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Monthly Archives: April 2021

1 in Every 100 Kenyan Mobile Phone Users Hit With Stalkerware...

Amongst other things, stalkerware can enable the perpetrator to track a victim’s location, read their messages, view their photos and videos, eavesdrop on telephone conversations, and see everything typed on the keypad.

Former Coca Cola Kenya MD Named First African CEO of Airtel...

Before joining Airtel in 2012, Segun held leadership roles at Coca-Cola in Ghana, Nigeria, and Kenya (as MD and CEO). He has also been the Managing Director of Nigerian Bottling Company Ltd (Coca-Cola Hellenic owned) and Group head of retail banking operations at Ecobank Transnational Inc, covering 28 countries in Africa. He is an electronics engineer and also a chartered accountant.

Uhuru Overhauls KEMSA Board as US Govt Piles Pressure

“We have had an issue with KEMSA, the institution responsible for the distribution, and as you know very well, concerns in particular about corruption that I know the government is working to reform. We have an obligation to our own taxpayers when we’re spending their money to do it in a way that is accountable and fully transparent," Blinken stated.

Real Estate Firm Optiven Joins NSE’s Ibuka Programme

Eventually, such a company could qualify to list on the bourse, although it is still free to drop out before doing so. NSE chief executive Geoffrey Odundo says companies already in the program are at different stages of compliance as the program is helping the companies meet the required terms

Britam Posts Record Ksh9.1 Billion Loss

“The Holding Company is committed to support the fund to fulfill its obligations as they fall due, through management oversight of the fund’s operations and the agreed recovery plan,” Britam noted.

NMG Net Profit Tumbles 95% to Ksh48M from Ksh856M – Here’s...

Eyebrows were raised in February when NMG announced plans to buy back 10% of its shares in a share buy-back programme, one of the first in the country since the Companies Act, 2015 took effect creating a framework for share buy-backs by public companies.

KRA to Collect Ksh517 Million from Mastermind Tobacco

By a letter dated 26th March 2018, KRA assessed Mastermind Tobacco (K) Limited to VAT of Kshs. 90,225,155 and Excise Duty of Kshs. 427,500,000 on account of sales of cigarettes that were classified as exports and hence zero rated but the taxpayer failed to provide proof of exports for the consignments.

Kenya Suspends Flights From India for 14 Days

There have been 14 million recoveries, and over 20q,000 deaths. The surge has left India's health system stretched even as the PM Narendra Modi-led government races to curb the situation, which has seen several countries introduce flight bans on India. Nations including Kuwait, France, Germany, Maldives, Italy, UAE, USA, Iran and UK have all restricted entry for travelers from India.

Echo International Launches in Kenya as Echo Kenya, Sets Eyes on...

Announcing the launch, Mr. Ken Munyi, the Managing Director at Echo International Kenya said that, “As a Pan-African Group, we are excited to launch first in the Kenyan market, Kenya continues to trailblaze in the adoption and application of technology solutions through a robust IT infrastructure and a progressive entrepreneurial population. Echo Kenya heralds a fresh approach to developing ICT solutions for B2B clients through a consultative process that will leverage its own capabilities as well an ecosystem of partners organisations, leaders in their fields of specialization.”

Ajua Acquires Banking AI Firm WayaWaya

The acquisition of WayaWaya comes just one month after Ajua announced its partnership with Nigeria’s MTN for MTN EnGauge, an agile application that offers innovative customer management solutions. The platform enables businesses access to digital payments using a unique USSD code, CRM tools, customer feedback channels, debt management and tracking, business and product promotions through mobile and social media channels.