Author: David Indeje

Safaricom has launched a month-long Christmas campaign called “Sambaza Furaha” that aims to deepen customer engagement and experience.  The campaign began on December 6, 2023, at Hon. John Njoroge Secondary School in Kasaran. Today, we launched our Christmas campaign #SambazaFuraha at Hon. John Njoroge Secondary School in Kasarani to spread the love and cheer with the community🥳🥳 pic.twitter.com/hluO4N2CLk — Safaricom PLC (@SafaricomPLC) December 6, 2023 “Sambaza Furaha” is a campaign by Safaricom that aims to spread joy and kindness during the festive season. The campaign encourages people to share the season’s blessings with others, especially after a year of toiling…

The Central Bank of Kenya raised its policy rate by 2 percentage points to 12.5%, which is the first hike since June when it raised it by 1 percentage point. The Central Bank of Kenya aims to stabilize the shilling currency, whose depreciation has spurred price pressures, curbed foreign investment, and affected debt servicing. The central bank’s Monetary Policy Committee (MPC) said in a statement that there is a need to adjust the monetary policy stance to address the pressures on the exchange rate and mitigate second-round effects. “There is need to adjust the monetary policy stance to address the pressures on…

The 2023 Christmas Sarova Stanley Tree Lighting Ceremony was held Friday along Kimathi Street, Nairobi. The Sarova Stanley, Kenya’s luxury hotel, has been making history since 1902.  It has hosted royal safaris, legendary personalities, and historic events. Today, as the hotel enters its second century, it continues to maintain its unique heritage and provide state-of-the-art services and facilities for business and leisure travellers. One of the hotel’s most cherished traditions is the annual Christmas tree lighting ceremony, which marks the beginning of the festive season. It comes immediately after cake mixing. The ceremony was held Friday at the hotel’s courtyard,…

Safaricom’s Good to Be Home’ campaign aims to increase the demand for home internet by highlighting the various fixed internet solutions and value-added services that enhance the home experience. One of the new offerings is the Family Share plan, which combines home fibre with mobile voice, data, and SMS in a single package.  This allows customers to enjoy seamless connectivity at home and on the move. https://youtu.be/V-9CnWmFL5A Family Share plans Customers can choose from three Family Share plans, depending on their needs and budget. For an extra KES 800 on their current Home Fibre plan, they get 8GB, 400 minutes,…

Eaagads Ltd., a coffee producer and exporter based in Kenya, reported a dismal performance for the six months ended September 2023, as the company suffered from low sales and high production costs. “During the reporting period, significantly minimal coffee sales were made owing to the ongoing government-initiated coffee reforms, which have negatively impacted the company’s ability to do direct coffee sales as has been the practice.” “The lack of sales has severely impacted the company’s cash flow, leaving a financial gap that necessitated borrowing a substantial sum of KES108 million. This borrowing has served as a means to cover operational…

The Kenyan government has proposed a new social healthcare fund that will require every household in Kenya to pay 2.75 per cent of its monthly income to fund universal health coverage (UHC) for all Kenyans.  If passed and approved, the Social Health Insurance (General) Regulations, 2023, will replace the National Health Insurance Fund (NHIF), which has been in operation for 57 years. The draft Social Health Insurance (General) Regulations, 2023, which were published by the Ministry of Health, are meant to implement the Social Health Insurance Act, 2023, which was gazetted in November.  The regulations will require public participation before…