Just realised my bank that used to pay 5% interest on my bank balance reduced the interest rate to 1.5%

which money market can one keep funds that are intended for purchase of shares

these are funds which are to be utilised slowly as opportunity to buy crops up

Other than buying TBs are there banks offering good rates on deposits

when i was using African Alliance as my broker, i used to keep un-utilised funds in their money markets

I since moved to NIC securities and they do not have the same facilities

thanks. which has the best interest rates ? how much is the rate of interest say for Kshs 500K

The market began becoming shaky when USD was 90. Now 103+

Put 250k Panafican 250k CIC. Dont rely on rates in the press. They are not bidding. Call them.

If the daily rate is given for e,g 12%,the return will be 0.12/365*150k=49.32
Applying WHT of 15%,the net earning will be 49.32*0.85=41.92,
Note that the earnings are compounded.