Bentalgya, one of the car model that is expected in the Kenyan market
after Transport firm Multiple Group recently appointed Nairobi-based
dealer of high-end car brand Bentley. FILE PHOTO | NMG
Bentley has shunned traditional advertising in the country.
The
firm says that one-on-one showings to prospective buyers at exclusive
car shows resonates better with its customers than marketing targeting
the public.
However, opportunities for niche marketing remain more limited in Kenya than in many other markets.
Do not try too hard to conform to the status quo or peer pressure. file photo | nmg
Summary
Not
being truly honest and open in the workplace can lead to bad
relationships or leave people feeling like they have to put on a façade,
which can be exhausting.
Being open will help those around feel comfortable enough to do the same.
Clients who feel they can identify with you are more likely to do business with you.
Counties
paid an annual wage bill of Sh96.4 billion by end of last year, a Sh1
billion more than the Sh95.4 billion that the national government paid
its employees.
Last year alone, the devolved units raised
salaries by an average of 17.6 per cent, pushing up average monthly wage
to Sh67,372, compared to the national government which awarded just 3.8
per cent to finish the year at an average monthly pay of Sh44,028.
Kenya
stands head and shoulders with its Icelandic and Irish banking
counterparts who have had executives accused of market manipulation and
fraud.
Some shareholders and executives of Imperial Bank and
Chase Bank have been taken to court by the Kenya Deposit Insurance
Corporation for corporate malfeasance.
However, these are civil
suits aimed at recovering the money and levying monetary penalties
rather than extracting criminal convictions for actions that have caused
manifest pain and suffering to both depositors and genuine borrowers.
Property
developer Home Afrika narrowed its net loss by over a half to Sh168.5
million by letting go of one-third of its staff and reduced its
directorship positions.
The layoffs which kicked off late 2015
saw the firm part with about 20 of its then 50 staff as management
sought to reel in expenses to combat dwindling revenues.
The firm also reduced the number of directors it had from about 30 to seven, cutting sharply its salaries and allowances bill.
The
permit allows U&I to widely market its five saving products as well
as its Fasta Fasta Loan, popular with second-hand clothes and other
importers of low cost items at the Mombasa port.
Bentalgya, one of the car model that is expected in the Kenyan market
after Transport firm Multiple Group recently appointed Nairobi-based
dealer of high-end car brand Bentley. FILE PHOTO | NMG
Do not try too hard to conform to the status quo or peer pressure. file photo | nmg
Last year, counties raised salaries by an average of 17.6 per cent, pushing up average monthly wage to Sh67,372. PHOTO | FILE 
Iceland and Ireland have jailed lenders’ executives for various financial malpractices. file photo | nmg
Home Afrika is listed on the Nairobi Securities Exchange. file photo | nmg
Central Bank Governor Patrick Njoroge. file photo | nmg
A customer picks a packet of Unga at a supermarket in Nyeri. Unga now retails at about Sh125. FILe photo | nmg