Co-op Bank unveils Sh15.2 billion customer networking program

By Amos Mburu Cooperative Bank has unveiled a Customer Networking Forum that will enable the firm build the capacity of its customers countrywide as part of a strategy to grow their businesses in changing operating environments. These forums are part of the Ksh15.2 billion programs that the bank, in partnership with the International Finance Corporation (IFC), launched in mid-2018 to provide affordable financing and business training to Kenyan MSMEs. Speaking Director Retail & Business Banking at Cooperative Bank, Arthur Muchangi said that Customer Networking Forums are a key part of…

Access Bank partners with CNN to put a spotlight on African arts

Access Bank is the inaugural sponsor of CNN’s newest programme, Africa Avant-Garde, which will tell stories across CNN’s TV and digital platforms about contemporary African culture. This sponsorship marks five years of CNN International Commercial’s (CNNIC) partnership with Access Bank, with this new campaign demonstrating the rich and vibrant arts across the continent. The introduction of Africa Avant-Garde adds to CNN International’s unique offering of shows dedicated to African business and culture – CNN Marketplace Africa, African Voices and Inside Africa. This week sees the first content go live on CNN Style’s special Africa Avant-Garde page, accompanied by exclusive Access…

Bro. Isaac G.M Andabwa: The celebrant of change and success

Poor payment, treatment and discrimination of private security workers, having experienced firsthand of its worse,  made me come out of my comfort and use my intelligence, ideas and solutions to form private  security workers’ union that will spearhead and fight for workers’ rights.” Being a man of his words and determination, full of experience in the private security sector, Bro. Isaac GM Andabwa, the CEO and founder of the Kenya National Private security workers Union (KNPSWU), believes that the private security sector plays a big role in both the native…

Kabisa energy drink hits Kenyan market

A new energy drink Kabisa has hit the Kenyan market shifting market trends in the sector. The Poland manufactured product for Sub Sahara African nations was first introduced in the country in November last year. According to Mutalo Group CEO Tomasz  Nowowiejski,, the company targets to change the energy drink sector in the country. Our target is to have Kabisa as the leading energy drink in Kenya. The market is favorable as we have had double sales every month since we penetrated Kenyan market,” said Nowowieysky. Before hitting the Kenyan…

Quickmart opens first 24-hour branch in Lavington

Fast rising retailer Quickmart Supermarkets has opened its first 24-hour outlet inLavington’s Valley Arcade as it counts on quality services and convenience to penetrate the country’s competitive retail sector. Quickmart’s latest strategic location is expected to serve customers in the wider Kilimani region that includes Kileleshwa and Lavingtonneighborhoodswhere residents have been having limited shopping options,  relying on nearby malls that close before midnight. Marketing head at Quickmart Betty Wamaitha said the retailer, the pioneer estate shopping experience in Kenya is adding time factor to its quality services to give customers…

Afreximbank looks to the future of African business in campaign with CNN

The African Export-Import Bank (Afreximbank) is raising awareness about investment opportunities across the African continent through a multi-faceted campaign on CNN.  The campaign, established by CNN International Commercial (CNNIC), includes a dynamic mix of event partnership, TV and digital advertising, branded content, and editorial sponsorship. This media mix is across multiple CNN platforms in order to reach a wide range of business leaders, opinion formers and decision makers interested in doing business in Africa.    The focus of the campaign is Afreximbank’s landmark Intra-African Trade Fair – a seven-day event…

CNN meets deep sea fisherman Angus Paul

On this week’s episode of African Voices, CNN International meets deep sea fisherman Angus Paul in Malindi, Kenya. During the programme, CNN learns about his passion for fishing and the upcoming Malindi International Fishing Festival. Paul’s love for fishing has been passed down from his family as he explains: “My grandfather actually started fishing here, many years ago. And my father also he worked in the fisheries department here and his love was fishing, and he’s passed it on to me and he’s passed it on to my older son Arran.”…

Technology is changing the informal sector in Kenya

As the population of Kenya continues to grow, formal, salaried positions are becoming sparse By CNN On this week’s episode of Marketplace Africa, CNN International travels to Kenya to learn more about how technology has the potential to revolutionise the informal sector. Known for its low-paid, irregular work without employment contracts, government regulations or worker protections, this sector employs 12 million people in Kenya. Jacob Omolo, Senior Lecturer at Kenyatta University explains to the programme how the informal sector continues to grow in Kenya: “The contribution of the informal sector…

MILLENNIAL RESHAPING HOSPITALITY INDUSTRY

By Hasnain Noorani It’s hard to believe it’s been more than ten years since the 2007/2008 political skirmishes which almost brought Kenya’s economy to its knees forcing consumers to focus on reducing their expenditures. Now, for the first time since 2008, it looks like the hotel and hospitality industry is returning to normal — whatever normal is. It’s in deed heartening to see statistical evidence, which shows occupancy rates are on the rise and holiday makers are travelling again (Jumia Travel and hospitality report of 2018). For many Kenyan millennials,…

City sprouted with Alcoholic retreats despite tough regulations

Issuance of new liquor licenses in Nairobi has been frozen in a move aimed at allowing Nairobi City County Alcoholic Drinks Control and Licensing Board to review existing liquor outlets. Regional Commissioner Kangethe Thuku urged the board to control and regulate the number of wines and spirits and bars sprouting near schools and in residential areas. Speaking during a sensitization workshop for local leaders, administrators and bar owners, Thuku pointed out that National Agency for the Campaign Against Alcohol and Drug Abuse (NACADA) Authority statistics for 2017 indicate Nairobi County…