Author: David Indeje

With Kenya recording, a steady decline in COVID-19 positive cases, President Uhuru Kenyatta lifted the nationwide dusk to dawn curfew that was in place since March 2020 on Wednesday. President Kenyatta said infection rates had fallen, with less than 5 per cent of tests each day. “It is now time to shift our focus from survival to co-existing with the disease,” he told the nation during the 58th Mashujaa Day celebrations at the Wang’uru Stadium in Kirinyaga County. “I hereby order that the nationwide dusk to dawn curfew that has been in effect from March 27, 2020, be and is…

Japanese VC firm Kepple Africa Ventures says it will revoke its investment in Kenyan fintech startup Wapi Pay. This is after reports on Monday alleged that Wapi Pay founders, brothers Eddie Ndichu and Paul Ndichu, were allegedly accused of assaulting two women in Nairobi’s Ole Sereni Hotel. ‘’In light of the alleged assault on women by the founders of our portfolio company Wapi Pay, we Kepple Africa Ventures hereby announce that we have zero tolerance on such conduct and announce that we will relinquish all the rights of our investment stake in Wapi Pay.’’ General Partner Satoshi Shinad said in…

I&M Bank customers will now have access to digital banking services and products via an omni channel experience. In order to facilitate and enable a seamless banking experience for customers, I&M Bank Kenya has partnered with Backbase, a global digital banking software provider. Dubbed I&M On The Go (OTG), the platform will support customers to access all the bank’s products and services in real-time through mobile banking and internet banking. In addition, it will allow them to transact through the bank’s website, mobile app, call center and the bank’s branches.   https://twitter.com/imbankke/status/1450019443468382209?s=20 The focus of the digital transformation for I&M Bank…

Kenya has outperformed the global average in female representation in boardrooms according to the latest 2021 Board Diversity and Inclusion Survey Report. According to data by the Kenya Institute of Management (KIM), gender diversity in Kenyan boardrooms now stands at 36 per cent, a significant increase from 21 per cent in 2017.  In comparison, the global average of women holding board positions stands at 23.3 per cent, up from 20.4 per cent in 2018. The 2021 Board Diversity and Inclusion Survey Report explored diversity beyond gender and age to other variables such as education, professional background, nationality, ethnicity and religion.…

VAAL Real Estate on Monday said it has taken over the responsibilities of the Divine Residences by CityBlue, a partnership with CityBlue Hotels & Valor Hospitality Partners, a full-service hotel and restaurant management, hotel acquisition, and hotel development company.  Divine Residences by CityBlue in Riverside, Nairobi was developed by Vaal Real Estate. It consists of 252 units serviced apartments.  It aims at serving short- and long-term guests offering a ‘unique investment opportunity that guarantees the best return on investment they said in a joint statement. “I believe that we have achieved the best possible deal in favour of the owners…

Chinese smartphone maker OPPO has updated its Android operating system on its smartphones, ColorOS 12, is much improved from the previous one, ColorOS 11. The new ColorOS update based on Android 12 will first be rolled out on the Find X3 Pro 5G, introducing an all-new inclusive UI, smoother performance, and rich features that help boost your everyday productivity as well as help achieve better work-life balance. “OPPO’s target is to bring ColorOS 12 to over 110 models with 150 million users with ColorOS 12 by the end of 2022,” OPPO said in an emailed statement. What is new on …