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Small cooking gas vendors cheaper than marketers by nearly Sh. 1,000

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The price of cooking gas has fallen below Sh. 3,000. Currently, the 13-kilogram cylinder is going at Sh. 2,954.36 on average nationwide. However, it is buyers purchasing their cooking gas from small retail shops that are benefitting.

At Uchumi and Naivas supermarket outlets in Westlands, Nairobi, the 13-kg cylinder is priced at Sh2,990.

Oilibya and Shell petrol stations on Waiyaki Way price the same quantity at Sh2,800 and Sh2,700 respectively.

Shell is refilling the six-kilo canister for Sh1,400, while Oilibya prices the same at Sh1,290.

In Nakuru, small retailers are selling the gas at a bargained price of Sh. 2,600. Vendors in residential areas in Nairobi are selling the 13-kg cylinder for as low as Sh2,200 and Sh1,000 for the six-kilo canister.

According to the Petroleum Institute of East Africa, in defence of oil marketers, said estate vendors manage to sell LPG [Liquefied Petroleum Gas] at much lower prices due to tax evasion.

“In most instances, estate vendors of LPG evade Value Added Tax [pegged at 16 per cent] and serve as outlets for LPG that has been added in Kenya without duties and taxes,” PIEA chairman Polycarp Igathe told The Star newspaper.

It is alleged that about 70 per cent of the LPG business in the country is being handled by the cartels. Igathe said the playing field is uneven, adding that major LPG dealers always pay tax. “Major dealers are losing out. The consumer should be cautious too because the quality of estate LPG is not guaranteed either,” he said.

According to Reuters news network, the spot price of LNG-AS dropped to $7.20 per million British thermal units (mmBtu) last week, the lowest since July 2010 and down almost 65 per cent from the same time last year. Locally the price of cooking gas remained above Sh3,000 for 11 months straight in 2014, at some point touching a 32-month high of Sh3,111.74 in September. Last month’s was Sh64 lower than December’s average of Sh3,018.45.

Singer Chantelle and producer J Blessing welcome baby boy

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Producer J Blessing and Singer Chantelle have now joined the parenthood wagon after they welcomed their son Kyle. Chantelle was happy to post his first picture on Instagram on Monday morning as she celebrated her birthday saying, “Today twenty something years ago I was born, I’m thankful for everyone who has been a blessing in my life, but mostly I’m thankful for my little family, my husband and son mean the world to me…happy Birthday to me.”

The good news dulled J Blessings fear over his life after four gunmen broke into his Westlands studio office and made away with recording equipment and other equipment worth millions on Saturday night.

The four men who have been trailing the producer for days now broke into the office and tied up his assistant, who was later rescued by police after alerting them hours after the gunmen had made away with the valuables.

J Blessing has constantly been complaining that some unknown men are after his life, a matter that is now being investigated by police.

MPesa is Kenya’s top brand

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Safaricom’s MPesa, is Kenya’s 2015 leading super brand. Interestingly, MPesa has defeated its parent company Safaricom to the top slot. In a survey managed by London-based Centre for Brand Analysis MPesa is seen to have improved its brand equity considerably from 2012, where it was placed sixth. Safaricom itself dropped to position three, behind Red Cross Society, a humanitarian relief organisation, which emerged second after Mpesa.

“The leading brands not only prove they offer quality products and services that consumers can trust, but do so on a consistent basis,” explained Centre CEO Stephen Cheliotis, while announcing the results yesterday.

“We surveyed both informed experts and the end consumers who ultimately decide what brands to buy to determine the region’s Superbrand,” he added.

Others companies that made it to the top 20 brands were The Daily Nation, Facebook, Google, Nakumatt, Citizen TV and Mumias Sugar company. Other brands in the top 20 list include Coca-Cola, Samsung, Kenchic, Colgate, Dettol, Supa Loaf, Bata, Equity Bank, Farmer’s Choice and Crown Paints. Eleven brands retained their top 20 positions in the 2015 survey. Kenya Red Cross and Equity Bank Kenya maintained their top 20 rankings and remain the only representatives of their respective sectors in the top grouping.

Leading supermarket and food retailer Nakumatt maintained its top 20 placing, moving up from 11th to eighth as the only representative from its sector. New entries into the top 20 included three US digital giants Facebook (fifth), Google (sixth) and Microsoft (seventh) and Japan-owned Samsung (12th). Other new entrants were Bata, up from 27th position to 17th.

“Close to 1,000 brands were reviewed so those brands placing high in the rankings can be rightly proud of their performance and success in generating respect among experts and desirability among customers,” Cheliotis said. The leading brands were judged on three core criteria, namely quality, reliability and distinction. Separate surveys are currently taking place in Tanzania and Uganda to inform on which brands can enter the East African edition of the global branding publication Superbrands. Cooking brand “Kasuku” failed to benefit from the upward trend of food brands as it dropped out of the top 20 category, from position 18 to 44.

