Digital pay TV provider hails China-Africa Cooperation

By Barbra Onkoba The Forum on China-Africa Cooperation (FOCAC) Summit that was attended by over 3,200 participants from China, Africa, and international organizations cemented the relationships. This was a demonstration that China-Africa practical cooperation is full of vitality as it set new grand goals for upgrading. StarTimes media has been in the forefront to champion the Chinese agenda in the country by playing an active role in African digital migration progress, the project of Access to Satellite TV for 10,000 African Villages and African HIV/AIDS Prevent Campaign. The FACAC summit…

 Identifying If Your Investment Manager Is Conflicted Could Save You from Financial Ruin

By Edwin Dande, Cytonn Investments CEO Investors in Genghis Capital recently woke up and realized that their billions of shillings are not accessible simply because majority of their cash was invested in Chase Bank, which was owned mostly by the same shareholders who owned Genghis Capital. How do we explain that the management at Genghis Capital decided to invest majority of their clients’ cash in a bank controlled by the shareholders of Genghis? Why didn’t they invest the cash in another bank or at least significantly diversified the investments? http://Also Read: https://www.ceoafrica.co.ke/hospitality-has-the-potential-to-create-significant-economic-growth-in-kenya-and-beyond/…

Trans-Century PLC records 46% reduction in loss before tax

By Barbra Onkoba Trans-Century PLC (‘TC”) has announced a reduction in half year pretax losses from Sh. 1.04 billion to 684.8 million a 46% drop from the same period in 2017. In the latest half year results ended June 30, 2018 the firm noted that the drop in losses was as a result of reduction in operating costs saving 169 million. The gain to curbs the loss demonstrates traction in turning around the Group’s performance as the group reported a 54% gross profit. Trans-Century Group CEO and Managing Director Ngang’a…

Companies that Pay Writers $400+ Per Article

The following is a list of 7 magazines that accept pitches from freelance writers in a variety of categories, including aviation, Catholicism, fly fishing, personal health, travel, and boat building. According to our research, all of these publishers pay at least $400 for some of the writing they publish. Keep in mind that you may need to negotiate payment, as we can’t guarantee rates. .  Jacob Jans, with research by Fatima Saif Flight Journal is an aviation magazine that covers “the world of flight from its simple beginnings to its high-tech, no-holds…

Experience the cutting-edge fun of Bollywood showbiz

This year’s programming on Zee World showbiz features the much-anticipated return of Twist of Fate; a TV drama, back with its second season continuing the cliffhanger that left viewers guessing as to what happened to the fun-loving rockstar Abhi and the ever determined strong-willed Pragya. Will they finally get the love they deserve or will Abhi’s evil sister Aliya get what she wants and remove Pragya for good? 2018 also sees the return of another popular series King of Hearts season 2 as well as new series Bride with Benefits, Begusarai, Amma and Iron Lady.…

SIC records stable proceeds despite political hazards

The Treasurer’s report for the year ended 31st December 2017 indicates that SIC remains resilient to continued achieving robust growth. The report indicates sterling headway despite the year being characterized by turbulence in the political arena leading to a general slowdown in the economy. According to the statement, this was made possible by the unwavering support and confidence from the members, customers as well the aggressive drive and commitment by the Board, Management and Staff in pursuit of objectives aligned to their strategic plan. “We continue to operate in an…

Kenya Re strategies now paying off

Kenya Re, employed a number of strategies in a bid to remain ahead in the competitive insurance business. Kenya Reinsurance Corporation Limited (Kenya Re) is one of the oldest Reinsurer in Eastern and Central Africa. It was established through an Act of Parliament in December 1970 and commenced business in January 1971. Although it was initially fully owned by the government, 40percent stake was floated to the public through an IPO. The firm’s core activity over the years has been providing reinsurance services and today, it boasts of a clientele…

Young Entrepreneur: A story of determination and persistence

In an interview with CEO Africa magazine, Daniel Akal – CEO and Owner of Red Oak Properties, gives insight of the growth in Africa’s Real Estate Sector that inspired his entrepreneurial venture. It is notable that investment returns from Real Estate in Africa’s rapidly expanding economies significantly exceed those achievable in almost all developed markets with more significant growing opportunities in which spans every sector. Forecasts of 20% net annual returns from investing in shopping malls, office blocks or industrial complexes in countries across Africa continue to draw in new…