Cytonn Investments Management Plc, an independent investment management firm, has launched its insurance agency as part of a diversification strategy. Dubbed Cytonn Insurance Agency (CIA), its key objective is disrupting the insurance industry through innovation and automation of insurance processes including the buying and claims process. The agency focus on Work Injury Benefits Act (WIBA), motor, fire, burglary, life, medical, and property to suit different clientele needs. Elizabeth Nkukuu, an Investment Coach at Cytonn said Cytonn has always been keen to serve the interest of Its clients and Kenyans in general by creating innovative and differentiated financial solutions that speak…
Author: Muindi
Dr Willy Mutunga was the first person to hold the office of the Chief Justice after the promulgation of the Constitution of Kenya 2010 Justice David Maraga was the second Chief Justice after Mutunga and the first Office holder to nullify a presidential election in the history of Kenya Justice Martha Koome is the first woman to be Chief Justice of the Republic of Kenya A FRESH smell of air is blowing across Kenya’s Judiciary and the general leadership as Justice Martha Koome prepares to be sworn in as the first woman Chief Justice and the third President of the…
She will be deputised by another high-flying woman, Justice Philomena Mwilu, the second woman Deputy Chief Justice after Justice Nancy Baraza.
Telkom Kenya has created two wholly-owned subsidiaries to house its Digital and Financial Services business to enhance service delivery. The Consumer Service Delivery Unit will remain within Telkom. This is in line with Telkom Kenya’s digital transformation, which begun in August 2020, to enable it to address the demand for infrastructure and data services. “It is also important to highlight that there will be no loss of jobs as a result of this exercise which is geared towards furthering our objective of making Telkom the technology partner of choice,” the telco said in a statement. Telkom Kenya, is 60 per…
Kenya’s biggest company by market value Safaricom PLC says its in talks with American technology giant Amazon to integrate M-PESA as a payment option when shopping. This will make it easier for those customers who use Amazon to shop and ship goods to Kenya. “It is an important partnership as we go into new areas such as cloud,” Chief Executive Officer Peter Ndegwa said on Thursday during an investor briefing after the announcement of their full year 2021 financial results. Safaricom in 2020 entered into a strategic agreement offering Amazon Web Services (AWS) to East African customers to quickly get…
Mastercard has partnered with Kenya’s Billetera to provide millions of residents in the Democratic Republic of Congo access to financial and digital payments services. The partnership aims to support the vision of the DRC’s Government’s ambitious digitization program, the National Digital Plan (NDP). “With only 22.5 million of DRC’s total population of 90 million being financially included within the nation’s financial system, access to banking and mobile money has become an important agenda for the government,” read a statement from Mastercard. According to Digital 2020: The Democratic Republic of The Congo, 40% of the population in DRC had mobile connections…