Why you MUST be an employee first before starting on your own

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Heshan De Silva: Entrepreneurship is hard. That in itself is a huge understatement. Many young people and those young-at-heart take the leap into self-employment without understanding just how challenging the space really is. My piece this week is to shed some light on what awaits you on your entrepreneurial journey and to hopefully give you a few pointers to make your path to self-employment a little less tumultuous.

Odd, when the notion of entrepreneurship is to be your own person, right? Wrong. I think this is the single most important thing any entrepreneur can do when starting out. In our arrogance of wanting to be our own boss, we forget that every great company has a greater TEAM behind it. Do you have the skills off the bat to hire the right people, manage them efficiently, and keep them working towards a big goal? Chances are you don’t if you have never been part of a team. Well, not immediately anyway, and if you think you do – you’re probably fooling yourself.

“But Hesh, it’s so hard to get decent paying jobs in Kenya”. Yes it is, it’s the case all over the world. And it’s even harder to make a solid living out of your first company. Volunteer at companies. Offer yourself at entry level jobs. You must be a willing learner. There are programs in Kenya such as those offered by the Kenya Private Sector Alliance (KEPSA) and United Nations Volunteers (UNV) that place you into internships around the country. GRAB opportunities. When you’re working for someone else you’ll learn crucial lessons about employee morale, waste, strategy, resource management and so on. The list is endless. Get stuck in and learn, it will open your eyes to how naive you would have been had you jumped head first into entrepreneurship.

We are a shortcut embracing culture. From falsely acquiring odd qualifications, to our hustler mentality. As an entrepreneur, your odds of surviving beyond your first 3 years are roughly 15%. Terrible odds. So why do so many startups fail? I want to focus on Kenya and give you a few points to look out for.

  1. Waste. If you’re spending money on rent you cannot afford, a large team in anticipation of large orders coming, unnecessary infrastructure (eg. Core i7 laptops when an i3 will do), and any other overheads that are unnecessary towards your direct goal – you will most likely fail.
  2. Sales are King. At the end of the day, if you’re not making sales, you’re finished. Doesn’t matter how glitzy everything is, if you can’t get clients – nothing else matters. When you find yourself sitting at a desk twiddling your thumbs, get up, go out and start looking for clients. Go door to door with what you’re offering. It may sound exhausting, but if the client won’t come to you – go to them.
  3. Do not lose focus. It’s too easy to say “This isn’t working right now, let’s try this as well” every time business is slow. The problem with that is you do not have enough time to manage more than one thing exceptionally, especially when starting out. When you find you have a lot on your plate, you’re already well and truly in the quicksand. Stay focused, work on the original goal, learn what you must from the shortcomings and adapt. Don’t think that starting something new on the side will help your short term shortcomings.

I hope you realize that there are many more hidden challenges that await you on your entrepreneurial journey. Did I mention that it’s HARD? It is not a journey for everyone, and it will knock you repeatedly. Just remember, every knock has a lesson to be learned. Learn the lesson and adapt. This is why I encourage every wannabe entrepreneur to get out and get a job first – the lessons that you learn through employment will save you a lot of grief on your journey to being your own boss.

Strathmore Business School host’s International MBA students

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MBA Students from IESE Business School, a leading business school in Spain and the world had the opportunity to discuss a case study on M-Pesa at the Strathmore Business School (SBS) campus, Kenya. The students are in SBS as part of the Doing Business in Africa program which will see them stay in SBS for two weeks.

The program is designed to provide participants with a unique exposure to the African continent by providing practical skills and knowledge required to successfully operate and grow a business in Africa.

Guided by Prof. Alejandro Lago, the IESE MBA Academic Director, the students analysed the case from three angles; context, concept, and execution. The runaway success of M-Pesa, they decided, resulted from the favourable interplay of the three factors in the market. This ensured that the market was in the right condition when the product was launched i.e. a poorly served currency transaction market, not burdened by legacy regulation, and complemented by an open and existent clientele, resulted in the immediate adoption of the product.

Each year, students come from other international business schools convene at Strathmore Business School to study the African economic environment as part of the Doing Business in Africa Program. In addition to the sit-in class sessions, the participants visit local industries, markets and neighbourhoods. This ensures that their learning process is well-rounded and interesting.

3 Secrets to Becoming One of Those Productive Superhumans

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You may feel like there’s never enough time in the day. Jumping from task to task, you work from dawn to dusk only to be disappointed by your progress. When you try to relax, you’re subconsciously focusing on the tasks you have to do afterward. Because of your hyper packed schedule, you end up doing 50 things all at 50%.

Below, are three ways to better manage their time. Try incorporating this advice in your daily schedule, and your co-workers will begin to think you never sleep.

Home in on Major Tasks

Some people give the advice to say yes to everything, when in fact the most efficient say no to most things. This clears their schedule so they can just concentrate on what’s crucial for them to do. When you wake up in the morning, write down the most important objectives for the day. If other things come up, say no or delegate them. Your success for the day should be based on what you wrote down. Doing a few things well is much better than being average at everything.

