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	<title>Business &#8211; whownskenya</title>
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<site xmlns="com-wordpress:feed-additions:1">210419810</site>	<item>
		<title>Ksh 800 Million Urgently? No Problem! &#8211; How The Aworis Raised Whooping Amount To Rescue Grace Wakhungu From Jail</title>
		<link>https://whownskenya.com/ksh-800-million-urgently-no-problem-how-the-aworis-raised-whooping-amount-to-rescue-grace-wakhungu-from-jail/</link>
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		<dc:creator><![CDATA[WoK Press]]></dc:creator>
		<pubDate>Tue, 02 Jun 2026 09:45:10 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<guid isPermaLink="false">https://whownskenya.com/?p=60564</guid>

					<description><![CDATA[In summary After Grace Wakhungu was convicted by the anti-corruption court over a Ksh 300 million maize scandal, her family members quickly outdid themselves and raised over Ksh 800 million. Then 79 years old, Wakhungu had been sentenced to 69 years in prison or pay a Ksh 707.7 million fine. Were it not for the [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>In summary</p>
<ul>
<li>After Grace Wakhungu was convicted by the anti-corruption court over a Ksh 300 million maize scandal, her family members quickly outdid themselves and raised over Ksh 800 million.</li>
<li>Then 79 years old, Wakhungu had been sentenced to 69 years in prison or pay a Ksh 707.7 million fine.</li>
</ul>
<p>Were it not for the family&#8217;s deep pockets, Grace Wakhungu could have found herself behind bars at Lang&#8217;ata Women&#8217;s Prison. But the family quickly coordinated a fundraiser, both locally and abroad and raised over Ksh 800 million.</p>
<p>&#8220;In fact, we outdid ourselves by raising close to Ksh 800 million, being contributions from family members through the sale of assets locally and abroad, personal savings and silent fund drives by friends,&#8221; a family source was quoted.</p>
<p>Grace Wakhungu, was initially found guilty of a Ksh 300 million maize importation fraud that saw the National Cereals and Produce Board (NCPB) lose millions. Through Erad Supplies and General Contractors, Wakhungu and co-accused John Waluke were accused of inflating payments and use of forgeries to defraud NCPB.</p>
<p><strong>Mood Awori makes Ksh 135 million contribution.</strong></p>
<p>This is how the Aworis raised the money:</p>
<p>Former Vice President <a href="https://whownskenya.com/moody-awori-vice-president-who-ensured-prisoners-were-treated-with-dignity-his-rich-legacy/">Moody Awori</a> and family made a cool Ksh 135 million contribution while Mary Okello, the director of Makini School wired Ksh 28 million.</p>
<p>The family of Grace Wakhungu raised Ksh 197 million, while Dennis Awori, <a href="https://whownskenya.com/the-aworis-the-family-where-all-the-children-were-highly-successful/">a former ambassador of Kenya to Japan</a> channeled Ksh 15 million.</p>
<p>A nephew to Grace Wakhungu made a Ksh 100 million donation.</p>
<p>Aggrey Awori, a politician and former MP in Uganda wired Ksh 41 million.</p>
<p>The families of deceased brothers Hannington Awori and Prof Nelson Awori channeled Ksh 93 million.</p>
<p>Additionally, a funds drive by Wakhungu&#8217;s family members locally and abroad generated a cool Ksh 236 million.</p>
<p>Christine Hayanga, Henry Awori, Willis Awori and Ernest Awori contributed a total of Ksh 54 million.</p>
]]></content:encoded>
					
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		<post-id xmlns="com-wordpress:feed-additions:1">60564</post-id>	</item>
		<item>
		<title>Desterio Oyatsi: Billionaire Lawyer With a Ksh 1.8 Billion Stake at NCBA</title>
		<link>https://whownskenya.com/desterio-oyatsi-billionaire-lawyer-with-a-ksh-1-8-billion-stake-at-ncba/</link>
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		<dc:creator><![CDATA[WoK Press]]></dc:creator>
		<pubDate>Sat, 30 May 2026 08:17:49 +0000</pubDate>
				<category><![CDATA[Board Of Directors]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Shareholders]]></category>
		<category><![CDATA[Richest lawyers in Kenya]]></category>
		<guid isPermaLink="false">https://whownskenya.com/?p=60562</guid>

					<description><![CDATA[In summary -Oyatsi has been a lawyer for over 40 years and is the Deputy Group Chair of NCBA where he has 21.7 million shares valued at around Ksh 1.8 billion. Desterio Oyatsi is a man who has built his empire through the sharp knitting of legal and business acumen. Legal Career  Oyatsi studied law [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>In summary</p>
<p>-Oyatsi has been a lawyer for over 40 years and is the Deputy Group Chair of NCBA where he has 21.7 million shares valued at around Ksh 1.8 billion.</p>
<p>Desterio Oyatsi is a man who has built his empire through the sharp knitting of legal and business acumen.</p>
<p><em><strong>Legal Career </strong></em></p>
<p>Oyatsi studied law at Oxford University then proceeded to Kenya School of Law for his postgraduate diploma. For over four decades, he has served as an advocate of the high court, and is a managing partner at Shapley Barret &amp; Co. Advocates. It is among the oldest law firms in Kenya.</p>
<p>Oyatsi represented former President Uhuru Kenyatta at the Hague. When serving as the Deputy Prime Minister, Uhuru also tasked Oyatsi with suing the Star Newspaper for alleged defamation.</p>
<p><em><strong>Mining, Banking &amp; Hospitality interests</strong></em></p>
<p>Oyatsi has accumulated his wealth through lucrative corporate interests.</p>
<p>Between 1998 and 2002, he served as the director for the Capital Markets Authority where he was tasked with laying the regulatory framework. At the same time, he worked as the director for Telkom Kenya and a commissioner for Kenya Law Reform Commission.</p>
<p>He also served in the Kenol Kobil board and worked as the chairman of the Commercial Bank of Africa between 2012 and 2020.</p>
<p>Currently, Oyatsi chairs the Base Titanium Limited, the country&#8217;s largest mining project. He was pivotal in initial negotiations and resettlement that paved way for the project. This underscored his skills in community interests&#8217; advocacy in such sensitive projects where deadly disputes have previously prevented implementation of such ventures.</p>
