Showing posts with the label Business

Where Exactly Did Christmas Originate from?

Christmas, which is observed on December 25, is a holy religious event as well as a global cultural and economic event. People have been celebrating it with customs and rituals that are both religious and secular in nature for two millennia now. Christmas Day is marked by Christians as the anniversary of the birth of their spiritual figurehead, Jesus of Nazareth, whose teachings serve as the foundation of their faith. Popular traditions include gifting, erecting and decorating Christmas trees, going to church, gathering with loved ones for feasts, and, of course, waiting for Santa Claus. The origins of Christmas stem from both the pagan and Roman cultures. The Romans actually celebrated two holidays in the month of December. The first was Saturnalia, which was a two-week festival honoring their god of agriculture Saturn. On December 25th, they celebrated the birth of Mithra, their sun god. Both celebrations were raucous, drunken parties. In order to dispel the darkness, the pagan cultu

Cab Drivers Announce a Looming Strike

Taxi drivers who use the digital ride-hailing services Uber and Bolt have called a strike that will begin the next week in protest of what they claim are excessive commission fees levied by the companies. According to the Organization of Online Drivers, beginning Monday, drivers will stop making reservations for passengers through the two applications. The National Transport and Safety Authority (Transport Network Companies, Owners, Drivers and Passengers) Regulations, 2022, which set a cap on the commissions the companies can charge at 18% per trip, were allegedly not implemented by Uber and Bolt, according to the drivers. Instead, Little Cab, Hava Cabs, and Yego Mobility will be used to make passenger reservations, according to their chairman Justin Nyaga. Charges for Bolt and Little Cab are correspondingly 20% and 15%. While Uber reduced the commission, according to Mr. Nyaga, it violated the rules by raising its booking fee from 4% to 11% each trip, effectively negating any benefit

Ruiru Building Collapses

In Kiambu County's Ruiru Town, a five-story structure has collapsed. On Sunday afternoon, cracks were noticed on the building's pillars, and hours later, more than 100 tenants had been evacuated. Following complaints of the risk from the National Construction Authority (NCA) and the Ruiru OCPD, the rescue efforts were spearheaded on Sunday by Kiambu Governor Kimani Wamatangi and firefighters. “Tenants can no longer stay in this house because its columns- which are supposed to support it have cracked. It cannot stand for long. If not for the neighbouring house that is supporting it, it could already be down,”  Wamatangi said while leading the rescue operations on Sunday. Within a week, Kiambu has experienced two building collapses, including this one. In Ruaka, Kiambu County, another five-story structure collapsed on November 17. Two occupants were killed when a nearby house was struck by a falling building.   

Equity appoint Samuel Kirubi as new Group Chief Operating Officer

Samuel Kirubi, a longtime managing director of Equity Bank Uganda, has been appointed by Equity Group as its Group Chief Operating Officer (GCOO). Prior to joining Equity Bank in 2001, Mr. Kirubi worked as Equity Bank South Sudan's chief operations officer from 2009 to 2001. Before being transferred to Equity Bank's Uganda subsidiary in the same role in 2015, he was first promoted to the post of funding managing director of Equity Bank South Sudan. Third-most profitable Equity subsidiary after Kenya and the Democratic Republic of the Congo, he guided the subsidiary from being in the red to becoming the fifth-most profitable bank in Uganda (DRC). Anthony Kituka, the current Executive Director, has been named the new Managing Director of Equity Bank Uganda. The lender stated in a statement that Mr. Kirubi will be in charge of improving the bank's ability to carry out its strategy by coordinating people, systems, processes, commercial activity, and business risk with customers

World Cup chief reveals what will happen if people hold hands in Qatar

What will happen to people that hold hands throughout the competition has been disclosed by the Qatari World Cup's CEO. In the Gulf State, public expressions of affection will be permitted, according to Nasser Al Khater. "Look, we've always said that everybody is welcome here. All we ask is for people to be respectful of the culture.' he said. "Everybody is welcome here and everybody will feel safe when they come to Qatar. Everybody. But it's not me that I'm worried about. It's those ones that are messaging me. It's those people that aren't in the public eye that are scared to even be themselves and walk the streets." Many supporters are still hesitant about what they can and cannot do in the Middle East, despite Al Khater's assurances. Eight of the tournament's sites will not sell alcohol to spectators, it was declared yesterday. Additionally, there are still concerns regarding how the LGBT+ community will be received upon arriva

