Transforming strategies to facilitate a post-Covid-19 era that’s full of hope
Wednesday January 27 2021
By AZIM LAKHANI
While fast becoming a cliché, in a space of just nine months, the way of life of virtually the whole of humankind has changed. SARSCoV-2 respects no geographic, gender, ethnic, or religious boundaries. Dealing with it has required coordinated efforts between the government, the commercial sector, civil society, and individuals.
On behalf of the Aga Khan Development Network (AKDN), I would like to congratulate the Nation Media Group (NMG) on holding the second edition of the Kusi Ideas Festival – Towards a Post-Covid Africa, in these unprecedented times and under the most challenging of circumstances. NMG’s resilience, flexibility, and ability to adapt to the Covid-19 pandemic is reflective of the capacity of AKDN agencies, of which NMG is one, to respond to crises beyond immediate interventions.
THE STANDARD By
Frankline Sunday |
January 24th 2021 at 09:54:24 GMT +0300
The Nairobi Securities Exchange electronic trading screen (PHOTO: FILE)
Investment firm Kestrel Capital East Africa is shutting down its fund management business in a move that will see one of the most prolific names at the Nairobi Securities Exchange bow out.
In a Kenya Gazette notice on Friday, the Capital Markets Authority (CMA) said Kestrel Capital had notified it of the decision that would take effect on February 8 unless any objections are raised.
“It is notified for general information that the licensee appearing in the schedule hereinafter have notified the Capital Markets Authority of their intention to cease operation of their investment bank activities and the authority has accepted the request for revocation of their license,” said the notice dated December 23, 2020.
Mobile money overpowers card payments in Kenya thepaypers.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thepaypers.com Daily Mail and Mail on Sunday newspapers.
The East African
Tuesday January 19 2021
An ATM booth. Most customers in Kenya opted to use mobile money over debit or credit cards in the wake of the pandemic. PHOTO | FILE | NMG
Summary
Customers stopped using debit, credit and prepaid charge cards in favour of mobile money payment platforms such as M-Pesa, whose transactions of up to $9.17 were free.
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Top banks in Kenya have raised a red flag over an expected significant drop in net earnings for the year 2020.
They cite deteriorating economic conditions and the Covid-19 containment measures, which have seen the entire banking industry lose over Ksh1.2 billion ($11 million) worth of revenues from card payments to telcos mobile payment platforms in nine months.
Kennedy Osano: The Women Who Built Me
Friday January 15 2021
Kennedy Lanaya Osano, Group Head of Treasury at Avil Shield Group at his residence in Nairobi on January 13, 2021. PHOTO | DIANA NGILA | NMG
By JACKSON BIKO
Summary
On January 5, 2009, I stepped inside Diamond Trust Bank as a messenger with big dreams. Eleven years later, he is the Group Head of Treasury at Anvil Shield Group. He says he succeeded because someone cared.
“On January 5, 2009, I stepped inside Diamond Trust Bank as a messenger with big dreams, wrote Kennedy Lanaya Osano in a recent LinkedIn post. I had a mop, a bucket, and very stubborn ambitions.”