Investing in Money Market Funds (MMFs)

A step-by-step guide Kenyan money market funds (MMFs) generally invest your money in relatively long-term bonds or T-bills and pay you 13-16% per annum.

As a benefit, you can deposit and withdraw at any time, unlike bonds and T-bills.

In this thread, we will use the Britam app, which allows you to invest in its MMF.

We've done a deeper analysis on NSSF contributions and beyond for those who haven't fully understood the changes that took effect on Feb 1, 2025, and continuing into 2026.

This includes how payslips will look after deductions

Read & Save the thread below; lets start with 2023 NSSF Contributions
Tier 1: This applied to salaries up to Sh6,000. Employees contributed 6% of Sh6,000 = Sh360.

Tier 2: Applied to earnings between Sh6,000 and Sh18,000. Employees contributed 6% of (Sh18,000 - Sh6,000) = Sh720.

Total NSSF Contribution: Sh1,080

Understanding how bank loans work in Kenya.

Save the thread below: Loans can be a powerful financial tool—whether for business expansion, education, emergencies, or asset purchases.

But how do they work? Let’s break down loan types, interest rates, approval factors, and how to apply them.

A court case has revealed that a rogue Equity Bank employee illegally transferred Sh386.5 million to eight companies in just one month.

Thread below: The employee, who has since been dismissed, made the transfers between May 17 and June 14, 2024.

Equity Bank discovered the fraud and reported it to the Banking Fraud Investigation Unit under the DCI.

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Last week, we highlighted what Britam Bond Plus is all about.

Now, here’s a thread with step-by-step guidelines on how to invest, with screenshots Step 1: To start the journey, you can use this website:

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Or you can use the Britam App, Customer Portal, or USSD *778# to access the Britam Bond Plus Fund.ke.britam.com/buy/bond-plus-…

How to Check if Your SACCO in Kenya is Financially Stable

We have analyzed some financial ratios using data from the top SACCOs based on the 2023 and some 2024 reports, comparing them with key standards

Save the thread below: Let's start with some of the requirements to assess your SACCO's financial stability by comparing its financial ratios with the following prescribed standards:

—Core Capital to Total Assets (CCA): Minimum 10%
—Core Capital to Total Deposits (CCD): Minimum 8%
—Institutional Capital to Total Assets (ICA): Minimum 8%
—External Borrowing to Total Assets: Maximum 25%
In explanation in details:

Here is a list of some of the Saccos affected by the KUSCCO scandal, along with the amounts involved.

Thread below Kimisitu Sacco Society recorded a Sh353.9 million loss in 2024 due to KUSCCO exposure.

Tired of Saccos and MMFs.

Save this thread for later. As distaste for saccos and mmfs rises due to incredible mismanagement and dwindling interest its hard not to consider the benefits of the crypto ecosystem.

While the gold standard of investing is simply holding Bitcoin our preffered alternative is BNB Simple Earn for the extra benefits and for which there's a tutorial below.

Here are the Saccos that have announced their dividends and interest on savings for the financial year ended December 31, 2024.

You can check your Sacco in the thread below: Nation Sacco
—Interest: 11%
—Dividends: 20%

Tower Sacco
—Interest: 13%
—Dividends: 20%

Port DT Sacco
—Interest: 12.5%
—Dividends: 20%

A new bill has been proposed in Parliament that seeks to introduce rules for commercial motorcycle operators, including registration, tracking devices, helmet requirements, and penalties for violations.

The new proposals include:

—Registration with the County Executive:

All commercial motorcycle operators must register with the respective County Executive and pay the prescribed fees.

More details below: —Tracking Devices:

Motorcycles must be fitted with a tracking device approved by the County Executive, allowing real-time location identification.

The US government has canceled five major aid contracts and grants in Kenya worth Sh32.5 billion, marking the start of Trump's funding cuts.

Here are the key terminations in the thread below: —Sh11.5 billion – A five-year USAID contract with the Research Triangle Institute for expanding energy access in East and Central Africa (33 sub-contracts affected).

