Author: Khusoko

Shaka Mwangi Kariuki has been appointed the Capital Markets Authority (CMA) chair replacing Nicholas Nesbitt, whose appointment to the post has been revoked. Shaka is currently the TransCentury board chairman. Mr Kariuki also serves as the co-CEO of Kuramo Capital Management LLC, and vice chair of GenAfrrica, Platcorp Holdings and Sterling Capital. He is the executive chairman of Nas Foods in Ethiopia. He sits on the board of Leon Business Solutions in Zimbabwe, Solo in Nigeria, Sepfluor in South Africa and the Marriott School of Management at Brigham Young University. He holds a Bachelor’s in Economics and a Master’s in…

Stima Sacco says it has fixed the issue affecting its online services, an assurance to its members. Sacco’s management said this resulted from migrating its services to a new core banking system from the old Electronic Resource Planning, which is more secure and efficient in terms of amplification and transactions for existing and prospective members. With the new and revamped systems, customers can withdraw, deposit, and borrow cash through their MPawa App, view statements and check balances, and onboard on their new-improved web portal, all in real-time, unlike in the past. “We would like to assure our members that Stima…

Online money transfer has become an important part of everyday life in Kenya and across the globe. Digital money transfer services not only support millions of businesses but also help keep families and friends connected in the country and across borders. According to the Ministry of Foreign Affairs, an estimated 3-4 million Kenyans live and work in the diaspora. Many use digital money transfer services to send money back home for different reasons, including education and medical costs, gifts and supporting daily household expenses. The rising popularity of digital money transfer has provided many benefits for customers, including faster speeds,…

The time for Kenyan small and medium enterprises (SMEs) to embrace insurance coverage is long overdue, according to Xplico Insurance. According to the industry player, the immense contribution of the SME sector to the Kenyan economy is unmatched. Kenya’s economy thrives on the backbone of SMEs. The latest statistics from the Kenya National Bureau of Statistics (KNBS) show that the sector employs about 86 per cent of the population and contributes about 45 per cent to the country’s gross domestic product. “Despite the immense advantages and opportunities within the SME sector in Kenya, the sector still faces a myriad of…

Securing goods during long-distance transit is one of the most important aspects of any supply or logistics business. Containers and trailers do not have the level of protection that buildings do. This article discusses truck seals, their benefits, and their uses across industries.  Plastic Truck Seals for Logistics Needs Using high-quality hardware to protect their goods is paramount for businesses that have to transport assets and products regularly. Truck seals are a valuable tool for providing that security. The plastic truck seal is a simple but effective device made from high-quality plastic. Plastic truck seals can be designed for different…

The importance of being safe at home, at work, and at school cannot be overstated. As a result, as an individual, a parent, or a business owner, you should think about installing a guardrail. This is important if you have an open space where people could fall over, get injured, or die. This article discusses all you need to know about guardrails and their benefits. What exactly are guard rails? Guardrails are iron frames used to mark the end or boundary of a place or road. They keep people from falling over or from walking over a path. Also, they…