Pyramid schemes seem to be back in fashion, with Russian fraudster Sergey Mavrodi having brought his Mavrodi Mondial Moneybox (or, MMM Global) to Kenya with a serious recruitment offensive. It’s as if Kenyans never learn! We’ve seen this before with Deci, where thousands of people lost billions of shillings. So … READ MORE
Road safety has been on the tip of our tongues and the top of our minds after a matatu (KCG 748M) serving the Ongata Rongai route crashed in late September killing four people on the spot and injuring six others. We protested online and offline, the NTSA, Ongata Line Transporters … READ MORE
The ride hailing/taxi app market in Nairobi, and the rest of Kenya, seems to be the in-thing right now for multinational and local organizations, attracting an ever-growing list of players – Uber, Little, Sendy, Mondo Ride, Taxify among others. The most dominant operator at the moment, Uber, seems to be … READ MORE
Mark Zuckerberg, the founder of Facebook, recently visited Kenya and Nigeria in what was his first visit to the continent. He hung out with start-up founders, spent time at hubs in both countries, walked (and jogged) around without security, ate with his hands, did not post white-saviour-type things on his … READ MORE
After 16 years and three failed attempts at passing a bill to cap interest rates in Kenya, former MP Joe Donde’s dream has now become a reality. This week, we take a look at the Banking Amendment Act 2015, what it has changed about our banking and financial industry, the … READ MORE