Gary Neville: Ronaldo's contract be terminated

 The club ought to invalidate Cristiano Ronaldo's Manchester United contract, according to former United captain Gary Neville. Ronaldo recently declared he does not respect United manager Erik ten Hag and that he is being ejected from Old Trafford in an explosive interview with TalkTV. Since Ten Hag assumed management of United in May, the five-time Ballon d'Or winner has played just a supporting role. After declining to replace an injured player in a 2-0 victory over Tottenham Hotspur last month, Ronaldo received a warning. But his most recent action went even further, accusing the club's owners, the Glazer family, of having "no care" about the team's athletic achievement. "l don't think he wants a way back, . He wouldn't have done this interview if he wanted a way back.  He knew it would bring the headlines it has and be the end of his Manchester United career."  Neville told Sky Sports After returning to United from Juventus in August 2021

Hustler Fund Update

 President William Ruto has announced that Kenyans tapping from the financial inclusion fund, popularly known as the Hustlers Fund, will obtain the funds through an online platform. Addressing the Kenya Kwanza PG on Wednesday, Ruto disclosed that there will be no committees regulating the disbursement process to allow a seamless process ahead of its expected first phase launch on November 30, 2022. "The product is going to be seamless, you will not need any committee, you do not need to know anybody and the product will be online just like M-Pesa,...I know some of you had made arrangements to form a committee for disbursing Hustler funds. Sorry I will disappoint you there will be no Hustler Fund committee," said President Ruto. The Head of State went on to note that he has already launched talks with Mobile Network Operators (MNOs) and service providers to enroll the programme online. "We are working with our MNOs and technology providers and all the mobile operators in

Convicted MP out on Bail

The Court of Appeal has granted the Sirisia MP John Waluke a Sh10 million cash bail until his appeal against the 67-year jail term he was given for a Sh297 million fraud is heard and decided. Even though Waluke claimed the government owed him Sh300 million as a result of a 2004 maize supply contract that authorities allege was fraudulent. A three-judge bench that included Justices Asike Makhandia, Grace Ngenye, and Sankale ole Kantai decided the MP's imprisonment might result in the loss of his parliamentary seat and call for a by-election. "Once [Waluke] does not attend eight consecutive sittings, then he will automatically lose his seat. On that ground, we find the application for bail has merit and is allowed,” said Judge Ngenye, who read the ruling. The judges also offered him the chance to post a bail in the amount of Sh20 million. The bail conditions are the same as those that the High Court had set. “Assuming he is heard on appeal and he succeeds, he will not be able t

Quiver Lounge Management Statement Following Viral Video of Priest Blessing the Premises

Image Courtesy of Quiver Lounge Allegations that the owners of the well-known city nightclub Quiver Lounge in Kenol, Murang'a County, invited a Catholic priest to dedicate the club have been refuted by the administration of the Quiver Lounge. General Manager Joseph Ng'ang'a of the lounge dismissed the allegations, saying that the men of cloth had come to the location to bless the mall as a whole rather than the establishment specifically. "Quiver Lounge happens to be one of the many businesses on which the new mall sits. The businesses there range from supermarkets to petrol stations, as you'd expect in any mall. Therefore, the mall owners, who also happen to be the proprietors of Nokras Hotels and Magunas supermarkets, simply sought the services of the Church in dedicating the mall to God. That's how Quiver Lounge was captured in viral videos while the priest did his thing. This was absolutely not a Quiver Lounge initiative, but that of the mall owners under w

