They are young, suave, and urbane. Besides, some of them are lucky enough to have limitless cash at their disposal, while others have impeccable organisation skills and the gift of the gab to boot. These new breeds of politicians are not just trending. No. They have taken city politics by storm, sending their more established and experienced opponents into panic mode. Besides the grandiose of wealth, the swagger of youth and the ability to charm crowds, however, can these young politicians really change the status quo? Can they inject something new and refreshing into our body politics that has, hitherto,…
Author: NBM CORRESPONDENT
BY VICTOR ADAR Brian Ngunyi Gacari believes he can change the landscape on real estate in the country by simply shifting focus on alleviating food insecurity in the 21st Century through agribusiness. In 2010, at the age of 25, he founded Property Reality Company, a real estate player popular as PRC. While starting off, he was mainly focusing on purchasing and reselling land. But something got the founding chairman thinking – Nairobi is urbanizing very fast and most satellite cities turning into concrete jungles that coming up with a creative business model that includes developing and selling agricultural land together…
BY ANTONY MUTUNGA The growing popularity of the Smartphone all over the world has seen everything moving mobile; from shopping, gaming, marketing to even payments. This is especially the case in Africa where financial technology through mobile is coming up fast. In Kenya for example, this can mostly be seen through the success of mobile money, which has been extremely successful after only being in the market for the last 10years. The likes of M-Pesa, Airtel money and Orange money have increased financial inclusion in the region where most people do not hold a bank account. Mobile money has revolutionized…
BY NBM WRITER The Matatu Owners Association (MOA), whose offices are strategically located at Tumaini House, is the body under which more than 450 matatus from 44 of the 47 counties countrywide belong to. Their CEO, Mr John Macharia Githinji swivels on his chair as he, from a vantage point watches how some of the people (operators) whose rights he is championing for operate at the junction of Moi Avenue and City Hall Way, opposite the National Archives. It is also from this view that he watches as Nairobi County Government officials and traffic police marshal traffic and subsequently engage…
BY DAVID ONJILI Investment is a key component of Kenyans’ varied ways of seeking wealth. While a number trade at the bourse, others invest in property whose returns have been great but are now plummeting. If you purchased a house worth, say, Sh20 million, the monthly rent you could fetch, depending with the location, ranges from Sh30 000 to Sh70000. So, look at it this way, how would you love to bank an average Sh16, 000 daily, Sh480, 000 monthly and Sh5.76m every year for the next couple of years on a one-off investment of about Sh5m on a 33-seater…
Digital Shadows, the industry leader in digital risk management, has launched a channel only partner program – Channel REV – and an associated online Partner Portal, designed to accelerate partner revenue and enhance customer loyalty by offering the award-winning Digital Shadows SearchLight service that combines scalable data analytics with human analysts to effectively manage and reduce the digital risks of cyber threats, data leakage, and reputation risks. The Digital Shadows’ Channel REV portal gives partners the tools they need to move fast to build their own professional services around the SearchLight solution from Digital Shadoiws. The new portal gives partners…
You have met or heard about this breed of people who have a penchant of coming up with great business ideas and making them work. They don’t stop at one or two, they can go on to create even a dozen businesses. Yet they don’t stay back and run them. They are called serial entrepreneurs. They just keep churning out businesses. Never mind that some serial entrepreneurs can be perennial failures, starting business after businesses but which fall by the wayside. “My six-year-old son brings out lessons in being lively. Just like at a home, a lively workplace will deliver…
Corporate social responsibility is in the spotlight once again across Africa with the entry process for the 2017 edition of the Sustainability, Enterprise, and Responsibility Awards, otherwise known as the SERAS CSR Awards Africa, now open. The awards, first held in 2007, have grown to become the largest and most respected awards event aimed specifically at promoting and rewarding corporate social responsibility and sustainability in Africa. Originally focused on West Africa, the 2016 edition of the event saw the awards extended into Southern Africa with entries received from organisations in various countries including Angola, Uganda, Kenya, South Africa, Botswana and Ghana. In fact, Investec Bank South Africa took home the overall prize…
Kwese Sports has signed a deal with the Union of European Football Associations (UEFA) and FIFA, giving it rights to broadcast the UEFA soccer matches, 2018 World Cup and Euro 2020. The four-year deal allows Kwese Sports to broadcast across the world except in South Africa, taking sports viewership to another level for Kenyans. The pan African broadcaster will now compete with MultiChoice’s DSTV for viewers. DSTV’s Supersport was the only one to have broadcast rights for these soccer matches before. Now Kwese sports has given Kenyans another option after signing broadcast rights for live and delayed matches as well…
The Central Bank of Kenya (CBK) and Kenya Deposit Insurance Corporation (KDIC) have issued a tentative timeline and prospective milestones for the resolution of the Imperial Bank Limited’s receivership. This follows the granting by the High Court in June of a 90-day extension of the receivership of the Imperial Bank Limited. The objective of the resolution, the CBK through a statement said, is to safeguard the interest of depositors, creditors and the wider public interest. After the initial preparations, the timeline shows, the formal process will commence with an invitation for Expressions of Interest (“EOI”) from potential strategic investors, and…