The people you surround yourself with play a huge role in determining your financial success.
Latest in Entrepreneurship
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A “money date” is a day and time that you and your partner set a side, to sit and have a talk about money.
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The Jumbo Junior Account is a transactional account designed for children below the age of 18 years for the safekeeping of money.
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Life is all about choices. One chooses to be in debt and one can choose not to be in debt. Before committing to a debt, ask yourself these questions; do …
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Running a business is not a walk in the park. It needs committment and the will to always move on no matter what.
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The MSME Current Account comes with packages that suit your business needs. It outlines the solutions that all businesses need in their growth life-cycle.
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Formal average annual wages per person paid by private manufacturers in Kenya also grew from 370,925 shillings in 2015 to 529,968 shillings in 2019.
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60 of those in gigs said that fluctuation in income from week to week is a cause for frustration.
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‘A penny saved is a penny earned.’ ‘Save me today I will save you tomorrow.’ We’ve all at one point heard sayings of this nature highlighting the importance of saving …
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Many think registering a company in Kenya is only for the rich. This is not the case.
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Did you know that at least 1,000 SMEs close shop in Kenya daily? Did you know that 80 percent of SMEs who shut down do so in the first 6 …
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The Covid-19 pandemic got so many people unaware. Businesses shut down and many people lost their jobs. But there are so many lessons that investors and entrepreneurs got from this …
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Ten companies from across Africa are embarking on a scale-up project which offers a unique opportunity for mature, highly scaled digital ventures to further their expansion plans through an initiative …
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The Covid-19 pandemic changed the world in ways that altered behavior and one that will linger around for a long even after the pandemic subsides. The vaccines are being rolled …
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When Covid-19 first hit Kenya, every sector felt the shock. It was an event in history that was not anticipated and many were caught unprepared. Most businesses in the country …
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Saveer Singh Vohra, a Director at Kenya’s first indigenous hospitality group Sarova Hotels, has been named among the top 40 under 40 Men in Kenya by the Business Daily. The …
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By Muthoni K Entrepreneurship is like a long and treacherous journey. There are ups and downs. Sometimes one wins, and sometimes one loses. The secret lies in always pushing, having …
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National carrier Kenya Airways (KQ) and @iBizAfrica Strathmore University partner for KQ’s Fahari Innovation Challenge to create opportunities for youth and use tech innovations to resolve specific problems that affect …
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Kenya has amazing talents. Each day, both young and old Kenyans try to come up with something new and innovative to better their lives. Some have gone as far as …
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The US$100,00 global competition, held in conjunction with the UN Food Systems Summit, showcases innovative solutions in improving access to healthy, sustainable food. Tuesday, July 27, ROME – Thirteen small- …
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Kelvin Thairuhas been crowned the winner of the World Class Global Competition, Kenyan chapter. Mr. Thairu emerged victorious after flooring 20 other contestants. The winner will be among the 55 …
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EntrepreneurshipInvestment
Gulf African Bank in Shariah financing partnership deal with Toyota Kenya of up to 95%
Gulf African Bank and Toyota Kenya have entered into a partnership that will enable the bank’s customers to purchase Hino trucks and buses, and Hilux single and double cab pick-ups …
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The popularity of podcasts has been growing steadily in Africa for the past decade. CNN’s Inside Africa hears from people who are helping to shape discussions across the continent and are creating …
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A Toyota smart car concept that ensures children go to school smart by plaiting, giving haircuts, and new school uniforms have seen fifteen-year-old Alex Mong’are from the Mukuru Art Collective …
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Since the onset of COVID-19, existing inequalities have been further exacerbated, as already vulnerable and marginalized groups are faced with additional challenges and even further reductions in their access to …
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BURN Manufacturing, the makers of Jikokoa are set to cut the price of their medium-sized Jikokoa by 1,200 shillings from March, making it one of the most affordable on the …
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Family Bank has expanded its branch network to 92 across 37 counties with the opening of a new branch in Eastleigh, bringing its services closer to one of the country’s fastest-growing business …
