Author: David Indeje

The Nairobi Securities Exchange (NSE) has launched an instant messaging application to assist investors in the Kenyan bourse for the first time. The platform will support investors in buying and selling stocks, tracking stock prices, generating statements, and making funds transfers. “The ChatBot is a digital assistant that provides a conversational interface for investors supporting investors as they conduct various financial markets transactions on the NSE,” the bourse said in a statement. NSE says the Artificial Intelligence-powered mobile application, ChatBot, will provide investors with convenient, faster, and real-time access to data and information from the operator. ”With the chatbot, investors…

Safaricom has launched MySafaricom App, a new lifestyle app that will provide customers and users with an easy and efficient way to access its products and services under one roof. “For the new Safaricom app, we set out to do a lifestyle app, not a utility one, and we hope customers will have better experiences,” said Fawzia Ali-Kimanthi, Safaricom Head of Digital Products and Services during its formal launch Wednesday. https://twitter.com/SafaricomPLC/status/1308813384658419716?s=20 Fawzia said through the app, users have more visibility on their usage with the new App.  The app comes with three critical pillars: Security, an automatic authentication using a…

Kenya’s Parliamentary Service Commission says it will move to court to challenge Chief Justice David Maraga’s advice to President Uhuru Kenyatta to dissolve Parliament. The National Assembly Speaker Justin Muturi who also serves as the PSC chair on Tuesday faulted the Chief Justice terming the advisory as unlawful and unconstitutional. “The commission regrets that the Chief Justice appears to be willing, even eager to plunge the country into a constitutional crisis without exercising the wisdom and circumspection that is expected of the high office he holds,” he said “As PSC, we have this morning agreed to move to the high…

Leading retailer Naivas plans to expand operations in Karen by occupying 200,000 square feet of retail space at the Waterfront Mall. Naivas entry which is scheduled to open in October will be replacing South African retailer Shoprite who cut its tenancy in April ending its 10-year lease prematurely. Further, Shoprite has planned to close or dispose off its remaining stores in Kenya. “We are pleased to welcome Naivas Supermarket on board as a partner who we believe fits perfectly within our growth and expansion strategy. The partnership has been motivated by the need to continually offer shoppers at the mall…

Majid Al Futtaim is set to invest an undisclosed amount expanding its footprint in the Coastal city of Mombasa in response to the growing demand for modern retail in Kenya. Carrefour, which is operated in Kenya by Majid Al Futtaim, plans to open 3 outlets with its first two opening their doors in November 2020 with the first one being a 2,150 square metres space at the City Mall Nyali, formerly occupied by Nakumatt.  The Nyali store will house a home-made bakery section alongside a wide assortment of non-food and electronic products. A second one will be a two-floored 1,800…

Kenya’s Chief Justice David Maraga has advised President Uhuru Kenyatta to dissolve Parliament pursuant to Article 261(7) for failing to enact the Two-Thirds gender rule. The CJ’s advisory is based on 6 petitions from the Law Society of Kenya, former Marakwet West Member of Parliament David Sudi, Margaret Toili, Fredrick Mbugua, Bernhard Aoko, and Stephen Owoko. “…for over 9 years and despite 4 court orders, (Parliament) failed, refused and /or neglected to enact the requisite legislation,” said Maraga, “I should, pursuant to the provisions of Article 261(7) of the Constitution, advise you to dissolve Parliament.” Kenya’s constitution maintains that women…