What a family business successor learned about wealth, leadership and legacy
'Learning and growing. My dad was about my age when he died. When you are younger, you assume you know everything, but the key is staying open to learning.'
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Business Daily
Music executive turns hits into a Sh156 million royalties business
The biggest challenge is that artistes do not understand how the digital music economy works.
Read briefingWhy the extra mile is the defining measure of customer experience
In an industry where products can be replicated and digital services accessed across multiple providers; experience has become a defining source of differentiation.
Read briefingAspirational marketing is on the rise, here’s why
For years, companies relied on mass advertising and market visibility to drive growth. That logic is weakening.
Read briefingBeauty products offer farmers new growth line
It would be interesting to explore how Africa can translate its botanical research into commercially viable cosmetic ingredients.
Read briefingQuickmart founders free to sell 800m shares after IPO
The Quickmart sale, which opened this week and runs until October 30, is targeting Sh15 billion and values the company at Sh30 billion.
Read briefingKenya Re minority shareholders lose court battle over disputed board elections
Kenya Re is a Nairobi Securities Exchange-listed company in which the government holds a controlling 60 percent stake, while the remaining 40 percent is owned by public shareholders.
Read briefingTo rent or to buy? The costs Kenyans foot to live abroad
How much they pay in rent is one of the financial burdens Kenyans in the diaspora grapple with.
Read briefingWhen a CEO is still on the payroll but locked out of office, court weighs in
In his court papers, Mr Mathiu said he learned about the termination through social media platforms and had not been personally served with the letter.
Read briefingChef finds success cooking for wealthy in the wilderness
None of it has been easy. A chef’s life, he says, is not what people imagine.
Read briefingMbadi expands KRA transfer pricing checks in tax cheat fight
The increased disclosures will give KRA a more detailed basis for testing whether prices used in transactions between related companies reflect what independent parties would have agreed.
Read briefingBusinesses add 72,800 kW of solar power for own use
Many businesses are increasingly shifting to solar to cut costs and ensure a stable and reliable electricity supply.
Read briefingRising costs choke firms despite growing demand
Firms, however, struggled to keep up with growing demand, with output contracting for a seventh consecutive month as high costs and supply shortages choked operations.
Read briefingSmall banks make loans expensive on costly funds
Fourteen of the 38 commercial banks, mostly smaller lenders, raised their average lending rates in August.
Read briefingSweet potatoes move from farm into the living room
Ivan grows sweet potatoes indoors in transparent glasses, allowing the roots to develop in water while shoots and vines spread above the container.
Read briefingKenya's retirement health funding isn't a savings problem, it is a systems issue
Medical inflation is already running well above general inflation.
Read briefingAffordable credit: Kenya’s impact debt opportunity hiding in plain sight
need loans they can afford, structured around how their cash actually moves.
Read briefingHow organisations can mitigate losses with climate risk assessment
Organisations need to prepare to manage severe physical climate disasters such as floods, wildfires and drought, to name a few.
Read briefingFrom M-Pesa pioneer to Absa boss: The rise of Sitoyo Lopokoiyit
His rise to the top starts from humble beginnings and captures resilience, passion and a bit of luck including being in the right spaces at the right time.
Read briefingSaccos face dividend cuts over Sh7bn Kuscco losses
The provisioning looks set to put a strain on surpluses available for distribution, particularly for Saccos that still carry unprovided Kuscco investments on their books.
Read briefingUS overtakes Uganda as Kenya’s top export market
The exports to the US were also partly fuelled by a scramble by buyers who sought to maximise duty-free terms before the initial expiry of the trade pact.
Read briefingEnhance use of digital speed cameras for traffic
Cameras in low-risk accident areas need to be moved to high-risk ones.
Read briefingRubis takes 34pc share of Kenya's jet fuel market
Demand for jet fuel has significantly grown over the years.
Read briefingThugge raises compliance fees for non-deposit-taking credit firms
The new regulations place big emphasis on consumer protection, with the CBK setting tough terms on key areas such as credit terms and handling of personal information.
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