Pictorial; PwC Tax Report

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Pictorial; PwC Tax Report

Staff Writer - October 16, 2019

PwC’s REPORT LAUNCH ON TOTAL TAX CONTRIBUTION OF THE BANKING SECTOR, HELD AT SERENA HOTEL. Caption: From left: Kenya Revenue Authority (KRA) Deputy Commissioner – Domestic...

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13 artisans travelled to Nairobi to showcase their products at Bizarre Bazaar Global Village, one of Kenya’s largest open-air markets for art, fashion and design. The artisans, from both refugee and host communities in Turkana, made 102,000 Kenyan shillings in sales over just two days. ‘It was more than just a market – it was a space to learn, connect and dream bigger,’ said Rodgers Mugaragu, a refugee artisan attending the event for the first time. With more than 100 vendors from across the country and beyond, Biz Baz is a vibrant platform for small producers to display their work and explore new business opportunities. ‘With ITC’s support, I’ve attended Biz Baz twice. The first time, I learned about product quality and value addition,’ said Josephine Alogogita Lobur from the Lodwar host community. ‘Since then, I’ve improved my designs to meet market standards. This year, I connected with new clients, exchanged ideas with other artisans, and gained inspiration to keep growing my business.’ Beyond immediate sales, the experience has strengthened participants’ confidence to run their own enterprises, paving the way for greater financial independence and long-term self-reliance. The group also visited ITC’s Ethical Fashion Initiative (EFI) centre in Nairobi to learn how local artisans collaborate with EFI to produce high-quality, market-ready goods. Opportunities like these help artisans gain exposure to national buyers and new markets, strengthening small businesses and generating income. Increased opportunities also mean better cohesion between refugees and host communities.

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Azentio Software (www.Azentio.com) , a leading technology enabler in the BFSI space, announced the launch of Azentio Loan Origination, its next-generation product that redefines how financial institutions scale credit operations across retail, SME, and corporate segments, and supports both conventional and Islamic financing. According to Deloitte (http://apo-opa.co/46lKYvA), today’s lending market demands speed, personalization, and easy digital access. Azentio Loan Origination enables banks and financial institutions to onboard customers quickly, make accurate credit decisions, and provide a seamless borrower experience, all while staying compliant with evolving regulations. Reimagining speed and personalization in lending With Azentio Loan Origination, lenders can launch new products up to 70% faster. Built-in compliance for each region shortens time-to-market from months to weeks. This enables lenders to avoid delays, accelerate innovation, and identify new growth opportunities. Smarter credit decisions for precision and efficiency Azentio’s new loan origination offering streamlines every step of credit decisioning with automation at its core. Its policy-driven framework seamlessly integrates with KYC, AML, and credit bureau systems to reduce approval delays and minimize manual errors. Pre-configured integrations and dynamic workflows make onboarding faster and simpler, helping banks lower drop-offs and improve decision accuracy. With compliance built in for both conventional and Islamic finance, lenders can grow without regulatory risk. Future-ready architecture for scalable growth Azentio Loan Origination is cloud-ready, scalable, and integrates easily with existing technology stacks, enabling financial institutions to expand into new regions. Its open framework ensures resilience, adapts to regulatory change, and supports new capabilities such as advanced analytics and alternative data without causing significant disruptions. “Banks are under pressure to deliver seamless digital experiences while navigating tougher regulatory landscapes,” said Guru L, Senior Vice President, Lending – Product Management, Azentio. “Azentio Loan Origination brings speed, intelligence, and compliance together in a single offering, enabling financial institutions to innovate and scale. With this launch, we are equipping the industry not just to keep pace with change, but to lead it.”

