James Oundo

Safaricom senior managers given Sh. 302 million free shares

Safaricom awarded its senior managers 15.3 million shares that are now worth an estimated Sh. 302 million. The telecommunications giant gave the senior managers these free shares in the financial year that ender in March 2023. The shares awarded to the...

Peter Ndegwa’s salary as Safaricom CEO rises to Sh. 313.1 million

Peter Ndegwa took home Sh. 313.1 million salary as Safaricom CEO in theffinancial year ended March 31, 2023. This represented a salary growth of about 8.3 per cent. This came in a year that saw the salaries of directors at...

Why my Kenyan company has stopped employing Kenyan workers

I have a Kenyan company. I run a manufacturing business in Kenya and a trading business too. The biggest challenge in my manufacturing business is not power, or infrastructure, the biggest challenge is getting honest staff. Everyone we hire appears...

How to build a three bedroom house in two phases

Build a three bedroom house in two phases: If you want to build your house but are limited by finances, there are a number of ways you can achieve it. The possible ways that one can build a house include;...

How tomato farmers can beat low prices, glut, spoilage for up to 3 months

In tomato farming, simple value addition skills can turn eminent losses into a wealth of income for tomato farmers willing to turn to the under-exploited world of tomato value addition in times of glut.  Tomato farming: processing There are two kinds...

KQ to replace all Embraer, Bombardier jets with Boeing planes

Kenya Airways (KQ) is set to ditch its Embraer and Bombardier jets in favour of Boeing planes. The national carrier says that this move is aimed at adopting the mono fleeting strategy for cost containment. “The board has approved that...

6.3 million Kenyans beat deadline to file KRA returns

6.3 million Kenyans beat deadline for filing their tax returns that was set for midnight June 30th Friday, 2023. This represents a 14.5 per cent growth compared to returns filed in the previous year of income, 2021 which stood at...

Confusion as EPRA defies court; increases fuel prices to historic highs

The Energy And Petroleum Regulatory Authority (EPRA) has announced new higher prices following the signing into law of the Finance Act 2023. The new prices are set to come into force starting July 1, 2023 and will cover the period...

Government says helpless Shilling to hit 150 against US Dollar

The government's apparent cluelessness on how to salvage the rapidly depreciating Kenya Shilling against the US dollar continues to manifest with the State now projecting that the local currency will sink to 150. According to the National Treasury, the shilling...

Career profile of KCB Bank Kenya Managing Director Annastacia Kimtai

Annastacia Kimtai was appointed Managing Director, KCB Bank Kenya in April 2023. The appointment was a reintroduction of the position of the Managing Director of KCB Bank Kenya which is the flagship of the KCB Group. Kimtai was appointed acting...

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Top bank rankings highlight sector resilience at 2026 Think Business Awards

Equity Bank has been named the Overall Best Bank in pKenya at the 2026 Think Business Banking Awards, reaffirming its...