Come to think of it, if a retailer of such scale makes an annual net profit margin of ~2.2%, how much does your local kiosk nets in a year? Retail must be hard
Naivas has reported a 43% growth in net profits to Sh2.4bn in 2025.
—Sales: +21.6% to Sh111.6B
—Expenses: +21.2% to Sh109.2B
—Net profit: 43.4% to Sh2.4B
—Assets: +17.6% to Sh58.5bn
Not sure how serious this is, but why would a sane person spend Kes 7.5m just to avoid paying rent of kes 30k/month or get 30k/month as passive income (if put on rental)? Make it make sense🤔.
Female Track Athlete of the Year nominee ✨
Repost to vote for @Kipyegon_Faith 🇰🇪 in the #AthleticsAwards.
Voting closes on Sunday 19 October at 11:59 PM CEST.
If you can pay Kes 100K/month for 20 yrs, DON'T buy the house. Rent at 50K/month, invest 50K at a modest 12% p.a. In 20 yrs, you’ll buy 2 houses in cash. Mortgages aren’t always the smart play. Even if the house value rises, it won't match your investment growth.
Thank you to the @MastercardFdn for spotlighting SuperMom’s work this Mother’s Day. Wishing a joyful Mother’s Day to all the incredible moms around the world — and a special shoutout to the resilient, inspiring mothers in our SuperMom network.
IEK STATEMENT ON FRUSTRATIONS ENGINEERS ARE EXPERIENCING WITH DEVELOPMENT APPROVAL IN THE NAIROBI CITY COUNTY.
Read the full statement here: https://t.co/4VAHB9FUAV
We're still on the lookout! 🧐
Are you building a startup in:
💧WaterTech
🌿Regenerative Ag Finance
🌳Precision Reforestation
♻ Plastic-free Alternatives
🌊Coastal Resilience
We're scouting pre-seed startups tackling these challenges. Apply now! https://t.co/LPVlqNy1ld
Join Morgan DeFoort, Kiette Tucker, and Tenbite Ermias at #SOCAP24 next week from October 28 to 30 in San Fransico. Factor E is excited to be part of this year’s conference, focused on catalyzing systems change.
Will you be there? Let’s connect.
Looking forward to connecting with the impact investing community at #GIINForum2024 in Amsterdam next week! Join us to discuss industry trends and explore opportunities for collaboration.
As climate challenges escalate, turning ideas into impact requires more than passion. That's why we launched TECA! In this piece, we share how our TECA fellows are building climate solutions with hands-on support & mentorship. Read more: https://t.co/MvpbLQ82qZ
@FSDAfrica