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Aurionpro Solutions Limited (www.AurionPro.com) (BSE: 532668 | NSE: AURIONPRO), a global leader in banking technology, announced the expansion and upgrade of its transaction banking engagement with Diamond Trust Bank (DTB), to modernize and enhance the bank’s corporate transaction banking capabilities across multiple countries. Download Document: https://apo-opa.co/4edHUaC This multi-country transaction banking upgrade covering Kenya, Uganda, and Tanzania aligns with DTB’s intent to enhance customer experience, streamline operations, and support growing transaction volumes as it expands its regional corporate banking footprint. DTB continues to focus on building a more agile, 'digital-first' banking experience, particularly around payments for its corporate customers across Africa, and is now well positioned to scale these capabilities. As part of its broader transformation agenda, the bank has been steadily investing in platforms that enhance scale, reliability, and service consistency across markets. Aurionpro’s upgraded iCashpro platform for DTB delivers a unified digital experience across payments, trade, virtual accounts, and real-time reporting, enhancing straight-through processing, visibility, and control for both the bank and its corporate customers. By enabling DTB to standardize and scale its transaction banking operations across countries, the platform ensures consistent service levels, stronger control, and improved efficiency. It also supports enhanced user experience, advanced security, and the flexibility to introduce new features as DTB expands its regional transaction banking footprint. Murali Natarajan (https://apo-opa.co/48trPdk), Managing Director & CEO, DTB Kenya commented: “We are delighted to strengthen and broaden our partnership with Aurionpro Solutions as part of DTB’s ongoing digital transformation journey across multiple markets. Our focus on innovation, operational excellence, and customer-centricity continues to guide our technology investments. This upgrade strengthens our transaction banking capabilities, enabling us to deliver greater value to our customers through robust digital channels and seamlessly integrated experiences.” Ashish Rai, Group CEO, Aurionpro Solutions, commented: “We are pleased to deepen our multi-country engagement with Diamond Trust Bank and support the next phase of its transaction banking modernization. As DTB continues to scale across markets, platform resilience and consistency become paramount. Through this partnership, we are proud to lead the next era of transformation in transaction banking, helping DTB enhance operational agility, deliver superior experiences to corporate customers, and create long-term value across geographies.” He added, “Aurionpro’s iCashpro lays a strong digital foundation for transaction & wholesale banks across the globe to grow their corporate and SME client portfolio today, while creating a clear roadmap for next- generation capabilities in AI-driven insights, advanced automation and API-led connectivity for businesses in Kenya and across Africa.”

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Çelebi Aviation (www.CelebiAviation.com) has announced its entry into the Kenyan market, marking a key milestone in its expansion across Africa and reinforcing its focus on high-potential regions. With more than 65 years of experience in ground handling and cargo services, the company continues to operate with a strong emphasis on transparency, ethical standards, and full regulatory compliance. Its global footprint spans Europe, Asia, and Africa, where it consistently delivers high standards of safety, operational excellence, and customer satisfaction. The move aligns with a broader strategic recalibration. Following the conclusion of its concession agreement in Tanzania, Çelebi Aviation opted not to continue operations in the country under the existing structure after a comprehensive review. This decision reflects a disciplined, value-driven approach to growth and a clear focus on markets that offer sustainable, long-term opportunities. The expansion into Kenya signals confidence in the region’s aviation potential and supports the company’s ambition to deepen its presence across the continent. Çelebi Aviation continues to prioritize markets where it can leverage its global expertise to drive efficiency, service quality, and long-term value creation. Operations across all existing markets remain uninterrupted, backed by a strong operational infrastructure and an experienced workforce. The company also maintains its commitment to contributing to local economies and employment in every geography it serves. As Çelebi Aviation advances its global growth strategy, this latest step further strengthens its position as a trusted aviation services partner across emerging and established markets alike.

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Enlit Africa has announced dedicated nuclear-focused content within its 2026 conference programme, positioning nuclear not as a theoretical debate but as an execution topic centred on addressing delivery constraints, readiness and real-world decision-making. The event takes place on 19–21 May 2026 at the Cape Town International Convention Centre in Cape Town, South Africa. As countries and utilities balance energy security, affordability and decarbonisation goals, nuclear is increasingly being evaluated through the lens of implementation: life extension, supply chain capability, regulatory readiness, skills and grid integration. Enlit Africa’s nuclear programme coverage is designed to bring together utilities, regulators, policymakers, technology providers and financing stakeholders to engage on these practical enablers. Nuclear programme coverage will include: Koeberg life extension as an execution case study: lessons on planning, delivery and operational readiness for life extension programmes New build readiness and procurement realities: a focus on the governance, sequencing and decision frameworks required to move from intention to delivery Grid integration and system planning: discussions on how nuclear fits within wider system reliability, transmission planning and long-term capacity strategies Supply chain, localisation and skills: what it takes to build durable delivery capability beyond individual projects “The conversation is shifting from whether nuclear is part of the mix to what it would take to deliver it responsibly and successfully,” said Claire Volkwyn, Head of Content, Power, Energy and Water, VUKA Group. “We are structuring this content around execution: readiness, regulation, supply chain, skills and system integration.” Enlit Africa, created by VUKA Group, forms part of a broader delivery-focused agenda spanning power and water infrastructure. The full programme is available online.

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Pictorial; PwC Tax Report

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