Author: Muindi

Netflix, a video streaming service, will no longer offer its free subscription plan to Kenyan users, a significant change in its business model. Effective November 1, 2023. The free plan was a groundbreaking initiative by Netflix, with Kenya being the first country globally to benefit from such an offer. The free plan allowed users to access a limited range of content without requiring a paid subscription.  Users will now have to transition to one of the platform’s paid plans, with prices starting at KES 200 per month. This strategic shift aligns with Netflix’s global strategy of expanding its presence and…

Microsoft has announced a strategic partnership with M-PESA Africa, a leading fintech and payments service in Africa, to drive capacity building and digitisation for Micro, Small and Medium Enterprises (MSMEs) across several African markets. The partnership aims to equip MSMEs with the necessary skills to develop stronger business models, manage their finances, and offer exceptional customer service. Microsoft will provide access to its Community and Training platform where M-PESA Africa will digitise skilling. M-PESA connects over 60 million customers and more than 900,000 businesses through M-PESA business solutions across eight countries, processing over 91 million transactions and over $1 billion…

NCBA Bancassurance Intermediary LTD, a subsidiary of NCBA Group, has launched a digital insurance portal, NCBA Go Insure, to empower customers to manage their insurance needs. The portal simplifies the insurance process by providing users with advanced data security protocols and the convenience of obtaining and comparing motor insurance quotes from multiple underwriters. The platform offers features such as comparing insurance quotes, instant access to insurance portfolios, real-time claims submission & tracking, and premium payment capabilities. NCBA Group Director Asset Finance and Business Solutions, Lennox Mugambi, emphasized that the platform is designed to simplify the insurance process and enable customers…

Safaricom has brought GPS vests into the Chapa Dimba tournament to track and evaluate player performance, producing valuable data. This technology made its debut at the fourth edition of Safaricom Chapa Dimba. During the Nyanza Region Chapa Dimba finals at Moi Stadium Kisumu, athletes wore Catapult One team vests to collect their data. The Wearable GPS Vest powered with AI that all players are wearing today to capture and monitor players performance on the pitch #SafaricomChapaDimba pic.twitter.com/m5zQJFRlBk — Brian Mbunde ™ (@Brianmbunde) September 30, 2023 Charles Gacheru, IMG Communications Director and the brain behind Catapult One stressed the need for…

Equity Bank has been recognized as Africa’s Best Bank for Corporate Responsibility for the second consecutive year in both Kenya and the Democratic Republic of Congo (DRC). Equity Bank also received accolades for being the best in digital solutions and small and medium enterprise (SME) banking in the DRC at the Euromoney Awards of Excellence 2023. These awards are a testament to Equity Bank’s commitment to delivering exceptional services and transforming lives across Africa. Equity Bank’s CEO, James Mwangi, attributes these achievements to their innovative digital solutions, extensive branch network, and dedicated employees. “These prestigious accolades reaffirm our unwavering commitment…

Despite having a population of over 50 million people, Kenya’s insurance penetration rate stands at 1.3 per cent, which is relatively low. There are different ways to protect your loved ones to ensure that they lead peaceful and comfortable lives. One of the best ways to ensure that this is achieved is by taking up a Life insurance policy. In today’s world, it is crucial to have financial security in order to live a stress-free life. Life insurance policies offer an opportunity for you to protect yourself and your loved ones from unforeseen circumstances. This is an excellent time to…