Singer Wahu recently opened a salon at the ground floor of Krishna Centre in Westlands, Nairobi. Afro Siri is it’s name, and it has been one busy place. In late December last year, she was contracted by Safaricom to provide hair and beauty services to all singers at the Niko na Safaricom Concert held at the Impala Grounds. Here are pics of the...
It’s a good time to be an investor in the Nairobi Stock Exchange (NSE). Over the past few months, East Africa’s dominant bourse has enjoyed a decent run. The 20-share index closed the week at 4.056 index and is showing considerable momentum even as Kenyans warm up for the upcoming Elections. Kenyan equities have hit record levels and stayed...
Kenya richest man according to Forbes, Naushad Merali, has appointed his son Sameer Merali to the board of tyre manufacturing firm Sameer Africa, in what has been interpreted as a possible succession at the family controlled company. The younger Merali, from whom the company gets its name, has been appointed to replace the late Tom Owuor who passed...
Sunday Live presenter, Julie Gichuru largely influences the fashion direction Kenyan ladies take, especially the middle class. Every Sunday, thousands watch Citizen news, not because of the news, but just to see what Julie is wearing. She gets tens of compliments and dressing suggestions on her social media accounts after every Sunday Live appearance. Together...
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...
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...
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%...
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...
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...
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...
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...
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...
“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...
Typically, women in Africa have been seen as homemakers or agriculturalists, yet a new breed of empowered women across the continent have managed to forage a way in business, whether through family connections, governmental patronage or sheer entrepreneurship. Below, Tom Jackson profiles the ten richest females on the continent. Mama Ngina Kenyatta The...
Image by The Jackal News Capital fm’s transmission capability was last night put to the test after their transmission studio collapsed, Jackal News is reporting. It is said that engineers worked overtime to set up the Outside Broadcasting van, located outside International Life House and it is the one currently being used. Capital...
Safaricom Plans on Doing Away With Scratch Cards. On Madaraka day, Safaricom subscribers received a pleasant surprise when they were awarded 50% bonus airtime above what they topped up. It may have come out as just another promotional service by Safaricom meant to build customer loyalty and to push up sales but it is emerging that there was more...
The following is pictorial evidence as to how thieves are draining money from your account without shedding any blood and surprisingly with your cooperation. Please read through the article and spread the word. Image sourced from Fina Bank What he is doing is placing a trap in the ATM machine to “capture” the next user’s card: Altering...
Lets Do Business. NTV business news journalist Larry Madowo is finally leaving the station. There had been many false alarms previously that Larry was leaving the media house for the monied CCTV. Many reporters were snapped by the Chinese entrant and are said to be earning well above what they previously were. Larry Madowo has been very instrumental...
Still wondering why Los Blancos Is the richest club. If you’ve been wondering why Real Madrid has been named the richest club in the world year after year, this is why. In 2015, the Spanish La Liga leaders will open an amazing man made island resort in the United Arab Emirates. The mega project, called Real Madrid Resort Island will host...
The Thai billionaire responsible for the globally popular energy drink Red Bull has died at the age of 89. Chaleo Yoovidhya founded T.C. Pharmaceuticals 30 years ago and the production of Red Bull started. In 1984, Chaleo partnered with an Austrian company and since then, Red Bull has become a global phenomenon. Chaleo was ranked 205th on the Forbes...