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What should I invest in right now in Kenya?

October 2, 2022

What should I invest in right now in Kenya?

List of Best Shares to Buy in Kenya 2022

  • Safaricom PLC “A big investment.”
  • Kakuzi PLC “Great for holding”
  • Kenya Reinsurance Corporation “Good dividends and growth.”
  • Kenya Commercial Bank Group PLC “One of the best.”
  • Unilever Kenya PLC “Strong performance.”
  • Bamburi Cement PLC “One of the best.”

How can I invest 10000 KSh?

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.

What is the best investment in Kenya 2021?

Here is a list of top profitable opportunities to invest in this year.

  • Agribusiness investment.
  • Real estate investment in Kenya.
  • ICT (Tech) investment.
  • Stock market in Kenya.
  • Investing in Tourism in Kenya.
  • Renewable energy investment.
  • Sacco investment in Kenya.

What should I invest in quick?

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

  1. High-yield 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. No-penalty certificates of deposit.
  7. Treasurys.
  8. Money market mutual funds.

How can I invest 1 million Kenyan shillings?

How to Invest 1 million Shillings in Kenya (Tips and Ideas)

  1. Buy Shares/ stocks. Shares are so volatile, especially in our country.
  2. Invest in Government Papers.
  3. Unit Trusts.
  4. Buy land.
  5. Buy Bitcoin (or other Cryptocurrencies)
  6. Start a business.

How much are Safaricom shares going for?

KES 26.55
The current share price of Safaricom Plc (SCOM) is KES 26.55. SCOM closed its last trading day (Monday, July 4, 2022) at 26.55 KES per share on the Nairobi Securities Exchange (NSE), recording a 6% gain over its previous closing price of 25.05 KES.

Where can I invest 50K in Kenya?

List of the most profitable businesses to start with 50k in Kenya

  1. Movie shop. There is a high demand for western films and TV shows provided by streaming services in Kenya.
  2. Salon/barbershop.
  3. Hardware store.
  4. Grocery store.
  5. Mobile money agent.
  6. Farming.
  7. Milk bar.
  8. Car wash.

Where can I invest my money to earn the most interest in Kenya?

Best Investment Opportunities in Kenya

  • Real Estate. One of the best investments in Kenya is real estate.
  • Agriculture.
  • e-Sports and Gaming.
  • Virtual Education.
  • Stock Markets.
  • Gold, Precious Stones, and Metals.
  • Urban Logistic and Transport.
  • Cybersecurity and Data Storage.

Where can I invest 5k in Kenya?

4 Smart Ways To Invest Ksh. 5,000 In Kenya.

  • Start a Business. The first and the most recommended way of investing Ksh.
  • Open a Fixed Account. One of the best ways to grow your money from 5,000 without lifting a finger is to invest the money by opening a fixed account.
  • Invest In Stock Market.
  • Invest In Treasury Bonds.

    • How do people get rich in Kenya?

    How to Become Rich in Kenya

    1. Have the right Money mindset. The first way to get rich in Kenya is to have the right mindset.
    2. Budget. The richest people in Kenya have a budget.
    3. Invest.
    4. Work.
    5. Learn how to manage money.
    6. Make a plan and follow it.
    7. Create multiple income streams.
    8. Create wealth around your passion.

    How can I invest wisely in Kenya?

    Best Investment Opportunities in Kenya

    1. Real Estate. One of the best investments in Kenya is real estate.
    2. Agriculture.
    3. e-Sports and Gaming.
    4. Virtual Education.
    5. Stock Markets.
    6. Gold, Precious Stones, and Metals.
    7. Urban Logistic and Transport.
    8. Cybersecurity and Data Storage.

    What is the fastest growing business in Kenya?

    Wasoko, the platform, which delivers fast-moving consumer goods to kiosks and shops in Kenya’s fragmented informal markets, has been ranked the fastest-growing business on the continent in the FT’s inaugural survey. The firm, which in March rebranded from Sokowatch after raising $125 million (Sh14.

    What are the top profitable opportunities to invest in Kenya this year?

    There are a number of opportunities available for investment in the different sectors of the Kenyan economy. Here is a list of top profitable opportunities to invest in this year. A venture into the agribusiness sector in both small and large scale activities is a profitable area to invest in this 2022.

    Why invest in tourism in Kenya?

    Kenya is amongst the top tourist destinations in Africa and the government is also committed to providing a tourism friendly environment to enhance tourism. Some of the available opportunities to invest in tourism include; Kenya is one of the most active countries in terms of embracing renewable energy in Africa.

    Why should you invest in real estate in Kenya?

    There are several reasons why you should invest in real estate in Kenya. Land prices falling. Most people in the sector may not accept this, but the reality is that land prices are falling in some places because of weak demand. Economy will recover.

    What is the best way to spend your money in Kenya?

    So my advice to the Kenyan youth is to have fun but be rational about it. The best way to use the money until it gets used to you is to spend it on something that will earn you more money so you will have multiple income streams that will enable you to have more fun. So, which is the best investment opportunities in Kenya?

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