Author: David Indeje

This year’s admission is the largest single-year cohort 633 scholars have so far gained admission to global universities under the ELP Equity bank through its Equity Leadership Program (ELP) is offering USD 18,856,327 (Ksh 2 billion) scholarships to 92 scholars to global universities. Making the announcement, Equity says they comprise Wings to Fly alumni beneficiaries as well as those who topped the 2019 Kenya Certificate of Secondary Education. They will join forty-three (43) institutions across five continents in different countries including the United States, Canada, Germany, Hungary, Turkey, Costa Rica, the United Kingdom, United Arab Emirates, Ghana, Mauritius, Rwanda and…

The Kenyan High Court High Court on Thursday allowed Brookhouse School to charge 100 percent of full virtual learning fees for children. The matter relates to a petition from parents seeking to have a 30 percent waiver from the fee schedule issued to them. According to Justice Weldon Korir, it is the market that dictates the cost of a product or service. “It is noted that the studies offered by the school are pegged on an international system of education which had not been suspended at the time the Kenyan schools were closed. The school had a contractual obligation to…

Kenya’s services activity continued to pick up pace in August with output and new orders rising solidly, but continued to contract as firms reported job losses, according to a private survey. “Sentiment improved for the first time since February, but remained relatively weak,” the IHS Markit Services PMI said on Thursday recording a second straight month of growth in the Kenyan private sector, with output and new orders rising as the economy gradually opens up. The Purchasing Managers Index (PMI) fell to 53 in August 2020 from 54.2 in July.  Despite falling from 54.2 in July, the index suggested that…

“Poacher” a Kenyan/British short film directed by Tom Whitworth will debut on Netflix on September 30. “It’s been a 4-year journey and we are enormously proud to announce the launch of ‘Poacher’, our short award-winning Kenyan crime thriller, exclusively available on Netflix from 30th September,” Tom Whitworth wrote. https://twitter.com/kenyafilmcomm/status/1301409213483278338?s=20 The 28-minute short film is based on the human cost of those involved in conservation. Shot in Tsavo National Park, Poacher tells the story of Mutua, a desperate farmer who runs into trouble after he steals a stash of blood ivory from a gang of international terrorists.  The cast in the…

African digital music platform Mdundo’s listing on Nasdaq First North Growth Market Denmark was oversubscribed by 111 percent, the company said in a statement. It received subscriptions from 2,914 investors for a total of 8,428,731 shares.  “The company’s offering of up to 4,000,000 new shares at an offer price of DKK 10.0 per share was, thus, fully subscribed, which gives Mdundo.com gross proceeds of DKK 40.0 million and a market value of DKK 102.0 million,” Mdundo said in the statement. Mdundo is a music service with over 40 Danish business angels as investors, with high growth focusing on the growing…

Men to Get 4 Months Paid Parental Leave Mobile communications company Vodacom Group says all its employees, regardless of their gender and sexual orientation, would be offered 16 weeks (four months) of fully paid parental leave. “The move is derived from Vodacom’s new leave policy, which is designed to support families by giving every parent the opportunity to have more time with children new to their family. “Under the new leave policy, employees will also be able to phase their return from parental leave by working the equivalent of a 30-hour week at full pay for a further two months,”…