Category: BUSINESS

  • MSEA Banks on Women Capitation

    MSEA Banks on Women Capitation

    Micro Small Enterprises Authority Busia team convened a session with the Busia Women Cross Border Traders Association, during which they presented a certificate of registration issued by the Office of the Registrar of MSEs.

    The team also provided insightful information to the association regarding the African Continental Free Trade Area which offers them a prime opportunity to trade in the expansive African market comprising approximately 1.3 billion people & a combined GDP of about US$ 3.4 trillion.

    Additionally, the team sensitized the traders on the Guided Trade Initiative, a program in which Kenya is a participating member state. The engagement was geared towards empowering the traders with the knowledge to enhance their cross-border trade activities

  • Young Entrepreneur Answers Ladies Fatigue and Depression

    Young Entrepreneur Answers Ladies Fatigue and Depression

    A young entrepreneur by the name of Steve Collins has come up with a brilliant idea of offering professional massage services to his clients.

    According to Steve, Massage is therapeutic in several ways and improves one’s general well-being whilst leaving you feeling rejuvenated and energized.

    Steve, who is charming shared with one of the leading media outlets his reason for starting the business.

    “The main aim is to gain a genuine income. At the moment I’m dealing with lady clients only. On a good day, I pocket a handsome amount and I’m inviting fellow youths who are complaining of joblessness to join me I show them how to gain an honest income.

    At the moment I offer in-call services at the client’s choice but in the future, I will open a spa.

  • Network launched to intensify cybersecurity awareness in Africa

    Network launched to intensify cybersecurity awareness in Africa

    With cybercrime becoming rampant in Africa, cybersecurity awareness promoters across the continent have joined hands to help Africans stay safe online through public education.

    The African Cybersmart Network was launched last week in Nairobi, Kenya to facilitate capacity building and collaboration between cybersecurity awareness promoters in the continent.
    The launch happened on the sidelines of the 2023 Digital Rights and Inclusion Forum, an annual 3-day multi-stakeholder forum for discussions on digital policy issues in Africa.
    Speaking during the launch event, the Lead Coordinator of the African Cybersmart Network, David Moepeng stated that the network was formed following a realisation that, as Africa increasingly becomes digitalized, internet users on the continent are becoming exposed to various forms of cyberattacks, particularly cybercrime.

    According to Moepeng, who is a qualified Cyberpsychologist and works as a Cybersecurity Awareness Specialist at Cybersmart Botswana, the vulnerability of Africans to cyberattacks is exacerbated by rampant risky online behaviors and practices.

    “These behaviors include oversharing of private and personal information on social media platforms, responding to phishing messages and other forms of online scams, use of weak passwords, risky web browsing which usually happens when people visit unsecured websites or click on links from strangers, which often leads to malware attacks and hacking”, Moepeng pointed out.

    The African Cybersmart Network has therefore been formed to intensify public education and promote safe online behaviors by facilitating capacity building through training, collaboration and knowledge exchange between cybersecurity awareness promoters as well as resource mobilization for public education campaigns.

    In its 2023 African Cyberthreat Assessment Report, Interpol noted that cybercriminals were having no limits in terms of sharing resources and know-how, which is in part what allows them to thrive.

    The International Criminal Police Organization advised that, by the same token, communities and societies needed to bind themselves closer together via the exchange of information to effectively curb cybercrime.

    “In order to reduce the impact of cybercrime and protect communities for a safer world, society must stay abreast of new trends and develop innovative means of responding to them. Doing this in a timely fashion will discourage possible criminal activity and dissuade potential perpetrators in advance”, stated the Interpol report.


    For her part, the East Africa Coordinator of the African Cybersmart Network, Jackline Njagi Lidubwi, said membership to the network is open to non-profit organisations in Africa that are running programmes and campaigns to educate societies about cyber threats.

    She noted that, the commonality of cyber threats across African borders requires similar techniques, hence a decision to bring Africa together to counter cyber-attacks as one.

    Lidubwi added that member organisations will benefit from regular training programmes meant to ensure that public education programmes in the continent stay up to date with the ever evolving trends in cyber threats.

