Most Profitable Investment In Kenya

Most Profitable Investment In Kenya – JUMO, a technology company building next-generation financial services for emerging market entrepreneurs, has appointed Kenya’s former ICT Minister Joe Mucheru as its chairman.

The Enwealth Fanisi programme, a scholarship initiative led by Enwealth Financial Services, this year marked a new milestone by announcing more than 300 fully qualified students…

Most Profitable Investment In Kenya

The financial situation of Standard Group is worse for the week. While the employees are used to the late payments, the reality starts to hit: day by day, they become more and more broke.

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Josef Seibel, founded in 1886 in Haunstein, Germany, targets Kenya’s expanding middle and upper class consumers with shoe brands that meet European comfort standards.

Amos Kiprotich Keter is the newest millionaire in town after winning Ksh 3.4 million on Odibets. Amos played the Aviator game in the Casino…

Gachagua pushes the county governments in the Mt. Kenya is reducing the number of licensed entertainment establishments that allow them to operate late at night, as opposed to the usual bar license that requires them to close at 11pm.

At the heart of the controversy is whether assets in divorces should be divided on a 50-50 basis or on the basis of individual contributions to their acquisition. Article 45 (3) of the constitution does not require that the division be on a 50:50 basis or provide a mathematical formula for the division of marital property.

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East African Breweries PLC (EABL) reported net sales of Ksh 57.3 billion for the half year ended December 31, 2022, representing 4%…

Odhiambo was appointed CEO of KCB Bank Rwanda in 2017 and in April 2022 was in charge of BPR Bank Rwanda Plc – the unit formed by the merger of KCB Rwanda and Banque Populaire du Rwanda (BPR).

302 bright but disadvantaged students received scholarships through the Family Group Foundation’s Tufuzu na Elimu programme. The fund spends Ksh 60 million to service tuition fees,…

KenGen Dividend: Kenya Power Generation Company PLC (KenGen) will pay a total of Ksh 1.32 billion in dividends to its shareholders for the year ending June 30, 2022.

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Adil Arshed Khawaja (MBS) has been elected as the chairman of the board of Safaricom with effect from Thursday 26 January 2023. Khawaja is a supporter of…

Even as the holiday season comes to an end and the responsibilities of the New Year begin, GOtv customers still have reason to celebrate as more entertainment comes.

After a long period of silence, the Media Council of Kenya (MCK) has taken action to address the constant harassment of people posing as journalists to gather news events, making the print be worn.

A lucky man in Naivasha, Nakuru County is the newest millionaire in town after winning Ksh 1.6 million on Odibets. Mr. Martin Wafula, who works…

A Quick Guide To Investing In Kenya

Is the leading independent news organization in Kenya, recognized nationally for its authority, professionalism and accuracy. It offers a wide range of news, information and services to the professional and business community. Being a young adult and being broke is a bad time as you have to find sly ways to earn money from family and friends.

In Kenya, most new graduates are busy walking from office to office, leaving their login credentials and walking in and out of the interview room without good news.

Look, you can do better than chasing blue collar jobs that make you a slave to your own decisions. You can also consider other jobs outside the office, jobs that pay very well and you can be the boss, jobs in which you feel comfortable.

Most of the small and emerging towns in Kenya do not have decent and affordable entertainment venues. Opening an entertainment outlet where people will organize parties, events that charge a fee and have an indoor foyer obviously work. The expenses needed to be served would be to pay rent, permits and possibly a flight attendant.

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Many Kenyans are used to writing websites, especially university students and recent graduates. Writing websites pay well, especially if the owners are aggressive writers. Young people can start blogging and do online work for their clients for a negotiable fee.

Many Kenyans are gamers, which means that gaming centers are always full and sometimes fully booked. Young people can save and buy play equipment, find a strategic location and establish a play center. Students on campus love to play games and setting up a gaming station outside the school gates would be a perfect attraction.

All that is required is an initial capital of not more than Ksh 100,000 and a house with a shop where you will run your business. Selling items such as sugar, rice, sweets, cereals in bulk and at wholesale prices will not let you down, because as we all know, there are many high school entrepreneurs who demand goods in mass for sale for mwananchi in general.

Look, investing in the Nairobi Stock Exchange (NSE) is not for the rich and powerful in Kenya. There are shares as cheap as sh300 that you can buy in bulk and sit and watch your money grow although this is not guaranteed as the economy is volatile right now, the stock market is one of the biggest opportunities.

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Agriculture is the backbone of our country and with food insecurity on the rise, smart agriculture is the only savior for the already struggling agricultural industry. Young people who engage in agriculture can go further in the green housing sector, because they allow you to grow throughout the year, regardless of the weather, with precise and huge profits.

Car washing is not just everyone’s job… actually many people have car wash shops, but they don’t really meet the needs of the customers. The car wash business requires a dedicated and trained team that meets all the specialized washing needs of their customers and puts a smile on their face.

There are many young people who love taking care of children… why not make money from it?

On the other hand, there are many working mothers who cannot accompany their children to work and have to take care of them, but cannot hire a nanny. Now that’s where you come in handy. All you need is a spacious room(s) with a collection of toys for children.

Top 20 Most Profitable Farming Ventures In Kenya

There is a huge deficit in the cleaning sector where the cleaning service providers are much lower than the customers, so they venture into the commercial or residential cleaning or cleaning sector. This requires working in a team of about 5 to 10 people and in the first place the money needed to buy cleaning equipment cannot be raised by a single person, so a team will work perfectly here.

Many Kenyans prefer mixed and raw juices to other industrially produced juices full of additives. Starting a fruit and juice production business and setting up in a strategic location will obviously sell a lot.

The other investment opportunities mentioned above may require more money than you may have, but just establish a Chama of about 5-10 people and collect money, start a business of your choice and share the profit, or if you want to go it alone, banks lend, borrow and start business… it’s that simple.

Help you save time and live more with the most up-to-date listings, guides, reviews and tips. Anyone who works or lives in the expatriate community plans to return to their homeland to invest their hard earned income. However, this can be a challenge as they will be away most of the time and will not be able to monitor their investments growing in reality.

Top 12 Businesses To Start With 20k In Kenya

Others fear being scammed by people who leave in charge, but beyond that, there are many lucrative investments that can be made, especially in the very profitable real estate sector.

And while some people think that real estate is only about houses, it also involves land that can be used in many ways to generate great profits or income.

If you live in the Diaspora, one of the most lucrative ways to invest and use your property is to develop property on your land, which you can then rent to people who pay you monthly to occupy it. This can take the form of rental housing and commercial buildings for which demand is currently increasing.

With this investment, your tenants will only transfer money to your account even if you continue to work abroad. This would only require one person to occasionally visit the properties when they are in the country.

Is A Garage A Good Investment In Kenya?

Another investment that you can skip is the business of buying and selling land. This requires little supervision, except for a fence to mark the border of your land. This investment allows you to return and continue your work when the price of your land increases. Six months is enough for land prices to go up, depending on the demand in a particular area, and with this you can get a higher profit.

While it is far away, you can also rent it

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