Tuskys mulling special listing at the bourse

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Tuskys mulling special listing at the bourse

Special Correspondent - November 26, 2018

Nairobi Securities Exchange Chief Executive Officer Mr. Jeff Odundo has sent the clearest signal yet, that leading retailer Tusker Mattresses may be considering a...

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KCB Bank has signed agreements with 29 public and private universities to provide tailored financing and digital solutions aimed at supporting infrastructure development, operations, and financial access for staff, students, and suppliers. Click here to connect with us on WhatsApp The initiative will offer project finance, working capital, and digitized payment systems for institutions, alongside salary advances, mortgages, asset financing, and insurance products for teaching and non-teaching staff. Universities will also have access to green energy financing options such as solar power and biogas. Students will benefit from fee payment plans, digital banking tools, and a three-month internship programme targeting over 10,000 learners to boost practical skills and industry exposure. KCB says the programme will also extend credit and training to SMEs and suppliers linked to the universities, while surrounding communities will access enterprise development, environmental conservation projects, and scholarships through the KCB Foundation. The move comes as public universities grapple with funding shortfalls amid rising enrolment and infrastructure needs. Government data shows that most institutions face growing financial pressures, prompting calls for private sector partnerships to sustain the sector. According to Higher Education Principal Secretary Dr. Beatrice Inyangala, the collaboration aligns with government efforts to promote sustainable, inclusive, and digitally enabled higher education.

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Since late August 2025, the Kaspersky Global Research and Analysis Team (GReAT) (www.Kaspersky.co.za) has been observing a new malicious campaign leveraging a stealer — a type of malware designed to steal passwords and other account information. The StealC v2 infostealer is being spread through Facebook messages. More than 400 incidents have been identified to date, targeting users across multiple countries, including confirmed cases in Kenya, Angola, Ethiopia, Niger, Uganda and Zambia, among other African* countries. As part of this attack, Facebook users receive messages containing a link disguised as a notification that their account has been blocked. Clicking the link opens a fake support page claiming that the user’s account has been blocked due to suspicious activity. To “restore access,” users are prompted to use the “Appeal” button, which initiates the download of a malicious script that installs the StealC v2, a dangerous malware offered under a Malware-as-a-Service model, on the victim’s device. The malware itself steals passwords, cookies, screenshots, as well as cryptocurrency wallet data. “Cybercriminals often exploit users’ fear of losing account access and a perceived sense of urgency. This pressure can lead individuals to act without caution, increasing the risk of infection by malware such as StealC v2. Users should remain vigilant and always verify the authenticity of messages before clicking any links,” comments Marc Rivero, lead security researcher at Kaspersky's Global Research and Analysis Team. StealC v2, first observed in 2025, significantly enhances the malware’s capabilities and elevates the risk to both individual and corporate users. The original StealC, which emerged in 2023 on dark web platforms, quickly became a sought-after tool among cybercriminals thanks to its accessibility, capabilities and ease of access. To be protected from phishing, Kaspersky recommends corporate and individual users: Practice caution when clicking links. Sometimes emails and websites look just like real ones. It depends on how well the criminals did their homework. But the hyperlinks, most likely, will be incorrect, with spelling mistakes, or they can redirect you to a different place. Look out for urgency or threats. Phishing attempts frequently try to create a sense of urgency or fear. Be cautious of emails demanding immediate action, such as changing a password or providing personal information. Verify unsolicited messages, calls, or links, even if they appear legitimate. Never share 2FA codes. Use Kaspersky Next (https://apo-opa.co/42lrs13) (in corporate environments) or Kaspersky Premium (https://apo-opa.co/4nr4ga5) (for individual use) to block phishing attempts.

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As global carbon markets shift from rule‑setting to real transactions, with Article 6 mechanisms advancing and compliance‑driven demand such as CORSIA coming into sharper focus, attention is turning to where credible supply and policy certainty can be delivered at scale. For Africa, this marks a transition from carbon market readiness to delivery. Against this backdrop, the Carbon Markets Africa Summit (CMAS) 2026 will take place from 13–15 October 2026 in Kigali, Rwanda, bringing together policymakers, investors, buyers, project developers and market enablers at a pivotal moment for global carbon markets. The Summit is delivered with the support of the Ministry of Environment of Rwanda, in partnership with the United Nations Development Programme (UNDP), the African Development Bank (AfDB), the Development Bank of Southern Africa (DBSA) and AUDA‑NEPAD, and with support from private sector partners such as SGS and Anthesis. Rwanda has emerged as one of Africa’s most advanced carbon market jurisdictions, with active engagement under Article 6 of the Paris Agreement and a strong focus on mobilising climate finance. “Rwanda has made a deliberate choice to position carbon markets as a tool for climate action, investment mobilisation and long-term development,” said Dr. Bernadette Arakwiye, Minister of Environment, Rwanda. “Hosting CMAS 2026 reflects our commitment to building credible and investable carbon projects that deliver real value for our economy, communities and climate goals.” At a continental level, carbon markets are increasingly seen as a strategic financing mechanism for development. “The Summit provides a timely platform for African countries to shape the future of carbon markets in line with the continent’s development priorities, and reflects the growing momentum to build credible, high-integrity markets that deliver real value”, said Olufunso Somorin, Regional Principal Officer, Climate Change and Green Growth Programme, African Development Bank. “The Bank remains committed to working with our countries and partners to strengthen the policy, regulatory, and institutional frameworks needed to scale carbon markets, attract investments, and ensure Africa is well-positioned in global carbon markets.” “As Africa transitions to a low‑carbon economy, the mobilisation of private capital is needed at scale to support climate mitigation activities and build climate‑resilient infrastructure,” said Kumesh Naidoo, Carbon Markets Lead at the Development Bank of Southern Africa (DBSA). “As a regional DFI, the DBSA recognises the importance of carbon markets as a climate finance tool and has intentionally stepped forward to support their development through carbon financial instruments, capacitation support and the building of a robust carbon project pipeline. Partnering with CMAS 2026 provides the DBSA with a platform to advance these objectives.” CMAS 2026 is held under the theme: “Africa’s Carbon Markets on the Global Stage: Delivering a Strong Pipeline of Projects, Capital and Transactions at Scale”. As scrutiny on carbon market integrity intensifies, Africa’s carbon assets are increasingly viewed as tools for financing development and strengthening economic sovereignty. “High‑quality carbon markets offer Africa a unique opportunity to translate its vast natural capital into tangible economic value – mobilising finance at scale while empowering countries to pursue development pathways that are both sustainable and sovereign,” said Maxwell Gomera, UNDP Resident Representative in South Africa and Director of the Africa Sustainable Finance Hub. Designed as a market‑enabling platform, CMAS 2026 focuses on alignment between policy, capital and delivery. “We are deliberately shifting the focus from readiness to delivery,” said Emmanuelle Nicholls, Group Director: Green Economy at VUKA Group, the Summit organisers. “CMAS brings policy, capital and projects into the same space to support real transactions and long‑term market credibility.” The programme includes Article 6 and CORSIA workshops, investor and buyer roundtables, curated project presentations, deal rooms and solution‑labs addressing key bottlenecks such as early‑stage finance, MRV capacity and authorisation in practice. Ministerial roundtable and targeted networking formats support coordination and commercial outcomes. Register: https://apo-opa.co/49Kcmpy Get involved: https://apo-opa.co/3R8m6DR

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Tuskys mulling special listing at the bourse

MOST POPULAR

KCB to offer tailored financing to universities

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