Entrepreneurial business owners have discovered a new finance product which has enabled them to make more cost effective capital investments. The benefit to their cash flow is having a deep ripple effect through their businesses. We talked to two businesses that represent a number of innovative managers who have cottoned on to the growing trend […]
Jubilee regime wizardry in ‘stealing’ turns Uchumi supermarkets into a popcorn investor magnet
Currently, Uchumi Supermarkets are Kenya’s largest popcorn suppliers after the Jubilee administration sucked everything and brought it to its knees. At the moment, the only product dominating at Uchumi Stores countrywide is popcorn. In fact, all shelves are loaded with popcorn. What a shame. Since Uhuru took over power in 2013, his regime has messed […]
Breaking: After Chase Bank, Bank of Africa Sinks due to jumbo debts: UHURUTO at your service
Bank of Africa Kenya has sunk into losses for the first time in a decade, taking a hit from a mounting stock of bad debts linked to a Moi-era contractor and Mumias Sugar among other borrowers. The mid-sized lender — controlled by BMCE Bank of Morocco — made a net loss of Sh1.02 billion in […]
EXPOSED: WHY CBK Governor ORDERED Chase Bank to be PLACED UNDER RECEIVERSHIP
By Jacob Juma Fellow Kenyans, CBK has today placed Chase Bank under receivership. I applaud the decision taken by the governor of CBK Dr. Njoroge in safeguarding depositors interests. A number of reasons have contributed to Chase banks problems. Key among them is understating loan portfolio, insider lending and overstating their profits. In the Financial […]
UPROAR: TREASURY CS Rotich CONTRADICTING position on Eurobond confirms FRAUD
By Jacob Juma via FB Fellow Kenyans, you can never hide the truth. Today, 6th April, 2016, at 1.20 PM, Mr. Henry Rotich, CS for National Treasury tweeted saying that he used Ksh120 billion of Eurobond to pay debts left by former president Mwai Kibaki, changing his earlier stand that Ksh196 billion of Eurobond was […]
BREAKING: COLLAPSING National Bank of Kenya to SACK CEO Mr Munir Ahmed, Board trying to save FACE
The National Bank of Kenya Board will relieve Mr Munir Ahmed off his duties as CEO of the collapsing bank badass blogger Cyprian Nyakundi has revealed. The NBK board is said to comprise some of the to corporate pirates that have supervised the slow collapse of one of the biggest banks that is partly owned […]
AMAZING: A CARDLESS Software to REVOLUTIONIZE Loyalty Business in Kenya LAUNCHED
The story that began from a grocery store in Riruta ended up in a Taxi cab came to the end today and with a new beginning for Kenya’s market. Mzawadi Holdings today launched mobile based, cardless loyalty platform called ‘Mzawadi’ that will now enable businesses who ordinarily could not afford Cards to now offer loyalty […]
PHOTOS: Raila LANDS in STYLE, Set to Open Kisii ENTREPRENEURSHIP SUMMIT
Prime Minister the Right Honorable Raila Amollo Odinga has just landed at the Kisiii Sports Club and is set grace the official opening of the kisii entrepreneurship summit at the Kisii University grounds. While Uhuru’s Jubilee team is busy politicking in Kericho and drafting affidavits and counter affidavits bragging on how they shagged Tax payers […]
Raila CORD INVITE Treasury CS Rotich to Ufungamano for EUROBOND Public Forum
PUBLIC FORUM SUBJECT: Eurobond – where did the money go? When: Thursday 11, February 2016 Time; 8.30 a.m. VENUE: UFUNGAMANO HOUSE PANELISTS: 1. Rt. Hon Raila Odinga 2. Hon. Henry Rotich (invited) 3. Dr. Kamau Thugge (invited) 4. Hon. Kalonzo Musyoka 5. Hon. Senator Moses Wetangula 6. Dr. David Ndii ALL YOU WANTED TO KNOW […]
HERE are the TEN KILLER Points for Nairobi Taxis FIGHTING UBER
By Steve Waiganjo #UBER VS #TAXIS 1. Do taxis take away biashara from matatus? Do matatus wreck havoc upon said taxis? 2. When a girl leaves you for another man, do you go start a fight with the man or do you try and woo back the girl? *I know for sure plan A never […]