Financially Incorrect

What does it take to turn around an institution that is already broken? Dr Julius Kipngetich has spent decades fixing organisations across Kenya, from KWS and Equity Bank to Uchumi and Jubilee Holdings. In this episode of **Financially Incorrect**, he shares what really drives a turnaround: fixing the system, sequencing change and knowing when money is not the solution. At KWS, his interventions h...

Dr Ronnie Mich Egwang has built a career few résumés could contain: veterinary doctor, broadcaster, media personality, marketer, entrepreneur and business owner. From earning $5 a week as a child to landing a $90,000 continental TV deal, negotiating major media contracts and building a multimillion-dollar marketing business, Dr Mich’s career spans decades of opportunity, risk and reinvention. But...

What happens when KES 9 million in revenue leaves you with almost nothing? For Ashok Sunny, founder of Ashok Sunny Tailors Limited, that moment changed the way he understood business. Growing up in Kibera, Ashok learned early that money had to be managed carefully. His mother relied on discipline and chamas to prioritise education and basic needs, while Ashok found his own early route into entrepr...

From a KSh 30,000 banking salary to building a luxury executive travel and private jet business. Dan Njoroge’s story is not really about luxury. It is about learning what people will pay a premium for, surviving the periods when the money disappears, and discovering that revenue means very little without financial discipline. Dan started with very little. His first income was KSh 5,000 as an inter...

Mike Kayihura’s music career has taken him from church choirs and a first Rwandan paycheck to regional recognition across Rwanda, Uganda and Kenya. But behind the songs is a financial story shaped by contracts, missed opportunities, poor money decisions, community support and the difficult business of building a sustainable career as an independent artist. On this Financially Incorrect Rwanda Edit...

YT Description Joram Mwinamo has spent more than two decades helping African businesses grow. But some of his most valuable lessons came from the periods when his own business was struggling. From small technology and event projects at university to working internationally and eventually returning to Kenya, Joram’s entrepreneurial journey has involved failed assumptions, difficult pivots, unstable...

Money shaped Jackie Asiimwe long before she earned her first salary. Growing up in a pastor's household, she watched her mother stretch a modest income, support relatives and somehow keep the family afloat. Years later, after losing her savings in a bank collapse, resisting the idea of investing and spending decades in Uganda's nonprofit sector, Jackie began to rethink everything she belie...

Every Kenyan has watched a TV show, movie or commercial. Very few people know what it actually costs to make one. Grace Kahaki built one of Kenya's leading production companies from the ground up. She started as an intern earning KES 7,000 a month after her parents cut off financial support because they believed filmmaking wasn't a real career. Today, she is an award winning producer, dire...

Professional basketball looks glamorous from the outside. Packed arenas. Winning teams. Continental competitions. Brand partnerships. What rarely gets discussed is the business required to keep all of it alive. In this episode of Financially Incorrect Business Edition, Marcel Awori, Chief of Staff at Nairobi City Thunder, breaks down what it actually costs to build one of Africa's fastest grow...

Every quarter, Simon Maina's company manufactures nearly 300,000 obstetric drapes across Africa. The surprising part is not the scale. It's the economics. Njembuma operates on margins of roughly 3%, selling affordable medical products designed to detect postpartum hemorrhage, one of the leading causes of maternal deaths across the continent. Before healthcare manufacturing, Simon spent yea...

Everyone knows Kenya Originals (KO). Far fewer know the business that made it possible. Before KO became one of Kenya's most recognizable cider brands, it started with just $20,000, a few shipping containers, and a founder trying to build something the market didn't believe was possible. In this Business Edition of Financially Incorrect, Alex Chappatte unpacks what it actually takes to bui...

House of Tayo is now one of Rwanda's most recognizable fashion brands. But its biggest breakthrough didn't come from celebrity endorsements, fashion weeks or dressing stars on the Black Panther premiere. It came from walking away from the product generating almost 40% of the company's revenue. In this inaugural Financially Incorrect Rwanda Edition, Matthew Taio Rugamba shares the busin...

