Bonds Market News: March 2023
CBK has issued a new 17-year amortized Infrastructure Bond IFB1/2023/17, tax-free under Income-tax Act. The auction was on 8th March 2023. Invest in this bond now.
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Avoid These 8 Financial Behaviours If You Do Not Want To Go Broke
Money management is a vital part of achieving financial stability and security. However, it can be easy to fall into bad behaviours that can put your financial well-being at risk. Financial behaviours are the actions and decisions that we make when it comes to managing our money. Some of these behaviours may seem harmless at…
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These 7 Habits are Derailing your Financial Growth
Financial growth is an important goal for many people, but attaining it can be challenging. When it comes to achieving financial growth and success, it’s not just about making more money, but also about developing the right habits and behaviours with regard to managing and using that money. There are many habits that can derail…
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Understand the Infrastructure Bond IFB1/2022/18
Infrastructure Bonds are bonds/loans issued by the Government for the financing of a public infrastructure facility e.g road, hospital, or energy project. This bond will be used to fund the infrastructure projects in the 2021/2022 budget. Duration of the new bond: 18 Years The coupon is the return you get from investing in a bond. It’s…
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Top 5 Money Market Funds Review: January 2022
Cytonn, Zimele, Nabo Africa, Apollo, and Sanlam fund managers stood out in January 2022, posting the top 5 Money Market Fund rates in Kenya. Below is more on the rates posted by the fund managers, what you need to start investing with each of them, and features that make each fund manager unique. 1. Cytonn…
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Top 5 Money Markets Review: November 2021
During the month of November, the following fund managers stood out, posting the top 5 Money Market Fund rates as of 30th November, with most recording rather consistent and higher rates compared to the month of October. 1. Cytonn Money Market Fund Cytonn retained its position as the top money market fund in Kenya with…
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15 Timeless Personal Budgeting Quotes
Creating and sticking to a budget might seem like a hassle, but don’t we all love the comfort that comes with knowing we have control over our money? Budgeting comes in handy when planning to spend wisely. A budget puts at the forefront in planning and tracking how much you want to spend, save or…
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The Top 6 Money Market Funds in Kenya in October 2021
The following fund managers posted the top 6 Money Market Fund rates in Kenya as of 30th October 2021. 1. Cytonn Money Market Fund Cytonn has consistently remained at the top of the Money Market Fund offering. Cytonn posted an average daily return of 10.42% and an average annual effective rate of 10.53% in October…
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Top 10 Money and Wealth Quotes to Empower You
Money and wealth are crucial in our financial freedom journey. The way we measure our abundance of valuable possessions is as important as the sanity of our minds and the beating of our hearts. Money gives us the tools for our next move as we drive towards wealth. Looking for inspiration as you build your…
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15 Saving and Investing Quotes to Motivate You
We all love the peace of mind that comes with knowing our future is secure and that we have a fallback in case things don’t match our plans. How can you achieve this level of security? Allocating money and resources to the right channels can save you from the unforeseen events of the future. Save…
