Browsing All Posts published on »January, 2011«

Auditors on Kenyattas wealth

January 20, 2011

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The Kenyatta’s are arguably one of the wealthiest families in the country. Known for business cutting across the breadth and width of the country, the family’s wealth runs into billions of shillings. But in a bid to exactly ascertain what the family owns, sources indicate that about 40 auditors have been over the last 18 […]

Barclays Bank of Kenya to send home 200 reports Reuters

January 19, 2011

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Barclays Bank has reported that it will be sending home about 200 mid-level managers. read it here This comes only days after we reported that the planned operational review at Kenya Commercial Bank, which would see them too send packing most of its bloated work force. read it here The story by wire service, Reuters, […]

Banks employees helping themselves with your savings

January 14, 2011

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The country’s commercial banks are under attack from within. Thieving employees of the banks continue to pinch millions of shillings everyday from account holders with only few cases being reported. In a front-page story carried by the Daily Nation on Friday, the figure is estimated at almost half a billion shillings every month. However, these […]

Digital villages yet to get to the villages three years on

January 13, 2011

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Simply put, this is a failed promise. The Digital Villages concept is fast approaching a dead-end, if it has already not hit one. And unless there is a serious re-think to the concept so that a new strategy is employed, this once promising idea may not be saved from its eminent deathbed. The mainstream media […]

Heads to roll at KCB

January 12, 2011

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Employees of Kenya Commercial Bank now risk facing the sack after the bank brought in consultants to review its operations and make recommendations. The story appearing in a section of the newspapers indicated that the bank had appointed McKinsey and Company, who will be engaged with it for the next five months. But more telling […]

Is Atwoli under siege?

January 11, 2011

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Behind the flamboyance and fiery arrogance in the person of Central Organisation of Trade Union (Cotu) Secretary General Francis Atwoli, coils a worried man. Mr Atwoli is a man under siege and he could be hanging in his current position by the grace of the judicial system that he has in some instances attacked scathingly. […]

Can K’ogalo score the sponsorship goal in 2011?

January 10, 2011

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The success of Kenya Premier League 2010 season is –to a large extent -attributed to the resurgence of Gor Mahia Football Club. The team whose supporters have aptly maintained that they are followers and not fans raked in Sh200 million in what is known as Advertising Value Equivalent in local media between March and November […]