Real estate ready for tech disruption but mindsets need to shift

Real estate ready for tech disruption but mindsets need to shift

In building and construction, the tide of change driven by innovation has been slowly permeating the fastest growing industry in the country.

By KEN MACHARIA

While most major sectors of the economy have experienced significant disruption occasioned by technology and new platforms, the construction and real estate sector has been slow to adapt to new innovative technologies, not just in Kenya, but globally.

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The fate of Kenya lies with the electorate

The fate of Kenya lies with the electorate

Players must collaborate to strengthen the three pillars upon which the industry stands: talent development, access to capital and an enabling policy environment.

By DAISY AMDANY

It is unfortunate that elections in Kenya have become synonymous with a tribal roll call. Kenyans don’t understand the importance of a vote in terms of guaranteeing or securing their livelihoods. People have sold their birthright and accountability dies on the altar of tribalism. I feel that if my tribesperson wins, I have won, never mind that when problems arise, we suffer as a people. The minute my tribesperson is accused of corruption, we say, “We are being finished.” Yet these people steal for personal gain.

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CHANGING LIVES one girl at a time

CHANGING LIVES one girl at a time

Joseph Gichunge, Director, Jazza Centre, is in the business of training domestic managers and leasing them to households. He narrates his story to SAMMI NDERITU.

In 2013 and having just become parents, my wife, Leah and I were having challenges getting a domestic manager (DM). It was frustrating as we kept changing one after the other. We wondered if there was a place that trained them so that we could get a professional one who was ready to work. I started looking at the business model of security guards’ companies and got an idea. What if someone could bring the girls together, train them and lease them out?’ I imagined a situation where I could provide such a quick solution. This kind of thinking gave birth to my business, Jazza Centre.

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Tales of a young, aspiring WOMAN POLITICIAN

Tales of a young, aspiring WOMAN POLITICIAN

Sandra Belyon is a 30-year-old aspiring politician. She hopes to be the next Woman Representative of Kericho County. She previously declared her interest in the Kericho Senatorial by-election of 2016.

By SANDRA BELYON

I am happy to be among those women who have chosen the road less travelled. World over, there is a rising momentum encouraging and ensuring active participation and leadership of youth and women politics, especially within local government structures.

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How IT expert launched luxury fashion START-UP

How IT expert launched luxury fashion START-UP

Aprelle Duany describes herself as a nerd who adores fashion. Previously, an IT Auditor for one of the Big Four accounting firms in New York, she has degrees in Information Technology, media, as well as fashion. She pulls from her technical experience and approaches design and development from a problem-solving perspective.

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Women should take these STEPS TO GROW

Women should take these STEPS TO GROW

Say “yes” to opportunities, then look for somebody who has succeeded to help you through a steep learning curve.

By SARAH RICHSON

Coaching and mentorship is increasingly becoming one of the most profound ways of developing and supporting female leaders, especially within Africa. There is currently a clear indication that women who choose to be coached and mentored rise much faster up the career ladder, showcasing excellent performance in their jobs. Both interventions work alongside the traditional interventions such as training and practical methods that aid personal and professional growth.

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Towards a hallmark of innovation

Towards a hallmark of innovation

By KRIS SENANU

Last week, I had to re-new my insurance premiums and the journey begun from a call with the broker who asked that I take the car for valuation, after which he would send me the report. I would then be required to fill in some new forms, send the payment and wait another 48 hours to get my new sticker! This got me thinking about how very little has changed about insurance since I bought my first car 22 years ago. Actually, the only difference in the process is that my assistant is now able to pay using mobile money as opposed to queuing at the bank. If anything, the certificate was actually processed on the same day but the paper work seems to be a constant, or even more.

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How to execute a new strategy

How to execute a new strategy

By FRANCIS FONDO

Even at this day and age, many organisations view the launch of a strategic plan as an end to itself. There is normally pomp and celebrations during the launch where the full board, management and staff including, shareholders are in attendance. After the celebrations, everything is left to management to implement. Everyone else retreats to their cocoon hoping results will flow automatically.

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The dilemma of managing four generations in the workplace

The dilemma of managing four generations in the workplace

By TABITHA AREBA

For productivity to be alive and well in any organisation, there are some key factors that employers need to focus on.

There is a new problem at the workplace and it has nothing to do with salary increment, flexible working hours or downsizing. For the first time in the corporate world, four generations are working together and they seem to have fundamental differences in the way they look at things. We have the Baby Boomers, Generation X, Generation Y and Generation Z. With this reality, there is a huge dilemma on how businesses can ensure optimal productivity. The 2016 KIM Corporate Breakfast brought together HR experts to look into this dilemma and how to get it right. In Kenya for example, 75 per cent of the population is below the age of 35 years, meaning that policies and processes in most organisations suit only 25 per cent of the population.

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Interest rate capping: Will it work in Kenya?

Interest rate capping: Will it work in Kenya?

Once the law comes into force, interest rates will drop to a maximum of 14.5 per cent given the CBR’s current standing at 10.5 per cent.

By MICHAEL WACHIRA

Kenya has 42 commercial banks, but the six largest ones popularly known as Tier One control 52.4 per cent of the entire industry. This leads to only a few banks controlling the market, just like any other economy across the globe. Banks act as middlemen through whom we deposit monies and get advances and loans. They make money from the differences between the rate which they pay the depositors and the one they charge the borrower. This difference is called the interest rate spread.

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