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The Sorcerer and the Bean The Sorcerer and the Bean
Kenya's Business Process Outsourcing (BPO) industry is headed for a major competitive boost after last week's launch of the LiveBean Scholarship Program valued at US$ 300,000. The scholarship is sponsored by LiveBean consulting, one of India's premier outsourcing businesses; it is expected to benefit the BPO and Contact Center professionals in Kenya and demonstrate that the country is ready to take up its place as a leading destination for the outsourcing business.


SMEs to get publicity boost
SMEs to get publicity boost SMEs to get publicity boost
It has been a good week for the Kenyan SME. First Finance Minister Amos Kimunya was relieved of his position at the helm of the Treasury, and second there's a new forum to give them and their achievements greater publicity.


South Africa Introduces R 1,000 Retail Bonds

These are exciting times in South Africa. The National Treasury of South Africa is floating two different types of RSA Retail Savings Bonds, the Fixed Rate Retail Savings Bonds and the Inflation Linked Retail Savings Bonds.




Sovereign Wealth Funds
Sovereign Wealth Funds
The world's financial press has a new obsession to succeed the "sub-prime mortgage" craze of autumn 2007: "sovereign wealth funds", those state-backed investment bodies whose accumulating assets (often fuelled by the high energy prices of the 2000s) are roaming the globe in search of businesses to invest in, partner - and perhaps devour.


24 hour shopping in Nairobi
Nairobi is well on its way to becoming a 24 hour city-Nakumatt by Nakumatt. It started a few months ago when Kenya's leading department store made its smaller Ukay branch, a 24 hour supermarket.


Funding a start-up
Funding a start-up
The August issue of the Entrepreneur magazine has a feature on the 500 fastest growing businesses in the United States between 1998 and 2006.


Is Africa ready for Google
Is Africa ready for Google?

In a groundbreaking move, Google has employed its first African, Joseph Mucheru to help set up its Africa operations in Kenya.




Kenyan Banking Industry post alliances
Kenyan Banking Industry post alliances...
The Kenyan banking Industry is among the more mature in Africa; this, both in terms of product offerings and profitability.


Kenyan Newspaper Entrepreneur in USA
Kenyan Newspaper Entrepreneur in the USA

See how an Atlanta, GA (USA) based Kenyan entrepreneur took his business from a small two page newsletter into the largest newspaper serving Kenyans living in the States.




Micro-finance: A bridge to the future
Micro-finance; a bridge to the future
Microcredit is the extension of small loans to enterpreneurs too poor to qualify for traditional bank loans. It has proven to be an effective and popular measure in the ongoing struggle against poverty.


Participate in crafting the budget 2008-2009
Participate in crafting the budget 2008-2009
The Treasury is inviting all Kenyans and stakeholders in the Kenyan economy to participate in putting together ideas and proposals for consideration as it crafts the next budget, 2008-2009.


Spinning chapati money
Spinning chapati money
I've never given much thought to how the tortillas sold in US supermarkets are made, I had seen Mexican women in Californian restaurants making fresh ones, so my mind made up massive factories filled with labourers churning out tortilla loads on command.


Kiondo is stolen and Kikoi is not safe
‘Kiondo’ is stolen and ‘kikoi’ is not safe

At this rate, someone in the developed world will register and patent the name ‘Wanjiku’ and all Wanjikus will be nameless — no pun intended to musician David Mathenge who bears the same name.




Technical hitch at NSE delays trading

Trading today started one hour late following a technical hitch at the NSE.A statement circulated to all brokerage firms indicated trading at the bourse began at 11am instead of the usual 10am as a result of the system problem.

The NSE Chief Executive said it was nothing alarming about the incident.

Apparently trading begun one hour late from the usual 10am.

The system self check process failed to give a green light to one of its processes.

 A circular was circulated

...




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