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Govt's Warning to Car Importers Ahead of December 31st Deadline
Government warns importers that any cars manufactured in 2018 will not be allowed into the country if they get to the port of Mombasa after December 31st. Good news for digital taxi drivers who are set to earn more under new pricing rates. An electric vehicle assembly plant is set to be built in Mombasa. All this and more in today’s Money Weekly newsletter. But first, a closer look at KEB's directive to importers.
5 Signs You Are About to Fall Off Your Savings Challenge and How to Stop It
Sticking to a savings challenge, whether it’s No-Spend November, a 52-week challenge, or a personal monthly goal, always starts with excitement. But a few weeks in, life happens: unplanned expenses, social pressure, emotional spending, and “I’ll replace it next month” thinking.
Age Limit for All Imported Electronics, Ksh683B Gold Discovered in Kakamega
The government to introduce a 12-year age limit on all imported electronics. A UK firm discovers Ksh683 billion gold in Kakamega. KRA to require all PIN holders to keep ETR receipts when filing returns. Skills gaps in Treasury and Parliament behind the public debt spiral. All these stories are in today’s Money Weekly Newsletter, but first, the age limit on imported electronics.
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Govt's Warning to Car Importers Ahead of December 31st Deadline
Government warns importers that any cars manufactured in 2018 will not be allowed into the country if they get to the port of Mombasa after December 31st. Good news for digital taxi drivers who are set to earn more under new pricing rates. An electric vehicle assembly plant is set to be built in Mombasa. All this and more in today’s Money Weekly newsletter. But first, a closer look at KEB's directive to importers.
5 Signs You Are About to Fall Off Your Savings Challenge and How to Stop It
Sticking to a savings challenge, whether it’s No-Spend November, a 52-week challenge, or a personal monthly goal, always starts with excitement. But a few weeks in, life happens: unplanned expenses, social pressure, emotional spending, and “I’ll replace it next month” thinking.
Age Limit for All Imported Electronics, Ksh683B Gold Discovered in Kakamega
The government to introduce a 12-year age limit on all imported electronics. A UK firm discovers Ksh683 billion gold in Kakamega. KRA to require all PIN holders to keep ETR receipts when filing returns. Skills gaps in Treasury and Parliament behind the public debt spiral. All these stories are in today’s Money Weekly Newsletter, but first, the age limit on imported electronics.
How to Deal With Social Pressures & Stick to Your Savings Challenge
Social pressure is one of the biggest reasons people abandon their financial goals, especially in Kenya, where community and togetherness often come with spending expectations. Here’s how to stay strong and hit your goals.
Schools Face Mass Closure
6,000 schools face closure and merger over low student enrolment. Govt clarifies Ksh53,000 standard school fees set for Senior Secondary Schools. Universities announce learning resumption dates after lecturers' strike ends. All this and more in today’s Money Weekly newsletter. But first, a closer look at looming mass closure of schools.
No-Spend November: How to Plan for a Zero-Spend Month Without Feeling Deprived
A successful No-Spend November is not about cutting joy; it's a powerful, temporary reset designed to help you break bad financial habits, identify where your money is secretly vanishing (your "junk expenses"), and significantly boost your savings before the December holiday season demands your cash.
IMF Questions Shilling Stability, Treasury Explains Ksh1.1B Extra Fine Paid to French Company
IMF questions the stability of the shilling after the exchange rate maintains at Ksh129 for almost a year. Treasury explains why it paid French firms Ksh7.3 billion instead of Ksh6.2 billion for canceling Nairobi-Mau Summit Highway deal. SHA announces 212 permanent and pensionable jobs. All this and more in today’s Money Weekly newsletter. But first, a closer look at IMF’s concerns over the shilling’s stability
The Payday High: What Makes You Feel Rich & Why It Is Dangerous
The moment your salary notification, whether an M-Pesa message or bank alert, arrives, a chemical rush floods your system. This is the Payday High, a fleeting but potent feeling of euphoria, control, and perceived wealth. For a brief 24 to 48 hours, you feel rich, powerful, and capable of saying "yes" to every want.
Toll Fees for Dualled Nairobi-Nakuru Highway Revealed, Kenya to Pay Adani for Cancelled Deal
Kenyans to pay Ksh8 per kilometer for tolled Nairobi-Nakuru highway. Govt begins talks with Adani for compensation talks after cancellation of Ksh96 billion power transmission line deal. EACC announces 93 job vacancies for degree and diploma holders. All this and more in today’s Money Weekly newsletter. But first, a closer look at the toll fees for the dual Nairobi-Nakuru highway.
Why You Keep Dipping Into Your Savings and How to Stop
You’ve probably been here before. You set a goal to save diligently for that car, emergency fund, or a plot of land, and for the first few months, things go well. Then, one small “temporary” withdrawal turns into two, and before you know it, your savings account looks like a regular spending account.
Ksh784 Trillion State House Blunder, 188 SACCOs Breach Loan Rule
State House mistakenly uploads Ksh784 trillion procurement plan in new system designed to deal with tender fraud. 188 SACCOs flagged for bad loans. Airlines to compensate passengers for canceled flights. All this and more in today’s Money Weekly newsletter. But first, a closer look at the State House procurement blunder.
How to Prepare for Increased Expenses at Home During School Break
The school break may be a time for rest, but for parents, it’s also a time of increased household spending. The key is to prepare early, adjust your budget, and avoid that mid-holiday panic when everything seems to cost more than expected.