BUSINESS NATION TODAY NEWS

The Cry Of Top Banks Over CBK Freeze Of New Loan Interest Rates.

The Central Bank of Kenya (CBK) has frozen a bid by banks to raise the cost of loans following the scrapping of lending rate controls on November 7, 2019, drawing protests from the lenders that are suffering reduced profitability. The regulator had asked banks to submit new loan pricing formulas that would be the basis […]

BUSINESS GLOBAL NEWS TECH

10 Types of Social Proof and What Makes Them Effective

Social proof is an individual influencer or group clout that gives “proof” to a product. It is based on the principle that people tend to follow and conform to an influential person or a majority. They do this to be validated — a result of a need for safety. People covet security and acceptance and […]

BUSINESS COVID 19 NEWS

Kenya Airways counting losses in the wake of Coronavirus.

The Kenya Airways (KQ) is counting double losses in the wake of Covid19 pandemic after recording a 66% half year loss from 8.6 billion Shillings to 14.3 billion Shillings. Compared to last year’s 2.4 million number of recorded passengers, KQ has hit a low count of just one million passengers this year, 55.5% reduction in […]

BUSINESS COUNTIES NEWS

Establishment of a Sand harvesting plant in Gem sub-county stopped abruptly.

Siaya County government’s department of environment has stopped the planned establishment of a sand harvesting plant in Yala Township location within Gem sub-county. This follows the protests by residents of Yala township location who opposed the planned establishment of the sand harvesting project by a private investor, Sklin Works Company, citing lack of a proper […]

BUSINESS COUNTIES NEWS

ERECT BANDA TO AVOID POSSIBLE CONTAMINATION OF FISH BY CORONA VIRUS COUNTY URGED.             

An NGO is urging the County government of Siaya to erect fish banda along the beaches of Lake Victoria to enable efficient handling of fish inorder to wade off possible contamination by deadly corona virus. The NGO through it’s Program Officer Brenda Achieng Togo challenged the county government to factor in the idea as an […]

BUSINESS GLOBAL NEWS

Boeing’s head of communications resigns over a three decade – old article.

Boeing’s chief of communications on Thursday 2nd July 2020, resigned abraptly after an employee complained about an article he wrote 33 years ago. Mr. Neil Golightly had written an article arguing that women should not serve in combat. The article titled “No Right to Fight” according an excerpt on US Naval Institute did not address […]

BUSINESS NEWS

BREAKING: Waluke to stay behind bars for 7 years or pay Ksh. 594 million court rules.

Sirisia MP John Waluke was on Thursday 24 June sentenced to 7 years in jail or pay Ksh. 594 millions for defrauding National Cereals and Produce Board (NCPB) ksh. 313 million. Waluke was charged alongside Sarapay Wakhungu who also handed the same sentence. The two through a company named Erad Supplies and General Contracts Limited […]

BUSINESS TECH

Four Key Factors to Consider when Buying a Phone 

We often buy phones from stores especially in the present time when we have all sorts of mobile phones models in the market. But pause a bit and ask yourself, what actually do you consider while buying a mobile phone? Many who are not so much exposed to technology fall victims to fake or cloned […]

BUSINESS NEWS

5 business ideas students can start with a capital of Ksh. 5,000 only

May I begin by stating that as a student, you have lots of opportunities as opposed to us guys who are out of College. I insist that you have lots of opportunities because I know from experience. There are many things I am realizing that had I begun while in college, I would be far […]

BUSINESS NEWS

6 Effective Ways to Raise Money for Your Business.

For those who have ever engaged in business you know how it’s difficult to get started. Not because there is no business idea or place to put up your business, but funds to help you get started. Most people opt for different ways to ensure that their business starts while others give up without starting. […]