KWAL LAUNCHES NEW CANE SPIRIT IN KENYA

Kenya Wine Agency Limited (KWAL) has diversified its local product portfolio with the launch of Caribia cane spirit. Caribia is a finely crafted smooth cane spirit that is designed to mirror the progressive attitudes and behaviours of the Kenyan Millennial and their dynamic tastes and preferences. The product is packaged in a unique design inspired by the vitality, energy and vibrant expression of the target audience who are lovers of afro-inspired themes. Through an interactive marketing campaign dubbed Ingia kwenye mix, the new Cane will be unveiled during Reggae artist Chris…

Cytonn awarded Most Innovative Community Developer 

Cytonn Real Estate the real estate development arm of Cytonn Investments has been recognized by the International Finance Magazine as the Most Innovative Community Developer (Mixed Use) in Kenya during the International Finance Awards. “The entire award process is strictly supervised by expert panelists comprising of key subject matter experts taking extensive care in providing true in-depth analysis and review based on performance,” said a representative from International Finance. The Most Innovative Community Developer Award is given to companies that demonstrate excellence in the residential and commercial property space in…

5 enterprises to battle for funding in assistive technology

Global Disability Innovation Hub and Amref Enterprises Limited have unveiled the five local entrepreneurs selected as finalists to the First Cohort of the Innovate Now Accelerator Program. The five start-ups were picked from a total of 30 applicants who presented their assistive technology solutions to improve the overall wellbeing of persons with disabilities. The Innovate Now Accelerator will support entrepreneurs through expert mentorship, user-centred design, user-testing through a network of Live Labs, as well as access to seed funding. Innovate Now is part of the UK aid funded AT2030 Programme and is Africa’s…

CHRIS MARTIN CONCERT MOVED TO IMPALA GROUND

  The much-anticipated Big Deal Concert that will be headlined by top reggae and dancehall artiste Chris Martin who jetted into the country yesterday accompanied by top dancehall artistes; D Major and Future Fambo have been moved to the Impala Grounds, Ngong Road. Due to the overwhelming response and the weather the much-hyped event has been moved to the new venue due to the overwhelming response it has gotten in terms of attendance that raises a security concern, as several heads of states will be in attendance. Speaking on the…

EkaBet Boosted Odds Changing Betting Industry

What are boosted odds? ,Majority of punters always use boosted or enhanced odd whenever they are plotting to stake the bet. Miss ,Sharon Kibuthu,the Operations Manager at ekaBet in an interview says that,an Odds Boost always moves the odds in the favor of the bettor and thus increasing the high chances of winning. She says that there are times where the odds are boosted enough that the football enthusiastic will actually forgo their entire activity for a specific event. “At EkaBet,an Odds Boost opportunity could be an increasing the payout…

2.6 million children targeted in 2nd of round polio vaccine

The ministry of health estimates that 2.6 million children are in danger of contracting polio. This is according to the latest mapping that was conducted in 11 counties that are said to be at the highest risk of polio cases. The 11 counties that have been mapped to undergo the second round of the immunization exercise are Turkana, Wajir, Mandera, Lamu, Tana, River, Garisa, Marsabit, Isiolo, Nairobi, Kilifi and Mombasa According to Ahmed Arule, the director Core Group Polio Project the health promotion officers from the participating 11 counties have…

Little Boda grows footprint to Nakuru

Ride-hailing company Little Cab, has launched its Boda Boda and Car products in Nakuru. Little’s clients can now enjoy a safe, convenient and affordable way of moving in and around Nakuru with minimal hassle and at affordable rates. The launch of Nakuru operations by Little comes only three weeks after a successful launch of LittleBODA product in Mombasa. The launch of Nakuru operations are in line with Little’s bigger plans of expanding its operations across the country in the short term and across the continent in the long term, thereby…

Cytonn opens serviced apartment complex targeting business and leisure travellers.

Cysuites Apartments   Cytonn Investments has officially opened CySuites Apartment Hotel, the latest offering under its Private Equity arm. Cysuites is a serviced apartment complex with 32 two- bedroom apartments, 6 one- bedroom apartments and two penthouses that offer contemporary living and working spaces. “Our foray into Serviced Apartment Hotels is backed by thorough market research. Demand for serviced apartments continues to grow, evidenced by occupancy rates of up to 88%, according to our latest research data. Serviced apartments command very strong rental yields of about 12%, compared residential yields…

Top insurance agents awarded in annual fete

Kenindia Assurance has awarded its top performing insurance agents and brokers for the year 2018 in recognition of their contribution to the growth of the Company, at an event presided over by Insurance Regulatory Authority Chief Executive officer Godfrey Kiptum. Speaking at the award event, Kenindia Assurance Managing Director B.S. Sharma said the agents still play a critical role in the growth of the Company and the insurance industry in general. “Throughout this journey agents have been an integral part of our growth, for which we are grateful. We look forward to…

Net interests growth push Family Bank earnings to Ksh. 1.01 B

Family Bank CEO Rebecca Mbithi  speaking during the investor briefing    Family Bank has recorded a Sh1.01 billion profit before tax in the nine months of 2019, registering a remarkable 274% growth in earnings compared to the same period in 2018. Higher loan uptake, steady growth in customer deposits and growth in operating income are the key drivers of the bank’s profitability and the same continue on an upward trajectory. The performance, covering the period up to end of September 2019, is an improvement from the Sh269.9 million posted in…