Kenyans to spend less on Christmas this year – WorldRemit Data

Across 23 countries observed, the average spend across food, gifts and decor will cost 156% of household incomes Cameroon, Lebanon, and Rwanda will spend the highest percentages of their income on holiday celebrations this year Christmas costs have increased across majority of countries year-over-year Increase in the price of food illustrates the impact of inflation on everyday essential items The latest results from the WorldRemit Cost of Christmas Study show that Kenyan families are expected to spend 17% less on Christmas celebrations this year compared to 2021. The average spending on Christmas…

New Platform to looking to Finance Up to 10,000 Electric Vehicle Owners

Dr. Mandla Lamba has unveiled the world’s first full electric vehicles e-hailing platform known as Green 8 Mile. Green 8 Mile is a full electric vehicles e-hailing app created to simplify everyday transport through carbon free, cost effective, innovative, easy-to-use tools for hailing and paying for electric vehicles rides. The app will be available for free on iPhone and Android devices, Green 8 Mile connects you to the nearest available drivers in each of its locations around the world, to get you where you’re going environmentally cleaner, safer and faster!…

AstraZeneca, Partners to Train Over 10,000 Health Professionals in Early Cancer Screening

AstraZeneca and health partners today launched an initiative to transform outcomes for cancer patients across Africa. Announced on the margins of the UN Climate Change Conference 2022, COP27, under the patronage of the Egyptian Ministry of Health, the Accelerating Change Together; Cancer Care in Africa (ACT;CCA) programme provides a platform for partners to co-create cancer care solutions that close the gaps in existing patient care pathway, from diagnosis through to treatment and beyond. At the inaugural event, government representatives, leading clinical and health experts, patient advocates, and private sector representatives…

Faulu expands its digital offering and agencies, eyeing a youthful customer base

Faulu Bank has announced a move to expand its digital offering following a thorough product rationalization exercise that saw the bank revamp its product offering. This was a strategic move to boost customer experience, offer convenience and tap into the available youthful customer base. Commenting on the revamp, Faulu Microfinance Bank Managing Director Apollo Njoroge said, “The future of Banking is digital. We believe this move will enable more people, especially the younger generation to not only access soft loans easily but also enjoy a seamless and easy service offering.” The product…

Huawei eyes port business with new system

Huawei technologies has set its targets on sea and inland ports with a new system designed to enhance their operational efficiency. Known as an Intelligent Horizontal Transport System for ports and harbors, the technology has been achieved by unification of data sharing using smart technologies including the latest 5G, cloud computing, big data and Internet of things. The new technology is designed to simplify the running of modern ports such as Mombasa which has a new container terminal built at a cost of USD 280 million, have increasingly grown complex…

London Distillers Bags Top CSR 100 Awards On Environmental Conservation

London Distillers Kenya (LDK) has been celebrated for having won the Top CSR 100 Awards for Environmental Conservation held at Fairmont Norfolk Hotel. LDK was recognized for several initiatives which included the ‘Establishment of own forest of mixed tree species’ (Indigenous and Exotic Trees) with a total of 42,833 Trees which have significantly improved the tree cover in the Athi River region under their “Make Athi River Town Green” initiative. The totality of the trees planted includes Bamboo trees, Eucalyptus trees and many other species which have been meticulously planted…

DTB LAUNCHES ZAWADI, A SPECIAL ACCOUNT FOR WOMEN-OWNED SMES

Diamond Trust Bank (DTB) has launched a special account for women running Small and Medium Enterprises. Dubbed Zawadi, the account is designed to enable women access favourable credit terms to grow their businesses from one stage to the next. The account was launched at a financial literacy forum in Nakuru attended by more than 3,000 women owning and running SMEs. The bank also introduced a special account for the small savings groups commonly referred to as chamas. The SMEs that open either of the accounts with DTB will be eligible…

Xylem Moves to Address Sanitation Problems at Drive Inn Primary School

Over 1500 school going children and teachers are set to benefit from a new water program at Drive Inn Primary School in as sponsors move to address sanitation challenges in Learning institutions. This is after International water solutions provider Xylem, through their corporate social investment arm Xylem Watermark, injected Sh850,000 towards providing technical support to ensure all systems are running and producing quality water for human consumption. Xylem hosted a cleanup event at Drive Inn Primary School (Ruaraka) and donated $7000 (Ksh850,000) with the funds set to go towards rehabilitating…

Zetech University and Edukans Sign Deal on Knowledge Sharing

Netherlands based Non-Governmental Organisation (NGO) has signed knowledge sharing pact with local university Zetech in a bid to equip youths with employability skills. Edukans Kenya an International NGO with expertise in basic education vocational training and education in Emergencies signed an MoU with Zetech University that will see an exchange programme of teachers and students work with teams in Netherlands According to Edukans this will better employability and skills to enable the students and youths fit in the job market and ensure marginalized youths realise their full potential. Edukans kenya…

M-Tiba Promotes Digital Healthcare During the Launch of the Grace Onyango Foundation

M-TIBA in partnership with the PharmAccess foundation, together with the Northwestern University and the County Government of Kisumu supported thelaunch of the Grace Onyango Foundation in Kisumu in an effort to promote the digitization of healthcare in Africa. Together the partners brought research institutions, government officials and other key health stakeholders to establish digital health interventions to strengthen healthcare systems and access across Africa. The Foundation is named after Grace Onyango, an educator and pioneer woman leader who was the first female councilor, mayor, MP of Kisumu and acting speaker…