- Kenya’s economy thrives on the wheels of small and medium enterprises (SMEs). The sector employs about 86 percent of Kenya’s population and contributes about 45.5 percent to the country’s gross domestic product (GDP). Despite the fact that the SME sector in Kenya is what the economy is anchored on…
- The online application portal for the 2021 KCSE candidates to apply for institutions of higher learning was officially opened on Friday by the Kenya Universities and Colleges Central and Placement Service (KUCCPS). As earlier announced during the release of the results, students who scored a C+ and…
- T-bills remained oversubscribed, with the overall subscription rate coming in at 116.3 percent last week, up from 102.3 percent recorded the previous week. The performance, according to Cytonn Investments, was on the back of increasing yields and eased liquidity in the money market with the average…
- HMD Global, the home of Nokia phones, is delighted to announce that the AndroidTM13 developer preview program is live on the Nokia X20, enabling application developers to sample the next chapter in Android TM innovation. The AndroidTM13 developer preview program empowers developers to create, test…
- Zero to One, Notes on Startups is a book by Peter Thiel, a famous American investor, and entrepreneur. In it, he describes the major ways in which you can be a successful entrepreneur and how to craft the best company you possibly can. Peter Thiel is a billionaire co-founder of PayPal, the first…
- The Directorate of Criminal Investigations (DCI) has released yet another list of dangerous women who are milking men dry of their hard-earned cash. If you are a man, and you care about both your life and money, avoid the women you are about to encounter. The DCI has called the “Basmati Babes.” In…
- Taking painkillers is the new norm among people. Whether it’s your end-of-the-day headache, post-workout body pain, or minor sprain discomfort, the first thing you do is reach out for a painkiller like Diclofenac. We all know that drugs have side effects, some of which are evident within a few…
- Learning and how a student performs is undoubtedly a perpetual research drive at the heart of education stakeholders, policy-makers, teachers, researchers, parents, and social workers, to name a few. It is a product of not only formal education but also families, countries and peers, and social,…
- The Teachers Service Commission (TSC) has released new promotion interview dates for teachers. This follows an earlier cancellation of interviews that were slated for the 26th to the 30th of May 2022 One thing that has irritated teachers in the teaching profession is the way their promotions are…
- If you want to invest in the stock market, be prepared to invest time and money in your quest for healthy returns. The decision on when to buy a stock can sometimes be easier than knowing when is the appropriate time to sell a stock. Investors need to be able to determine their time horizons […]…
- The President of the Republic of Indonesia, Joko Widodo, announced that Indonesia will lift its palm oil export ban from Monday 23rd May 2022, a move that could see the surge in cooking oil prices in Kenya to ease. According to a Commerce Ministry official, the chief reason for lifting the ban is…
- The Kenya Medical Supplies Authority (KEMSA) has appointed Ms Terry Ramadhani Kiunge as the new Chief Executive Officer at the Authority with immediate effect. The appointment resulted from a competitive recruitment process undertaken by the Board, which has been ongoing since March 2022. Among…
- During a Thursday Ask Me Anything exchange on Reddit, Microsoft cofounder Bill Gates, the fourth-richest person in the world with a net worth of $125 billion, said he doesn’t own any digital currency. “I like investing in things that have valuable output. The value of companies is based on how they…
- According to the Information and Communication Technology Authority (ICTA), the implementation of the coding syllabus will begin in June 2022. The Authority cited that the pilot project will include 100 public primary schools and 50 public secondary schools chosen from across the country. ICTA,…
- Shocking details have emerged on how slain thug Samuel Mugoh Muvota, recruited over 50 beautiful women deployed in major cities to steal from revellers patronizing popular entertainment spots. The expose has laid bare the extent to which the women administered a drug given to mentally unstable…
- East African Breweries Limited (EABL) last evening marked its 100 years birthday with a Kshs 100 million commitment in a partnership with the Government to save elephants in Kenya. In a ceremony attended by Tourism Cabinet Secretary Najib Balala and Diageo CEO Ivan Menezes, EABL’s Group Managing…
- There have been a lot of discussions about the LGBTQs and their rights. A lot of emotions have been pouring in on the subject. As it stands, this is an “emotive issue” that everyone has an opinion on even if they have none. But there is a rift, a wide rift. My take on this […]
