Year: 2022
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LIFESTYLE
How Sh20 Bob Can Win you TV, Nduthi or Cow on Bids Safi
Bids Safi: Place Sh20 Bob and Stand a Chance to Win TV, Nduthi or Cow How Sh20 Bob Can Win you TV, Nduthi or Cow on Bids Safi Would you want to bid for a product from as low as Sh20? Well, Bids Safi, a bidding platform is providing you the opportunity to buy items at low prices. Bids Safi…
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NEWS
Nexgen Packaging establishes African headquarters in Nairobi
Nexgen Packaging, provider of trim and packaging solutions for retail and brands, announced the construction of its African headquarters in Nairobi, Kenya. Located in the Export Processing Zone in Athi River, this investment is committed to bring a comprehensive set of capabilities and product offerings to the African market with a significant focus on sustainable solutions. Kenya will serve as Nexgen’s primary production location for Africa and…
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NEWS
ICANN launches initiative to advance Africa’s digital transformation
The Internet Corporation for Assigned Names and Numbers (ICANN), launched the Coalition for Digital Africa, an initiative aimed at expanding internet access in Africa. Conceived by ICANN, the Coalition is an alliance of like-minded organizations committed to building a robust and secure internet infrastructure to bring more Africans online. Home to the youngest population on the planet, 70 percent of whom…
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NEWS
MossBets, new online gaming platform launches in Kenya
Are you a sports fan looking for a convenient and affordable way to bet on your favorite teams and players, worry no more because MossBets got you covered! With its low minimum bet, sign-up offers and bonuses, free bets, competitive odds, and user-friendly platform, MossBets offers punters with the perfect virtual sports betting option for anyone who loves sports betting…
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NEWS
Shinda Mbuzi ya Krisi: 100 Mbuzis to be Won Daily on Odibets
Kenya’s leading betting firm Odibets has announced that it will be giving out 100 goats daily to lucky winners starting from December 20, 2022, to 2nd January 2023 in a competition dubbed ‘Shinda mbuzi ya Krisi’. Each Mbuzi will be worth Sh5,000 and will be rewarded to the lucky customers via M-pesa on their mobile phone numbers. To participate in the promo; …
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NEWS
Huawei to absorb NYS graduates
Huawei Technologies has partnered with the Kenya government to roll out an affirmative program that will involve the firm employing 500 graduates from the National Youth Service (NYS) annually. Speaking during the official opening of the national job fair organized by Huawei and the Nation Media Group, Ababu Namwamba, the Cabinet Secretary for Youth Affairs, Sports and Arts announced that…
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NEWS
Old Mutual Targets Pension schemes with alternative investments
Old Mutual has rolled out its Alternative Investment vision targeting pension schemes seeking to diversify their investments and gain long-term returns. This is against the backdrop of an extensive engagement campaign through pension scheme training, and investment conferences showcasing the success stories of Alternative Investment. This is part of the firm’s new commitment to help its clientele unlock possibilities while adding…
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NEWS
KCB Group Completes Acquisition of DRC-based Trust Merchant Bank
KCB Group has announced the completion of the acquisition of Trust Merchant Bank SA (TMB) after receiving all the regulatory approvals. The Group now owns 85% stake in the Democratic Republic of Congo (DRC) based lender. KCB Group obtained the regulatory green light in Kenya, the Democratic Republic of Congo and the COMESA Competition Commission, setting the stage for the…
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NEWS
KRA intercepts uncustomed ethanol worth Kshs. 10.9 Million
Kenya Revenue Authority (KRA) in collaboration with the multiagency team has intercepted a truck carrying 54 drums of uncustomed ethanol. The drums were carrying 250 litres each with an estimated market value of Kshs. 10,900,000. The ethanol had a tax implication of Kshs. 6,700,000. The consignment was intercepted along the Kacheliba-Makutano route in West Pokot County. The Multiagency team based…
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NEWS
Evolution of the microfinance sector in Kenya: How Kenyan online businesses can thrive
According to a McKinsey report, African financial services are now undergoing a structural shift. About 10 percent of all transactions in Africa are digital and fintech revenues reached 4-6 billion USD in 2020, average fintech penetration level is from 3 to 5%, which is in line with global market leaders. Furthermore, Kenyan online business is facing abundant political and economic…
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NEWS
New program to equip local teachers with laptops launched
