It’s a new dawn for the community of over 400 learners in Nairobi, who can now dream of a future where their aspirations in education can yield fruits for generations to come #NdotoZetuUwezoWetubit.ly/2RGJk5x
The school has benefited from two projects; a science laboratory and a 16-door ablution block that cumulatively received about KES5.5 million from @SafaricomFDN under #NdotoZetuUwezoWetu initiative
This year we have set aside KES100 million which is three times the amount we invested when we first launched Ndoto Zetu - @SafaricomPLC CEO Peter Ndegwa #NdotoZetuUwezoWetu
We hope to impact and transform many lives as we continue to support the country bounce back from the COVID-19 pandemic - @SafaricomPLC CEO Peter Ndegwa #NdotoZetuUwezoWetu
Applicants from across Kenya can lodge their proposals through @SafaricomFDN website or by visiting any of the telco giant’s retail shops countrywide to fill in an application form #NdotoZetuUwezoWetu
News of @SafaricomPLC entry into Ethiopia telcom market sent its share price rallying to a record average of Kes41.75 increasing shareholder paper wealth by Sh90.1 billion in a day on Monday, May 25 bit.ly/3yB1Uwy
At Kes.1.67 trillion, the value of @SafaricomPLC counter hit 62 per cent of the Nairobi Securities Exchange (NSE), effectively pinning the fortunes of Kenya’s capital market to the success of the telco giant. @NSE_PLC
The NSE has 65 counters across different sectors of the economy whose total combined capitalisation is Sh1 trillion @NSE_PLC
“We have fortified and strengthened the breath and depth of our management, aligning it to strategy and execution, creating a two tier team” ~ Equity Group CEO James Mwangi #Equity2021Q1Results
“ We could improve in the areas of credit management but our overall strategy has enabled us to jump faster than expected” ~ @KeEquityBank CEO Dr James Mwangi
“Non Funded Income has gone up by 30% to KES 10.7 B , up from KES 8.3 B during a similar period last year, this means that we have bounced back to our pre-covid days” ~ @KeEquityBank CEO Dr James Mwangi.
NCBA Group posts a remarkable 75 per cent growth in earnings with its quarterly profit to March 2021 rising to Kes.2.8 billion from Kes.1.6 billion last year on the back of improved interest income and a lower cost base @NCBABankKenya
NCBA total operating income has risen to Kes.11.8 billion from Kes.10.9 billion on the back of a 20 per cent rise to net interest income to Kes.6.6 billion which helped offset a 3.7 per cent decline in non funded income to Kes.5.2 billion. @NCBABankKenya
Total operating expenses for the bank have meanwhile shrunk by six per cent to Kes.7.8 billion on the back of low provisions for expected bad loans with the provisions falling to Kes.2.6 billion from Kes.3.8 billion last year @NCBABankKenya
@SafaricomPLC CEO Peter Ndegwa says there's real commitment from Ethiopia to facilitate new licensees to operate #TwendeTukiuke
As soon as we are allowed we'll replicate the success we have had in mobile money services business in Kenya and other parts of the world. Ethiopia has allowed new licensees to operate mobile money within a year - @SafaricomPLC CEO Peter Ndegwa #TwendeTukiuke
The focus now is setting up a reliable telecom infrastructure. We'll work with regulators to evolve the regulations - @SafaricomPLC CEO Peter Ndegwa #TwendeTukiuke
Low cost carrier @FlyJambojet is today offering a sneak peak into its brand new ‘De Havilland Dash 8 Q400 FSI Flight stimulator’ , a first of its kind in the East African Region ... (Thread)
The FSI flight stimulator will be crucial for pilot training within Kenya 🇰🇪 and will essentially slash travel cost for @FlyJambojet pilots who would normally fly all the way to Canada 🇨🇦 to receive the exact same training.
“The simulator has been in use since June 2020 and has enabled us to save atleast 10% of its total expenses” ~@FlyJambojet MD
The Capital Markets Authority has admitted KOA Save Africa Ltd and Moneto Ventures Ltd to the Regulatory Sandbox. The two firms will test their innovations in a live capital market environment, in compliance with the CMA Regulatory Sandbox Policy Guidance Notes @CMAKenya
The move is in line with the commitment to develop and deepen the capital markets by facilitating the deployment of financial technology (fintech).
KOA Save Africa will test KOA App, an innovation that seeks to help retail investors to easily, conveniently, and affordably, save and invest in the capital markets.