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BE CAREFUL WHO YOU DATE: McDonalds CEO sacked for dating an employee



McDonald’s president and CEO Steve Easterbrook has been shown the door after showing “poor judgment” by engaging in a “consensual relationship” with an employee.

“Easterbrook… has separated from the company following the board’s determination that he violated company policy and demonstrated poor judgment involving a recent consensual relationship with an employee,” the company said in a statement.

“The company confirms that this leadership transition is unrelated to the company’s operational or financial performance.” added the statement.

In an email to the employees, Easterbrook, who has served as chief executive since 2015 said his relationship was “a mistake” that violated company policy.

“Given the values of the company, I agree with the board that it is time for me to move on,” the email said.

“There isn’t going to be some radical, strategic shift. The plan is working,” he added.

Under his leadership, McDonald’s share price doubled.

AFP reports that just like other fast food chains, McDonald’s is facing headwinds as consumers move to healthier dining options.


In recent years, workplace relationships have cost a number of top executives their jobs, moreso as the #MeToo movement gathers momentum.


READ ALSO:   VIDEO: McDonalds finally arrives in Kenya
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US woos Kenya with big deals, takes swipe at China strategy



The US has unveiled a new strategy to deepen trade relations with Kenya while taking swipe at China’s inroads into Africa.

American Ambassador to Kenya Kyle McCarter yesterday announced the roll-out of a Sh41.3 billion credit facility targeting businesses that source their products from the US, especially those dealing in infrastructure.

He also unveiled a private sector-led initiative meant to spur trade and investment in eight counties.The counties in the Prosper Counties Initiative are Isiolo, Kakamega, Mombasa, Makueni, Kiambu, Kisii, Kisumu and Nakuru.

Mr McCarter said the Export-Import Bank of the United States (EXIM) is currently reviewing “several transactions” that will benefit from the credit line.

“Several engineering firms are in discussion with the National Treasury… we believe this is a start of a strong relationship between our governments,” he said.McCarter was speaking in Nairobi at the second American Chamber of Commerce (AmCham) Business Summit that seeks to strengthen trade relations between Kenyan and the US.

And in a thinly-veiled swipe at China, which has been accused of saddling African countries with debt through its Belt and Road Initiative, the envoy said that the US advocates a “self-reliant” Kenya and that its model would not burden the country with debt.

“We’re going to put forth projects that have meaning to Kenyans. Our shared goal is to pave a path to Kenyan self-reliance, for Kenya to move from beneficiary to benefactor,” he said.

READ ALSO:   VIDEO: McDonalds finally arrives in Kenya

“The United States model focuses on long-term growth and sustainability, not debt.”US Deputy Assistant Secretary for the Middle East and Africa Seward Jones urged businesses to identify potential projects that could benefit from the funding.“It is up to US and Kenyan businesses to identify those bankable projects involving US exports,” said Mr Jones.

McCarter, meanwhile, said the Prosper Counties Initiative is in line with the government’s renewed focus on Public-Private Partnerships for projects to cut borrowing.The heightened efforts at deepening trade relations between the two countries are part of a deal signed between the US and Kenya under President Donald Trump’s “Prosper Africa” initiative.

Under the agreement, the government will identify particular projects and areas that “would like to see a greater participation by US companies” mostly in the Big Four agenda.

It will also identify “business climate issues” and unlock bottlenecks that might hinder US companies from taking advantage of business opportunities.The US provides Sh1 billion annual financial assistance to Kenya ranging from health, agriculture, education and security. President Uhuru Kenyatta told investors that he would not relent on the war against corruption in a bid to improve the country’s business environment.


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Optiven Launches A Revolutionary App that Enables You Buy Land and Earn at the Touch of Your Smart Phone



Optiven has just made owning property much easier with the introduction of a new Mobile App that will now enable Kenyans in Africa and Diaspora to interact with real estate products at the touch of their mobile devices.

Named OPTIVEN, the app is available on both Google  Play store for android users and Apple’s App Store for Iphone users.

