hustler Fund defaulters will be blocked from using SHA services.
- Kenya’s smartphone market is buzzing with options that promise style, speed, and value for money. Customers are often left spoiled for choice. Having the right smartphone matters in 2025. Whether you’re a small business owner, a social media content creator, or you just need to get connected. Here…
- At Money254, we know that planning your weekly shopping can make a big difference when every shilling counts. That’s why we’ve put together a Weekly Price Tracker — comparing the lowest prices for 10 basic household items across four major supermarkets: Carrefour, Naivas, Quickmart, and Chandarana…
- Hello and welcome to the Money News Roundup Newsletter. Today, we are covering Nairobi County’s crackdown on businesses, Kimani Ichung'wah's declaration on the Finance Bill 2024, and the Ksh169 billion Kenyan companies are investing abroad.
- Hello and welcome to the Money News Roundup Newsletter. Today, we are covering the 4 proposed traffic regulations that seek to introduce new rules and fines for motorists.
- After my internship, I was fully onboarded by the company as a software engineer at the age of 22 years and started earning a salary. Life had just begun, and I was green when it came to investing, and I stumbled upon a podcast that put things into perspective. By the time I was 26 years old, I had…
- Let’s be honest, adulting comes with its fair share of financial curveballs. From navigating side hustles to keeping up with bills and trying not to break into a sweat when your M-Pesa balance is down to single or double digits, it is easy to feel like you are constantly behind. But what if you’re…
- Hello and welcome to the Money News Roundup newsletter. Today, we’re covering President William Ruto’s new deal with COTU to refund housing levy funds, prioritise affordable housing, and cut down payment requirements by half. We’re also highlighting the Ksh415 billion boost for counties.
- Money Market Funds (MMFs) continue to be a preferred investment choice for Kenyans looking for stability, liquidity, and better returns than traditional savings accounts. However, in May 2025, the trend of declining MMF yields persisted.
- Today, we’re covering the projected price increase of some consumer goods such as maize flour and sugar. We also detail why Kenyans face higher pump prices in the coming months.
- Today, we’re covering the court ruling on extra fees and levies charged by schools. We also highlight the progress of the link train service that will connect the SGR Mombasa terminus and the CBD.
- A forced transfer, often referred to as an alternative transfer, is a special vehicle ownership transfer process offered by the National Transport and Safety Authority (NTSA) in Kenya. It allows a new vehicle owner to legally register the car in their name without the direct involvement or consent…
- Note: Cooking oil recorded a drop in price, with the cheapest 2-litre retailing at Ksh281 from Ksh299 last week, as milk drops to Ksh40 per 500ml packet. Every Monday, we publish the prices of 4 basic goods across four supermarkets in Nairobi.
- Hello and welcome to the Money News Roundup Newsletter. Today, we’re covering the Quality Healthcare and Patient Safety Bill 2025, increased fuel prices, and the former KRA chair snapping up a Ksh1.6 billion stake in a major financial solutions provider.
- This innovation is set to benefit over 20,000 active customers of the digital credit provider, who will only be required to pay premiums as low as Ksh100 per month.Under the coverage, the riders will receive up to Ksh20,000 annually in Hospital Cash benefits.
- Today, we’re covering the Unified Human Resource Management System that is set to be implemented in July for all government employees, in addition to proposed changes for exam fees.
- As revealed in the National Road Safety Action Plan, all drivers in Kenya will be required to transition to the new driver's license (smart license) within 3 years.
- Hello and welcome to the Money News Roundup Newsletter, where we’re zooming in on the Ksh4.29 trillion budget that CS Mbadi is set to present in Parliament today.
- Today, we’re covering the latest financial policy directions and projections issued by the Central Bank of Kenya after the Monetary Policy Committee (MPC) meeting as well as 71,000 Kenyans listed on CRB for defaulting on HELB loans and 20,000 businesses risking closure by KRA.
- Moving to a new job could be a gateway to new opportunities. However, with the current job offering extra benefits that would otherwise have a financial implication on your salary, it's good to be very strategic. Thus,the 20k might look great on paper but the benefits foregone from the first job…
- Today, we’re covering the Treasury CS John Mbadi’s assurances on the payment of examination fees after panic among parents over increased fees for 2025 candidates.
- As of the first quarter of 2025, Kenya had a total of 49 licensed Money Market Funds (MMFs) managing a combined Ksh319.7 billion in Assets Under Management (AUM). Also, 29 Special Funds were managing a combined Ksh86.68 billion in assets in the same duration.
- A deceased family member’s SACCO loan is not always written off automatically. The responsibility to clear it can fall on guarantors, the estate, or through asset recovery if the loan was secured. Families need to confirm whether loan protection insurance is in place, and whether the SACCO followed…
- Lua gives you free access to the world’s best models, and then some. She doesn’t just tell you things. Lua helps you do things. She makes bookings. She plans. She organises. She shares reminders. She turns your ideas into cool images. All for free. No app downloads. No accounts. Just a quick chat…
- If you feel like everyday essentials are getting harder to afford, you're definitely not alone. In recent years, the state of the economy has left many Kenyans worried about the rising cost of living, especially when it comes to food.
- Hello and welcome to the Money News Roundup. Today, we’re covering the Kenya Revenue Authority’s (KRA) justification for the tripling of import taxes under the new CRSP system, Taxman’s new chatbot, and a breakdown of Kenya's biggest money market funds by assets.
- Today, we’re covering Treasury CS John Mbadi’s announcement on the PAYE review and his PS Chris Kiptoo’s defence of the securitisation of HELB and the Road Maintenance Levy. Also, find out about an MP’s personal assistant at the center of a land scam.
- A month after the Central Bank lowered the lending interest rate to a base of 10.0 per cent, Kenyan consumers are beginning to reap the benefits. The April 8 cut of the benchmark lending rate to 10.00 per cent from 10.75 per cent in the previous month marked the lowest level since May 2023.
- Money Market Funds (MMFs) have become an increasingly popular option for Kenyans looking to accelerate their savings and investment goals. They offer a practical way to earn higher returns than traditional savings accounts, maintain easy access to your money, and avoid the risks associated with…
- On Tuesday, the Central Bank of Kenya published the deposit interest rates for 38 banks in Kenya for the month of April 2025. Some banks paid deposit interest rates as high as 13%, while others offered as little as 2.6%.
- Today, we are covering government interns who disappeared with Ksh930,000 in salary advances, an impasse between the National Assembly and Senate over a Ksh465 billion allocation, and how French firms pressured Kenya to pay Ksh6.2 billion.
- Improving yourself financially will require you to elevate your thinking. One of the ways to do that is through education. How, then, can you go about investing in your financial education?
- Sugar prices skyrocketed from Ksh300 per 2-kilogram packet to Ksh330 (the cheapest on the shelf), with many retailers charging from Ksh345 and up. Other basic products remained largely the same.
- As the June 30 deadline fast approaches, Kenyans are advised to file their tax returns covering the income earned between January 2024 and December 2024. This filing covers all forms of income (or lack thereof), cutting across salaried individuals, self-employed, and even the unemployed.
- In this newsletter, we are covering the new Current Retail Selling Price (CRSP) that will see taxes on small engine vehicles rise by over Ksh150,000.
- The institution also proposed the ending of all amnesty programs usually initiated by governors to encourage defaulters of land rates to pay their dues.
- In this newsletter, we are covering the unfolding investigations that have exposed how Ksh75 million was used during a groundbreaking ceremony for the failed Greenfield Terminal project.
