Executive Corner
Shikusa Borstal Institution gets ICT learning boost from the Safaricom Foundation
Staff Writer -0
Over 300 students at the Shikusa Borstal institution in Kakamega County will be able to access digital learning skills after Safaricom Foundation handed over 30 computers.
The internet-enabled computers are aimed at enhancing the students’ ICT literacy and research skills as they look to re-integrate into society. The KES 1 million investment is part of Safaricom Foundation’s focus on...
Regional low-cost carrier Jambojet has partnered with various players in the travel industry to launch a campaign that will encourage domestic travel.
The campaign dubbed “Now Travel Ready” is part of the airline strategy to encourage air travel as the country begins its COVID-19 recovery process.
“With the launch of this campaign, we want to show our customers the new...
Safaricom (NSE: SCOM) has been included in the 2020 Fortune Change the World List which recognises companies that have had a positive social impact through activities that are part of their core business strategy.
The telco is ranked 7th for its role in transforming how people in Kenya are paying for and accessing healthcare through M-TIBA which is a partnership with CarePay...
Huawei drives 100 typical scenario-based solutions built on robust partnership
SHANGHAI, China.
At HUAWEI (https://www.Huawei.com/) CONNECT 2020, Mr. Peng Zhongyang, Board Member, President of Enterprise BG, Huawei, delivered a keynote speech on the theme of "Paradigm Shift for Greater Value". Peng stated that the shift to a new paradigm of industrial digital transformation is urgently needed for the development of our...
A Nairobi based Re-insurance broker has been arraigned in court over a Kes 11.8 million theft case.
Underwriting Africa Ltd Chief Executive Officer Cecilia Bridget Rague in a virtual appearance before Nairobi Chief Magistrate Martha Mutuku faced theft charges for failing to remit reinsurance premiums paid to her company by Sanlam General Insurance.
The Re-Insurance brokerage firm boss denied the stealing...
The government has stepped up plans to ensure the timely kick-off of the National Hygiene Program (NHP) dubbed Kazi Mtaani early next week, State Department of Housing and Urban Development Principal Secretary Charles Hinga has confirmed.
An inter-ministerial team has already developed grassroots work plans that will see more than 270,000 Kenyans absorbed in the national programme with a Kshs...
News
Jubilee Holdings Limited acquires additional US$ 40M stake in Bujagali Hydropower
Staff Writer -
Jubilee Holdings Limited (JHL) has purchased a further 9.44% interest in Bujagali’s equity from the technical partners SN Power for a consideration of US$ 40 million (KES 4.2 Billion).
This transaction increases JHL shareholding in Bujagali Energy Limited (BEL), the special purpose company that owns the 250MW Bujagali Hydropower Project (“Bujagali”), from 8.8% to 18.24%. Bujagali had cost approximately US$900m...
News
David Ansell retires as Equity Group Board Chair as Professor Isaac Macharia takes over the baton
Staff Writer -
David Ansel served Equity Board in various capacities across four countries for a total of nine years
Professor Isaac Macharia, Vice-Chair, becomes Group Board Chairman after serving in Equity Bank (Kenya) Ltd for six years out of which he was Chairman for four years
The Equity Group Board has appointed Professor Isaac Macharia Equity Group Holdings Board Chairman taking...
The State Department for Housing and Urban Development Principal Secretary Charles Hinga flanked by senior government officials, Tushia Global Holdings Chairman Bishop Mark Kariuki and reputable local private developers on Friday 3rd July 2020 launched a premier luxurious-low cost housing Samara Estate project in Kiambu County.
Speaking at heart of the expansive 774 hectares of Migaa Golf Course, Chief Guest at the launch ,Housing...
News
Our journey to electrify the continent: Five years of the New Deal on Energy for Africa
Staff Writer -
The NDEA called for a substantial increase in investments to realize the Bank’s High 5 priority to “Light Up and Power Africa”
By Dr. Kevin Kariuki
Five years into the African Development Bank’s (https://www.AfDB.org/) ambitious New Deal on Energy for Africa (NDEA), the Bank’s investments are set to provide electricity access to around 13 million people and deliver about 55,000 km...