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Money Market Funds (MMFs) are currently one of the most popular investment vehicles in Kenya. This is because they invest in highly liquid securities like cash equivalents, government securities, and highly-rated debt-based securities therefore having a high degree of safety. They also offer relatively higher returns to investors than traditional savings accounts. Structure A Money Market … Read more
Money Market Fund (MMFs) are a great investment for small investors as well as large investors. They usually have low entry requirements, making them accessible to many people. When calculating your Money Market Fund returns, there are three things you should understand. You can easily find this information through your fund provider, especially if you … Read more
A growing number of savings and credit cooperative societies (Saccos) in Kenya are under scrutiny for blocking members from exiting and stalling refunds of deposits. Recent complaints filed with the Competition Authority of Kenya (CAK) have shed light on a troubling trend where members, despite adhering to the required 60-day exit notice as per the … Read more