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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...
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...
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...
Safaricom trialing solution with internet-connected athletes in Eldoret and Iten Safaricom (NSE: SCOM) and Vodafone Group are working to deliver industry-leading Internet of Things (IoT) technology to Kenyan athletes in a bid to help them break the two-hour marathon mark. The current marathon World Record is 2:02:57 and was set by leading Kenyan athlete Dennis Kimetto on September 28, 2014, at...
Celebrations marred Makutano town in west Pokot County yesterday as Kapenguria Heroes arrived with the Chapa Dimba Na Safaricom National Champions trophy. The residence of West Pokot filled the streets chanting songs of victory and joy as the Heroes made a grand entry into Makutano town. Kapenguria Heroes won the Chapa Dimba National tournament after beating Gor Mahia...
Cameroonian legend to be joined by 12 Kenyan bands at Safaricom Jazz concert on Labour Day at Carnivore Grounds Iconic African jazz musician Manu Dibango is expected in Nairobi in a few weeks’ time, when he will headline Safaricom’s International Jazz Day celebrations in Nairobi on 1st May. This will be Dibango’s maiden performance on the Safaricom Jazz stage, at...
By Reuters Twitter Inc will start banning cryptocurrency advertising from Tuesday, joining Facebook and Google in a clampdown that seeks to avoid giving publicity to potential fraud or large investor losses. The prohibition will cover advertising of initial coin offerings (ICOs) - crowd funding used to raise cash by creating new coins - as well as token sales, the San Francisco-based...
Unilever Tea Kenya and CrossBoundary Energy are today announcing the signing of Unilever’s first solar services agreement in Africa. CrossBoundary Energy will be installing and operating a 600 kWp solar power plant at the company’s Kericho tea plantation, which will be operational in mid-2018. CrossBoundary Energy has commissioned Solarcentury East Africa to design, procure, construct and commission the plant...

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