Amongst the key features of the App is that it will allow members of the public to earn money from Optiven’s aggressive vision of economically and socially Empowering and Transforming the society. All
that members of the public need to do is just to register through the App and become automatic Optiven

From your account on the App, you can then refer relatives, friends and colleagues to buy Optiven

“The App keeps all the input records and it is able to alerts the account holder when referrals
have bought a property and it automatically credits Kshs20, 000 to Kshs50, 000 to the registered account.
The amount squarely depends on which project the customer likes. This will provide passive income to the
owners of the Optiven App,” says Mr. George Wachiuri, the CEO, Optiven Group.

What’s more, this App has been designed with global standards, meaning that data security is guaranteed.
The App is able to provide customers peace of mind.

“You need not send anyone to view your property as the app is able to locate the property coordinates
through the use of Google Earth facility incorporate on the App. The customer is able to communicate on
the app, view the statement, get updates and get inspiration nuggets. The app will reduce customers’ stress
by providing all the information on customers’ hands. You only need smart phones to own a property.
Land ownership is now made easier,” says Mr. Wachiuri.

READ ALSO:   VIDEO: McDonalds finally arrives in Kenya

The Group’s CEO notes that this App is set to drastically change the way Optiven does its operations.
“The App will catapult Optiven to a league of visionary companies dealing with Big Data. Optiven is
expected to grow more than 5 times and life is going to be easier for staff. Staff will get more time to
innovate and think as the customer loyalty increases due to the ease of transacting business. This is a
major milestone not only for Optiven but to the real estate industry,” he notes.

Members of the public have now been given capacity to enjoy and eat the Optiven cake. This is actually
taking Optiven to the public. The digitized Optiven will deliver more efficient services to customers, staff
and other stakeholders.

For property buyers wishing to buy land with Optiven, they are now more at 100% peace. All you need is
to download the Optiven App from Google Play and App Store. You search properties under the many
projects available in several counties and make a selection. You can pick and the property goes to your
shopping basket or to the wishlist. You then register your details as you book a site visit (online). The
App gives you options on the day and dates that you are available for the visit.

READ ALSO:   VIDEO: McDonalds finally arrives in Kenya

While choosing the date you can reserve for 48 hours and the plot finally becomes available for the market
after 48 hours if you do not pay. If you pay, the plot moves out of the property list automatically.
At the same time, the App gives you options to enter the deposit and shows you the monthly payments. It
also has an inbuilt calculator to make it easy for you to get the actual figures.

Once you pay, it will show you the statement, send you a receipt and it will remind you when the next installment is due. The App will be able to update the customer on hot deals, Optiven Philanthropy works and give our
customers some constant flowing life-charging nuggets.

Going into the near future, Optiven projects that this App will be among the most preferred Apps in
Africa. “I see it as an Earning App or an Investment App. This is one App that every Kenyan worldwide
will like to have on their phone.

It is a download that gives you money when you least expect. You only
need to keep updating on all those interested on property ownership and investment. We plan to develop
this App to Phase 11 and Phase 111,” says George.

He notes that at phase 111, it will be an App that connects the market and the buyer’s. “We shall allow
other credible real estates to use our platform. This is why we said that, the App is the new disruption to
the real estate industry. It is no longer business as usual. Optiven believes in the power of innovation that
disrupts the industry,” he says.

READ ALSO:   VIDEO: McDonalds finally arrives in Kenya

Optiven Group is a leading brand in the African real estate sector whose main objective is to empower property investors and transform the Society. Optiven Group also has a soft arm, which undertakes charity works, by the name Optiven Foundation.

The Foundation has so far been involved in numerous philanthropic works in its quest to transform the social wellbeing of thousands of Kenyans. Optiven Group is captained by its Founder and
CEO, George Wachiuri, and is rightly living up to its mission, which is to create an environment that positively
transforms its staff, customers and all its stakeholders through offering state of the art products and services.

