Ken on 03rd Sep

This past Sunday, Citizen TV’s Sunday Live segment, Who Owns Kenya, featured Equity Bank CEO James Mwangi.The 2012 Ernest and Young Entrepreneur of the Year, was not born in a wealthy family, and in fact had to sell charcoal by the road side to make ends meet.He attended secondary school courtesy of a government scholarship.He briefly worked...

Ken on 03rd Sep

(Reuters) – Microsoft Corp said it will buy Nokia Oyj’s phone business and license its patents for 5.44 billion euros ($7.2 billion), making its boldest foray yet into mobile devices and bringing executive Stephen Elop back into the fold. Nokia chief Elop, a former Microsoft executive, will return as Microsoft’s board ponders a successor...

Ken on 28th Aug

I have made a very fervent resolution to change my Financial fortunes this year! I bet you have too. Below are 12 proven avenues for striking it not just Rich, but Super Rich in 2013! Pick one, and let it be your way to the top. 1. Conceptualize a Bourgeoisie EventThe steady rise of the Middle class in Kenya means we have more and more people willing...

Ken on 28th Aug

Leading journalists Larry Madowo (NTV), Edith Kimani (KTN), Wallace Kantai (NTV) and Carol Odera (DRUM Editor), on Monday each received top of the range cars to test drive for a few days.RMA motors Kenya, the Jaguar – Land Rover franchise holder in Kenya is seeking to promote the vehicles, and the journalist probably provided the best platform. The...

Ken on 26th Aug

17 year old first son, Muhoho Kenyatta, on Saturday showcased his designs at the inaugural Kenya Fashion Week.Mo, as he’s referred to by friends, is the head of production at Nomadic Kenya, a fashion line he formed together with friends from Peponi School. The other co-founders are: Wasim Manji, 16 – head of accounts, Rudra Khanna, 17 –...

Ken on 23rd Aug

US memory card maker SanDisk, has announced plans to set up an assembly line in Kenya, as it seeks to enter the East African market.SanDisk says it will be using Mitsumi, Despec and Techmart in Kenya to start selling its products as it plans to set base in the region. The company sees an immense potential in the region, hence their decision to set...

Ken on 20th Aug

[Photo||Mutua Matheka] A new report by an Oxford-based wealth consultancy firm, New World Wealth, shows that Nairobi is one of Africa’s cities with the highest number of dollar millionaires. The survey shows that Nairobi was home to 5,000 people with a net worth of over Sh87 million. Cities ahead of Kenya’s capital are:  Johannesburg...

Ken on 15th Aug

Kentucky Fried Chicken outlets in Nairobi have started selling Ugali. Of course they come with a fancy name… Ugali Nuggets. For only 400 shillings, you get two pieces of chicken, spicy gravy and 7 ugali nuggets (Ugali balls covered in some breading).. Fast food outlets are not associated with Ugali, and KFC’s move is therefore news making....

Ken on 14th Aug

Chelsea fans in Kenya can now benefit from a club-branded credit card after we today (Tuesday) announced a new five-year partnership with afb, a consumer finance business based in Africa.The initiative follows similar deals we have created for supporters in Indonesia, Vietnam and Japan, and offers our Kenyan supporters the opportunity to enter...

Ken on 14th Aug

By How we made it in Africa.Pete Muraya, CEO, Suraya Property Group (Kenya)1. What was your first job?I was hired as a clerk after high school. I earned US$10 a month. My job was to help people register for national identity cards (IDs). That was 1979 and it was the first time people were being issued with ID cards in Kenya. I actually enjoyed...