PAPSS was piloted in Nigeria, the Gambia, Sierra Leone, Liberia, Ghana and Guinea.
Author: David Indeje
Telkom Kenya has launched an app for its mobile money product, T-Kash, an easy-to-use application that will enable its customers to access a wider service offering on its digital financial services platform. The T-Kash App can be downloaded from the Google Play Store, the Huawei App Store, as well as the Apple Store, which is a strategic addition through which Telkom customers will access T-Kash. Customers currently access T-Kash via USSD code *160#. “The launch of the T-Kash App is the culmination of extensive research on evolving customer trends, anchored on the need for simplicity, security, availability, and diversified service…
The Kenyan High Court on Wednesday suspended the planned increment of premiums for motor vehicle insurance by up to 50 per cent. The increase was to affect Motor Vehicle Third Party Cover and the Comprehensive Cover starting the year 2022. Justice James Makau in his directive said the petition filed by Kenya Human Rights Commission (KHRC) is heard and determined. “I have considered the petitioners’ grounds in support of the application and oral submissions by both parties upon careful evaluation of the same, I find that the petitioner has demonstrated a prima facie case with a likelihood of success,” the…
Centum Real Estate Limited on Tuesday said it has signed an agreement with private alternative asset group, GEM Global Yield LLC, to provide a common share subscription facility of up to KShs 17 billion for a 36-month term The wholly-owned subsidiary of Centum Investment company also said it plans to list at the Nairobi Securities Exchange (NSE) and the agreement with GEM underwrites the listing process. According to Centum Real Estate, if the Ksh 17 billion will be utilised efficiently, it will equal the purchase of significant minority shares. “The share subscription facility will allow Centum Re to draw down…
Popular image and video sharing platform Instagram says its users will start seeing a chronological feed that is making a comeback but is currently being tested. Available in the app it includes Home, Favorites, and a chronological Following feed. Head of Instagram Adam Mosseri says the company has already started testing the tri-feed format, with a view to launching the full experience “within the first half of this year.” https://twitter.com/mosseri/status/1478767105444966401?s=20 What does this mean? Home: the feed will be similar to the “experience you know today.” Favourites: It will consist of content from a curated list of accounts. “you don’t…
Equity Group has expanded its revenue stream with the launch of its subsidiary Equity Life Assurance Kenya Limited (ELAK). The license from the Insurance Regulatory Authority (IRA Kenya) will enable ELAK to provide life insurance solutions to an underserved market and contribute towards the vision of Equity Group to transform lives and expand opportunities for wealth creation. Equity Life Assurance Limited is a fully-fledged business with separate structures and commercial arrangements in line with the IRA regulations. “We felt the need to make our contribution to the Insurance industry and we believe we can make Insurance be understood better by…

