Author: Editor

Understanding Forex Trading: A Beginner’s Guide Forex trading, also known as foreign exchange trading, is the process of buying and selling currencies to make a profit. It is one of the largest financial markets in the world, operating 24 hours a day across different time zones. Since different countries use different currencies, forex trading allows individuals, businesses, and governments to exchange one currency for another based on market prices. What Are Currency Pairs? In forex trading, currencies are always traded in pairs. A currency pair consists of two currencies—one being bought and the other being sold. The first currency in…

The foreign exchange (forex) market is a truly global financial hub where traders from around the world engage in transactions worth trillions of dollars daily. Due to its global nature, economic developments in various regions significantly impact currency values. Forex traders are no longer limited to the most popular currencies; instead, they can explore a wide range of options. Understanding key economic trends and events can help traders, especially beginners, make informed decisions and improve their chances of success. Key Takeaways The Role of Macroeconomics in Forex Trading Macroeconomic conditions are the main driving force behind currency movements in the…

Starting a lending business in Kenya offers great potential, with a significant gap in credit availability—around $1.1 billion. Despite the competition from over 300 fintech companies, banks, microfinance institutions, SACCOs, and digital lenders, there’s still a huge opportunity for new players. Approximately 7.4 million MSMEs (Micro, Small, and Medium Enterprises) in Kenya are struggling to access loans, with a large portion of the population still excluded from financial services. This gap, especially in lending to women-owned MSMEs, creates a space where you can strategically position yourself and thrive. This article will walk you through the steps to become a successful…

Many Kenyans earn below Ksh 50,000 monthly, with the average income standing at Ksh 20,123. Considering the cost of living today, where a comfortable lifestyle requires about Ksh 150,000 per month, most people operate on tight budgets and often struggle to meet daily expenses. What can 5,000 Ksh do for you?Although 5,000 Ksh might seem like a small amount, it can make a significant difference in various situations. With this amount, you could purchase a week’s worth of groceries, covering essentials like rice, bread, vegetables, and household basics. It could also cover a simple haircut, local transport for a few…

In today’s fast-paced world, access to quick financing is crucial, especially during emergencies. Loan apps that process loans within minutes have become a lifeline for many Kenyans, providing instant access to funds without lengthy application processes. Here are the top loan apps that guarantee fast loan approvals and disbursements: 1. Tala Tala is a household name in Kenya, known for its quick loan processing. The app uses smartphone data to assess creditworthiness and processes loans in as little as 5 minutes. 2. Branch Branch offers fast and convenient personal loans with no collateral or paperwork required. The app ensures funds…

Personal loans have become a popular way for Kenyans to access quick financing for various needs, from emergencies to business ventures. As the demand for loans grows, numerous providers have entered the market, each offering unique benefits and terms. Here are the top 10 personal loan providers in Kenya for 2025: 1. M-Pesa (Fuliza and M-Shwari) M-Pesa remains a favorite among Kenyans, thanks to its convenience and accessibility. Fuliza allows users to access overdrafts for small amounts, while M-Shwari offers loans to M-Pesa users based on their savings and transaction history. 2. KCB M-Pesa A partnership between Safaricom and KCB…

28, 2025, demonstrators in Kinshasa, the capital of the Democratic Republic of Congo (DRC), attacked the embassies of France, the United States, Rwanda, Uganda, and Kenya. These protests were fueled by anger over the M23 rebels’ advance into Goma, a major city in eastern DRC. The M23 group is believed to receive support from Rwanda, intensifying regional tensions. In Goma, the situation has deteriorated rapidly. Continuous gunfire has been reported as M23 rebels face resistance from the Congolese army and allied militias. Hospitals are overwhelmed with casualties, and there are alarming reports of rapes and looting. The conflict has displaced…

The Kenya Power and Lighting Company (KPLC) has announced planned power outages in several areas across six counties, including Nairobi, set to take place on Tuesday, January 28. According to the notice shared by KPLC, the interruptions are necessary to facilitate maintenance work, which will begin at 9 a.m. Some regions are expected to experience power outages lasting up to nine hours. Why Power Maintenance is Important KPLC explained that the scheduled maintenance is essential to upgrade power lines, connect new customers to the grid, or replace infrastructure affected by road construction projects. These periodic upgrades are aimed at improving…

Thousands of students whose education was at risk after the Controller of Budget (CoB), Margaret Nyakang’o, instructed county governments to stop issuing bursaries, can now feel reassured following government intervention to address the issue. The breakthrough was achieved during a meeting between Governors, Deputy President Kithure Kindiki, and representatives from Nyakang’o’s office at the 26th edition of the Intergovernmental Budget and Economic Council (IBEC) held in Nairobi on Monday. During the meeting, it was agreed that counties with established education funds would be allowed to resume issuing bursaries to the students who rely on them. For counties without such funds,…

Chief Justice Martha Koome has responded to the Law Society of Kenya’s (LSK) recent announcement of their intention to occupy the Supreme Court. This move by the LSK has drawn significant attention, as they claim their action aims to highlight alleged injustices within the judicial system. In her statement, CJ Koome expressed concern over the planned action, emphasizing the importance of upholding the rule of law and respecting judicial institutions. She urged the LSK to reconsider their approach, calling for constructive dialogue as the best way to address their grievances. “The judiciary remains committed to delivering justice fairly and impartially.…