According to Patrick Wameyo a personal finance consultant, there is nothing in starting a business that everyone is doing as long as you have studied the opportunity. “There is no wrong business that you can start, a business is wrong if it doesn’t have a growth opportunity, it will leave you with dead capital,” said Wameyo. The biggest impediment among the young people, Wameyo says, is the need to jump the line fast and bang instant success. In the investment market, age plays a critical role for an investor. A 2019 wealth report by Knight Frank showed that Kenya’s super-rich put 25 per cent of their money in listed public companies.

Source: Standard Digital May 01, 2021 06:00 UTC