Author: Muindi

Kenya’s private sector activity in January accelerated to an eleven-month high with a surge in demand, boosting business activity and supporting a renewed increase in employment, a private survey said. The S&P Global Kenya Purchasing Managers’ Index (PMI) rose to 52.0 in January from December’s 51.6 figure. A print above 50 is considered an expansion, while below 50 is a contraction. “For the second month running, construction was the only monitored sector to see a decline in sales, contrasting with rises in agriculture, manufacturing, services, and wholesale & retail,” S&P Global relayed via a comment accompanying the survey. Standard Bank…

Through its spirit of Tuinuane, Safaricom has used sports such as golf for more than two decades to nurture and support talent to transform lives. Part of this support includes KES 26.8 million sponsorship towards the third edition of the Magical Kenya Ladies Open at Vipingo Ridge, Baobab Course in Kilifi County. This premier event puts Kenya and the East African region on the world map. Since 2019, Safaricom, through the M-PESA brand, has supported the Magical Kenya Ladies Open with over KES 60 million in sponsorship. As part of this continued support to grow the sport of golf, especially…

Boniface Mungania has been named the Director of Public Sector Digital Transformation for Safaricom, effective April 1, 2023. He will report to CEO Peter Ndegwa and be in charge of forming partnerships in the Public Sector to advance digital transformation for national and county governments. “In this role, he will collaborate with key functional owners, including Enterprise, Financial Services, Technology and Business Development to deliver solutions in an agile way,” the telco said. He will work closely with key stakeholders such as Enterprise, Financial Services, Technology, and Business Development to deliver solutions efficiently. Boniface has been the acting Chief Financial…

Safaricom has named Esther Masese chief financial officer, effective February 21. Masese replaces Boniface Mungania, who has been holding the position in an acting capacity since July 2022. Mungania has in turn, been appointed Director of Public Sector Digital Transformation with effect from April 1, tasked with developing partnerships within the public space and driving digital transformation for both the National and County governments. “In this role, he will collaborate with key functional owners, including Enterprise, Financial Services, Technology and Business Development to deliver solutions in an agile way,” the telco said. Waititu joins from the Kenya Commercial Bank (KCB),…

TikTok, a leading destination for short-form mobile video in Sub-Saharan Africa, has launched a digital-out-of-home (DOOH) campaign with billboards in Nairobi and Johannesburg to celebrate its most lauded creators and their efforts to tell the African story. Nairobi (Westgate Mall, The Hub Karen, and Moi Avenue) and Johannesburg (Braamfontein) are the first cities to pilot the digital billboards conceptualised. This is to inspire creativity and bring joy to the creators behind the content and the audiences in local communities that viewed it. The billboards feature short clips of the #TopCreator2022 finalists, such as Natasha Gwal, popularly known as @natasha_gwal, an…

The cost-of-living crisis, rising inflation and fears of a recession are creating considerable challenges for retailers and restaurants in Kenya, according to new research commissioned by Glovo. The research found that, compared to the pre-epidemic period, most businesses (86%) changed strategies more frequently to reach more customers.  Seventy-seven per cent of the businesses also indicated diversifying their offers to reach consumers. Most businesses also indicated that the current business environment is the most challenging ever.  The research follows the launch of Glovo Local, a program designed to help small and medium-sized retailers and restaurants digitize their businesses and grow their online presence.  Glovo Local…