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Check FAQAbout Justus
Justus Kiprono is a financial and a business reporter in Kenya covering the news that involves the financial market locally, nationally, and internationally, as well as Technology, Immigration, and Guides. His solace lies in producing insightful content on tutorials, financial matters, and in-depth investigative reports. This journalist loves talking to God and keeping in touch with his son Jesus.
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Swahili
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Beloved Machakos School Principal Retires After 37 Years in Teaching
Indimuli Kahi retired as the principal of Machakos High School after 37 years in the teaching profession, with 34 years in leadership roles across various schools. He has been a principal at Machakos High School since 2019 and previously served at Chavakali High School, Vihiga High School, and Tom Mboya Secondary School. Kahi holds an MBA in Strategic Management and a Bachelor's in Education, and has held significant leadership positions in the Kenyan education sector, including president of the African Confederation of Principals and National Chairman of KSSHA. He is also a council member of the International Confederation of Principals. Kahi, who is a recipient of the OGW state award and was named outstanding principal shujaa of the year in 2016, is recognized for his wider community impact and is wished blessings in his retirement by colleagues and students.
Airtel Money Withdrawal Charges in 2024
Airtel Kenya updated Airtel Money charges, affecting costs of sending money to other networks and cash withdrawal fees. The new charges for various withdrawal amounts are detailed, with a comparison to Safaricom's Mpesa showing Airtel as more cost-effective. Airtel maintains free transfers within its network and claims customers save close to 40% on transaction charges.
IEBC Could Soon Pay Posta Sh1.7B for Election Services
The Independent Electoral and Boundaries Commission (IEBC) owes the Postal Corporation of Kenya (PCK) Ksh1.2 billion from a Ksh1.7 billion contract for transporting voting materials during the 2022 general election. PCK has only received Ksh500 million, causing financial strain and affecting service delivery and staff sustainability. Posta employees, represented by the Communication Workers Union of Kenya, Nakuru branch, threatened to strike over a five-month payment delay. Posta's CEO, Mr. John Tonui, is hopeful that the supplementary budget will allow IEBC to pay the outstanding amount, enabling PCK to settle Ksh530 million in pending bills.
AG Bitcoin Miner: The Latest Crypto Scam to Watch Out For
AG Bitcoin Miners is a fraudulent Bitcoin mining company operating in Kenya, following the footsteps of a previous scam, BTCM. It promises high returns on investments within short periods, but the company is not traceable on Google, uses international phone numbers on WhatsApp, and provides fake company registration documents. The owner, Mathew Shaw, is not found on social media or Google. The company also uses photos from a legitimate crypto miner, Argo Blockchain, falsely claiming them as their own. The Central Bank of Kenya has warned that virtual currencies are not legal tender in Kenya, offering no protection against such scams. AG Bitcoin Miners has falsely claimed to have made over Ksh8 billion in 2021.
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Top 5 Best Fixed Deposit Accounts with High Interest Rates in South Africa
The article discusses fixed deposit accounts in South Africa, highlighting their advantages and disadvantages. Fixed deposits offer guaranteed returns and are insured by the Corporation for Deposit Insurance (CoDI), providing liquidity and flexible tenure. However, they may yield low returns during inflation and lock away funds, making them less lucrative compared to other investments. The South African government encourages saving by maintaining a low repo rate. The article lists the top 5 banks with the best fixed deposit rates: African Bank, Absa Bank, Standard Bank, Capitec Bank, and First National Bank (FNB), detailing their minimum deposits and effective annual rates. African Bank leads with a peak rate of 12.50% per annum, while FNB offers a rate of 8.84% on a 60-month term.
The Best Short Courses in South Africa That Will Get You a Job
The article discusses the growing trend of short courses in South African educational institutions, which provide practical knowledge in a condensed time frame and are more affordable than traditional degree programs. These courses are becoming increasingly popular due to their alignment with in-demand skills in the job market, especially as remote work becomes more common. The article lists and describes the top five short courses in South Africa that can lead to high-paying jobs or immediate employment opportunities. These courses include Digital Marketing, Business Management, Applied Psychology, Cryptocurrency Blockchain Technology, and Software Development. The article also mentions specific South African universities and colleges offering these courses, such as the University of Cape Town, University of Johannesburg, and the South African College of Applied Psychology (SACAP).
Tips To Control Overspending And Avoid Negative Cash Flow
The article discusses the issue of negative cash flow, both in the context of a business and an individual's financial life. Negative cash flow is defined as spending more than is earned, which can lead to debt, disrupted budgets, and mental health issues due to stress. The article provides tips for individuals to recover from overspending, such as creating a needs versus wants list, tracking spending with tools like Mint, Zeta, and Personal Capital, and controlling food costs by cooking at home instead of ordering online. The author emphasizes that controlling spending is crucial for a secure financial future and encourages readers to persist in their efforts to manage their finances better.
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