The post My Take On…
- As a small business owner, having stellar business management skills or tools is crucial to your company’s growth. If you do not prioritize certain tasks, dwell on one and leave the others hanging, chaos is inevitable. Eventually, you will realize that you are not running the business, but the…
- Medical expenses at retirement can be unpredictable and require adequate planning so that you are not caught off guard. With old age comes a weaker immune system, increased susceptibility to diseases and, in some instances, complicated health conditions that may sometimes cost a fortune to manage.…
- The Independent Electoral and Boundaries Commission (IEBC) has confirmed that Kenyans will have to choose a president among 55 candidates. Of the 55, a total of 14 are with political parties, one from a coalition, and 40 are independent candidates. At the same time, the IEBC has confirmed that 244…
- Tala has appointed Munyi Nthigah as the new General Manager for Kenya, taking over from Ivan Mbowa who now serves Fidelity Bank Ghana as Fintech NewCo Consultant. According to the announcement from Tala, Mr. Munyi will lead Tala Kenya’s 120-person team as well as accelerate its position as one of…
- Africa’s biggest reality TV show, Big Brother Naija, is returning for a seventh season! Announcing its return, MultiChoice Nigeria has called for entries through online auditions which open on Sunday, 15 May, and will close on Monday, 30 May 2022. Interested participants are expected to record a…
- Derivatives are financial contracts between two parties where the return depends on the performance of a specific underlying asset. Four common types of derivative contracts are futures, forwards, options, and swaps, and these can be based on assets like stocks, bonds, commodities, indexes, or…
- Autochek, the automotive technology company making car ownership more accessible and affordable across Africa, has announced the acquisition of KIFAL Auto, Morocco’s leading automotive technology startup, to drive its expansion into North Africa. This acquisition represents the first major…
- It is difficult to find a business owner who does not want to outperform his rivals and thrive in the field. Nonetheless, not all of them maximize their potential to reach the top. Email marketing is one of the most successful strategies for growing a client base and earning more money. Do you know…
- Standard Chartered Bank has registered a profit before tax of 16 percent for the first quarter of 2022. “Our first-quarter performance was strong despite volatile and challenging market conditions. Our profit before tax grew 16% year-on-year with strong underlying business momentum.” Income…
- Pubs are the best place to watch your favorite weekday or weekend sport because of the surety of the HD quality picture, the immersive surround system experience, the crowd that keeps roaring, and the authenticity of the game the pub experience brings to the afternoon. Need I mention the tasty food…
- Increased demand for flexibility and convenience are the main factors driving the growth of Kenya’s digital payment solutions. Today, consumers want to make purchases for groceries and consumables and pay for utilities among other things, from the comfort of their homes. This demand is also driving…
- An estimated 10,000 Kenyan women entrepreneurs will this year benefit from a Women Empowerment Programme launched between Unilever’s Sunlight, Absa Bank Kenya, and the United Nations Institute of Training and Research (UNITAR). The campaign will empower and assist female entrepreneurs across Kenya…
- British International Investment (BII), the UK’s development finance institution (DFI) and impact investor, has signed a US$ 100 million risk-sharing facility for supply chain finance with Citi, a global leader in trade and supply chain finance solutions. The new facility will provide systemic…
- CNN’s Inside Africa explores South Africa’s world-renowned wine industry. In this week’s Inside Africa, CNN International explores South Africa’s world-renowned wine industry, which is undergoing a transformation where challenges are being met with innovative approaches and inventive solutions. The…
- Kenya Power and Lighting Company has appointed Geoffrey Waswa Muli as acting managing director, replacing Rosemary Oduor who has acted in that capacity since August, last year. Rosemary has been sent on leave in yet another shakeup at KPLC. Waswa will take over from Oduor who has proceeded on…
- Listed agribusiness firm Kakuzi Plc shareholders have begun to enjoy the company’s diversification fruits even as plans to broaden revenue streams continue to be scaled up, Chairman Nicholas Ng’ang’a has said. Speaking at the 94th Kakuzi PLC Annual General Meeting (AGM) held virtually this morning…
