Entrepreneurs

Entrepreneurs to get seed capital

Local entrepreneurs have a chance to get seed capital following the announcement of the third round of Tony Elumelu Foundation (TEF) Entrepreneurship Programme that has so far benefited 242 Kenyans. The Tony Elumelu Foundation announced it will begin accepting applications on January 1, 2017. The programme is the Foundation’s 10-year, US$100 million ...

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Five things every business must do to survive in the 21st century

Globalization of the economy, the breaking down of national boundaries and the organization of nations into regional economic blocs have made the business environment complex and continues to threaten the survival of many Kenyan businesses, according to a Nairobi-based Knowledge Centre. Sustainable Inclusive Business (SIB) – a partnership between the Kenya ...

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Kenya gears up for Sh100 million social enterprise contest

In September 2016, Whiskey Brand Chivas launched the third year of The Venture – a $1 million (Ks100 million) competition for aspiring social entrepreneurs in Kenya who want to succeed while making a positive impact on the lives of others. The launch of “Chivas – The Venture” follows a global report ...

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Magic stone that treats snake bites

A Kakamega based paramedic is introducing a new model of embracing indigenous medicine as a first step in combating snake bites in areas far away from medical facilities. Unpacking a personal experience, Oliver Aligula of Kakamega General Hospital confirms the efficacy of a locally sourced black stone in the treatment ...

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Peter Kuguru: The man who dared Coke

Peter Kuguru is known as the entrepreneur who tried to give soft drinks giant Coca-Cola a run for its money. He considers himself among Kenyan entrepreneurs who have endured harsh and crude business competition to stay afloat. His various subsidiaries are now worth Ksh1 billion In 1998, his carbonated drink ...

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Softa soda runs out of steam

Up for sale: Softa Bottling Company’s hard run against Coca-Cola fizzles out after hitting financial problems After two decades of battling soft drinks giant Coca-Cola for market share in Kenya, Softa Bottling Company has thrown in the towel. Mr Peter Kuguru, the founder of Kuguru Food Complex which owns Softa, ...

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Rising star of Samburu bead work

Ntushukwa Lekerpees, an IT graduate, turns traditional Samburu style into a thriving business Ms Ntushukwa Lekerpees, 21, sits under a shed beside a small storehouse in Maralal town. She chats and laughs with her customers, as she sews beads onto leather bracelets and wire ornaments. Donned in beaded jewellery and ...

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Multi-level marketing: Business of the future?

When ‘Multi-Level Marketing’ (MLM) is mentioned, what comes to mind is the sight of pushy sales people. With the highest unemployment rate of youth in East Africa and the cost of living ever rising, many Kenyans are looking for creative ways to generate income or to supplement their monthly income.  ...

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Sh1 million capital up for grabs

Sinapis, an entrepreneurship training programme, has announced the fourth round of the annual Business Plan Competition that will see the most compelling enterprise bag Ksh1 million in seed capital. The organisation seeks to support entrepreneurs with innovative, scalable business ideas by providing the business training and financing. The programme, which ...

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