Month: July 2022

Joy as Centum shareholders set for 77% increase dividend payout

MaryAnne Musilo Musilo Centum Investment Company Plc shareholders are set for a KES391 million dividend payout, marking a 77% increase in dividend payout compared to the KES219 million paid in the previous year. The payout is in line with Centum’s policy of paying out 30% of its annuity income. Centum’s total investment income for the …

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Taking War against Malaria to the next level

MaryAnne Musilo, Global energy and services group Engie Energy Access and Dutch-based social enterprise PreMal, have partnered to launch a solar-powered mosquito trapping system in Kenya, a first in the largest economy in East Africa. Christened MTego, the innovative outdoor mosquito trap is designed to capture the malaria vectors without using insecticide, before they enter …

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How A City Residence Is a primed location for tycoons, politicians

A flamboyant Kiambu politician, who is in the race for the gubernatorial race from the region has been spotted at a leisure getaway Thursday in Nairobi. The politician who was spotted by our writer and wished to remain anonymous stated he was using the time off the campaign trail to cool off and think of …

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Demand for data driven decisions accelerates upgrade of IT departments

By Nemuel Ondima Four out of every five Kenyan CEOs plan to establish data hubs in their organisations within the next one year to automate decision making.A survey involving more than 50 CEOs done by Xetova, a Kenyan-founded technology company, shows that organisations plan to upgrade their IT departments to include data scientists who use …

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DP Ruto-linked Amaco Insurance Accused of Hiding Assets in Sh19 Million Debt Case

An insurance company linked to deputy President William Ruto is on the spot for allegedly concealing its assets from auctioneers. Africa Merchant Assurance Company (Amaco) is in court with an NGO, Mama Rael Memorial Foundation over a Sh19 million debt. The NGO has accused the insurer and Access Bank (formerly known as Transnational Bank Kenya …

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David Njung’e charged with smearing human waste on neighbors window in Lang’ata

A man who allegedly took his time and smeared human waste at the doors and windows of his neighbor was on Tuesday charged with creating disturbance in a manner likely to breach peace. David Njunge allegedly bangled and smeared the human waste on the door of Grace Njoki on October 4 in Langata. He was …

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