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Throughout 2020 and the myriad of challenges brought about by the COVID-19 pandemic, supporting and working with young agribusiness entrepreneurs has been particularly pertinent. According to the Kenya Agribusiness Strategy …
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Participants at the “Investment Opportunities in Africa and Understanding Africa Continental Free Trade Agreement” virtual symposium said that traditional bank products limit the potential for small businesses to reap the …
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Family Bank is one of the Kenyan lenders that has redefined mobile banking in Kenya. At a time Kenyans are increasingly embracing the use of the cashless mode of transaction, …
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Credit Bank has been named best Tier 3 Bank, 2020, according to a new customer survey. The Customer Satisfaction Survey, conducted by the Kenya Bankers Association during the pandemic, gauged …
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Online logistics platform, Sendy, and Crediation, a fintech firm based in Nairobi have entered into a financing agreement that will enable riders on the platform to acquire Yamaha motorcycles from …
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In 2014, BURN launched its full first-of-its-kind manufacturing facility in Kenya, where it still remains the only vertically integrated modern cookstove company in Sub-Saharan Africa. The solar-powered facility currently has a …
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Mental health is becoming a serious issue that Kenyans need to sit down and address. It is no longer business as usual given the way many youth and families are …
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The capacity for innovation among Kenyans is at an all-time high. While there are many challenges facing innovators and creators, there are those who still rise above and find profitability …
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A lot of young people choose careers in the aviation industry blindly and are mostly limited to Pilot or Cabin Crew. This happens a lot because of the little knowledge …
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EntrepreneurshipLifestyle
2021 Ashden Awards On Tackling Global Climate Challenges Open For Submissions
Entries for the 2021 Ashden Awards have opened – with international categories promoting innovation in energy access, natural climate solutions, and sustainable cooling for low-income neighborhoods. The prestigious annual awards highlight outstanding climate innovations, boosting bright ideas that can be …
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Jungle Cup® is the world’s first plastic-free disposable coffee cup that biodegrades in 12 weeks without industrial processing, introduced by BrandBase, a Dutch company. “Jungle Cup® is a perfect solution …
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CNN International Commercial (CNNIC) and African Export-Import Bank (Afreximbank) are collaborating on a new long-term initiative to showcase, empower and tell the stories of emerging and expanding businesses – known …
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Del Monte Kenya Limited (DMKL) recently presented 21 employees with long service awards in recognition of their commitment, loyalty, exceptional service, an invaluable contribution to the growth of Kenya’s most …
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Amidst calls for social distancing and avoiding the use of cash owing to curb the spread of Covid-19, the Government has moved to charge Kenyans for opting for safer online …
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TechnoServe is set to host the 4th Virtual Micro Retail Stakeholder Forum to cement the significance of Micro and Small Businesses in the emerging economies in Sub-Saharan Africa. In partnership …
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The unrelenting ravage of the Covid-19 pandemic in the country is causing untold suffering to various sectors of the economy. The construction industry has not been left behind as many …
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EntrepreneurshipInvestment
TechnoServe To Host Micro-retail Stakeholders’ Forum On Digital Solutions In Africa
TechnoServe, in partnership with the Aspen Network of Development Entrepreneurs (ANDE), is hosting its 4th Virtual Micro Retail Stakeholder Forum on 9th December with the theme Adopting Digital Solutions to Overcome Key Micro-Retail …
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BAT Kenya has received the 2020 CIO100 Green Edge Award recognizing it as the top company in technology-driven sustainable manufacturing in East Africa. The award comes hot on the heels …
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With schools closed in response to the COVID-19 pandemic, over 800 students and their parents from 22 primary schools across the country have benefited from Nutrition, Water, Sanitation, and Hygiene …
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According to the stats released by the Kenya National Bureau of Statistics (KNBS) in September, Kenya’s unemployment rate grew two times between the month of April and that of June …
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BCW Africa, Brand Leadership, Kantar, and Geopoll announced the launch of the Buy Africa Build Africa initiative to encourages local brands to adopt the approval for ‘made in Africa’ brands …
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EntrepreneurshipMarket Watch
CNN And Hyundai In Partnership To Explore Innovations In Transport And Mobility
