Author: Korir Issa

Equity Group plans to invest USD 6 Billion in a private sector-focused stimulus package to accelerate economic recovery and resilience in the Eastern and Central Africa region over the next 5 years. Equity’s Eastern and Central Africa Recovery and Resilience Plan is envisaged to provide financing of up to 2 per cent in which the Group operates. The lending to the private sector will be in the form of blended financing of short-term overdrafts, medium-term loans and credit facilities that require long-term project and development financing. Equity Group CEO Dr James Mwangi says the loans will be disbursed at an…

Wu Ashun of China emerged triumphant on Sunday as the winner of the 53rd edition of the Magical Kenya Open golf title with a six-under-par 65 for a total of four rounds of 16 under par 268. Hurley Long of Germany, Thriston Lawrence of South Africa and Aaron Cockerill of Canada emerged joint second on 12 under par 279. Wu Ashun became the first Chinese player to win the international event pocketing Ksh 36.3 million. (€291,660). “It’s a very, very good feeling today to win a championship. It was very tough today, I played very, very well today and made…

Kenya has declared a yellow fever outbreak after Isiolo County reported new cases in Merti and Garbatulla sub-counties, a statement by the Ministry of Health states.  Acting Director-General of Health, Dr Patrick Amoth says 15 people are suspected to have the disease, but only three cases have been confirmed. “The first case was detected on 12th January 2022. To date, 15 patients presenting with fever, jaundice, muscle pain and joint pain have been line-listed; the youngest being 11 years and the oldest being 65 years,” Amoth said in a letter to health CECs across the country on Friday. “Sadly, we…

Netflix Inc will be acquiring Finland’s Next Games, a developer of mobile games, for a total value of $72 million, expanding into the video gaming industry. Founded in 2013 and led by Teemu Huuhtanen, Next Games has been developing mobile games since 2013 based on popular television series such as “Stranger Things” and the “The Walking Dead”. “We are excited for Next Games to join Netflix as a core studio in a strategic region and key talent market, expanding our internal game studio capabilities,” Michael Verdu, vice president of games at Netflix said in a statement. “While we’re just getting…

GOtv Kenya has expanded its network size by installing a transmission site in the Burumba area in Busia County that will give thousands of families access to affordable and quality entertainment. The transmission site in Busia is the 28th site that GOtv has commissioned and will serve the residents of Busia Town, Korinda, Bumala, Namboboto, Mayayos, Lugulu, Butula, Namiaso, Namwitsula, Ngelechom, Mayenje, Mundika, Bwamani, Ochude, Kemodo, Asinge, Murumba, Simbachai, Asinge, Busibwabo, Angorom, Kongrass shopping centre. Nancy Matimu, MultiChoice Kenya Managing Director said the Busia site will serve over 40,000 households offering unmatched entertainment options for the residents of Burumba sub-county…

Vivo Kenya unveiled its V23 5G smartphone in the country with a retail price of Ksh 59,999. The vivo V23 5G smartphone is equipped with a 50 MP AF Portrait selfie feature and 8 MP super-wide-angle front camera on the front panel also supporting 4K selfie video features.  This is coupled with a triple rear camera module consisting of a 64 MP night camera, an 8 MP super wide-angle camera and a 2 MP super macro camera that will support Super Night Mode to deliver unmatched performance in the dark. The smartphone also comes with a 7.39 mm ultra-slim body…