Functions of low gear: The gears in an automatic car shift automatically. So, many people may wonder if there’s any need to use the low gear ! Well, doing it can increase the automobile’s performance by maximizing the fuel...
How Japan developed economically: Japan's phenomenal economic growth since the 1950s has been based on an efficient blend of two economic tendencies.
First is government activism in national planning and implementation, with guidance of the largely free economy via sophisticated...
The Competition Authority of Kenya (CAK) has denied Kenyan billionaire Humphrey Kariuki the green light to exclusively import and distribute 214 premium wines and spirits brands including Bacardi-Martini labels.
According to the authority, granting permission to the tycoon would facilitated...
BY DAILY NATION
Kenyan referee Aden Marwa has been captured on camera receiving a Sh. 60,000 bribe in order to influence the outcome of an international football match.
And as a result of this revelation contained in an expose aired by...
Equity Group founder and Chairman Peter Munga has announced his retirement from the bank after 35 years of service. His position has been taken by current Vice-Chairman David Ansell, who will serve as chairman designate.
The bank said Mr Munga,...
Gaming business in Kenya: From a young age, Shaun Bukusi always wanted to be an entrepreneur. But since he had been told business requires a lot of money, he thought the only way to achieve his dream was through...
Over the years, Barclays Bank of Kenya (BBK) has remained one of the key names in the evolution of Kenya’s banking sector. It has also been involved in virtually all major banking developments in the country. In its traces,...
HR Business in Kenya: No one wants to be labelled a failure. Or the one who gave up because it was too hard. Everyone wants to come out at the other end victorious, admired and acknowledged for their persistence.
It...
If you took a mobile loan for as little as Sh. 500 and defaulted, you may fail to access a much bigger loan from a bank for a period that is as long as seven years.
Fresh data from Transunion...
BY BUSINESS DAILY
Troubled retail chain Nakumatt owes Kenya Revenue Authority (KRA) Sh. 2.3 billion in unpaid taxes as details emerged when the retailer fell into trouble.
The KRA told the Senate committee on Trade and Investments that troubles at Nakumatt...
