StarTimes Secures Top Rank Boxing, Motor racing Broadcast Rights

Pay Television Company StarTimes Media has acquired exclusive broadcast rights for the 2020 Bob Arum’s Top Rank boxing events. This will see the broadcaster air live boxing events including various world title bouts on the roster. Top Rank Inc. stands as one of the world’s premiere boxing promoters where for nearly half a century; it has produced some of the most exciting bouts. Top Rank’s current stable of champions include Vasiliy Lomachenko, Terence Crawford, Oscar Valdez, Gilberto Ramirez, Jose Ramirez and Tyson Fury. Additionally, the company has secured Extreme E…

Sonko calls on defaulters to take advantage of waiver period

 Nairobi Governor Mike Sonko has called on Land Rates defaulters to take advantage of the ongoing one-month waiver period to clear their debts. The county announced a 100% waiver on interest (penalties) for all land rate defaulters in the city. The waiver period runs from September 15, 2020 to October 15, 2020. The National Assembly,Parliament, defense department, treasury and police remain the top defaulters. The county is owed Sh 25 billion by the department of defense,Sh 23 billion by treasury and parliament Sh 396 million. The amnesty period would only…

I&M HOLDINGS RANKED AS MOST ATTRACTIVE LISTED BANK

Cytonn Investments has today released its H1’2020 Banking Sector Report, which ranks I&M Holdings as the most attractive bank in Kenya, supported by a strong franchise value and intrinsic value score. The franchise score measures the broad and comprehensive business strength of a bank across 13 different metrics, while the intrinsic score measures the investment return potential. The report, themed “Depressed Earnings and Deteriorating Asset Quality amid the COVID-19 Operating Environment,” analysed the H1’2020 results of the listed banks. “Asset quality for listed banks deteriorated in H1’2020 with the Gross…

realme C15: The first 6000mAh with AI Quad Camera smartphone to be launched in Kenya

realme C15  massive battery supports 46 hours of continuous calls or 28 hours of YouTube watching, with an average standby time of up to 57 days. Key specs 6000mAh with 57 days standby capacity  C series with AI Quad Camera 18W Quick Charge Super Nightscape The smartphone market seems to be headed for greater heights given the magnitude of the new products being launched in Kenya including some by the world’s fastest-growing smartphone brand, realme. realme has so far created a full product portfolio of smartphones- from entry-level all-rounders C…

Sonko to roll out massive youth empowerment program

Sonko to roll out massive youth empowerment program Nairobi Governor Mike Sonko will next month roll out a Youth Development Program that will see at least 20,000 youths directly involved in various community based activities.  The governor on Friday announced that the department of Youths and Education is working with various stakeholders to finalize on modalities through which the county government will fund all youth’s related activities.  Among the plans the county has is to introduce the Youth Talent Development Bill that will allow the county to fund artistes, sporting activities…

Kenyan entrepreneurs receive mentorship from global investment giants

The Endeavor Investment Network held its first workshop in Africa, an event, designed to provide investors with access to high-impact entrepreneurs and key members of the business and venture ecosystems in emerging markets in Africa. The participants included local entrepreneurs from Kenya, Endeavor entrepreneurs, regional investors, and international investors including global investor network members such as TPG Rise Fund, Wamda Capital, and IFC Ventures. The  Endeavor  Investor  Network’s signature “Speed-networking” session allows for  matching  amongst entrepreneurs and investors together by geography, sector and stage for 25 minute connections. The outcome of these connections is often  the…

Paxful Expands Beyond Bitcoin, Adds Tether to its Platform

Global peer-to-peer bitcoin marketplace, Paxful, announced today the addition of Tether (USDT) to its platform. The inclusion of USDT, the world’s largest stablecoin by market value, will assist users in combating a volatile market, protecting their assets, and expanding their portfolio. The industry has seen a surging demand for a stable digital currency amidst fears of an economic recession in both traditional and digital markets. In the last 12 months, Tether has established itself as a champion amongst stablecoins, with a market capitalization of over $13 billion. “We consider this a big…

LG Electronics unveils its Commercial Laundry Reference Store in Buruburu

LG Electronics has today launched its first commercial laundry Reference store in Buruburu introducing the company’s range of commercial washers and dryers in Kenya. The Reference store is designed to provide customers business ideas and insights into LG’s Commercial Laundry System, a total laundry solution that comes with complete set-up of LG washer and dryer equipment and end-to-end business support. Speaking at the launch event, LG’s East Africa Managing Director Mr. Sa Nyoung Kim said, “The laundromat business remains a venture with potential in the Kenyan market. With this Laundromat…

Inter Region Economic Network (IREN) to Host Virtual Food Festival

The Inter Region Economic Network (IREN) is set to host a virtual food festival through the IREN Growthpad platform. The two-day digital event, which will run from 24th to 25th September aims at re-imagining tourism and food experiences in Kenya as part of the organization’s initiative to reactivate economies through food networks. Last year, IREN published an indigenous recipe book titled “Chakula Chetu: Indigenous Recipes from the Lake Region of Kenya”. This was to be followed by a vibrant food festival, however, this was disrupted by the COVID-19 pandemic. IREN…

Setting new standards in digital cut-sheet colour production

The best just got even better. Introducing the imagePRESS C10010VP series. Built on a proven and reliable technology platform with enhanced automation and extensive media-handling capabilities, the imagePRESS C10010VP sets new standards in productivity, application diversity and quality. It’s the solution for high volume print environments that strive to achieve more. More volume, more applications, more quality and more profit. Experience a new standard of productivity For commercial print businesses or in-house print rooms looking to boost productivity, while delivering a diverse mix of high-quality printed output, you can always count on…