BY SILAS APOLLO Most young Kenyans rely on television stations as a source of information as opposed to social media and radio stations. This is according to a study by the Aga Khan University Media Innovation Center (MiC) which shows that millennials and Generation Z (Gen Zs) youths in the country, prefer TV as their source of information as compared to other media platforms. The study, titled “media consumption in an evolving digital world”, was conducted among millennials (aged 25 to 35) and Gen Zs (18 to 24) living in the country’s urban areas. The study surveyed 1,201 respondents with…
Author: NBM CORRESPONDENT
Yetu Initiative, a collaboration of the Aga Khan Foundation and the United States Agency for International Development (USAID), is empowering civil society organizations (CSOs) in Kenya to not only mobilize resources locally but also collaboratively address community challenges with their county level stakeholders. Founded in 2014, Yetu is focused on strengthening the capacity of CSOs to fund raise and mobilize resources, to advance the principles of self reliance and locally sustained development. The initiative has since supported 323 CSOs to raise over Sh270 million for locally led development projects across 29 counties in Kenya. Speaking during this year’s festival held…
In Overconnected, Bill Davidow, a former Silicon Valley executive, explains how the ‘almost miraculous success’ of the Internet has created a unique set of challenges, in effect overconnecting us, with the direst of consequences for our political, economic, and day-to-day lives. The practical applications – not least among them the ability to borrow money, invest in the stock market, or buy a new home – have made a great impact in our daily lives. But the luxuries of the connected age have taken on a momentum all of their own, ultimately becoming the root cause of a financial meltdown from…
It is time to address challenges hindering effective public policy engagement, decision-making, and interventions to tackle health development issues in African countries Africa has been challenged to invest more in scientific research in advancing knowledge towards achievement of the continent’s economic and social development.According to the African Population and Health Research Center (APHRC), Sub-Saharan Africa contributes a measly 1% of global scientific products, such as patents, research papers, and peer-reviewed articles, with very little change over the last decade. The research-to-policy institution that generates evidence for policy action to enhance the health and well-being of African people, quoting a recent World…
Most companies are mining information of their customers and clients, as data is the new oil, with Forbes’ fear of internet surveillance in 2023 survey, showing that over 90% of people actively take measures to secure their personal data online. This means that the bulk of Kenyans are still not tech savvy, most haven’t ensured that their information is secure as they interact with different technologies. In an era where technology has become crucial, it is important to improve your privacy. To ensure the privacy, Siri Yangu, a tech firm based in Nairobi, has developed “PrivPay” app in an effort…
While Carlo Brayda was trained as a software engineer with an Artificial Intelligence (AI) orientation, he quickly realized that he enjoyed people more than programming. “I had this idea that it would be nice to have a marketing company, even though I didn’t really know what that was,” Brayda says. A postgraduate course at the Chartered Institute of Marketing in London gave him a good idea of what he’d be getting into, and that led him to start his first company, Advanced Alchemy, in 1992. He served clients such as IBM, Microsoft, Sony, and Samsung and decided to sell the…
BY SILAS APOLLO Small and medium-enterprise businesses should take advantage of concessional loans instead of the much more expensive regular ones to grow their businesses. This is according to some experts and business leaders who argue that a loan whose terms are more favourable than a borrower could obtain in the market place and more flexible (concessionaire loans), is better than the regular loans. Ms Jana Lessenich, chief executive officer of Yunus Social Business, says that concessionaire loan pricing and flexible repayment structures are key pillars in recovering a country’s socioeconomic achievements and building flourishing low-income households. This, she argues,…
By Dr Gasheri Mugao Most businesses start out as small and medium enterprises (SMEs) and the cosmetics industry is no exception. What stands out is that majority of cosmetic manufacturers are ladies who started their careers in the beauty industry. This is because capital requirement is low, raw materials are locally available and relative ease of manufacturing. As a result, the sector is shaped and dominated by women-led SMEs, but this does not mean that they are limited from expanding their operations into large scale enterprises. Suzie Beauty is one good example of SME that grew to a thriving…
BY SILAS APOLLO Satellite towns around Nairobi and in other parts of the country are becoming the preferred destinations for most Kenyans, with rental and property prices increasing in the last four months of 2023.This is according to a report by real estate firm HassConsult which shows that in the first quarter of 2023, rental income for most property owners in estates outside of Nairobi and other urban areas experienced a sharp rise. The report shows that apartments located in the satellite towns recorded rental return gains of up to 5.9 % over the first quarter of 2023, a pointer…
BY NBM WRITER Construction of phase one of Safaricom Investment Co-operative’s off-plan residential project, The Miran Residence, is expected to be complete by mid-2024, with phase two set to start by the end of 2023.Phase one of the project, which sits on 1.2 acres of the 3.5 acres of the land, will comprise 200 units of studio, studio lofts, one-bedroom, two-bedroom apartments ranging from Sh3.2 million to Sh6.5 million.“The project is on course, and this has been enabled by our dedicated contractors, and the technology we are using to construct the houses,” Safaricom Investment Co-operative unit manager housing, Daniella Nyakuraya,…
