Author: Damaris Gatwiri

The joint receivers of TransCentury Plc are set to raise Sh2.2 billion through the sale of stakes in two subsidiaries as part of efforts to recover nearly half of the Sh4.8 billion the investment firm owes Equity Bank Kenya. TransCentury was placed under receivership by Equity Bank in 2025 after defaulting on the loan in 2023. The receivers, George Weru and Muniu Thoithi of PricewaterhouseCoopers (PwC), announced that they have signed agreements to dispose of the company’s interests in Tanelec Limited and Avery East Africa Limited, subject to the fulfilment of agreed conditions. Under the transaction, Tanzanian manufacturing firm Msufini…

The World Bank Group has added Sh588 billion in securitised future revenues and verified pending bills to Kenya’s public debt, indicating the country’s debt burden is higher than reflected in official government statistics. In its May 2026 Debt Sustainability Analysis (DSA), the World Bank said Kenya’s public debt-to-GDP ratio stood at 71.3 percent in 2025, up from the previously estimated 67.3 percent, after broadening the definition of public debt to include additional liabilities and financial obligations. The revised assessment incorporates three new elements into Kenya’s debt analysis: securitised future revenue streams, verified but unpaid pending bills, and proceeds from privatisation…

The Nairobi International Financial Centre (NIFC) has certified 15 new firms operating in financial services, fintech, artificial intelligence, healthcare, climate finance and investment management, in a move expected to attract more than US$200 million (Sh25.9 billion) in new investments into Kenya. The NIFC Authority said the newly admitted firms are projected to create more than 1,000 direct and indirect jobs, supporting the country’s efforts to position itself as a leading regional financial hub and attract international investors. The certified companies include Bupa Global Insurance Limited, Etica Capital Limited, Giraffe Bioenergy Limited, Valor (Valr) Capital Limited, ReportsAI Limited, Afrex Technologies Limited,…

The Kenya Civil Aviation Authority (KCAA) has extended the validity period of aircraft certificates of airworthiness from one year to two years, citing a shortage of safety inspectors and the growing number of aircraft operating in the country. The regulator said the change is aimed at easing pressure on its inspection teams while ensuring continued oversight of Kenya’s expanding aviation sector. Under the new arrangement, aircraft owners will be required to renew certificates of airworthiness every two years instead of annually. KCAA said the decision was necessitated by limited manpower, which has made it increasingly difficult to keep pace with…

The Grandmaster (GM) title is the highest title awarded to chess players by the International Chess Federation (FIDE), apart from World Champion. Becoming a Grandmaster requires exceptional skill, years of dedicated practice, and consistent performance in international competitions. Learning how to become a Grandmaster in chess can help you understand the path to achieving one of the game’s greatest honors. Learn the Fundamentals of Chess Start by mastering the basic rules, tactics, and principles of the game. A strong foundation will prepare you for more advanced strategies. Learn how each piece moves Study opening principles Practice basic checkmate patterns Train…

Financial advisors help individuals and businesses make informed decisions about saving, investing, retirement planning, insurance, and wealth management. In South Africa, becoming a financial advisor requires the right qualifications, industry experience, and compliance with regulatory requirements. Learning how to become a financial advisor in South Africa can help you build a successful career in the financial services industry. Obtain a Relevant Qualification Start by earning a qualification in a finance-related field. Degrees or diplomas in finance, accounting, economics, business management, or financial planning can provide a strong foundation. Complete a relevant diploma or degree Develop financial and analytical skills Build…

DJing is a popular career and creative pursuit in South Africa, with opportunities in clubs, festivals, radio, private events, and online platforms. Becoming a successful DJ requires musical knowledge, technical skills, consistent practice, and effective networking. Learning how to become a DJ in South Africa can help you build the experience and reputation needed to grow in the entertainment industry. Learn the Basics of DJing Start by understanding how DJs mix music, read a crowd, and create smooth transitions between songs. Learning the fundamentals will give you a strong foundation for your career. Study beatmatching and mixing techniques Learn different…

