🚨 MoneyAcademyKE
01.05.202515:50
Moe
Global Market update:
Microsoft surpasses Apple to become the largest company by market cap.
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Global Market update:
Microsoft surpasses Apple to become the largest company by market cap.
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21.04.202513:18
Moe
Global Market Update:
Michael Saylor’s Strategy has just bought another 6,556 BTC worth $555 million, bringing its total holdings to over 538,000 BTC.
The company now holds 2.5% of the entire Bitcoin supply.
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Global Market Update:
Michael Saylor’s Strategy has just bought another 6,556 BTC worth $555 million, bringing its total holdings to over 538,000 BTC.
The company now holds 2.5% of the entire Bitcoin supply.
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21.04.202508:00
Moe
Bitcoin has crossed $87,000
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Bitcoin has crossed $87,000
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21.04.202505:34
Moe
Dividend yields from Kenyan companies are now higher than Treasury bills, with 19 companies offering yields above 8.5%
Top performers include:
—Umeme: 16.6%
—StanChart: 15%
—BAT: 13.5%
—KenGen: 13.3%
—BK Group: 12.2%
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Dividend yields from Kenyan companies are now higher than Treasury bills, with 19 companies offering yields above 8.5%
Top performers include:
—Umeme: 16.6%
—StanChart: 15%
—BAT: 13.5%
—KenGen: 13.3%
—BK Group: 12.2%
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21.04.202503:38
Moe
According to SRC report, civil servants missed salary increments between July and December 2024 due to the lack of a fully constituted SRC, leaving Sh10 billion in requests unaddressed.
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According to SRC report, civil servants missed salary increments between July and December 2024 due to the lack of a fully constituted SRC, leaving Sh10 billion in requests unaddressed.
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17.04.202513:13
Moe
As an investor aspiring for global opportunities, StanChart Kenya hosted one of the top global asset managers, AllianceBernstein, in Nairobi.
We've summarized key insights from the visit.
Save the thread below:
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As an investor aspiring for global opportunities, StanChart Kenya hosted one of the top global asset managers, AllianceBernstein, in Nairobi.
We've summarized key insights from the visit.
Save the thread below:
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30.04.202512:52
Moe
Understanding How Different Types of Bank Loans Work in Kenya:
Save the thread below.
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Understanding How Different Types of Bank Loans Work in Kenya:
Save the thread below.
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21.04.202513:08
Moe
Global market update:
Michael Saylor’s Strategy has just bought 6,556 BTC worth $555 million, bringing total holdings to over 538,000 BTC.
He now holds 2.5% of all Bitcoin supply.
tweet
Global market update:
Michael Saylor’s Strategy has just bought 6,556 BTC worth $555 million, bringing total holdings to over 538,000 BTC.
He now holds 2.5% of all Bitcoin supply.
tweet
21.04.202507:20
Moe
Taxpayers will continue to pay billions in legal fees to external law firms hired by county governments to defend them in various legal matters.
This comes after senators declined to bar governors from seeking such services.
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Taxpayers will continue to pay billions in legal fees to external law firms hired by county governments to defend them in various legal matters.
This comes after senators declined to bar governors from seeking such services.
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21.04.202505:24
Moe
The High Court has lifted orders blocking the auction of Peter Munga’s 75 million Britam shares, worth Sh510 million, over a defaulted Sh433 million loan to ABC Bank.
—Peter Munga (Founder of Equity Bank) holds 75 million shares in Britam.
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The High Court has lifted orders blocking the auction of Peter Munga’s 75 million Britam shares, worth Sh510 million, over a defaulted Sh433 million loan to ABC Bank.
—Peter Munga (Founder of Equity Bank) holds 75 million shares in Britam.
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21.04.202502:47
Moe
KRA is set to be linked to four key systems—IFMIS, iTax, GHRIS, and CBK—in tracking payments to suppliers and civil servants.
This move is aimed at catching tax cheats and boosting revenue
Explanation of each system in the thread below
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KRA is set to be linked to four key systems—IFMIS, iTax, GHRIS, and CBK—in tracking payments to suppliers and civil servants.
This move is aimed at catching tax cheats and boosting revenue
Explanation of each system in the thread below
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17.04.202510:26
Moe
Kenya's government is looking for private investors to help build four high-voltage power lines at a cost of Sh49 billion.
