Author: Khusoko

Streaming service Showmax has announced four new original productions scheduled to premiere throughout the course of the year. Speaking about the upcoming originals slate in Kenya, Timothy Okwaro, MultiChoice Channel Director, East and Southern Africa said, “We have worked with new production houses to expand our genre offering to ensure that our viewers get to see the very best of Kenyan stories told in different facets of life, from thrillers to crime dramas to political thrillers. Showmax subscribers can look forward to compelling local stories that will definitely keep you tuned in. This slate speaks to our localization strategy and…

 SuperSport viewers on DStv and GOtv will be counting down the days to the 2022 FIFA World Cup in Qatar, with the tournament set to run from 21 November to 18 December. DStv and GOtv have exclusive Pay TV rights to the 2022 FIFA World Cup on the African continent and will be providing coverage of unrivaled depth, quality and quantity. SuperSport will give its viewers an unbeatable experience, with crystal clear High Definition visuals, top analysts and commentators, a range of language options, and the ability to watch games on the go via the DStv App. DStv is here for every fan, whether you will be waving the flag of one of the…

The Bank of Kigali, a Nairobi Securities Exchange and Rwanda Stock Exchange-listed lender has announced a 35 percent increase in net profit to LSh5.8 billion for the year ended December 2021 driven by a 20.8 percent rise in total interest income and double-digit growth in all key performance metrics. It has recorded a 41.4 percent year-on-year growth in non-interest income to Sh4.2 billion, on the back of increased trade volumes and economic activities. “We recorded another strong performance in 2021, reflecting economic recovery with improved asset quality and profitability,” Bank of Kigali, Chief Executive Officer, Diane Karusisi said. The group…

Mobile money adoption and use saw continued growth in 2021, processing a record $1 trillion annually according to the GSMA‘s 10th annual ‘State of the Industry Report on Mobile Money’. The industry enjoyed a substantial increase in the number of registered accounts, up 18% since 2020 reaching 1.35 billion globally. The volume of person-to-person transactions were up to more than 1.5 million every hour.   The report reveals that one of the most significant drivers of growth was merchant payments, which almost doubled year on year. It also highlights how mobile money continues to act as a core pillar of financial and…

Kenya Broadcasting Corporation (KBC) says it will use its newly donated studio equipment from Multichoice to boost its television upgrade project. The donation worth over Ksh 36.8 million includes video switchers, a high definition audio-visual recorder, routing matrix, playout servers, and a Media Asset Management (MAM) Storage System among other TV studio items. The donation cements the two institutions’ pioneering, 27-year-old, public-private partnership that began in 1995. MultiChoice Kenya Limited was established in 1995 as a joint venture between KBC owning 40% stake locally and MultiChoice Africa Holdings (60% stake), a subsidiary of the MultiChoice Group to provide Subscriber Management…

Absa Group has appointed Arrie Rautenbach as Chief Executive Officer (CEO), effective immediately.  Arrie, who is currently Chief Executive of the Group’s retail and business banking (RBB) unit, is the first internally appointed CEO since 2006. Interim CEO Jason Quinn will resume his position as Group Financial Director with immediate effect. Arrie has more than 25 years of banking experience, which includes serving as the Group’s Chief Risk Officer, simultaneously providing executive leadership for the Group Separation Programme and Group Strategy Office. He previously served as a Chief Executive of Retail Banking at Absa, Managing Executive of Absa Card Division,…