By Dr Kellen Kiambati Doing a good job by itself does not get you ahead at work. At most companies, the reality is that employees who promote themselves move faster up the ladder than those who shy away from it. However, self-promotion need not equal selling out, nor bragging for its own sake. Your willingness to connect with co-workers is important, as well as putting their needs — and those of the company — above your own self-interest. Build Positive Relationships. Forming positive relationships with influential people is essential for succeeding at any company. The key to making these relationships…
Author: Editor
BY NBM WRITER Eveready East Africa Limited, once the region’s leading manufacturer of dry cell batteries, is undergoing a complete DNA change that is replacing its energy business with fast-moving consumer goods. This is part of its five-year diversification strategy aimed at keeping it afloat in the face of new technologies of rechargeable lighting systems and solar energy, which have eaten up a huge chunk of the dry cells market. Since its incorporation in 1967, Eveready East Africa has been synonymous with the manufacture of the dry cell batteries commonly known as the D battery, at its factory in the…
Mobile bookings accounted for an impressive average of 49% globally, while apps seem to be a big hit with the convenience-driven market. Mobile accounts for most of the overall growth in travel bookings since 2014, this is according to Criteo, a leading market research firm. The worldwide research, carried between Q2 2014 and Q2 2015 indicates an increase from 12% to 23% of bookings made via mobile devices. Although the report does not delve on absolute drivers, the rise of m-commerce, development and adoption of apps in the online hotel booking sector and related services (such as car rentals and…
BY ROWAN BENN Importing a car is no longer the preserve of the super-rich. NIC Bank has recently launched import finance in Kenya with their supply partners MHH International. They have recognised that consumers want to benefit from the highly competitive prices that quality cars are sold for overseas. Previously imports needed cash payments to be made in full before the car left its country of origin. Kenyan consumers can now buy their cars overseas and spread the cost of their import just as you would when using asset finance for a local purchase. Straightforward importing Imagine you have found…
MS JACINTA NZIOKI Mbithi has been the acting director of marketing at the Kenya Tourism Board, a government agency that is charged with promoting tourism locally and abroad as well as advising sector stakeholders on market trends and needs. She will now be the acting managing director as the board looks to fill the expired position of Muriithi Ndegwa. This change of management at the board puts her on the radar. A time when the country has recorded an improvement in the tourism sector activities especially at the coastal region where painful terror-linked insecurity has been dealt with, this new…
Kenya Electricity Generating Company is offering a total of 4, 396, 722, 912 new ordinary shares at a discounted price of Sh6.55 per share to raise Sh29 billion for business expansion in a Rights Issue that closes on Friday June 10, 2016. Speaking during the launch of the fundraising via rights issue in Nairobi, KenGen Managing Director and CEO Eng. Albert Mugo said the offer would give shareholders an opportunity to reap more from the company. “By participating in the offer, shareholders will contribute to the growth of the company and reap more from our dividend scheme,” said Eng. Mugo.…
Sage Foundation has partnered with Compassionate Hands for the Disabled, a Kenyan non-profit organisation that looks after more than 80 special needs children from the impoverished Korogocho district in Nairobi, Kenya. Sage volunteers are helping to refurbish the organisation’s community hospital — a process that involves painting and redecorating, and providing much needed equipment such as lockable cupboards and medical waste bins. The South African Woman’s Association in Kenya will help manage the relationship between Sage and Compassionate Hands. Sage, the market leader for integrated accounting, payroll, and payment systems, launched its global Foundation to transform lives by investing time, money, expertise and technology in local…
BY VICTOR ADAR In many cases, individuals who delve into businesses like fashion, especially ladies, are seen to be those who either failed to get jobs or were dissatisfied, and decided to think outside the box. It is usually a sign of being a hustler, an old cliché that not so many people envy. But as fashion industry is sizzling with creativity and talent, and unemployment situation in Kenya continuing to bite, entrepreneurs are on tabs vying for a piece of the pie. Two siblings, Esther Kalekye Musa and James Mwoni, saw a gap that needed to be filled and…
Global microfinance leader FINCA and First Access, whose technology predicts the credit risk of borrowers in informal markets, have announced a new collaboration that will create the largest and most sophisticated alternative credit-scoring approach by a microfinance institution (MFI) in the world. The partnership will vastly improve FINCA’s outreach to excluded populations. First Access will analyse existing client data from FINCA’s operations, as well as subscriber data from local mobile network operators (MNOs), to establish credit scores for low-income clients who lack sufficient formal credit history to secure small loans to build businesses or support emerging personal needs. Based on…
Vienna Court, a Grade A low-rise office complex developed by PDM Holdings, has won the highly coveted Leadership in Energy and Environmental Design (Leed) Gold pre-certification, making it one of the few commercial buildings in East Africa to attain the mark of quality and achievement in green building at international standards. According to Mr. Richard Fedrizzi, CEO & founding chairman of the United States Green Building Council (USGBC), Vienna court received the award for incorporating building designs that are going to help tenants to be environmentally responsible and use resources efficiently. “By setting goals and intentions to incorporate green features,…