United Bank for Africa (UBA) has signed an agreement with the Africa Continental Free Trade Area (AfCFTA) Secretariat to provide financing for up to US$6.0bn over the next 3 years …
Small and Medium-sized Enterprises (SMEs) are the lifeblood of Kenya’s economy, contributing significantly to employment, innovation, and economic growth over the years. SMEs in Kenya employ 86 percent of the …
In Kenya, where economic opportunities and financial stability are paramount concerns for the youth, investing wisely becomes crucial. While there are numerous investment options available, one avenue that stands out …
The Kenyan economy thrives on the wheels of Small and Medium Enterprises (SMEs). About 90 percent of businesses in Kenya are SMEs. They employ about 86 percent of the Kenyan …
Absa Bank Kenya has partnered with Visa, a global leader in digital payments, to introduce the Absa Mobi Tap solution, a market-first payment solution that allows small businesses to accept …
In Kenya’s bustling marketplace, small businesses are the backbone of the economy. They bring diversity, innovation, and unique offerings to the table. However, one common challenge they face is the …
Every year, on June 23rd, the world celebrates International Women in Engineering Day, recognizing women’s invaluable contributions to engineering. For a trade as old as humanity, today’s engineering industry still …
51 dependants of the Kenya Defence Forces service men and women aged 18-25 years have graduated from the first cohort of technical and vocational training in plumbing and electrical installation. …
Small businesses often face numerous challenges when securing financing for growth and operational needs. Traditional lending practices often demand extensive collateral and rigid criteria, making it difficult for small businesses …
You’re an entrepreneur, chasing your dreams with unyielding determination. Your days are filled with caffeine-fueled brainstorming sessions, late-night coding marathons, and an unwavering belief that your brilliant idea will change …
In a world where financial stability seems as elusive as a unicorn riding a rainbow, investing in a SACCO like Stima Sacco is like discovering a secret stash of gold …
Job Majuu has begun recruiting skilled Kenyan professionals to fill caregiver roles in the United Kingdom. Job Majuu is initially targeting to recruit up to 1,000 skilled Kenyans to work …
Traveling is an enriching experience that broadens our horizons, introduces us to diverse cultures, and creates lifelong memories. When planning your next adventure, it’s essential to choose a reliable airline …
There is no other option for securing your future financially than through savings. Kenya’s savings culture is still low compared to our neighbors in Uganda and Tanzania. We are at …
No boss wants you to have a side hustle. That is the truth. Any side hustle and the boss will see it as an open challenge, an open competition that …
Suzan is generally shy. She does not like cameras and all our efforts to convince her to take a picture with us were dismissed. She speaks less and loves the …
Absa Bank Kenya today signed a memorandum of understanding with the International Trade Centre (ITC) to host the ITC SheTrades Kenya Hub for another two years. The SheTrades Hub is …
The United Bank for Africa (UBA) Plc, celebrated this year’s Africa Day in commemoration of African unity with the fifth edition of the annual UBA Africa Conversations, where panelists agreed …
UBA Bank Kenya scooped two awards during this year’s Finnovex Awards. The Kenyan entrepreneurial lender scooped the Finnovator of the Year, as well as the award for Excellence in Product …
NGOs and Businesses are the most trusted institutions in Kenya, and teachers, NGO leaders, and business leaders are seen as a unifying force for a population increasingly grappling with personal …
In celebrating this year’s Africa Day, UBA Bank Kenya has once again fronted the value and role of women in growing the African economies, especially the small and medium enterprises …
Marriage is an investment. There are no two ways about it. It is an institution that two parties involved have to put in equal effort if they want to work. …
A lady was working in Saudi Arabia. Her name is Jane Waithera. She was working under a horrible boss. We all know the sad stories coming out of Saudi Arabia. …
Mars Wrigley says it plans to expand its innovative distribution model targeting the low-income consumer market in the region. The model, also known as the Maua program, has been running …
My first salary in Nairobi was 40,000 shillings. I was lucky because many people who start in Nairobi start with a salary of 20,000 shillings or sometimes lower. As young, …
You may be talented. You may have great skills. You may have great platforms that every client dreams to capitalize on, but difficult to work with. Many people are difficult …
