Author: Brand Spot

In a significant development for Kenya’s banking sector, the KCB Group Plc Board has elected FCS Dr. Joseph Kinyua, EGH, as the new Chairman of the Group Board, effective from May 26, 2023. This decision comes after Dr. Kinyua’s appointment to the Board of KCB Group in March 2023. He will be taking over the position of Group Chairman from Mr. Andrew Wambari Kairu, who is retiring after serving as Group Chairman for a five-year term in accordance with the Board Charter. Dr. Joseph Kinyua brings with him an impressive career spanning over four decades in public service, boasting extensive…

In a significant development for KCB Group Plc, shareholders have approved a final dividend payout of KShs. 3.2 billion for the 2022 financial year, marking a sustained commitment to rewarding investors. This dividend, coupled with the interim dividend declared at the end of last year, brings the total payout for the year to an impressive KShs. 6.4 billion. The approval of the dividend payment reflects the Group’s robust financial performance, with a notable 20% rise in profits net of all expenses, provisions, and taxes to KShs. 40.8 billion. KCB Group has pursued an ambitious investment strategy aimed at achieving long-term…

MFS Africa has emerged as the recipient of the coveted Fintech of the Year award at the prestigious African Banker Awards ceremony held yesterday, in Sharm El Sheikh, Egypt. This remarkable achievement highlights the company’s exceptional role in revolutionizing the fintech industry across Africa and beyond, particularly through its innovative payment solutions that bridge the gap between nations for millions of Africans. The Fintech of the Year accolade serves as a testament to MFS Africa’s unwavering commitment to reshaping the financial landscape of Africa. The company’s network of networks effectively connects mobile money providers, banks, fintech firms, money transfer operators,…

Tyme, the rapidly growing digital banking group, has announced a successful capital raise of $77.8 million from investors Norrsken22 and Blue Earth Capital. This pre-Series C funding round will fuel the company’s global expansion efforts. TymeBank, the South African flagship of Tyme, recently achieved a significant milestone by reaching 7 million customers. Norrsken22, an African-focused tech growth fund, and Blue Earth Capital, an independent global impact investment firm, have joined Tyme as shareholders in this funding round. Tencent, an existing shareholder, has also increased its shareholding and now stands as Tyme’s third largest shareholder. The raised funds will be allocated…

Instagram recently organized an engaging event called “Drip in the City” in collaboration with the Nairobi City County’s Nairobi Festival. This vibrant event took place this past weekend, on Nairobi’s City Hall Way, bringing together young people passionate about fashion and street photography. The event aimed to provide a content capture experience, fostering creativity, community, and self-expression among the youth of Nairobi. With Instagram’s presence, the event encouraged young Kenyans to showcase their authentic selves through various Instagram features such as Reels, Stories, Feed, Live, and more. “Nairobi streets on Sundays dotted with smartly dressed young people and photographers taking…

When trading the forex market, having the right tools and strategies is crucial for success. MT4 is a widely acclaimed trading platform with powerful features and capabilities to enhance your trading experience. In this article, we will explore five essential tips for successful trading Foreign Exchange with MT4. Tip 1 – Master the Basics of MT4 To maximise your trading potential, it is essential to master the basics of MetaTrader 4. Here is what you need to know: Tip 2 – Use Technical Analysis Tools Technical analysis is a vital component of Forex trading. Here is how to leverage MetaTrader…

Research based on the analysis of incidents reported to customers of Kaspersky Managed Detection and Response (MDR) has revealed that Security Operations Center (SOC) analysts discovered more than three high-severity incidents with direct human involvement every day in 2022. The efficiency external specialists provided while dealing with cybersecurity solutions and requirements of special knowledges were the main reasons for the companies to outsource external experts in 2022. To address the lack of gaps in expertise among IT Security professionals and provide them with insights on the current threat landscape, Kaspersky analysed anonymised customer incidents detected by its MDR service. Kaspersky’s annual Managed Detection…

The M-PESA Foundation Academy is celebrating the graduation of its first cohort of learners from the International Baccalaureate Diploma Programme (IBDP). The Academy, committed to fostering holistic development and leadership skills, introduced the IBDP in 2020. With an emphasis on preparing students for tertiary education and beyond, this milestone marks a significant achievement for both the Academy and the graduating students. Following their graduation, the 40 learners will embark on the next phase of their educational journey at the M-PESA Foundation Academy’s Uongozi Centre. From June to December this year, the graduates will participate in programs designed to equip them…

Africa Data Centres has announced its plans to commence construction on a new facility in Accra, Ghana. This strategic move marks a significant milestone in Africa Data Centres’ mission to bridge the digital divide and foster sustainable economic growth across the continent. The state-of-the-art data centre, located in the Central Business District, is set to become the largest facility in West Africa, outside of Nigeria. This blog post delves into the details of this expansion and its potential impact on Ghana’s digital economy. Data centres serve as the backbone of digitally-driven economic development worldwide, and their importance cannot be overstated.…

The highly anticipated reality series, The Real Housewives of Nairobi, has reached its final episode after 12 weeks of captivating drama, fashion, and friendships. The show has taken viewers on a thrilling rollercoaster ride, breaking streaming records and dominating both Showmax charts and Twitter trends since its premiere in February 2023. As we bid farewell to the Nairobi housewives, let’s take a moment to reflect on the memorable moments, deep connections, and personal growth we witnessed throughout the season. Unforgettable Personalities and Promises Kept The six housewives of Nairobi have delivered on their promises, showcasing their unique personalities and captivating…