<p>Oyatsi plays a leading role at Musiara Limited, part of Wilderness Holdings, which manages high-end safari properties.</p>
<p>As a man who wears many hats, he serves as the Deputy Group Chair of NCBA where he has 21.7 million shares valued at around Ksh 1.8 billion.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">60562</post-id>	</item>
		<item>
		<title>The Rise And Fall of Mama Harris: How Bungoma&#8217;s Wealthiest Businesswoman Lost Her Empire</title>
		<link>https://whownskenya.com/the-rise-and-fall-of-mama-harris-how-bungomas-wealthiest-businesswoman-lost-her-empire/</link>
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		<dc:creator><![CDATA[WoK Press]]></dc:creator>
		<pubDate>Sun, 24 May 2026 15:43:53 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Amina Moghe]]></category>
		<category><![CDATA[Mama Harris]]></category>
		<category><![CDATA[Richest person in Bungoma]]></category>
		<category><![CDATA[Sarah Hersi]]></category>
		<guid isPermaLink="false">https://whownskenya.com/?p=60537</guid>

					<description><![CDATA[In summary -Long before the likes of Jadelica and Five Star Autospares became the talk of town, there was Mama Harris, the proprietor of New Nyanza Supermarket &#8211; she &#8216;owned&#8217; Bungoma. -Sarah Hersi&#8217;s investments in Bungoma are second to none. She was arguably the richest person in the whole county, before the painful collapse of [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>In summary</p>
<p>-Long before the likes of Jadelica and Five Star Autospares became the talk of town, there was Mama Harris, the proprietor of New Nyanza Supermarket &#8211; she &#8216;owned&#8217; Bungoma.</p>
<p>-Sarah Hersi&#8217;s investments in Bungoma are second to none. She was arguably the richest person in the whole county, before the painful collapse of her empire.</p>
<p>***</p>
<p>The name Sarah Hersi may not ring a bell to a majority of Bungoma residents, but talk of Mama Harris, her alias and everybody will tell you of how she &#8216;owned&#8217; the whole town.</p>
<p>She had multimillion investments in retail, real estate, energy and logistics sector. However, she saw her businesses sink; and auctioneers came knocking.</p>
<p>Here is the story as told by WoK</p>
<p><em><strong>Wealthy partner</strong></em></p>
<p>Mama Harris is of Somali descent. Her family moved and settled in Bungoma at around 1956. She was in a relationship with a wealthy businessman named Sigalame who made fortunes by smuggling coffee to Uganda. By extent, she reaped from this relationship, while Sigalame himself dwindled.</p>
<p>According to Amina Moghe, who is the daughter of Mama Harris, their family started out by selling fast moving goods in Bungoma.</p>
<p>&#8220;After Kenya got independence from the British in 1963, a lot of Indians started leaving the small towns for bigger cities. In the process, they abandoned most of their shops to locals. Because my mother was well known in Bungoma town, she was one of the recipients of these shops,&#8221; says Amina Moghe.</p>
<p>They began selling sugar, wheat flour and salt. Mama Harris then began distribution business and would go into villages and buy produce which she would sell in town.</p>
<p><em><strong>The booming &#8217;80&#8217;s</strong></em></p>
<p>The 80&#8217;s was a boom for the tycoon as she set up her first hardware shop. With humble beginnings, the hardware would soon be overwhelmed with customers. Hersi used the windfall to invest in real estate in Nairobi.</p>
<p>Given the fact that Uganda&#8217;s economy wasn&#8217;t doing well at the time, she seized the opportunity and ventured into cross-border business. As Uganda&#8217;s industries were in shambles, she made millions supplying various products including cement.</p>
<p><em><strong>Building an empire</strong></em></p>
<p>With the multimillion fortunes, Mama Harris built the wealthiest empire in Bungoma. Her investments include:-</p>
<ul>
<li>Fleet of lorries</li>
<li>New Nyanza Supermarket</li>
<li>Moghe Plaza:- the building housing Safaricom and KRA</li>
<li>Petrol stations</li>
<li>Rental apartments</li>
<li>Mt Elgon Hardware</li>
<li>Building hosting Cooperative Bank, Equity, KWFT</li>
</ul>
<p><em><strong>Collapse of an empire</strong></em></p>
<p>While no reports are available on how Mama Harris lost a big chunk of her fortunes, it is said that her woes started when her assets were put on auction due to various debts.</p>
<p>She is also said to have been conned by politicians who promised her multibillion tenders including the SGR.</p>
<p>Various locals hint that her cross-border businesses also went south.</p>
<p>However, her daughter Amina Moghe is currently the richest woman in Uganda and owns a mall in Kampala and a sugar factory.</p>
<p>&nbsp;</p>
]]></content:encoded>
					
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		<post-id xmlns="com-wordpress:feed-additions:1">60537</post-id>	</item>
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		<title>Samuel Kibathi: The Kind-hearted Tycoon Who Made Millions Manufacturing Zippers Before Establishing Gretsa University, Sagret Hotels</title>
		<link>https://whownskenya.com/samuel-kibathi-meet-the-kind-hearted-tycoon-who-founded-gretsa-university-sagret-hotels/</link>
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		<dc:creator><![CDATA[WoK Press]]></dc:creator>
		<pubDate>Sat, 23 May 2026 16:10:08 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Gretsa University owner]]></category>
		<category><![CDATA[Samuel Kibathi]]></category>
		<guid isPermaLink="false">https://whownskenya.com/?p=60530</guid>

					<description><![CDATA[In summary -Kibathi was so kind-hearted that he once bought a 9 acre piece of land through auction, but he gave it back to the troubled family, without any conditions. Have you ever realised that the acronym of the names &#8216;Gretsa&#8217; and &#8216;Sagret&#8217; are more less the same. This is because the founder, Samuel Kibathi [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>In summary</strong></p>
<p>-Kibathi was so kind-hearted that he once bought a 9 acre piece of land through auction, but he gave it back to the troubled family, without any conditions.</p>
