BY BEATRICE MWANGI Even though creating wealth is an art that requires research and learning to ensure one invests in the most profitable avenues, there is need to note that the higher the returns, the higher the risks. Therefore, it is important that one fully understands the investment options and make informed decisions. Some of the investment vehicles available in the market include bank fixed deposit, stocks, government bonds and real estate, among others. But let’s delve into investing in real estate, outlining what an investor should know before committing their capital. To begin with, buying and owning real estate…
Author: NBM CORRESPONDENT
The Ministry of Industrialization, Trade and Enterprise Development (MoITED), the Micro and Small Enterprise Authority (MSEA), Stanbic Kenya Foundation, Microsoft Kenya and the African Center for Women, Information and Communications Technology (ACWICT) have partnered to equip 50,000 small business owners with digital skills. Dubbed “Future Ni Digital”, the initiative aims at supporting the government in its efforts to promote digital technologies and ICT as a way of creating employment opportunities and improving on public service delivery. It is also part of a program that was launched earlier this year with the key private sector players and government. “Continuous skill improvement is key for…
The Board of Kenswitch Kenya Limited has picked Karimi Ithau as managing director as the company rolls out its new market direction. Ms Ithau is a seasoned professional with experience spanning over 20 years in sales of innovative products and services in the information technology markets related to payments for financial and non-financial institutions. “Ithau has what it takes to steer our Kenyan market to the next level. As a board, we would like to congratulate her and assure her of our continued support as we seek to provide innovative payments across the East African region,” said Yousef Bazian, Kenswitch chairman.…
Windsor Capital Management’s easy path to global mobility The world is full of opportunities, but, often, certain barriers prevent us from traveling freely to countries we might like to visit. As a result, we cannot access alternative healthcare systems in other countries, offer our children more diverse educational prospects, or even just live in another country for any length of time. But what if there was a way to break down those barriers quickly and easily – a way of opening up access to those global opportunities for you and your family? Windsor Capital Management, a specialist in Citizenship/Residency…
Startups are about to explore a world of possibilities in the paints and coatings industry after a paints company, AkzoNobel, launched a challenge dubbed “Paint the Future” in mid-May in a bid to accelerate innovation. All participants can learn the tactics that have made viable companies like AkzoNobel whose portfolio of brands include Dulux, International, Sikkens and Interpon. Some will find even more doors opened for them in the form of partnership opportunities and investments. “Our new company strategy is all about building on our strong foundation and pioneering ways to grow and innovate,” says Thierry Vanlancker, AkzoNobel’s CEO. “That’s…
BY VICTOR ADAR When Fejiro Hanu Agbodje was conned in 2014 by a random guy he met through a blogging site, he took that experience as a lesson. It was after one of his highflying uncles offered him an iTune gift card, but little did he know what to do with it. After all, one ought to own an iPhone to get the value of the card. He could not even find someone to buy it until he tried his fortune online, and lost it all in the process. To solve the market place challenges he went through, Mr Hanu…
With the aim of becoming the primary platform for all car transactions in the Sh4.84 billion ($45 billion) African used car market and expanding through Africa, Cars45, Nigeria’s leading automotive trading platform, entered the Kenyan market in 2019. Two years on and the company has announced plans to increase its investment in the country. The firm plans to open two branches, on Kiambu Road and in Mombasa as they look to attract the growing middle class. According to Andrew Agbro, Cars45 regional manager, despite Covid-19 having a negative impact on the economy, Kenya’s automotive market is currently ripe for investment.…
Mr Gabriel Dinda is a man on the move. During a time of uncertainty over what to do as an occupation, writing revealed itself to him in unimaginable way.Writers Guild, which he helped found, is now one of the most visible and vibrant literary organizations in the country. In just less than a decade, Gabriel and his partners have achieved what some literary inclined people take decades to achieve. In this candid interview with NBM’s Jacob Oketch, Gabriel, in his own words, gives us the history of Writers Guild from inception to the present time. “The idea of coming up…
BY AISHA PANDOR It’s uncertain how long remote working will still be in force, but if a recent survey by Flexjobs, a US jobs listing site is anything to go by, it may be for some time. The survey showed that an astonishing 65% of pandemic remote workers want to keep on working from home, with 58% saying they would look for a new job if they had to return to the office. Working from home offers many comforts, such as your work commute being reduced to a few short steps and the “canteen” only as far away as your…
A move by motor vehicle distributor, Toyota Kenya to open its 9th outlet in Nanyuki strengthens its presence in the Mt Kenya region After an investment of over Sh 30mn, Toyota Kenya Nanyuki becomes the second branch in the region after Nyeri Toyota, with Mutindwa Toyota in Meru County operating as a dealer. The firm’s managing director, Arvinder Reel said the new outlet is set to offer more products and services. “We continue enhancing services in our expanding network for the convenience of the customer by continuously developing products and services to match the customers’ needs and wants, and at…
