Maudhui House

Set out in an open field in Nairobi’s plush Karen estate ‘The Waterfront’ was the next frontier for shopping malls in Kenya, they had evolved. Just a few years ago, a mall’s biggest attraction was probably an escalator, ridding through rising floors of shops of every kind selling all manner of things. They were squeezed within the city and Nakumatt...

Kenyan employers have always reproached academia for half baked graduates who come out of school without the practical know-how required in the job market. The classroom has been stuck in instructive theory far removed from everyday life and hands-on experience. The problem may be magnified by changing technologies which are being revolutionised each minute and by the time a curriculum gets...

Defaulting politicians are becoming a headache for banks. Their mix of political power, wealth and influence is every banks nightmare when enforcing a contract . Regional lender East Africa Development Bank (EADB) is getting a full view of how murky this can get in Kenya. Armed with a favourable ruling from a UK court to...

The Turkana region - otherwise referred to as the Cradle of Human Kind following the discovery of one of the oldest human fossils nearly four decades ago, had remained frozen in time. As the rest of Kenya enjoyed high-speed internet connections and quality calls, calls to and from this part of the country were accompanied by crackling background sounds. The reception...

Never let a crisis go to waste; Kenyan banks are not. Lenders are taking advantage of the low expectations from shareholders for dividends and the regulator relaxed rules to clean up their houses to start from a clean slate next year. Despite the Central Bank of Kenya allowing banks to restructure their loans that face difficulties, the top seven listed...

Kenyans are converting their dollars into shillings to take advantage of the huge windfall over the last eight months where the shilling has weakened from 100 units to 108 units to the greenback. At the end of January, Kenyans with dollar accounts had $6.1 billion whose value has grown from Sh611.2 billion to Sh661 billion, a Sh50 billion increase as a result of the...