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This is one of the many money-making opportunities in the agricultural industry that are open for innovative investors, local and foreign, wanting to invest in rural Kenya.
More than 95 per cent of Kenyans earn little from either micro-enterprises or what might be described as "micro-jobs". But if Kenya is to develop, micro-enterprises must be transformed into large, wealth creating businesses with capacity to create high paying jobs.
The Kenya government is helping the private sector investor to meet an annual housing demand of 150, 000 housing units. Currently the supply is estimated at 40,000 units per year. And the government is in a hurry to fill up the gap, thus creating an excellent opportunity to make money for real estate investors.
With the new classification of hotels and restaurants, tourists can comfortably make their choices and expect reasonable service.
A man imbued with great political ambition, J.M. Nazareth wrote an autobiography that tells more about the origin of almost all the problems affecting Kenya, and especially the business and politics of the Indian community in Kenya, than any other existing autobiography.
All that which glitters is not gold. But it could be Kenya’s Malili e-City - the planned ultra-modern metropolis surrounded the beautiful things you’d pay to see.
Kencom Sacco is one of the few saccos determined to pursue very clear and well reasoned investment policies. The result has been not only a satisfied and increasing membership, but also the satisfaction of knowing the members are benefitting from their investments in the sacco. Investment News discusses with its long-serving chairman, Mr. Jeremiah Sirma, (pictured) the philosophy behind the sacco's success and its future plans.
Kencom Sacco has now developed an investment policy that emphasizes real estate investments instead of stocks and shares. The policy is based on ROI (returns on investment), ease of management and fewer risks.
Safaricom shares are of great interest to investors if only because they have depressed prices at the Nairobi Stock Exchange wiped out a large section of stockbrokers and brought untold financial problems to investors who rushed the Safaricom Initial Public Offer (IPO).
Demand for urban homes in Kenya is estimated at 150,000 units a year. That means more people are out looking for mortgages. But how will you decide which mortgage to take? It depends on your ability to understand and evaluate your complex circumstances some of which stretch far into the future.
This year, more than 50 per cent of all the major building and construction projects have gone to Chinese companies. The catalogue of projects, worth billions of US dollars, which have so far been awarded to them, is long. It covers major highways and roads, airports and seaports, stadiums and university liberalities to provision of telephone services and oil prospecting.
When Mwalimu Sacco Society became the first society to be certified by ISO in September 2009, many in the cooperative sector in Kenya wondered what it was all about. Was it really necessary for a sacco to be certified? I too, could not provide the answer to the question, so I went over for a discussion with the chairman of the Mwalimu Sacco, Mr. Shem Motuka.
Started as a micro-finance targeting mainly the poor in the slums, K-Rep has been oscillating between maintaining its image as micro-enterprises bank and a fully operational commercial bank targeting the heavy weights in the money market. Now, it seems, the bank has found a profitable middle ground.
Kenya’s $ 35 billion economy is eastern Africa’s largest. It is a sophisticated, fast growing economy with fast expanding need for increased investments in practically all key areas. Here, we highlight the hottest of these opportunities in the year 2010.
Thika is best known to the world as the setting of British writer Elspeth Huxley's famous childhood memoirs, The Flame Trees of Thika, an internationally acclaimed book about a pioneering English family’s efforts to establish a coffee farming business in colonial Kenya. But there is much more to Thika for both the serious businessman and the tourist as this report shows.
His single-handed efforts now feed millions of Kenyans, bring in more than Shs 200 million annually in foreign exchange. And the industry he started is one of the few growth industries in Kenya.
UN Stats: Kenya leads in skills in Eastern Africa,but overall life expectancy remains the same.
The collapse of the Kenya Farmers Association, the Kenya National Federation of Cooperatives and the Kenya Grain Growers Cooperative Union, and now the Kenya Planters Cooperative Union makes an interesting study of the cost of patronage in public institutions. Attention should now turn to the remaining so-called apex cooperative organizations. Many are already in the advanced stages of the diseases that afflicted those that have already gone away.
Multi-million shillings cultural centre at the Kogelo home of the Barack Obama’s father seen as Kenya Government bribe for the American President to release pressure for democratic reforms in Kenya.
In Kenya, nearly three quarters of all the significant businesses are owned by Indians even though their population is a mere 100,000 in a population of 34 million. How have they made their wealth?
There is an increasing acknowledgement that cooperative societies hold the key to economic growth that spreads wealth across all populations. But the question has been that of proper management. Ukulima Sacco, one of the top 10 saccos in Kenya, is an example of what a sacco with proper management can achieve.
The business community pins hopes of renewed wealth creation possibilities of the new fiber optic cable expected to start in June 2009.
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