A Brief History of Mahamoud Ali Youssouf: The New AUC Chairperson

Thread below: Background and Education

—Youssouf was born and raised in Djibouti. He studied business management at the University of Liverpool in 1988.

—He furthered his education with a Master's degree in management from the University of Laval, Canada, in 1990.

This is our top investing recommendation for those looking for a crypto alternative to MMFs and bonds.

Save this thread for later. Last week, we highlighted how Binance HODLer Airdrops provide better returns than MMFs and bonds.

Those who invested in BNB last week are already up 10% from price recovery + the HODLer airdrop. Meanwhile, MMFs and bonds returned less than 1%.

Coop Bank introduced a new personal loan product that allows borrowers to use their pay slip as the primary document for application.

Here is the thread guide about it: With this product, individuals can access an unsecured loan ranging from Sh50,000 to Sh9 million, with repayment terms extending up to 120 months.

The application is processed using a credit scoring system, with decisions typically reached within 48 hours.

USAID disbursed Sh84 billion to over 230 institutions in Kenya in FY 2024.

Here is the Full of list of atleast all institutions:
—World Food Program: Sh15.6 billion
—Enterprises - US Redacted: Sh8.3 billion

Thread below: —Agriculture Cooperative Development: Sh5 billion
—Catholic Relief Services: Sh2.7 billion
—Development Alternatives: Sh2.5 billion
—World Vision: Sh2.3 billion
—PATH: Sh2.2 billion
—Liverpool VCT, Care and Treatment: Sh2.1 billion
—Moi Teaching & Referral Hospital: Sh2 billion
—United Nations Children Fund: Sh1.6 billion
—Abt Associates: Sh1.6 billion
—Amref Health Africa: Sh1.5 billion
—Mercy Corps: Sh1.4 billion
—University of Nairobi: Sh1.2 billion
—Centre for Health Solutions - Kenya: Sh1.2 billion
—University System of Maryland: Sh1.2 billion
—Concern Worldwide: Sh1.2 billion
—Kenya Red Cross Society: Sh1.1 billion

MMFs are the preferred way to save in Kenya.

This is the best alternative to money market funds (MMFs) using crypto. Today Binance will be giving away its 7th HODLer airdrop.

It will give Berachain (BERA) to those who save BNB via Binance Simple Earn based on balance between January 22 and January 26.

The HODLer airdrop will be worth about 4% of savings while your MMF is up 0.015% this year

SASRA has released the list of all licensed Saccos in Kenya for the financial year ending 31st December 2025, which are authorized to operate in Kenya

Thread below:

We've done a deeper analysis on NSSF contributions and beyond for those who haven't fully understood the upcoming changes starting Feb 1, 2025, and continuing into 2026.

This includes how payslips will look after deductions.

Save the thread below: Let’s start with 2023. The NSSF contribution had two parts: Tier 1 and Tier 2.

For Tier 1, the contribution was 6% of Sh6,000(lower limit) ,which is Sh360.

For Tier 2 it was 6% of Sh12,000 (the difference between Sh18,000(Upper limit) and Sh6,000), which is Sh720.

Total NSSF contribution: Sh1,080

Many people are struggling to finance a project or purchase like land, a house, or even starting a business.

Now, here’s a thread on how you can access a loan with just your pay slip.

Save it later. Now, Coop Bank has launched the “Kaslip loan,” an easy way to borrow money using just your pay slip.

No high salary or complex paperwork needed—ideal for projects like buying land, building a house, or starting a business

Here’s how it works, requirements, and accessibility

Here is the list of President Donald Trump's announcements:

—He announced that US policy recognizes only two genders: male and female

—He announced that US astronauts would plant an American flag on Mars.

Thread below: —He announced that foreign countries should be taxed to provide more benefits to US citizens and create an external revenue service.

—He announced a national emergency at the southern border to stop illegal entries and begin returning people.