Author: Kaluka wanjala

kCB Group has announced the acquisition of Trust Merchant Bank (TMB) based in the Democratic Republic of Congo (DRC). The bank has received the required regulatory approvals to go ahead with the acquisition. The regulatory approvals KCB has received are from Kenya, the Democratic Republic of Congo and the COMESA Competition Commission. KCB has also revealed that it now owns 85% in the DRC based lender. TMB is one of DRC’s largest banks, with over 109 branches and US$1.7 billion in total assets and a strong offering in Retail, SME, Corporate and Digital banking channels.   KCB says that the acquisition…

Equipping the youth with the on-demand digital skills is key important in this ever changing world. These skills can make them competitive in the ever changing world where demand for such skills keep rising. To ensure more youths have the chance of improving their digital skills, Huawei in partnership with Close the Gap have opened the first mobile computer lab in Kenya. The mobile computer lab’s aim is to scale up its activity across the country with half of its beneficiaries expected to be girls and women. The facility known as DigiTruck has been built by Huawei in partnership with…

Demand for entry level smartphones has begun to rise in Kenya as young consumers go for devices that offer large storage, high speed internet, fast processor and quality camera output at a lower cost. The burgeoning youthful customers-currently constituting the highest population of first-time mobile users are driving this demand. In an increasingly interconnected world, their is heavy usage of internet enabled phones by youths beyond just communication. Tech savvy young consumers are now than ever using smartphones to shop, play games, organise events and meetings as well as a virtual classrooms. “As a result, we are seeing a surge…

The first-ever Christmas feature film in Kenya, A Familiar Christmas follows the Moran family as they reunite to spend a Christmas holiday together for the first time in three years. Their plans for a loving holiday are disrupted when secrets and a meddling mother wreak havoc in the household.  The film stars Pascal Tokodi (Selina, Disconnect), Elani member Maureen Kunga who makes her acting debut, Alice Mbeyu (Zora), Dennis Musyoka (Maria, Crime and Justice), Keith Chuaga (Igiza, Ayaanle), Charles Agengo (Selina) and Ugandan Ruth Kamanzi (Sanyu), Ann Muli (The Good Child) and newcomer Hannah Wanjiku.  A Familiar Christmas is written…

When it comes to buying a new laptop, there are several factors that you should consider in order to make the right choice. Here are some of the key things to think about before making your purchase. Purpose The first thing to consider when buying a new laptop is what you plan to use it for. Are you a student who needs a laptop for taking notes and writing papers, or are you a business professional who needs a powerful machine for running complex software and working on the go? Knowing your intended use for the laptop will help you…

Visa has pledged to invest $1 billion in Africa over the next 5 years. The company says this investment will help enable greater access to digital payments as an entry point for expanding formal financial services for individuals and merchants. Visa Chairman and CEO Alfred F. Kelly, Jr.  outlined the pledge during the US-Africa Business Forum, alongside the US-Africa Leaders Summit in Washington, DC.  Through this, Visa will be able to scale its African operations and deepen collaboration with strategic partners including governments, financial institutions, mobile network operators, fintechs and merchants. The investments will also focus on strengthening the payment…

Glovo is making changes to executive team in Kenya and has appointed Caroline Mutuku to be the General Manager for Kenya. The company has announced this today. Mutuku has years of experience in different fields and before this appointment she was the General Manager of Intracity Kenya, the company behind SWVL. She held this position for 8 months. Her other positions include a 6 years at McKinsey & Co where she was a management consultant focusing on developing strategies facilitating execution and building digital capabilities for banks and financial regulators in Africa. Caroline has also worked for the banking sector…

LG Electronics has become the first company to unveil an ultra gear gaming monitor with the world’s first 240hz OLED panel. The panel is among LGs latest lineup of premium UltraGear™ OLED gaming monitors (models 27GR95QE and 45GR95QE) to be exhibited at the CES 2023 beginning next month. Speaking while announcing the new product, LG Electronics senior vice president and head of the IT business unit of LG Electronics Business Solutions Company Seo Young-Jae said, “ Featuring our industry-leading display technologies, these purpose-built monitors boast the speed needed for competitive gaming as well as picture quality that makes everything look and feel…

Over the last few months, we have seen a number of projects by Open AI. The latest one is ChatGPT-3 that has really impressed the tech world on what it can do.GPT-3, short for Generative Pretrained Transformer 3, is an advanced language model that uses deep learning algorithms to generate text that can be indistinguishable from human-generated content. On the other hand, chatGPT is a variant of GPT-3 that is specifically designed for generating conversational text. With ChatGPT, you give it any topic and let it generate the text for you. You can use it to write blog posts like…

When it comes to buying a new smartphone, there are several factors to consider in order to make sure you get the best device for your needs and budget. Here are some of the key things to keep in mind. Operating system One of the most important things to consider when buying a new smartphone is the operating system. The two main options are iOS, which is used by Apple devices, and Android, which is used by a wide range of manufacturers. Both have their own strengths and weaknesses, so it’s important to think about which one is the best…