Will Franciszek Stefczyk Be The First Saint From the Savings and Credit Cooperative Societies Movement?

In a move that could further raise the profile savings and credit societies and encourage the spirit of public good in the cooperative movement worldwide, Polish savings and credit cooperative societies are seeking sainthood for the pioneer of the movement in Poland.

CIC Insurance to Raise Funds at the Nairobi Securities Exchange

The CIC Insurance Group will raise funds through the Nairobi Stock Exchange to finance its expansion to the Eastern Africa region. And it has already started the process to list on the Nairobi Securities Exchange (NSE) by introduction.

Taskforce Lists Individuals and Organizations Affected by Land Frauds in Athi River

Individuals and organizations that have lost land through fraudulent deals at Athi River have been named as the government starts action to curb conman-ship in land transactions.

How Kenyan Athletes Make Their Money

World famous Kenyan athletes make their money from a variety of sources, some of which are unknown to the average person. Take the case of the late world marathon champion Samuel Kamau Wanjiru who was the first Kenyan sportsman to earn a billion shillings in sports. Official figures show that Wanjiru made Sh1 billion between 2008 and May 2011.

How Much Kenya Government Spends on Image Building (and who gets it)

State corporations and the central government have over the past few months embarked on ambitious communications campaigns as they seek to create awareness on reforms taking place in the public sector especially touching on health care, education, financial management and the Constitution.

Wealth and Poverty In Kenya: Report Highlights Amazing Inequalities

The Kenya government has released the first audit of wealth and poverty findings the since the new constitution was passed. According to the audit, Kajiado is the richest county, replacing Kiambu which has been ranked the richest since independence. Only 12 in every 100 people in Kajiado are classified as poor in a country where the average number of people considered not to be rich is 46 per cent of the total population.

British Financier to Invest in Konza Technology City, Murata Sacco

Konza Technology City and Murata Sacco in Murang’a will be among Kenyan public and private sector enterprises that will benefit from Sh16 billion private equity funds from the London- based DVK Group Africa investment fund. The enterprises will be able to draw the funds from DVK Group’s Emerging Markets and Agro development investment vehicles valued at Sh8.7 billion ($100 million) each.

Corruption in Kenya: A Law Suit Scam that can Kill Largest Chinese Investment in Nairobi

The Chinese were hopeful that a Shs4 billion project would launch them into a profitable business in Eastern Africa. The General Manager of the giant Chinese Foton vehicle manufacturer, Mr.Calvin Guo outlines five reasons why the company has chosen Kenya as the base of its operations

How Kenyans Will Benefit From Coal Mining in Kitui

Kenyans are justifiably enthusiastic about coal mining in Kitui. According to manufacturers, use of coal will reduce prices of manufactured goods – and therefore, those of all goods and services – in Kenya by more than one third. Coal mining is set to start within 12 months after parliament approves the Mining Bill and the concessions awarded to the company that will work on the mines.

Housing in Kenya: National Survey of Sector Needs to Help Investors

Investors and the general public in Kenya will soon know how large the demand for housing is, who buys houses, where and what type of house when a planned government and private sector survey is completed. The facts will help them make informed decisions when they decide to invest in real estate.

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