<p>Have you ever realised that the acronym of the names &#8216;Gretsa&#8217; and &#8216;Sagret&#8217; are more less the same. This is because the founder, Samuel Kibathi dearly loved his wife, Margaret Kibathi hence incorporated her name into these investments.</p>
<p>Gretsa is simply derived from the name Margaret and Samuel.</p>
<p>But who was Samuel Kibathi and how did he build his multimillion investments?</p>
<p><strong>Humble background</strong></p>
<p>The late Samuel Kibathi was an ex British American Tobacco who resigned from his role, to the surprise of his friends. He worked as a maintenance electrician but called it quits in order to rear chicken.</p>
<p>Talking of humble beginnings, he didn&#8217;t even have a proper structure. In fact, the roofing of this project was made of polythene. When the chicken began laying, he would use his bicycle to sell the eggs in Ruiru.</p>
<p>In the early 60s, he used the profit from his agricultural venture to buy land in Nakuru.</p>
<p><strong>Moving to Nairobi </strong></p>
<p>Between 1964-1969, he worked as farm manager in a co-owned venture. He then established Fallow Dry Cleaners in Nakuru.</p>
<p>The enterprising Kibathi then moved to Nairobi and incepted a zipper manufacturing company. It was named Pigeon Slide Zippers and at its peak had 200 employees.</p>
<p>During this time, second hand clothes were not the norm, hence the boom in business. There was a big demand for the zippers from Nairobi tailors. However, his venture closed shop in 1984 after the rapid influx of mitumba which pushed the business to a halt.</p>
<p><strong>Establishing Gretsa University</strong></p>
<p>In 1990, the enterprising Kibathi bought a 5 acre piece of land which would be used to build Gretsa University. It was until 2006 that the institution admitted its first 6 students.</p>
<p>The reason he incepted Gretsa University was because of the need for Kenyan students to access quality education, without being &#8216;culturally displaced&#8217; as would be the case if they studied abroad.</p>
<p>&#8220;My father wasn’t happy with the type of education Kenyans were getting from private universities abroad. After sacrificing a lot to send them abroad for studies, parents got children who were culturally displaced. This made him start a university, an option for such parents, locally,&#8221; says son Humphrey Mwaura.</p>
<p><em><strong>Sagret Hotels</strong></em></p>
<p>Kibathi diversified into the hospitality sector and opened Sagret Nairobi on River Road in 1981, and followed it up with Sagret Equitorial in 1985 in Milimani.</p>
<p>He then expanded out of Nairobi to Thika where he established another hotel, Thika Farmer’s Hotel.</p>
<p><em><strong>Death</strong></em></p>
<p>Samuel Kibathi died in October 2011 while receiving treatment in India. His estate is currently managed by the larger Kibathi family.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">60530</post-id>	</item>
		<item>
		<title>Emirates NBD Business Support Package; A Vital Lifeline for Dubai&#8217;s SMEs &#8211; My Review</title>
		<link>https://whownskenya.com/emirates-nbd-business-support-package-a-vital-lifeline-for-dubais-smes-my-review/</link>
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		<dc:creator><![CDATA[Fidel Areri]]></dc:creator>
		<pubDate>Tue, 14 Apr 2026 08:34:19 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Dubai]]></category>
		<category><![CDATA[UAE]]></category>
		<guid isPermaLink="false">https://whownskenya.com/?p=60503</guid>

					<description><![CDATA[Rating: ⭐⭐⭐⭐⭐ (5/5 Stars) Amid the ongoing conflict between the United States, Israel and Iran, Small and Medium-sized Enterprises (SMEs) in Dubai have found themselves facing imminent pressure to stay afloat. Recognizing this critical need, Emirates NBD, one of the region’s largest banking groups, has introduced a timely and strategic intervention: the Business Support Package designed to [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>Rating: <img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2b50.png" alt="⭐" class="wp-smiley" style="height: 1em; max-height: 1em;" /><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2b50.png" alt="⭐" class="wp-smiley" style="height: 1em; max-height: 1em;" /><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2b50.png" alt="⭐" class="wp-smiley" style="height: 1em; max-height: 1em;" /><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2b50.png" alt="⭐" class="wp-smiley" style="height: 1em; max-height: 1em;" /><img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2b50.png" alt="⭐" class="wp-smiley" style="height: 1em; max-height: 1em;" /> (5/5 Stars)</strong></p>
<p>Amid the ongoing conflict between the United States, Israel and Iran, Small and Medium-sized Enterprises (SMEs) in Dubai have found themselves facing imminent pressure to stay afloat. Recognizing this critical need, Emirates NBD, one of the region’s largest banking groups, has introduced a timely and strategic intervention: the Business Support Package designed to help SMEs sustain their operations.</p>
<p><strong>Purpose &amp; Context:</strong> This package emerges as a direct response to geopolitical tensions rippling across the Middle East. Its primary objective is to cushion businesses from liquidity pressures and tightening market sentiment, ensuring that these vital economic contributors can continue to function effectively even as regional uncertainties grow.</p>
<p><strong>Key Features &amp; How It Delivers:</strong></p>
<p><strong>Waived Loan Deferment Fees:</strong> This is a critically important feature for any business facing cash flow challenges. The ability to defer loan payments without incurring additional costs provides immediate financial relief, allowing SMEs to preserve capital, manage operating expenses, and navigate temporary revenue dips. It removes a significant burden, preventing short-term difficulties from spiraling into more severe financial distress.</p>
<p><strong>Discounted Trade Finance Costs:</strong> For Dubai&#8217;s trade-centric economy, this feature is invaluable. By reducing the expenses associated with trade financing, the package directly supports businesses involved in import and export. This helps maintain the seamless flow of goods, particularly for essential and perishable supply chains, ensuring that trade remains viable and competitive despite potential increases in risk perception.</p>
