Global Trade Centre, the Ksh 40 billion business complex in Nairobi’s Westlands is the latest tourist attraction in the city. The 42 – floor -184-meter skyscraper was illuminated in an auspicious ceremony on Wednesday to mark its readiness for occupancy. The trade centre hosts three new complex towers as well as sports and hospitality facilities- JW Marriott Hotel, 184-metre GTC Tower, GTC Executive Residence and GTC Mall. This is an urban complex project integrating luxury five-star international hotels, AAA super high-rise office buildings, high-end business apartments, and international boutique supporting commerce. “The lighting up of the GTC Office Tower was…
Author: Muindi
Muindi
Experience working on communication and marketing departments and in the broadcast industry. Interested in sustainable development and international relations issues.
FSD Africa Investments (FSDAi), the investing arm of FSD Africa, has injected £3 million (KSh447.8 million) into IMFact, a fintech that uses supply chain financing to provide working capital to micro, small and medium enterprises (MSMEs). As a “pooled receivables” factoring business, IMFact purchases bulk invoices from MSMEs for a mix of upfront cash and deferred payments. This gives the sellers access to cash without the need to follow up or wait for invoices to be paid, freeing up capital to buy new inventory, pay suppliers, and grow the business. The funding comes at a critical time with Covid-19 having…
Sidian Bank has secured long-term funds worth Ksh564 million from WaterEquity for onward lending to the Water, Sanitation and Hygiene (WASH) sectors. This partnership between WaterEquity and Sidian Bank is among the initiatives that can help to bridge the gap that exists in communities in Kenya where water and sanitation services are inaccessible for various reasons. Improvement of these services will have a positive impact on the health and economic conditions of these communities especially now during the COVID 19 pandemic. According to United Nations, today 2 billion people globally lack access to safely managed drinking water services and 3.6…
Safaricom says it has rewarded 72 M-PESA business owners with pick-ups and tuk-tuks as part of the ongoing Biashara Ni M-PESA Promotion. The promotion aims to promote a cashless business payment solution that benefits more than 2 million businesses in the country. The first four weeks saw 8 business owners from the 8 regions including Coast, Western, Central, Eastern, Nairobi, Rift Valley, Nyanza and North Eastern each win a pick-up in the monthly draw while another 64 have won tuk-tuks in four weekly draws. Another more than 2,500 business owners have won more than KSh. 19 million in cash prizes.…
HMD Global has finally made the Nokia T20 tablet available the Kenyan after launching the device in October. The Nokia T20 marks the introduction of the brand-new T-series. Packed with innovative and accessible features you’ll love, including a crystal clear 2K screen plus three years of monthly security updates and two years of free operating system (OS) upgrades. The Nokia T20 tablet has been touted as an entry-level Android tablet powered by a Unisoc Tiger T610 octa-core processor and features a 10.4-inch in-cell display that also has a native resolution of 2000 x 1200. The tablet comes standard with 4GB…
Bolt has announced it will allow its drivers in Kenya to set their own prices a move aimed to attract more drivers and ensure riders a greater trip experience. Bolt will be piloting these new features in Nairobi as the first market in Africa. The app also hopes to address a rise in frequent cancellations seen by passengers in recent months, as drivers cancel last-minute to avoid a less profitable booking. The Estonian app said passengers can manually select a preferred driver based on a number of factors such as price fare, expected time of arrival, and driver rating. In…