Ex-US Afghan contractor flees Kenya over persecution
A former US contractor who worked for Dyncorp International has fled Kenya over allegations of sexual persecution from his community.
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In Brief
Mandera loses Kes280 mn to ghost workers and camel herders
Office of the controller of budget estimates Mandera county lost paid Kes280 million to ghost workers and camel herders. The
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G-Five: An AI-powered recruitment game-changer
Ethiopia-based online recruitment firm G-Five by Gebeya has established an AI-powered platform to connect highly skilled, certified, and multilingual African talent with global companies. Gebeya Inc. is a Pan-African Freelance Talent Marketplace that aims to be a proactive contributor to Africa’s digital transformation and to foster a thriving Africa by leveraging continental and global job opportunities for African talent. The AI-powered recruitment platform will assist global companies in saving time and money while gaining access to the top tech talent in Africa for just $50 (Kes7,500). The firm claims that the platform can reduce client time by 70 percent because the matching engine is designed
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Aga Khan University’s e-book chronicles 10 years of quality teaching
The Aga Khan University (AKU) has launched an e-book, which is a compilation of impact stories in higher education, as it celebrates its 10-year anniversary. AKU is a non-profit institution and a unit of the Aga Khan Development Network. Over the past decade, AKU has transformed the landscape of higher education at the university and in the communities they serve. The e-book, titled “Transforming Teaching & Learning in Higher Education: Stories of Impact from the Aga Khan University,” was co-broadcast with Advance HE in the UK. It includes retrospective stories from faculty and academic staff who illustrate the transformative power of education and the AKU’s
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Bamburi Cement feted for women empowerment
Bamburi Cement has been recognized as the leading firm in advancing the Women’s Economic Empowerment agenda in East Africa. This accolade was bestowed upon the company during the 11th Africa Gender Mainstreaming Awards 2023, an annual event held in Nairobi. Bamburi’s ascent to this esteemed position can be attributed to its support for ten women-owned organizations involved in recycling scrap tires and rice husks in Kenya. Together, these organizations collected and provided over 25,000 tonnes of waste, which was co-processed in Bamburi’s kilns to generate renewable energy. This effort not only produced sustainable energy but also diverted waste that would have otherwise ended up in
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KCB’s elite cards target high net-worth customers
Lender KCB has intensified its campaign to attract high net-worth customers with the launch of the World Elite Exclusive Credit Card. In partnership with payment services giant Mastercard, KCB announces that the new offering will provide customers with a range of market-exclusive benefits, privileges, and experiences. The cards will be available in two categories: World Elite KES Credit, tailored for high-net-worth individuals who prefer transactions in Kenyan Shillings, and World Elite USD Credit, designed for those engaging in frequent international transactions in US Dollars. Furthermore, the bank has introduced the World Debit card, which will offer exclusive benefits and privileges, ensuring personalized and tailored banking
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Absa’s Wezesha Stock offers SMEs up to Sh10 million in loans
Absa Bank Kenya has introduced a new digital platform dubbed “Wezesha Stock” aimed at optimizing inventory management and trade for small and medium enterprises (SMEs). Under Wezesha Stock, the lender will be providing automated loans of between Kes100,000 and Kes10 million to businesses dealing in Fast Moving Consumer Goods, agro-processing, oil marketing, and agrochemicals business segments. Wezesha Stock, which will be operating in real-time, is set to revolutionize stock financing for retailers while at the same time catering to their financing needs. Additionally, Absa says it will enable the seamless onboarding of retailers, efficient stock order management, and use data analytics to facilitate unsecured stock
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Kitui to digitize services using myCounty App
Kitui has become the second county in the Eastern region after Makueni to launch the digitisation of its services through Safaricom-backed myCounty App platform. The platform will provide a range of services, including payment options for county services, revenue management systems, a citizen reporting and engagement tool, as well as solutions pertaining to agriculture, health, utility bills, and SME programs. Presently, myCounty app has seen over 400,000 users actively accessing county services across 11 onboarded counties. These counties include Nairobi, Makueni, Kitui, Busia, Samburu, Bomet, Narok, Kilifi, Uasin Gishu, Kajiado, and Elgeyo Marakwet. “Our vision is to enable counties to offer one-stop shop for their services and more
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Six Immigration employees arrested over passport fraud
Six Department of Immigration Services employees, including an intern, as well as nine suspected brokers around the city centre have been arrested for their involvement in the corruption scandal surrounding passport issuance at Nyayo House, Nairobi. According to the DCI, the public and foreigners seeking passports and work permits were coerced into paying hefty bribes to access essential services. The rogue employees were exploiting a temporary system glitch at Nyayo House to line their pockets. They even deployed brokers around Nyayo House to lure desperate applicants and those with influence into securing special treatment. After investigation and profiling of suspects, detectives raided the Department of
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Tuesday’s NSE Equity market up 263 percent to Sh228 million
Equity market activity at the Nairobi Securities Exchange (NSE) saw a 263.16 percent surge in Tuesday trading closing at Kes227.59 million from Kes62.67 million on Monday, indicative of renewed investor interest in the NSE. However, despite the boost in trading activity, the benchmark indices experienced a downward trajectory. The NASI dipped by 0.16 percent, the NSE 10 declined by 0.70 percent, and the NSE 20 slipped by 0.41 percent, concluding at Kes95.39, Kes946.95, and Kes1505.47, respectively. These figures contributed to a year-to-date performance of (25.17) percent for NASI and (10.18) percent for NSE 20. Additionally, foreign investors registered net outflows of Kes76.62 million, an increase
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