Realize That Discipline Runs Out

Studies have shown that you only have so much discipline to give out. If you overuse it, eventually you lose it. Because of this, it’s important to take time to relax and reenergize. A perfect example is people who eat healthy. When you ask most of them, they’ll tell you that they incorporate some kind of cheat meal or cheat day in their diet. This is so they can give into their craving and recharge their discipline for the week ahead.

Drop Time Wasters

Take a hard look at your schedule. Do you have any meetings that seem to run on too long or phone calls that have no purpose? These are perfect examples of time wasters. One way to get rid of these is to have a clear agenda for every meeting you go into. Another way is to try and push unnecessary meetings and phone calls to emails.

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Bungalow and Land for sale in Eldoret at Sh. 6 million only

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Are you looking to own a home? Well, your dream is about to come true!! A three bedroom bungalow is up for sale! Even better, the bungalow comes with quarter of an acre of land – with a ready title deed! The bungalow price is a negotiable Ksh. 6 million!

 

Bungalow 1The bungalow has a master ensuite, fully tiled, has kitchen with pantry, dining room, electricity connection and raised external water tank.

 

Bungalow 2Further, the bungalow has 140 square feet built area and is well gated in a safe environment!

Bungalow 3The bungalow is located in Eldoret, Kericho Ndogo suburbs.

For further negotiations, you can send us an email through [email protected]

or

[email protected]

Nairobi Aviation College to sue Nation Media Group

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The Star: Nairobi Aviation College has denied claims that it awards students fake certificates. Communications director Eric Okulubera noted that Nairobi Aviation offers internal and external exams by Knec, Kasneb, ICM and CILT. Okulubera said the college is not certified to offer aviation courses, but is in the process of registering with the Kenya Civil Aviation Authority.

“It is not true that we issue certificates to unqualified persons. The expose was malicious and driven by the competitive environment and without following the basic tenets of responsible journalism,” he said.

“From the start the expose was about colleges and universities but the reporter subjectively narrowed down to Nairobi Aviation College for reasons best known to them.” He was speaking at a press conference at Serena Hotel on Monday.

Olukubera said the “malicious” allegations by Nation Media Group will be addressed in court on Wednesday. He said the school asked to clarify its position before the expose but was denied the opportunity.

The High Court had temporarily stopped NTV from carrying out an investigation on January 30, pending a hearing on February 4.

The ‘Certificates of Doom’ expose alleged that the school ‘cleans’ and issues certificates to students without pre-qualifications at a minimum cost of Sh3,000.

Hundreds of Nairobi Aviation students yesterday protested against the claims outside Nation Centre earlier in the day. At least 12 were arrested in the demo that saw them barricade Kimathi street and beat journalists covering it. They also hurled stones at the building, breaking a window, and demanded an explanation for the ‘unfair’ coverage. The police used tear gas to disperse them.

Blogger Robert Alai takes on Nation Media Group over ‘fresh smear campaign’

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Popular blogger Robert Alai has taken on Nation Media Group over what he termed as a smear campaign aimed at silencing him.

Mr. Alai took note of a series of stories by Nation Media Group’s Nairobi News blog of which he has featured as the subject. Through his tweeter handle @RobertAlai, Mr. Alai said that the continuing publication of the stories by NMG will only make him bolder.

He said: “NTV and Nation Media Group wish that they will smear till I keep quiet is an exercise in futility. Makes me bolder.” The series of stories by Nation’s Nairobi News blog on Robert Alai, which appeared to be directed attacks at the controversial blogger.

Yesterday, Robert Alai confirmed that indeed he tried to stop NTV from airing the Certificates of Doom story by Dennis Okari. The confirmation by the controversial blogger came a few hours after Nation Media Group ran a recorded phone conversation between Robert Alai and Dennis Okari. The phone clip is said to have been recorded on Sunday when the blogger called Mr. Okari in an attempt to stop the feature from airing.

Through his twitter handle @RobertAlai, Mr. Alai tweeted that he indeed did try to stop the feature from airing due to what he termed as witch hunt by Nation Media Group. Said Robert Alai: “Yes I TRIED to stop the #CertificatesOfDoom broadcast because it’s witch-hunt bone out of malice by UAC owner. No journalism there. Next?”

Although viewers have not denied the possibility and existence of fake degrees and diplomas being offered by local colleges and universities, NTV has been put on the spotlight as to why the Sunday feature only addressed one college.

A Simple Challenge That Will Unlock Your Inner Brilliance

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An American company called New Tech City has launched a project called Bored & Brilliant based on the premise that being so connected to technology may actually be killing our creativity.

Work by Sandi Mann of the University of Central Lancashire suggests that time for aimless thought could be important for creativity. In a study called “Does Being Bored Make Us More Creative?” she gave research subjects tasks of varying degrees of boringness and then used a standard measure of divergent thinking involving plastic cups. Those given the most boring task—reading the phone book—came up with more interesting uses for the cups.

“You come up with really great stuff when you don’t have that easy, lazy, junk food diet of the phone to scroll all the time,” Mann explains.

Visit Bored & Brilliant to sign up and listen to this 16-minute segment to hear experts make the case for boredom:

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