Business

28 February 2024 - NAIROBI, Kenya, Feb 28 – Samsung Electronics is still the dominant force in the global TV industry, according to market research firm Omdia. With a 30.1 percent market share in 2023, the tech firm continues to lead, largely due to its focus on…

28 February 2024 - Germany is among top sources of international tourists to Kenya.

28 February 2024 - During the last 2 years, there has been a notable exodus of people from Nairobi to the city’s satellite towns, as well as to the rural areas. This can be attributed to the Covid-19 pandemic as well as the effects of devolution.

28 February 2024 - The acquisition of two local microfinance banks (MFBs) has taken a major step forward after the National Treasury approved the request to exempt them from the 25% single shareholder limit as provided for in Section 19 of the Microfinance Act. 

28 February 2024 - Saccos in Kenya are set to usher in a new dawn following several proposed changes in the regulatory framework governing cooperatives. Dubbed The cooperative (amendment) bill, several proposals have been put forward that would see some significant…

28 February 2024 - I make my way to 40Forty Lounge in Westlands just before the madness known as Nairobi rush hour kicks in. I am here to meet Ndegwa Matimu – a 35-year-old visionary who has invested heavily in Kenya’s Interior Decor scene (more on that later).

28 February 2024 - In 2016, something unusual happened. The death of a secretary at a law firm in New York City made global headlines. It’s not every day that you’d find the demise of a secretary doing the runs across all major news networks.

28 February 2024 - While it’s true that innovative products and business models are the bedrock of any promising startup, a steady flow of funds, especially in the early stages, to turn those ideas into reality is also critical.

28 February 2024 - Living in Nairobi can be an expensive affair even for the most financially disciplined individuals. Prices of basic necessities have skyrocketed over the last few years. If you walk into your favorite supermarket and pick out 2kg of rice, 2kg of…

28 February 2024 - Have you ever been in a situation where you feel you need to make a financial decision RIGHT NOW? Many life events present us with decisions that put us under pressure to act immediately. And life is indeed about choices, especially financial ones…

28 February 2024 - For the most part, everyone has the option of retiring early. Whether you define "early" as 63, 40, or even 35, the point is to make more time for yourself and your loved ones while you can.

28 February 2024 - “You need at least 12 licenses to start a hotel in Kenya,” reads an excerpt from a tweet that triggered Kenya’s business community recently. Starting a business is a very demanding undertaking. However, starting one in Kenya is even more…

28 February 2024 - It’s been a busy last seven days. From plans to send 700 Nairobi Metropolitan Services (NMS) employees home to farmers getting relief due to subsidised fertiliser prices to reports revealing that most Kenyans do not have a retirement savings plan,…

28 February 2024 - It’s a new month! Are you looking for a government job, either to change careers, get new experience, or earn a better pay? Are you looking for some foundational work experience, too? Well, this article provides a roundup of open employment…

28 February 2024 - Once I tie the knot, that’s it. I will no longer hang out with my single friends as a matter of principle.Just to be clear, I mean the forms of single that are present in Nairobi ie single but still friends with an ex, single with baby mama drama,…

28 February 2024 - You must have already heard of the dangers of living beyond one’s means. What you may not really know is you could actually be one of those unenviable people living beyond their means. It is one of the surest ways to not just retire poor but to…

28 February 2024 - Why are you living in Nairobi? If you have a regular 8-5 job, well and good. However, if no employer needs you in some kind of office, then what makes Nairobi your preferred dwelling place? If living in Nairobi is causing you sleepless nights in…

28 February 2024 - Nairobi is not referred to as the concrete jungle for no reason. It takes a lot of wit, resilience, and patience to make an honest living in the city. There are countless ways in which scammers obtain your private information – and just when you…

28 February 2024 - Following the highly publicised and heartbreaking evictions over non-payment of rent during the pandemic, the National Assembly is in the process of approving a Bill that is aimed at levelling the playing field when it comes to landlord-tenant…

28 February 2024 - I am at that stage in life where all my friends are either married, with kids, or both. Scrolling through Facebook the other day (something I rarely do), I was taken aback when I saw a former desk-mate of mine posing with his wife and two almost…

28 February 2024 - The Finance Bill, 2022 went through the First Reading on April 13, 2022, and to say it has led to an uproar among Kenyans would be an understatement. From media personalities to the Kenya Association of Manufacturers, Kenyans have been vocal about…

28 February 2024 - The highest paying job in Kenya’s private sector in 2021 were in the extraterritorial organisations and bodies industry, where employees raked in an average of Ksh3,757,013 per year, translating to about Ksh313,084 per month. 

28 February 2024 - With no medical cover, the rainy day account didn’t even make it past week one. We had to engage friends and loved ones in a WhatsApp group that was created specifically to raise the money needed. It was a lot. If you don’t have health insurance, I…

28 February 2024 - Thika, Juja, Ruiru towns reflected a surge in investor demand which was reflected in land asking prices increasing by 6.3%, 4.6%, and 1.6% respectively. Ruaka is emerging as the leader of satellite town in demand for and increase in value of…

28 February 2024 - The Nairobi expressway, which is set to be opened to the general public on May 14, 2022, will feature several payment discounts. Moja Expressway, a subsidiary of China Road and Bridge Corporation (CRBC), recently publicised a discount system in a…

28 February 2024 - Moving out and into your own place is seen as a right of passage by most. A statement declaring your independence and transition into adulthood. However, extenuating circumstances could force one to move back home. This could potentially lead to…

28 February 2024 - Remember when I told you guys about how and why I quit betting? Well, I left out a few things that have since resurfaced, and I need to explain. Have I relapsed, not exactly…I am betting yes, but on something else entirely.

