The individual pension product allows one to build their long-term investment plan by making regular contributions Kenya Orient Life Assurance are the winners of the 2021 “Pension Marketing Campaign of the Year” award in recognition of the firm’s effective social media marketing campaign on the individual pension plan geared to boost the uptake of personal pension products. Dubbed “get the pension that works as hard as you do”, the digital campaign aims at helping the public to understand the significance of saving as early as possible in a bid to secure their future. The individual pension product allows one to…
Author: NLM Correspondent
Centum Real Estate Limited has appointed Kenneth Mbae as its new managing director effective March 2022. He takes over from Samuel Kariuki who has been at the helm of the firm for the last six years. Prior to the appointment, Mr Mbae served as the chief operating officer of Centum Re overseeing operations in Kenya and Uganda. He previously served as the founding managing director of Vipingo Development, the largest Centum Re subsidiary. Besides his stint at Vipingo, as a member of Centum, he has been involved in the delivery of various other projects including development of residential housing at…
EWAKA, Africa’s new market entrant spearheading sustainable mobility options, has launched a green response to Africa’s expanding transportation requirements through the introduction of electric options including an electric “boda boda”. The newly launched vehicle options include electric bodas, the backbone of Africa’s local delivery sector, and rideshare options including electric kick start scooters and bicycles available on demand. Additionally, the firm will be offering clients robust IT capabilities to support transportation management efforts through an online and mobile-based app that enables real-time tracking of vehicles, performance metric monitoring and geofencing for remote immobilization if needed for security options. “There is tremendous…
Higher education provider United States International University-Africa (USIU-Africa) has introduced new undergraduate, graduate and postgraduate courses to meet evolving market needs, interim Vice-Chancellor Prof. Freida Brown confirms. She disclosed that the introduction of the new courses are geared at supplying the international job market with a pool of well-trained candidates proficient in research and information technology applications. Brown said the varsity had invested heavily in the course development and the programs have already kicked-off successfully. “The world is now a global village, and USIU-Africa is actively revising and improving its academic delivery mission to guarantee our graduates a place in…
SGA Security, a private security firm, and Netherlands – based golf retail chain GolfPlaza have joined hands to sponsor Africa Golf Program (AGP) through donations of equipment and accessories comprising of new golf clubs, polo shirts, golf bags and caps. The move aims at equiping disenfranchised youth from Kibera slums in Nairobi and enable them get an opportunity to hone their sports talent by participating in the golf program that has produced some of the leading young golfers in Kenya in the recent past. Speaking during the handover ceremony, AGP program director Rose Naliaka thanked the two companies for boosting the foundation with more equipment for AGP…
Ola Energy has announced part of its expansion plans through the commissioning of Marhaba convenience stores that will provide customers with fresh food items for breakfast, lunch and snacking. Located in respective service stations, the convenience stores will offer customers an opportunity to enjoy a quick stop for fresh food items as they get other vehicle, maintenance and LPG services on the go. Speaking during the official opening of Marhaba convenience at Ola Energy Lang’ata service station, OLA Energy Group Chief Executive Fayed Altwair said the company’s objective is to continue giving priority to customers in meeting their needs for…
T he Kenya Plant Health Inspectorate Services (KEPHIS) has stepped up field audits and facility inspections for more than ten avocado growers and exporters planning to explore the Chinese market. In a trade facilitation effort, KEPHIS has completed the required phytosanitary assessments and the trade facilitation undertaking, a move that is expected to unlock the export opportunity of locally grown fresh avocados valued at more than $1 mn annually. According to KEPHIS, Managing Director, Prof Theophilus Mutui the Regulatory agency, is working flat out to ensure that all eligible avocado growers and packhouses that meet the stringent phytosanitary standards are…
During a quarterly media roundtable discussion in March organized by EFG Hermes, a financial services corporation, one thing stood out – Governments need to do more of engaging financial services players, like Safaricom, to lower costs, especially for B2B customers as less of dabbling on digital currencies, the so-called Central Bank Digital Currency (CBDC). Experts at the roundtable argued that while CBDC, a new type of money issued by a central bank, could make transactions faster, cheaper, and even more secure, key players in the mobile financial service space such as Safaricom and Airtel will still have an upper hand…
The point that natural gas serves as a transitional energy source is one that has been promoted by African nations for a long time Africa’s call for a just and inclusive energy transition has been answered through the European Union’s landmark proposal to label natural gas as a ‘green’ energy source. Historically, Africa has always fought for sustainable development because we know, first-hand, the ravaging effects that even minute changes in climate can have on the continent and its populations. But to develop sustainably, Africa must first industrialize itself. It must have the same opportunities as Europe and other western…
By Holger Reisinger What teams experienced in the 12 months following the outbreak of a global pandemic was far more than an experiment with remote work; many employees and leaders simultaneously underwent a collective awakening to the fragility of life and the opportunities of what work could be in a (post-) pandemic era. This blend of fear and hope bonded people in ways that the pre-pandemic status quo could never have. With the backdrop of a global pandemic, remote work was an experience that, in many ways, brought us closer together than ever before. But now, with the transition into…
