FinFluenceX

Simplifying finance & business | Strategies for wealth & growth 💸 | Sharing what works in money & markets. Let us grow together

[FinFluenceX @FinFluenceX]

Most people work for money. The wealthy make money work for them. 💡

On #FinFluenceX, I’ll show you how to shift from earning to building financial freedom.

Follow for business, investing, and wealth-building insights!

[Moe @moneyacademyKE]

Kenya has overtaken Ethiopia as East Africa’s largest economy, with GDP of Sh17.6 trillion against Sh16.4 trillion, according to the IMF.

The shift was driven by currency movements, not faster economic growth.

[cheruiyotkb @cheruiyotkb]

Every day you waste by not investing in yourself or your assets is an expense to your life.

The earlier you invest in skills and cash flowing assets, the greater the returns.

The earlier you fix your bad spending habits, the better you will be.

Time waits for no man.

[Moe @moneyacademyKE]

Kenya's government spent Sh7.4 billion on foreign trips in the last financial year.

For example, the MSMEs department spent Sh40 million to send 80 people to Juba, while the Ministry of Labour used Sh109 million to send 40 people to Geneva.

[Moe @moneyacademyKE]

A new report shows billions wasted on endless renovations at State House, Harambee House and embassies abroad, with some projects that began over 10 years ago still incomplete.

The report shows that despite years of spending, State House renovations are only 66% complete.

[Moe @moneyacademyKE]

The bill proposed in the Senate that seeks to amend the Constitution is currently in its 2nd Reading.

The bill proposes to extend the terms of the President, MPs, MCAs, and Governors from 5 to 7 years and create the Office of Prime Minister appointed by the President.

[Moe @moneyacademyKE]

President William Ruto's government spent Sh25 billion on local and foreign travel in the last financial year, despite his pledge to cut the cost by half.

[Moe @moneyacademyKE]

Fuel prices in Tanzania to reduce further as they decided to cut VAT from 18% to 16% under the Finance Act 2025.

[Moe @moneyacademyKE]

President William Ruto's office spent Sh1.9 billion on general administration, planning and support services.

It also spent Sh150 million on strategic policy advisory and Sh251 million on public entities oversight advice in FY2024/25.

[Kenny | Accent Investing @AccentInvesting]

Invest in experiences, not things; memories appreciate, possessions depreciate.

[Moe @moneyacademyKE]

State House spent Sh3.6 billion in 42 days from May 14 to June 24 on travel, fuel and meetings, according to the Controller of Budget.

[Moe @moneyacademyKE]

The cost of US visas is set to rise.

This comes after the US announced plans to add a $250 (about Sh32,375) “visa integrity fee,” bringing the total cost of some visas to $442.

[Manoti @MwendiaJnr]

When it’s your turn, Even baskets will hold water for you.

In meantime keep pushing, it may not be today, tomorrow, or the day after but trust me one day Itajipa.

Ipo siku.

[Kenny | Accent Investing @AccentInvesting]

Harsh Reality:

The rich can play broke for the longest time, but the broke can only play rich for a moment.

[Moe @moneyacademyKE]

Hospitals in Kenya will soon be graded like hotels.

This comes after a new Bill was proposed in Parliament to give facilities quality scores based on patient safety, service delivery, staffing, and equipment, to help Kenyans choose where to seek treatment.

[Abojani Investment 🇰🇪🇺🇬🇹🇿 @TheAbojani]

#AbojaniTrueStorySeries

REBUILDING IN MY 40s

I’m 44 now. Some nights, I lie awake wondering where all the years went.

When I graduated from The University of Nairobi back in 2004, Nairobi felt like it was mine to conquer. I landed a decent job at a local bank straight out of campus. I had come from a very humble background and so that first salo hit hard. It was like gold for me and I knew my life was going to finally change...

[Moe @moneyacademyKE]

President William Ruto's administration has so far borrowed Sh3.1 trillion since they took office, bringing Kenya’s total public debt to Sh11.8 trillion as of June 2025

[Market Cap Investments Ltd @NSE_Investors]

KPLC hits a high of sh 13.90. His sister KenGen hits sh 9.62.

[cheruiyotkb @cheruiyotkb]

Wealth isn't built with one big move. It's built through countless small, consistent, and deliberate financial decisions. Your daily habits determine your destination.

[Moe @moneyacademyKE]

Poa Internet has secured Sh520 million from Finnfund, with support from the EU and Nokia, to expand internet access in Kenya.

[Moe @moneyacademyKE]

Co-op Bank is set to offer mortgages of up to Sh10.5 million for homes worth Sh15 million or less, through a new partnership with Optiven & Everstrong Maskani.

The new project will deliver completed homes within 12 months.