Author: Editor
Editor
is a dedicated journalist specializing in current affairs and breaking news. She is passionate about delivering accurate, timely, and well-researched stories on politics, business, and social issues. Her commitment to journalism ensures readers stay informed with engaging and impactful news.
The Commodity Futures Trading Commission (CFTC) strongly advises anyone interested in forex trading to conduct thorough research before depositing money or sharing personal information with any forex dealer. This research should include verifying whether the dealer and its employees are officially registered with the CFTC. Additionally, traders should check the dealer’s disciplinary history through the National Futures Association (NFA). Recently, the CFTC has observed a significant rise in complaints from traders who invested large sums with unregistered offshore forex dealers. Many of these traders were introduced to the dealers through social media interactions or recommendations from friends. Unfortunately, when they…
No matter what your opinion is about the statement I’m about to make, it holds true. If you read this lesson all the way through, you’ll understand why. The wealthy and successful individuals in our world—whether they are business tycoons, professional athletes, movie stars, or top executives—have genuinely earned the success and financial freedom they enjoy. In almost every case, they work harder and smarter than 99% of the population. They put in the hours, take calculated risks, invest their time, energy, and money, and constantly strive to improve their skills. They do what most people won’t do. They are…
From my experience, the most effective and fastest way to make money in trading is by adopting a low-frequency, hands-off approach. If you’ve been following me for a while, you may already be familiar with this concept. However, in today’s lesson, I want to take it a step further and explain why it is beneficial to view trading as something you do on the side rather than relying on it as your sole source of income. A smart trader should aim for a minimalist trading strategy—one that involves taking fewer trades but with a strong conviction. This method, often referred…
Kenya is leading the way in mobile banking and digital financial services, thanks to its widespread mobile phone use and innovative solutions. Mobile loan apps have dramatically transformed how Kenyans access credit by offering fast, convenient, and collateral-free loans. Here’s a detailed look at some of the top mobile loan apps in Kenya, highlighting their features, benefits, and how they contribute to the financial landscape: 1. M-Pesa (M-Shwari and Fuliza) M-Pesa, in partnership with NCBA Bank, offers two essential services: M-Shwari and Fuliza. Benefits: Explore M-Shwari and Fuliza today. 2. Tala Tala is a mobile lending pioneer, particularly aimed at…
In Kenya, mobile loan apps have become an essential tool for accessing large loans. With so many options available, it can be overwhelming to choose the right app that offers the loan amounts you need. If you’re looking to secure a significant loan quickly, here’s a guide to the top four trusted loan apps that can help you get KES 100,000 or more. For many Kenyans, a loan of KES 100,000 is a substantial amount, especially when borrowing from a digital lender. Below are four reliable loan apps that can help you access larger amounts with ease and efficiency. Branch…
The Ministry of Education’s Cabinet Secretary, Julius Ogamba, has announced that the government is working on a new and improved funding model for students in higher learning institutions. Ogamba stated that the new model is set to be implemented in September, coinciding with the admission of the 2024 Form Four KCSE class into universities, colleges, and TVET institutions. The Cabinet Secretary shared that a special committee, appointed by the President in September 2024, has already submitted its preliminary report. This report suggests changes to the university funding model that was introduced in 2023, which had been fraught with challenges. The…
What is a Loan? A loan is a financial arrangement where one party lends money to another party with the expectation that the borrowed amount, known as the principal, will be repaid over time. Often, the lender adds interest, which is a fee for borrowing the money. This interest is paid alongside the principal, increasing the total amount to be repaid. Loans can be offered as a lump sum or as an open-ended line of credit, where the borrower can use up to a certain limit. Loans come in various forms, such as secured, unsecured, personal, or commercial loans, each…
Student loans can be overwhelming, but you’re not alone, and with a little guidance, they don’t have to be a source of stress. We’re here to help you navigate through the process and make the most of your student loans. Fill Out the FAFSA Every Year Whether or not you think you’re eligible for financial aid, it’s important to fill out the FAFSA (Free Application for Federal Student Aid) every year. This is your first step to discovering what scholarships, grants, and federal aid are available to you. The FAFSA for the 2024-2025 school year will become available in December.…
When your savings and scholarships aren’t enough to cover the costs of higher education, student loans are a practical option to explore. Before taking out loans, it’s important to start by filling out the FAFSA (Free Application for Federal Student Aid), even if you think you won’t qualify for aid. Completing the FAFSA is necessary to determine your eligibility for various types of free financial assistance, such as state and federal grants. Additionally, your FAFSA information helps assess your eligibility for: Schools use the information you provide on the FAFSA to determine whether you’re eligible for grants or loans. Federal…
Mobile loans have gained popularity in Kenya due to their convenience and accessibility. However, like any financial product, they come with their advantages and disadvantages. Below is a breakdown of the pros and cons to help you make an informed decision. Pros of Mobile Loans Cons of Mobile Loans Conclusion Mobile loans provide an easy and fast way to access cash, but it’s important to weigh the pros and cons carefully before borrowing. If you plan to use mobile loans, be sure to read the terms and conditions, understand the interest rates, and borrow only what you can comfortably repay.…