As much as banks and businesses can run bankrupt and need loans and capital injection to kick-start them, so does an individual. But this time you may not need a loan or capital to jerk your personal finances, your little savings have to perform this magic to rescue you from collapsing.
Treasury is set to cut spending on international travels and the purchase of office paper within government institutions as it seeks to raise resources and increase investment in the teachers’ savings cooperative movement, Umwalimu Sacco, on the backdrop of budget constraints.
The month of May always kicks off with the International Labour Day celebrations where the role of working people is recognised. For some, it is just another day to stay home and relax while for others it actually carries importance as the day when their plight is highlighted.