Equity Bank has posted an 18 per cent increase in profit before tax for the third quarter of 2016. The bank posted a profit of Sh. 21.5 billion as at September 2016 from Sh. 18.2 billion in September 2015.
During the period,...
What happens when an entrepreneur gets rejected from all five investors on Shark Tank? She becomes successful, that's what.
Lori Cheek is a living testament of taking failure and turning it into motivation for a successful business. The architect-turned-entrepreneur founded...
Kenya Airways is set to take in an additional Sh. 3 billion from fresh sub-leasing of planes.
This follows the leasing of five Boeing planes to Oman Air and Turkish Airlines in 2015.
The leases are part of KQ’s cost cutting...
The number of new vehicles sold in the country declined sharply in the first nine months of the year due to a harsh economic environment.
Dealers in new motor vehicles reported a combined 31 per cent drop in sales, selling...
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...