Safaricom’s unwavering support for the development of golf among women and girls

Safaricom, through its spirit of Tuinuane, has for more than two decades used sports such as golf to nurture and support talent to transform lives. Part of this support includes KES 26.8 million sponsorship towards the third edition of the Magical Kenya Ladies Open at Vipingo Ridge, Baobab Course in Kilifi County. This is a premier event that puts Kenya and the East African region on the world map. Since 2019, Safaricom through the M-PESA brand has supported the Magical Kenya Ladies Open with sponsorship of over KES 60 million.…

Are ERP Systems Expensive?

By Mark Wilson, Chief Executive Officer of SYSPRO EMEA As manufacturers seek to eliminate process inefficiencies and maximise profitability, they are adopting automation and turning to digital technologies that provide them cross-departmental visibility and control of their operations. While adopting an Enterprise Resource Planning (ERP) is a great place to start. Originally designed to manage quality and inventory in large manufacturing enterprises, ERP systems have transformed to support a much wider range of organisations as it seamlessly integrates business operations. However, various misconceptions exist about ERP systems that prevent organisations…

SAMSUNG ELECTRONICS EAST AFRICA UNVEILS GALAXY S23 SERIES DESIGNED FOR A PREMIUM EXPERIENCE

Samsung Electronics Co., Ltd has unveiled the Galaxy S23 Ultra, Galaxy S23+, and Galaxy S23, marking a new era of Samsung Galaxy’s ultimate premium phone experience. Samsung Galaxy’s epic camera gives users more freedom to explore their creativity, like capturing truly cinematic Nightography videos with transformative AI. The “Snapdragon® 8 Gen 2 Mobile Platform for Galaxy” unleashes a premium experience, including groundbreaking AI, future-ready mobile gaming experience and powerfully sustained game play with the world’s fastest mobile graphics.   On the Galaxy S23 Ultra, an embedded S Pen  that many long-time…

Property Market Resilient Despite Challenging Economic Times-Knight Frank

Prime residential property prices recorded a 3.77% annual increase, recording an upward growth for the second year, according to the latest Knight Frank Kenya Market Update. During the period under review, Rosslyn Grove, a high-security development by Verdant Ventures comprising 90 townhouses, was completed and handed over to the United States Embassy in Kenya, last August. The development was awarded the Best high-end residential development during the sixth edition of the API Summit in September. “The market was buoyed by the entry of multinationals into Kenya as well as a…

Convergence Partners raises $296 million to Drive Digital Inclusion Across Africa

 Convergence Partners, the leading private equity investor dedicated to the technology sector across sub-Saharan Africa, is proud to announce the successful closing of its Convergence Partners Digital Infrastructure Fund (CPDIF) at $296 million, surpassing its initial target by over 18%. This achievement is despite subdued private capital fundraising on the Continent in 2022. The recent close of CPDIF marks a significant milestone for the company, as it represents Convergence Partners’ largest fund to date, bringing total funds under management to more than $600m. The close was backed by a combination…

EQUITY BANK COMPLETES THE ACQUISITION OF CERTAIN ASSETS AND LIABILITIES OF SPIRE BANK

Equity Bank (Kenya) Limited (EBKL), has completed the acquisition of certain assets and liabilities of Spire Bank Limited following receipt of regulatory approvals from the Cabinet Secretary Treasury and Planning under Section 9 (1) of the Banking Act, the Central Bank of Kenya under Section 9, ( 5) of the Banking Act, the Sacco Societies Regulatory Authority, the Competition Authority of Kenya, and corporate approvals from the board and shareholders of EBKL, Mwalimu National Savings & Credit Co-operative Society Limited (Mwalimu Sacco)  and Spire Bank. The completion of the acquisition…

BK Group donates KSh124.5 million to set up its Foundation

BK Group has donated KSh124.5 million to its charitable arm for philanthropic support of needy groups across Rwanda. The Foundation will continue different charitable initiatives currently run under BK’s Corporate Social Responsibility unit. “This foundation was inspired by the incredible work led by the first lady to touch the people of this country and beyond through the Imbuto Foundation,” said BK Group Chairman, Marc Holtzman, during launch of the BK Foundation. BK Foundation will be headed by an Executive Secretary, Ingrid Karangwayire. The seed capital was contributed by the Group’s…

BLISS HEALTHCARE APPOINTS DR. DENIS OGOLLA AS THE NEW CHIEF OPERATING OFFICER AS IT EYES REGIONAL EXPANSION

Bliss Healthcare’s Board of Directors has announced changes to its leadership structure with the appointment of Dr. Denis Ogolla as the new Chief Operating Officer. This was after the promotion of its former Chief Operating Officer, Dr. Gabriel Njue to the role of Chief Executive Officer. The announcement came against the backdrop of the organization’s ambitious expansion agenda which will see its foray into the East African region of Uganda, Tanzania and Ethiopia. Dr. Denis Ogolla has over 22 years of experience in the healthcare industry. He is a seasoned…

Samsung Electronics,Director Kaufman Partner To Showcase The Galaxy Epic Camera Experience

Samsung Electronics Ltd. has announced its partnership with Oscar-winning writer and director Charlie Kaufman, showing how everyone can shoot and share spectacular movies thanks to the Samsung Galaxy’s superior camera experience. Best known for Eternal Sunshine of the Spotless Mind and Synecdoche, New York, Kaufman took advantage of the Galaxy S22 Ultra’s filming capabilities to create a short visual art film in beautiful, crystal-clear detail. The film, titled “Jackals and Fireflies”, is based on a poem by Eva H.D. who plays the role of poet, narrator, and lead actor in…

LG’s Newest UltraGear Gaming Monitor Named the Official Display of League of Legends EMEA Championships 2023

LG Electronics’ latest UltraGear™ gaming monitor (model 25GR75FG) has been named the official display of the League of Legends EMEA Championship (LEC) 2023. The new monitor will make its debut during the upcoming LEC season, which begins this weekend, supporting players from the region’s top teams as they battle it out for tournament honors. “LG is very excited to introduce the 25GR75FG at the upcoming LEC 2023. This Super-fast gear fine-tuned for the demands of professional esports offers an incredible high-performance display that will be in the thick of the action as the best teams in the…