<p><strong>Reduced Transaction Charges:</strong> In today&#8217;s competitive environment, every cost saving matters. Lowering banking transaction fees, while seemingly minor individually, adds up to significant operational savings for SMEs. This directly improves their bottom line and makes daily business operations more economical, contributing to overall financial health and operational efficiency.</p>
<p><strong>Strategic Alignment &amp; Broader Impact:</strong> The strength of the Emirates NBD Business Support Package is significantly enhanced by its integration into Dubai&#8217;s wider economic stability efforts. It aligns seamlessly with the KSh37 billion ($272 million) economic stimulus package approved by the Dubai Government and the Financial Institution Resilience Package introduced by the Central Bank of the UAE. This coordinated policy approach ensures that the support offered by Emirates NBD is part of a larger, robust system designed to maintain financial stability and prevent disruption to business activity across the emirate. This synergy amplifies the package&#8217;s effectiveness, making it a powerful component of Dubai&#8217;s comprehensive resilience strategy.</p>
<p><strong>Ease of Access &amp; Implementation:</strong> While specific details on the application process are not provided in the text, the initiative&#8217;s intent is clearly to provide rapid and effective support. Given its critical role in the broader stability efforts, it&#8217;s reasonable to infer that the package is designed to be accessible to eligible SMEs who need it most.</p>
<p><strong>What We Like:</strong></p>
<p><strong>Direct Financial Relief:</strong> Offers immediate and tangible cost savings and liquidity support.</p>
<p><strong>Targeted &amp; Relevant:</strong> Specifically designed for SMEs, recognizing their economic importance and particular vulnerabilities.</p>
<p><strong>Comprehensive:</strong> Addresses multiple financial pressure points critical for business continuity (loans, trade, daily operations).</p>
<p><strong>Part of a Coordinated Strategy:</strong> Benefits from alignment with wider government and central bank initiatives, enhancing its impact.</p>
<p><strong>Proactive Stance:</strong> Helps cushion businesses <em>before</em> deeper crises emerge, reinforcing market confidence.</p>
<p><strong>What Could Be Improved (Based solely on the provided text):</strong></p>
<p>Further publicly available details regarding specific eligibility criteria and the application process.</p>
<p><strong>Final Verdict &amp; Recommendation:</strong> The <strong>Emirates NBD Business Support Package</strong> stands out as an exemplary product in times of regional uncertainty. It is a precisely targeted, intelligently structured, and highly effective tool that provides essential financial cushioning for Dubai&#8217;s SMEs. By directly addressing critical liquidity and cost pressures, it empowers businesses to maintain confidence, sustain operations, and contribute to the emirate&#8217;s overall resilience. This package is not just a banking offering; it is a vital pillar supporting the continued strength of Dubai&#8217;s economy.</p>
<p><strong>Highly recommended for Dubai&#8217;s SMEs seeking to navigate current economic headwinds and secure their operational future.</strong></p>
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		<post-id xmlns="com-wordpress:feed-additions:1">60503</post-id>	</item>
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		<title>Adventure Sports Can Power Kenya&#8217;s Next Phase of Economic Growth</title>
		<link>https://whownskenya.com/adventure-sports-can-power-kenyas-next-phase-of-economic-growth/</link>
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		<dc:creator><![CDATA[whownskenya]]></dc:creator>
		<pubDate>Mon, 13 Apr 2026 15:47:14 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<guid isPermaLink="false">https://whownskenya.com/?p=60496</guid>

					<description><![CDATA[Tourism has traditionally been a key driver of Kenya&#8217;s economy, thanks to its rich safari experiences and pristine coastline. However, Kenya is eager to find opportunities to diversify its tourism portfolio, and they may have found an exciting breakthrough in adventure sports. Adventure tourism is a high-value segment of the sector with multiplier effects that [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>Tourism has traditionally been a key driver of Kenya&#8217;s economy, thanks to its rich safari experiences and pristine coastline.</p>
<p>However, Kenya is eager to find opportunities to diversify its tourism portfolio, and they may have found an exciting breakthrough in adventure sports.</p>
<p>Adventure tourism is a high-value segment of the sector with multiplier effects that has been gaining traction elsewhere in the world. It includes activities such as mountain trail running, mountain biking, kite surfing and skydiving.</p>
<p>According to Pinkbike, demographics that participate in these activities typically spend more, stay longer and demand specialised services when they tour the world.</p>
<p>This means increased earnings across accommodation, transport, rental, retail and guidance services, feeding directly into Kenya&#8217;s economy.</p>
<h2><strong>Kenya is Following the Money</strong></h2>
<p>The Kenya Tourism Board&#8217;s (KTB) push in the direction of adventure tourism shows a good understanding of the current global travel trends.</p>
<p>Experiential tourism is growing at an astonishing rate as travellers increasingly want physically engaging experiences tied to nature and culture.</p>
<p>Kenya&#8217;s geographic diversity allows it to capture many tourism segments. From the Great Rift Valley to Mount Kenya and the Indian Ocean coastline, Kenya has the landmarks to compete in this new space.</p>
<p>Events such as the Tinderet Barngetuny Mountain Run serve as an excellent example of how adventure sports can be an economic catalyst.</p>
<p>They stimulate and bolster local economies as participants and spectators buy gear from local retailers, purchase food from local restaurants and stay at local motels.</p>
<p>These recurring tournaments provide Kenya&#8217;s economy with a stable source of revenue. This builds destination equity, turning overlooked areas into tourism hubs.</p>
