- As construction costs continue to soar, many Kenyans are increasingly looking for house designs, alternative construction materials and processes that can save on costs.
- In this newsletter, we are covering employers' concerns over the worsening economy as well as Gen Z leading in luxury travel and a woman who vanished with a Ksh250,000 deposit only to end up dead.
- I kept taking loans from different lenders just to keep up, and my paycheck was running in the negative at this point. I stopped hanging out with friends, not because I didn’t want to, but because I couldn’t explain why I was always broke.When I tried confiding in my family about my struggles, the…
- Money Market Funds (MMFs) are investments where investors pool their money into a fund and invest in short-term, low-risk securities that range between one day and one year. MMFs are a great investment for small investors as well as large investors. They usually have low entry requirements, making…
- In this newsletter, we are focusing on the World Bank's recommendations to Kenya, including a carbon tax on fuel, a freeze on all public hiring, changes to PAYE taxes, and why the SHA may collapse. Also read about TSC’s 25,000 teacher promotions and summons against CSs John Mbadi and Rebecca Miano.
- Being a Public Private Partnership (PPP) project, the company that will get the tender will toll the road to recoup the money used in the construction.
- In this newsletter, we are covering the fining of 8 TV stations for defying the government directive on gambling advertisement after an exposé revealed how Kenyans lost millions to a fraudulent gambling scheme.
- 3 parents began setting aside savings for their children at different times. One started immediately after the child was born, the second started saving when the child joined Grade 3, while the last never saved at all. in the end, one parent had Ksh974,000, another Ksh206,000, and another survived…
- Maize flour and baking flour prices went up from Ksh139 to Ksh155 and Ksh129 to Ksh143, while cooking oil recorded the biggest price drop from Ksh298 to Ksh295.
- In this Newsletter, we cover the national exam fees return, the government's plan to sell its stake in Safaricom, and the MP's order to deposit Ksh3 million in an ongoing court case.
- Have you ever taken what seemed like a simple loan, only to end up in deep debt? When taking a loan, the fine print is everything. A loan may seem like a quick solution when you're in a tight spot, but without fully understanding the terms, it can easily become a long-term trap. Let's explore a…
- In this newsletter, we are covering the flaws in the affordable housing projects, Equity Bank's mass firings, looming changes in the Finance Bill 2025, and 2,000 job vacancies.
- The recent expiry date on edible products scandal involving Naivas Supermarket, a major Kenyan retailer, sent shockwaves across shopping aisles. While investigations continue, fresh questions are being raised about how safe the products on our local store shelves are.
- In this newsletter, we are covering the Naivas Supermarket shutdown order and the twists that followed, senators opposing the lease of sugar mills, and the government's nod to view suppliers' bank accounts.
- High net worth Kenyan investors are preferring South Africa over any other country, the 2025 Wealth Report, released on Tuesday, May 13, by real estate firm Knight Frank Kenya, has revealed.
- MMFs have long been a reliable investment option for Kenyans seeking liquidity, capital preservation, and above-average returns compared to traditional savings accounts. But the economic landscape continues to shift — and so do MMF yields. Despite the general drop, several MMFs have continued to…
- Becky, a high-school dropout mother of one who scored a job abroad, flew back to Kenya two years later after earning Ksh1.08 million in total. She had, however, periodically sent back home part of her income in hopes that her mother and brother were prioritising investments.
- In this newsletter, we’re covering Governor Sakaja’s crackdown on 206,000 Nairobi landlords, the Treasury dropping IMF loans in the latest budget, and a former police commission member who lost Ksh 35 million after filing a case in the wrong court.
- Despite facing many challenges at the start, including the economic shocks occasioned by the Covid-19 pandemic, the TV host has grown his business to a Ksh5 million venture within the six years.
- Buying a new car—whether for personal use or for business—is a significant financial decision. When individuals and companies start holding back on these purchases, it usually reflects decreased disposable income, tighter credit conditions, or lowered confidence in future financial stability.
