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…

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…

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…

Ericsson looking to the future and the implementation of 5G networks

Ericsson has a long history in Africa, particularly in Kenya. Nicolas Blixell Head of the Global Customer Unit MTN for Ericsson Middle East and Africa,     talks about the company’s history on the continent,  “The first deal we have made in Africa came in 1896, 120 years ago, when we installed the fixed exchange in Kenya. We started the first rollout of 2G in South Africa in 1994, we had built 2G, 3G, 4G, we are across the whole continent.” Africa is a key market for Ericsson and Blixell explains why,…

Water prices set to rise by Ksh. 7 per litre

Kenyans are set for tough times ahead following the move by the taxman to impose Excisable Goods Management System (EGMS) stamp that will increase water prices by up to Ksh. 100 per 20m litre refil The Water Bottlers Association of Kenya (WBAK) pointed out that the price of bottled water is expected to increase by an average Ksh.7 per litre as the Kenya Revenue Authority (KRA) moves to implement new excise taxes on the non-alcoholic beverage from Wednesday next week. WBAK chairperson Henry Kabogo said the new excise tax will…

Michael Joseph: Safaricom on course to deliver 4G coverage across major towns

Safaricom says it is still on course to provide 4G coverage across every town in Kenya before the end of the year. Interim CEO Michael Joseph says development of the network remains a key strategic objective for the company in the current financial year. This year, the company has invested Sh18 billion towards increasing the number of 4G sites by 50 percent and expanded coverage to 63 percent. “Investment in network infrastructure is key to support the customer base and uptake of innovative products. The development of our 4G network…

Kenya’s populace matures to 47.6 million people

Kenya’s population has grown by 9.9 million people over the last ten years to reach 47.6 million this year. According to the 2019 Kenya Population and Housing Census results presented to President Uhuru Kenyatta today at State House Nairobi, the total population enumerated during the census exercise conducted in August this year was 47,564,296 persons. The results indicate that the female population which stands at 24,014,716 accounts for 50.5 percent of the total population while the male population is 23,548,056 persons. The 2019 census report, presented to the Head of…

KQ, Safarilink launch partnership to facilitate access to 18 world famous destinations

Kenya Airways PLC (NSE: KQ) and Safarilink Aviation (F2), Kenya’s premier safari airline, have signed a one way codeshare agreement to open up Kenya to global travellers by selling Safarilink’s direct flights to the best safari and unique beach destinations within Kenya and Tanzania. This codeshare agreement means that KQ will sell 18 remote Safarilink destinations in their global sales and distribution network, enabling them to combine their travel experience between respective international destinations and 18 remote destinations within Kenya and Tanzania that Safarilink operates. READ ALSO: HOSPITALITY WINDFALL FROM OPEN SKY POLICY During…

Slum dwellers receive boost to kick-start career in hospitality

Kenya Wines Agencies Limited (KWAL) has graduated the first class of their Inua programme that seeks to train under privileged slum dwellers in applicable skills that they can use to source for employment. The trainees underwent two week training on bar management Hospitality and mixology. Speaking during the graduation KWAL managing Director, Linah Githuka said that the training covers only those critical skills that are needed to work in the hospitality industry. “Inua is KWALs social impact programme geared towards up skilling the youth through training in essential practical and…