Looking beyond the borders can provide opportunities for Kenyan investors By Robert Ochieng’ A stock exchange is a marketplace for the buying and selling of shares, bonds and securities. Stock exchanges can serve as a measure for the health of the national economy, and can also be a key indicator of world economic strength. Most exceptional brands and companies in Kenya are listed in foreign stock markets, which is a larger strategy to keep money flowing. Each and every Tuesday, Pizza Inn outlets in Nairobi have a Terrific Tuesday promotions for “buy one pizza and get one free”. The brand is…
Author: NLM Editor
It will take at least another decade before smallholder farmers in Africa are able to smoothly supply multinational food chains BY David Thuita Kenyans on social media platforms were at it again, and this time after food chain Kentucky Fried Chicken (KFC) ran out of potatoes. One perspective I completely missed in all the online posts I came across was the market share between the formal and informal markets for farm-sourced commodities. This comparison would have have brought in a whole new dose of information that would have quickly drenched out the fury. Let me shock you, did you know…
Challenges cloud migration to electronic passport By Eliud Kibii For the third time, Kenya has postponed the deadline for phasing out the old generation passport and the introduction of the biometric e-passport. Kenya, together with its East African Community (EAC) partners, is doing away with the “analogue” passport and replacing it with an electronic document. The new document has a chip that, according to immigration officials, stores the passport holder’s information and travel history, thus conforming to international passport security standards that require passports to contain a tamper-proof electronic chip. The rollout, however, has been shambolic, with various deadlines extended since 2018.…
Enkavilla properties founder and managing director Lilian Nzula has expertise in projects and partnerships management, team building and operations, business development, risk and compliance as well as finance. Ms. Nzula also finds value in technology, and has worked across Sub-Sahara Africa with global brand, IBM before co-founding Enkavilla Properties Limited. She says her drive lies in problem solving and embracing a data driven approach to ensure incremental growth in overall value for her organization. She had a chat with Victor Adar regarding various aspects of investing in real estate. As a customer, why Enkavilla Properties? What makes Enkavilla Properties’ unique? …
A private security firm, SGA, has attained the International Standards Organization (ISO) 18788:2015 certification – the highest standard for any security firm in Kenya and the region. The certification is in recognition of the company’s conduct and compliance of risk management capacity to meet the professional requirements of clients and other stakeholders in the Security Operations Management System (SOMS). It was awarded by Intertek, a global quality Assurance, Testing, Inspection and Certification Company. Speaking at the presentation ceremony, SGA Security CEO and Chairman Julius Delahaije said the certification is the highest-level certification in East and Central Africa that demonstrates accountability to…
The events of the past eighteen months have cast a spotlight on the ability of governments to support vulnerable citizens during times of crisis In Kenya, the official state agency responsible for social security chose SAP to support its growth, enable the expansion of its services to a greater share of the population, maintain the highest standards of quality controls across its operations and enable new customer-centric innovation. According to the National Social Security Fund (NSSF) CEO Dr. Anthony Omerikwa, the lack of integration due to disparate systems across its 61 physical locations created internal challenges. “Initially, each of our…
Standard Chartered bank has appointed Bongiwe Gangeni as its new head of Consumer, Private and Business Banking (CPBB) for Africa, the Middle East, and Europe. The skilled banker is expected to take up the mantle in March 2022, and will be based in Dubai. Ms Gangeni previously served as a member of Absa bank’s Group executive committee for the last 14 years. She was also the deputy CEO for retail and business banking and the head of relationship banking. Before joining the banking sector, she was a consultant with Accenture, and also practiced as a pharmacist. She holds a Bachelor…
Insure Me aims at disrupting the insurance sector with a fresh and tech savvy application available 24/7 using a simple, intuitive, and centralized platform An online insurance booking platform, Insure Me, has launched an end-to-end digital insurance platform that is enabling customers to pay for their comprehensive car insurance in flexible monthly installments of up to 10 months through a “lipa pole pole” solution. Through insureme.co.ke, the customer cannot only book vehicle valuation at a place and time of their choice but also get a quote, choose additional benefits such as excess protector, windscreen cover. The platform allows customers to digitally get a…
Chair of the Ethics and Anti-Corruption Commission (EACC) Archbishop Emeritus Dr Eliud Wabukala has called on religious heads to ban political activities in churches and demand accountability from political leadership. Dr Wabukala noted that elements within the political class continue to clean and hide their illicit proceeds through donations in churches. He also called on church leaders to support interventions aimed at barring persons engaged in corrupt and unethical conduct from election or appointment into public office. “Let us foster positive values to cause cultural re-engineering and ethical behavior in our societies. This is possible by using the family unit…
A virtual medical facility, Healthx, has entered Kenyan market consolidating gains made in healthcare innovations and technologies in the past years. The healthcare provider will utilize digital platforms to provide next generation telemedicine and telemonitoring services. Through the integrated telehealth platform, patients will have 24/7 access to qualified and licensed healthcare professionals with experience in primary healthcare and patient management who are permanently employed by HealthX. The services will be offered on a subscription model, giving patients access to medical consultations via video or voice calls, and live chat. “There is a positive shift in innovations in the healthcare space which from our…