This comes after a deal with India’s Adani Group was cancelled, leaving a Sh655 billion gap in infrastructure funding.
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Kenya's government is looking for private investors to help build four high-voltage power lines at a cost of Sh49 billion.
This comes after a deal with India’s Adani Group was cancelled, leaving a Sh655 billion gap in infrastructure funding.
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27.04.202505:08
Moe
Kenya is set to receive a loan of Sh97 billion from the World Bank before the end of June 2025 for budget support and economic reforms.
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Kenya is set to receive a loan of Sh97 billion from the World Bank before the end of June 2025 for budget support and economic reforms.
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21.04.202510:01
Moe
Global Market update:
China threatens to retaliate against countries supporting the US on trade.
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Global Market update:
China threatens to retaliate against countries supporting the US on trade.
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21.04.202506:34
Moe
KenInvest will start giving investment updates every 3 months to help businesses plan better and guide government support to key sectors.
The new system will track firms registering, applying for permits, or setting up in Kenya
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KenInvest will start giving investment updates every 3 months to help businesses plan better and guide government support to key sectors.
The new system will track firms registering, applying for permits, or setting up in Kenya
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21.04.202504:38
Moe
Kenya's Treasury has reduced its tax revenue projections by Sh516 billion for the year ending June 2025, highlighting challenges in meeting the Sh2.9 trillion target.
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Kenya's Treasury has reduced its tax revenue projections by Sh516 billion for the year ending June 2025, highlighting challenges in meeting the Sh2.9 trillion target.
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20.04.202504:00
Moe
Ernst & Young says gov't should cut taxes, not increase them, in the coming financial year.
—Experts warn raising taxes could stifle production and lower revenue.
The ambition to collect Sh3.4 trillion for a Sh4.3 trillion budget is unrealistic in the current setup.
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Ernst & Young says gov't should cut taxes, not increase them, in the coming financial year.
—Experts warn raising taxes could stifle production and lower revenue.
The ambition to collect Sh3.4 trillion for a Sh4.3 trillion budget is unrealistic in the current setup.
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17.04.202508:09
Moe
Gold has hit a new record high of $3,350
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Gold has hit a new record high of $3,350
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24.04.202511:57
Moe
Top crypto pick this week for those looking beyond MMFs & bonds.
Save this for later.
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Top crypto pick this week for those looking beyond MMFs & bonds.
Save this for later.
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21.04.202508:10
Moe
Breaking news:
Pope Francis has died at the age of 88, the Vatican has announced
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Breaking news:
Pope Francis has died at the age of 88, the Vatican has announced
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21.04.202506:04
Moe
CBK has given local banks six months to meet new rules ensuring they have enough cash to handle large withdrawals for 30 days.
Starting October 1, 2025, banks must keep more cash than the current 20% of their deposits
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CBK has given local banks six months to meet new rules ensuring they have enough cash to handle large withdrawals for 30 days.
Starting October 1, 2025, banks must keep more cash than the current 20% of their deposits
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21.04.202504:08
Moe
The Public Procurement Regulatory Authority is investigating State helicopter hire contracts awarded to a private firm.
This comes after the firm was awarded 90% of these contracts over the past three years, raising concerns about procurement fairness
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The Public Procurement Regulatory Authority is investigating State helicopter hire contracts awarded to a private firm.
This comes after the firm was awarded 90% of these contracts over the past three years, raising concerns about procurement fairness
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17.04.202515:39
Moe
CITAM churches reported an income of Sh2.4 billion in 2024, marking a 4% increase from the previous year.
The top three contributors were:
—CITAM Valley Road with Sh404 million
—CITAM Woodley with Sh253 million
—CITAM Karen with Sh215 million
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CITAM churches reported an income of Sh2.4 billion in 2024, marking a 4% increase from the previous year.
The top three contributors were:
—CITAM Valley Road with Sh404 million
—CITAM Woodley with Sh253 million
—CITAM Karen with Sh215 million
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17.04.202507:34
Moe
Kenya’s government plans to close over 1,000 children’s homes as it rolls out major childcare reforms.
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Kenya’s government plans to close over 1,000 children’s homes as it rolls out major childcare reforms.
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