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Mining companies in Tanzania risk being denied transport permits to ferry their products if they do not pay royalty fees on the gross value of minerals produced. PHOTO | FILE | NATION MEDIA GROUP  By BOB KARASHANIMore by this Author Mining companies in Tanzania risk being denied transport permits to ferry their products if they have not adhered to section...
Companies Safaricom pays Sh74.9bn dividends early Tuesday, September 17, 2019 9:35 By VICTOR JUMA Safaricom #ticker:SCOM has started distributing gross dividends amounting to Sh74.9 billion. FILE PHOTO | NMG  Safaricom #ticker:SCOM has started distributing gross dividends amounting to Sh74.9 billion more than two-and-a-half months ahead of the scheduled payment date of November 30.This is one of the earliest dividend payments among Nairobi Securities...
Enterprise Appreciating little things in life brings hidden abundance Monday, September 16, 2019 22:00 By SRI BHARATAM Be grateful for your blessings. FILE PHOTO | NMG  A poor labourer never told his children what his job was. He never wanted them to feel ashamed because of him. When his youngest daughter asked him what he did, he used to tell her hesitantly that...
Enterprise Hotel entrepreneur breaks into the party of Nakuru big boys Monday, September 16, 2019 22:00 By FRANCIS MUREITHI Mr Bashir Abdulrahaman, 41, who has invested in hospitality industry in Nakuru Town by starting fast food hotel Chicken Baristo which has two branches in the cosmopolitan town that is eying to the city status. PHOTO FRANCIS MUREITHI | NMG  Bashir Abdulrahaman took a...
Enterprise Turning millet into snacks spices up traders’ revenues Monday, September 16, 2019 22:00 By LEOPOLD OBI Elizaphan Gichangi was a trader in different varieties of cereals at his shop in Embu town. His stock included millets, rice and beans. FILE PHOTO | NMG  For close to a decade, Elizaphan Gichangi was a trader in different varieties of cereals at his shop in...
Companies Co-op Bank, landlord settle lease dispute over Mtwapa branch Monday, September 16, 2019 22:00 By PHILIP MUYANGA A Co-operative Bank branch in Nairobi. PHOTO | DENNIS ONSONGO  Co-operative Bank and Mombasa Maize Millers Ltd, a firm linked to the family of Mombasa millionaire Mohammed Islam Ali, have settled a dispute over lease of premises where its Mtwapa branch is located just months...
Enterprise First Class graduate peels livelihood from bananas Monday, September 16, 2019 22:00 By PAULINE ONGAJI | Ms Risper Kerubo at her stall in Imara Daima estate in Nairobi. PHOTO | PAULINE ONGAJI  When she graduated with a First Class honours in health services management from Kenyatta University in 2015, Risper Kerubo was sure a variety of white-collar jobs would be waiting...
Companies Crown Paints gives up Dar office to cut costs Monday, September 16, 2019 22:00 By JOHN MUTUA Crown Paints chief executive Rakesh Rao. FILE PHOTO | NMG  Listed manufacturer Crown Paints has shifted its Tanzanian offices from Dar-es-Salaam to Arusha as the firm moves to slash its operating costs by about Sh7 million annually in the loss-making subsidiary.Crown Paints CEO Rakesh Rao...
Companies Two brothers charged with Sh74m heist Monday, September 16, 2019 22:00 By RICHARD MUNGUTI StanChart heist suspects at Milimani Law Court Nairobi on September 11. PHOTO | DENNIS ONSONGO  Two brothers have been charged with the Sh74.4m Standard Chartered Bank Kenya (StanChart) heist, bringing the number of suspects brought before the court to nine.Bernard Mwendwa Mulee and Nahashon Mutua Mulee were charged...
Personal Finance What you need for early retirement Monday, September 16, 2019 22:00 By MARK WILLIE | Kenya has a long way to realise a sustainable income replacement ratio for retirees. FILE PHOTO | NMG  Formal or informal sector, the option to retire will always be controlled by availability of primary resources which are time and money.A person’s gross income will also...

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