Finclusion Group, mTek Enhance Cooperation Through Sh340m Investment Funding

On the heels of a recent $1.50 million (KSh 170 million) investment which helped to unlock for Kenyan citizens greater, real-time access to health insurance, plus other general insurance products, Kenyan insurtech and digital insurance platform mTek has secured an additional investment commitment from African-focused fintech platform, Finclusion Group, to-date totaling $3 million (KSh 340 million) – through both debt and equity. The intensified cooperation seeks to accelerate mTek’s growth into the Kenyan marketplace through continual improvements to the platform and via the expansion of its customer base. mTek’s Chief…

Real Estate Firm Director in yet another Land saga

National Cooperative Housing Union (NACHU) is on the spotlight again after acquiring a parcel of Land from Sasini in a fraudulent way.   The housing Cooperative union has been receiving money from clients despite the fact that the land they are selling doesn’t have genuine title deeds.   Few months ago the one of the directors John Mbugua Ndichu was arrested in what after failing to appear in court on charges of money laundering and caring out developments without valid documents.   In the charge sheet before the court, Mbugua…

Telkom launches Changa Bundle to enable Kenyans to share Data, Minutes, Voice and SMSs

Technology company Telkom has launched the Changa Bundle to enable Kenyans share data, minutes, voice and SMSs. Telkom prepaid customers now have the opportunity to acquire 100 GB of data, 200 on-net minutes, 50 off-net minutes, and 200 SMSs for KSh 1500. This Changa Bundle can be shared with 3 to 5 friends and family members. A Nominator (Main Purchaser) will first buy the bundle, then set up a group with at least 3 and at most 5 members. The Nominator’s number is subscribed automatically. Changa Bundle groups will then be set up within 24 hours,…