  • Air France awards top travel agents, unveils new solution for seamless travel experience

    Air France awards top travel agents, unveils new solution for seamless travel experience

    The five, Hemmingways Travel, BCD Travel, Elite Travel, Charleston Travel, and, Turkenya Tours and Safaris were recognized for their outstanding contribution to the airline’s growth and success.

    The all-new business solution portal is designed to offer travelers relevant travel information from policies and procedures to the airline’s products and services.

    French National Carrier Air France marked five years of successful operations in Kenya by recognizing its top five travel agents in the country.

    The five, Hemmingways Travel, BCD Travel, Elite Travel, Charleston Travel, and Turkenya Tours and Safaris were recognized for their outstanding contribution to the airline’s growth and success in Kenya during a Travel Agents award ceremony held in Nairobi.

    Expressing his appreciation to all travel agents for their hard work and commitment to ensuring Air France’s success in Kenya, Air-France KLM Regional Manager Marius van der Ham.

    “Collaborating with the travel agents over the years has been a major part of our success. Moving forward, we want to be an easy-to-do business with partners. We have since upgraded our information system dubbed business solutions to give our trade agents all the information they need to position Air-France KLM as the go-to Airline. We are happy to be back in this market and have since increased our Nairobi -Paris bound to 7 up from 3 in 2018 as a way to connect Kenya to the rest of the world and support its growth.” Marius van der Ham notes.

    During the awards, the airline introduced its all-new Business Solutions portal designed to provide travelers with a seamless and real-time end-to-end travel experience.

    The portal which is a major upgrade from its AgentConnect.biz portal further designed to offer travelers relevant travel information from policies and procedures to the airline’s products and services.

    Giving her remarks while showcasing Business Solutions to Travel Agents, Air-France KLM Country Sales Manager Hildabeta Amiani said, “ Based on input and needs of travel professionals and travel agents we are excited to unveil a platform that not only improves customer services but also offers flexibility, convenience, and more user empowerment. We promise and commit to continue innovating and adapting technology to better your flying experience”.

    The solution also allows travel agents to handle specific requests for their bookings. Other resources accessed through the portal include incentive programs, legal notices, policies on flight schedules and disruptions, baggage, and child travel among others.

    The portal’s homepage offers a clear overview of all content. Besides, it is embedded with a state-of-the-art search function that takes users straight to specific information.

    Click here to access the new Air France-KLM portal.

  • Standard Chartered and IFC renew commitment to boost global trade by up to USD6 billion

    Standard Chartered and IFC renew commitment to boost global trade by up to USD6 billion

    Standard Chartered and the IFC announced the signing of a USD700 million investment in IFC’s Global Trade Liquidity Programme (GTLP) to support global trade finance.

     

    Since the launch of the initial facility in 2009, the Standard Chartered GTLP facilities have shown strong reach and impact in supporting trade in the emerging markets, particularly those supported by the International Development Association (IDA), as well as low/lower middle-income countries, given the Bank’s established network and correspondent banking relationships. When combined, these facilities have supported over USD20.5 billion in global trade through over 150 Emerging Market Issuing Banks (EMIBs) in 37 countries across 17,746 transactions, without any defaults.

     

    This renewed facility is expected to support up to USD6.4 billion in trade over three years across Asia, the Middle East, Africa and Latin America by supporting about 850 importers and exporters involved in critical commodities, basic goods and other essential materials to meet market demand. The GTLP programme continues to evolve to reflect changing market dynamics and now features a significant climate component as well as seeking greater activity in the areas of IDA markets and food security.

     

    “We are delighted to renew the GTLP, a longstanding partnership with the IFC since 2009 that is testament to both organisations’ unwavering commitment to narrow the trade finance gap,” said Sunil Kaushal, Regional Chief Executive Officer for Africa & Middle East at Standard Chartered. “As a leading trade bank, we have a crucial role to play in enhancing the accessibility to the capital and liquidity needed to facilitate global trade, and to do so in a sustainable manner. Particularly in today’s challenging post pandemic macro environment, such partnerships can help continue to provide the much-needed liquidity to boost trade flows and drive economic growth.

