Kenya’s UBA Bank, in partnership with the Tony Elumelu Foundation and the State Department of Devolution, will be launching the SME Seed Capital for Kenyan entrepreneurship that will see them …
Taking a loan always seems like the most convenient thing to get out of a financial situation. But many have become slaves of their actions. Remember, whoever gives, calls the …
The rich invest in stocks and bonds. The poor invest in short conveniences. Investing in stocks has become the in-thing in today’s world with millionaires around the world investing millions …
Call them the Y-generation, the new generation, the confused generation, kids, and the lazy. Call them anything but the fact remains clear, that the millennial is one of the most …
No business exists in a vacuum. They say that businesses are made of people. People do not buy products and services, but they buy people. People create trust and trust …
Invest before you spend: Your monthly consumption should be equal to your income (net of all taxes) minus your monthly investments. Regular investment every month grows your wealth, so your …
According to analysts from Xplico Insurance, the time for Kenyan small and medium enterprises (SMEs) to embrace insurance coverage is long overdue. According to the industry player, the immense contribution …
UBA Bank Kenya has called on Kenyans to take advantage of the Tony Emelu Foundation and apply for the USD 5000 seed capital for their businesses and ideas. The seed …
UBA Kenya Bank through The Tony Elumelu Foundation Entrepreneurship Program is giving at least USD 5000 as seed capital to entrepreneurs across Africa to enable them to kickstart and turn …
Convergence Partners has closed its Convergence Partners Digital Infrastructure Fund (CPDIF) at $296 million, surpassing its initial target by over 18%. This achievement is despite subdued private capital fundraising on …
Binance Charity, the philanthropic arm of Binance, the world’s leading cryptocurrency and blockchain infrastructure provider has partnered with Utiva, a technology education company in Africa that helps young people learn …
The festive season is on. Christmas is over. And the new year is coming. People are blowing away cash and come January, some will be as broke as a church …
A letter of credit, or a credit letter, is a document from a bank guaranteeing that a buyer’s payment to a seller will be received on time and for the …
By Shaka Kariuki Apple, Netflix, General Motors, and Delta Airlines are some of the largest business organizations in the world. However, that is not the only thing they have in …
Not everyone around you is a friend. Not everyone who smiles around you is your friend and means well. Everyone wears a mask, and once in a while, whether consciously …
The year is coming to an end. They say we cannot tell the future, but we can always prepare for it. As January 2023 comes, many things will weigh on …
Absa Bank Kenya has today partnered with financing platform Melanin Kapital and the African Guarantee Fund (AGF) to improve access to finance for women-owned and led SMEs through the joint …
Employees are the driving force behind any company. A high employee turnover curtails the growth and development of a firm. A workforce brings diversity to a company, providing various unique …
By Ivan Kanyali Personal finance and financial goal setting in Kenya is a popular topic in December – as many Kenyans begin to reflect on the year that was and …
Technology has facilitated the growth of many businesses in the country. It has made a significant contribution, particularly to online businesses. Whatsapp, Instagram, and Facebook have provided the perfect platform …
Chumz, a mobile app that allows Kenyans to invest as little as KES 5, has launched an in-app feature that will enable football fans to save money while cheering on …
Family Bank has been awarded and recognized as Bank of the year for high-impact agricultural lending to Small, Medium Enterprises (SMEs) by Aceli Africa. The Bank was awarded during the …
Meet Wawira Njiru, a nutritionist, entrepreneur, and founder of Food4Education who believes that providing a healthy lunch to children will impact their school attendance and development. In fact, schools that are …
Duka owners or micro-retailers have embraced the use of technology in operating their businesses, which is improving performance, says the non-profit international development organization TechnoServe. TechnoServe says micro-retailers are using …
We need money for virtually everything. We need money for food, clothing, medication, vacation, and investment, to give our loved ones a befitting send-off among other needs. There is nothing …
Small retail stores, known as Dukas have mushroomed in Nairobi. That aside anyone would confess how convenient they are for all of us. It could be that one time you …
Kenya’s economy runs on the wheels of entrepreneurs. The sector employs at least 86 percent of the population and contributes at least 30 percent to Kenya’s gross domestic product (GDP). …
TechnoServe is set to host the 6th Miro-retail Stakeholders Forum which will bring together the ecosystem of players within and without Kenya’s micro-retail sector to share their learnings, gaps, and …
Small and medium enterprises (SMEs) are the engines of economies within and without the African continent. Without them, hundreds of millions would be jobless, and the gross domestic product (GDP) …
Anyone with a kid will tell you that it is not easy to take care of a child. Children have so many needs ranging from medication, to schooling, to access …
Imagine sitting somewhere within your house and being able to open a bank account through your Instagram account, Facebook account, or via WhatsApp without making calls or presenting yourself physically …
Running a business in Kenya is not a walk in the park. It needs sacrifice, sweat, and blood. It needs the will to always go on no matter how many …
In recent days, there have been heated discussions about the savings culture in Kenya. Some say that Kenya’s savings culture is at its worst. Some say that Kenyans are not …
The 5th edition of the Changamka Shopping Festival by the Kenya Association of Manufacturers is set to kick off at KICC. The festival, which will run from 1st November to 5th November, …
Manufacturing is a key sector in Kenya’s economic development, in both its contribution to national output and exports and job creation. The industry is diverse, comprising a variety of different …