<p>The decentralisation of tourism is especially important for equitable growth, as it funnels revenue into rural and semi-urban communities.</p>
<h2><strong>Adventure Tourism Feeds into Kenya’s Sports Industry</strong></h2>
<p>From an investment perspective, the rise of adventure sports presents multiple opportunities.</p>
<p>Private sector players can tap into hospitality niches such as eco-lodges, training camps and wellness retreats tailored for adventure tourists.</p>
<p>There is also room for public-private partnerships in infrastructure development, especially in transport, safety systems and digital booking.</p>
<p>With proper support, Kenya can establish itself as Africa&#8217;s number one adventure tourism hub.</p>
<p>Adjacent digital industries are also beginning to intersect with sports and tourism.</p>
<p>The growth of sports-related engagement, including predictive gaming and wagering, has created new commercial touchpoints for local and international audiences.</p>
<p>The <a href="https://www.bettingtop10.ke/betting-apps/" target="_blank" rel="noopener">Kenya betting apps listed on Bettingtop10.ke</a> could be inundated with wagers when adventure sports tournaments are staged, boosting revenue for operators and tax revenue for the economy.</p>
<p>The growing popularity of betting apps makes them a crucial commercial avenue in sports-driven tourism.</p>
<p><strong>Sustainability is the Key to Success</strong></p>
<p>The case for adventure sports tourism is about more than direct receipts. It will also create jobs, particularly for younger adults.</p>
<p>Training programmes for guides, instructors and event organisers can prepare a skilled workforce in line with global standards.</p>
<p>Outdoor activities foster ancillary industries such as sportswear, equipment manufacturing and event content creation, further embedding adventure tourism into Kenya&#8217;s economic fabric.</p>
<p>However, sustainability is key to long-term success. Adventure tourism depends on the preservation of natural environments, making governance a key component of the strategy.</p>
<p>Kenya can pioneer sustainable adventure tourism by employing strict conservation policies, sticking to eco-friendly practices, and leveraging technology for monitoring and management.</p>
<p>Besides protecting the resource base, a sustainable approach improves the country&#8217;s appeal to environmentally conscious travellers.</p>
<p>Kenya already boasts quite a reputation in endurance sports, especially long-distance running. Integrating this legacy into adventure tourism can create a powerful brand synergy.</p>
<p>The country can package training camps, high-altitude experiences and events into premium offerings that appeal to professional athletes and recreational enthusiasts.</p>
<p>The macroeconomic implications could be significant. Tourism is already one of Kenya&#8217;s top sources of foreign exchange, alongside diaspora remittances, horticulture and tea exports.</p>
<p>Expanding on the adventure sports frontier can boost the tourism sector by helping to smooth out seasonal fluctuations and diversify revenue streams.</p>
<p>It also bolsters Kenya&#8217;s position in the global tourism value chain, making a visit to the nation a more multifaceted experience.</p>
<p>Ultimately, <a href="https://ktb.go.ke/sites/default/files/documents/Sports_and_Adventure.pdf" target="_blank" rel="noopener">adventure sports</a> can become another cornerstone of Kenya&#8217;s economic diversification plan, delivering benefits that extend far beyond the tourism sector.</p>
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		<title>Equity Bank Introduces Preferential Forex Rates Solution for Customer Convenience</title>
		<link>https://whownskenya.com/equity-bank-introduces-preferential-forex-rates-solution-for-customer-convenience/</link>
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		<dc:creator><![CDATA[Fidel Areri]]></dc:creator>
		<pubDate>Wed, 08 Apr 2026 06:26:51 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Equity]]></category>
		<category><![CDATA[FX]]></category>
		<guid isPermaLink="false">https://whownskenya.com/?p=60470</guid>

					<description><![CDATA[Negotiating foreign exchange (FX) rates has traditionally been a cumbersome process, requiring individuals and businesses to visit bank branches or get on call with Treasury desks. This process can often be time-consuming and inconvenient, leading to delays for those with urgent financial needs. Additionally, the limited accessibility of these services, restricted to banking hours, meant [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>Negotiating foreign exchange (FX) rates has traditionally been a cumbersome process, requiring individuals and businesses to visit bank branches or get on call with Treasury desks. This process can often be time-consuming and inconvenient, leading to delays for those with urgent financial needs. Additionally, the limited accessibility of these services, restricted to banking hours, meant customers could not transact during evenings, weekends, or public holidays, making it particularly challenging for those with tight schedules.</p>
<p>To address these challenges and meet the growing demand, Equity Bank has introduced the FX Preferential Rate Solution. According to the bank, this platform is tailored to meet the needs of individuals and businesses that frequently handle foreign currency transactions.</p>
<p>It allows customers to access preferential FX rates directly through the bank’s digital platforms, Equity Mobile App and online, eliminating the need for branch visits or lengthy phone calls.<br />
The Preferential FX Rate Solution enables users to access discounted rates via the app or online, based on the value of their transactions. Customers can view discounted rates tailored to their account and transaction details and execute transactions directly through the app or online. Each transaction is assigned a unique reference number for transparency and tracking.</p>
<p>The system is designed to automatically apply discounted rates, with higher transaction values attracting better rates. Once the rate is confirmed, users can finalize the transaction in real time, avoiding delays and manual processes.</p>
