ESET setting standards in Cyber security awareness

ESET, a global IT security solutions firm with over 110 million users in 202 countries and territories is drawing your attention to the changing trends in the use of technology, where most Kenyans are always online. ESET’s Brand Ambassador Dr. Bright Gameli Mawudor, the Founder of the Cyber Security collective Africahackon,  while holding a media deliberations meeting  recently in Nairobi said devices such as personal mobile phones, tablets and laptops said they have inevitably found themselves connected to company networks through WIFI internet connections. He also said what many do…

DIB Bank in a 4.3 b expansion strategy into the Kenyan market

Kamukunji MP Yusuf Hassan Abdi cuts the ribbon to officially open the DIB Bank Kenya Eastliegh Branch. Looking on are the DIB Bank Kenya Board Director Michael Murphy and CEO Peter Makau.   Dubai Islamic Bank (DIB) is investing 4.3 billion for expansion in their business in Kenya. This comes after the bank registered a 665 million loss in their first year of operation in the country. DIB Bank Kenya, which offers exclusively Shariah Banking services, launched a new branch in Eastleigh as the bank starts to implement an expansion…

Tax agents charged for aiding tax evasion

Three tax agents were today charged at a Mombasa court for aiding two companies to fraudulently reduce their Value Added Tax (VAT). The two were charged alongside directors of the two companies. The tax agents from Ogot &Associates, together with directors of Gaab Transporters Limited and Samumu Construction Services were charged with several counts in two separate cases. They appeared before Mombasa Senior Resident Magistrate Christine Ogweno. In one of the cases, the accused persons, Mohamed Moalin Mohamed, a director of Gaab Transporters Limited as well as Wilson Ogot Owera,…

KRA wins case against Dubai firm seeking to stop collection of KShs 2.3 billion tax debts

The High Court in Nairobi has ruled in favour of KRA in a case filed by a Dubai based company seeking orders to stop KRA from collecting KShs 2.3 billion in tax debts from its affiliate company registered and operating in Kenya. Justice Pauline Nyamweya on 23rd September 2019 ruled in favour of KRA and struck out a Judicial Review filed on 28th July 2018 by   United Arab Emirates registered firm, Suzan General Trading JLT. Suzan General Trading JLT had sought among others an order to stop KRA from enforcing the warrants…

Quickmart supermarket now in Westland

By Kelvin Majangah Fast rising retailer Quickmart Supermarkets has opened a new branch along Waiyaki way as it count on quality services and convenience to penetrate the country’s competitive retail sector. Quickmart’s latest strategic location is expected to serve customers in the wider Westland’s region region that includes Loresho, Kangemi, Lavington and Kinoo neighborhoods.where residents have been having limited shopping options. The new Wayaki way branch that has at least 100 attendants brings the retailer’s total outlets to 11, adding to the two in Nakuru, and one each in Kahawa…

Need an Apartment? Purple Haze Residences development has what it takes

Purple Haze Residences development is situated off Dennis Pritt Road on Kitale Lane and it offers luxury residential 2 and 3 bedroom apartments as well as 3 and 4 bedroom penthouses all designed in modern living architecture and fitted with world class appliances. The name came up due to the Jacaranda trees and flowers that were blossoming in the land the development occupies and it is the ideal choice for anyone looking for space, luxury, comfort, security and serenity. During an exclusive interview with the Director of Purple Haze Mavji Varsani, he noted…

Co-op Bank Hosts Customer Networking in Eldoret

Co-operative Bank held customers networking in Eldoret to train chief executives from the region to  deliberate on key issues concerning the cooperative industry. The Customer Networking Forums for Micro, Small & Medium-sized Enterprises (MSMEs)  is targeting customers Country wide aiming to upper their strategies on how to grow their businesses and the operating environment. The Customer Networking Forums are a key part of Co-op Bank’s MSME program as it is widely acknowledged that MSMEs need the insights and training on economic matters that have a direct bearing on their business, and…

KCB Bank Commits KShs. 10M for Fintech Summit

KCB Bank Chief Operating Officer Mr Samuel Makome hands over a dummy cheque of Kshs 10 million to CBK Governor Dr Patrick Njoroge. The money will go towards facilitating the Afro Asia FinTech Festival 2019, a first of its kind in the region.   KCB Bank Kenya has today committed KShs. 10 million to the Afro-Asia Fintech Festival 2019, a first of its kind in the region which will be held next week. The funds will go into supporting the mega financial technology (Fintech) summit being hosted by the Central Bank…

Dr. James Mwangi: As a Leader, you should always have a clear turnaround strategy

Kimutaielves@gmail.com society needs to change one perception that government is for creating businesses for the people especially the youth. That is not true. It is creative ideas that brings about business opportunities. People need to see and treat the government simply as a regulator and formulator.” Every leader faces trying times, both internally and externally. Those external factors are often the most difficult to contend with since they are outside of a leader’s control. In fact, the current business climate has generated many shared concerns among managers across the board, regardless of the industry they…

Tala Celebrates Five Years of Advancing Financial Inclusion in Kenya

Tala, the leading consumer lending app in emerging markets, has disbursed loans to over 2.5 million customers globally. This was revealed during the celebrations to mark the company’s five-year anniversary. When Tala (formerly Mkopo Rahisi) launched in Kenya in 2014, it was the first in the world to offer unsecured mobile lending direct to consumers. Since then, Tala has expanded credit access across Kenya by using alternative data to instantly underwrite and disburse credit to people who have been excluded from traditional finance due to lack of credit history or…