Ken on 21st Nov

Uhuru Kenyatta has not been included in this year’s Forbes 40 Richest Africans list. The deputy prime minister was last year listed at number 26 on the list, with a net worth of $ 500 million, with land given as the main source of the wealth. This was the description Forbes gave then. Kenya’s Deputy Prime Minister Uhuru Kenyatta is...

Ken on 21st Nov

SK Macharia has been named by Forbes magazine one of the African millionaires to watch in 2013. The media mogul has been listed alongside 9 other African millionaires who may move markets in the coming year.  Last year, Forbes listed 10 Africans to watch, 3 of whom ended up in this year’s list of 40 richest Africans. Among them is Kenyan industrialist...

Ken on 29th Oct

Equity Bank CEO, James Mwangi is on the verge of being named Forbes Africa Person of the Year (2012). Forbes have been conducting an online voting, to determine who the winner will be. Though the online vote does not guarantee any of the candidates the title, it helps improve the chances. Whoever among the five nominees takes it is guaranteed 25%...

Ken on 28th Oct

Kenya is home to East Africa’s top business leaders who control a huge chunk of the region’s economy. They form the inner circle of economic strategy formulation in Kenya and are the drivers of the private sector. In terms of personal wealth, they are some of the wealthiest individuals not only in Kenya but also in Africa. Kenya’s political...

Ken on 01st Oct

Bad News For Nairobi As Aljazeera Walks Out Reports by Business Week Magazine indicate that Aljazeera has dropped plans to launch its Swahili news channel. For several months now, the media company had been reported to be in the process of setting up base in Nairobi for what would have seen the birth of Aljazeera Swahili. The Nairobi base would have...

Ken on 12th Sep

Uhuru Milele After weeks of speculation, Deputy Prime Minister Uhuru Kenyatta has finally acquired Milele FM. Uhuru had been reported severally to be eyeing the radio station through his company, MediaMax. He is reported to have acquired Milele FM together with another station, Mbaitu FM. The DPM through Mediamax now owns 4 radio stations: Kameme...

Ken on 28th Aug

So Much More Exploitation For a long time now, people have been suffering in the hands of the biggest Pay TV provider in Kenya, DSTV. Taking advantage of their exclusive rights to air English Premier League games, Multichoice has continued to charge very high fees. A few years back, it was thought that whatever DSTV was charging was the industry...

Ken on 28th Aug

So Much More Exploitation For a long time now, people have been suffering in the hands of the biggest Pay TV provider in Kenya, DSTV. Taking advantage of their exclusive rights to air English Premier League games, Multichoice has continued to charge very high fees. A few years back, it was thought that whatever DSTV was charging was the industry...

Ken on 13th Aug

Mathai supermarket, Ruiru branch chief cashier, Helen Nyokabi Nyakinyua was last week arraigned before a Thika court after she was charged for stealing Sh1.8 million from her employer.  Nyakinyua is alleged to have stolen the money on August 6th. The cash was a one week collection which she should have banked at the end of the week but failed to. The...

Ken on 20th Jul

“The service is in use by Safaricom employees on pilot basis” It will soon be easy for mobile phone users to recover their contacts should they lose their handsets. To make this a reality, Safaricom will introduce a new service, known as ‘Okoa Sim’ designed to ease the pain of losing contacts when handsets are lost or stolen by offering...