Two Rivers Mall Launch Cinema Facility

  Image Courtesy of Two Rivers Mall On 100 acres of land with a mixed-use design, Two Rivers Development Limited (TRDL) offers high-end facilities including REL (Retail, Entertainment and Lifestyle facilities), contemporary office spaces, residential apartments, hotels, and public amenities; and is positioned as Africa's premier destination. With over 200 retailers offering both local and foreign experiences, Two Rivers Mall (Two Rivers Lifestyle Centre), the company's flagship product, is the largest shopping center in SSA (outside of SA) and has an area of over 67,000 square meters. Fan favorites including Nike, Burger King, Hardee's, Magic Planet, Spur, Swarovski, LC Waikiki, Platform, Ashley Furniture, Art Cafe, and the recently launched Cinemax theaters are among the stores that are anchored by the retail behemoth Carrefour. Visit soon for a Two Good To Be True experience! Finally, the wait is over! Two Rivers Movie Theatre boasts of having the largest screens in not o

Metropolitan Top Managers Resign in wake of Probe

 After a government audit uncovered significant irregularities, at least five top managers of the struggling Metropolitan National Sacco Ltd resigned to make room for further investigations. The departures occurred a few days after the sacco's board was dismissed and a temporary committee installed last week as a result of dismal investigation results commissioned by Commissioner of Co-operatives David Obonyo in April. According to sources, the caretaker committee would replace the managers with temporary office holders while stepping up its preparations for in-depth investigations into the earlier findings, which revealed irregularities like fictitious dividend payments, financial book manipulation, and erroneous lending. Some of the unethical practices that were revealed include Sh49 million in shady M-Pesa transfers by a single teller at the sacco's Nakuru branch and an overstatement of the institution's prime lending facility by more than Sh7 billion due to alleged disb


Police had to control angry Boda Boda riders this morning after they attacked a team from a microfinance institution in Kitale town while they were eagerly awaiting the elusive passenger who would occasionally hail a bike to perform their errands. But as soon as Simiyu and his squad struck and tried to take the bike's ignition keys from the defaulting rider, they encountered resistance that kept them at a standstill for a while.  When a Mogo Microfinance team lead by Barasa Simiyu approached Lesos Stage and tried to forcibly reclaim one motorbike with the registration number KMFX 046E from its rider, trouble began. The defaulter was one of a bunch of boda bodas out to reclaim their motorcycle. The boda boda drivers eventually dispersed while protecting their partner, accusing the microfinance management of being haughty and out of touch with current business realities. policemen stationed at the Veterinary patrol base responded very away and made an effort to diffuse the tension. 

Aisha's Reforms on Public Service

  If a promise made by the recently sworn-in Public Service CS, Aisha Jumwa, is fulfilled, government employees would be laughing all the way to the bank at the end of January 2023 Jumwa made a promise to raise all federal officials' pay within 100 days of taking office on Monday, October 31. She claimed that her decision was motivated by the general sense of demoralization prevalent throughout government agencies. The CS highlighted that many of the workers battled with basic needs like paying school fees and rent on their present pay by drawing an analogy to her own experiences growing up in a poor household. The CS further committed during her tour to extending Huduma Centers' operating hours, noting that the service was essential to many Kenyans. If implemented successfully, Huduma Centers' doors would be open from 7:00 am to 7:00 pm as opposed to the nine-hour working day that currently runs from 8:00 am to 5:00 pm. Employees would be hired to work in shifts. Jumwa was

Beach Junior 7s Rugby

  This is a first for the south coast and possibly Kenya. A 7 a-side, full contact, U18 Rugby 7’s beach tournament. There are 8 boys teams competing, mainly from the south coast also beyond. They will play in a league basis over two days. On Sunday 4 U18 girls teams will play 7’s and 4 U12 teams will play 5 a side.  November 12th and 13th are the Tournament dates. Please come along and show support to our local youth. This is a big event for them. Tournament sponsors, Wildlife Works and Rutland Building Services have made it possible for the event to take place, not forgetting Aquelle Water for providing water for the event and Safari Beach Hotel for hosting it.

