BY BEPHINE OGUTU Acquiring green energy in the Third World has proved to be a very expensive affair to both the governments and public sector. It has been particularly elusive for Kenya, despite President Kenyatta’s promise to help people get the source energy. There is, however, a small company called Takamoto that is doing all its best to change that, reaching one farmer at a time in Central Kenya, with the aim of spreading to the rest of Kenya. Kyle Schutter started Schutter Energy Limited, with the brand name Takamoto Biogas, in 2011. Setting out more like a financial institution,…
Author: Editor
BY ROWAN BENN Over the last decade Volvo have slowly been changing the image of the Swedish brand from the boxy, dependable vehicles of old into genuine contenders in the prestige market, with sleek styling, wonderful interiors and an emphasis on comfort and safety. The latest model revealed is the V90 estate car, which has impressed for combining outright practicality with design. For now the car is available with diesel power only (a petrol-electric hybrid is on its way) and for 2017 Volvo will, in line with their model range, offer a more rugged Cross Country version, introducing this latest…
BY ANTONY MUTUNGA History has it that family business is considered as the oldest and most common model of economic organization. Generation after generation would take over the family business either keeping it afloat or running it to the ground. While most of the people who founded the family businesses were successful in managing them, they always had problems when it came to handing over from one generation to another. This created a stereotype that always the first generation would build the family business, the second would expand it and the third would destroy it. Out of fear in addition…
Jimnah Mbaru has been honoured with this year’s Lifetime Achievement Award for development of African capital markets thanks to Think Business Africa Investment Awards. The Dyer and Blair Investment Bank’s Chairman was feted for achievements that have spanned the founding of stock exchanges in six African nations; the founding of the African Stock Exchanges Association; and his long-term leadership of Dyer and Blair Investment Bank, which also won the Think Business Africa Investment Award for Best Investment Bank. With more than 30 years’ experience in investment banking, Mbaru has led many landmark transactions since first becoming chairman of Dyer &…
The Kenya Reinsurance Corporation has announced the launch of its new regional office in Zambia with the aim of further growth in the African continent. Speaking during the Kenya insurance industry cocktail event held last month at Sankara Hotel in Nairobi, Kenya Reinsurance Corporation Ltd, managing director, Jadiah Mwarania said that the move was aimed at boosting business growth as well as strengthening the reinsurance business relationship in Southern Africa. “We are pleased to launch our Zambia regional hub in the hope of expanding our existing and new business opportunities within the Southern African region. Our success will be premised…
BY VICTOR ADAR When Jacinta Ngina quit her job at Co-operative Bank in June 2012 to start farming in mid July of the same year, people around her thought it was a wrong move. It went like she was not cut for it; leaving an interesting profession for farming was a bit off for her colleagues. But she chose not to stay put in a field where she was likely to be exploited especially in terms of pay package. “I figured I could make more money if I was self employed,” she says. “From the little I’d seen while in…
LittleBigSouls International Charitable Foundation, The Voice For The Premature Baby Born In Africa has announced World Prematurity Day 2016 across Africa and globally as the Founding Partner/ Co-Creator of World Prematurity Day, marking this year as its 7th Annual World Prematurity Day and making a strong impact in care and survival of babies affected by pre-term birth. LittleBigSouls represents the African continent within the World Prematurity Network and works to make a vital impact in care and survival rates of babies born pre-term on the continent. From inception LittleBigSouls has utilized its Every Breath Counts campaign to highlight the struggle in the fight…
Africa’s fastest and most profitable airline has announced that it will fly ten times weekly to Cape Town beginning December 1. “Serving Africa is our primary commitment as a Pan-African carrier, and increasing services to Cape Town is part of this commitment. The increase in flight frequency to Cape Town, our third gateway in South Africa, will enable tourists and business travellers to enjoy convenient connectivity options to and from 95 Ethiopian global networks on-board our state-of-the-art fleet, Boeing 787,” said Mr Busera Awel chief commercial officer, Ethiopian Airlines. Mr Awel said that the ten times weekly service will enhance…
The two firms have reaffirmed their commitment to leveraging their technological expertise to stimulate sustainable progress and economic and social development on the African continent, and have launched a plan to deploy nearly 1,000 solar kits in Senegal, Côte d’Ivoire and Cameroon. Several villages in rural areas have been identified to participate in the first phase of this pilot program, prior to deployment on a larger scale. The kits include a solar panel connected to a battery that can be used to provide domestic appliances with electricity. They also contain a remote control solution and a mobile payment system, providing…
By David Wanjala The year 2016, like all others before it, has finally come to an end. It has been one with a mixed bag of fortunes with a stunted economy being the only constant. I want us to close our eyes, mute our awareness to all the evils that have afflicted us, both real and perceived, and focus on the positive from which we should draw inspiration to face 2017. First, 2017, being an election year, is bound to be ever more unpredictable, the more reason we should stride into it with positive energy, even if imagined. So, what…