There is no doubt that every successful person has taken the wrong turn and committed costly financial mistakes on their way to their wealthy status. However, there are some money mistakes that are so dire that they will put...
36 employees were last year sacked from Kenya Commercial Bank (KCB) over fraud. This is according to KCB’s latest sustainability report.
According to the bank, the number of fraud cases reported decreased to 57 last year from 87 in 2015.
In total, KCB...
Safaricom may be fined up to 0.1 per cent of its gross annual turnover for poor quality of service after its network failed yesterday.
The network outage began at about 9.40 a.m. and persisted till 4.30 p.m. and the cause was...
In mid March, Co-operative Bank launched a fresh deal that would see small and medium business people access loans to acquire commercial vehicles at affordable rates.
This had followed a deal between Co-op Bank and General Motors East africa (GMEA)....
BY BUSINESS DAILY
With a combination of welding and artistic skills, David Gachanja has found a way to not only make money out of scrap metals, but also gain satisfaction in realising his dream.
As a boy, Gachanja nostalgically narrates how...
Kiprono Kittony is the chairman of the Kenya National Chamber of Commerce and Industry (KNCCI).
As a membership based organisation, the Kenya National Chamber of Commerce and Industry primarily depends on annual dues from its members to finance its day...
BY ELLY GITAU
1. Capital
Like with any other business, you’ll need some money to set up a butchery. According to Paul Mwangi, the owner and proprietor of Kwality Hotel & Butchery, for a basic outlet, you will need a minimum...
Tanzanian billionaires Aunali and Sajjad Rajabali have bought 30.2 million shares Kenol Kobil.
The shares, equal to a 2.06 per cent stake are worth an estimated Sh. 378 million. The billionaires are now ranked as the 9th biggest shareholders in Kenol...
Bankers and insurers have been ranked as the highest paid employees in Kenya. They are followed by employees at water supply, sewerage and waste management firms
According to the Economic Survey 2017 released Wednesday shows that State-employed workers offering financial and...
BY MONA OMBOGO / THE STANDARD
Danson Muchemi is the co-founder and chief executive officer of the multi-million-shilling company, Jambopay. Fast becoming a household name in East Africa, Jambopay is an electronic payment service provider that gives businesses, governments and...