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How to Open a CDS Account

What is a CDS Account?  CDS is an abbreviation for Central Depository System. A CDS account is issued by the Central Deposits and Settlements Corporation (CDSC) Ltd, a company that facilitates the holding of shares electronically thus eliminating the need for...

How to Invest in Unit Trust Funds

How to Invest in Unit Trust Funds

What is a Unit Trust? Unit Trusts are also known as collective investment schemes. They have grown in popularity in Kenya over the last two decades. There were virtually no unit trusts in 2001 but by 2016, there were 19 unit trust schemes registered by the Capital...

List of Approved Collective Investment Schemes in Kenya

According to Investopedia, "a collective investment fund or scheme is a fund that is operated by a trust company or a bank and handles a pooled group of trust accounts. Collective investment funds combine the assets of various individuals and organizations to create a...

Cheapest Way to Send Money to Kenya from UK

Cheapest Way to Send Money to Kenya from UK

If you send money to Kenya from the UK on a regular basis, you can lose a fortune on fees that banks and money remittance providers charge as well as exchange rate differentials/conversion fees. The most popular services used to send money to Kenya include Western...

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