- In this newsletter, we’re covering NEMA’s new regulations for manufacturers and importers, Youth switch off phones to evade Ksh9.2 billion govt loans, and lower taxes for select companies.
- Kenya has once again been hit by ongoing contract cancellations carried out by the Department of Government Efficiency (DOGE), a US government initiative.
- As more Kenyans seek safer and smarter ways to grow their savings, Money Market Funds (MMFs) are gaining popularity as a low-risk, accessible investment option. As always, prospective investors should carefully assess their investment objectives and consult financial advisors if necessary before…
- Parents lamented that they were unable to buy stationery and meet school fees as schools reopened on Monday, April 28 — an inconvenient date for many salaried individuals.
- In this Newsletter, we cover the back-to-school headache for parents, coffee farmers smiling all the way to the bank, Kenya’s upcoming Ksh97 billion loan, and 97 Kenyans scammed Ksh15,000 each.
- In the end, one Kenyan friend earned Ksh32 million while the other only reaped Ksh2 million despite kicking off their investments with Ksh5,000. Here is the power of compound interest that billionaire Warren Buffett (Ksh20 trillion net worth) swears by.
- Driving a car with foreign plates in Kenya is permitted, but it’s not as simple as crossing the border. You must comply with Kenya’s customs and traffic laws
- At a time when returns on passive income investment vehicles have been falling, the Mansa X special CIS fund has been piquing investor interest due to its relatively high interest rates.
- According to the government, over 45,000 Kenyans have become homeowners through the affordable housing programme, 367,000 have registered for Boma Yangu services, and 531,043 savers have contributed over Ksh 2.255 billion. Here is a list of all projects and units available.
- As an adult decades later - with a decent job, family, and all - I’ve realised just how resourceful the women were. None had any formal employment, and most had husbands unemployed as well. It's hardly hyperbole. Women, indeed, run the world. A Ksh100 note is worth twice to a woman, as it is to a…
- President William Ruto (left) speaks to Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), at a summit in Paris in June 2023.
- Speaking exclusively to Money254.co.ke, Super Metro's CEO Nelson Nduki confirmed that the company would comply with the ruling even as the drivers take a retest.
- Government Spokesperson Isaac Mwaura, in an address to the press on Monday, noted that Macadamia farmers were among the biggest winners, with prices rising from Ksh24 to Ksh100 per kilogram — a more than fourfold increase.
- Government Spokesperson Isaac Mwaura on Monday reiterated that Finance Bill 2025/26 was yet to be tabled, refuting reports that a version of the proposal was already in the public domain, insinuating an increase in 8 different tax and levy categories.
- Boma Yangu is a portal created to support Kenya’s Affordable Housing Programme (AHP). It serves as a central hub where you can register, save money towards a home, and apply for housing units under government-backed projects. The Kenyan government launched the AHP in 2017 as part of the Big Four…
- When you receive your paycheck, you’ll quickly discover that the salary you agreed to isn’t what you are bringing home. Your payslip typically contains three main parts; how much you are being paid, the taxes you are paying, and any other deductions that are being made. Understanding these…
- Umba has secured USD 5 million (Ksh650 million) funding to expand its operations in Kenya. The digital bank, which has operations in Kenya and Nigeria, specializes in lending to Small and Medium-sized Enterprises (SME) while also offering flexible financial products, such as vehicle financing and…
- National Treasury Principal Secretary Dr. Chris Kiptoo on Thursday, April 10, launched the Electronic Rental Tax Information System (eRITS), a groundbreaking initiative aimed at revolutionizing rental income tax collection and increase the tax by by more than five times.
- A previous study by the Kenya Medical Association found that patients in urban hospitals wait an average of 3 to 6 hours for outpatient services, with consultation times often lasting less than 10 minutes. Antara is helping more Kenyans stay healthier without paying more by building relationships…
- Saccos, which had shares at the union, were financially hit after an audit by PricewaterhouseCoopers (PwC) exposed the financial malpractices of former directors.
