Jumia Kenya, e-commerce firm, has appointed a new chief executive officer Juan Seco as Betty Mwangi’s exits after serving the position for less than a year, having held the role from November 2021. Mr Seco has been an insider since 2015 whereby he first held the role of chief financial officer, before forming part of the founding team of JumiaPay as the chief operating officer in 2017. He was responsible for all financial aspects and reporting of Jumia’s ventures in the country, including Jumia, Jumia Travel (Jovago), Jumia Food (Hellofood), Jumia House (Lamudi), Jumia Services and Jumia Deals. He was…
Author: NBM CORRESPONDENT
Diamond Trust Bank Kenya Limited (DTB) has unveiled three new brick-and-mortar branches within Nairobi metropolitan area as part of its growth strategy. The new branches are located at Imara Daima (Imaara Mall), Kamakis (Viashla Business Centre) and Kahawa Sukari (Ruhan Plaza) bringing to 64 the number of the lender’s physical branch networks in Kenya. DTB Kenya chairperson Linus Gitahi said the move is part of the bank’s plan to deepen its market presence in fast-growing regions. “As a tier-one bank, we are keen on increasing our market presence as this underpins our growth strategy. The investments we are making are…
To meet the growing demand for men seeking services of male related medical issues, the Aga Khan University Hospital (AKUH), Nairobi has opened an Andrology Centre at its Peponi clinic. The clinic will focus on male reproduction, hormone and organ concerns including erectile dysfunction, male fertility, prostrate disease, premature ejaculation, penile and testicular cancers. It will also offer diagnostic tests such as semen analysis to check the volume, number, ability, size of sperms among other tests. “There is need for increased awareness for men to seek help for their reproductive health issues the same way women are quick to visit…
United States International University-Africa (USIU-A) has appointed American-born Prof. Margee Ensign as the new substantive vice chancellor. The university’s council chairman Kris Ole-Senanu said Prof. Ensign, whose term will start from September 1, 2022, will be taking over from the USIU-A interim vice chancellor Prof. Freida Brown. “The University Council is confident that Prof. Ensign’s experience leading two very different organizations as vice chancellor will enable her to address the challenges and opportunities for USIU-Africa,” Mr Ole-Senanu said. “She brings an undoubted commitment, passion and vision around deepening international and intercultural education in Africa: it has been at the heart…
One of the reasons that Safaricom’s MPESA has seen a rise over the years has been greatly due to having a large number of mobile money agents and merchants throughout the country as compared to the other telcos. However, this will soon stop being the case as Safaricom, Airtel, and Telkom are now set to share mobile money agents and merchants in the next phase of mobile interoperability, a move that experts say, will foster healthy competition. This will allow agents to maintain a single float when serving customers, regardless of their network. Agent interoperability will be a big advantage…
Family Bank has signed a Sh350 million (€2.9 million) two-year partnership with a foundation that specializes in financing water and sanitation projects, Aqua for All, to facilitate increased lending to medium and small-scale water enterprises supplying low-income communities with safe drinking water either through piping systems or water kiosks throughout Kenya. The stakeholders are targeting Community-Based Water Service Providers (CBWSP) in order to provide improved access to clean, safe water to over 280,000 people. CBWSPs are organized as community-based organizations, self-help groups, cooperatives, societies, trusts, sole proprietors, associations, faith-based social projects and NGO social projects. Speaking during the signing ceremony, Family Bank CEO Rebecca…
Judiciary has taken a critical step forward to fulfill its mandate of ensuring that there is a court in every sub-county by the establishment of Kabiyet law courts funded by the Mosop Constituency, National Government Constituency Development Fund (NG-CDF). According to Chief Registrar of the Judiciary (CRJ) Anne Amadi, Kabiyet is the sixth to be unveiled under the funding of the NG-CDF and the second in Nandi County after Tinderet Law Courts bringing the total number of courts in the county to three. “The Judiciary will endeavor to match the beauty of the building with excellence in service delivery,” Ms…
In a bid to provide youths with tech skills, a Pan African organization, Power Learn Project, has chosen 1000 learners to join its first cohort of 1 million developers for Africa program. In the new global economy, where technology is front and center, obtaining a future-ready skillset is a necessity for both personal and professional growth and opportunities. Dubbed “One Million Developers for Africa”, the scholarship program will run for a period of 16 weeks. Besides blockchain, web and database technologies, the learners, will also learn about python and dart. “When you educate one person you can change a life,…
Often, elections pose the risk of destabilising the economy, thanks to a perennially chaotic and unstable political environment. Peace and stability are crucial. A crisis like the 2007/2008 post-election violence, in which nearly 1,500 Kenyans were killed, several hundreds of thousands displaced, with huge economic losses, must not happen again. prevented. It’s not hard to see why there is a lot at stake in this election. President Uhuru Kenyatta’s second term is ending and Kenyans wish for a smooth transition. Already, the two major coalitions — DP Ruto’s Kenya Kwanza and Raila Odinga’s Azimio la Umoja — are embroiled in…
By William Mwangi Over 800,000 candidates who sat for this year’s Kenya Certificate of Secondary Education examination walked out of the exam rooms heads held high, beaming with excitement and ambition as they step into what they believe will be a bright future. Now, the prospects of that future will be determined, largely, by one question: What is the best career path to take? While some may have already had the advantage of receiving career guidance, a majority will face that question much later. Ideally, that process should begin in the early years of post-primary education, but it is never too…