The Group was recently singled out as one of the companies that will inspire Africa in 2019, by the London Stock
Exchange. Optiven also took home two winner’s trophies for the Land Agent of the Year and the Best Value Added
Land Selling Company during the 2nd Annual Real Estate Excellence Awards, 2019. As a market leader in the
property sector, Optiven scooped the best employer in East Africa 2019 by East Africa Best Employer Brand

Optiven also scooped the overall winner’s trophy in Top 100 Mid-Sized Companies Survey, 2014/2015 by
KPMG and Nation Media Group. The Group also won the Best Company in Customer Orientation & Marketing in
Kenya (COYA AWARDS) – 2015.

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How young IT gurus hack into banks and walk away with cash



Young IT graduates have been profiled as the major culprits in the hacking of bank systems.

The graduates, a majority of whom are aged 27 years and below, have been identified as the main suspects in cybercrime cases.The suspects are so well armed with education that players in the banking sector have had to up their game by employing IT experts to try to stop them.

The Central Bank of Kenya (CBK), which has been following the rising cases of cyber fraud, issued a new policy that will require banks to report cases of cybercrime in real time.

The new regulation that came into force last month requires banks and mobile money operators to report to the CBK any cyber-attack within two hours of the incident.

Companies with systems that clear huge amounts of money in bank-to-bank transfers were also directed to immediately file reports with the CBK.Telecommunication companies with systems that move huge volumes of cash, such as mobile money transfer, have also been directed to file reports.

New guidelines

The new guidelines by the CBK come in the wake of increased cybercrime attacks targeting banks and other financial institutions.

Statistics from the Directorate of Criminal Investigations (DCI) Banking Fraud Unit reveal that many of the suspects involved in cases of electronic fraud are well-educated university graduates with an IT background.

READ ALSO:   VIDEO: McDonalds finally arrives in Kenya

The suspects work in cahoots with bank staff who provide them with crucial information about IP addresses.Google defines an IP address as a unique string of numbers separated by full stops that identifies each computer using the Internet Protocol to communicate over a network.

Once they get the IP address, the IT experts can remotely access a bank’s system, including its computers. After corrupting a bank’s system, they are able to transfer money from one account to another.At times, they use mobile money networks to siphon the cash, according to data collected by banking fraud investigators.

The revelations come a day after eight Kenyans believed to be IT graduates were arrested in Rwanda over plans to steal money from an Equity Bank branch.Due to the high number of hacking cases reported to the DCI by banks, a special team of IT investigators has been seconded to the CBK to handle investigations.

The team comprises IT experts from the DCI cybercrime unit and the National Intelligence Service (NIS).The eight, whose identities Rwandan investigators are yet to reveal, were arrested together with four other suspects, including a Rwandan and Ugandan nationals.

“Rwanda Investigation Bureau (RIB) arrested an organised group of eight Kenyans, three Rwandans and a Ugandan over a cyber-fraud attempt on Equity bank,” Rwanda police said on Twitter.“This group was arrested while in the process of hacking into the bank system to steal money from clients’ accounts.”

READ ALSO:   VIDEO: McDonalds finally arrives in Kenya

Police said the same group was linked to another attack on the same bank in Kenya and Uganda.“A case file has been submitted to the National Public Prosecution Authority for further management,” RIB added.

Yesterday, police spokesman Charles Owino told The Sunday Standard that the police have enhanced their IT investigations by training more experts to deal with cybercrime.

“We have trained enough officers to deal with cybercrime-related matters. We now stand a better chance than before to deal with the menace,” Owino said.

Last month, the DCI conducted a swoop on youth suspected to be cybercriminals in parts of Juja and Kabete.During the October 9 operation, DCI officers arrested seven young men believed to be IT experts who are said to have defrauded the public of millions of shillings in a mobile phone hacking scheme.

More than 200 SIM cards, mobile phones and several mobile money transfer agent registers were confiscated.The suspects were described by the DCI on Twitter as aged 28 years and below.Earlier, investigators raided a house in Juja and recovered over 40,000 mobile phone SIM cards and arrested five suspected fraudsters.

by The Sunday Standard

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