Kenya Orient Life Assurance Limited Upscales The Financial Skillsets Of Agency Managers

Kenya Orient Life Assurance Limited has set out to upscale the financial skillsets of its agency managers by empowering them with the book Wallet Words. Wallet Words by author and financial coach Wahome Ngari is a practical guide to managing personal finances for financial fitness. The life assurance provider through the book aims to empower their agency managers with knowledge and skills that will help them offer viable solutions to their respective sales agents and clients while diligently managing their finances and investments. “Our mission as a life assurance provider has been to provide relevant lifetime financial solutions to our…

Bank of Kigali books KES926 million new diaspora customer deposits in four months

  Bank of Kigali has booked KES926 million (Rwf8.1 billion, ($7.9 million) new customer deposits from Rwandans in diaspora within four months. The cash deposits were collected from existing and new customers following a successful marketing campaign that saw 302 new diaspora banking accounts opened. The diaspora banking campaign targeted at Rwandans in diaspora, who were required to deposit KES114,000 (Rwf1 million, $1,000) in either a new diaspora account or in their existing diaspora accounts to stand a chance of winning a round-trip air ticket from anywhere in the world…

SAMSUNG PUSHES THE BOUNDARIES OF SMARTPHONE VERSATILITY WITH THE LAUNCH OF ITS FOURTH-GENERATION FOLDABLES

Samsung Electronics today announced the next generation of ground-breaking foldable smartphones: Galaxy Z Flip4 and Galaxy Z Fold4. Both devices feature customizable form factors, tailored experiences, and upgraded performance.  Galaxy Z series continues to break from convention to deliver new, impactful interactions that enhance everyday life, now in it’s fourth generation. Samsung Galaxy Z Fold 4 that comes with 12GB RAM and 512 GB internal storage will be retailing at Kshs 256,999 whereas Galaxy Z Flip 4 that comes with 12GB and 256GB internal storage will be retailing at Kshs 142,999.…

KCB in KShs. 13M Loyalty Cash Rewards to Customers

KCB Bank Kenya has unveiled a loyalty rewards campaign that seeks to appreciate its customers, merchants, and agents. Dubbed “Simba Rewards”, the campaign will see customers and partners who perform the highest number and value of transactions through Money Transfers, Vooma and Bank Agents, Card transactions, securing loans, or increased deposits by MSME and Premium customers, get cash rewards throughout the campaign that runs until December 2022. Qualifying transactions include sending money, receiving money from businesses and customers, and transfers from a financial institution to KCB Bank mobile wallets and accounts.…

NBK Secures USD 10 Million Commitment from Impact Investor, WaterEquity, to Extend Credit to the Water, Sanitation & Hygiene (WASH) Sector

National Bank of Kenya (NBK) has today announced its partnership with global asset manager WaterEquity to enhance financing to public and private water utility companies and micro, small, and medium-sized enterprises (MSMEs) boosting the KShs. 5 Billion NBK Majikonnect programme up to an additional USD 10 million. Acting NBK Managing Director Peter Kioko reaffirmed the bank’s commitment to supporting last mile connectivity in the water sector through increased access to financing:  “We are excited to partner with WaterEquity who are intentionally focused on solving the global water crisis. NBK’s collaboration with WaterEquity…

Kisumu and Siaya leading in Election Related Sexual and Gender Based Violence-FIDA Report.

Siaya County has the highest number of sexual gender-based violence against women aspirants, voters, and supporters, a new report has shown. According to the Federation of Women Lawyers (FIDA-Kenya) report on Election Sexual Gender-based Violence that was conducted between April 2022 when the party nominations began and the end of June 2022, at least 745 cases were reported in 24 counties. Siaya county recorded a total of 59 cases with Samburu being the lowest with 13 cases. “SGBV is still prevalent against women aspirants, voters, and supporters. The study is…

Sports Photography Tips and Tricks From Frank Darkwah

The famous adage ‘necessity is the mother of invention’ rings true for writer turned sports photographer Frank Darkwah. Earlier, when writing about Ghanian football games Frank often faced a dearth of quality pictures to elucidate his words. It happened far too often so he decided to take some photos himself and create a repository to supplement his stories. Little did he know that he was a natural at it. Since his first game, Frank has never stopped clicking and as they say, the rest is history – or more aptly…

DRC-Based Lender Trust Merchant Bank (TMB) To Be Acquired By KCB Group Plc

KCB Group Plc has entered into a definitive agreement with shareholders of TMB to acquire a majority stake in the Democratic Republic of Congo (DRC)-based lender.   The transaction is expected to close by the end of the third quarter of 2022, subject to regulatory, shareholders and other approvals. This will see KCB acquire 85% of the shares in TMB while the existing shareholders will continue to hold the balance for a period of not less than 2 years after which, KCB will acquire their shares.   KCB will pay…

Technical Proficiency and Innovation Employed by Pwani Oil to Boost Customer Experience

Pwani Oil has today announced employing new innovations and technical know-how to produce the first ever mass-produced chocolate soap in Africa dubbed Sawa Chocolate. The move is aimed at boosting customer experience and staying ahead of the competition, while embracing modern technology in its soap  manufacturing segment. Moreover, it is informed by the need to offer customers something fresh, fun, quality and affordable which rank high among rising consumer needs. This, even as it seeks to meet growing customer demand for a perfectly formulated soap that lathers well with the…

Launch of Jumia Food Mart in Kenya Paves Way for Consumers to Enjoy Record 20-Minute Delivery

Jumia consumers will from today enjoy a record 20-minute delivery when they order basic essentials and personal care products following the launch of Jumia Food Mart on the platform. The move is aimed at tapping into the increased consumer demand for faster delivery of everyday essentials while offering convenience at its best. To support faster delivery, the company has opened new neighborhood fulfillment warehouses. Consumers will also benefit from free delivery on Jumia Food Mart. Last-mile delivery via micro fulfillment centers within the neighborhood is a new concept that will…