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How I saved Ksh1 Million Before My 26th Birthday

June 20, 2025
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News and Analysis

How to File KRA Tax Returns on eCitizen & iTax Portal

News and Analysis

New Costs and Fines for Motorists in Proposed Traffic Rules 

Savings Accounts

7 Signs That You Are Financially Secure Without Realising It Yourself

Latest articles from Money254

News and Analysis

Weekly Shopping Tracker: See Latest Prices for Basic Goods in Nairobi

If you feel like everyday essentials are getting harder to afford, you're definitely not alone. In recent years, the state of the economy has left many Kenyans worried about the rising cost of living, especially when it comes to food.
News and Analysis

KRA Explains Why Some Car Import Taxes Will Triple Beginning July 1

Hello and welcome to the Money News Roundup. Today, we’re covering the Kenya Revenue Authority’s (KRA) justification for the tripling of import taxes under the new CRSP system, Taxman’s new chatbot, and a breakdown of Kenya's biggest money market funds by assets.
Money Management

Meet Lua: Kenya’s Free AI Assistant That Gets Things Done

Lua gives you free access to the world’s best models, and then some. She doesn’t just tell you things. Lua helps you do things. She makes bookings. She plans. She organises. She shares reminders. She turns your ideas into cool images. All for free. No app downloads. No accounts. Just a quick chat on WhatsApp, web, or email.
News and Analysis

Money254 Unveils New & Improved Website

The redesigned homepage is part of Money254’s pivot into a content-first personal finance brand.
News and Analysis

List of All 41 New Digital Lenders Approved by CBK

Following the licensing of the 41, there are now 126 Digital Credit Providers (DCPs) in Kenya.
News and Analysis

Breakdown of Proposed Ksh4.2 Trillion Budget Allocations for 2025/2026 Financial Year

The education sector will account for the largest share of the budget, at Ksh701.1 billion.
News and Analysis

Treasury Announces Plan to Slash PAYE in 2026

Today, we’re covering Treasury CS John Mbadi’s announcement on the PAYE review and his PS Chris Kiptoo’s defence of the securitisation of HELB and the Road Maintenance Levy. Also, find out about an MP’s personal assistant at the center of a land scam.
News and Analysis

Process of Transferring Vehicle on NTSA Portal and Charges Involved

According to NTSA, the transfer of vehicles should take 3 working days, while the transfer charges range between Ksh2,200 and more than Ksh6,000.
News and Analysis

Kenya's Highest Paying Banks With the Best Deposit Interest Rates [LIST]

On Tuesday, the Central Bank of Kenya published the deposit interest rates for 38 banks in Kenya for the month of April 2025. Some banks paid deposit interest rates as high as 13%, while others offered as little as 2.6%.
News and Analysis

Hospital Boss Grilled After Interns Disappear With Ksh930K Loans

Today, we are covering government interns who disappeared with Ksh930,000 in salary advances, an impasse between the National Assembly and Senate over a Ksh465 billion allocation, and how French firms pressured Kenya to pay Ksh6.2 billion.

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