Shelter Afrique is in stormy waters over bad loans. According to Kenya's Business Daily, Shelter Afrique's CEO James Mugerwa, has been dishing out subprime mortgages to unqualified borrowers resulting in a steep rise in the company’s non-performing loans.
At least 59...
Ng'ang'a Njinu has been confirmed as the CEO of TransCentury. Mr Njinu takes over from Gachao Kiuna who resigned in January as the firm moved to restructure its Sh8 billion foreign currency bond.
Before his appointment, Mr. Njinu was the Corporate Finance...
Nearly half of Kenyan banks handled the dirty NYS billions. This is according to the Financial Reporting Centre (FRC) which reckons that 15 out of 41 banks raised alerts over transactions related to Sh. 1.6 billion NYS loot.
Analysis of...
President Uhuru Kenyatta has appointed Dr. Julius M. Muia as the new Director General (DG) of the Kenya Vision 2030 Delivery Secretariat for a period of three years. Dr Muia replaces Mr. Mugo Kibati whose term ended in 2013...
Co-operative Bank will today hold an interactive session on Twitter with its customers.
The session will be held between 3pm and 5pm. According to a statement from Co-op Bank, the interactive session will provide consumers and opportunity to learn more about Co-op...
1. Create a high value offer for a specific niche.
Most of you are probably struggling to scale your businesses because you don’t serve a specific niche or solve a painful problem for them.
Generalists offer their services to anyone and do anything for a...
Why Record Milk in Dairy Cows?
-Determine milk production of the registered dairy cows.
-Authenticate milk production of the registered cows.
-Assist in getting bull calves from outstanding dams.
-Increase value of bull calves and female calves from pedigree cows.
-Add value of the...
Cytonn Real Estate has launched an innovative payment plan for all it projects and currently for the for The Alma, its aspirational apartment community development in Ruaka.
The new plan will see home buyers pay zero per cent down payment...
Kenya's inflation edged up to at 6.47 percent year-on-year in October, from 6.34 percent last month, driven mostly by food prices, the statistics office said on Monday.
The Kenya National Bureau of Statistics said in a statement that on...
Kenya Revenue Authority (KRA) has intercepted over Sh267 Million worth of fake Euro Currency at the airport. The Kenya Revenue Authority said on Monday the fake currency was in bundles of Euros, concealed in trouser linings at the Jomo...