<p>This solution comes at a time when Kenya’s foreign exchange market is experiencing significant growth and transformation. The Central Bank of Kenya (CBK) reported record-high foreign exchange reserves of $12.5 billion as of January 2026, providing 5.4 months of import cover.</p>
<p>This growth has been supported by remittance inflows, which totalled $435 million in December 2025, and a booming retail forex trading market, which now boasts over 100,000 active traders in Kenya. Kenya’s international trade volume reached Ksh973.6 billion in the second quarter of 2025, further reflecting the critical need for seamless cross-border payment solutions for businesses.</p>
<p>These developments highlight the increasing demand for efficient and accessible forex solutions.<br />
Equity’s Preferential FX Rate Solution is ideal for a wide range of customers. This solution simplifies international payments, enabling organizations to focus on their core operations without being hindered by the delays and complexities of traditional FX processes.</p>
<p>It allows travelers to access competitive foreign exchange rates for their trips abroad, freelancers and expatriates to manage regular foreign currency transactions with ease, and businesses to streamline cross-border payments. NGOs and development sector organizations can facilitate payments for international projects, while traders dealing in large currency transactions can negotiate better rates, ensuring both cost savings and convenience.</p>
<p>As technology reshapes how individuals, businesses and organisations manage cross-border transactions, more Kenyans hope that these solutions will lead to greater financial inclusion, reduced transaction costs, and improved access to global markets, enabling them to fully participate in the opportunities of a connected world.</p>
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		<title>Gilbey’s Hangout delivers Real Moments of Connection at Burudani Address</title>
		<link>https://whownskenya.com/gilbeys-hangout-delivers-real-moments-of-connection-at-burudani-address/</link>
					<comments>https://whownskenya.com/gilbeys-hangout-delivers-real-moments-of-connection-at-burudani-address/#respond</comments>
		
		<dc:creator><![CDATA[Fidel Areri]]></dc:creator>
		<pubDate>Wed, 08 Apr 2026 06:17:32 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Gilbeys]]></category>
		<guid isPermaLink="false">https://whownskenya.com/?p=60472</guid>

					<description><![CDATA[Kenya’s favourite gin brand Gilbey’s hosted a memorable edition of the Gilbey’s Hangout at Burudani Address, delivering an immersive experience that brought together thousands of consumers in celebration of authentic connections and shared moments. Held on Friday, April 3rd, the event was hosted by Mwalimu Rachel, DJ Xclusive, and DJ Chunky, who kept the energy [&#8230;]]]></description>
										<content:encoded><![CDATA[<p class="x_elementToProof" data-olk-copy-source="MessageBody">Kenya’s favourite gin brand Gilbey’s hosted a memorable edition of the Gilbey’s Hangout at Burudani Address, delivering an immersive experience that brought together thousands of consumers in celebration of authentic connections and shared moments.</p>
<p class="x_elementToProof">Held on Friday, April 3rd, the event was hosted by Mwalimu Rachel, DJ Xclusive, and DJ Chunky, who kept the energy high and the crowd engaged throughout the night.</p>
<p class="x_elementToProof">The Hangout brought Gilbey’s Real Moments campaign to life, creating a space for consumers to unwind, connect, and celebrate with their crews. From curated music sets to interactive brand experiences, attendees were treated to a seamless blend of entertainment and lifestyle.</p>
<p class="x_elementToProof">Attendees also enjoyed Gilbey’s signature serves, including the new Gilbey’s Berry Bramble RTD cocktail, reinforcing the brand’s commitment to innovation and accessible high-quality gin, perfect for both intimate hangouts and vibrant social occasions.</p>
<p class="x_elementToProof">The vibe came alive with a touch of red, adding a playful and stylish element that tied the night together visually and reflected the energy of the brand.</p>
<p class="x_elementToProof">“The Gilbey’s Hangout is about celebrating the moments that truly matter, the ones shared with friends, full of laughter and real connection. Through this platform, we are creating experiences that are not only memorable but also accessible, staying true to our commitment of delivering quality and value to our consumers,” said Lilian Mbugua, the Brand Manager, Gilbeys.</p>
<p class="x_elementToProof">The event further amplified Gilbey’s ongoing Ksh 999 offers on ke.thebar.com, positioning the brand as the ideal choice for consumers seeking to enjoy premium experiences without compromise.</p>
<p class="x_elementToProof">The Gilbey’s Hangout continues to establish itself as a key cultural platform, reflecting the evolving social landscape where consumers are embracing more intentional and relatable ways to connect.</p>
<p class="x_elementToProof">The Gilbey’s Real Moments campaign celebrates authentic connections and invites consumers to share their unfiltered moments with their “day ones”.</p>
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		<title>Digital Finance &#038; Banking Solutions Dominate Performances at Drama Festival</title>
		<link>https://whownskenya.com/digital-finance-banking-solutions-dominate-performances-at-drama-festival/</link>
					<comments>https://whownskenya.com/digital-finance-banking-solutions-dominate-performances-at-drama-festival/#respond</comments>
		
		<dc:creator><![CDATA[Fidel Areri]]></dc:creator>
		<pubDate>Thu, 02 Apr 2026 13:21:32 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Equity]]></category>
		<category><![CDATA[Equity Bank]]></category>
		<guid isPermaLink="false">https://whownskenya.com/?p=60453</guid>

					<description><![CDATA[Students at the Kenya National Drama and Film Festival translating policy themes into a playbook for everyday commerce, showing households and small firms how cashless payments, clean records and disciplined borrowing cut costs and unlock growth. Building on the festival theme Bold Storytellers, Digital Stages: Driving Kenya’s Development Through Theatre and Film, and Equity Bank’s [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>Students at the Kenya National Drama and Film Festival translating policy themes into a playbook for everyday commerce, showing households and small firms how cashless payments, clean records and disciplined borrowing cut costs and unlock growth.</p>
