Businessmen in Moi Avenue’s  Assanand building yesterday lost property of unknown value when a blast brought down the premises in which they operate. The Monday 1315hrs incident left more than 30 people hospitalized with at least four of those in serious condition. The building, which was a host to many…

In the last few years, the business of bottling water seemed to have become so lucrative that it attracted so many entrepreneurs to invest in or start up company. The springing up of many bottlers witnessed unscrupulous businessmen who were conning the public by bottling water without inspection. The Kenya Revenue…

Kenyans will have to brace themselves for higher power bills in the coming months despite the hydro-electricity generating dams filling to capacity. This is because the Ministry of Energy has extended the contract of alternative power generating company Aggreko Kenya which was expiring at the end of…

When you are a businessman or an individual who has grown up or lived in a certain community, there is a certain obligation to that community that never goes away. In Kenya for instance, when you are a member of a church, local development group or parent in a public…

Micro Finance Institution Faulu Kenya has designed a new loan product that will be charging a low interest rate of 1.5%. This loan is designed for Civil servants and employees of Teachers Service Commission. To access the loans, one would have to produce original copies of identification documents and certified…

Capital Markets Authority has warned that it will be blacklisting fraudsters soon. The capital markets regulator has expressed concerns over fraudulent instances that have been seen in several organizations in the country. Capital Markets Authority chief executive Stella Kilonzo says fraudsters have been running down established and growing companies, a thing she…

After launching the Samsung Galaxy Pocket this week,  Samsung Electronics East Africa has an exciting offer running today from 11 a.m in selected stores across the country. Buyers will get a brand new Samsung Galaxy Pocket phone on purchasing one. So go ahead and spread the word, BUY 1 Samsung…

There is a growing fear that the over 1 million litres of alleged contaminated fuel could find its way into the market. Kenya Pipeline Company has not yet established what tainted the fuel which was already in its distribution facility. The importer of the fuel Gulf African Petroleum (GAPCO), has…

Budgeting is a pivotal item in managing personal finances, which many people have either succeeded in or failed at terribly. A properly prepared budget could lead to properly informed purchases and expenditure which in most cases builds the base block for saving to take place. In Kenya, transport is an…

Accessing loans in the country for small businesses, personal use or for paying school fees is a major problem for many people. Putting in mind the high interest rates that banks and micro finance institutions charge, loans are almost unaffordable. Kiva is a non-profit organization founded in…