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‘Live with Confidence’ brand positioning and business reboot will entrench group as an African financial literacy champion Sanlam , the leading non-bank financial services provider in Africa, has announced a corporate software reboot to transform its business to become a purpose-led organisation focused on giving millions of Africans the chance to live with financial confidence. The business and brand repositioning...
Regional banking group Diamond Trust Bank (DTB) total assets crossed the Shs 400 billion threshold for the first time, rising by 10% to Shs 425 billion at the end of 2020, with customer deposits growing from Shs 280 billion to Shs 298 billion over the year. Commenting on the results, Nasim Devji, DTB’s Managing Director and Group Chief Executive...
Security solutions provider Securex Agencies has launched a smart home security kit targeting domestic residences.   Branded as the ‘Rafiki by Securex’ do-it-yourself (DIY) home security kit, the solution will help to curb the increasing burglary incidences in domestic homes by providing surveillance, deterrence, self-monitoring, and response subscription, all via their smartphone application.   The ‘Rafiki by Securex’ solution is designed to offer...
The proposed BOC gases takeover by Carbacid investments and Aksaya investments has been put on hold pending an appeal at the Capital Markets tribunal. In a cautionary statement to shareholders and investors, BOC said an appeal was filed on March 2 at the Capital Markets Tribunal (CMT) by a shareholder in respect to the takeover proposal. “Pending further guidance from the...
Jerim Otieno, Group MD Life Insurance Business at UAP Old Mutual Group had been  elected the chairman of the Association of Kenya Insurers (AKI) Board. He takes over from Mathew Koech, the Managing Director of Fidelity Shield. Mr Koech led the Association since 2019. Mr Otieno takes the helm as the association embarks on a new strategic plan for the...
Chivas Regal will host its second installment of the Chivas Afroblend series in partnership with Manchester United. The series, made up of a fusion of music, football and fashion collaborations, will connect Manchester United legends, consumers and media personalities through exclusive activities. At the inception of Chivas Afroblend in 2020, consumers and Man United fans were immersed through premium experiences plus special one-on-ones...
PETCO Kenya and World-Wide Fund Kenya (WWF) have signed a partnership agreement worth Ksh 6,000,000  Million Kenya Shillings to boost environment protection through enhanced waste collection in the coastal region. The memorandum will provide technology transfer from Denmark through a partnership with Plastix, a Danish cleantech recycling company. This will be implemented by partnering with local organizations that are pioneers...
    One year on from the declaration of the COVID-19 pandemic, the Common Market for Eastern and Southern Africa’s (COMESA) deepest concern has been that women-led businesses have been strongly affected, underlying a stark economic reality for women businesses in Africa. In a study carried out by the International Trade Center, 64% of women-led firms declared their business operations as strongly affected, compared...
 The Kenya National Blood Transfusion Services has partnered with the Coalition of Blood for Africa (CoBA) for a three days blood drive to collect 3000 units of blood to contribute towards treatment of Post-partum hemorrhage among Kenyan mothers.   The campaign dubbed ‘Keep Mothers Alive’ will run in 33 sites across the country from Sunday 7th March- Tuesday 9th March to mark International...
Samsung has topped the global TV market for the 15th consecutive year, according to global market research firm, Omdia. Newly released data published on February 23 2021 notes that Samsung recorded 31.8% in global TV market share by revenue in Q4 2020 and retained the largest annual category market share by revenue in 2020, at 31.9%.s despite the fact that...

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