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Equity Bank Q1 net profit rises 20 per cent to Sh. 5.1 billion

Equity Bank has posted a 20 per cent increase in net profit for the first quarter of 2016. The bank’s profit after tax stood at 5.1 Billion  while it’s profit before tax was 7.3 billion. In the same...

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SAFARICOM REWARDS FIRST THREE WINNERS OF STAWISHA NA M-SHWARI PROMOTION

Benjamin Wafula from Chekata, Kakamega County, W. Wanyingi from Nairobi County and Evans Ochieng from Kitui County are the winners of the first, second and third weekly draws of Kshs. 1 Million in the...

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Why M-Pesa failed in South Africa

South Africa’s advanced banking sector and a lack of demand are key reasons for the local failure of Vodacom’s mobile money product M-Pesa, says an analyst. On Monday, Vodacom announced that it plans...

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9 automatic transmission gear box problems you should never ignore

The transmission in your vehicle is the part of the car that directs the power from your engine to the driveshaft which in turn helps to turn the wheels on your vehicle. An automatic transmission (also...

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Equity Bank: board members not allowed to trade with bank

Equity bank’s board members are not allowed to trade with the bank. This is according to Mary Wamae, the Equity Bank Group secretary. Speaking during the release of the bank’s quarter one results, Mrs....

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David Mutiso – The Architect who Designed KICC

When I dropped in the first call to request an interview with David, he was at the parking lot of Karen Country Club, just about to switch off his phone and head to the changing rooms. He politely...

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4 Tools That Make Your Small Business Look Big

Being a small company has its benefits: You’re agile, able to change directions at a moment’s notice. You’ve got autonomy, as your business is independent of a giant conglomerate. No, you’re not...

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Safaricom announces FY 2015/16 financial results

Safaricom has today announced its FY 2015/16 financial results posting a 19.6% increase in Net Income to Ksh s 38.1bn. Safaricom has maintained the leading position as Kenya’s most admired brand, with...

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Meet Mansa Musa, Emperor of Mali – the all time richest man

The richest human being in the history of the world was Mansa Musa I of Mali, who was worth a staggering $400 billion. Source: Atlantablackstar Mansa Musa was an emperor of the wealthy West African...

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Top 30 Low Cost Agriculture Business Ideas

What are the best agribusiness ideas for villages? What are the best agri-allied business opportunities for big towns and mega cities? What business can one start in the agriculture industry and...

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Kenya accounted for Eurobond, says IMF

Kenya accounted for the $2.8 billion (Sh280 billion) Eurobond money in the same manner that other countries do, the International Monetary Fund said on Tuesday. IMF first deputy managing director David...

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Nigeria fuel prices surge to 75 shillings as government lifts subsidy

For months, Nigerians have been waiting to pump fuel in kilometers-long lines while others are forced to buy fuel on the black market, sometimes paying triple the official price of 87 naira ($0.43) per...

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Equity Group reaps big from investment in digital channels

After Investing Ksh. 8 billion into Information Technologies for the last two years, the CEO of Equity Group Holdings Dr. James Mwangi can walk around with a swagger as his bank posts a 12% growth...

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Bernard Njoroge: the man who brought back Tree Top

In 2014 Bernard Njoroge quit his US$10,000-a-month job to reintroduce into the Kenyan market a juice brand, called Tree Top, that had been off the shelves for nearly two decades. Njoroge had spent 17...

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Pitso Maleka – South Africa’s commercial grave digger

Pitso Maleka has identified a unique business idea and is making a huge profit from his ingenuity When he started his business over a decade ago, Soweto-born entrepreneur Pitso Maleka says people found...

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7 simple steps to grow a small business

Who wants to grow their business? I suspect the majority of business owners reading this will answer with a resounding “yes!” Growth is central to our own business proposition, and we live and breathe...

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4 reasons to choose the new Peugeot 508 saloon

DISTINCTIVE DESIGN The New Peugeot 508 Saloon offers a more assertive style, making it more contemporary too. The exterior design has a more structured feel, with a new vertically oriented front grille...

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Court throws out artistes case seeking equitable pay

Artistes have lost their bid to have a section of the law that touches on their right to equitable remuneration declared as unconstitutional. According to the artistes, Section 30A of the Copyright law...

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KQ chief operating officer resigns

Kenya Airways chief operating officer has tendered his resignation. Yves Guibert, who is KQ’s chief operating officer (COO), gave the notice of intention to leave within the next two months, adding to...

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Please avoid these chicken farming mistakes I made if you want to succeed

Neema Mugambi runs her poultry farm, Villa Kuku, at Thome estate, in Nairobi. She keeps the birds in a 15m by 40m run in her compound and raises chicks in her house, where the incubator is. She has...

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