Author: Khusoko

DStv and GOtv have lined up an unmatched entertainment list of exciting Kenyan content made in Kenya by Kenyans that is set to thrill local viewers this holiday season.  With shows to keep customers glued to the screens 24 hours a day, the very best of premium content takes center stage on Maisha Magic Plus and Maisha Magic East.  “MultiChoice Kenya remains committed to tell the best Kenyan stories that bring people together around shared passions. Our local content offering is unmatched and gives our customers a premium entertainment experience,” said Nancy Matimu, Managing Director MultiChoice Kenya. We are committed…

Markets regulator, Capital Markets Authority (CMA) has imposed a total fine of KSh15 million on four former Real People, a non-deposit taking financial solutions provider for businesses in East Africa, for flouting regulatory norms. According to CMA, the four, Mr Arthur Arnold, Mr Neil Grobbelaar, Mr Arumugam Padachie and Mr Bruce Schenk diverted proceeds of the KSh1.3 billion bond to South Africa.  “CMA initiated an investigation into the matter and noted that there appeared to have been a plan involving RPKL (Real People Kenya Limited) and RPIHL (Real People Holding International Limited), South Africa to use the medium-term note proceeds…

Chinese smartphone maker Xiaomi Corp will invest 10 billion yuan ($1.52 billion) in the automotive industry. This will be a new subsidiary that will manufacture smart electric vehicles over the next ten years. Lei Jun, CEO of Xiaomi, will serve as CEO of that subsidiary. https://twitter.com/Xiaomi/status/1376828192011427842?s=20 Xiaomi currently is the third-largest smartphone vendor with a market share of 11.5 per cent, followed by Vivo and OPPO with 10.6 per cent and 8.5 per cent global market share respectively according to a report from Strategy Analytics.

The Cabinet Secretary for Health, Mutahi Kagwe, on Monday, while briefing the nation on the status of COVID-19, made a passionate appeal for Kenyans to return cylinders to manufacturers to help stem a looming crisis. He made a shocking revelation that cylinders are being hoarded and illegally refilled across the country which means that the cylinder pool is being depleted daily. Oxygen is critical in the management of COVID-19. The CS said more than 20,000 Oxygen cylinders are in the hands of Kenyans and made a humble appeal that they are returned to enable the frontline workers to save the…

Thanks to the efforts of young people such as Elizabeth Wanjiru Wathuti and Greta Thunberg who are speaking up and urging the world to pay more attention, climate change is garnering global interest. Leaders, young people and even students are now talking about it. Companies are thinking about how they can reduce their carbon footprint and their operations’ impact on the environment. We have already started feeling the effects of climate change such as the soaring frequency and intensity of storms, floods and droughts, weather patterns are changing.  Here in Kenya, water bodies are either drying up or bursting their…

Tanda, a Kenyan agency banking startup, is set to expand its footprint into Uganda, Tanzania and Rwanda within the next 24 months. This expansion drive comes after it secured backing in February 2021 from HAVAÍC, Zedcrest Capital, DFS Lab, Victor Asemota and 3 more investors. Tanda has also secured key strategic partnerships with Mastercard & Interswitch which will further accelerate this growth. Founded in 2018, Tanda allows shop owners to access inventory on credit and also become access points for essential services such as airtime, utility payments, banking and insurance services for their customers. The platform aggregates all major financial…