James Oundo

Why teachers, civil servants won’t get any salary raise over next two years

SRC Civil Servants Salaries: There will be no salary increment for teachers over the next two years. This is according to the Salary and Remuneration Commission. “There will be no review of the basic salary structures, allowances and benefits paid...

Thousands of investors stare at over Sh. 10 billion loss at Cytonn

Cytonn Investments Scandal: Thousands of investors are staring a loss of more than Sh. 10 billion after investing in Cytonn Investments. This comes as the scandal at Cytonn goes full blown with investors crying foul and the Capital Markets...

We are investigating Cytonn, says CMA as it cautions investors

Cytonn Scandal: The Capital Markets Authority has announced that Cytonn Investments is not regulated or authorized. The announcement came after a video of an investor claiming she hasn't been paid emerged. “The Authority confirms that Cytonn Investments is not a...

How Co-op Bank breathed new life into loss-making small bank

Kingdom Bank Kenya: In July 2020, shareholder of the shareholders of Jamii Bora Bank unanimously approved Co-operative Bank’s acquisition offer. In an Extra Ordinary General Meeting that was held on 1st July 2020, the shareholders resolved that Co-op Bank...

Photos: Inside late Chris Kirubi’s lavish mansion, expensive car collection

Chris Kirubi House and Cars: A few months ago, the Kenyan billionaire Chris Kirubi who died on June 14, 2021 gave Kenyans a preview of his lavish home and expensive car collection. Mr. Kirubi did this during the Sunday...

Late Chris Kirubi: “I started out as an ordinary salesman in Nairobi”

Chris Kirubi wealth: It is remarkable and at the same time very sad how, many people ignore the obvious especially those who are deprived. Why am I saying this? We moan a lot about not having enough money, not...

Late Kirubi’s final advise on secrets you must follow if you want to get rich

Chris Kirubi Wealth Lessons: The late Chris Kirubi was arguably one of Kenya's top billionaire entrepreneurs. Up until his last day alive, Kirubi did not stop sharing tips on how Kenyans could better themselves and get richer than they...

Grace Mello: How I got Sh. 2 million capital when all I had was Sh. 40,000

“My name is Grace Mello. I am in my early thirties. I am a hairdresser by profession. I am also a taxi driver in Nairobi. I have been running my taxi business for three years now. I started this...

Kingdom Bank to end five year loss streak with Sh. 300m profit in 2021

Kingdom Bank Profitability: The Kingdom Bank is anticipating to record a profit of at least Sh. 300 million this financial year. This will be a major turnaround for the bank that has been posting a streak of losses over...

Billionaire Rai family now goes after Mumias Sugar

The billionaire Rai Family has emerged as one of the investors bidding to takeover Mumias Sugar in a lease deal. This has been revealed the Mumias Sugar receiver manager PVR Rao. The revelation comes barely a week after Western region...

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Laikipia County announces 191 job vacancies; how to apply

The Laikipia County government has announced a mass recruitment drive targeting professionals across various fields. In a notice, the Laikipia...