Business this Day

18/12/2025

UPDATE: Here is how payslips will look after February 2026, with NSSF rising for higher earners

The calculations have been done include PAYE, Housing Levy, SHIF, and the new NSSF deductions:

— A salary of Sh50,000 → Net pay: Sh39,270
— A salary of Sh75,000 → Net pay: Sh63,500
— A salary of Sh100,000 → Net pay: Sh70,660
— A salary of Sh200,000 → Net pay: Sh137,300
— A salary of Sh350,000 → Net pay: Sh237,000
— A salary of Sh500,000 → Net pay: Sh335,500
— A salary of Sh800,000 → Net pay: Sh525,700
— A salary of Sh1,000,000 → Net pay: Sh647,500

17/12/2025

PayPal can easily ban your account. If you are monetizing on Facebook,payment method should be Wire Transfer. You will be safe with that.

16/12/2025

Ksh 5m up to here

16/12/2025

Kenyans lose millions to Opt Coin. The company has disappeared with over Ksh100 million for Kenyans. It had promised over 1000% profits on investments.
To join the platform was through a referral. Then you earn money when your referrals deposit money into the platform.
From last week,Kenyans have failed to login to Opt Coin,implying that they have lost money.

14/12/2025

When men like Jirongo die, you remember random facts about their lives that sound so strange it can pass for story ya jaba. But it is not... it is a real life event, only that it took too much impunity to actualize that it sounds unreal.

You got to marvel at the guts and impunity Jirongo moved around with when he was in power back in the day...
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‎In 1993, Cyrus Jirongo walked into Postbank Credit, a State owned lender, and borrowed Sh 2.7 billion. An amount so high it was equivalent to the Kenyan government budget deficit of that year. As collateral for the loan, he used two pieces of public land. Not his land. He could do this because he was a powerful and corrupt man in a corrupt government. After getting the loan, Jirongo was so flush with cash that the public named the Sh 500 note after him (Jirongo)... because of how freely he gave out this note to people at public rallies and harambees.
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‎As at 2022... he had not paid back one shilling and the interest on the loan had compounded so much that at the time, he owed Sh 40 billion...
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‎And the bank (Postbank) was bitching and complaining that he no longer picked their calls... Shrewd as he was, Jirongo filed for bankruptcy when the bank came knocking... so, getting that money from him was like expecting a goat to lay eggs.
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10/12/2025

Meet Mr. Alfred Soi, the Chairman of Kipchimchim Group of Companies. He took over the chairmanship from his father, Samuel Kipsoi Ngetich (Mzee Chepsetyon), following his passing in 2022.

Alfred leads the Kipchimchim Group alongside his brothers, Ben Soi and Stanley Soi, who serve as Group Managing Director and Operations Director, respectively.

Kipchimchim Group comprises several companies operating across diverse sectors, including retail, manufacturing, mining and banking.

The Group is widely known for K-Matt Supermarket, formerly Kipchimatt Supermarket, but it also operates a number of tea factories, including Kuresoi, Mbogo Valley, Sangalo, Tet, Koyo, Emrok (EPZ) and Stegro (EPZ) Tea Factories.

The Group has also ventured into the sugar sector, running West Valley Sugar Company in Kericho, Soit Sugar Factory in Transmara South, and Muhoroni Sugar Factory which is currently under privatization.

They also own SABS Mining and Construction Company Limited and ABSS Warehouses in Mombasa.

Recently, the Group entered the banking sector through the establishment of Setyon SACCO.

They have also expanded into farming, establishing large dairy, poultry and other related agricultural projects.

The Group employs over 5,000 people directly and engages with more than 70,000 farmers across the tea and sugar sectors.

Kipchimchim Group is arguably the largest business empire in South Rift and one of the largest in the Rift Valley region.

That is the massive empire Chairman Alfred Soi now leads... a group whose journey began just 25 years ago as a small retail shop started by Mzee Chepsetyon. Success, indeed, is a process.

