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BT Correspondent

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Family Bank To Raise Sh8 Billion To Power Growth

Family Bank targets to raise Ksh4 billion in its first tranche with the balance to be raised within the next five years in various tranches/series. “We are positioning the bank for the second phase of growth as per our 2020-2024 strategy anchored on growth and stability of the bank," says Family Bank CEO Rebecca Mbithi. The banks wants to strengthen its capital base to support lending to micro, small and medium-sized enterprises and heavily invest in technology infrastructure while diversifying its products.

Former Nation Media Reporter Joins Marsabit County

Galgallo is seen as a big catch for Marsabit Governor Mohamud Ali's administration ahead of the next general elections, as he brings on board extensive media networks, skills and experience. Mohamud Ali is serving his fist term and is expected to defend the seat in the 2022 elections. Galgallo, a graduate of journalism, was a prolific journalist at Nation Media Group, where he reported courts for the Business Daily newspaper. He has previously served as Director Communications in Tana River County during the first term of devolution.

Tech Startup Bets On Bulk SMS Services in Kenya

According to the Communications Authority of Kenya, the total SMSes sent from local mobile networks stood at 69.6 billion. This makes SMS a powerful marketing tool for businesses. The 5G network is expected to make SMS marketing more effective as links will open fast for clients resulting in more conversion rates. We caught up with Ian Kibet, the Director of Shara Solutions that has recently launched bulk SMS services targeting small and medium sized businesses to explain how the model works.

Find Out How Much Your Land Is Worth With This Simple...

There are many ways through which you can determine the value of your land. The most basic of which is by hiring a real estate agent that can help evaluate the price of your land. Keep in mind that by land, we are talking about the area only and not the property itself. Alternatively, you can use websites like this which help you automatically calculate the value of your land. Apps like this help you understand all of the important factors that affect the housing market and the price of your land. Moreover, it helps give you an accurate look at what you can expect when selling your house as compared to the price of land in other cities.

Digital Baby Monitor Wins 2021 Imagine Cup For USIU Students

Speaking after the win, the team members explained the rationale behind their project, which was submitted under the Healthcare category, noting that the program was designed to solve the problem of lack of healthcare access in marginalized communities. “Before putting together the project, the four of us had interned at a local hospital, where we saw first-hand the challenges that faced mothers, especially in terms of access to healthcare for newborn babies. This lack of healthcare access, compounded by the effects of the pandemic contributed to a high mortality rate,” they said.

Chelsea Defeat Man City to Become European Champions

Kai Havertz, blossoming after a slow start to his Chelsea career, got the winner three minutes before half-time when he collected a defence-splitting pass from Mason Mount to round City goalkeeper Ederson and score. It leaves City still searching for the Champions League, the trophy that has always eluded them, and Guardiola cannot escape scrutiny for his part in this defeat after taking a tactical gamble which backfired.

Multichoice Among Big Winners At Kuza Awards

Multichoice Kenya was also crowned the overall winner of the Subscription Broadcasting Services Award under the local content category, beating Startimes and Viusasa. “This win is particularly critical coming at a time when we are celebrating Kenya’s stars and top Kenyan shows brought to life by Maisha Magic East as well as Maisha Magic Plus,” said MultiChoice Kenya Managing Director Nancy Matimu.

Multichoice Rongai Branch Officially Launched

Multichoice Rongai branch: Multichoice Kenya on 27th May officially opened the doors to a new branch in Ongata Rongai, on the outskirts of Nairobi...

Smart Strategies To Keep In Mind Before Investing In Real Estate...

Investing in property and holding it for an extended period is a low-risk investment strategy that can garner favourable returns in the long run. Instead of selling the property based on market fluctuations, you will hold the property and collect income from rent to fulfill short-term cash-flow requirements as the property’s market value appreciates over time. You must conduct thorough research and choose an area primed for property value appreciation in the future.

Safaricom Data Raises Stakes With Daily Free Offer

Safaricom (NSE: SCOM) has today unveiled a new data campaign that will see customers enjoy free Safaricom data every day customised to their usage profiles....