Author: Muindi

Experience working on communication and marketing departments and in the broadcast industry. Interested in sustainable development and international relations issues.

Kenya Airways (KQ), has unveiled, Economy Max, a product that allows customers to create additional personal space by booking a seat or a row next to them.  Economy Max, a first of its kind for an African carrier, will be available for purchase between 48 to 3 hours before departure to all KQ customers purchasing Economy Class tickets globally. https://twitter.com/KenyaAirways/status/1363980386842345472?s=20 According to a July 2020 IATA Study, travellers are seeking ways to feel more comfortable about flying again. This has led to increased accountability for airlines to ensure passenger confidence. Julius Thairu, Chief Commercial and Customer Officer at Kenya Airways say…

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Acorn Investment Management Limited Wednesday listed two of its real estate investment trusts (Reits) on the Nairobi Securities Exchange (NSE) unquoted securities platform (USP). They include Acorn Student Accommodation Development REIT (ASA D-REIT) and Acorn Student Accommodation Income REIT (ASA I-REIT). The Unquoted Securities Platform (USP) is the first automated solution that will facilitate the trading of shares of unquoted companies in Kenya. This is part of the Ksh 2.5 billion raised in new funding in the projects.  “These Reits are projected to give long-term investors an 18 per cent return over a 10-year hold basis which is significantly above…

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Prisma iPM is an electrical switchboard that is used to manage the electrical distribution system in large and commercial scale buildings. Schneider Electric is supporting the national ‘Buy Kenya, Build Kenya’ initiative by announcing the launch of locally-manufactured Prisma iPM electrical switchboards, an initiative that is set to boost job creation opportunities in the country. Prisma iPM is an electrical switchboard that is used to manage the electrical distribution system in large and commercial scale buildings. To ensure the success of this initiative, Schneider Electric is investing in the training of its local personnel and partners to ensure that the…

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Streaming platform Spotify is to launch in 85 new markets, which includes Kenya and Nigeria. “Spotify is embarking on a sweeping expansion that will introduce the world’s most popular audio streaming subscription service available to more than a billion people in 80+ new markets around the world, and add 36 languages to our platform,” it said after formally announcing on its Stream On event. https://twitter.com/Spotify/status/1363902761373495298?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1363902761373495298%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Ftechweez.com%2F2021%2F02%2F22%2Fspotify-finally-coming-to-kenya-spotify-hifi-coming-later-in-the-year%2F The company said it will introduce free and premium plans across all the markets. However, in select markets, it will offer Individual, Family, Duo, and Student Plan options. The new markets include Angola, Antigua and…

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Kenya received $278.4 million (Kshs. 30.6 billion) as remittance in January, which is 7.3% higher compared to the corresponding period last year when remittances stood at $259.4 million (Kshs. 28.5 billion).  According to the Central Bank of Kenya (CBK) data, the cumulative inflows in 12 months to January this year totalled $3,113 million (Kshs. 342.4 billion) compared to $2811 million (Kshs. 309.2 billion) in 12 months to January 2020 which represents a 10.8% increase.  The World Bank had projected an estimated 20 per cent global decline in remittances in 2020 due to the economic crisis induced by the COVID-19 pandemic…

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130 job opportunities are set to be created through the opening of the new store. Carrefour, owned and operated by Majid Al Futtaim in Kenya, on Wednesday unveiled its new store Diani Centre Point Plaza in Diani, Kwale County. The announcement marks a continuation ofCarrefour’s expansion in Coastal Kenya.  This is the first Carrefour store to be opened in Kwale County and the second within the coastal region. In a statement, Franck Moreau, Country Manager of Carrefour Kenya at Majid Al Futtaim Retail, said, “So far, the response from our customers at our City Mall branch in Mombasa has been…

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