28 February 2024 - NAIROBI, Kenya, Feb 28 – Digital learning partner EIDU plans to roll out e-learning solutions in Kenya’s primary schools. The company says that it is keen on onboarding lower-level learning institutions onto its digital learning program to support…

28 February 2024 - Six percent of the agribusiness SMEs re-negotiated supplier contracts and payment terms.

28 February 2024 - The early twenties are a period of exploration, figuring out our true life goals and experimentation. We do make many financial mistakes during this period and as we approach our 30s and 40s, we look at some of the lost opportunities and learnings…

28 February 2024 - With the discontinuation of the KCB Mobiloan last week, consumers have to contend with marginally more expensive loan products as Mobiloan was seen as the cheapest digital credit facility when compared with other lenders in the market. It's…

28 February 2024 - About two taxes and seven levies that EPRA incorporates in its formula to set duel prices account for over 48% of the total cost at the pump. This means that consumers pay more in taxes and levies than the actual cost of the fuel.

28 February 2024 - Local experts estimate that top TikTok creators in Kenya can easily earn between $2,000 (Ksh287,800) and $3,000 (Ksh431,700) per month from TikTok Live virtual gifts. It is these live streams that have attracted nationwide condemnation following…

28 February 2024 - Government ministries, departments and agencies have until the end of today to migrate to the new payment method unveiled by President William Ruto on June 30 following the termination of over 1,400 PayBill numbers that Kenyans have been using to…

28 February 2024 - Over 350,000 Kenyans had already registered for Worldcoin by Tuesday, August 1, according to the organisation, as thousands more are being dispersed from registration centres including at the KICC where the allure of "free money" in the form of…

28 February 2024 - If you have an existing loan at a bank or are planning on taking one from August 2023, you may have to contend with higher interest rates as commercial banks begin repricing their loans in line with the Central Bank of Kenya’s (CBK) base lending…

28 February 2024 - While many Kenyans, especially those who own SMEs, have embraced logbook loans as one of their go-to credit options, logbook loans are generally misunderstood, if not feared. Indeed, there is a real risk of losing ownership of your vehicle since it…

28 February 2024 - This is a detailed guide on how to go about filing your tax returns on the Kenya Revenue Authority (KRA) iTax portal, as well as an exhaustive response to all the frequently asked questions regarding filing taxes in Kenya.

28 February 2024 - The newly launched Umba Microfinance Bank Logbook Loan is offered starting from a competitive monthly interest rate of 2.49%. This is when compared to comparable logbook loan products offered by microfinance institutions. If you are employed with a…

28 February 2024 - When it comes to relationships, nothing comes close to money in terms of its ability to raise the tension to 'end-of-the-world' levels. Psychological, behavioral and neuroscience research indicates that how stable and secure you feel in your…

28 February 2024 - The Public Service Commission has advertised 63 job openings in the State Department of Gender and Affirmative Action as well as the Ministry of Defence.

28 February 2024 - The Public Service Commission (PSC) on Tuesday, March 28 announced 1,300 job vacancies for teachers who will work in various Technical and Vocational Training Institutes (TVETs) around the country.

28 February 2024 - The Nairobi County government has announced paid internship slots in a number of industries, offering young graduates looking for full-time employment an opportunity. City Hall posted several job postings, on the county's official website, for…

28 February 2024 - In January 2023, Safaricom enabled Fuliza users to withdraw money directly from an M-Pesa agent. ‍Regular withdrawal fees will still apply and will be deducted from your available overdraft limit.

28 February 2024 - SHENYANG, Feb. 28 (Xinhua) — A direct passenger air route between Shenyang City in northeast China’s Liaoning Province and Moscow in Russia was officially opened on Wednesday, marked by the noon departure of China Eastern Airlines flight MU841. The…

28 February 2024 - NAIROBI, Kenya, Feb 28 – The Policyholders’ Compensation Fund (PCF) today rolled out a new campaign that seeks to restore public confidence in the local insurance industry amid the liquidation of some of the players. Through ‘PCF Mtaani’, members…

28 February 2024 - NAIROBI, Kenya, Feb 28 – State Department of Environment and Climate Change Permanent Secretary (PS) Festus Ng’eno has said that the adoption of a circular economy is the only solution to combating the current climatic changes that the country is…

28 February 2024 - If you have ever lend a friend money out of care and they literally took it to be a donation, you are not alone. I don't know how I even keep hanging out with some of my friends who still owe me sums for months and even years.

28 February 2024 - I’m at that age of my life when some really nagging questions just won’t go away. If this is what mid-life crisis feels like, I wasn’t quite ready

28 February 2024 - Digital lenders have done some good for individuals and businesses. But what they have been largely known for is the bad; predatory lending, uncouth debt collection methods, debt shaming and contributing to high debt distress. But there's more to…