CNN International Commercial (CNNIC) and Hyundai Motor Company (Hyundai) are partnering on a cross-platform campaign that explores how innovation will change the way we will live in the future. In …
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In an interview with CNN’s Richard Quest, the CEO of Safaricom PLC, Peter Ndegwa, outlined how he expects M-Pesa to develop in the wake of the coronavirus pandemic. Speaking on Quest Means Business, …
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Kenya’s largest job and career website BrighterMonday has introduced the Employers Handbook meant to potential employers to make the right decisions during the hiring process even as Covid-19 continues to …
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No brand exists in a vacuum. Every brand is because of the people. Every brand lives and survives because of customers. Without customers, there is no brand. That is the …
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Toyota Kenya and Co-operative Bank have entered into a strategic financing partnership that will enable the bank’s customers to purchase commercial and personal vehicles under Toyota Kenya’s portfolio, including Toyota, …
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Shelter Afrique has signed a Memorandum of Understanding (MOU) with two Chinese construction firms, Amberton International Holdings, and Sichuan Huashi Enterprise Corporations E.A. LTD. The MOU is aimed at scaling …
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Kenya imports about 80 percent of honey despite there being a huge potential for the country to satisfy the market with the production of quality honey. The demand for honey …
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Family Bank has entered into a partnership with Performeter Agribusiness Limited in a deal that will see 100,000 farmers in dairy cooperatives access to credit to finance fodder production. Through …
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The Kenya Bankers Association (KBA) is set to convene the Africa Regional e-Conference for Leading Women in Banking and Finance from 15th to 16th October 2020. The virtual summit will …
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Entrepreneurship
WAKILISHA Adopts Humanistic Approach to Content Creation for Covid-19 Public Awareness
Wakilisha Creative Enterprise (“WAKILISHA”) announced today the beginning of their adoption of a Humanistic approach to creative content aimed at raising public awareness of Covid-19, a novel virus that was …
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Covid-19 has messed up everything. Businesses have shut down. People have lost their jobs. There is just hopelessness all over the country. It is already July. Half of 2020 has …
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Darling, Africa’s leading hair extensions manufacturer, has launched the “#SalonTukoSet” program aimed at supporting Kenya’s 25 billion-shillings hair industry meet the newly published guidelines for business operations. Last month the …
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Huawei Kenya and its partners organized an online job fair as they seek to hire more than 40 professional ICT workers. Despite the difficult economic environment, Huawei continues to invest …
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Covid-19 has changed the business environment. It is no longer business as usual. Millions of businesses have shut down and millions of people have lost their jobs. People are calling …
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CNN’s International Security Editor Nick Paton Walsh reports from Rio de Janeiro as the coronavirus spreads through the favelas, with Brazil now the country with the second-highest number of coronavirus infections behind …
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Livestock farmers in Kenya can now access essential extension services from their mobile phones following the unveiling of the ‘Last Mile’ app. The “LastMile” initiative is an integrated, solutions-driven program …
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Everybody is thinking of how to financially beat Covid-19. Things are getting tough with each passing day. Businesses have shut down and family savings are running out. The SME sector …
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Demand for bitcoin is really surging across Africa regardless of the economic crisis. So far it appears that South Africa, Kenya, Nigeria, and Ghana are home to growing populations of …
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Covid-19 has affected businesses around the world. Millions of businesses have shut down. People have lost jobs and the future looks gloomy. Is there any light at the end of …
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Workplaces carry so many secrets. They are potential crime scenes. Workplaces are some of the perfect places where people scheme the downfall of others. Workplaces carry witches, sorcerers, murderers, and …
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Students from Makerere University in Uganda have produced their first set of electric buses, putting Uganda on the global map in terms of innovations. The first set has already been …
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Global trade has, with no doubt, taken a major blow in the wake of the COVID-19 (Coronavirus) pandemic. The rates of imports and exports have tremendously dropped in every State …
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Almost 90 percent of African small businesses fear they may not survive the Covid-19 crisis, and need access to practical tools and support to prevent financial loss, according to a …
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Are Kenyan women aware of the ever-spreading cybercrime activities around the world and the dangers posed to society? Are women aware of the critical role they can play in combating …
