Author: NBM CORRESPONDENT

Research firms thrive  on execution, and delivery, including research design consultancy, questionnaire programming, translation, sampling, field coordination, data-processing, and visualisation, according to Nicholas Parsamakis who is the chief executive of Total Operations Africa, a division of Ipsos in Kenya. A write up by Mr Parsamakis said the research firm bets on contactless approach, which is unique as compared to in-person interviewing. This is achieved through seamless offline and online integration, from online and mobile to face-to-face and telephone interviewing. “Mixed-mode data collection is the future,” he said in the story. “We constantly invest in innovative and automated approaches to data…

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Gulf African Bank (GAB) Kenya and car distributor DT Dobie have sealed a Shari’ah compliant financing deal to enable both existing GAB clients and new clients, including those referred by the vehicle distributor to purchase commercial vehicles. Under the agreement, registered SMEs and corporates will be able to acquire Mercedes Benz trucks and buses as well as Hyundai light trucks with financing of upto 90% for a maximum tenor of 60 months. Speaking during the signoff ceremony, the lender’s chief executive officer, Anuj Mediratta said all Kenyans who are running registered businesses should take advantage of the financing package to…

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Yousef Elhemmali has joined OLA Energy Kenya Limited as the general manager effective August 1, 2022. His appointment comes at a time when the company is implementing its expansion on the retail network to increase overall market share in the petroleum product sales. Last year, the firm commissioned a new state of the art Liquefied Petroleum Gas (LPG) plant in Nairobi that is fully automated with superior leak detection systems to guarantee safety. With the new plant and other planned LPG infrastructure projects, OLA Energy Kenya reaffirms its commitment to clean and affordable energy. In addition to his new role, Dr.…

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By Risto Paldanius A shift from Africa’s traditional approach to power generation is needed to unleash the continent’s clean energy potential and secure a future free from blackouts. A strategy centred around energy storage and flexible power systems will be the key to guaranteeing the reliability of a high-renewable grid, while also lowering the cost of electricity. As the continent’s economies and populations steadily grow, so too does the demand for reliable electricity. In short, new power plants should be built, and the reliability of electricity systems needs to be vastly improved. But here is the challenge: How can African…

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BY WILLIAM MWANGI Education impacts an individual’s thought process through the development of critical, analytical and creative thinking just to mention a few. It is vital to invest in early childhood development with a focus on the end goal. The choice of an education system will determine the outcome. Kenya has embraced the Competency-Based Curriculum (CBC) a system that begins in early years education (pre-primary and lower primary), middle school (upper primary and lower secondary), senior school (upper secondary) and tertiary education. Cambridge curriculum consists of four stages – primary, lower secondary, IGCSE and International AS and A Levels –,…

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BY GEORGE BODO The ongoing conflict between Ukraine and Russia is deeply rooted in the history of Europe. In the 19th Century, as Prussia, under Chancellor Otto von Bismark, began to seriously advance the idea of unification of Southern German states under one strong State (which later became Germany), France, then under Napoleon III, saw a stronger unified Germany as a threat to its own standing within Europe and war between France and Prussia was inevitable.  Historians are still divided but the war was eventually triggered by the candidacy of Leopold of Hohenzollern-Sigmaringen, a Prussian prince, to the throne of…

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BY TERESIA KING’ARA The book focuses on “What it takes” to build great organizations that can stand the test of time. It highlights the unquestionable role of culture when it comes to building an exceptional organization, according to Stephen A. Schwarzman, the author and founder of BlackStone.  Mr. Schwarzman strongly believes in protecting the organizational culture by always hiring talent. He says that great talent will perform, and will end up hiring more talent, thereby contributing to a great culture. He also advocates for compelling traits, and answers the “why” – he is doing that by offering growth mindset and…

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By Noan Angrist The COVID-19 pandemic placed enormous pressure on education systems worldwide. At the peak of the crisis, school closures forced over 1.6 billion out of classrooms. This exacerbated a learning crisis that existed before the pandemic, with many children in school but learning very little.  Widespread school closures are not unique to COVID-19. Teacher strikes, natural disasters, other disease outbreaks and extreme weather conditions all result in lengthy school closures. The cost of school closures has proved to be substantial, in particular for lower socioeconomic status households. When schools are closed, remote learning is rarely as effective as…

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A communications platform, Tuecaller, has launched a completely free to use app, Open Doors, to allow users to enjoy safe, secure and private audio conversations. The app, whose interface is set to be available in English, Hindi, Spanish, Latin and French, with more languages to be added later on user demand, will be available on the Google Play Store and Apple App Store. It also works seamlessly across both smartphone platforms. “Thanks to Truecaller being 13 years in the business, we’ve spent a great deal of time learning about how people communicate,” said Nami Zarringhalam, co-founder of True Software Scandinavia…

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Suspected digital fraud attempts coming from Kenya dips 61% as fraudsters shift focus on betting, and travel and leisure companies The rate of digital fraud originating from Kenya decreased in the first quarter of 2022, with suspected online fraud attempts declining by 60.9% from the same quarter last year, in line with the global decrease of 22.6% during the same time period.  TransUnion’s quarterly report notes that while the overall rate of suspected digital fraud declined in Kenya, there were significant shifts year-over-year (YoY) within certain industries. Sectors such as financial services, telecommunications and communities (particularly online dating) all saw YoY…

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