SME WATCH; 24TH NOVEMBER 2023
How e-commerce can help buyers manage cost of living.
People Daily
Maurine is a single mother in Githurai 45. She runs a small beauty salon. She shops at a local kiosk 2-3 times per week. She spends 40 per cent of her income on groceries (about Sh2,000 per week). After rent, school fees and transport, there is little left.
For reference, the average American household spends six per cent of their income on groceries.
Electronic tax invoice tool could hit ‘hustlers’ hard
Business Daily
The government finds itself unenviably squeezed between a rock and a very hard place.
Looming debts to repay, rising costs of living, war in Europe and Middle East and a shilling that is depreciating faster than my physics marks in high school.
As a result, it has introduced tax changes to try and increase revenue.
Childhood friends turn passion into a thriving tour company.
Business Daily
What started as a childhood passion, has now turned into a thriving enterprise for two childhood friends. Mr Pancras Karema and Lawrence Gitonga are the co-founders of Expeditions Maasai Safaris; a tour company based in Ngara, Nairobi.
Karema says the company currently has over 50 employees, including drivers, guides, tour consultants and administrative staff.
“The idea of starting a tour company was born when we were in college. We both shared a passion for the beauty of Kenya since our childhood days, having grown up near the Mt Kenya Forest, where we used to sneak out for adventure," says Karema, who is the CEO of the company. His friend, Mr Gitonga is the managing director.