Nestlé calls on Kenyan innovators to take part in its R&D innovation challenge

Nestlé has invited Kenyan innovators and entrepreneurs to take part in its ongoing Research and Development (R&D) innovation challenge in Sub-Saharan Africa as part of the company’s efforts to contribute to the local innovation ecosystem. The challenge will help boost local entrepreneurship, as well as provide a platform for start-ups and universities to contribute to local sustainable growth by bringing breakthrough ideas to the market. Other countries participating in the Nestlé R&D innovation challenge include Ghana, Côte d’Ivoire, Nigeria, Senegal and South Africa. The goal is to work collaboratively with…

Haze is clearing for cannabis investors

Few Investment opportunities promise the potential highs and lows offered by the Cannabis Industry. Pot stocks are smoking hot. Like dozy eyed stoners jolted awake by a 2 am pizza delivery, investors are rousing to the possibilities offered by this largely-elicit substance.  More than 25 countries are apparently considering the legal status of the wicked weed, and its reputation as a business proposition is rapidly evolving. If you can handle volatility in the shorter term, the longer term looks fruitful. The legal marijuana market could hit USD 66 billion globally…

StanChart shifts focus to youth as it launched new community investment strategy

Kariuki Ngari, CEO Standard Chartered Bank Kenya. Through its Futuremakers programme, the Bank’s global ambition is to raise USD50 million and build the entrepreneurship capability of 50,000 micro, small businesses Standard Chartered Bank has launched a new community investment approach that focuses more on youth empowerment through education, employability and entrepreneurship opportunities. The new social investment strategy dubbed Futuremakers seeks to build on the community impact and achievements of Seeing is Believing, the Standard Chartered Marathon mantra. “More than 20% of Kenyans are youth, yet the economic opportunities to finding…

Good news to DStv and GOtv Subscribers as 2019 Afcon Comes home

It’s Africa’s football stars’ time to shine! As Africa’s top footballers get together in Egypt this June for the continent’s biggest football tournament, SuperSport will bring all the action live and in HD! Kenya will play its first match on 23rd June 2019 against Algeria in the group stages and DStv and GOtv subscribers can gear up for the action at no extra cost. In true SuperSport Style with live games and HD coverage, magazine shows, detailed pre and post-game analysis from leading football experts and well packaged highlights, DStv…

Learn about the new generation of rock climbers in Kenya

This week on Inside Africa, CNN International travels to Kenya to explore its iconic climbing culture. From urban walls to Mount Kenya’s snowy peaks, the programme learns how a new generation of climbers are conquering their own mountains. Kenyan born Allan Wide tells the writer how significant his sport, rock climbing, is to Kenya. He says:  “Climbing has always had quite a culture in Kenya. To understand it, I think you’ve probably got to go back quite far… the first ascent of Mount Kenya was in 1899. At that time…

Sonko advices youths to shun criminal life

Nairobi Governor Mike Sonko has called on Kenyan youths, and specifically those in Nairobi to keep off criminal activities. The Governor has urged juvenile criminal gang members in the county to stop their ways or risk painful death. Sonko said he is ready to help them transform their lives and become useful members of the society. Speaking at Dandora where he addressed  youths in an impromptu visit,Sonko said he still relates with youths because he was once in their shoes. “I was in that life but left. If I can…

shocking as Dozens of elephant carcasses found in Botswana

It’s one of the world’s last sanctuaries for African elephants. But now, Botswana says, its population of the animals will be fair game for hunters. The southern African nation, which is home to 130,000 elephants — more than anywhere else on the continent — imposed the ban in 2014 to help declining numbers recover from poaching and shrinking habitats. Late on Wednesday, Botswana’s government scrapped the ban, shrugging off criticism from some environmental groups and conservationists. It cited increasing conflict between humans and elephants, as well as the need to…

Liverpool vs Tottenham: A great English Showdown in Madrid

In a little over 24-hours’ time, the Wanda Metropolitano in Madrid will host the 64th Final of European’s Premier Cup competition and the 27th Final since the tournament was rebranded as the Champions League nearly 3 decades ago. The 2018/19 Final between Tottenham and Liverpool is only the second all-English climactic fixture of the competition since it’s original inception in 1955, and it sets up a mouth-watering local skirmish on a continental battleground in the Spanish capital. There is no denying that Liverpool have been absolutely sensational this season, and it’s quite…

Maritime and Shipping PS calls assures Seafarers Union of government protection

Maritime and Shipping Principle Secretary Nancy Karigithu addressingjournalists during the inauguration of board members of Bandari Maritime Academy held at Bandari College in Mombasa County. By  Tobby Otum Maritime and Shipping Principle Secretary Nancy Karigithu said the Seafarers Union of Kenya (SUK) is a validly registered party under the trade unions act. She insisted the government won’t allow the affairs and welfare of the seafarers to be handled casually. “The splinter group under the name of Kenya Seafarers Welfare Association [KSWA] was formed as a result of an election despute,” she pointed out. Karigithu said the government won’t recognize the…

NATIONAL BANK RECORDS KES 106 MILLION PROFIT IN Q1

National Bank of Kenya has today announced an after tax profit of Kes 106 million for the period ending March 31, 2019. This represents 138% increase in profitability from the loss position in quarter one 2018 which was occasioned by one-off exceptional item. The profit is mainly attributed to growth in operating income from. Customer deposits increased to Kes 89 billion compared to Kes 86 billion in quarter one 2018 as the banks strategy of driving business growth through enhanced mobile offering, diaspora and MSME continued to bear fruit. This…