Author: NBM CORRESPONDENT

The problem with those who entertain alcoholics is that they do more harm than good when something happens to them and the alcoholic is exposed to an environment where they have to figure out how to live without them BY JACOB OKETCH I have a friend whose brother- in- law is an alcoholic who needs help. His problem is serious and requires urgent action before it gets completely out of hand. Sometimes, it is how soon we act that matters and not how concerned we are. The more an alcoholic gets steeped in his ailment, the more his or her chances…

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AVEVA, a global leader in engineering and industrial software, has unveiled its new Discrete Lean Management software to support digital transformation in the discrete manufacturing market1. The new offering improves operational efficiency through the digitalization of lean work management for both manual and automated production lines. AVEVA’s quick-to-deploy and easy to use digital tools enable access to production information, KPIs and notifications on dashboards, workstations and mobile devices to improve overall equipment and labor effectiveness, and to facilitate data-driven continuous improvement. AVEVA Discrete Lean Management is designed to address the issues faced by operating manufacturing plants still using paper-based systems…

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BY GEORGE PRIOR B itcoin’s price has soared to $10,300 on comments made in February by the U.S. Federal Reserve Chair – but there are other major factors at play driving the price, which has jumped more than 4% since the beginning of 2020. This is the warning from Nigel Green, deVere Group CEO and founder, as the world’s largest cryptocurrency jumped more than 4% on comments made by Jerome Powell that the Fed is investing a significant amount into digital currency development. Mr Green states: “This is further evidence that not only all major banks, government agencies, plus most…

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Huawei Mobile Kenya has launched a new device in the market; the Huawei nova 5T. This is the first device to be launched in the market under the nova series. The device, which is retailing at Sh41, 999 is powered by Android and users’ can access their favorite applications. The Huawei nova 5T was officially availed in the retail stores across the country on 31 January with a preorder window that ended on January 30 where consumers ordered and got free Huwawei Band4 worth Sh4, 699. Huawei nova 5T is geared up to refresh the series with a new life…

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The answer to affordable, improved patient care is not always more staff, controls or administrative processes, but greater adoption of technology that aids, automates and simplifies, allowing more effective use of available resources Complex business models combined with immense pressure to deliver great patient experiences and outcomes have African healthcare providers turning to technology to improve their operational efficiency and automate back-office operations. This task is now far less daunting with the launch of a new technology platform designed by Converge Solutions and the SAP Co-Innovation Lab specifically for the African healthcare market. “Healthcare providers are under increasing pressure to…

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Rental yields in sole use high-end residential properties have recently slowed down owing to an oversupply in the wake of relatively low demand resulting in less speculative investment that has led to an upturn in the new trend of Master-Planned Communities which promise better-diversified portfolio and returns from a project mix comprising of sectors that perform differently in the market Homebuyers in the residential and hospitality markets, which have experienced tremendous change over the years, are now keen on serene locations and developments that provide them with comprehensive lifestyle amenities such as retail center, gym, clubhouse, open community spaces, and…

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BY WYCLIFFE WANDA  Problems that are hurting millions are rarely impossible to solve, with a case in point being Kenya’s severe issues in collecting customs duties correctly and clearing imports into the country through its ports in a timely and efficient manner. As it is, efforts have been made by multiple stakeholders to speed and make accurate our international trade. KenTrade has provided an information portal and its single window system as technology aides. President Uhuru Kenyatta has cleared more than 20 agencies from the ports with defined delineations of responsibilities for the remaining agencies now handling all import checks.For…

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Stakeholders from across the coffee value chain gathered in Mombasa in mid February for the region’s pre-eminent coffee event. The EAC Coffee Business Forum – organised jointly with the African Fine Coffee Conference & Exhibition – is financed by the European Union through the MARKUP (Market Access Upgrade Programme). A forum for regional and international businesses, service providers and policy makers in the coffee sector to exchange and learn from each other as well as find markets and international sales opportunities, it featured a week of interactive discussions, workshops and networking events. During the Forum, a special coffee cupping session…

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Business Interruption (BI), 67% of responses, ranks as the most important business risk in Tanzania as larger and more complex BI losses continues unabated. Causes are becoming ever more diverse, ranging from critical infrastructure blackouts, fire, explosion or natural catastrophes to digital supply chains or even political violence. Changes in legislation and regulation (at number two with 61% of responses) and Climate change (at position 6 with 17%) underline the US-China trade war, Brexit and global warming as increasing concerns for companies and nations including Tanzania. Cyber incidents is second in this year’s Allianz Risk Barometer (39% of responses). Awareness of the cyber…

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Education Investment Plans are versatile investment avenues that cater for clients of varying risk appetites. However, to save for education one does not have to use a purely education-oriented product. Other ways of saving for education other than Education Investment Plans include: Money Market Fund: A money market fund is a short-term investment vehicle that offers high liquidity, as the lock-in period is usually short and withdrawal is easy (most money market funds typically allow redemption within four working days). There are, however, no tax benefits associated with money market funds, nevertheless the higher rates of returns more than compensate…

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