Smart Times

Development bank of Kenya chairman, Ndungu Githinji (L) , Chief Executive Officer and Managing director Johnson Kiniti (R) and Mombasa County Executive committee member for Finance and economics Evans Owanda (C) during DBK Mombasa branch opening  NAIROBI, Kenya Sep 29... The strategic move aligns with the bank's strategy to enhance their customers base and further solidify the banks presence in the ever growing Kenyan banking sector Mombasa county government executive committee member for finance and economics Mr Evans Owanda , Mr Ndungu Githinji who serves as Chairman Development bank of Kenya as well as bank's top management personnel are among Officials who graced the opening ceremony  "The opening of this branch in Mombasa county marks another significant stride in our strategic expansion across the country with our unwavering commitment to serve our customers and fulfilling their diverse needs"  said mr Ndungu Githinji chairman Development Bank of Ken

NAIROBI, Kenya Sep 28... Kenya's national carrier, Kenya airways (KQ) has introduced two daily flights to London from 29th October 2023 "The airlines customers can now choose between a morning flight through KQ 100 and an evening flight through KQ 102 allowing more travel options, convenience and flexibility" reads a statement  Kenya airways has been operating its flights to London since its inception as a gateway to United Kingdom (UK) for business travel, leasure travel , trade and education  In addition KQ will deploy the Boeng dreamliner B787 on the route bringing the total flights per week to 14 up from 10 flights  "The additional weekly flights will cater to increase market demand for the route and growing passenger demand" the statement reads further

Principal secretary, State department of Interior and security Raymond omollo NAIROBI, Kenya Sep28... The plan encompasses an array of transformative interventions designed to elevate every section of the society with citizens and communities at the lowest level of the social ladder  "We have set about cementing the position of National government Administrative officers  (NGOs) as the driving force behind these strategic interventions and save an environment where every single mwananchi will not only thrive but also contribute meaningful to our collective prosperity" read a statement  In addition the government has conducted a re-orientation programme for the officers with the intend to infuse a lead by example mindset across the structure and ensure  effective, efficient and responsive services at all levels  "To kickstart the process we have launched a training for thirty trainers of trainers (TOTs) who will be taken through organisation and functions of g

During the contract  signing ceremony  between the two recycling partners  NAIROBI, Kenya Sep 27... The partnership brings together two recyclers of liquid board packaging Ramani warehouse limited based in Thika and Ecotech limited in Nairobi where collectors can sell recovered used beverage cartons The project targets to recover 1, 500 metric tones of used beverage cartons which accounts for 30 percent of the produced liquid board packaging in the country  "In alignment with Extended Producer Responsibility (EPR) regulations and waste management act we are taking a lead role in supporting the collection and recycling value chain , we are working closely with our recyclers and together with PAKPRO to create consumer awareness and increase recycling volume" Tetra pak East Africa managing director Jonathan Kinisu said  The initiative will kick start in Nairobi, Kiambu, Nakuru and Kajiado counties respectively and will involve providing capacity building to collector

Data commissioner Immaculate kassait during a three-day training program for office of data protection staff NAIROBI, Kenya Sep 26... Mulla pride limited a digital credit provider (DCP) which operates Kecredit and faircash mobile lending apps was the first data controller that received a penalty of KES 2, 975, 000 It was found culpable of using names and contact Information of the complainants which were obtained from third parties and subsequently used to send threatening messages and phone calls  In addition Casa vera lounge a resraurant based along Ngong road was fine 1, 850, 000 for posting a reveler image on their social media platform without the data subjects consent  Roma school an educational institution bases in uthiru has been fined KES 4,550,  000 for posting minor's picture without parental consent  "These penalty notices have been issued to section 62 and 63 of Data protection act 2019 and regulation 20 and 21 of the data protection ( Complaints handl

NAIROBI, Kenya Sep 25... Family bank has set aside 50 billion on program dubbed 'queen Banking' kitty for the next two years to cater for diverse individual and business needs of women to promote women's economic empowernment and deepen financial inclusion in the country The product is exclusive to businesses with at least 51 percent of shares controlled by women or 100 percent owned by women , businesses where women constitute of 30 percent of the board or more than 25 percent of senior management  " We are of the partnership we have fostered with family bank since 2015 and today's launch of their new women banking proposition is supported by our capacity development initiative under the affirmative finance action for women in Africa (AFAWA) program" African Guarantee fund Group CEO Jules Ngankam said Subsequently women can access up to KES 7 million secured and unsecured loans through Biashara boast , unsecured lending of up to 2.5 million , unse

         During the launch of Electric vehicles           comprehensive insurance cover  NAIROBI, Kenya Sep 23... As electric vehicles gain momentum in the country's automotive landscape , GA insurance Kenya has launched first ever comprehensive insurance cover tailored exclusively for electric vehicles (EVs) in Kenya  The growing adoption in the country has seen steady rise with remarkable 108 percent increase in Electric vehicle sales during 2022-2023 financial year  Battery cover, charging cable cover, cover for private charging station,  Out of charge recovery benefit, Autonomous driving cover, cyber attack coverage In-car entertainment unit and satellite Navigation systems cover are key features and benefits of GA ECO drive insurance cover  Mr.Sandip Bhadury , GA insurance Kenya limited CEO while speaking during the launch said that GA Eco drive cover is specialized insurance policy specifically targeted to cover unique risks faced by the e-mobility segment and bus