There are moments that completely redefine your relationship with money. For Ann Mubia Mirungi, one of those moments arrived with a single diagnosis. Despite a career advising businesses on complex transactions, years of financial discipline, and doing many of the "right" things, her family suddenly found themselves staring at nearly KSh12 million in ICU bills while fighting to save her...

Some people inherit wealth. Humphrey Nabimanya inherited adversity. He lost his mother as an infant, grew up under the care of his sister living with HIV, battled stigma throughout childhood, and spent his early years hustling on the streets while trying to stay in school. Long before Reach A Hand Uganda became one of Africa's most influential youth organizations, Humphrey was saving small amo...

Millions of Africans earn good incomes. Very few build lasting wealth. In this episode of Financially Incorrect, Barrack sits down with Valentine Njoroge, CEO and Co-founder of Africa's Pocket, to unpack what actually stops the African middle class from investing consistently and why financial education alone rarely changes behaviour. Valentine shares how she went from struggling with her own...

Most people know Moringa School for producing software engineers. Very few know what it took to build the business behind it. In this episode of Financially Incorrect, Fiona Kirui, Director of Finance at Moringa School, shares how the company grew from a classroom of just 15 students into one of Africa's leading technology training institutions serving more than 20,000 learners. She explains w...

For most people, wealth looks like cash. For Walter Mangutha, wealth looked like land. Long before earning a salary, Walter was collecting rent, managing family property and learning that money isn't always what sits in your bank account. Those early lessons would shape every financial decision that followed. In this episode of Financially Incorrect, Walter opens up about growing up in a famil...

Everyone wants quality education. Very few people understand what it actually costs to build it. In this episode of Financially Incorrect, Chinezi Chijioke, CEO and Co Founder of Nova Pioneer, takes us inside one of Africa's most ambitious education businesses. From raising nearly a billion shillings to build campuses, surviving investor pull outs, managing schools that can take years before b...

What does it take to walk away from one of the most coveted careers in Kenya and build a company capable of competing with telecom giants? In this episode of Financially Incorrect Personal Money Stories, Agnes Limo shares a journey that starts in a village where money was scarce, opportunities were limited, and entrepreneurship was never considered a realistic career path. Growing up in Eldoret, A...

Jeffrey Imani thought he had made it. After years climbing the creative ladder, winning international design competitions, building a respected reputation and leading some of East Africa's biggest campaigns, everything came crashing down during the COVID lockdown. A suspension letter. Lost income. A lost house deposit. Months of uncertainty. For many people, that would have been the end. For J...

There are entrepreneurs who start with capital. Then there are entrepreneurs who create capital by betting everything they already have. Before Ian Henderson built one of Kenya's most recognised residential developments, he had already lived several careers. He left engineering before completing university, spent years washing and managing rental cars, built a logistics company from the ground...

For years, Kenya's car rental industry operated on trust, phone calls, spreadsheets, and WhatsApp messages. Cars would disappear. Bookings would get double-sold. Customers would reserve online only to discover the vehicle had already been rented to someone who walked in with cash. Bradley Opere saw these problems firsthand. After working in private equity, consulting at McKinsey, advising Keny...

For years, Major Boke wore the uniform of the Kenya AirForce. Today, he leads one of East Africa's fastest-growing security, HR and staff outsourcing companies. In this episode of Financially Incorrect, Major Boke takes us through an extraordinary journey that started in military barracks, moved through corporate leadership at KICC, survived multiple career exits, and ultimately resulted in th...

Most people would have quit after losing everything. Derrick Kayobyo lost hundreds of millions of shillings to fraudsters. His workshop was burned down. Businesses collapsed. Deals went wrong. Yet those setbacks became the foundation for one of Uganda's fastest-growing real estate companies. In this episode of Financially Incorrect Uganda edition, Derrick shares how he went from selling timber...

"You should stay in school and work hard." That's the advice many people receive. Nyawira Muraguri did that. But she also worked in her parents' business from the age of nine, negotiated aggressively throughout her career, used side hustles to clear debt, bought land with loans, stayed at home longer than most of her peers, and benefited from a support system that gave her room t...