Money Market Funds Details, Structure & How to Invest
Money Market Fund Returns;- How to Calculate
Why Saccos Block Member Exits and Stalling Refunds
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Money Market Fund Returns;- How to Calculate
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FINANCE
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Money Market Funds Details, Structure & How to Invest
Money Market Funds (MMFs) are currently one of the most popular investment vehicles in Kenya. This is because they invest in highly liquid securities like cash equivalents, government securities and highly-rated debt-based securities therefore having a high degree of safety. They also offer relatively high returns to investors than traditional savings accounts. Structure of Money Market […] More
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Money Market Fund Returns;- How to Calculate
Money Market Fund (MMFs) are a great investment for small investors as well as large investors. They usually have low entry requirements, making them accessible to many people. When calculating your Money Market Fund returns, there are three things you should understand. You can easily find this information through your fund provider, especially if you […] More
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in FINANCE, INFORMATIONWhy Saccos Block Member Exits and Stalling Refunds
A growing number of savings and credit cooperative societies (saccos) are blocking members from exiting and clinging to their deposits against their will, complaints filed with the Competition Authority of Kenya (CAK) show. Records show that in the year ended June 2023, the watchdog handled at least eight cases where saccos had declined to release […] More