Casa da Louisa (CDL) has launched a new programme to equip teachers in public schools across Kenya with a laptop. Known as The Walimu Co the project also seeks to provide internet, certified professional development and solar power for KES 1800 – 2500 per month. The CDL Group is partnering with global tech, regional banks and financiers (including RentCo &…
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NEWS
President Ruto launches Hustler Fund to connect Kenyans with access to affordable credit
Kenya’s President Dr. William Ruto officially launched Ksh.50 billion Hustler Fund, a digital financial inclusion initiative designed to improve financial access to responsible finance for personal, micro, small, and medium-sized enterprises (MSMEs) in the country. The Hustler fund is a creation of the draft Public Finance Management (Financial Inclusion Fund) Regulations, 2022, thereby allowing its operationalization. The Hustler Fund provides access to responsible finance…
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NEWS
More Winners Land in Qatar Courtesy of Odibets
Barely a week after the first batch of winners of the ‘Twende Qatar na Odibets’ promo landed in the Middle East, the betting firm has dispatched the second batch. The first winners landed in Qatar last week on Thursday while the second batch Wednesday night, November 30. The winners include; Kago Peter, Muthigani Michael, Masibo George, Mwangi Joseph, Obugas Lucas,Mosomi…
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NEWS
Swiss Re Foundation announces $500K grant to support insurtech startups in Africa
Swiss Re Foundation has announced a USD 500,000 grant for Africa’s insurance sector to spur innovation of insurance solutions for the underserved. The funding, to be distributed through the FSD Africa’s supported BimaLab insurance accelerator programme, will unlock and accelerate the transformation of Africa’s insurance sector through innovative offerings for the sector’s unique landscape. Recently, there has been increased attention to Africa’s expanding and promising insurance sector. At the COP27…
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NEWS
StarTimes upgrades bouquets ahead of festive season
Pay Television Company StarTimes Media has introduced a bouquet upgrade campaign for its subscribers ahead of the festive season. The new campaign will see subscribers on both terrestrial and satellite platforms enjoy automatic access to higher bouquets at the cost of lower bouquets for the first 15 days upon renewal of their monthly bouquets of choice. StarTimes will offer more…
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NEWS
Epson Transforms Print Environment by Strengthening IoT Security
Epson’s smart printers and multi-function peripherals (MFPs) are revolutionizing the print environment by strengthening the Internet of Things (IoT) device security. This adoption has also led to the improvement of business efficiency, reducing operating and maintenance costs, as accurate, timely delivery of information leads to less device down-time and more efficient device usage. As a global leader in sustainability, Epson…
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NEWS
OPPO Kenya Football Challenge Officially Launched, KES 90K Up For Grabs
OPPO Kenya has launched a football challenge that will see Kenyan fans bring out their best football skills. The smartphone company is partnering with local football star David “Chehe” Ochieng for this campaign dubbed #OPPOGameTime Challenge. The OPPO Reno8 football challenge will see the top three contestants walk away with Ksh50,000 for the winner, Ksh30,000 for the 1st runners-up and…
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NEWS
57th AERC Biannual Workshop chart a path to a more resilient recovery
African economies have been urged to include food security, climate change mitigation and adaption framework in the economic agenda. This was said during the African Economies Research Conference (AERC) 57th Biannual Research Workshop. Speaking at the event, Cabinet Secretary of the National Treasury and Economics Planning in Kenya, Prof. Njuguna Ndung’u, reiterated the need for governments across the continent to…
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NEWS
Landmark circular economy event encourages implementing solutions for climate and biodiversity
The 6th World Circular Economy Forum WCEF2022 will take place 6–8 December in Kigali, Rwanda, Africa. This year’s forum will focus on how the circular economy can reduce greenhouse gas emissions, support climate change adaptation, safeguard biodiversity and bring jobs and well-being to our societies. An online briefing for the media will take place on the eve of the Forum, 5 December…
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NEWS
First Batch of Odibets Winners and Influencers Depart for Qatar
The lucky winners of the ‘Twende Qatar na Odibets’ promo on Thursday, November 24, departed the country for Qatar. Kenya’s leading betting firm launched the promo in September announcing they would be taking their loyal fans to Qatar for a lifetime experience. Those who departed the country for the Middle East country on Thursday include both winners and influencers. The…
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