Author: David Indeje

London-based, Essex Police have confirmed that there was no cause for concern on board the Kenya Airways flight KQ100. This follows RAF fighters’ interception and diversion of the flight from Nairobi to London Heathrow. The plane was diverted to Stansted Airport due to a potential security threat. “Officers carried out enquiries and established nothing of concern on board. The plane has been handed back to the airport which has remained operational throughout,” the Essex Police Tweeted. Officers have established there is nothing of concern on board a flight diverted to #Stansted Airport. Officers carried out enquiries and established there was nothing…

Absa Bank Kenya PLC raises transaction limits on its Timiza wallet following a Central Bank of Kenya directive, enhancing customer convenience and digital transformation. Absa Bank Kenya PLC has increased the transaction limits on its Timiza wallet, following a directive from the Central Bank of Kenya (CBK).  The CBK in September allowed payment service providers to increase daily mobile money transaction limits from Sh150,000 to Sh250,000 and expand the size of mobile money wallets from Sh300,000 to a maximum of Sh500,000. In response to this directive, Absa Kenya has raised the maximum amount that one can transact in a single…

In the 2023 fiscal year, Safaricom supported over 1.2 million jobs, including 236,674 direct and 1,159,309 indirect positions, and contributed KSh 909.5 billion to the Kenyan economy. According to Safaricom’s 12th Sustainable Business Report, this contribution was equivalent to 14.6 times the Ksh62.3 billion ($419.1 million) net profit it posted during this period. It is also equal to 5.1 per cent of Kenya’s gross domestic product (GDP). The increase is attributed to the value created for customers, agents, and merchants through M-PESA (a 17% increase from 2022), as well as the economic impact created through Safaricom’s capital and operational expenditures.…

The Industry Digital Talent Program, a collaborative initiative in Kenya, aims to develop digital skills and innovation, targeting to upskill 1,000 participants within its first year. In a bid to transform Kenya through digital skills and innovation, technology sector players have launched the Industry Digital Talent Program. This initiative is a partnership between academia, training partners, tech hubs, government agencies, and industry players, and aims to develop digital skills in the market by taking a sustainable approach to create a healthy digital talent pipeline. The program targets to upskill 1,000 participants within its first year based on the digital skills…

Lenovo has partnered with the African Storybook to empower and support underprivileged children in Kenya. The two held their first event at the Kibera Community Library (KNLS) on October 7, 2023. The event focused on education, mentorship, and personal development, aiming to inspire and uplift 100 deserving young students. Together, they are committed to nurturing the students through technology, literacy, and soft skills education. “We are excited to partner with African Storybook for this charity event in Kenya,” said Jane Govindsamy, CSI Champion Southern Africa at Lenovo. “At Lenovo, we believe in the transformative power of education and technology. By…

Kenya’s economy expanded at its fastest pace in more than two years in the second quarter of 2023. Kenya’s Economy is estimated to have grown by 5.4% during the second quarter of 2023 compared to 5.2% in the same quarter of 2022, according to the Kenya National Bureau of Statistics (KNBS) Quarterly Gross Domestic Product Report. This acceleration was primarily driven by a significant turnaround in the agriculture sector, which recorded an impressive growth of 7.7%, marking its fastest pace since 2020. The quarterly GDP report reflects the overall and sectoral performance of the economy. The surge in the agriculture…