Kenya’s Money in the Past: Kenneth Matiba

“Aiming High” is an autobiography of Kenneth Matiba that covers his life as a civil servant, businessman, farmer, corporate leader, member of parliament, cabinet minister, and presidential candidate. It’s also a good business book that’s well written and detailed. Excerpts: Scaling Farming Ventures While exporting beans to Europe, he faced freight challenges. East African Airways […]

Kenya Economic Update 2015

The World Bank launched the 12th edition of the #KenyaEconomicUpdate in Nairobi today. John Randa of World Bank Kenya said they still predict Kenya will grow at 5.4% this year, and it’s economy is sustainable He said In the last 4 years, Kenya government expenditure has grown 7%, while revenue has grown 2%..this is not sustainable Also that […]

Succession Talk

There has been a lot about succession in the news today: Legendary investor Warren Buffet outlined his succession plan for his company and shareholders. Also, legendary World Cup match predictor, Paul the octopus (and beloved by gamblers anonymous), died in his sleep in Germany, without leaving a successor. NIC Bank held a succession planning clinic […]

Another Saturday Post

Dedicated to AfroM who says I don’t work on weekends Banking The Nation gives a peek at a damning report on the over-staffed and under-performing employees at the Central Bank of Kenya. Charterhouse Bank management denied that they were involved in money laundering and claimed that accusations were meant to distract from the problems at […]