    This partnership is at the core of what we do as a Bank and in complete alignment with our stand of Resetting Globalisation.”

     

     

     

    The GLTP facility has proven to be a highly effective means to channel financing to support emerging market trade flows, and represents a unique and coordinated global initiative that brings together governments, international development and financial institutions, as well as private sector banks. By providing liquidity or guarantees, the programme helps banks grow their credit limits, manage risk and support trade across developing markets which are often under-served.

     

    “The joint work of Standard Chartered and the IFC Trade & Supply Chain Department over the years has helped support trade in Emerging Markets, a key component of growth and job creation,” said Mohamed Gouled, IFC Vice President. “Given our aligned footprint, shared vision for sustainable development and ability to deploy capital and expertise where our support is needed the most, I look forward to continuing to innovate together and to further expanding our impactful partnership in trade with an increased focus on Sub-Saharan Africa and supporting smaller suppliers further down the supply chain.”

  • LG Electronics Takes Home 23 Awards at the iF Design Awards 2023

    LG Electronics Takes Home 23 Awards at the iF Design Awards 2023

    ·         LG Wins Total of 23 Accolades, Including One iF Gold Award, For Outstanding Product Design and User Experience Innovations

    ·         LG commits to offer differentiated designs that provide first, unique and new customer experiences, enhanced convenience as well as an emotional element that can bring smiles to our customers and across the industry

    LG Electronics has received 23 honors at this year’s edition of the iF Design Award, spotlighting the company’s steadfast commitment to exceptional product design and user experience.

    Held annually in Germany, the iF Design Award is widely viewed as one of the world’s top three industrial design awards along with the Red Dot Award and the International Design Excellence Award (IDEA). This year, a total of 11,000 products were submitted from around the globe, competing for recognition in nine different award categories.

    Commenting on the recognition, LGs head of Corporate Design Center Hwang Sung-gul said, “The success we’ve enjoyed at this year’s iF Design Award is a result of our commitment to developing innovative lifestyle solutions based on extensive customer experience data. Moving forward we will continue to offer differentiated designs that provide first, unique and new customer experiences, enhanced convenience as well as an emotional element that can bring smiles to our customers and across the industry.”

    Of the 23 accolades won by LG Electronics, the unique LG PuriCare AeroFurniture received an iF Gold Award for Product Design.

    The purifier doubles as a side table and mood lamp featuring a compact design. It is ideal for use in various spaces, such as a bedroom or living room, and delivers personalized performance and design options. With different color combinations possible, and two types of table-top to choose from, the new AeroFurniture can be tailored to match any taste or home interior.

    Other LG innovations recognized for their outstanding product design at the iF Design Award 2023 include the LG OLED Flex, a groundbreaking TV featuring the world’s first bendable 42-inch OLED screen, and the LG refrigerator with MoodUP™ technology, a next-generation home appliance with color-changing door panels that can be controlled via the LG ThinQ app. LG gram Style, a powerful laptop with a sleek, elegant design that appears to change color depending on lighting and viewing angle, was also acknowledged by the Award’s judges.

    Honored in the Product Concept category, LG OMNIPOD presents new mobility experiences, boasting a vehicle cabin that can serve as an extension of one’s home. Meanwhile, LG ThinQ, the company’s smart home platform, was recognized in the Communication category for enhancing convenience by offering intuitive functions.

  • Super Metro Now available in Kahawa West Route

    Super Metro Now available in Kahawa West Route

    Leading public service vehicle company Super Metro is expanding its route network with Kahawa West entry in Nairobi.

    The Sacco said in a statement that it has acquired a 100-bus fleet that will be distributed on all of its routes.

    “Today we officially commenced our services in Kahawa West,” it said earlier.

    “Our main aim is to serve our esteemed clients better,” it added.

    Super Metro has become a popular PSV for passengers in Nairobi for its strict observance of traffic rules and regulations in an industry that is dominated by unruliness.

