October will go down as one of the toughest months, financially, for most Kenyans, though those to be hit the hardest are Mombasa residents. Coupled with rise in fuel prices and electricity bills, Mombasa residents will also start paying higher water bills after Mombasa Water Supply and Sanitation…

NIC Bank was named the overall winner of the 11th edition of the Financial Reporting (FIRe) Awards at a ceremony held at Safari Park Hotel on Friday.

Winners of the All Africa Business Leaders Awards (AABLA) 2012 have been officially announced with Kenya rising up to claim 4 out of 7 honours. According to a press release from CNBC Africa, the ceremony took place on the 25th of October, 2012 at the Vodadome in…

Ever since the Nairobi Securities Exchange crossed the 4000 mark, the bourse has been on a sharp upward spiral that saw it close at 4132.91 points for the 20-share index and 91.18 points for the All-share index. Last Friday: The day saw the Standard Chartered Rights issue come to…

The moment you get your KRA Personal Identification Number (PIN), the taxman firmly has you. Everyone thinks a Personal Identification Number (PIN) is the taxpayers’ identification for Income Tax purposes. But if you thought your PIN has no other business apart from just being a PIN, you have another thing coming...

A new service, dubbed Mdundo, allowing users to download local music using scratch cards, has been launched. Mdundo scratch cards cost KES 100, each containing a unique PIN which allows users to download 5 tracks straight to their phone. The procedure is simple: Get a scratch…

We are all created different but what is inevitably evident is that none of us as human beings has a talent that applies to everything under the sun. We have our strengths and weaknesses and in order to succeed at whatever task we undertake, it is best to know what these are. In this particular instance, it helps to know strengths and weaknesses so that you can get someone to work for you in an area where you have a weakness, while you cover the business needs that are better suited to your strengths.

The Treasury has set in motion plans to enact a law that will see defaulters of utility bills such as water, electricity and telephone blacklisted by banks. Says The Business Daily. The new regulations will be part of the credit information sharing law that has been used to bar…

A business, any running business is a fragile thing. Anyone who knows anything can tell you that the devil truly always is in the details. A business, no matter how sturdy it may seem, can fall like a stack of badly arranged cards if some of the fundamental…

1. Africa Could Earn KES 17 Trillion from Global Food Sales – World Bank Africa has the potential to generate an extra US$20 billion(about Sh1.7 trillion) in yearly earnings from food trade if proper infrastructure is put according to a new World Bank report. The…

October will probably go down as one of the toughest months this year. Fuel prices shot up accompanied by increase in electricity bills and possible rise in food prices. Worst still, the 27th and the 28th fall on a weekend, meaning, if salaries were processed on Friday evening,…

If you tried making an M-Pesa transaction over the past couples of hours, you probably received this message: Dear customer, M-PESA is currently undergoing maintenance and is unable to process your request. We apologies for the inconvenience. Through a message posted on Safaricom’s Facebook page, the outage on…

UK Sports had expected possible medal results of between 40 to 70 medals. On average they expected to win at least 48 medals and rank among the top four on the medal table. Based on their preparations they went as far as to project how many…