CIC Insurance Group is pleased to report a Profit Before Tax of Kshs337 Million for half year to 30th June 2021 compared to Loss Before Tax of Kshs287 Million for the same period last year. The strong performance was boosted by resilient growth in the topline and strong investment returns.
Key Highlights
• CIC Group Gross Written Premium grew by 16% to KShs. 10.8 Billion from KShs. 9.3 Billion. The strong performance was driven by growth in all businesses except South Sudan where the business was repricing...
Survey of Kenyans shows digital devices and services are improving their lives and livelihoods - Highlights Opportunities for Deeper Participation in the Digital Economy
The survey highlights uptake in areas beyond mobile money including usage of digital services for supporting livelihoods, e-commerce and e-governance
Digital devices and services have improved the daily lives of 84% of Kenyans – while nearly one...
Local agri-business firm Kakuzi PLC has, in a trendsetting move announced the appointment of an Independent Human Rights Advisory Committee (IHRAC) to be chaired by former Attorney General Prof Githu Muigai.
With the appointment of the committee to its Board, Kakuzi PLC becomes the first corporate organization in Sub Sahara Africa to constitute and establish such an independent advisory panel...
Geothermal, hydro and bioenergy projects are being launched, and intercontinental electricity markets are being developed
A host of energy development initiatives designed to increase energy access and improve livelihoods are coming online across Africa and are scheduled to be showcased at Africa Oil Week (Africa-OilWeek.com) 2021 in November in Dubai – a temporary move for this major annual event as a...
Samsung Electronics East Africa has introduced into the East African market a new range of consumer electronics most of which are centered on AI and interconnectivity between home and lifestyle technology. Some of the new consumer electronics are the Neo QLED 8K and 4K Series TV, QLED 2021 Series TV, Crystal UHD 2021 Series TV, 2021 Frame TV and the AI enabled washing...
Mount Kenya University (MKU) graduated its 29 pioneer medical students on 6 August against a backdrop of several other achievements. Besides graduating 6,556 students, the university has also registered several milestones in research and innovation, and in its community outreach drive.
The 29 doctors and a host of other health personnel have graduated when the country is battling the Covid-19...
Vivo Smartphone has unveiled its latest smartphone as an addition to the Y-series, the vivo Y53s in Kenya. The device, which was teased to go by the slogan ‘Clear shot, Unlock more fun’ will now be available from today both offline and online stores.
The device that comes with a high-definition 64MP* main rear camera aims to set a new...
The Mauritian insurance company MUA Ltd ("MUA") has announced consolidation of the general insurance businesses of its subsidiaries Saham Assurance Kenya and MUA Insurance (Kenya).
The two firms are now set to start operating as one entity in the country, under the MUA brand and will have the full support of the MUA group.
The amalgamation of the two businesses follows the...
“I know that I am privileged to listen and follow different programs aired through MVIWATA FM”, says Odilia Jiovin, a farmer from Kilosa District, known for production and marketing of sunflower, coconut, sugarcane, and sisal in the Morogoro region of Tanzania. “I always take the initiative to share the information with my fellow farmers in our community and apply the knowledge...
The World Health Organization (WHO) recommends exclusive breastfeeding starting within one hour after birth until a baby is six months old
When Abiola Oyebode, 29-year-old mother of two living in Kubwa, Abuja, gave birth to her second child, Precious, in January 2021, she made a vow to herself, despite being a career mother, to feed her daughter with only breastmilk...
