• The number of women on boards in Kenya has been on the steady increase over the years. • Kenya is fairing well globally with a diversity of 36 per cent at present, compared to 21 per cent in 2017. In a special edition to mark Women’s History Month, The Boardroom Africa (TBR) has launched […]
Category: Kenya
KenGen completes construction of 83 MW Olkaria I Unit 6 geothermal plant
Turbine set up, Olkaria 1 Unit 6, Kenya (source: KenGen) In a release, Kenya Electricity Generating Company (KenGen) announced the completion of construction of the 83MW Olkaria I, Additional Unit (AU) 6 Geothermal Power Plant, setting in motion activities to add it to the national power grid. This milestone follows a successful delivery of full […]
Safaricom partners with Little, Makao for M-PESA Mini Apps
Safaricom PLC Chief Enterprise Business officer Kris Senanu speaks at a Little Cab Product showcase event/COURTESY NAIROBI, Kenya March 22-Safaricom has launched partnerships with Little and Makao that will enable M-PESA customers access services from the two firms within the M-PESA Super App without customers having to download separate apps. Customers can access both the […]
Kenya: Safaricom Reigns Supreme in Telco Industry, CA Data Shows
Nairobi — Safaricom has continued to dominate the telco industry with continued growth of subscriptions in the second quarter of 2021/22 as its competitors recorded slight declines, new data shows. According to the Communication Authority(CA) Q2 sector statistics, Safaricom grew its subscriptions by 2.23 per cent to 65,085,720 as at December 2021 compared to 64,897,016 […]
Fast internet brings tech jobs to Nairobi’s poor neighbourhoods
A woman runs as a commuter train passes through Kibera slum, in Nairobi, Kenya, March 24, 2022. Daniel Nzoma’s face glows in the light of a computer screen as he reviews computer codes used for driverless cars and crop disease detection, an unusual job in Nairobi’s crowded Pipeline neighbourhood. Nzoma’s job, which includes "geotagging", needs […]
The 5G network in Kenya and its effects
• While the new milestone makes Kenyans early 5G adopters in Africa, there are still concerns about market and investor readiness for widespread adoption of 5G technology throughout the continent. 5G technology advantages are largely premised on increased internet speeds that are critical in such uses as in AI and connecting people with quality and […]
Banks’ duty of care just got tougher after UK fraud case
Earlier this year, my 18-year-old daughter received a phone call from a stranger claiming he was calling from Safaricom customer care. He spoke authoritatively but quite rudely, demanding her M-Pesa PIN and other personal details. Being quite fresh out of school conditioning mental mindset of respect for authority, the young lass fell for the rogue’s […]
CA says Safaricom shifting goalpost in call rate cut row
The Communications Authority of Kenya headquarters in Nairobi. FILE PHOTO | NMG The Communications Authority of Kenya has accused Safaricom of shifting goalposts by preferring a method it previously opposed in its efforts to stop the proposed reduction of mobile termination rates (MTR). The regulator announced it will cut the MTR per minute to Sh0.12 […]
Easter demand raises Coast air tickets to Sh17,000
Passengers aboard Kenya Airways Embraer 170 from Nairobi alight from the plane in Kisumu Airport. PHOTO | TOM OTIENO | NMG The cost of air ticket to coastal Kenya has increased to Sh17,000 for a one-way ticket ahead of Easter as some flights are sold out, marking one of the steepest rises in the last […]
CIC bounces back from loss to post Sh668m profit
CIC Insurance Group reception [Courtesy] CIC Insurance Group has emerged from a loss to post the highest net profit in six years, helped by increased premiums. Financial results released yesterday showed the insurer made Sh668.4 million net profit in the year ended December 2021 – a recovery from Sh296.8 million loss in the preceding year. […]