News Unveiled

  In the modern world, financial management is not just a skill; it's a necessity. Whether you're aiming for short-term financial goals like buying a new car or saving for long-term objectives such as retirement, effective money management is the key to achieving financial stability and success. In this blog, we'll explore some essential strategies and tips to help you manage your finances wisely. Create a Budget: The cornerstone of financial management is creating a budget. Start by listing all your sources of income and then categorize your expenses, including essentials like rent/mortgage, utilities, groceries, transportation, debt payments, and discretionary spending. Allocate a portion of your income to each category and strive to stick to it. Track Your Spending: Once you have a budget in place, track your spending meticulously. Use apps or spreadsheets to monitor where your money is going. This practice helps identify areas where you may be overspending and allows yo...

In a move that has ignited both debate and dissent across Kenya, President William Ruto has officially enacted a contentious bill into law, paving the way for the government's continued collection of a 1.5% housing levy from workers' monthly earnings. This levy, initially proposed to fund the construction of affordable housing for the country's economically disadvantaged citizens, has become a focal point of contention, drawing criticism from various quarters. The genesis of this levy lies in President Ruto's manifesto for the 2022 election, where it was pledged as a measure to address the housing crisis faced by many Kenyans. However, its implementation has faced significant backlash, with opposition figures and a substantial portion of the populace decrying the imposition of yet another financial burden amidst an array of new taxes. The road to the enactment of this law has been fraught with legal challenges and public outcry. Initially held up in courts due to a lack...