Darius asked me how the Kenyan scene was in terms of Angel financing. According to Wiki, an Angel Investor is is an affluent individual who provides capital for a business start-up, usually in exchange for convertible debt orownership equity. Well, opportunities for an Angel to invest are boundless, the question is if the investors are available in Kenya.
Read MoreIt is fair to say not all of us are created entrepreneurs. Some (most) of us are better off managing other people’s businesses and the thought of the responsibility and stress in running our own businesses isn’t worth it at all. Other than stocks, how can these people make their money work for them? There are many investment options out there, but for the individuals…
Read MorePic courtesy of Flickr If you are a mass customer you had better get used to queues and congestion. Whether it is in retail, banking, telephony or travel: you will often be treated no better than cattle. You will stand around in long lines for hours, or hang on incessantly for an operator; you will sit on hard, tiny, uncomfortable seats; you will have your…
Read MoreI’m indeed honoured to have the first guest post on here by Kaboro. Enjoy! Kenyan’s are a peculiar lot. This was said by Michael Joseph, CEO Safaricom, and his words have now been (in) famously entered into the annals of Kenya’s favorite statement history. Now, to put it into context; Kencell vs. Safaricom, tarrif battles circa 2003… Safaricom was behind Kencell in subscriber numbers. Quotes…
Read MoreThis question in the Kenyan context will generate no brainer answers such as, ‘so I’m no longer employed’, ‘to make a little cash on the side’ ‘well, my neighbour opened a clothes exhibition and he just bought a new car, he must be doing well, that’s where the money is!” If you look at Wall Street (which for a long time was a ‘good example’…
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