Author: Muindi

NCBA Bancassurance Intermediary LTD, a subsidiary of NCBA Group, has launched a digital insurance portal, NCBA Go Insure, to empower customers to manage their insurance needs. The portal simplifies the insurance process by providing users with advanced data security protocols and the convenience of obtaining and comparing motor insurance quotes from multiple underwriters. The platform offers features such as comparing insurance quotes, instant access to insurance portfolios, real-time claims submission & tracking, and premium payment capabilities. NCBA Group Director Asset Finance and Business Solutions, Lennox Mugambi, emphasized that the platform is designed to simplify the insurance process and enable customers…

Safaricom has brought GPS vests into the Chapa Dimba tournament to track and evaluate player performance, producing valuable data. This technology made its debut at the fourth edition of Safaricom Chapa Dimba. During the Nyanza Region Chapa Dimba finals at Moi Stadium Kisumu, athletes wore Catapult One team vests to collect their data. The Wearable GPS Vest powered with AI that all players are wearing today to capture and monitor players performance on the pitch #SafaricomChapaDimba pic.twitter.com/m5zQJFRlBk — Brian Mbunde ™ (@Brianmbunde) September 30, 2023 Charles Gacheru, IMG Communications Director and the brain behind Catapult One stressed the need for…

Equity Bank has been recognized as Africa’s Best Bank for Corporate Responsibility for the second consecutive year in both Kenya and the Democratic Republic of Congo (DRC). Equity Bank also received accolades for being the best in digital solutions and small and medium enterprise (SME) banking in the DRC at the Euromoney Awards of Excellence 2023. These awards are a testament to Equity Bank’s commitment to delivering exceptional services and transforming lives across Africa. Equity Bank’s CEO, James Mwangi, attributes these achievements to their innovative digital solutions, extensive branch network, and dedicated employees. “These prestigious accolades reaffirm our unwavering commitment…

Despite having a population of over 50 million people, Kenya’s insurance penetration rate stands at 1.3 per cent, which is relatively low. There are different ways to protect your loved ones to ensure that they lead peaceful and comfortable lives. One of the best ways to ensure that this is achieved is by taking up a Life insurance policy. In today’s world, it is crucial to have financial security in order to live a stress-free life. Life insurance policies offer an opportunity for you to protect yourself and your loved ones from unforeseen circumstances. This is an excellent time to…

Showmax, MultiChoice’s streaming platform, has announced that its Showmax Pro package will be phased out by November 30, 2023, as the service prepares for a relaunch. Introduced in July 2020, Showmax Pro bundled existing Showmax entertainment content with music channels, news, and live sports streaming from SuperSport. However, with the upcoming relaunch, the service’s sports offering will focus exclusively on the English Premier League. As part of the planned changes, Showmax Pro will no longer be available for subscription from October 1, 2023. “From 1 October 2023, Showmax Pro will no longer be available for subscription. If you have an…

The Central Bank of Kenya (CBK) has joined the Pan African Payments and Settlement System (PAPSS), becoming the 10th African central bank to do so. This move allows Kenyan firms to conduct trade and financial transactions with other African nations. Other African central banks on the Pan African Payments and Settlement System platform include those of Nigeria, Liberia, Guinea, Djibouti, The Gambia, Sierra Leone, Zimbabwe, Zambia, and Ghana. In Kenya, Standard Chartered Bank of Kenya, Ecobank, and KCB are among the commercial banks on the PAPSS network. By 2025, all African commercial banks are expected to join PAPSS. Currently, 28…