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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
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
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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NEWS
Lucky buyer to walk away with a 14 seater Matatu for Ksh 100 during Jumia Black Friday
Jumia has announced that it will put a 14 seater Commercial Matatu (van) on Flash Sale and also bring back the most popular products for the ultimate Black Friday on 25th November from 10:00 AM. The best discounts on the platform include phones, TVs, and home appliances affirming the company’s commitment to providing the best tech in Kenya at the…
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NEWS
KCB commits KES 130M to support country’s drought response initiative
KCB Bank Kenya has committed KShs.130 million to support the country’s drought response initiative, providing food and essentials to thousands of households. The support will go towards augmenting government efforts in cushioning households hard hit by the ravaging drought and who now require an urgent supply of foodstuff and water. The funds will be channeled through the Kenya Bankers Association-led…
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NEWS
Visa installs 5,300 contactless-enabled payment terminals at FIFA World Cup Qatar
Payments technology company Visa has installed More than 5,300 contactless-enabled payment terminals at the FIFA World Cup Qatar 2022. The move, the firm which is the Official Payment Technology Partner of FIFA will enable contactless purchases throughout all official venues, including eight stadiums and the FIFA Fan Festival. Visa says it will also try new payment innovations to give fans…
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NEWS
Xiaomi Kenya Black Friday Deals To Look Out For
Xiaomi has launched its Black Friday campaign running across all Xiaomi Stores, and partner retail stores in Kenya. The company has some enticing deals for both smartphones and accessories that customers will be able to take advantage of during the Black Friday 2022 sale. The campaign will run from 1st November to 30th November. “We recognize Kenya’s appetite for hi-tech…
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LIFESTYLE
Coca-Cola Kenya flags off four winners to attend FIFA World Cup 2022
Coca-Cola Kenya has today flagged off four winners flying to Qatar to attend and experience the live matches during the FIFA World Cup 2022. Coca-Cola has been a FIFA partner since 1974 and an official World Cup sponsor since 1978. This year’s World Cup is the first tournament since the pandemic and has excited fans from all over the world…
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NEWS
[OPINION] Reimagine governance of the commons: Women & communities as restoration leaders
Africa is one of the world’s last frontiers of biodiversity – housing roughly one fifth of the planet’s known species of mammals, birds, and plants. An abundance of life flourishes in diverse ecosystems across the continent. The Congo Basin – the world’s second largest tropical rainforest and the lungs of Africa – is found in Central Africa. It covers roughly…
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NEWS
IBM announces five members selected for its Sustainability Accelerator programme
IBM has announced five global non-profits as new members of the Sustainability Accelerator programme. The programme is a global pro bono social impact program which seeks to help marginalized communities to get just and equitable access to sustainable energy resources. The IBM Sustainability Accelerator is a pro bono global environmental program that applies IBM technologies, like artificial intelligence and hybrid cloud, and an ecosystem of experts to…
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