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Thursday, December 12, 2019

INVESTMENT

There are three ways to go broke: ‘liquor, ladies and leverage’ – Warren Buffett

Warren Buffett Quotes: Warren Buffett believes investors should avoid using borrowed money to buy stocks. "It is crazy in my view to borrow money on securities," he told CNBC. "It's insane to risk what you have and need for something you...

How Co-op Bank shares are rewarding investors after rate cap appeal

Co-op Bank Share: In mid-October when President Uhuru Kenyatta sent a memorandum to Parliament seeking the removal of the rate cap, the Co-op Bank shares at the Nairobi Securities Exchange began a rally that has grown investor wealth tremendously. For...

Abojani holds inaugural investment forum

Abojani Investment, a digital first personal finance management company that teaches investors on personal finance and investing in the stock market and money markets held an investment summit on Saturday. The event dubbed #InvestIntelligently was held at Ngong Hills...

Bill Gates tops Jeff Bezos as world’s richest man

Bill Gates and Jeff Bezos: On Friday, Gates surpassed Amazon CEO Jeff Bezos to reclaim the distinction of richest person in the world, with a net worth of $110 billion, according to the Bloomberg Billionaires Index. It's the first time...

State to buyout KQ, delist it from NSE

KQ Buyout: The national government is set to buyout the troubled national carrier Kenya Airways. The government will buy out Air France-KLM, local banks and more than 80, 000 individual shareholders from Kenya Airways. KQ is 48.9 percent government-owned, 38.1...

How billionaire Michael Bloomberg made his fortune

Michael Bloomberg Net Worth: With a fortune of about $33.7 billion, former New York City mayor Michael Bloomberg recently landed on our list of the richest self-made billionaires. Though his 12-year run as mayor ended in 2013, the billionaire remains...

Basics of selling and buying shares on the NSE

NSE Kenya: Have you ever wondered how some people are always making money from trading in shares at the Nairobi Securities Exchange (NSE)? The answer to this is probably yes. But while you’d wish to make some of that...

Kenyatta family, James Mwangi make Sh. 1 billion each on NSE

Kenyatta Shares on NSE: The NSE has been on a bull run, thanks to the rallying price rise of banking shares. Revelations have now emerged that the Kenyatta family, the family of former Central Bank of Kenya governor Philip Ndegwa...

Maina Kageni: How I inherited dad’s multi-million property aged 21

Maina Kageni Family: The following story reveals how popular media personality Maina Kageni inherited property that his late father left behind. This story was first published in The Star Newspaper: Succession battles in Kenya have left many families in anguish years...

Debunking common myths about Forex trading

Forex Trading Kenya: Trading forex is a global phenomenon that reaches trillions of dollars worth of transactions every single day. In fact, the Bank for International Settlements reports that forex trades average $6.6 trillion per day, up from $5.1...
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Latest News

Kenyans have borrowed Sh. 430 billion on M-Shwari

M-Shwari Loans: 31 million Kenyans have so far taken a loan on mobile-based lending platform M-Shwari. This has taken...
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The salary John Gachora earns as CEO of Kenyattas’ NCBA bank

John Gachora's Salary: In May 2019, John Gachora was appointed as the chief executive officer of NCBA Bank, a unit that was created from...

Most affordable and safest estates (and places) to live in Nairobi

Most affordable and safest estates: With the higher costs of living which is currently prevalence in Kenya, you probably want to live a comfortable...

Qatar’s Sh. 131 billion Rwanda airport set to beat JKIA

Bugesera International Airport: Rwanda and Qatar have entered into a partnership that will see the building of Sh. 131 billion Bugesera International Airport outside...

Chef Mathew Gathua: How I started Valentine Cake House with Sh. 27,000

Mathew Gathua a baker by profession is the Founder of Valentine Cake House, Kenya's most popular go-to cake house that has been dominating the...