“The Real Housewives of Nairobi S1 helped my wine business grow”: Dr Catherine Masitsa

In Season 2 of The Real Housewives of Nairobi, currently streaming on Showmax, Dr Catherine Masitsa, popularly known as Dr C, is showcasing a bigger and better version of herself, and her business that she has built for 20 years. “I have lived life, changed careers, built a business, created my own table and now, I’m sitting at the head of that table and thriving,” she says. “I am done living my life with society’s expectations of me.” Your mantra this season is “bigger, brighter and better.” What does that phrase mean to you? I mean, look at me, I … Continue reading “The Real Housewives of Nairobi S1 helped my wine business grow”: Dr Catherine Masitsa

To thrive, digital transformation must take precedence in the insurance industry

By Fred Ruoro In Kenya, as in many parts of the world, the insurance sector is fundamentally revered as a   provider of financial security and stability to individuals and businesses alike. However, despite its importance, the industry has often been perceived as a slow adopter of new technologies in favour of its  traditional modus operandi. To truly expand and thrive in the post pandemic era, it is imperative that the Kenyan insurance industry embraces digital transformation and innovation in line with evolving consumer patterns. According to the 2023 Economic Survey by Kenya National Bureau of Statistics, Kenya’s insurance penetration rate … Continue reading To thrive, digital transformation must take precedence in the insurance industry

KRA Commissioner General Applauds African Countries’ Efforts in Modernizing Tax Administrations

Kenya Revenue Authority (KRA) Commissioner General Mr. Humphrey Wattanga has commended African countries for their successful efforts in modernizing tax administrations despite facing challenges such as informality, governance deficits, and illicit financial flows. Addressing the delegates during the ongoing International Bureau of Fiscal Documentation (IBFD) Africa Tax Symposium 2024 at the Safari Park Hotel in Nairobi, Mr. Wattanga highlighted that Africa’s tax future will be shaped by demographic trends, technological advancements, global economic dynamics, and evolving tax policy debates. “Key considerations include harnessing technology, strengthening governance, promoting regional cooperation, and advocating for fair global tax policies. Embracing technologies like data … Continue reading KRA Commissioner General Applauds African Countries’ Efforts in Modernizing Tax Administrations

International Burger Day: Kenya ranks #1 in Sub-Saharan Africa for the highest number of burger orders

Glovo, the world’s leading multi-category app, has released its annual report on burger consumption in Kenya in celebration of International Burger Day on 28th May 2024. According to Glovo’s latest report, burger consumption in Kenya saw a 35% increase from May 2023 to April 2024. This achievement makes Kenya the #1 country in Sub-Saharan Africa for the highest number of burger orders delivered, with Nigeria and Uganda following respectively. It also ranks Kenya #2 among all African markets in the number of customers with burger orders, just behind Morocco. In total, 34 tons of burgers were delivered, meaning Kenyans consumed … Continue reading International Burger Day: Kenya ranks #1 in Sub-Saharan Africa for the highest number of burger orders

Minet underscores its commitment to Quality Service as it retains ISO 9001:2015 Certification

Insurance and risk management solutions provider, Minet, has retained its ISO 9001:2015 certificate following a rigorous review of its processes and service offerings that adhere to international benchmarks. The recertification was received from SGS Kenya, the world’s leading inspection, verification, testing, and certification company. Making the announcement, Sammy Muthui, Minet Kenya’s Chief Executive Officer has said: “We are thrilled to achieve re-certification to the ISO 9001:2015 standard, which affirms our steadfast dedication to quality and customer-centricity. This milestone reinforces our promise to deliver unparalleled service and uphold the highest standards of excellence in everything we do.” Mr. Muthui reiterated Minet’s … Continue reading Minet underscores its commitment to Quality Service as it retains ISO 9001:2015 Certification

CIC Insurance Group records 209% growth in profit before tax to Kshs 2.5 Billion in FY 2023

CIC Insurance Group Plc is pleased to report a Profit Before Tax of Kshs 2.5 Billion for the year ended December 2023 compared to the restated Profit before tax of Kshs 823 Million recorded in 2022 representing a 209% growth. The strong performance was largely attributed to the growth in insurance revenue and improved investment income during the year.  The business maintained a growth trajectory driven by the execution of our transformational initiatives focusing on customer experience, performance management, operational efficiency, digital transformation, research and innovation, cost competitiveness and debt management among others. We are also pleased to report that … Continue reading CIC Insurance Group records 209% growth in profit before tax to Kshs 2.5 Billion in FY 2023

Harnessing Insurance to Forge Common Ground in Human-Wildlife Conflict Resolution

By Francis Maina Addressing human-wildlife conflict (HWC) has been a problem in Kenya for years and has posed a significant challenge to Kenya’s conservation efforts and socio-economic development. With an expanding population encroaching upon wildlife habitats, conflicts arise, leading to economic losses, property damage, and even loss of life. The situation is poised to get worse as climate change takes its toll and more land formerly occupied by wild animals is transformed into human settlement areas. With pastures depleted, wild animals have been known to invade private farms where elephants break into food stores adversely affecting livelihoods. Just earlier this … Continue reading Harnessing Insurance to Forge Common Ground in Human-Wildlife Conflict Resolution

CIC Group to invest in Technological Upgrades as it unveils a Digital-based Monthly Motor Cover

CIC Insurance Group Plc has today affirmed its commitment to enhance its customer service delivery capabilities by continuously investing in digital technological upgrades. Part of this investment has gone towards the launch of a digital monthly motor insurance cover dubbed “EasyBima”, where customers will seamlessly purchase or renew their motor insurance cover remotely via the CIC web portal. Speaking at the launch event, CIC Group Chief Executive Officer Patrick Nyaga underscored the importance of the digitisation drive saying it is aimed at enhancing accessibility of its products and services while ensuring business sustainability.  ‘’Digitisation is one of the focus areas … Continue reading CIC Group to invest in Technological Upgrades as it unveils a Digital-based Monthly Motor Cover

KRA partners with Kenya National Drama and Film Festival (KNDFF) to Promotes Tax Literacy and Creativity in Embu

The Kenya National Drama and Film Festival (KNDFF) has officially kicked off in Embu, with schools from across the nation showcasing thrilling talents segmented into various themes, including tax literacy. This marks the first time the festival is being held in Embu County, bringing together participating schools and colleges from all 47 counties in the country. Now in its 62nd Edition, this year’s festival is themed “Unlocking Opportunities for Socio-Economic Transformation Through Drama and Film.” The festival is not only a celebration of creativity but also a platform to promote important socio-economic topics. The Kenya Revenue Authority (KRA) has collaborated … Continue reading KRA partners with Kenya National Drama and Film Festival (KNDFF) to Promotes Tax Literacy and Creativity in Embu

Why Insurance is Crucial when Making Travel Plans

By Faith Muriungi We can all agree that travel, by its very nature, is an unpredictable adventure. While we embark on our expeditions in high spirits and with great expectations, unforeseen circumstances usually cast a shadow over even the most meticulously planned trips. Picture this, you are exploring the vibrant streets of downtown Dubai, only to find yourself with a sudden illness that requires medical attention. Without insurance, the burden of medical expenses can turn your dream vacation into a financial nightmare in a strange city and country. As you plan for your next trip, it is therefore crucial to … Continue reading Why Insurance is Crucial when Making Travel Plans