It would have been so easy to write off 2020 & 2021 with everything thatโs been going on in the world.
But itโs so amazing to see the many financial strides & wins people have been getting ๐๐พ๐๐พ
2022, here we come!
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Here are some of the most resilient achievements of the year; among many others from our "Abojani Hidden Gem" community members.
Case 1: Joan (below) hit her December 2021 goals last month ๐
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Case 2: Sam had only 350K in his @CICGroupPLC MMF account in February 2021. Sheer determination, living on less & finding extra income did it all. Our 12th member to claim the #1MillionChallenge ๐
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If you thought all our members are not "kawaida" people, you are wrong! Here's James who joined our monthly masterclass last year & didn't take immediate action on his wealth goals.
He started & his eyes are set on the prize, Ksh 100K by mid next year!
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What are you waiting for?
Claim your wealth goal in 2022. Subscribe to our "Hidden Gem" community & begin with what you have.
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To be a member, it all starts at our flagship entry level program, the Abojani Personal Finance & Investments Masterclass. Join our #January class. We have a Ksh 1000/- discount valid up to 29/12/21. Pay Ksh 3500 to: Lipa na MPESA
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Account No. Your Name
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The manufacturing sector in Kenya contributes approximately 7-8% of GDP, well below the 15% target envisioned under Kenya Vision 2030. This gap in industrialization, combined with the evolving global supply chains and Africaโs integration under the African Continental Free Trade Area (AfCFTA), has elevated Special Economic Zones (SEZs) from policy tools to strategic economic infrastructure.
The framework that defines SEZs is governed by the Special Economic Zone Act and regulated by the Special Economic Zones Authority (SEZA). According to @SEZAuthority_ke Annual Report 2024, the authority noted cumulative investment commitments of approximately KES 91 billion across licensed SEZs. While commitments reflect investor confidence, actual capital deployment and operationalization remain the more critical long-term goal.
Globally, manufacturing is diversifying away from the Asian continent driven by cost pressures, geopolitical risks and change in supply-chain strategies. This has created space for emerging African industrial hubs, and Kenyaโs SEZ strategy is designed to position the country as the go to investment destination.
I started investing, seriously, in my last year of uni. And I saw dust.
It was a business my former classmate and I founded and poured every coin we had gathered in those 4 years at JKUAT selling electronics on commission, after classes. The business died a natural death, after precisely 12 months of making losses and eating into our pockets. So we chose our own sanity. To live to fight another day.....
When I first gave employment a chance, my uncle who works in government, organized a pretty decent internship for me. It was a year-long routine of saving money in my bank account, all the while just scouting for investing opportunities. Deep down, I knew the world had a lot to offer me...
But even then, ambition never let me stay still. At one point, I was juggling three jobs, tutoring, freelance writing, and a small consultancy gig to make ends meet. The consultancy paid 100K for a single month, and yes, I genuinely thought I had made it. Only problem is I cannot even tell where that money went....
7 HABITS OF PEOPLE WHO ACTUALLY BUILD WEALTH ๐งต๐งต
Building wealth isnโt about luck, flashy investments, or waiting for a windfall. Itโs about the daily habits and choices that steadily grow your financial foundation.
Here are seven practices that set long-term wealth builders apart from everyone else.....
1. Pay Yourself First โ Save or Invest 20% of Your Income
One of the most important habits of financially successful people is prioritizing themselves before anyone else. Instead of saving whatever is left at the end of the month, they set aside at least 20% of their income for saving or investing as soon as they are paid. This creates a disciplined approach that ensures your future is being funded, no matter how busy life gets or how tempting spending may be. Over time, this habit compounds into substantial financial security.
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2. Build a Cushion of Six Monthsโ Expenses
Life is unpredictable. Job losses, medical emergencies, or sudden large expenses can happen at any time. Having a financial buffer, usually six monthsโ worth of living expenses, is critical to avoid debt and maintain peace of mind. Wealth builders know that this cushion isnโt just money sitting in a bank; itโs a protective shield that allows them to make calculated financial decisions without panic.
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Retirement is not just about stepping away from work, itโs about ensuring that the life youโve built can continue without the monthly paycheck. Planning for it requires more than just saving; it calls for foresight.
1๏ธโฃ First, think about time. How many years do you realistically have before retirement, and how many years will you need to sustain yourself after? Longevity is increasing, which means your money must work longer than ever.
2๏ธโฃ Second, factor in lifestyle. Retirement doesnโt automatically shrink your expenses. In fact, medical costs often rise with age, and leisure spending can too if you plan to travel or pursue hobbies. A clear view of the life you want helps define the resources required.
3๏ธโฃ Third, consider inflation. The shilling today wonโt have the same power twenty years from now. Investments that grow faster than inflation (equities, real estate, or well-structured funds) are necessary to keep your savings relevant.
In August 1602, the Dutch East India Company (VOC) made history by launching the worldโs first public offering (IPO).
The VOC aimed to raise 6.5 million guilders (equivalent to hundreds of millions of dollars today)
The IPO attracted 1,143 investors, ranging from wealthy merchants to ordinary citizens in the Dutch Republic.
That single decision in 1602 gave birth to the modern stock market.
Back home, Kenya Commercial Bank was the first company to issue an IPO in Kenya, listing at Sh20.00 in 1988 at the Nairobi Securities Exchange.
Since then, several companies went public in the years that followed:
National Bank of Kenya (1994) at Sh10.00, Kenya Airways (1996) at Sh11.25, KenGen (April 2006) at Sh11.90, Scan Group (July 2006) at Sh10.45, Eveready (Aug 2006) at Sh9.50, Access Kenya (March 2007) at Sh10.00 and Kenya Re (July 2007) at Sh9.50.
@Davinedavid1 @mmnjug The trend continued with Safaricom (June 2008) at Sh5, Co-op Bank (Oct 2008) at Sh9.50, Britam (Sep 2011) at Sh9.00, Stanlib Fahari REIT (Oct 2015) at Sh20.00, and most recently Kenya Pipeline Company (Jan 2026) at Sh9.00 per share.