“Money, if it does not bring you happiness, will at least help you be miserable in comfort.” – Helen Gurley Brown “The lack of money is the root of all …
More than 1300 women-owned small businesses have benefited from the SHE Star Program after undergoing blended finance and business development services capacity building aimed at increasing the growth and competitiveness …
Stats from the Kenya National Bureau of Statistics (KNBS) showed that at least 450,000 small businesses close down in Kenya annually. This broken further means 30,000 are shutting down monthly …
Safaricom launched an interesting product known as Fuliza ya Biashara. This is an overdraft for businesses ranging from 1,000 to 400,000 shillings via their mobile phones with no paperwork required, …
Some choose to just call it Kisumu. The Patriots call it Kisumu City. The sons and daughters of the land call it Kisumu Dala. And those who love big life …
Money plays a central role in most aspects of life, and many of us are constantly preoccupied with the pursuit of financial security, particularly given the prevalent “Money culture” in …
If you are always the smartest in the room, then you better watch your steps because chances are that you are not learning anything. There are people who know anything …
Law number one; your employees are everything in your business. They are your first customers. Treat them well, and they will treat your business well. Treat them like trash, and …
Marriages have made many successful. Marriages have also made many poor. Marriages have made prisoners. Marriages have also made many realize their potential in life. They say marriage is like …
Many famous investment quotes offer wisdom and insight into the world of investing. Here are some of the best investment quotes that are often cited by experts: “Rule No. 1: …
Kenya’s capital Nairobi is home to thousands of small and large businesses. It’s a city of two tales where you will find the region’s most profitable businesses as well as …
The moment you stop giving a fuck about what other people think, seeking approval, and caring too much, your life becomes simple and clear, with much less stress. I hope …
It is more profitable to put your cash in a Sacco than in a bank savings account.
The deadline for the application for the Tony Elumelu Foundation business grant of up to USD 5000 will be on March 31, 2023. This means that as an entrepreneur, you …
Starting a business is an exciting venture that can bring a lot of rewards, but it can also be a daunting task. Before jumping into entrepreneurship, there are several things …
Many young people in Kenya pursue degrees in various fields only to end up joining the list of unemployed graduates. This is because many pursue careers that are not marketable. …
Pochi La Biashara is a product by Safaricom that allows business owners such as food vendors, small kiosk owners, boda-boda operators, and second-hand clothes dealers, among others. to receive and …
Stanbic Bank and Foundation in partnership with the German Development Cooperation are implementing the MSME resilience program. The Program, which was launched in 2022, is aimed at accelerating business recovery …
Kenyan public relations and digital consultancy firm AM Communications has partnered with South Africa-based Alfa Destiny Communications in a deal targeting the fast-growing African market for specialized corporate communication and …
Building a business, especially if you are in Kenya, is a difficult task. There are so many obstacles that will come your way and only those who endure make it. …
Every Kenyan has probably heard of Arimi’s Petroleum Jelly. Initially, it was referred to as milking jelly. In the village, those days when growing up, it was known as ng’ombe. This is …
During the annual DIAR annual Awards that recognize organizations, institutions, and individuals who have excelled in mainstreaming and championing Diversity and Inclusivity, Stanbic Kenya won in the Best Impact Investing …
Those interested in Hustler Fund Biashara Loan will first have to register as individual members of the Hustler Fund.
One, forget about work-life balance. Focus on what matters and what adds value to you. Two, work smart and hard. But do not overwork to impress those who don’t care. …
People will tell you that a car hire business has some good money. Yes, it has. But that business is not meant for anyone. Only a few who knows the …
The government has expanded Hustler Fund with a new product called Biashara Loan. The product is aimed at helping small and medium enterprises in the country to run their businesses. …
UBA Kenya Bank Limited and The State Department of Devolution launched a partnership that will enable SMEs and Start-ups at the County level to access grants through The Tony Elumelu …
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 …
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