- Superior Homes Kenya PLC has today launched a customer loyalty program that will see investors and customers earn loyalty points whenever they transact at any of the developer’s properties. Dubbed ‘SHK Zawadi’, the loyalty program is a first of its kind in the industry. The beneficiaries will be…
- Beer distributors have asked MPs to drop the proposal in the Finance Bill, 2022 to increase taxes for beer, spirits, locally manufactured glass, and alcohol advertisements. The distributors said increasing the taxes would negatively affect a sector that is barely recovering from the initial ravages…
- If you haven’t experienced the magic of the Nokia T20, then you are missing out. Big time. I must say that Nokia T20 is one of its kind as it brings the classic Nokia phone quality to the big screen, making the amplification of the icons and performance classic and on another level. If you […]
The…
- On its 177th birthday on the African continent, Old Mutual in Kenya celebrates its rebrand from UAP Old Mutual Group to Old Mutual. The rebrand signifies the company’s confidence in its future in Kenya as well as its readiness to unlock more opportunities and more value for its customers,…
- Entrepreneurship is the capacity and willingness to develop, organize and manage a business venture along with any accompanying risks. Over the years, entrepreneurship, along with innovation, has carved its role in the economic and social development of society, transforming the lives of millions…
- The term entrepreneur has been widely talked about. Some may know the clear definition of an entrepreneur and some may not. Some may even have heard of the term for the first time, but in this present post, we will toss aside what you know and introduce to you different types of these business…
- A fourth suspect has been arrested for the gruesome murder of Kenya Institute of Mass Communication (KIMC) student Purity Wangechi. Isaac Kariuki Kibui, 22, was arrested on Monday, 16th may, 2022, at Thindigua Delish Nail bar in Kiambu county, as detectives burn the midnight candle to bring all of…
- Boda Boda riders in Kajiado County have received sensitization and upskilling training on road safety, as well as safety riding gear, courtesy of Inchcape Kenya, the National Transport and Safety Authority (NTSA) and Private Bikers Association of Kenya (PBAK). The sensitization initiative was a…
- If there is one thing that stands out is that videos, wherever they are shared, give customers a quick overview of a product without overwhelming them with too much text. In the first 30 seconds, a customer can get all the information they need about your business through a short, personal video.…
- On April 7, 2022, the Cabinet Secretary for the National Treasury and Planning submitted before the National Assembly the Budget highlights and revenue-raising measures for the FY 2022/2023. The 3.3 trillion budget, despite its focus to accelerate economic recovery for improved livelihoods, will…
- Think of construction and most people think of men in yellow, hard hats. The idea of a female electrician, plumber, supervisor, or even development manager on a building site is uncommon. But at Rosslyn Grove, in Nairobi, our development is being spearheaded by a female team, in a piece of…
- The Ministry of Interior & Coordination of National Government took delivery of 48 Isuzu D-Max double-cab pickups for use by Deputy County Commissioners under the National Government Administration Officer NGAO. The vehicles will be deployed to the counties for administrative duties and…
- Gone are when people used to rely on and invest only in their savings for future security. In today’s world, savings may not be adequate to ensure financial safety. Idle money kept in your savings bank account may not serve the purpose. That is because of two reasons – one, the idle cash in your…
- Agriculture Cabinet Secretary Peter Munya revealed the government’s plan to allow maize imports from outside the East African Community, a move that will cushion Kenyans from a recent spike in Flour prices. “We are going to run out of maize in the next few months, and controlling the rising cost of…
- During the week, the Kenyan shilling depreciated by 0.2 percent against the US dollar to close the week at 116.1 shillings, from 115.9 shillings recorded the previous week, partly attributable to increased dollar demand from the oil and energy sectors. Key to note, this is the lowest the Kenyan…
- The Cytonn Money Market Fund continues to be the best money market in Kenya with an effective annual rate of 10.5 percent followed by the Zimele Money Market Fund with an effective annual rate of 9.9 percent. Nabo Africa Money Market Fund and Madison Money Market Fund have an effective annual rate…
- T-bills were oversubscribed, with the overall subscription rate coming in at 102.3 percent, up from 70.2 percent recorded the previous week. The oversubscription was on the back of increasing yields and eased liquidity in the money market with the average interbank rates declining to 4.6 percent,…
