Month: October 2021

Monetary policy Monetary policy relates to the control of some measure (or measures) of the money supply and/or the level and structure of interest rates. In recent years, much greater emphasis has been placed on monetary policy within a government’s Read More …

CENTRAL BANKING Introduction The Central Bank of Kenya (CBK), like most other central banks around the world, is entrusted with the responsibility of formulating and implementing monetary policy directed to achieving and maintaining low inflation as one of its two Read More …

Capital market instruments These are debt and equity instruments which have maturities greater than one year. They have far wider price fluctuations than money market instruments and are considered to be fairly risky investments. The most common capital market instruments Read More …

Financial instruments The following are some of the most common instruments in use today Money market instruments They are short-term dated securities. Because of their short terms to maturity, they undergo the least price fluctuations and are therefore the least Read More …

FINANCIAL MARKETS, FINANCIAL INSTITUTIONS AND FINANCIAL INSTRUMENTS Financial markets Financial market are institutions or arrangements that facilitate the exchange of financial assets, including deposits and loans, corporate stocks and bonds, government bonds, and more exotic instruments such as options and Read More …

Physical properties of money The following are properties which make a commodity a good choice to serve as money: i. Money should be portable ii. Money should be divisible iii. Money should be durable iv. Money should be of recognizable Read More …

MONEY AND BANKS INTRODUCTION Money and banking are two subjects closely intertwined with our daily lives and with the very day functioning of our economy. On atypical day, you encounter money and banks in many firms like from the obvious Read More …

FINANCIAL AND ACCOUNTING INFORMATION SYSTEMS Financial and accounting information system (FAIS) is a system that provides information related to the accounting and financial activities in an organization. It includes budgeting, cash and asset management, capital budgeting, portfolio analysis, general ledger, Read More …

MARKETING INFORMATION SYSTEM Marketing strategies consist of a mixture of ingredients that has been named the marketing mix product, promotion, place & price. Collectively they are known as the four Ps. Product is what the customer buys to satisfy a Read More …