Dermatologists are medical doctors who specialize in diagnosing and treating conditions affecting the skin, hair, and nails. They also manage skin cancers, allergies, infections, and cosmetic skin concerns. Becoming a dermatologist in South Africa requires extensive medical education, clinical training, and specialist registration. Learning how to become a dermatologist in South Africa can help you prepare for this challenging and rewarding medical career. Complete Your National Senior Certificate Begin by obtaining a National Senior Certificate (NSC) or an equivalent qualification with excellent results. Strong performance in Mathematics, Physical Sciences, and Life Sciences is usually required for admission to medical school.…

Dentistry is a respected healthcare profession that focuses on preventing, diagnosing, and treating diseases and conditions affecting the teeth, gums, and mouth. Becoming a dentist in South Africa requires years of academic study, practical clinical training, and professional registration. Learning how to become a dentist in South Africa can help you prepare for a rewarding career in oral healthcare. Meet the University Admission Requirements Begin by completing your National Senior Certificate (NSC) or an equivalent qualification with strong results. Most universities require good marks in Mathematics, Physical Sciences, and Life Sciences. Complete Grade 12 or an equivalent qualification Achieve competitive…

Members of the National Assembly Departmental Committee on Trade, Industry and Cooperatives have called for stronger safeguards in the proposed law governing Savings and Credit Cooperative Societies (SACCOs), saying the legislation should protect members’ savings without creating unnecessary bureaucracy. The committee, chaired by Bernard Shinali, met officials from the SACCO Societies Regulatory Authority (SASRA) to deliberate on the proposed Sacco Societies (Amendment) Bill, 2025, which seeks to strengthen the regulation of SACCOs and enhance the protection of members’ savings. During the meeting, legislators cautioned against introducing excessive administrative requirements that could complicate the operations of SACCOs. They noted that SACCOs…

British beverage giant Diageo has appointed John Musunga as its Managing Director for Africa, effective July 1, as the company advances plans to dispose of its controlling stake in East African Breweries Plc (EABL). Musunga, who most recently served as Managing Director for Diageo’s South, West and Central Africa business, will oversee the company’s operations across the continent from Nairobi after relocating from London. His appointment comes as Diageo pursues the sale of its 65 percent shareholding in EABL to Asahi Group Holdings in a transaction estimated to be worth about Sh300 billion. Musunga joined Diageo in 2021 as Managing…

Rock Investment Bank has acquired a 60 percent stake in investment management firm Nabo Capital from Centum Investment Company, taking majority ownership in a deal aimed at strengthening the firm’s growth and expanding its presence in Kenya and the wider region. The transaction leaves Centum with a 40 percent shareholding, meaning Nabo Capital will no longer be treated as a subsidiary of the investment company but will instead be accounted for as an associate. The financial value of the acquisition was not disclosed. Centum said the partnership brings together Nabo Capital’s investment management expertise and Rock Investment Bank’s capital markets…

Data analysts help businesses make informed decisions by collecting, organizing, and interpreting data. As more organizations rely on data-driven strategies, the demand for skilled data analysts continues to grow across industries such as finance, healthcare, retail, telecommunications, and government. Learning how to become a data analyst in South Africa can help you build the knowledge and practical skills needed for this rewarding career. Earn a Relevant Qualification Begin by obtaining a qualification in a field related to data analysis. Common study areas include data science, statistics, mathematics, computer science, information technology, economics, or business analytics. Complete a diploma or bachelor’s…

A chiropractor is a healthcare professional who diagnoses and treats conditions affecting the muscles, joints, and spine, often using manual techniques to improve movement and reduce pain. Becoming a chiropractor requires formal education, clinical training, and professional registration in accordance with your country’s regulations. Learning how to become a chiropractor can help you prepare for a rewarding career in healthcare. Complete Your Secondary Education Start by obtaining the qualifications required for admission to a chiropractic program. Strong performance in science subjects is often beneficial. Complete secondary school or an equivalent qualification Focus on biology and physical sciences Meet university admission…

A Chief Financial Officer (CFO) is a senior executive responsible for managing an organization’s financial strategy, budgeting, reporting, and long-term financial planning. Becoming a CFO requires a combination of education, professional experience, leadership skills, and financial expertise. Learning how to become a Chief Financial Officer can help you prepare for one of the most important leadership roles in an organization. Earn a Relevant Degree Start by obtaining a bachelor’s degree in a finance-related field. Common qualifications include finance, accounting, economics, business administration, or commerce. Complete a bachelor’s degree Build strong analytical skills Develop a solid understanding of financial management Gain…