Business this Day

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

08/12/2025

I always thought I was the smartest guy in Eastlands until I encountered the real wajanjez at Burma Market.

My friend Kūngū wanted to start a samosa business and was scouting for cheap meat. I told him confidently, “Bro, leave it to me. I will go and survey like the days of Nabii Musa kule Burma and return with a detailed report.”

I ignored every warning. I even convinced myself that the sellers had been born again after that bearded priest held a loud open air crusade at Kamukuji Grounds.

Years earlier, my own brother had brought home some suspicious nyama from Burma. We boiled it for two hours. TWO. HOURS. The only thing that cooked was the water. Inaisha, tunaongea. The soup was black like crude oil and the meat just foamed. Someone would think we were boiling Omo.

So anyway, I arrived in Burma. I barely stepped in before a guy ambushed me with the smoothest elevator pitch you've ever heard.
“Boss! Karibu! Today God has opened your doors. Fresh, tender meat with generous cuts! We even have a good discount for first timers! Once you take our meat, you will come back with your whole clan!”

Before I could blink, he was leading me to a stall tucked in a suspicious corner. The kind of corner where if your phone vibrates in your pocket, you keep checking if it’s still there. I didn’t want to look naïve, so I nodded like a seasoned buyer.

The meat looked fresh. I pa!d. The guy even shook my hand. I reached home and unwrapped my treasure. Karibu nipatwe Na pressure. My friend, what I bought was different from what I unwrapped. The quantity was small and the pieces were not consistent. One piece was soft, the next piece was harder than my landlord’s heart. The third piece honestly tasted like raw ugali. Burma can do wonders.

Some pieces had that weird blackish tint like they had already been cooked, d!ed, resurrected, and d!ed again. Others hardened the more they boiled. My sufuria was sweating. I almost chocked from the smell that it emitted.

One piece smelled like fish while another smelled like something that needed a committee meeting to discuss bur!al arrangements.

I tried frying. It turned darker. I tried boiling, it foamed. By the time my friend arrived to check the “samples,” I had already opened all windows. He took one look and said, “Bro uko sure hii ni nyama?”

We threw everything away. Even the paper bag that carried it just to be safe. 😂

07/12/2025

Kenya’s Highest Paid CEO!
Attention Kenyans…

KENYA’S HIGHEST PAID CEO — GIDEON MURIUKI

As companies continue adjusting executive salaries to keep up with rising inflation, top CEOs in major firms still take home remarkably high compensation packages.

In Kenya, various reports indicate that the average monthly salary for CEOs ranges between KSh 170,000 and KSh 600,000. However, a few corporate leaders earn several millions every month.

In this feature, Public News highlights the highest–paid CEO in Kenya, an executive who earns approximately KSh 1 million every day and at least KSh 31 million per month.

Who is Kenya’s highest paid CEO?

According to available reports, Dr. Gideon Muriuki, the Chief Executive Officer of Co-operative Bank, is currently the highest–paid corporate leader in Kenya. Muriuki, who has served at the helm of the institution for decades, earns an astonishing KSh 270 million annually — equivalent to about KSh 31.7 million per month or roughly KSh 1 million per day.

04/12/2025

Top 15 richest cities in Africa 2025 December based on city-level economic output (GDP/GCp)

1. Lagos, Nigeria – $250B
2. Johannesburg, South Africa – $135B
3. Cairo, Egypt – $130B
4. Cape Town, South Africa – $95B
5. Nairobi, Kenya – $75B
6. Durban–eThekwini, South Africa – $58B
7. Pretoria–Tshwane, South Africa – $48B
8. Casablanca, Morocco – $43B
9. Addis Ababa, Ethiopia – $38B
10. Luanda, Angola – $37B
11. Accra, Ghana – $32B
12. Dar es Salaam, Tanzania – $30B
13. Abidjan, Côte d’Ivoire – $28B
14. Dakar, Senegal – $21B
15. Kampala, Uganda – $19B

04/12/2025

If uko na 300k

Tafuta place strategic

Weka Car Wash.

Nunua Machines tatu za kuosha Magari.

Target Kuosha gari 30 per day.

Charge Kshs. 300 per car. Thats 9k per day

Lipa watu wa Kuosha 80 bob per car. Thats 2400 per day. Buy detergents za kuosha magari. Give it 1000 per day. Assume Kiwanja unalipa 30k per month. Thats 1k per day.

Total expenses per day ni Kshs. 4,400

Unabakisha Kshs. 4,600 per day

Thats Kshs. 138,000 per month.

Assume at 50% performance. That is 69k per month.

Ukiongeza kuosha Car wash. Ata unaweza agree na watu wa Sacco za Matatu uwapee deal poa.

Siunaona ni nyinyi mnasema hakuna kazi.

02/12/2025

Two bedroom house in Kenya. To build, you need Ksh 1.8m to Ksh 2.5m