Where can I invest my money in Kenya?

How can I invest 10k in Kenya?

5 Investments You Can Make With As Little As KSh 10,000

  1. Boiled eggs and smokies:
  2. Cleaning Services: …
  3. Stock Market: …
  4. Unit Trusts: …
  5. Government securities: The government has now allowed trading in treasury bonds and bills with as little as KSh 3,000. …

Where can I put my money if I want to invest it?

Here are a few of the best short-term investments to consider that still offer you some return.

  1. Savings accounts. …
  2. Short-term corporate bond funds. …
  3. Money market accounts. …
  4. Cash management accounts. …
  5. Short-term U.S. government bond funds. …
  6. Certificates of deposit. …
  7. Treasurys. …
  8. Money market mutual funds.

What should I do with 50000 ksh?

30 Business To Start With 500k In Kenya And Grow Your Wealth

  • Gym. Exercise is part of making one healthy. …
  • Cosmetic Shop. Beauty in the current error is highly considered by many people. …
  • Milk Pasteurization Plant. …
  • Taxi Business. …
  • Restaurant. …
  • Playstation Business. …
  • Nyama Choma Joints. …
  • Agrovet Shops.

How can I invest 50k in Kenya?

Below are businesses to start with 50k in Kenya as your capital:

  1. Movie Shop. The huge demand of Tv shows create a great niche for setting up a movie shop for the locals in rural areas. …
  2. Hardware Store. …
  3. Mobile Money Agent. …
  4. Farming. …
  5. Milk Bar. …
  6. Car Wash. …
  7. Professional Cleaning Business. …
  8. Boda Boda Business.
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How can I make money with 50k?

Here are ten ways to invest 50k.

  1. Invest with a Robo Advisor. One of the easiest ways to start investing is with a robo advisor. …
  2. Individual Stocks. Individual stocks represent an investment in a single company. …
  3. Real Estate. …
  4. Individual Bonds. …
  5. Mutual Funds. …
  6. ETFs. …
  7. CDs. …
  8. Invest in Your Retirement.

How can I grow my money fast?

4 Simple Ways to Make Your Money Grow Faster

  1. Track your spending, savings, and investments. If you want to gain control of your finances quickly, you need to start with two very important things: build a budget and track your money. …
  2. Pay yourself first. …
  3. Start a side hustle. …
  4. Find a residual income stream.

How can I invest in Safaricom?

You can buy Safaricom shares by placing a manual order with your broker (you may need to pay them a visit) or online via the app/online shares trading platform provided by your broker. The shares you purchase will reflect in your CDSC account after 1 or 2 days.

How can I sell my Safaricom shares?

To sell your Safaricom shares, simply approach your stock broker and have them do it for you at the NSE (Nairobi Securities Exchange). You can even place the selling request online from the app or via email. That’s it, for now.

How can I buy shares in Kenya 2021?

What do you need to start buying shares in Kenya? To trade on the Nairobi Stock Exchange, you will need a valid Kenyan ID or passport, your address in Kenya, an income source within Kenya, cheques for linking with a bank. You will also need to open a CDS account at a stockbroker to buy and sell securities.

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