The last couple of months have seen rather discouraging times in our banking sector, with the collapse of Dubai Bank and Imperial Bank, and most recently Chase Bank which is in receivership under the management of KCB. However, it is heartening to see aggressive moves in the market, like the recent launch of Spire Bank. Inspired by the word “Inspire” , Spire Bank says it is here…
I’m a member of an investment club (a chama), with 9 other ladies, much older than me. In fact, this is my Mom’s club, she invited me to join after my original investment club went burst. I don’t socialize much with the other members, but this week something interesting happened. One of the members asked me to co-sign for her on a loan she was…
On this blog, I advice that as much as possible to avoid debt, but life is such that at one point or another, you will need to borrow, either to take care of an emergency or to make an investment. Used well, credit could be as much of a wealth building tool as picking the right stocks and investments. Internationally, there are ways to score…
This is a guest post by Rebecca Wanjiku, a leading tech journalist, blogger and a burgeoning finance person. Read her insightful blog here, and follow her on Twitter. Wanjiku blogs about her conversation with The Village Banker. Enjoy! If you want to guest post on this blog, check out the guidelines here. When you think of a Shylock, who comes to mind? The person who lends you money…