Netflix Inc will be acquiring Finland’s Next Games, a developer of mobile games, for a total value of $72 million, expanding into the video gaming industry. Founded in 2013 and led by Teemu Huuhtanen, Next Games has been developing mobile games since 2013 based on popular television series such as “Stranger Things” and the “The Walking Dead”. “We are excited for Next Games to join Netflix as a core studio in a strategic region and key talent market, expanding our internal game studio capabilities,” Michael Verdu, vice president of games at Netflix said in a statement. “While we’re just getting…
Author: Korir Issa
GOtv Kenya has expanded its network size by installing a transmission site in the Burumba area in Busia County that will give thousands of families access to affordable and quality entertainment. The transmission site in Busia is the 28th site that GOtv has commissioned and will serve the residents of Busia Town, Korinda, Bumala, Namboboto, Mayayos, Lugulu, Butula, Namiaso, Namwitsula, Ngelechom, Mayenje, Mundika, Bwamani, Ochude, Kemodo, Asinge, Murumba, Simbachai, Asinge, Busibwabo, Angorom, Kongrass shopping centre. Nancy Matimu, MultiChoice Kenya Managing Director said the Busia site will serve over 40,000 households offering unmatched entertainment options for the residents of Burumba sub-county…
Vivo Kenya unveiled its V23 5G smartphone in the country with a retail price of Ksh 59,999. The vivo V23 5G smartphone is equipped with a 50 MP AF Portrait selfie feature and 8 MP super-wide-angle front camera on the front panel also supporting 4K selfie video features. This is coupled with a triple rear camera module consisting of a 64 MP night camera, an 8 MP super wide-angle camera and a 2 MP super macro camera that will support Super Night Mode to deliver unmatched performance in the dark. The smartphone also comes with a 7.39 mm ultra-slim body…
Kenya is among the countries in Sub-Saharan Africa with the highest mobile phone use and the greatest global use of mobile internet when compared to desktops. This makes having a registered SIM card a crucial step that forms an integral part of our daily life and work. From reading emails to handling personal finances and shopping, the importance of SIM registration cannot be emphasized enough, especially concerning security. Over the years, numerous complaints from customers have found that their National ID details have been used to register a number unknown to them. This happens without their consent and is often…
Kenya Mortgage Refinance Company PLC (KMRC) Medium Term Note (MTN) was oversubscribed with bids worth Ksh 8.1 billion being received against Ksh 1.4 billion target. This is equivalent to a 578.6 per cent subscription rate. However, KMRC will only take Ksh.1.4 billion of the funds raised for lacking a green-shoe option. The bond was issued in January. “The success of this first issue represents a resounding validation of our business model and strategy by investors. The cash raised will enable us to blend our inventory of concessional funds and therefore substantially scale up our operations, as we seek to refinance…
Syinix, a home appliance brand of Transsion which also owns mobile brands Tecno, Infinix and Itel, recently opened a brand shop at Luthuli Avenue, Nairobi. Syinix covers TV, audio, refrigerator, washing machine, AC, and other home appliances with a commitment to being the most reliable household appliance brand for African consumers. https://twitter.com/SyinixKE/status/1494605495650430976?s=20&t=Q_qgEMkLUQJ2gcWXIAziRg “What a surprise! With only five hours of opening, sales reached 313 per cent of our expectation,” said Little Sun, Syinix’s Kenya marketing manager. With a commitment to “innovation and quality”, Syinix developed a nearly 2000 R&D team and full-coverage after-sell service network. The sold-out of TV is…

