James Oundo

Luckiest job seeker ever? Igathe lands new lucrative job in South Africa

Polycarp Igathe must be Kenya's luckiest job seeker in history. Months after losing his bid to become the Governor of Nairobi, Igathe had landed a new job. Starting from December 1 2022, Igathe will join Johannesburg based Tiger Brands as...

40+ Most profitable businesses to start in Kenya

Ever wondered what is the most profitable business in Kenya? Are you wondering what is the best and the worst business to start in Kenya? You are in the right place. Here is a list of 40+ most profitable businesses in...

Air Tanzania grounds entire fleet of A220 planes

Tanzania's national carrier, Air Tanzania, has grounded the entire fleet of its A220 planes. Reports say that the grounding of the planes is due to engine problems. One of ATCL’s A220 last flew on January 3, this year and has...

How Co-op Bank’s remote banking has been a boon for customers, small businesses

For the past 10 years, Kenya’s financial services sector has been experiencing disruptions. This has been accelerated over the last two years. Unlike one decade ago when customers had to line up at the banking hall to get financial services,...

Kenya Mpya to auction its buses. See prices and how to bid

Kenya Mpya is set to auction the majority of its buses. The auction will see the buses go for between Sh. 2 million and Sh. 4 million. The prices will depend on the condition of the buses. According to a...

From village teacher earning Sh. 5,000 to one of Kenya’s best paid CEOs

Kenya's best paid CEOs: About four years ago, Stanbic Kenya chief executive officer Joshua Oigara who is the former KCB Group chief executive officer was reported to be worth over Sh. 220 million. Mr. Oigara had said that his net...

Co-op Bank donates Sh. 150 million to fight biting hunger

The Co-operative Bank has donated Sh. 150 million to the ongoing national fundraising drive against hunger and drought. “Co-op Bank wishes to join other Kenyans and indeed the global community of goodwill in fully supporting the fundraising appeal initiated by...

Narendra Raval’s new steel factory using own electricity, shuns Kenya Power

Billionaire businessman Narendra Raval has expanded his steel business empire with the launch of his latest steel factory. The  newly opened steel factory is located in Samburu, Kwale County. As it kicks off operations in full throttle, the factory will largely...

Co-op Bank net profit rises 47 per cent to Sh. 17.1 billion in nine months

Co-op Bank’s net profit has risen 47 per cent to Sh. 17.1 billion in the first nine months of 2022. This saw the bank return a competitive Return on Equity of 23 per cent. In the period under review, gross earnings...

Canadian firm makes Sh. 426 million from sale of Turkana oil

Canadian exploration company Africa Oil has announced that it earned a total of Sh. 426.75 million from the sale if a consignment of Turkana oil. The company said that the earnings were derived from the sale of  174,627 barrels of...

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Households risk jail, Sh50,000 fine for paying house helps less than Sh18,000

Households and other employers who underpay domestic workers risk prosecution, including fines of up to Sh50,000, the government has...