REPORT: 83% of Kenyans are happy with mobile loan apps

Microloans are small loans offered to people over a shorter period of time, typically without providing any form of security for the lender and often without requiring a credit history from the recipient. They are very similar to credit cards, but are more widely available, especially in markets where a majority of the population is underbanked. People in such markets often don’t have bank accounts or the ability to get a credit card. In recent years, the growth of the internet and easier access to smartphones have been great for…

Guinness Night Football champion to compete in continental fete

Edward Kamiru to participate in Pan-African championship in Lagos, Nigeria, after winning against 20 competitors in a Guinness Night Football Goal Challenge tournament competition. The win came after he knocked out Jeff Wachira, Enoch Kibet and Dennis Mwandikwa in the finals. The Guinness Pan-African championship will take place on 31st January 2020 which will be hosted by Guinness ambassador and football legend, Rio Ferdinand. Guinness consumers were tasked to recreate the best of premier league goals scored by English Premier League players where participants were required to hit the target…

Co-operative bank to sponsor about 655 needy students

By Dennis Muritu Co-operative bank will this year sponsor about 655 needy students from across the country through its scholarship program. This is after the lender’s board of directors announced the selection of the beneficiaries of this year’s Co-operative Bank Foundation Scholarship Scheme. Of the 655 new scholarships to Form One students, 420 were identified by the bank’s Regional Delegates’ Forums and the remaining 235 scholarships, at 5 per county,awarded by County Governments in all the 47 counties, the bank’s Group Managing Director & CEO Dr. Gideon Muriuki said. “Our…

Pest free campaign Launched in Makueni to boast Mango production

(L-R)Harrigan Mukhongo Deputy Feed the Future Coordinator USAID Kenya, Esther Kimani, MD ,KEPHIS, Betty Kibaara from Rockefeller Foundation, Makueni Governor Kivutha Kibwana and Dr Oscar Magenya, Director Research & Innovation, Ministry of Agriculture during the media launch of the  ‘Komesha Fruit Fly Campaign’ at the Radisson Blu hotel. PHOTO:COURTESY. By Dennis Muritu A campaign to create a Pest Free Area will be launched in Makueni to improve production and quality of mangoes to stimulate export and increase incomes for farmers. The campaign dubbed Komesha: Zuia Fruit Fly Ufaidike will sensitize and create awareness on economic…

INVESTMENT IN E-COMMERCE SPACE PROMOTES GROWTH OF SMEs IN KENYA

Ebrima Fatty CEO Africa Sokoni and Michael Tokunbo Orimobil CEO Bolorims.com sign an agreement which will see AfricaSokoni operate as Bolosokoni in the Nigerian Market. Africa Sokoni signs a partnership with Bolorims.com from Nigeria an e-commerce platform as they celebrate their second anniversary. This partnership is an expansion strategy considering the unprecedented growth of SMEs and the urge to reach a wider customer base through online stores. A joint report by the Communications Authority of Kenya and the Kenya National Bureau of Statistics established that about 27% of Kenyans sold…

All set for Dubai 25th Shopping festival

Dubai’s Department of Tourism and Commerce Marketing marked the countdown to the landmark 25th edition of the Dubai Shopping Festival (DSF) with a three-city media roadshow across Africa. A diverse calendar of DSF events was revealed to African audiences in Kenya at Sankara Hotel Nairobi on Saturday 21st Already famous for its grand raffles and giveaways, the silver jubilee edition promises to have “bigger everything than the past 24 years”. The 38-day festival is set to feature show-stopping performances, immersive experiences, innovative brand activations and family-friendly celebrations from Thursday, 26…

A faster, simpler way to buy airtime and pay electricity bills

You can now be able to buy airtime and Electricity tokens by just sending a message to a toll-free shortcode 40512, Purchasing airtime across networks, paying postpaid bills to Kenya Power and buying electricity token has been made easier by Financial Technology Services solution provider Tsenda. Tsenda is a Safaricom PLC’s Paybill-backed system, supported by Kibo Capital’s PaymentGate LLP e-Receipting system. READ ALSO: Aspira ink deal with Xiaomi Mi Home, to enable customers enjoy flexible payment plan With a mobile phone, you can now purchase airtime for any network be it…

EkaBet lures new subscribers with free bundles

Betting company EkaBet has announced free data bundles to new subscribers after staking tickets worth ksh 50. Recently, Ekabet announced that they have revamped mobile website to enhance quick and easily navigation of the site when placing the bet. The company operations manager Miss Sharon Kibuthu said that they have released low data usage platform that would entertain football fans. “You stand a chance to win 1 gb Safaricom bundles once you stake more than two tickets of ksh 50 each, “Miss Kibuthu said. READ ALSO : EkaBet Boosted Odds Changing…

Kenyans to enjoy Billionaire Jack Mas’ Empowerment Initiative on StarTimes

Chinese billionaire, Jack Ma has set out to share his experience with Africa as well as financially support young entrepreneurs to build their own business empires. The Billionaire is tailoring an event dubbed the Africa Netpreneur Prize Initiative (ANPI). The ANPI is a flagship initiative of the Jack Ma Foundation, created by Jack Ma after his first trip to Africa in 2017. The aim of the prize is to support and inspire the next generation of African entrepreneurs who are building a more sustainable and inclusive economy for the future.…

Mövenpick Hotel & Residences Nairobi welcomes the Christmas Season with conservation agenda

Mövenpick Hotel & Residences Nairobi marked the beginning of the Christmas Season by setting up a recycled Christmas Tree at the Lobby. The tree by Ocean Sole Africa is made from recycled ocean trash (flip flops), as part of their environmental initiatives to conserve the marine life. Our 6-foot Christmas Tree is made from over 945 recycled flip flops, with 336 hours spent by 15 artists. Mövenpick Nairobi is keen about the environment; and as part of our CSR Initiative, we chose this environmentally friendly Christmas Tree to support a…