Author: David Indeje

Cybercrime is the biggest challenge to financial markets whose potential economic costs can be immense and damaging to public trust according to the Capital Markets Soundness second quarter 2019 report released Monday.  “Confidence is significant as cyber incidents could potentially undermine the integrity of the global financial markets,” said Mr. Luke E. Ombara, Director, Regulatory Policy and Strategy, CMA. The report says with a prevalence of Cyber Incidents from financial data breaches at large multinational public companies to high profile incidents on Central Banks and Government systems have risen due to increased use of Financial Technology (FinTech). “Cyber threats in…

Tusker Mattresses, popularly referred to as Tuskys Supermarket, Kenya’s biggest retailer, plans to list at the Nairobi Securities Exchange (NSE) in 2019. “We are excited to have joined the NSE Ibuka program and we have a strong intent to be one of Kenya’s remarkable listings on the NSE,” said Daniel Githua, chief executive of Tusker Mattresses Limited when it joined Ibuka, NSE incubation and acceleration program for high growth companies in Kenya. The retailer operates and serves over 10 million customers monthly across 63 branches in Kenya and Uganda and on its premium e-commerce platform. The retailer joined the program…

Trade With Africa awarded Amb. Albert Muchanga “the Champion of Trade 2019 Award”. Muchanga is the Commissioner for Trade and Industry of the  African Union. He was being recognized for his achievements in promoting Intra-African Trade. This was in recognition of his significant contribution to the Continental Integration and his tireless and remarkable work towards the launch of the operational phase of the African Continental Free Trade Area (AfCFTA) in Niamey, Niger in July 2019. “We have found in Ambassador Albert Muchanga a leader with a clear vision, tenacity, and rigor and on behalf of my generation, who believe in…

The Kenya Internet Governance Forum (KIGF), an annual meeting that brings together various stakeholder groups for policy dialogue on Internet governance issues on an equal basis through an open and inclusive process, is set to be held on August 1-2, 2019 in Nairobi, Kenya. This year, the 12th edition is themed, “One Kenya. One Net. One Vision.” The sub-themes prioritized for discussions include: Data Governance – This session will provide for discussions on the fundamental challenge of ensuring the benefits of the data revolution to contribute to inclusive economic development while protecting the rights of people. Digital Inclusion – This…

Kenya Airways (KQ) has scaled up flight services to Mombasa, Zanzibar, Kilimanjaro, Juba and Kigali routes. Mombasa will see an increase of two flights to twelve daily, while Kilimanjaro will have an additional flight to two daily flights. The Juba, Zanzibar, and Kigali routes will each see an additional flight, with 4 flights to Juba (Monday, Wednesday, Friday & Sunday), 5 flights to Zanzibar (Tuesday, Wednesday, Thursday, Saturday & Sunday) and daily flights to Kigali. KQ will also increase passenger seating capacity for leisure destinations by operating the Boeing 737-800 to Livingstone, Victoria Falls and Cape Town with a similar…

Infrastructure, connectivity, and growth of local content have been identified as key drivers for Africa’s digital economy. These were the emerging pillars during the 7th edition of the Africa Domain Name System Forum (AFDNS) being held in Bostwana to help the industry grow at a competitive rate and be at par with the world. Moctar Yedaly, Head of Information Society in the Department of Infrastructure and Energy of the African Union Commission told the participants that five elements of Domain Naming Systems (DNS), a unique number (IP address) for a given name (URL), include:  A local internet infrastructure, education to…