Author: James Wambua

A rise in premiums has seen Kenya Re’s net profit increase by 15 percent to Kes3.62 billion for the fiscal year ending December 2022. The strong performance was attributable to a rise in gross written premiums that went up by 23 percent to Kes24.98 billion while net earned premiums grew by 16 percent to close at Kes22.15 billion. In the period, the company’s investment income edged up by two percent to Kes3.74 billion with the corporation noting this was due to the effects of full containment of the Covid-19 pandemic on the investment environment. In the period, Kenya Re’s operating expenses dropped by 16 percent…

Kenya’s push to integrate digital skills in primary and secondary school teaching and learning has received a welcome boost from the Safaricom Foundation as the charity organization moves to enhance roll out of technology skills in its focus and reach under its education support pillar in the next three years. The Foundation is now seeking to step up the education outcomes of students across Kenya by partnering with Teacher Training Institutions with a view to upskilling the tutors’ competencies and in turn the learner outcomes through the training of tutors to effectively impart digital skills to millions of students. “In this 2023 to 2026 Safaricom…

The sad story of Kodak has always been one where a firm skipped the opportunity to change with the times ignoring the fact that the company did invest in digital technology. Part of the reality was that digital cameras meant the end of its business, at least that is what second placed Fujifilm did, diversifying into magnetic tape optics and videotape, and branching into copiers and office automation, a joint venture with Xerox. Today Getty Images, Newgrounds, PurplePort, and FurAffinity have all banned illustrations generated using Artificial Intelligence (AI) art tools such as DALL-E, Midjourney, and Stable Diffusion which generate an image for you when you just type a phrase or description…