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Posted On: 24-03-2025

How NSSF Contributions Affect Your Taxes and Net Salary in Kenya

Understanding the Role of NSSF in TaxationThe National Social Security Fund (NSSF) plays a crucial role in Kenya’s taxation system, primarily by providing tax benefits on contributions and affecting payroll deductions. Many employees and employers often wonder how NSSF impacts their overall tax obligations and net salary. This article explores how NSSF contributions can help reduce tax liability a...

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Posted On: 20-03-2025

How NSSF’s 92% Liquidity Surge Impacts You

In the past four years, the National Social Security Fund (NSSF) has achieved a remarkable 92% liquidity growth, surging from 4.8 trillion in 2021 to 9.2 trillion in 2025. This is not just a financial milestone, it’s a game-changer for every citizen, business, and the national economy. NSSF Director General, Mr Masha Mshomba, Tanzania, revealed this development. So, what does this mean for you, yo...

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Posted On: 19-03-2025

Workers Facing Increased NSSF Deductions Amid Regulatory Delays

Kenyan employees are feeling the pinch of higher National Social Security Fund (NSSF) deductions as delays from the Retirement Benefits Authority (RBA) slow down approvals for private pension scheme offsets. The NSSF Act 2013 requires both employees and employers to contribute six percent of pensionable earnings, with the implementation of higher rates beginning in January 2023. This change has si...

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Posted On: 18-03-2025

MASTERING WEALTH MANAGEMENT SALES.

In the fast-paced, ever-evolving world of Wealth Management, Relationship Managers (RMs) must do more than just manage portfolios—they need to attract high-value clients, build lasting relationships, and drive financial growth. The real game-changer? A powerful, structured Sales Management Framework that puts strategy at the forefront. The Wealth Wave: A Reality CheckA deep dive into industry data...

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Posted On: 17-03-2025

Kenya’s Smart Appliances Market Set to Double by 2029 Amid Growing Demand

Kenya’s smart home appliances market is on a rapid growth trajectory, with adoption expected to more than double by 2029, driven by increasing demand for convenience, energy efficiency, and connected living.According to Statista, a leading global market and consumer data provider, smart home appliance penetration in Kenya is projected to grow from 2.8% in 2025 to 5.8% by 2029, translating to at le...