Africa is a youthful continent with plenty of resources and diverse talent. However, she has one big challenge: The unemployment rate. Though there had been tremendous efforts in creating job opportunities, the COVID-19 pandemic came to cause major disruptions. As…
Do I need a financial planner? As the world advances, everyone gets busier by the day. This means you may no longer have the time to focus on every aspect of your life including your financial life. Finances touch on…
Within Africa, governments are facing the issue of old-age poverty which is forcing retirees to depend on their families for financial support despite having worked for decades. Although having an organisational pension scheme is not mandatory in a majority of…
Financial planning might appear intimidating thanks to all the jargon and numbers involved. However, if you take enough time to try to build up your knowledge and understand the implications of financial planning, you will easily navigate your way through…
Social security refers to any government assistance through which citizens can receive monetary assistance. Retirement benefits are one of the three types of social security provided by governments across the world. Unlike the Western world, the majority of African governments…
Everyone dreams of it. A life where you don’t have to wake up and go to work (or turn on your zoom camera). A time where you are free to take as many trips as you wish, or finally have…
In today’s world of mass production, cost-cutting is the game. Businesses across the world seek to make a profit by creating one single product and sending it out across the different markets. Although it may be profitable for businesses, consumers…
As the world moves towards more short-term thinking, it is incredibly important to keep a long-term mindset on issues to do with financial stability. Although it is not mandatory to provide occupational pension schemes for your employees in Kenya, there…
If the COVID-19 pandemic is anything to go by, then it is extremely important to have some money set aside for a rainy day. To succeed in this, one needs to cultivate a high level of discipline, and consistency and…
A retirement plan helps individuals accumulate savings over time to have a secure financial future. There is a global rise of start-up culture making it more important than ever for increased awareness of the self-employed retirement plan. The lack of…
Choosing a pension management software is as important as setting your pension fund goals. Having considered the factors that influence pension software, you have managed to narrow your options down to a few vendors. You are now looking to commit…
Pension management software helps in the administration of pension benefits to members or retired employees within the agreed timeframe. The cost of this software ultimately depends on your needs and organizational design. There are a variety of vendors all with…