Opinion

Premium

Is startup funding a Ponzi scheme?

Early investors in a tech startup only make their money back when more money is invested into the startup during later investment rounds. Isn't that how Ponzi schemes work?

Premium

Corruption and inefficiencies at Kenya Power are the enemies

Bernard Ngugi, CEO of Kenya Power and Lighting Company, has before discussed some of the things they are doing to turn around the ailing giant. However, he always forgets to mention the two elephants in the room: corruption and inefficiencies.