Category: Businesss
Getting a steady paycheck for the first time is exciting, but it can also be overwhelming. Many newly employed individuals quickly find themselves stuck in a cycle of paycheck-to-paycheck living, not because they don’t earn enough, but because of poor financial decisions. Without a solid plan, bad money habits can keep them from achieving financial […]
Kenya’s 2025/26 budget may reach a record KSh4. 2 trillion, representing 22. 1 percent of GDP. This includes KSh3. 09 trillion for recurrent expenditure, KSh725. 1 billion for development, KSh436. 7 billion for county transfers, and KSh5 billion for the Contingency Fund. These details were disclosed on Tuesday, February 11, 2025, after a Cabinet meeting […]
The Sacco Societies Regulatory Authority (SASRA) has published an official gazette notice detailing all deposit-taking and non-deposit-taking SACCOs authorized to operate in Kenya for the financial year ending 31st December 2025. This comprehensive list is intended to inform the public about legitimate SACCOs and enhance transparency within the sector. As stated in the gazette notice, […]
Long-term business success hinges on thorough preparation, with a robust financial plan being central to that preparation. This plan outlines a business’s short- and long-term financial goals and methods to achieve them. It is utilized by company decision-makers as well as potential partners, investors, and lenders, typically encompassing the company’s sales forecast, cash flow projection, […]
As we dive into 2025, many people are setting new goals to increase their income and improve their lives. A well-paying side hustle can be the key to turning those resolutions into reality, especially in today’s fast-paced world. Side hustles offer the chance to explore creative ways of earning, all while working around your primary […]
January often feels like a financial uphill climb after December’s festive spending. However, this is the perfect time to reassess your finances, set goals, and adopt healthier money habits for the year ahead. To start, assess your current financial situation. Review your bank statements, credit card balances, and monthly bills. Identify your income, expenses, savings, […]
The government has proposed a new set of work permits for foreigners as envisaged in the Kenya Citizenship and Immigration (Amendment) Regulations, 2024. Through the regulations, the government is seeking to introduce Class “P” permits for personnel from the United Nations, diplomatic missions, inter-governmental organisations and international NGOs accredited to or operating in hardship regions […]
Labour Cabinet Secretary Alfred Mutua has faced sharp backlash following his recent advertisement of job openings in Qatar. Promoting a Qatari company seeking skilled Kenyan workers, Mutua aimed to curb Kenya’s 12.7% unemployment rate by encouraging citizens to take roles abroad — much like his boss, President William Ruto, has promoted in past initiatives. Posting […]
Successful finance leaders excel at the intersection of strategic decision-making, risk assessment, and financial stewardship—leading an organization’s financial management strategy while maintaining fiscal health and pursuing growth opportunities. The C-suite’s strategic discussions rely on the Chief Financial Officer (CFO) to provide a solid foundation of financial management, offering financial and operational forecasts and data that […]
National Treasury Cabinet Secretary John Mbadi has defended the controversial Public Private Partnerships (PPP) deal with the Indian conglomerate Adani Group aimed at upgrading the Jomo Kenyatta International Airport (JKIA), asserting that the project is essential. Speaking at the Kenya Bankers Association (KBA) exhibition, CS Mbadi emphasized the role of PPPs in enabling the government […]