Smart Times

During the signing of privatisation bill in State House, Kisumu NAIROBI, Kenya Oct 9... The ceremony which took place at State House , Kisumu was witnessed by Deputy president Rigathi Gachagua and National assembly speaker Moses Wetangula The Bill removes the bureucracy in the privatisation of Non-strategic or loss making Government entities  While encouraging more particiation of the private sector in the economy by shifting the production and delivery of products and services to the public sector In the new move privatisation will be done through initial public offering of shares , sale of shares by public tender , sale resulting from excessive of pre-empitive rights or through any other method that will be defined by the cabinet  Subsequently the bill provides that the proceeds from the sale of a direct national government shareholding shall be paid into the consolidated bank 

NAIROBI, Kenya Oct 9... Kenya power security team has arrested transfomer vandalis within Muranga county, James nganga muiruri at his home at Karugia area within saba saba Vincent Gatoto ndumia was arrested at keria village near Mitarakwa factory within muranga county while attempting to vandalise  a 100KVA transfomer  Kenya power's Ag. Security services Manager Maj. paul Nyaga (Rtd) lauded support that the company has received from the national security institutions in fighting vandalism and theft of electricity and warned members of public againts engaging in illegal activities on electricity network "I want to thank the DCI and NGAO officers for the swift action during the operations that we carried out surveillance on the Network to weed out all illegal activities that not only endager the lives o the vandals but also pose danger of loss of lives to members if the public" said Maj. Nyaga Subsequently upon search at their homes they were found in possesion

Regional Airport manager Overseeing Wilson and Northern region Airports , Joseph Okumu presenting the award trophy to Kenya Airports Authority (KAA) AG , MD HenryOgoye NAIROBI, Kenya Oct 6...Wilson airport outshine its competitors including Kimberly Airport in South Africa,Kumasi Airport in Ghana and Uyo Airport in Nigeria in the brand category  Organized by Aviators Africa, The tower awards celebrate and recognize outstanding achievements and sustainability within the African Aviation sector  The award ceremony took place on 29th September 2023 , coinceding with the African Aviation sustainability conference (AASC) in Johannesburg, South Africa  "We extend our heartfelt gratitude to our dedicated team , partners and all contributors to this remarkable achievement" reads a statement by KAA on their Facebook page

Zamara Group Chief Executive Officer Sundeep Raichura addressing journalists during the African social security conference   NAIROBI, Kenya Oct 5... The financial service firm has called on stakeholders in social security to be more innovative and inclusive to enhance and deepen social security in the region While addressing the Africa social security conference that brought together over 150 thought leaders and experts on social security from across the continent Sundeep Raichura CEO Zamara Group reiterated the importance of exploring new models of financing and risk sharing that can withstand the shocks of an unpredictable world  "Governments, businesses, Civil society and international patners must work together in coodinated effort to build resilient social security systems" said Raichura Cabinet secretary for labour and social protection , Florence Bore who opened the event said social security systems has played a key role in societies since times of immemor

AA Kenya Chief Executive Officer Francis Theuri  NAIROBI, Kenya Oct 5... AA Kenya PLC has announced restricted public offer (RPO) seeking to raise capital from its shareholders dedicated to funding AA Kenya's strategic initiatives  The announcement follows an approval from the capital markets Authority for the company to raise capital from its members   AA Kenya Chief Executive Officer Francis Theuri said the approval I a remarkable milestone for AA Kenya and a big win that would enable AA enhance its services to its members and community  In addition the offer is scheduled to run from 11th October 2023 to 27th November 2023 as the company redefine its strategic plan for 2022-2026 with key focus on diversification, expansion and global allignmemt to Federation international de I'automobile (FIA) standards  Subsequently AA joined the Nairobi securities Exchange (NSE) Ibuka acceleration program positioning the organisation to be an investor ready through various capit

A photo of Netflix logo displaying on a screen  NAIROBI, Kenya Oct 3... The popular streaming platform has been offering free subscription plan in the country for 2 years  which came to effect in December 2021 Kenya has been the only only country with free plan as the company states that it will come into effect in 1st November 2023  Users who want to countinue consuming various contents from the platform will have to upgrade to various Netflix packages  "Those who wish not to upgrade for it will not have to cancel as the system will automatically cancel the free plan as slated date to take effect will have it done so" reads a statement  End of free netflix plan in the country clearly states that users will have to part with a certain fee to access the services of the popular streming platform  "Starting from a fee of KSH 200 per month, you can unlock all show an movies , more features and the option to watch on a smartphone, TV or laptop " statement rea

l'Oreal Dermatological beauty East Africa General manager, Edouard Homasson, Dr winnie Njenga-winner of La Roche-posay research grant and L'Oreal  East Africa managing director Yassine Bakkari during the award ceremony  NAIROBI, Kenya Oct 3... La Roche-posay a global research grant initiative announces Dr Winnie njenga, a dermatologist at Kiambu level 5 Hospital as first winner of research grants with her project 'The quality of life in children , teenegers and adults diognised with eczema in Kenya'  Dr.Njenga will receive a grant of KSH 4 million to carry out their research together with membership to the French chamber of commerce "We are proud that this year's winner is a kenyan doctor who also happen to be the first African to win the grant to further research project which shows immernse potential for improving the lives of dermatological patients in kenya" L'Oreal East Africa managing director Yassine Bakkari said  In 2023 hundreds of