Your Extended Knowledge
Local bank codes are managed by a central bank, a bank supervisory body or a Bankers Association in a country. Codes are then assigned to all its licensed member banks or financial institutions. The code rules vary between the countries
Money Market Funds (MMFs) are a type of Unit Trust Funds (UTFs) that pool funds from different investors and mainly invest in short-term debt instruments such as Treasury Bills and Commercial Papers, and also in Money Market Instruments such as Call and Fixed Deposits.
Money Markets funds are low- risk short-term mutual investment schemes using instruments such as Securities, Cash and Cash equivalents. All Money Markets Funds Managers must be regulated by The Capital Market Authority.
Safaricom was publicly listed on the Nairobi Securities Exchange (NSE) in 2008. Then, the public responded by oversubscribing the shares. The current shareholding structure comprises the Government of Kenya (35%), Vodacom (35%), free float (25%), and Vodafone (5%).
If you file within early, you could avoid unnecessary penalties for late filing. Note that the deadline is June 30, 2022. Avoid last minute filing, sometimes the system may be overloaded and delay your filing earning you a very avoidable penalty.
GDP is projected to grow 5.6% in 2023 and 6.0% in 2024, driven by services and household consumption. Inflation is projected to rise to 8.6% in 2023 and 5.9% in 2024, driven by food and energy inflation. Monetary policy is expected to remain tight.
A medical laboratory or clinical laboratory is a laboratory where tests are usually done on clinical specimens in order to obtain information about the health of a patient as pertaining to the diagnosis, treatment, and prevention of disease.
What is health insuranceHealth insurance is insurance that covers the whole or a part of the risk of a person incurring medical expenses, spreading the risk over a large number of persons. By estimating the overall risk of health care and health system expenses over the risk pool, an insurer can develop a routine finance…
With the current economy in Kenya, students who wish to study degree courses in the country need appropriate advice before they stumble into courses that will make them jobless for years.
Fixed rate mortgage is considered the safest but are often more expensive compared to variable rate mortgages. In addition, you risk locking yourself in a higher rate in cases where the interest rates are falling.