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The month of March is known as the “month of women.” The month is dedicated to celebrating and appreciating women in society. On the 8th of March, the whole world …
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During the week, I had a sitdown with one Ms. Maureen Ngina who is 23 but already a proud owner of a property with Premier Realty Limited. Meeting her for …
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MultiChoice Talent Factory and Kenya Film Commission (KFC) has trained over 200 filmmakers in sound over two-days at a training facilitated by DOLBY Laboratories Inc. Dolby creates audio, visual, voice …
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Social media best practices for financial advisors is a key prospecting tool in the financial services industry. This is because almost everyone is on these social platforms. Whether catching up …
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2020 is here with us. How will the year look like in terms of the Small Medium Enterprises (SME)? Banks will start lending to the SME but will still be …
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1,000 SMEs close down daily in Kenya. 30,000 SMEs close down monthly in Kenya. 450,000 SMEs close down annually in Kenya. At least 1,000 businesses are set up in Kenya …
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Most brands often seek the help of PR agencies to manage their communications in protecting, amplifying, and enhancing the face of the brand. There are many challenges that brands face …
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The unemployment rate among the youth in Kenya is at an alarming level. Stats show that the unemployment rate stands at 43.5 percent according to an official from the National …
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Entrepreneurship
Murang’a Hero Who Constructed 1.5 Kilometers of Road Using Hoe and Ramrod Feted By ABC Bank
Not all heroes wear capes and certainly, Nicholas Muchami, a 45-year old man from Kaganda village, Kiharu, Murang’a County is one of them. The tall, lean, ashy-haired man of few …
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Dear Entrepreneur, if you only run with the wolves you will only learn how to howl but if you learn how to scale fly with the eagles, you will learn …
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What is emotional intelligence?
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Trust is like a glass. Once broken, it is hard to put the pieces together and even if the pieces are put together, cracks will still show. In any given …
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Business incubators from several sectors of the economy in East Africa gathered at Utu House, Kabete during the week for the Incubator Growth to Excellence Programme, an event aimed at …
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The day kicked off like any other day, yet in the end, proved different among them all by presenting hope for both the present and the future for thousands of …
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For 10 consecutive years, Kenya has been voted as the leading nation in financial inclusion and as a leading African country in financial innovation. The Mastercard Foundation, for instance, recognizes …
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Entrepreneurship
Meet Ruth Yole , Fashion Designer, Photography Expert and Everything Art and Design
When Ruth Yole walked into our offices, very few people turned to look at her because to them, she was just like any other visitor. She walked in calculated steps …
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If you treat your employees like people who don’t matter, like people who are only if your company earns a living and that you are doing them a favor, they …
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A business is as successful as the people who work for you. If you have a mediocre team, you will have mediocre results. With the current economic situation in Kenya, …
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Someone once said that a good idea can always survive anywhere at any time provided the bearer of the idea is focused to see it materialize. An idea is like …
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Trust is the invisible currency that every business needs. Without trust, there is no business. In fact, customers don’t buy products or services, they buy trust. Trust in business is …
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Kenyan Millenials are the most misunderstood group of people in Kenya and beyond. Millennials are millionaires of ideas. In most cases, these ideas go unutilized. Many institutions, especially financial institutions, …
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Here are ten key steps to financial security as outlined by Cytonn Investments Limited every entrepreneur should know: Invest before you spend: Your monthly consumption should be equal to your …
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More than 100 entrepreneurs have graduated from the entrepreneurial school of Sinapis in a colorful ceremony that is ongoing at Panari Hotel in Nairobi. Sinapis, whose mission is to empower …
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The Founder and CEO of Alibaba, Jack Ma was in Kenya where he delivered a keynote speech to entrepreneurs in Kenya and Africa. As the Chinese investor spoke, many lessons …
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I was talking to a friend of mine who quit his job to start his own small-medium enterprise and from what the lady told me, I learned that sometimes, in …