09/12/2025

Standard Chartered Bank Zambia CEO Sonny Zulu posted on his Facebook…
SITTING ON MR. MITI’S SEAT
Today, on his birthday, I honoured a man who has faithfully served the Bank for more than 20 years. Mr. Miti has driven three CEOs before me, always arriving at 6:15am with quiet discipline and unwavering excellence.
But today, I arrived at his home at 5:45am. I invited him to sit in my seat while I became his driver. He refused, but I persuaded him, and finally, I convinced him. As he settled into the back seat, his young son stood at the doorway, watching. The look on the boy’s face was unforgettable. In that moment, I realised how powerful it is when people who serve quietly are publicly honoured.
I drove him to work, ran a few errands, and returned him home. It was one of the most meaningful days I’ve experienced.
LESSONS FROM MR. MITI’S SEAT
1. Excellence looks effortless until you try it.
Every morning, Mr. Miti cleans the car before picking me up. I tried. I failed.
2. Mastery is built on discipline.
He has driven for decades without a single ticket. I got one today.
3. Professionalism is a silent language.
He never picks up the phone or chit-chats with passengers. I realised how easily I break those rules.
4. Titles are temporary; honour is earned.
When the police stopped us, I told the officer I was driving my boss home. The officer turned to Mr. Miti and addressed him as Sir.
I realised the word Sir often belongs to the seat, not the person. And today, that honour was rightly his.
MY REFLECTION
This day was not just a role reversal, it was a reminder. Some of the greatest people around us serve quietly, faithfully, and consistently, asking for nothing in return. Honouring Mr. Miti showed me that true greatness often operates in the background, long before the spotlight turns on.
Who is the “Mr. Miti” in your life?
Who supports you, uplifts you, or makes your success possible?
Find them.
Acknowledge them.
Honour them while they can still see it and while their children can witness it.
Greatness is not always loud. Sometimes, it arrives at 6:15am, every day, for twenty years.

09/12/2025

This is Titus Kiondo Muya, better known as TK Muya, the man who turned repeated rejection into a billion shilling empire.
At 18, Muya read a magazine article that sparked a dream to one day own a bank. A dream so big, most people would have forgotten it. He didn’t.
After high school, he joined the civil service as a clerical officer. He was diligent, always early to work, always staying late. But promotions never came. Why? He didn’t have a university degree.
In the 1970s, Muya began pursuing his dream in earnest. Every Thursday, for four years, he walked into the Treasury offices, seeking a banking license. Every Thursday, he was told no. No capital. No experience. No connections.
On a friend advice he adjusted his plan. Instead of a full bank, he applied for a building society license. In 1984, with Sh500,000 borrowed, he opened Family Finance Building Society in Nairobi. It was small, humble and unassuming but it was the beginning of something extraordinary.
Muya studied other institutions, learning their systems, strategies and mistakes. He didn’t chase the wealthy clients other banks sought. He focused on ordinary Kenyans, farmers, small traders and students offering loans for school fees, wages and small businesses. Slowly, trust grew. Slowly, branches spread to Kiambu, Gatundu and Githunguri.
For 23 years, Muya served as CEO and chairman, reinvesting every shilling back into the business. In 2007, Family Finance became Family Bank, a full commercial bank. Today, it has over 90 branches, 1,500 staff and billions in assets.
He founded Daykio Plantations, transforming it into a thriving real estate company with housing and land projects across Kiambu, Kitengela, Kangundo Road and Kamulu. He invested in Kenya Orient Insurance and co-founded Alpha Africa Asset Managers Ltd.
From a young man denied promotion, to a civil servant ignored, to a small borrower with a dream, TK Muya became a billionaire entrepreneur and visionary leader. His story is a reminder that dreams, determination and courage can turn even the harshest rejection into an empire.
Follow my profile for more inspiring stories and lessons that will motivate you every day.

09/12/2025

Savannah Honey awarded after being ranked among top 100 dependable brands in Kenya

Savannah Honey was awarded as one of 𝟭𝟬𝟬 𝗺𝗼𝘀𝘁 𝗱𝗲𝗽𝗲𝗻𝗱𝗮𝗯𝗹𝗲 𝗯𝗿𝗮𝗻𝗱𝘀 by the Dependable brands Africa Awards held on 5th Dec 2025 at Weston Hotel. This was in recognition of outstanding achievement on community impact in 2025. To celebra...

09/12/2025

5 key things to look for when buying shares at the Nairobi Securities Exchange (NSE):

1. Company’s Financial Performance
Check revenue, profits, and growth trends. A company with consistent profit growth and strong cash flow is generally safer to invest in.

2. Dividend History
Look at how regularly the company pays dividends and whether the dividend amounts are growing over time. This shows stability and shareholder friendliness.

3. Valuation (Price vs Value)
Compare the share price to fundamentals using ratios like the P/E ratio. Avoid overpaying for hype and popularity.

4. Company Leadership and Governance
Research the board, management quality, and corporate governance record. Avoid firms with scandals, frequent leadership changes, or poor transparency.

5. Industry and Market Position
Evaluate the company’s competitive advantage and the health of its industry. Market leaders in growing sectors are usually safer long-term bets.

08/12/2025

There is something wrong in this video. Effects will be seen after few years

08/12/2025

Hii nayo lazima ukuwe na more than 3 million