Peter Ndegwa, the CEO of Safaricom, has been inaugurated as the second Chancellor of the Meru University of Science and Technology (MUST), marking the start of his five-year term. He succeeds Dr. James Mwangi, the CEO of Equity Group Holdings Plc, who served as the first chancellor for ten years. Ndegwa’s appointment emphasizes the university’s commitment to enriching its academic programs and innovation through industry expertise and collaboration. In his acceptance speech, Ndegwa expressed his honour and dedication to advancing the university’s mission. “As I embark on this new journey, I am filled with a sense of purpose and dedication…
Author: David Indeje
The OPPO Reno 11 Series walks a tightrope between the mid-range and flagship segments, balancing undeniable charm. The series comes in two versions, Reno 11 and Reno 11 Pro, with advanced telephoto capabilities and featuring ColorOS 14 based on Android 14 for a smoother smartphone user experience. From the moment you hold it, the Reno 11 exudes elegance. The pearl-white finish, smooth to the touch and surprisingly fingerprint-resistant, is a head-turner. This beauty extends to the large, immersive AMOLED display that brings movies and games to life with its vibrant colours and silky 120Hz refresh rate. https://youtu.be/Xc8FgH75JBo Review of the…
Britam Holdings has launched Beta Lab, a new hub dedicated to nurturing budding insuretech startups and accelerating product development in the insurance industry. Beta Lab offers a corporate acceleration program that explores acquisitions and collaborations with tech-driven startups and innovators tackling challenges within the traditional insurance industry. The insurance innovation hub aligns with one of Britam’s 2021–2025 growth pillars: leveraging partnerships with digital platforms and other financial services providers to reach emerging consumers. “Beta Lab reaffirms our commitment to innovation and technology partnerships, pillars of our EPIC² strategy. These partnerships will help us scale up, conquer new markets, and prepare…
MultiChoice, the South African media group owning popular sports broadcaster SuperSport, has declined a full takeover offer from French pay-TV Canal Plus. Undervaluation Claims MultiChoice’s board determined the offer, tendered on February 1st by Vivendi-owned Canal Plus, significantly undervalued the company. The offer equated to ZAR105 (US$5.62) per share, targeting the 68.3% of MultiChoice shares not already held by Canal Plus (31.7%). Canal Plus, already the largest MultiChoice shareholder, acquired its initial stake in 2020 and steadily increased it. They argued a merger would create a global media powerhouse, factoring in potential synergies not reflected in the offer price. The…
Guinness lovers in Kenya witnessed a revolutionary step in the realm of the iconic stout with the introduction of Guinness Proserve. Guinness Proserve is a first-of-its-kind technology that promises to deliver the “perfect pour.” What is Proserve? This innovative system utilizes ultrasonic sound waves to create a smoother, creamier head on your Guinness drink. The ultrasonic waves create a tighter, creamier head that lasts longer, enhancing the visual appeal and mouthfeel of the Guinness. In addition, it provides a more pronounced, consistent flavour profile, allowing the roasted barley notes and subtle hops to truly shine. Proserve ensures a velvety texture…
The Hass Land price index for the fourth quarter of 2023 reveals that the average price of an acre across Nairobi’s suburbs has grown at the fastest pace since 2015. This surge in property prices signals a robust recovery from the impact of the COVID-19 pandemic. Key highlights Quarterly Price Increase: The 3.3 per cent quarterly price increase is the highest since the First Quarter of 2015. This positive trend indicates a rebound in the real estate sector. Suburbs Performance: Fourteen out of the 18 suburbs experienced positive price movement during the quarter. Notably, Muthaiga, Ridgeways, and Loresho stood out with quarterly price growth rates of 3.7 per cent, 3.6 per cent, and 3.1 per cent, respectively.…

