Agribusiness idea to make up to Ksh 1,000,000(1million) within 3 months under the 1-acre piece of land

Agribusiness idea

Agribusiness idea: Every household, hotel, restaurant, or any other food vendor uses onions on a daily basis as one of the ingredients in the preparation for most of the food items. Food manufacturers and other factories also use onions as one of the ingredients in the fabrication of some of their specified items. That alone is enough to explain how huge the demand of onions can be, for you to believe that if you can venture into the business of growing onion even with a small piece of land you…

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Why Kenyan Landlords are in Dire Misery

Landlords

Covid-19 has brought dire effects on Kenyans and more so on the property owners. Statistics have shown that over 70percent of Kenyans have not been able to pay their rent dues on time. The Kenya national bureau of statistics (KNBS) conducted a national survey in April and it has revealed that there is a decline in the number of people who have been able to pay their rent on time, as the figure shows a decline from 41.7 to 31.6 percent. Among those interviewed, they claim that the reasons behind…

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How Did Kenya End up Paying sh7bn in Power Scandal?

Power Scandal

The Kenyan government has appeared to be conned after paying heavy penalties amounting to Kshs.7 billion to investors at the Lake Turkana wind power project. This was referred to as a huge scam since this form of electricity never reached Kenyans. The contract was awarded in 2014 to a Spanish company called Grupo Isolux Corsan. The penalties came forth due to a delayed completion of a 430-kilometer high voltage power line that began at the wind turbines in Lake Turkana all the way to Suswa in Narok. The overall project…

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Meet the Black Woman CEO of the Tech Startup That Amazon Just Bought For $1.2 Billion

Amazon

Aicha Evans is spearheading the tech industry as the CEO of a self-driving car start-up called Zoox which has recently been acquired by Amazon for $1.2 billion. As Zoox remains a standalone business, she and Jesse Levinson, the company’s co-founder and CTO, will continue their subsequent roles in the company. “This acquisition solidifies Zoox’s impact on the autonomous driving industry,” Evans said in an Amazon blog post. “We have made great strides with our purpose-built approach to safe, autonomous mobility, and our exceptionally talented team working every day to realize that…

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What Is The Future Of Kenyans Entrepreneurs In This Covid-19 Pandemic Look Like?

Kenyan Entrepreneurs

Covid-19 has become a nightmare for everyone everywhere, with everything crippling be it the education sector, all the way to entrepreneurship. Businesses in Kenya are facing their worst form of business cycle many of them facing the exit stage due to the huge gap between expenditures and returns, expenses gauging on a very high scale. A close look into some specific business like the hotels and restaurants, tourism sector, and more so the education sector all these have faced their worst state since clients have opted to remain indoors in…

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New Dawn For Amina Mohamed As She Is Nominated for World Trade Organization (WTO) Top Job.

Amina Mohamed

It is joy unspeakable for the sports cabinet secretary Amina Mohamed as Kenya nominates her for the position of Director-General for World Trade Organization (WTO). Having lost the contest seven years ago, Amina Mohamed is in total confidence to get the position as she will be contesting against five others, two being Africans. On 7th July the WTO just announced that they have received the submission of Amina Mohamed’s candidature by the Kenyan government. In 2013 Amina lost the position to Mr. Azevedo while she was serving the Kenyan government…

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How Lucrative and Booming Is Beekeeping Business In Kenya

Beekeeping

Beekeeping in Kenya is endowed with vast land occupied by trees and flowers especially in the upcountry hence a good avenue for beekeeping. From a business perspective, beekeeping is much more lucrative when we compare the costs and returns aspects. The sector of bee keeping has remained untapped for long since only about 20 percent of the country’s potential has been fully utilized. This is in contrast to the huge market in Europe and the Arab. Kenya has a huge seasonal nectar release through the flowering done in many households…

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How To Plant Capsicum (Pilipili Hoho) In Kenya And Make Money

Capsicum

Capsicum is a bell-like type of plant which does very well in warm and hot places. It contains high levels of vitamins which makes it quite healthy for blood regulation. There are quite a number of varieties of “Pilipili Hoho” which can either be grown indoors in the greenhouses or outdoors. For fruit setting and also for fruit development, it is recommended that you regulate the temperatures to about 16-21°C and 15-17°C during the day and 24-30°C at night respectively. The land where capsicum is being grown should be thoroughly…

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How I Quit My Banking Job To Start Boda Boda Business…I Now Make Ksh.300,000 Per Month

Boda Boda Business

James is an entrepreneur who quit his well-paying banking job to start boda boda business. He now earns Ksh 300,000 per month from the business. This is James’ story. “2013 was the year I decided to quit my banking job to pursue my personal interests. But before I resolved to call it quits, a lot had happened in my life. From what I experienced as a Banker, I won’t wish anyone to take up any banking job. I used to work for Equity Bank and I was a teller. During…

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Laikipia County and Co-op bank launch the Affordable Financing kitty for SMEs and Saccos.

Co-op Bank

The Laikipia County Government and the Co-operative Bank of Kenya (Co-op Bank) have today launched the Laikipia Enterprise Fund with an initial kitty of Ksh 300 million, to offer affordable financing and business support to co-operatives and entrepreneurs in Laikipia County. To kick-off, the Fund, the bank, and the county government have entered into an Interest Sharing and Guarantee Arrangement. This is aimed at supporting two key segments; First, to empower co-operatives in Laikipia County through affordable financing and Consultancy Services, to enable them to have sufficient liquidity for lending…

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