Author: Amos Njau

Opera launches 2019 State of Mobile Web Report for Africa

Amos Njau

40% of Kenyans using global mobile browser Opera Mini access online social media site Facebook, says global survey. 40% of Kenyans using global mobile browser Opera Mini access online social media site Facebook, says a 2019 State of Mobile Web Report for Africa.  The report which gives a detailed look at the digital landscape of the African region further details that eight out of ten people access Facebook on a daily basis with Opera Mini registering on average 73 million browsing results to social media platforms in Q1-2019 in Africa.  According to…

Saccos receive Sh3.8b dividend from Co-op Bank

Amos Njau

Savings and credit societies (SACCOs) which together have a controlling stake at Co-operative Bank, have received an Sh3.8 billion dividend windfall. This year’s dividend payment is the highest ever and matches the entire initial investment by the co-operative movement in the bank, thereby enabling them to recoup their investment in full. Co-operative Bank Chairman John Murugu and Chief Executive Gideon Muriuki handed over an Sh3.78 billion cheque to the saccos’ umbrella body, Co-op Holdings Co-operative Society after the AGM. The Chairman of Co-op holding  Co-operative Society Mr. Macloud Malonza has…

Star Times to broadcasts UEFA Europa League till 2021

Amos Njau

Pay Tv StarTimes Media has been accredited exclusive rights to air 205 live UEFA Europa League during each of the three (3) season till 2021. The development adds to the already rich football action available on the StarTimes platform which includes broadcast rights to the on-going German Bundesliga, French League 1, Ghana Super League as well as the FIFA Club World Cup which is expected to kick off in December. The media rights will run across all platforms including pay television and online mobile application enabling subscribers to access the…

Trans-Century PLC records a 46% reduction in loss before tax

Amos Njau

By Barbra Onkoba Trans-Century PLC (‘TC”) has announced 46% reduction in loss before tax in a half year results ended June 30, 2018 The gain to curbs the loss demonstrates traction in turning around the Group’s performance as the group reported a 54% gross profit. http://Also Read: https://www.ceoafrica.co.ke/community-based-versus-high-walls/ The company is turning around its operations and management to redeem to its initial profit generating investment. In the previous year, the group recorded gross profit margins from 14% to 27% in the period under review.