<p>Building on the festival theme Bold Storytellers, <em>Digital Stages: Driving Kenya’s Development Through Theatre and Film</em>, and Equity Bank’s sub theme <em>Leveraging Technology to Make Banking a Lifestyle &#8211; From a Place You Go to Something You Do</em>, performances showed audiences how to adopt digital tools that build credit trails and widen market access.</p>
<p>The scenes are familiar and relatable. A kiosk owner drops loose cash for QR and e wallet acceptance, builds an auditable trail and secures stock financing. Parents shift school fees to digital rails for speed and verifiable receipts. Youth agripreneurs pool savings on apps to fund inputs and insure harvests, while women led collectives lean on instant payment to reach customers across counties and into regional markets. Alongside the opportunity, students confront risk head on, from basic cyber hygiene to responsible digital borrowing, tying clean data to affordable credit.</p>
<p>Kayole South Senior School trainer Morgan Odera was among those testing the boundaries of financial storytelling. He said their spoken word piece linked national identity to present day financial inclusion by blending Kenya’s independence story with the role of education finance in creating awareness.</p>
<p>“We have just performed a spoken word talking about how Kenya gained independence and how the bank chips in to benefit students, mostly through its education programs and by supporting businesspeople and Kenya’s development in general,” he said.</p>
<p>Performed by student Sheila Akinyi, the work drew mixed reactions for its ambition. “It is hard to combine a spoken word about independence with current affairs,” Mr Odera noted. “The artist was creative enough to blend the independence struggles and the bank’s support to students through Wings to Fly, which supports them at higher education level.” The piece underscored a simple economic arc: access to education and skills pulls more young Kenyans into a modern, increasingly digital economy, the same transformation students advocate through safer, smarter money habits.</p>
<p>At Precious Blood Riruta, lead choreographer Amos Othengo Pinto threaded a small trader narrative into dance and gave it commercial stakes. A mama mboga closes her day by banking takings to build a savings record and grow her enterprise. “After a day with her customers, she can save in the bank to boost the business,” he said, explaining how the team blended African and hip-hop styles to tell a modern finance story on a digital stage.</p>
<p>Performed by the Kenya Institute of Mass Communication under the Equity theme, the play Giza Gizani also confronted abuse of power, silence, absent parenting and injustice. Dickens Sumba, the playwright and thespian, said the work was crafted to provoke reflection and affirm the possibility of accountability.</p>
<p>“We built Giza Gizani to strip impunity of its glamour, to show what silence costs in homes and institutions, and to light a path toward courage, dignity and justice.”</p>
<p>For Nairobi Regional Director of Education Reuben Kipturgor, the business and financial awareness approach is deliberate. It stems from handing authorship to learners and demanding utility from the art. “Can we make these activities learner based? Can we go back and allow our learners to generate their own script, and then we just help them to fine tune to the levels that we can reach? That is the only way we can develop their talents,” he said, before urging partners to back student creators in tangible ways.</p>
<p>Equity Bank’s has committed Sh25 million nationally to support the festival, with the bank’s themed genres highlighting how technology is making financial services part of daily life and expanding inclusion for individuals, schools and enterprises.</p>
<p>At the national finals, champions in the Equity classes will receive Ksh100,000 with silverware, runners-up will take Ksh50,000, and third place will get Ksh30,000. All winners will also be awarded wit trophies and certificates. The best trainer will receive Ksh30,000, second Ksh20,000 and third Ksh10,000.</p>
<p>The national finals will be held in April in Nyeri, followed by gala showcases hosted by Education CS Julius Ogamba and Equity Group CEO and MD Dr James Mwangi. The top students will then cap the season with a performance at State Lodge, Nyeri, in a gala to be attended by President William Ruto.</p>
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		<title>&#8220;I Didn&#8217;t Want to Marry&#8221;: How Guardian Angel Built a Multi-Million Empire at His ‘Wife’s Mua Home’</title>
		<link>https://whownskenya.com/guardian-angel-net-worth-mua-home/</link>
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		<dc:creator><![CDATA[Patrick Ogaro]]></dc:creator>
		<pubDate>Wed, 01 Apr 2026 06:26:48 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Esther Musila]]></category>
		<category><![CDATA[Guardian Angel Wealth]]></category>
		<category><![CDATA[Waingo Farm]]></category>
		<guid isPermaLink="false">https://whownskenya.com/?p=60440</guid>

					<description><![CDATA[Popular gospel artist Guardian Angel Global (real name Audiphaxad Peter Omwaka) recently found himself in a social media storm following reports that his wife, Esther Musila, had been taken to court by her son over her late husband’s property. Esther came out guns blazing, stating that Guardian has worked hard for everything he owns. Her children [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><span style="font-weight: 400;">Popular gospel artist </span><a href="https://whownskenya.com/guardian-angel-biography-age-family-career-songs-and-achievements/">Guardian Angel Global</a><span style="font-weight: 400;"> (real name Audiphaxad</span> Peter Omwaka<span style="font-weight: 400;">) recently found himself in a social media storm following reports that his wife, </span>Esther Musila<span style="font-weight: 400;">, had been taken to court by her son over her late husband’s property.</span></p>
