WhatsApp users will be able to lock their chats with a password or fingerprint ID. Facebook chief Mark Zuckerberg announced the new update for WhatsApp users. “New locked chats in WhatsApp make your conversations more private. They’re hidden in a password-protected folder and notifications won’t show sender or message content.” The new feature will allow millions of WhatsApp users to lock their chats and stay protected online. “We think this feature will be great for people who have reason to share their phones from time to time with a family member or those moments where someone else is holding your…
Author: Muindi
Stanbic Bank reported a profit after tax of KShs. 3.9 billion for the first quarter ended 31st March 2023, an 84% increase in earnings. This was attributed to strong revenue growth across all business segments and a robust balance sheet. The bank’s Chief Executive for Kenya and South Sudan, Joshua Oigara, attributed the positive results to the successful execution of the bank’s three-year medium-term strategy, which began in 2021. Revenue grew by 65% to KShs. 11 billion, driven by balance sheet growth, fees income from client services, and trading income from financial intermediation. Customer deposits increased by 24% to KShs…
Xiaomi has launched the Redmi A2 series smartphone in Kenya, an entry-level device with a powerful MediaTek Helio G36 processor, an 8MP AI dual camera system, and a long-lasting 5000mAh battery. Xiaomi raises the bar for the Redmi A2+ segment by making exceptional performance available at a highly affordable price, making it a top-of-the-line contender in its bracket. The device will come in a 2GB + 32GB variant at an affordable cost of Ksh 10,499. Large 5,000mAh battery and MediaTek Helio G36 Powering up the Redmi A2+ is a MediaTek Helio G36 processor, with an octa-core CPU up to 2.2…
The average price of Super Petrol, Diesel, and Kerosene increased by Sh3.40 per litre, Sh6.40 per litre and Sh15.19 per litre respectively. According to the latest review by the Energy & Petroleum Regulatory Authority (EPRA), the increase is attributable to the average cost of imported refined petroleum products, which has seen the landing cost of imports varying in price. As a result, the review is on track to hit a record high, setting up the first big cost-of-living challenge for the Kenyan government. The landing cost of super-petrol increased by 8.63% in March 2023, Diesel decreased by 2.51% and kerosene…
Ethiopia has granted Safaricom a licence to launch M-PESA. The telco expects to roll out the mobile money services before the end of the year, which is set to lift the profile of the service. The service was launched in Kenya in 2007. “As of this morning (Thursday), Safaricom Ethiopia has officially been granted the licence to operate mobile money. We look forward to launching M-Pesa in the coming weeks,” chief executive officer Peter Ndegwa said during an investor briefing. The telco paid $150 million as licence fees to the National Bank of Ethiopia (NBE). “We welcome this shift to…
The Ellen Johnson Sirleaf Presidential Center for Women and Development (EJS Center) has announced the third cohort of African women set to join its flagship program, the Amujae Initiative. The cohort is made up of 12 female leaders from 10 countries across the African continent. They include current government ministers, members of parliament, senior government advisors, and activists engaged with issues ranging from economic development to gender equality and youth empowerment. The initiative has 42 African women leaders, known as Amujae Leaders, who have leadership roles in public offices across the African continent. The Amujae Initiative was launched by former…

