Presidential Staff Salaries: The salaries and allowances paid to the staff of President Uhuru Kenyatta and his deputy William Ruto increased four times to Sh. 8.64 billion in the year ended June 30, 2021.
According to the Controller of Budget,...
Kenya Commercial Bank has revealed that it suffered an attempted Sh. 2 billion money heist. The theft was attempted by a gang of hackers, who the bank did not identified as local or international.
“In 2020, the KCB Group successfully...
The China Road and Bridge Corporation (CRBC) that is constructing the Nairobi Expressway will rake in profit worth over Sh. 106 billion for the twenty seven years that it will operate the expressway. This means that the firm will...
Unemployment in Kenya: Over 1.2 million Kenyans who are jobless have given up on searching for jobs. The Kenyans, who total 1.23 million, have given up following fruitless searches for work. The majority of these are Kenyans aged between...
Pension Mortgage in Kenya: In July 2021, the Co-operative Bank of Kenya launched the first pension-backed mortgage loan facility in Kenya. This mortgage loan facility has been targeting members of pension schemes in the country.
It is meant to enable...
Joseph Gitonga is the Director of Sales and Marketing at real estate firm Username Investment Limited.
We didn’t have much capital when we started this business. During our first land purchase process, we paid for a property that had been...
Leading telecommunications firm Safaricom could earn billions of shillings in annual revenue from installing smart water meters. The firm is seeking to install the smart water meters on behalf of water companies across the country in a bid to...
Passive Income Investment Ideas in Kenya: We know doing business may not be for everyone. Despite the potential rewards, many people still find setting up and running a business very time consuming. To succeed in any business, personal involvement...
Kevin Kigima Ng’ang’a, the co-founder of Pokeapay, a fintech company that offers e-commerce digital marketing and payment solutions to small and medium sized businesses, got a Sh. 3 million bonus at his workplace shortly after the famous 2008 Safaricom...
Safaricom High Speed 5G Network: Safaricom is set to launch its high speed 5G network for commercial use by December this year. This comes six months after the leading telecommunications firm activated Kenya's first 5G internet. So far, the...
