Author: Kaluka wanjala

LG has announced its financial results for the first quarter of 2023, posting a Kes 153 billion profit and Kes 2.08 trillion in total revenue, which is the second-highest first-quarter revenue in the company’s history. These figures are attributed to improved business structure and operational efficiency despite the profitability being impacted by challenging global economic conditions. The LG Home Appliance & Air Solution business unit recorded the highest revenues of Kes.819.04 billion, with an operating profit of Kes 104.17 billion. This unit recorded its highest first-quarter revenues, with operating profit exceeding Kes 102.12 billion in sales for the first time.…

Safaricom has announced the signing of an MOU with the County Government of Elgeyo Marakwet to digitize the county’s operations through the myCounty App. The initiative is part of Safaricom’s wider technology initiative to help all 47 counties in the country digitize their services and operations through a single, citizen access channel. This announcement comes a week after Makueni integrated myCounty. myCounty App is a digital platform that enables all 47 counties in Kenya to digitize their services in one place, providing a single, citizen access channel. In March, the telco signed an MOU with the County Government of Nairobi…

The Central Bank of Kenya (CBK) has announced the launch of the Kenya Quick Response Code Standard 2023 (KE-QR Code Standard 2023) to guide Payment Service Providers and banks on the issuance of Quick Response (QR) Codes for digital payments. The implementation of the Standard is expected to increase the adoption of digital payments, which will bring practical benefits to businesses and customers. This is a long overdue implementation and I am glad to se it finally happening. It is also good to see the CBK spearheading its implementation. QR Codes are a machine-readable code that consists of an array…

TECNO has announced the unveiling of its new material technology called “Magic Skin.” This technology will be used on the body of TECNO’s phones, including the CAMON, SPARK, and POP series. Magic Skin is one of TECNO’s significant milestones in 2023. This innovative technology not only offers a premium texture but also delivers unparalleled functional benefits. Magic Skin is a unique blend of polymers and micro-particles that create a skin-friendly, stylish, and easy-to-clean coating. The incorporation of this technology in TECNO devices transcends the boundaries of practicality and aestheticism, ushering in a new era of elevated functionality and visual allure.…

Huawei Technologies has launched a new cyber security service in Kenya, aimed at addressing the increasing cyber security risks associated with emerging technologies such as cloud storage solutions and artificial intelligence systems. The service, known as Ransomware Protection 2.0, is designed to help both private and public sector organizations in Kenya protect their systems against cyber attacks, particularly ransomware attacks which have increased dramatically in recent years. Huawei Kenya CEO Gao Fei highlighted the importance of maintaining a secure ICT environment to benefit from the expansionary economic impact of ICT. The rapid growth of the ICT sector has brought explosive…

Infinix is all set to launch its Note 30 series. The three new models of the series have been listed on Google Play Console according to myfixguide. The Note 30 series comprises the Note 30 Pro, Note 30 VIP, and Note 30 5G. The Infinix Note 30 will be the successor to the Infinix Note 12 series from last year. The company recently launched the Infinix Hot 30 series in Kenya and now it is planning to launch the Note 30. Starting with the Note 30 Pro, it comes with a single punch-hole display that supports Full-HD+ resolution (1080*2400p) and…

The smartphone industry continues to face significant challenges, as a preliminary report from the International Data Corporation (IDC) indicates that worldwide smartphone shipments have declined by 14.6% year-over-year to 268.6 million units in the first quarter of 2023. This marks the seventh consecutive quarter of decline, as the industry struggles with low demand, inflation, and macroeconomic uncertainties. While the decline is more significant than the 12.7% IDC had previously predicted, the results are not surprising given the elevated inventory across regions. Inventory has remained high across regions, but it is in significantly better shape compared to six months ago, thanks…

Realme has today announced the launch of the realme C55 in Kenya. This is the latest in the company’s growing C series an is available starting from Ksh 24,899 for the 8GB RAM variant with 256GB of storage. There is a 6GB variant with 64 or 128GB of storage that you can get for less that this. The C55 takes over from the realme C33 that we have had in Kenya since late last year. It is not its direct successor but given that they are in the same series, it plays the part well. realme C55 Specifications The realme…

OPPO has announced the opening of its biggest Service Centre in Nairobi, Kenya. The new OPPO Service Center will offer customers access to product service, repairs, and user guides on OPPO’s broad range of audio, mobile, and computing products. With the new OPPO Service Center, customers will get to experience one-on-one consultations with OPPO’s technicians on their repairs, reducing phone repair wait time to under an hour with genuine OPPO spare parts and warranties. The Service Center will also let consumers to experience one-on-one interaction with various phone models of OPPO’s product line that cater to a wide variety of…

As Kenyans still face tough economic times, Equity Bank has made a bizarre move to introduce fees for transaction confirmation alerts sent via SMS. According to a notice sent to its more than 10 million customers, a standard SMS charge of KES 2.26 will be applicable for every mobile and online transaction confirmation alert, effective from 24th April 2023. This new fee is expected to boost the bank’s non-interest income, as it follows the introduction of an annual debit card fee of KES 240 last year. Charging for SMS alerts is ridiculous no matter how you look at it. The…