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The dream: Retire at 50. Participants in an investment education webinar by CIC Group titled ‘Fire Up Your Financial Future’ took a poll that established seven out of 10 people would like to retire by the age of 50, provided they have sufficient money to last them long into their later years. Data from the Financial…
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State House received Sh3.6 billion in the less than two months to the end of the last financial year. This has been revealed by a report by the Controller of Budget (CoB) Margaret Nyakang’o. According to the report, the National Treasury released the amount between May 14, 2025 and June 24, 2025. The money was…
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NRG Radio founder Kelvin Mulei. PHOTO/COURTESY NRG Radio is one of the popular radio stations in Kenya and Africa’s first fully integrated audio-visual radio station, which combines music and entertainment for a youth-focused, multi-platform audience. The station broadcasts in Nairobi, Kisumu, Mombasa, Eldoret, and parts of Uganda. NRG first went on air in March 2018…
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PHOTO/Courtesy Between buying a 14-seater matatu or building rentals: which one would you advice someone to go for? When this question was asked, Kenyans came out in their numbers with various opinions. Indeed, this is one of the most divisive personal finance questions. One hand are Kenyans who believe that matatus are money makers and…
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University students at HELB offices in Nairobi (Photo: HELB) The Higher Education Loans Board (HELB) has announced a new extension for student loan applications, allowing both first-time and continuing students extra time to submit their requests. This move ensures learners in universities and Technical and Vocational Education Training (TVET) institutions do not miss out on…
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Watermelon farming is one of the profitable short-term farming projects that one can invest in for a quick return. The fruits take between 3-4 months to mature, meaning farmers don’t need to wait for long for the investment to start paying off. The good thing about watermelon is that its market is ever-ready thanks to the…
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The Safaricom Chapa Dimba All-Stars Team is set for their international training camp in Spain. The team, made up of 25 of the most outstanding players will depart Nairobi on Saturday evening, 6th September, for Huesca for a week-long football training camp that promises to elevate their football careers. In total, 32 players were selected for…
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Undoubtedly, businesses suffer long-lasting and significant negative impacts following a founder’s death and some of Kenya’s giant companies are a testament to this. Various issues contribute to the collapse of these businesses, including poor succession plan, family conflicts, lack of trusted advisers, varying visions between generations, lack of financial education for children, exclusion of family…
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Boeing 787 Dreamliner GEnx engine. PHOTO/Agencies/Courtesy The cost of keeping Kenya Airways Boeing 787 Dreamliners airworthy runs into billions of shillings. This has been revealed by Kenya Airways chief executive officer Allan Kilavuka. According to Kilavuka, the national carrier currently owns nine Dreamliners. Each of these KQ Dreamliners has two engines that at some point…
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It costs at least Sh8 million to train a pilot at the Kenya Airways (KQ). This KQ pilot training cost has been revealed by the Kenya Airways chief executive officer Allan Kilavuka when he explained the overall costs that the national carrier is required to meet to keep flying. According to Mr. Kilavuka, KQ currently…