Business and Money Lessons

Here’s a snapshot of business news in Kenya on Sunday, May 10 th , 2020. 1.      African Countries in Need of Debt Waiver While Facing Covid-19 Crisis The Daily Nation reports that Kenya owed Sh 3.1 trillion to foreigners by the end of December 2019, and the debtors require dollars to pay them off. If creditors insist on debt repayment during this pandemic period, African countries may have to offer their assets, including arable land. 2.      Couple Opens Grocery After Covid-19 Shuts Their Events Planning Business The Daily Nation tells the story of Moses and Julie Chege, a married couple selling fresh produce as a survival strategy after the new coronavirus disease (Covid-19) outbreak. Their events’ planning business died as soon as President Uhuru Kenyatta announced Kenya’s first case of Covid-19 and the government cancelled all social gatherings. 3.      A Side Hustle Farming 11,000 Tilapia and Catfish The Daily Nation carries the story of a farmer wh

If you're evaluating which business to start between two or more options, one aspect you may consider is the potential future growth of the business. Depending on the starting capital required and inventory turnover, you might find that a low-profit business offers greater growth potential than a high-profit business. Evaluate your options using this calculator (the calculator may take a few seconds to load): This calculator only provides general information. It's not intended to give specific advice or recommendation. Loading…