Business

Customers who fail to pay their Okoa Jahazis will have their Bonga Points deducted automatically by Safaricom.   Through this intervention, the company seeks to cut growing Bonga Point debts that add up to millions of shillings.   Its roll out will also allow the company to collect overdue airtimes.   For instance, some customers possess more than five mobile lines with...

What type of business do I need to be in to qualify for a KIE loan? It should be either be a manufacturing business or a service business. It should employ at least 5 people It should be running for at least 2 years to qualify as a working capital loan. What minimum/maximum amount of loan can one apply for? Lending Programmes a) Small & Medium Scale...

Strawberry farming has huge income potential and can easily turn you from a job-seeker to a job-creator or from an employee to an employer in less than 12 months.    Strawberry Farming in Kenya Strawberries can grow in almost every part of our country provided there is constant water supply and stable temperature in the range of 10 – 30 degrees Celsius. Step 1: Getting Started Of...

Pre-Clearing Procedure   Step 1: Register to be a seed merchant   Body in charge and office contact Kenya Plant Health Inspectorate Service (KEPHIS) Kindly click on link in the summary window for contacts. Documents Required to complete the process Dully filled application SR1 form Certificate of incorporation of the company Cost (KES) New applicant pays KSh. 75,000 while...

Pre-Clearing Procedure   Step 1: Apply and obtain certificate of registration (For first time exporters)   Body in charge and office contacts Kenya Plant Health Inspectorate Service (KEPHIS) www.ics.kephis.org Kindly click on link in the summary window for contacts Documents Required to complete the process Dully filled application SR1 form Certificate of incorporation of...

Here's the intriguing story of how this savvy businessman turned his dreams into billions. Gerald Gikonyo, a legendary figure in Kenya's business world, dominated the scene for decades. From rags to riches, Gikonyo's journey is truly awe-inspiring. Back in the 1930s, Gikonyo had his sights set on Nairobi, determined to provide for his family. Alongside his now-deceased friend Gerishon Kirima, he hustled...

Preliminary Search Before applying for the registration of a trade mark, an applicant should conduct a search to find out whether the trademark is registrable or not and also whether there exists in the records a trademark which could be confused with the intended trade mark. An application for search and preliminary advice by the registrar should be made by the prospecting proprietor or his agent on...

Here are some exciting business ideas for you to hit the ground running right away:   1.Brick Making Business (Estimated Budget:Ksh100,000) The real estate market is booming and people are looking for ways to build cheaper homes. Bricks are relatively cheap to produce and provide a cheaper building option to stones. Requirements: Brick making machine, enough sub-soil, a bit of...

Here are a few steps one can follow to begin trading securities at the NSE.   Step 1: Figure out which assets to invest in. Step 2: Choose your securities wisely. Step 3: Choose a stock broker. Step 4: A CDS trading account. Step 5: Choosing the stocks.   Step 1: Figure which assets to invest in There are two analysis methods by which one can select assets appropriately, the...

Moving process Here are the steps to display a WordPress site installed in its own sub directory   Go to the General Screen. In WordPress address (URL): set the address of your main WordPress core files. Example: http://example.com/wordpress In Site address (URL): set root directory’s URL. Example: http://example.com Click Save Changes. (Do not worry about the errors that...

Step1: Register your company/business It’s important that you register your company or business with the registrar of companies. You can either do this yourself or pay somebody to do this on your behalf. Once you’ve obtained a certificate of business registration, make a copy and move to the next step.     Step2: Apply for company’s KRA PIN and Tax Compliance...

The Seven Laws of Teaching is John Milton Gregory's classic treatise on excellence in teaching. For over 100 years, it has been an indispensable resource for teachers. It explores the seven basic principles of teaching, including the laws of teaching, the teacher, the learner, the language, the lesson, the teaching process, the learning process, and review and application.  Download this classic book...

Treasury bills are a secure, short-term investment, offering you returns after a relatively short commitment of funds. Treasury bill rates in Kenya are attractive, providing an excellent investment opportunity that is readily available, as they are auctioned each week. Treasury bills are sold at a discount. This means that investors choose the amount that they will receive when the bill matures, or the...

1. *106*2# to check any unknown Mobile numbers registered using your ID   2. *361# to check if you have any unclaimed assets   3. *866# - enables CDS account holders to buy treasury bills & bonds     Source: Abojani...

Some time ago I wrote about the circumstances when going into business would be an unwise idea. I received overwhelming feedback from people who read and liked the article. Many also suggested that I should also write about when it is ok to start out. It is only fair that I do that. I’m a firm believer that entrepreneurship is the answer to many of the frustrations we currently face. Also, enterprises...

When it comes to building wealth, one of the most common questions is:“How do I find a good real estate investment?” The answer may surprise you. It’s not about luck or insider tips—it’s about training your brain to see opportunities others overlook. Successful property investors develop the mindset of a professional shopper, patiently searching, comparing, and analyzing until the right deal...

If you are a forex trader, then you know that Metatrader 4 is one of the most popular trading platforms around. But with so many brokers out there, it can be hard to know which one to choose. That's why we have put together a list of the 5 best MetaTrader4 brokers in 2022. So whether you are just starting out or you're a professional trader, we have got you covered with some information. Let’s begin...

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This is not one of those blogs that claim the Kenyan real estate bubble is bursting. Not at all.  The real estate market in Kenya is not even a bubble in the first place. Rather, what we’re currently experiencing now is more of a market correction, which is arguably a common occurrence in a healthy market.    The property prices in Kenya are no longer dictated by a huge demand combined with...

Former Nakumatt CEO Atul Shah is set to lose his property to auctioneers after reportedly withdrawing a case he had filed to save the wealth. A report by Business Daily on Monday, November 9, indicated that Shah made the move through his company, Collogne Investments, after seeking the approval of the registrar of the Court of Appeal. The billionaire took the step in October 2020, which leaves his...