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African Media Encouraged to Leverage Digital Technologies

 At the All-Africa Media Leaders’ Summit, which was held here in Nairobi, David Omwoyo who is the current President of the Media Council of Kenya (MCK), highlighted how crucial it has become to use digital platforms in interacting with different and changing audiences. He pointed out that digital technologies have gone beyond physical boundaries because
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Kenyan Government Establishes New DCI Unit to Monitor Threats Against Bloggers

 The Kenyan government has declared creation of special team inside the Directorate of Criminal Investigations (DCI) that will focus on monitoring dangers posed towards bloggers. Kithure Kindiki, Cabinet Secretary of Interior, made this announcement highlighting the dedication by government to protect bloggers expressing different opinions on social media platforms. According to CS Kindiki, detectives from
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Google’s 2024 Hustle Academy Opens Applications with AI Integration

 Google is now accepting applications for the 2024 group of its Hustle Academy, which is a program that aims to boost the development of small and medium-sized businesses (SMBs) in Sub-Saharan Africa. Unlike previous years, there a major addition in the current year which includes AI training with a focus on blending its use in
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Old Mutual Group and KICD Launch Online Financial Literacy Program for Kenyan Teachers

 Old Mutual Group has partnered with KICD to roll out a pioneering online financial literacy program targeting junior and senior school teachers in Kenya. This is part of a bigger initiative through which to integrate financial literacy into the current Competency-Based Curriculum from pre-primary to senior school. Addressing Financial Literacy Gaps This presents a significant
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Bolt Kenya Launches “Flood Assist” Category to Aid Flood Victims

 Ride-hailing platform Bolt had inked a deal with the Kenya Red Cross in an effort to support Kenyans affected by recent floods. A new “Flood Assist” category on the Bolt app will allow riders to contribute to relief efforts, where the online taxi operator will contribute a percentage towards those affected by recent floods that
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Parliamentarians Allocate NG-CDF Funds for ICT Hub Creation

 Parliamentarians have allocated funds from the National Government Constituency Development Fund (NG-CDF) for the creation of ICT Hubs. In Kakamega, Member of Parliament for Teso South, Mary Emase, explained how legislators have partnered with the Ministry of Information, Communications and Digital Economy to build one ICT hub in each ward across the country. She added
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Absa Credit Card Holders Can Now Acquire the Latest Samsung Galaxy Foldables

 Introduction of Samsung Galaxy Foldables Absa credit card holders in Kenya can now prepare to acquire the newly launched Samsung Galaxy foldables, the Z Fold 6 and Z Flip 6, on credit. This opportunity is derived from the existing relationship between Absa Bank and Samsung, allowing Kenyans to buy Samsung devices under the Galaxy series
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Kenyan Startups Raise Over $100 Million in Three Months

 Kenyan startups raised more than Kes12.83 billion in funding across 24 deals in the quarter ended June, driven by cleantech and fintech innovations that chalked funding and number of deals in dominance against the backdrop of the global decline of venture capital flows. According to Briter Bridges, a global provider of market insights, except in
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Safaricom’s Voice Revenue Decline: Adapting to a Changing Communication Landscape

 Safaricom, the leading telecommunication firm in Kenya, has had a tremendous shift in its voice revenue model. Increased competition and growth of alternative channels of communication have been at the core of this shakeup to the legacy voice business that used to be the centrepiece of revenues for the company. In a bid to counter
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Safaricom Shareholders Approve Kes48.08 Billion Dividend Payout for FY 2024

 Safaricom shareholders have approved a final dividend payout of Kes0.65 per share, coming to Kes26.04 billion for the year ending March 31, 2024. With an interim dividend of Kes0.55 per share, or Kes22.04 billion already paid in March, this pushes the total dividend payout for the year to Kes1.20 per share, coming to Kes48.08 billion.
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