Author: Lema Mwangi

The butchery business in Kenya has long been a staple in both urban and rural areas. With a strong demand for meat products across the country, many entrepreneurs consider opening a butchery as a viable business opportunity. But is it truly profitable? In this guide, explore the profitability of the butchery business in Kenya, examine profit margins, and outline the necessary steps and requirements for starting and running a successful butchery. If you are just getting started, learn how to write a business for your butchery business. Is Butchery Business Profitable? The butchery business in Kenya can be highly profitable…

Writing a business plan is a crucial step for any entrepreneur in Kenya who wants to ensure the success and sustainability of their business. A well-crafted business plan not only guides the business in the right direction but also helps in securing funding from investors or financial institutions. Here’s a detailed guide on how to write a business plan in Kenya, covering the essential steps and components of a business plan. 1. Executive Summary The executive summary is the most crucial part of your business plan, as it provides a snapshot of your entire business strategy. It is often the…

Prominent businessman and politician Jimmy “Rich” Wanjigi has been in the spotlight recently for his vocal criticism of the Kenyan government—a government he once played a key role in bringing to power. Known for his business maneuvers and political influence, Wanjigi’s name has also surfaced in various scandals, most notably the Anglo Leasing and Arror scandal. Wanjigi’s political lineage traces back to his father, Maina Wanjigi, who served as a Member of Parliament and influential Cabinet Minister in both Kenyatta I and Moi era. This background has significantly influenced Wanjigi’s business and political moves. An alumnus of the prestigious St.…

If you were recently employed or got a pay rise to reach a Ksh.30,000 monthly salary, you must figure out how to balance your earnings and expenses. First, Ksh.30,000 is a decent starting salary in most companies and may be sufficient for a one-person household. However, if you have a family and school-going children, you must go the extra step to manage your expenses and find ways to earn an extra income to meet your needs. With the rising cost of living, it’s essential to allocate your income wisely to cover necessities, save for the future, and still enjoy a…

Billionaire Gerald Gikonyo died on Thursday last week at the age of 110 years at his home in Nairobi’s Central Business District. A statement released by Kanyuira Gikonyo, the family spokesman, indicated that Gikonyo died due to complications related to old age. As the founder of Sabina Joy, it is no doubt that the late billionaire lived his life to the fullest. He was an astute businessman, and his other businesses include Rwathia Distributors, Magomano Hotel, New Kinangop Hotel, Timboroa Hotel, and Alpha Hotel. He also owned several high-rise commercial and residential buildings spread across Nairobi. Here are some interesting…

President William Ruto held a bilateral meeting with President Volodymyr Zelensky of Ukraine on Saturday evening, on the sidelines of the peace summit in Switzerland. President Ruto joined world leaders in condemning Russia for invading Ukraine. The President termed Russia’s aggression against Ukraine as unlawful, unjust, and against international law. He emphasized the urgent need for all parties involved in the conflict to commit to a path of peace, highlighting the adverse global consequences of the Russia-Ukraine war. “It is time for parties to the conflict to demonstrate good faith, abandon unyielding attitudes, and soften their positions for lasting peace…

Thousands of Malawians gathered at Bingu National Stadium to pay tributes to Vice President Saulos Chilima, who died in a plane crash last week. The 51-year-old, a devout catholic was honored with a full mass at the funeral service. He was an energetic figure in Malawi, and he was particularly admired by the youth, who are the majority of the population. The 41,000-seat Bingu National Stadium was filled to the brim, with many more mourners outside. Chilima’s coffin, draped in Malawi’s red, green, and black flag, was brought into the stadium by a guard of honor. Tributes from Family Sean…

Chief Justice Martha Koome has confirmed the tragic death of Principal Magistrate Monica Kivuti of the Makadara Law Courts. In a heartfelt statement, CJ Koome expressed deep sorrow over the loss. “I wish to confirm to the Nation that Hon. Monica Kivuti, Principal Magistrate, Makadara Law Courts has lost the fight against the extensive injuries sustained during an open gun attack in Court.”CJ Koome Magistrate Kivuti succumbed to her injuries at Nairobi Hospital on Friday, following a shooting incident at the Makadara Law Courts on Thursday. The assailant, identified as Chief Inspector Samson Kipchirchir Kipruto, opened fire after the magistrate…

The National Assembly of the Republic of South Africa has re-elected Mr.Cyril Ramaphosa as the President-elect of the Republic of South Africa during its first sitting of the 7th Parliament. Ramaphosa, representing the African National Congress (ANC), was nominated by Mdumiseni Ntuli. He ran against Julius Malema of the Economic Freedom Fighters (EFF), who was nominated by Nqabayomzi Kwankwa. According to the constitution of the Republic of South Africa, the National Assembly is required to elect a President from among its members at its first sitting after an election. Ramaphosa secured the presidency with 283 votes, significantly outpacing his closest…

Following the death of Iranian President Ebrahim Raisi in a helicopter crash, First Vice President Mohammad Mokhber assumed the role of interim president. Mokhber is a close associate of Supreme Leader Ayatollah Ali Khamenei and has strong ties with the Islamic Revolutionary Guard Corps (IRGC). However, before Raisi’s death, Mokhber was not viewed as a possible successor. The Iranian constitution stipulates that a presidential election must be held within 50 days. The elections are scheduled for June 28, 2024. Who are the Potential Successors of Raisi? Mohammad Mokhber Mohammad Mokhber, the First Vice President, is currently acting as the interim…