Tusker Octoberfest

  Kenya Breweries Limited (KBL)  released the dates for Tusker Oktobafest 2022 which was set to take place throughout the month of October at various locations around the country. The annual Tusker event has seen over 100 acts perform throughout the month-long event across the country. The three major events were scheduled to take place in Tamasha, Eldoret (October 8th – 9th), Jamii Executive Gardens, Mwea (October 15th– 16th), and finale event at the Ngong Racecourse, Nairobi (October 28th – 30th). The events had unique beer experiences that saw the full KBL beer portfolio on full display. There was also live entertainment stages, gaming centres, and sports contests. Among the artists that have and are set to perform include; Khaligraph Jones, Mejja, Nadia Mukami, Nyashinski among many others. The events have been graced by the next generation of Kenyan musicians, the Tusker Nexters competition finalists who have had an opportunity to showcase their talents on the national platform. S


Kenya’s troubles with the developing public debt had been introduced to mild after it failed to make repayments on the Chinese loans given for the building of the widespread gauge railway (SGR). According to Treasury papers acquired by way of Business Daily, Kenya was fined Sh1.312 billion with the aid of Chinese banks for mortgage defaults in the fiscal year that ended in June. To finance the constructing of the SGR from Mombasa to Naivasha, Kenya accessed more than 500 billion shillings from Chinese lenders, led by ability of the Export-Import Bank of China. Due to inadequate revenue from the passenger and cargo offerings provided on the track—which totaled Sh18.5 billion in the fiscal 12 months ending in June in opposition to income of Sh15 billion—taxpayers have been compelled to undergo the rate of the SGR loans. According to the disclosure records obtained by the Business Daily, “This (Sh1.312 billion) corresponds to the cost of default on interest at one percent of the due amoun


In a press launch dated October 17, 2022, Director General of the Communications Authority of Kenya Ezra Chiloba prohibited any extension for the registration of SIM cards. Chiloba emphasised that he gave the telecom organizations a 60-day chance to make sure that each and every one of their customers comply with the new rule. To allow phone carriers and customers more time to comply, the authorities extended the deadline for amending sim card registration important points by way of an extra six months on April 15 of this year. Ezra Chiloba made it clear that agencies have a 60-day probability to retaliate towards clients who have disobeyed via disconnecting sure services like voice or data. The registration closing date used to be originally set for April 15 but was postponed for 6 months to October 15 after public outcry. The authority says the process is aimed at weeding out the utilization of telcos by fraudsters, a trend that has gained momentum in the recent past. 


  Naivas Supermarket has announced, this morning, the one-hour window for retailers and shoppers to take advantage of the price discounts. The discount is on Tusker beer and will run from 2pm to 3pm Saturday 15th of October, 2022. The offer is in the Celebration of a Century of Tusker. Tusker beers, cider, and lager will be retailing at Ksh. 100 for the 500ml cans. Naivas invites all its customers to enjoy the offer at their nearest Naivas Supermarket Liquor Store.


What is Black Friday, you might wonder? And the reason why people anticipate it every year? In the US, Black Friday is the Friday after Thanksgiving, when retailers offer steep discounts and deals on virtually everything. In the US, it's regarded as the busiest shopping day of the year, and it later gained popularity elsewhere, especially in Kenya. You can take advantage of limitless specials and offers on all products from November 6 through November 30.  Await Jumia Black Friday 2022with delight! For its consumers, Jumia Kenya amplifies the excitement. From the most well-known brands in the world, they offer incredible deals and offers across all categories. For you and your family, Jumia is committed to improving the online purchasing experience. At Jumia Kenya, you may discover anything you need at extremely affordable prices that fit your budget, including clothing, beauty, mobile phones, and tablets. During Black Friday 2022, check out our incredible savings on a variety of

Age Grade System Proposal

Nalondo Community Rugby Club  It would be a dream come true for many rugby players to take part in a Rugby World Cup.  In Kenya, we continue to chase this dream,  time and time again falling short. We have put in time and resources towards this endeavour but are yet to see the desired results.  To make it to a Rugby World Cup, we need to put in place a working system that will give us the desired quality that will see us through to our first rugby world cup. This is my suggestion, We adopt an Age Grade system merged with a professional system that has been seen to yield good results and then merge it with our kenyan rugby.  This is how we go about it. We have the new education system, Competence Based Curriculum (CBC) already rolled out by the government. This forms the backbone of our Age Grade system.  The Primary grades form the base and introductory point of rugby to the nation's children, and with regular World Rugby coaching trainings organised by the KRU, we will have enough