Category: Business
-
A section of Keroche Breweries’ Naivasha plant on January 15, 2013. (Photo: Daily Nation) Keroche Breweries has launched a Sh10 billion lawsuit against its former managing director, Sam Shollei, accusing him of causing reputational damage linked to an advertisement of a pending liquidation petition. The dispute stems from a Sh75 million compensation claim by Mr…
-
Winning a business contract can be one of the most stressful experiences for any entrepreneur. It requires not only skill and preparation but also timing, connections, and sometimes a bit of luck. For many, no matter how qualified they are, success seems just out of reach. For one man in Dar es Salaam, Tanzania, the…
-
Growing a business is never easy. Every entrepreneur faces challenges, from attracting customers to managing finances and staying ahead of competitors. For many business owners, progress can be slow and discouraging. But one woman from Uganda discovered a way to take her business to heights she had only dreamed of. Her story is a true…
-
Simon Kariuki was a well-known Nairobi businessman with a secret weakness—he couldn’t stay away from the thrill of b’etting. What started as a pastime slowly became an obsession. Convinced he had figured out a winning formula, Simon began to treat it like his own personal money machine. His flashy lifestyle—luxury cars, fine dining in top…
-
Running an online business can be very exciting, but at the same time, it comes with many challenges that people rarely talk about. When I first started my online business, I believed it was going to be the answer to all my financial struggles. I saw many people making money online, selling products, and providing…
-
Becoming a millionaire at the age of 15 is something that most people think is impossible, especially in Africa where young people are often told to wait until they are older before they can achieve big things. I used to think the same way until my life changed completely. I was just an ordinary boy…
-
A person handling cash Senator Andrew Omtatah has called for the scrutiny of a Sh 14.5 billion national currency printing contract awarded by the Central Bank of Kenya (CBK) to German firm Giesecke+Devrient (G+D). In a statement filed under Standing Order 53(1), Omtatah says serious constitutional and procurement queries have been raised after the Auditor-General…
-
Customers are served at the Kenya Commercial Bank (KCB) in Nairobi on January 24, 2018. (Photo by SIMON MAINA/AFP via Getty Images) In the creative world, nothing is ever one-size-fits-all. One day I’m deep in brainstorming mode, the next I’m chasing invoices, and by the weekend I just want to switch off and live a…
-
File image of Treasury Cabinet Secretary John Mbadi The National Treasury has moved to dismiss reports suggesting that taxpayers could lose hundreds of billions following the cancellation of the High Grand Falls Dam Project. The National Treasury has moved to dismiss reports suggesting that taxpayers could lose hundreds of billions following the cancellation of the…
-
File image of the Central Bank of Kenya (CBK) The Central Bank of Kenya (CBK) said the move is part of efforts to strengthen regulation and supervision in the sector. The Central Bank of Kenya (CBK) has unveiled draft regulations targeting credit guarantee businesses, following amendments to the CBK Act under the Business Laws (Amendment)…