Category: Economy&Finance
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Colonel Harland Sanders, best known as the founder and face of Kentucky Fried Chicken (KFC), built one of the most iconic fast-food empires in the world. At the time of his death in 1980, Colonel Sanders’s net worth was $3.5 million, which is about $10 million today when adjusted for inflation. While this may seem…
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Samuel Truett Cathy, better known as S. Truett Cathy, was an American entrepreneur, philanthropist, and author who made his fortune as the founder of Chick-fil-A, one of the largest and most successful fast-food chains in the United States. At the time of his death in 2014, Samuel Truett Cathy’s net worth was estimated at $6.6…
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The National Treasury has projected that total revenues, including Appropriations-in-Aid, will reach Sh3.321 trillion in the 2025/26 financial year, equivalent to 17.2 per cent of GDP. This was revealed during a session held by the Budget and Appropriations Committee on Wednesday with Treasury Principal Secretary Dr. Chris Kiptoo to review the implementation of the 2024/25…
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Kimbal Musk is a South African-born restaurateur, chef, and entrepreneur with a net worth of $500 million. Best known as the younger brother of billionaire Elon Musk, Kimbal has built his own path in the restaurant, farming, and sustainability industries while also serving as a long-time board member of Tesla Inc. and SpaceX. His wealth…
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A transfer letter is a formal document used to request or approve the movement of an employee from one department, branch, or location to another within an organization. It ensures that the process is official, clear, and well-documented. Writing a transfer letter requires professionalism, accuracy, and polite language. Here is how to write a transfer…
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John Mars, the billionaire heir to the legendary candy empire, has a net worth of $45 billion. As chairman of Mars, Incorporated, he oversees one of the largest privately held companies in the United States, famous for household brands such as M&M’s, Snickers, Twix, Milky Way, and Skittles. Beyond candy, the company also produces pet…
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Agriculture Cabinet Secretary Mutahi Kagwe called on global investors to package tea in Kenya for export to guarantee a higher value for their clientele. Speaking at the North America Tea Conference in South Carolina, USA, Kagwe heaped praise on the Kenyan government for expunging taxes on packaging materials for agricultural products, hence making it affordable.…
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Jacob Mutiso could hardly wrap his head around what had just taken place. After years of placing small B’ets that only brought in modest returns, his persistence finally bore fruit—he had struck an astonishing KES 25 million jackp0t in a single day. Overwhelmed with joy, he hurried to the b’ettlng company’s head office in Nairobi,…
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My name is John, and I come from Masaka in central Uganda. For years, I worked very hard to build my small business from the ground up. I started with little capital, but through sacrifice and determination, my business grew and gave jobs to several people in my community. I always believed that by employing…
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Starting a business takes courage, vision, and sacrifice. Every entrepreneur dreams of building something lasting, whether it’s a small shop or a multinational company. Yet, despite careful planning, hard work, and even large amounts of capital, many businesses collapse unexpectedly. Owners are often left frustrated, asking themselves: “What went wrong?” While traditional business advice often…