Author: I K

Zoho Corp opened a new office with a training centre in Westlands, Nairobi (Westlands), to cater to its growing customer base in Kenya. The announcement was made on the sidelines of Zoholics Kenya, the company’s annual user conference. The office will be occupied in April and Zoho’s first physical office in Kenya. The training centre, equipped with a video conference facility, can accommodate up to 40 attendees at anytime. “We are thrilled to open our new office in Kenya,” said Veerakumar Natarajan, Country Head – Kenya, Zoho Corp. “We believe that our on-ground presence in Kenya will help us better…

Safaricom has introduced the SIM-Swap-Check solution, which restricts withdrawals from suspicious transactions to curb mobile money fraud. According to Safaricom, the SIM-Swap-Check solution provides banks with an Application Programming Interface (API) to query when a customer’s SIM card was last swapped. “It is, therefore, necessary for different players to partner around innovations that protect customers and their funds to safeguard the gains made,” said Safaricom Chief Executive Peter Ndegwa. “At Safaricom, we have developed SIM-Swap-Check and ATM Vicinity Check solutions that we have made available to banks to empower them to reduce fraudulent transactions,” Mr Ndegwa said. In addition to…

The logistics industry has seen a significant shift in the past two years, with the period between 2020 and 2022 offering some of the most interesting developments for the global supply chain. In general terms, this change has been driven by a combination of technological advances, geopolitical shifts, and changing customer expectations. The Covid-19 pandemic was a game changer for everyone – from carriers to truckers, shippers and governments. Even though it has (almost) gone away now, its effects are still felt by many, particularly in the logistics industry, since some of the patterns seen during the pandemic have taken…

Taifa Gas, which Tanzanian business magnate Rostam Aziz owns, has received a licence from Kenya to establish a cooking gas plant and storage facilities at Mombasa port. The Liquified Petroleum Gas (LPG) supplier is expected to construct a 30,000-tonne Kenya facility at the Special Economic Zone in Dongo Kundu. Once completed, it will cut the cost of handling and evacuating cooking gas from the ships to the mainland, allowing dealers to transfer the cost relief to consumers. Currently, LPG prices in Kenya are high, with the 13-kilogramme container retailing at an average price of KSh3,266 in Nairobi, while the six-kilogramme…

Cultural and traditional beliefs continue to contribute significantly to the widespread practice of Female Genital Mutilation (FGM) in Kenya. However, Kenya’s legislative ban on FGM has contributed to a decline of more than half from 1998. In a new survey, the Kenya National Bureau of Statistics (KNBS) has shown that the prevalence of FGM declined from 38 per cent in 1998 to 15 per cent in 2022. Kenya Demographic and Health Survey (KDHS) further shows that there has been a steady decline since 2014. The percentage of circumcised women who were cut and had flesh removed declined from 87 per…

June Chepkemei has been appointed acting managing director of the Kenya Investment Authority (KENINVEST) with immediate effect. Chepkemei, who has been the head of Marketing and Communications at the Konza Technopolis Development Authority (KOTDA) replaces Olivia Rachier Olivia has been serving in an acting capacity since November 9, 2021, following the departure of Dr Moses Ikihara after eight years at the organisation. Chepkemei is expected to spearhead strategies to attract and grow investments in Kenya from the current Ksh 61.5 billion to over Ksh 1.2 trillion by the end of 2023. She is accredited for leading Team Kenya in a…