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DEFINITIONS (Section 2) 1.1 “contribution” means monetary and non-monetary contribution including- domestic work and management of the matrimonial home; child care companionship management of family business or property; (See definition below) farm work; 1.2 “family business” means a business run for the benefit of the family and which generates income[…]
I have always heard of a place in Nairobi’s Eastlands known as Lucky summer. I had heard that there were some high rise flats and some people I know had invested there. All this was a myth until I went to value one of those flats. Let me give you[…]
Ever since Jane Wangui and her husband bought their home in Lower Kabete, Nairobi, it has been a cat-and-mouse game with the seller. For seven years, they have pursed the developer to hand over the land titles, to no avail. They have hired lawyers to follow up on the case,[…]
Description Cost per month Monthly total Cost per year Sub total Total Cumulative Initial cost 1a Purchase a “new” ex Japan car. 1,000,000 1b Install car tracking system, sound and rims 80,000 Running costs 2a Fuel of Ksh 500 per day to go to work and back 6 days[…]
First published in 2014 In year 2014 alone, several companies have closed shop or fired massive numbers of employees in Kenya. Colgate Cardbury’s Eveready Unilever Tata Chemicals Cooperative Bank In the Nyayo days, the IMF, World Bank and other international organizations would weigh in on the government to retrench civil[…]
Five years ago, I worked in Thika as a valuer. I wanted to be acquainted to all the developments in this fast growing town. One day I decided visit Thika Greens. Then, the only buildings in the compound was the site office and 3 model houses. Then ¼ acre plot[…]
Jane, (Not her real name) called me last week and told me that she had been referred to me by her elder brother for advice on real estate. Jane was very excited about the 3% mortgage and car loans that the Government is giving to public officers. In fact, when[…]
My people, the sons and daughters of Gikuyu and Mumbi are known to be super savers. Am sure we all have examples of men and women who are continuous savers and rarely get time to enjoy the money. Mr Kamau (not his real name) runs a successful business in Nairobi[…]
John (not his real name) has been my friend for many years and he shares with me about his investment plans. The other day he told me something that left me thinking about the future. John and his brother Peter are the only children of their single mother (call her[…]
A few years ago, there was a company that was tendering to transport university students from Nairobi to Machakos daily to attend classes. They had an interesting concept. While their competitors were looking for a 1 year contract, they wanted a 5 year contract after which they would surrender those[…]