Best answer: Which is the best investment in Kenya?

Where should I invest my money to get good returns 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.

What should I invest in right now in Kenya?

List of Shares to Buy in Kenya in 2022

  1. Safaricom PLC “A big investment.” …
  2. Kakuzi PLC “Great for holding” …
  3. Kenya Reinsurance Corporation “Good dividends and growth.” …
  4. Kenya Commercial Bank Group PLC “One of the best.” …
  5. Unilever Kenya PLC “Strong performance.” …
  6. Bamburi Cement PLC “One of the best.”

Where can I invest 10K in Kenya?

List of Businesses to Start with 10K in Kenya

  • Blogging. …
  • Affiliate Marketing. …
  • Freelancing Business. …
  • YouTube Channel Business. …
  • Digital Influencer Business. …
  • Home Salon Business. …
  • Small Barbershop business. …
  • Delivery business in Kenya.
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Which is the best money market fund in Kenya?

Best Money Market Funds in Kenya

  1. Zimele Money Market Fund. The Zimele fund is flexible, convenient, and allows you to save according to the pace that you choose. …
  2. Sanlam Money Market Fund. …
  3. CIC Money Market Fund. …
  4. Cytonn Money Market Fund. …
  5. Britam Money Market Fund in Kenya. …
  6. CBA Group Money Market Fund in Kenya.

How can I invest 50000 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.

How can I grow my money fast?

If you’re currently living beyond your means and have no additional money to put to work for you, you’ll never build wealth.

  1. Save on Vehicles. …
  2. Save on Shelter. …
  3. Don’t Buy Crap. …
  4. Save a Percentage of Your Income. …
  5. Work Hard Now. …
  6. Invest in Your Education. …
  7. Invest in Yourself and Your Marketing. …
  8. Venture into Entrepreneurship.

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.

How do I buy shares in Safaricom?

How to Buy Safaricom Shares Online

  1. Log into your Online shares trading up.
  2. Fund the account by adding cash via MPESA (or the method you usually use)
  3. Click buy Shares.
  4. Scroll to select Safaricom shares.
  5. Enter the quantity needed and set the price limit, if necessary.
  6. Confirm the order.
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What is the cost of Safaricom shares today?

Pricing

Previous Close 35.55
Today’s High 36.05
Today’s Low 35.50
52 Week High 45.25
52 Week Low 34.05

How can I make 3000 a day in Kenya?

21 Simple Ways To Make 3000 In A Day In Kenya

  1. Video showing best ways to make 3000 a day in Kenya.
  2. 1). Sell your stuff on Pigiame or Jiji.
  3. 2). Trading.
  4. GET FREE $10,000 TO YOUR DEMO ACCOUNT.
  5. 3). Food Delivery.
  6. 4). Website Flipping.
  7. 5). Selling Photos.
  8. 6). AirBNB.

Which business is profitable in Kenya?

Laundry businesses are an excellent business to start in Kenya. They are profitable and available for rent almost everywhere, even in slums. You can start a laundry service like dry cleaning or washing clothes with whatever equipment you have, like a washing machine at home.

Which is the best small business to start in Kenya?

Top 10 Small Businesses to Start with 5k in Kenya

  1. Affiliate marketing. Affiliate marketing is one of the most common ways to make money online. …
  2. Freelancing. …
  3. Consultation. …
  4. Online coaching. …
  5. Tutoring. …
  6. Personal training. …
  7. Graphic designing. …
  8. Build websites.

Where can I invest money market?

Individuals can invest in the money market by buying money market funds, short-term certificates of deposit (CDs), municipal notes, or U.S. Treasury bills. For individual investors, the money market has retail locations, including local banks and the U.S. government’s TreasuryDirect website.

Can I lose money on a money market account?

Money market funds are not insured by the FDIC or the NCUA, which means you could possibly lose money investing in a money market fund.

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How much do you need to start a money market account?

Most money market accounts can be opened for between $500 and $2,500 initially, and many will require the same amount for a minimum balance or you will pay penalties or maintenance fees.