James Oundo

Rhina Namsia: What I’ve learned from saving in money market vs saving in bank

Rhina Namsia is the founder and chief executive officer of The Acemt Consulting, a training and consultation company that provides financial planning and investment advisory. Moving from the comfort zone is easier said than done. When I was employed, it...

Salary cuts for civil servants to start in October

Salary cuts targeting civil servants are now set to start in October 2022. From October, civil servants will be losing Sh. 2 billion weekly in slashed allowances. According to the Salaries and Remuneration  Commission chairperson Lyn Mengich,  the cuts will...

KQ: We will start making profits again by 2024

  Kenya Airways is expecting to start making profit again in the year 2024. This has been announced by the airline’s chief executive officer Allan Kilavuka. This will see KQ end the loss-making streak that has now lasted for a period...

KU Vice Chancellor sacked after land drama with Uhuru

KU Vice Chancellor Professor Paul Wainaina has been kicked out of the University days after President Uhuru Kenyatta publicly declared that he would be dealt with swiftly and effectively. This follows a major disagreement the Vice Chancellor had with the...

New tariff to push cost of water in Nairobi by 40 per cent

A new tariff is set to push the cost of water in Nairobi by 40 per cent. The new hike comes after the water services regulator, Nairobi City Water and Sewerage Company (NCWSC), sought higher tariff review to recover...

How SK Macharia lost Sh. 1.2 billion estate to grandson in bitter fight

Royal Media Services owner SK Macharia in 2021 lost control of his late son's Sh. 1.2 billion estate to his grandson. This was after the High Court issued orders revoking the letters that had given SK the right to manage...

Entebbe Airport now set to beat JKIA as cheaper transit airport

The Entebbe International Airport is now set to beat Jomo Kenyatta International Airport (JKIA) as the cheaper point of transit. This follows the decision by the Ugandan government to scrap taxes on airlines using the Entebbe Airport. This scrapping of...

KRA makes history after collecting over Sh. 2 trillion revenue in a year

For the first time in Kenya’s history, the Kenya Revenue Authority has collected over Sh. 2 trillion revenue in twelve months. This is after the KRA recorded a monumental revenue collection of Sh. 2.031 trillion for the Financial Year 2021-2022...

M-Pesa launches interest-free loans for buying goods

Leading telecommunications firm Safaricom is set to unveil an interest-free loans service for buying goods. The new credit service will allow millions of Safaricom M-Pesa customers to shop for goods and and pay up later. The facility has been dubbed as...

How educated is KRA boss James Githii Mburu? Here’s his education and career profile

James Githii Mburu Biography: James Githii Mburu took over the position of Kenya Revenue Authority (KRA) Commissioner-General from Mr. John Njiraini. In a gazette notice dated June 6 2019, James Githii Mburu was appointed for a three-year term that started...

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Laikipia farm bets on value addition to unlock premium beef markets

In the plains of Rumuruti in Laikipia County, a cattle farm is quietly reshaping how beef production is approached;...