The story of Agilitee’s founder, the African Billionaire who build a $20 billion green technology & AI firm, reads like a tale encapsulating the spirit of defying the odds, self-determination, …
The Family Group Foundation and the USAID Tumikia Mtoto project implemented by World Vision Kenya have today held a graduation ceremony for 100 DREAMS young women bringing the total number …
Your business is not made up of good products. Your business is not made up of good services. No. Your business is made up of people. Your employees. You may …
In most parts of the world, small and medium enterprises (SMEs) are the real engines of the economy. In Kenya, for instance, they account for over 80% of all businesses …
The Covid-19 pandemic has resulted in a huge downward economic shift and is expected to bring in long-term structural shifts. Africa was among the continents that were hit the most …
Small and medium-sized enterprises (SMEs) in their growth stage reach the point where, on the one hand, personal resources do not meet their needs, and, on the other, they do …
Life is not fair. Get used to it. Stop complaining about it and start doing something about it. Don’t sit around expecting that someday life will be fair. It will …
99.9 percent of the people you meet don’t care. They do not give a damn. You have to live your life without relying on the opinions of others. People only …
Books carry knowledge. They carry wisdom. Most people put their best thoughts in books and the only way to learn their ways is by reading their books. Here are the …
A good car and a nice dress will open some doors for you in Nairobi.
There are several distinct governance styles that you can leverage in any leadership workplace. A strong team whose members are personally and professionally fulfilled and produce high-quality work to help …
You have been with company for years. Yes. You are the main person. You have grown it from scratches. The company cannot do without you. You are the company and …
Prudential Plc through its community investment arm, Prudence Foundation, has partnered with the popular Akili Kids children’s television channel, to impart financial skills to over six million children in Kenya …
Jane has been running a salon and a small boutique business for the past 3 years offering an array of services and products at Naivas, Outering Road, next to Allsopps. …
Microsoft is expanding its partnership with the African Development Bank to support Africa’s youth entrepreneurs under the bank’s Youth Entrepreneurship Investment Banks (YEIB) Initiative. Through its African Transformation Office (ATO), …
I have not lived that long, but I have lived long enough to see businesses rise and fall. It hurts when a business you have invested in that hard falls. …
I have an account with UBA Kenya, one of the few lenders in Kenya that really values micro and small medium enterprises (MSMEs). I have a business account with them …
Influencing: No school will teach one about being an influencer but is a career that is creating so many jobs around the country. Youngsters and old alike are making millions …
Bank of Kigali Plc has launched the first of its kind SME Centre in Rwanda’s banking industry targeting small and medium-sized enterprises in need of growth and capital expansion. The …
They say education is the key. In Kenya, despite it being the key, it is expensive and out of touch for millions of Kenyans. But did you know that there …
In honor of International Literacy Day, Binance, the world’s leading blockchain ecosystem, and cryptocurrency infrastructure provider, is celebrating the graduation of the first cohort of the Blockchain for Women Bootcamp …
Everyone would love to invest in something. Everyone would love to make money. But what happens when the same money you invest in something is the same money you get …
LEAP Africa, one of Africa’s foremost youth-focused leadership development organizations, and Dow are pleased to announce the third edition of its Pan- African ‘Youth Day of Service (YDoS)’ campaign, a …
The agricultural sector across sub-Saharan Africa is critical to local and regional economies as a developmental base for food security and employment. Within it, there remains an invisible force driving …
Steve Jobs said, “It makes no sense to hire smart people then tell them what to do. We hire smart people for them to tell us what to do.” A …
Adolescents must manage major physiological, psychological, education, and social role transitions concurrently. As adolescence progresses, teenagers begin to address the roles of impending adulthood and learn new skills and ways …
By Elizabeth Wasunna Last month, the world celebrated the 5th anniversary of Micro, Small, and Medium-sized Enterprises Day – MSME Day – with a focus on the need to raise …
There has been a gradual increase in the number of women seated at the table when comparing boardrooms from today with those from just before the century. Women have had …
In the ongoing efforts to increase financial inclusion in the country, Zamara Group CEO Sundeep Raichura has urged the sector players to take up the roles of financial inclusion, training, …
WorldRemit has released the results of a survey it conducted in July to understand the impact of the global rise in the cost of living on remittances sent back home …
There are things that we all love to have but sometimes financial constraints come our way. We end up giving up, sitting back, and watching others have them. With the …
The purpose of running a business is to make money. Right? Otherwise, you wouldn’t be in business. How would you make sure that your business gives you as much money …
It is hard to describe Damaris Mabeya. She is a lady on a mission and one with a will to always press on, from one obstacle to another no matter …
Always make those above you feel comfortably superior. In your desire to please or impress them, do not go too far in displaying your talents or you might accomplish the …
Brands, companies, and nations had already started to communicate with audiences in new ways pre-pandemic, with a focus on engaging with customers and stakeholders on an emotional, rather than transactional, …
The Co-operative Bank of Kenya has an amazing platform for Kenyan small businesses that sell their goods and services online. The platform is called Chapa Pay and it is one …
The world’s largest family-owned cruise liner, MSC Cruises and Royal Caribbean Cruises are recruiting Kenyan hospitality workers.
