Kenyans in diaspora remain one of the country's top foreign exchange earners. They are always advised to invest back at home so as to assist the local economy and improve livelihoods of their loved ones.
The biggest discouragement to home investment has always been fear of losing money to scammers who happen to mushroom everywhere every now and then.
The following are some of safe investment opportunities Kenyans in Diaspora can be involved in:
A) SACCOs
Kenya is home to a number of well accredited saccos. Saccos offer individuals an opportunity to save money and take loans for development purposes. They also benefit from dividends paid out on an annual basis against the number of shares they own. The dividends usually have a yield rate of between 9%-13%.
B) Land and Real estate
Land and real estate have long been considered one of the safest investments with high return on investment. Currently, we have a number of real estate firms which sell value-added land at affordable prices based in strategic towns or estates in cities. We shall soon be updating list of reputable and legit real estate companies you can invest in.
C) Nairobi Securities Exchange (NSE)
The NSE is Kenyas official securities market place. It is well-established and ranks as one of the best performing securities exchange market places globally. It has managed to create wealth for many individuals. To invest in the NSE, you need to purchase at least 100 shares in your chosen company. NSE investors get to earn annualy in the form of dividends or capital appreciation of thier stocks. We shall update list of reputable securities brokers you can use to invest in NSE.
D) Money Market Fund
MMFs are considered the safest investments in capital markets. For a certain minimum amount you invest with either an insurance company or investment company, you are assured of annual yield which is usually between 8%-13%.