Kenya
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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
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
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
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
Kenyan startup Leta secures $3M in Pre-Seed funding to expand its supply chain and logistics platform
Leta, the Kenyan supply chain and logistics startup driving distribution optimization, announced the close of $3 million Pre-Seed equity round.
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NEWS
MIGA further supports Kenya roads modernization with new investment
The Multilateral Investment Guarantee Agency of the World Bank Group (MIGA) has guaranteed an equity investment by an additional investor to help upgrade Kenya’s national roads network. MIGA’s guarantees now cover $37.5 million in equity investments from a company acquired by the new investor, AIIF4 Seed Partnership GP, a fund managed by African Infrastructure Investment Managers (AIIM), which will own…
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NEWS
Equity appoints Samuel Kirubi as new Group Chief Operating Officer
Equity Group has appointed Samuel Kirubi as the Group Chief Operating Officer (GCOO). Kirubi moves from the position of Managing Director, Equity Bank Uganda to head the Group operations from the Equity’s head office in Nairobi, Kenya. Samuel holds a Masters Degree in Business Administration from Moi University and a BA in Economics and Statistics from Egerton University. He is…
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NEWS
Beko joins forces with Water.org to provide 10,000 Kenyans with access to safe water
Beko, a home appliances brand in Europe, announced a new partnership with Water.org to support a community programme that will empower 10,000 Kenyans in need with access safe water and sanitation solutions. According to Water.org, 15 percent of Kenyans rely on unimproved water sources, such as ponds, shallow wells and rivers, while 41% of Kenyans lack basic sanitation – facilities. These…
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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
Epson is ending global sales of laser printers in favour of inkjet printing
Epson has announced that it’s ending sales of laser printers citing the technology’s limited ability to make meaningful sustainability advances. The technology company announced on Thursday that Epson it’s now committed fully to inkjet printing, launching a new range of 40-60ppm business models to close the range gap and deliver a total suite of sustainable Heat-Free business inkjet MFPs Explaining…
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NEWS
Is this the Easiest Jackpot to Win in Kenya?
Rarely is a jackpot won more than once, however, this has not been the case with the Odibets Laki Tatu daily jackpot. The jackpot, which punters have lauded, has been won almost daily with some punters even winning more than twice. Recently, David Mutahi, a bio-scientist by profession, won the Laki Tatu daily jackpot after correctly predicting the outcome of…
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NEWS
List of betting companies cleared by Government to get licenses
The Betting Control and Licensing Board (BCLB) has cleared 11 betting companies to get licences for the financial year 2022/2023. In a letter to the Communications Authority of Kenya CEO Ezra Chiloba dated July 4, BCLB chairman Cyrus Maina said that the companies had been scrutinized and were eligible to get the licences. Maina copied the letter to Interior CS…
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NEWS
Over 50,000 children to benefit from toilet upgrades in 24 schools in Kenya
SATO, an award-winning social business tackling the global sanitation and hygiene challenge, is upgrading toilets in 24 schools across the country over the next one year, to provide a clean, fresh and safe learning environment for over 50,000 children. The upgrade involves converting the schools’ open pit latrines to closed flushable toilets with a toilet pan. This aims to contribute…
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NEWS
Kenya ranks 139th on a leading index that measures the state of youth around the world
Kenya is ranked 139th on the 2020 Global Youth Development Index which measures the status of young people in 181 countries around the world. Singapore ranked top for the first time followed by Slovenia, Norway, Malta and Denmark. Chad, the Central African Republic, South Sudan, Afghanistan and Niger came last respectively. The index further reveals that the conditions of young people have improved around the world by 3.1 per cent between…
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NEWS
Emirates is offering Kenyan travellers discounted return fares starting at $360
Emirates has today announced its global special fares to encourage Kenyan travellers to reconnect with family and friends or explore new destinations in the new year. The return fares in Economy Class fares start at 360 USD to Dubai, 610 USD to London, 880 USD to New York, 1060 USD to Maldives and 845 USD to Kuala Lumpur. In addition,…
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Uncategorized
Memes are a unifying factor in Kenya
Memes should be included under the unifying symbols in Kenya. Kenyans will up in arms in some online war, either internal or external with very high probability of winning more-so external ones. Tanzanians have been reported to scold on of their own who tried to start an online war with Kenya. It’s a new trend that’s come with social media and…
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Uncategorized
Chinese brutality, home and away
It started with illegal entry into the country, so many were discovered to be undocumented. It then got to illegal goods being discovered at warehouses and even homes. Local traders were up in arms for how the Chinese had flooded the market with cheap fake goods. Then it went a notch higher, they were now physically beating up the locals…
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Uncategorized
Former Uber Kenya Country Manager Joins SWVL As General Manager
Egyptian shuttle-hailing company SWVL has today announced the appointment of Dip Patel as its General Manager in Kenya. Until his appointment at SWVL, Patel was the Head of Growth at Apollo Agriculture – a Kenyan technology company that helps small-scale farmers maximize their profits. Prior to that, he served as Uber’s Country Manager in Kenya having started as the company’s…
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