The Co-operative Bank of Kenya has various products that are tailored toward supporting MSMEs in Kenya. With starts indicating that at least 450,000 MSMEs shut down annually in Kenya mostly …
Africa’s youth are less optimistic about the future of their countries than they were two years ago – and they are even more pessimistic if they live in Kenya, Rwanda, …
Your small and medium enterprise (SME) is like a boat. In this case, you must have your team trained and rowing in the same direction without having anyone trying to …
People do not care about you. They only care about what you have to offer. The earlier to realize this the better. You will feed people, and offer your body …
Strathmore Business School, in partnership with Xetova, a technology company with a key focus on helping organizations utilize their data more effectively, has trained more than 106 executives in an …
Most challenges that SMEs and MSMEs face in Kenya are often what I call “textbook challenges.” These are challenges that everyone seems to know and always mentions from time to …
The Kenyan economy thrives on the wheels of SMEs and MSMEs. This is the backbone of the economy. The sector employs 86 percent of the population and contributes about 45.5 …
Motivational speakers are always saying that we all have 24 hours. That we should not have excuses for not making it in life but should wake up like everybody else …
Running a business or providing a service is becoming a challenge by the day, not just in Kenya but around the world. With Covid-19 re-emerging, countries going into war, and …
For years, Kenya has remained one of the most technology-advanced countries in Africa, which has had many christen it the Silicon Savannah. In recent years, most of Kenya’s technological innovation …
Entrepreneurs eyeing the fast-growing on-demand laundry market can now access financing of up to 1.5 million shillings to set up their first laundromat. This follows a new partnership between Consumer …
Developing a savings culture is not as easy as many people think. It is a complicated process that often needs the will to go on no matter what happens. Savings …
We all have a definite number of hours in a day and so what we do with them determines, to a significant degree, what we end up becoming. A lot …
In as much as financial freedom means different things to different people, one thing is clear we all want to have the opportunity to live life on our terms. As …
“I reached a point where I felt I couldn’t take instructions anymore, I wanted to always do things my way, I needed that freedom to decide what must be done; …
Being poor in Kenya is equivalent to being a criminal. The poor are treated worse than animals. Whatever you do in this country, don’t be poor. Kenyan prisons are full …
Iconic fashionista and designer brand, Carole Kinoti Brands, has partnered with Strathmore University Business School to offer the Mavazi Executive Programme. The program will bring together the various stakeholders in …
Never should you ever walk around with cash when going to buy a car. If the car seller asks you the mode of payment, mention bank transfer and never cash.
Let those above you feel superior. In your desire to please or impress them, don’t go too far in displaying your talents or you might accomplish the opposite—inspire fear and …
By Joshua Oigara Creating an environment that will see the empowerment of women and youth in Kenya and across East Africa, is essential to move our economy from an agricultural …
They say that you should never quit your job without having a plan B. But what happens when you really must leave with or without a plan B? There are …
They say that time is like a dry leaf from a tree. Once it falls off, you cannot be able to take it back. The same applies to entrepreneurs. In …
By Joshua Oigara The COVID-19 pandemic has largely been framed as a public health crisis, over one and a half years since it hit Kenya. However, its economic impact has …
Microsoft has announced new initiatives to accelerate the growth of 10,000 African start-ups and fast-track investment in Africa’s start-up ecosystem over the next five years. Microsoft’s recently launched global Founders …
Less than a month in the skill-based competition dubbed Total Quartz Golden Spanner Competition, 24 mechanics were at Nairobi and Ngong Toyota service center for the 1st evaluation by the Toyota Academy …
It is not easy to start a business and sustain it in Kenya unless you have enough money to sustain yourself and your business until you are stable. This is …
The moment other people outside the company pick up the conversation and start to either talk about the brand or ask questions.
We grow by learning from others. You can never learn if you know everything. If you want to grow, accept to be teachable. Many human beings have failed to make …
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