“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

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

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

Biovision and SHONA Announce Cohort 2 Intake of the Neycha Accelerator & Fund to Advance Agroecological Enterprises in Kenya and Uganda

The Neycha Accelerator & Fund, a joint initiative by the Biovision Foundation, SHONA, and SHONA Capital supporting agroecological enterprises (AEEs) in Kenya and Uganda, has announced that applications are now open for the second cohort of the program. Launched in 2023, Neycha provides capacity building, capital, and connections to help growth-oriented AEEs scale their impact and transition food systems towards agroecology. “Being part of the Neycha program is transformational for our business,” said Geoffrey Okoth Yoga, Founder & COO of Papoli Farmers’ Limited, a cohort 1 participant from Uganda. “The training and mentorship so far are helping us strengthen our … Continue reading Biovision and SHONA Announce Cohort 2 Intake of the Neycha Accelerator & Fund to Advance Agroecological Enterprises in Kenya and Uganda

Absa Bank Kenya, EABL unveil joint sponsorship for three local pros at the 2024 Magical Kenya Open

Absa Bank Kenya PLC and EABL have announced a KES 1.4 million sponsorship kitty towards incentivizing Team Kenya at this year’s Magical Kenya Open (MKO). The sponsorship will see professional golfers Daniel Nduva, Samuel Njoroge, and Dismas Indiza benefit from … Continue reading Absa Bank Kenya, EABL unveil joint sponsorship for three local pros at the 2024 Magical Kenya Open

Ease your Back-to-School experience this January with Absa

As the back-to-school season comes, parents are preparing for the excitement and challenges of getting their children ready for another term of learning. This time of the year generally brings a long list of obligations, from acquiring uniforms and textbooks to settling tuition fees. The financial strain can be overwhelming. Fortunately, Absa Bank is ready to lend a hand with its Buy Now Lipa Pole Pole (BNPL) credit card option, which provides a quick and flexible alternative for parents. The innovative and user-friendly card allows parents to spread the cost of back-to-school purchases and school fee payments in a structured … Continue reading Ease your Back-to-School experience this January with Absa