News
Nairobi to Host the Regional Strategic Meeting of United Cities and Local Governments of Africa (UCLG Africa)
Special Correspondent -0
Kenya’s capital will kick-start a series of UCLG Africa strategic meetings that will take place across the five regions of Africa (North Africa, West Africa, Central Africa, Eastern Africa, Southern Africa)
The regional strategic meeting of the United Cities and Local Governments of Africa (UCLG Africa) (http://AfriqueLocale.org) for the Eastern Africa Region will be held at the Intercontinental Hotel in...
News
NCA registered contractors to earn CPD points from Savannah Cement factory visits
Special Correspondent -
The National Construction Authority (NCA) has recognized Savannah Cement as one of the Continuous Professional Development (CPD) earning sites for local registered building and construction contractors.
The recognition of Savannah Cement as a CPD earning site will allow local contractors visiting the firm for industrial familiarisation, to accrue crucial points necessary as part of the NCA’s bid to...
News
Chinese enterprises from Liaoning Province encouraged to invest in Uganda
Special Correspondent -
The Conference in Shenyang co-organised by the Embassy, the Liaoning Provincial authorities and the management of Liao Shen Industrial Park is a continuation of efforts to boost Chinese investments in Uganda
Dr. Chrispus Kiyonga, Ambassador of Uganda in China has encouraged Chinese enterprises to invest in Uganda. This was during a meeting he held with the Governor of the People’s...
Gadgets
ENGIE and Fenix complete acquisition to bring affordable power to the last mile across Africa
Special Correspondent -
This partnership will accelerate and expand Fenix’s ability to scale off-grid energy and financial services
Global utility company ENGIE (www.Engie-Africa.com) and off-grid energy leader Fenix International (www.FenixIntl.com) have closed their acquisition agreement today. Fenix is the first Solar Home System “SHS” company to join a major worldwide energy company and has already delivered clean, safe and affordable energy and financial...
The app builds on the core functionality that saw the original version applauded as a game changer for African banking
The upgraded version of Ecobank’s (www.Ecobank.com) revolutionary mobile app has attracted 3 million new customers in just 6 months, taking the total number of users to 4 million.
The app builds on the core functionality that saw the original...
Gadgets
Kenya Rugby Union names 35-man training squad ahead of this year’s international season
Special Correspondent -
Kabras loosehead Joseph Odero and Blak Blad fly half Levy Amunga return to the training squad and could make their full international debuts this season
A 35 man training squad has been named by the Kenya Rugby Union (www.KRU.co.ke) ahead of this year’s international season that sees the Simbas compete in the Rugby Africa Gold Cup which will double up...
Mobile loan app Branch, trading as Branch International is set to offer savings services following the Series B investment round of70 million dollars (Sh7.06 billion).
The funds will enable the mobile loan app expand its services beyond credit access to savings and payment.
Currently, Branch operates in Kenya, Nigeria and San Francisco and uses M-Pesa and Facebook established data to provide...
Kenya Reinsurance Corporation (Kenya Re) has posted an 8.8 per cent rise in after-tax profit in the year ended December, which the listed re-insurer attributed to an increase in its gross written premiums and investment income.
Kenya Re net profit stood at Sh3.5 billion in the period compared to Sh3.2 billion the year before.
The firm’s net earned premiums during the...
News
Sanlam secures CMA approval as efforts to strengthen regional Investments and Asset management arm gains steam
Special Correspondent -
Local non-bank financial services provider, Sanlam Kenya, has secured preliminary regulatory approval to officially cease the operations of its local Investment and asset management subsidiary Sanlam Investment Limited (SIL).
The acceptance of a request for revocation of license earlier submitted to the Capital Markets Authority (CMA) is part of the ongoing strategic efforts to align Sanlam’s investment and asset...
Lifestyle
The Hub Karen unveils fundraising option for the endangered Mountain Bongo
Special Correspondent -
Innovative parking pay station based option to help mobilise funds for worthy causes
Local lifestyle and retail complex The Hub Karen, has unveiled an innovative fund raising option based on its parking check out systems.
The fundraising option, developed in conjunction with The Hub Karen’s Parking Access Control solutions provider, Paytech Africa, will allow visitors to the shopping complex...