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Showing posts with the label finance
Curated reading

finance

Stories, perspectives and useful ideas gathered around this theme.

God Doesn't Do Business; Ignore Prosperity Preachers

The gospel of success is big business in Kenya nowadays.  Almost all preachers; in churches and on television, radio, social media and blogs are preaching about the health and wealth of gospel.  It is big business and believers are going to church every Sunday not to worship an…

How Companies Decide How Much They Will Borrow

Business activities are directly affected by the acquisition and utilization of finances. The financing function is at the nerve of all managerial functions in any business. Production, marketing, recruitment, distribution, acquisition of capital goods and advertising are functio…

Budget Control

Budget control is where managers evaluate a Company’s quantitative plan (budget) in order to point out the areas that are not operating as expected and then they take corrective measures so as to put the plan of action in line with the set goals and objectives. The norm is that, budg…

New Kenyan Currency

This is not how the new Kenyan currency notes will look like. It is the creative imagination of a Kenyan designer. The design has aroused discussion on social media with some Kenyans seconding his creativity.  What do you think? Should the Central Bank of Kenya give him a call…

Banks are Misusing CRB

You probably don't know that once your name is submitted to the Credit Reference Bureau (CRB), as a defaulter, you remain listed for 5 years even after you repay your debt and the Kshs 2,000 clearance fee. During these five long years, lenders will treat you as a high risk borrower…