<p><span style="font-weight: 400;">Esther came out </span>guns blazing<span style="font-weight: 400;">, stating that Guardian has worked hard for everything he owns. Her children also rose to their stepfather&#8217;s defense, asserting that he was not involved in the court proceedings and has been nothing but a source of joy for the family.</span></p>
<p><span style="font-weight: 400;">In a tell-all interview on </span><a href="https://whownskenya.com/alex-mwakideu-biography-age-education-wife-children-career-and-businesses/">Alex Mwakideu TV</a><span style="font-weight: 400;">, the &#8220;Music Doctor&#8221; dropped a bombshell that left fans and critics alike scrambling for answers: he never actually intended to walk down the aisle.</span></p>
<p><span style="font-weight: 400;">In this article, WoK takes looks at his multi-million shilling </span>7 Heaven Music<span style="font-weight: 400;"> empire to his sprawling agribusiness in </span>Mua Hills<span style="font-weight: 400;">, Guardian Angel is proving that while he may have &#8220;stumbled&#8221; into marriage, his business moves are calculated with surgical precision.</span></p>
<h3><b>&#8220;Marriage Wasn&#8217;t in My Plans&#8221;</b></h3>
<p><span style="font-weight: 400;">For a man whose brand is now synonymous with his high-profile union with </span>Esther Musila<span style="font-weight: 400;">, Guardian’s admission to Mwakideu was startlingly blunt.</span></p>
<p><span style="font-weight: 400;">&#8220;I didn&#8217;t even want to get married initially. My focus was elsewhere. But Esther changed how I look at life. She is the head and visionary in my life goals,&#8221; he confessed during the sit-down.</span></p>
<p><span style="font-weight: 400;">This shift in mindset didn&#8217;t just change his personal life; it supercharged his bank account. By leaning into the stability of his relationship, Guardian transitioned from a &#8220;hustling artist&#8221; to a corporate-minded businessman.</span></p>
<h3><strong>Guardian Angel Wealth</strong></h3>
<p><span style="font-weight: 400;">Social media has been ablaze with claims that Guardian Angel &#8220;built his house at his wife&#8217;s place&#8221; in Machakos. To a section of Kenyans, this was a &#8220;taboo&#8221; move for a man from Western Kenya. However, Guardian sees it through a purely financial lens.</span></p>
<p><span style="font-weight: 400;">In his conversation with Mwakideu, he clarified that the choice of </span>Mua Hills<span style="font-weight: 400;"> wasn&#8217;t about abandoning his roots, but about protecting his investments. The house serves as the nerve center for </span>Waingo Farm<span style="font-weight: 400;">, his massive agricultural operation.</span></p>
<p>He challenged the cultural stigma, stating that the Kenyan Constitution allows any citizen to buy land and build anywhere. He remarked, <i data-path-to-node="4,1,0" data-index-in-node="162">&#8220;It is not like nimejenga kwa kina bibi (I&#8217;ve built at my in-laws&#8217;).&#8221;</i></p>
<p><em><span style="font-weight: 400;">&#8220;The reason why it&#8217;s easier for me is because I can monitor the things I am doing,&#8221; Guardian explained. &#8220;If I am farming chicken in Butere and I have to slaughter and bring them to Nairobi, how much time does that take? It takes a whole day. In Mua, I can just go to the reserve, monitor my projects, and sleep there. It is not like </span><span style="font-weight: 400;">nimejenga kwa kina bibi</span><span style="font-weight: 400;"> (I&#8217;ve built at my in-laws&#8217;). Even the Constitution allows you to build anywhere.&#8221;</span></em></p>
<h3><b>Waingo Farm</b></h3>
<p><span style="font-weight: 400;">If you follow Guardian Angel on </span>social media <span style="font-weight: 400;">or </span>YouTube where he has amassed millions of followers<span style="font-weight: 400;">, you’ve likely seen him swapping out his designer suits for gumboots. </span>Waingo Farm<span style="font-weight: 400;"> is no mere hobby; it’s a diversified money-maker:</span></p>
<p><span style="font-weight: 400;">Recognized as a &#8220;millionaire pig farmer&#8221; on platforms like </span><i><span style="font-weight: 400;">Kenya&#8217;s Gold</span></i><span style="font-weight: 400;">, Guardian manages a high-yield piggery. He focuses on specialized breeds that command top dollar from Nairobi’s meat processors.</span></p>
<p><span style="font-weight: 400;">His poultry project is equally massive. He has invested in semi-automated coops for thousands of chickens, leveraging the Mua location to deliver fresh produce to the capital in under 45 minutes.</span></p>
<p><span style="font-weight: 400;">The farm also produces consistent weekly revenue through large-scale cultivation of traditional vegetables like </span><i><span style="font-weight: 400;">Managu</span></i><span style="font-weight: 400;"> and </span><i><span style="font-weight: 400;">Terere</span></i><span style="font-weight: 400;">.</span></p>
<div class="youtube-embed" data-video_id="srdGkNgxsFo"><iframe title="EP 9 || GUARDIAN ANGEL || I didn&#039;t want to get married" width="696" height="392" src="https://www.youtube.com/embed/srdGkNgxsFo?feature=oembed&#038;enablejsapi=1" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></div>
<h3><b>7 Heaven Music and 7HM FC</b></h3>
<p><span style="font-weight: 400;">While the farm provides the &#8220;passive&#8221; wealth, his creative engine, </span>7 Heaven Music (7HM)<span style="font-weight: 400;">, remains a juggernaut. Guardian and Esther recently unveiled a world-class recording facility in Karen, designed to mentor new talent like Sammy G and Derrick.</span></p>
<p><span style="font-weight: 400;">Not one to ignore the youth, he recently launched a football club, </span>7HM FC<b>,</b><span style="font-weight: 400;"> to scout and nurture local talent, funded largely by the proceeds of his agribusiness.</span></p>
<p><span style="font-weight: 400;">Guardian Angel is no longer just a gospel singer; he is a case study in how to leverage fame into a sustainable, multi-sector empire. And for those still stuck on where he built his house? He’s too busy counting the proceeds from his Mua pig farm to care.</span></p>
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