    Only in February did the transportation firm unveil its first fleet of electric buses as the company transitioned to eco-friendly vehicles.

    The Sacco’s electric vehicles ply the Central Business District (CBD)-Kitengela, CBD-Kikuyu, and CBD-Ngong routes.

    The electric vehicles were acquired by Sacco in a partnership with BasiGo, an electronic bus company that seeks to provide environmentally friendly transport solutions on the African continent.

    The model acquired by Super Metro is a K6, a 25-seat electric bus with a 250-kilometer range and less than four hours of recharge time.

    However Super Metro Chairman Mr. Nelson Nduki noted that there is resistance from other Saccos who have hired goons to disrupt operations by stoning their buses despite having been licensed by NTSA.

  • It’s a new dawn as Hon Irene Rolls Out Infrastructure development in Bahati

    It’s a new dawn as Hon Irene Rolls Out Infrastructure development in Bahati

    Bahati Member of Parliament The Honorable Irene Njoki has prioritised infrastructure development in her constituency in a bid to ease mobility and access.

    Infrastructure development is right in her heart and she has demonstrated that Monday Morning.

    “This morning I officially flagged off the grading of Municipality Road, Maimahiu Road in Karushwa and several other feeder roads within Bahati Constituency.

    Making our roads more accessible to everyone is my top most objective as we strive to build a better Bahati.”

  • Dama WA Mobile Spares spreads care to the Needy

    Dama WA Mobile Spares spreads care to the Needy

    There are many young and upcoming business entrepreneurs, but not many can offer to have a sense of touching God’s heart the way Dama wa Mobile as known can she do.

    Dama wa Phones today flagged basic stuff to in Kajiado.

    “Today we flagged off food, Beddings, and hygiene stuff to Havilla Children’s home in Roysambu constituency Nairobi and also to Lodokilani girls in Kajiado to be visited on Tuesday.” Dama said.

    The public has lauded Dama saying that God continues to bless Dama for this compassion’s hand to this beautiful Needy soul.

    Other notable entities in this charity include Novaprime Investment, Modern Furniture Pacific Nyeri, Sympathy Hands Welfare led by Pauline John, and Joyceline Ngaru all hosted by Jesus Compassion Ministry Church Led by Rev Ben Kiengei.

    This is the COMPASSION SEASON for the COMPASSIONATE.

  • Dedan Kimathi foundation greening Othaya central division in Othaya~Nyeri county

    Dedan Kimathi foundation greening Othaya central division in Othaya~Nyeri county

    Nyeri County boasts of having the highest tree cover above 40% percent in a country that targets a 30% national tree cover by the year 2032. To maintain this high percentage, the Kenya Forest Service continues to encourage sustainable tree growth in the county.

    In partnership with the Service, Dedan Kimathi Foundation has continued to call upon Nyeri County residents to plant and adopt trees for sustainable growth.

    Yesterday, 12th April 2023, Dedan Kimathi Foundation collaborated with the Othaya Sub County education office and Othaya Central Division National Government Administration Officers (NGAO) to plant 5250 trees in 7 public spaces namely;

    1. Ihuririo Primary School ………..1000
    2.Kabebero Polytechnic ……2000
    3. Kigumo Primary…… 500
    4. Ihuririo Assistant Chief’s office………. 500
    5. Gathumbi Secondary…. 250
    6. Gathumbi Primary….. 500
    7. Kairuthi Primary…..500

    In all 7 spaces, assorted exotic tree seedlings including cypress, casuarinas, and blue gum were planted. The seedlings were donated by KFS Kabage forest station.

    At the brief opening ceremony held at Ihuririo Primary, Mr. Maina; Othaya Sub-County Director of Education assured the team that the trees would be well taken care of to survive while Othaya Central Division Acting Assistant County Commissioner Madam Joyce Thangari committed to keeping following up with the chiefs to make sure all the trees are protected and watered when the rains subside.

    Dedan Kimathi Foundation promised to keep supporting the tree-growing institutions as long as they take care of the trees planted.