Month: November 2019

Silafrica leverages on technology to conquer Africa

Silafrica, a leading packaging company in Africa that supplies plastic packaging throughout East Africa, including Kenya, Ethiopia, Uganda and Tanzania is set to be the first African company to employ the Smart Crate technology. Designed especially for produce, Smart Crates are scheduled to be in production within six months.

The RFID and NFC tag technologies provide some important logistical advantages previously unavailable to the produce industry. A crate equipped with RFID can be tracked throughout its entire journey by scanning at routine checkpoints. NFC tags collect and store data, which can be quickly accessed by simply tapping a smartphone against the tag. The vented crates also offer improved air flow, keeping produce fresher during transit from farm to market.

Using smart crate RFID and NFC tag technologies also makes managing the distribution of produce more streamlined and predictable. Now, companies like Twiga Foods, who sources crops from more than eight …

Global Chinese technology company-Vivo has stamped its mark in the Kenyan market by setting its regional offices in Nairobi.

The firm has also unveiled the new V17 pro Smartphone in the Kenyan market.

According to the firm, the new V17 pro houses a total of 6 cameras on the front and back that allow users to redefine their selfies with the industry’s first 32mp dual pop-up front camera, a powerful upgrade to Vivo’s iconic elevating front camera.

V17 pro also houses cutting-edge features such as the super AMOLED ultra FullView display, professional-grade 48mp AI quad camera, plus stunning makeover features created to compliment the lifestyle of today’s young and stylish consumers.

Speaking during the event that was attended by senior government and private sector players in the telecommunications sector, Vivo Kenya CEO Arthur Xian said: “The creation of V17 pro once again showcases our strong consumer-centric innovation approach. The new …

A team of four medical entrepreneurs in Uganda have invented a new technology named M-scan – a low cost, portable ultrasound device.

Dr Prosper Ahimbisibwe, the clinical lead and co-founder, Innocent Menyo, team lead, Phillip Kyomuhendo, radiographer and Ivan Nasasira, a technology leader, have invented the M-scan to help reduce maternity and infant death rate in Uganda.

Dr Prosper Ahimbisibwe, a 26-year old Makerere University medical graduate, is the director and co-founder of M-scan.

According to statistics by the World Health Organisation (WHO) at least 830 mothers in developing countries lose their lives daily due to pregnancy-related complications.

During an interview with a local magazine, Dr Ahimbisibwe said: “As a healthcare specialist and entrepreneur, I believe in innovation to change the world and make it a better place for humanity.”

Dr Ahimbisibwe said that during their community service, education and research programmes as medical students they were posted in upcountry …

Uganda’s exports for the period ending September experienced an 8 per cent decline, according to the Central Bank of Uganda.

According to a report released by the Bank of Uganda last week, it indicates that earnings from exports for the period ending September stood at $296m compared to $326m in August.

Despite the decline, gold, which has become a key export commodity for Uganda among others such as coffee, fish, tobacco and maize, stood out as some of the commodities that hit impressive earnings during the period.

The report shows that in the period ending September, a total of 1,530 kilogrammes of gold were exported noting that the exports were less than the 1,755 kilogrammes that were exported in August.

Uganda’s Export Promotion Board trade and information executive, Mr John Lwere said they were still analyzing the trends in performance. He also noted that gold is gradually becoming part of …

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Separated they live in Bookmarksgrove right at the coast of the Semantics, a large language ocean. A small river named Duden flows by their place and supplies it with the necessary regelialia. It is a paradisematic country, in which roasted parts of sentences fly into your mouth. (https://www.focolare.org/)

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Borrowers in Kenya should now expect interest rates as high as 30 per cent following the repeal of the interest rate cap law.

Parliament failed to raise the required quorum to defend the rate cap law which came into place in September 2016.

There has been a push by bankers, mainly through their lobby group-Kenya Bankers Association (KBA) to have controls on rate cap revised.

READ:Kenyan Banks begin feeling the interest rates cap effects

The law which has been in place for the last four years has controlled lending rates by commercial banks at four percentage points above the Central Bank of Kenya (CBK) Rate.

CBK has retained its benchmark lending rate at 9.0 per cent for the sixth straight time since bringing it down in July 30 2018.

This means banks could not charge loan at rates above 13 per cent, a move that was aimed at sparing …

Dropcap the popularization of the “ideal measure” has led to advice such as “Increase font size for large screens and reduce font size for small screens.” While a good measure does improve the reading experience, it’s only one rule for good typography. Another rule is to maintain a comfortable font size.

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Separated they live in Bookmarksgrove right at the coast of the Semantics, a large language ocean. A small river named Duden flows by their place and supplies it with the necessary regelialia. It is a paradisematic country, in which roasted parts of sentences fly into your mouth.

A wonderful serenity has taken possession

Debt across East Africa continues to grow with Kenya’s risk of debts increasing from low to moderate.

Burundi has also joined a group of nine African countries with a high risk of debt distress. According to a US-based research firm, Brookings Institution, Kenya, Uganda and Tanzania rank among the top 50 countries in the world that are highly indebted to China.

According to the report, such countries are now shifting away from official multilateral creditors to non-concessional, (commercial) debt with relatively higher interest rates and lower maturities.

This has caused the International Monetary Fund (IMF) to raise a red flag over the rate at which East African countries are accumulating debt. Raising concerns about debts sustainability, the risk of higher refinancing of the debts and foreign exchange risks.

East African economies have fallen into a financial fix as they attempt to fund persistent budget deficits and implementing mega infrastructure projects …

Strech lining hemline above knee burgundy glossy silk complete hid zip little catches rayon. Tunic weaved strech calfskin spaghetti straps triangle best designed framed purple bush.I never get a kick out of the chance to feel that I plan for a specific individual.

Separated they live in Bookmarksgrove right at the coast of the Semantics, a large language ocean. A small river named Duden flows by their place and supplies it with the necessary regelialia. It is a paradisematic country, in which roasted parts of sentences fly into your mouth.

A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart. Even the all-powerful Pointing has no control about the blind texts it is an almost unorthographic life One day however a small line of blind text by the name of Lorem Ipsum decided to leave for the …

The cashew nut season in Tanzania has recently commenced and according to a recent report by the Bank of Tanzania (BoT), almost 40 per cent of the nation’s harvested cashew nuts have been exported, over the period of the 2018/2019 season, which means about 90,000 tonnes have been exported.

Per the BoT report, Tanzania cashew stock for the 2018/2019 season is over 225,000 tones, whereas the amount of the respective income garnered has not yet been revealed.

The Ministry of Agriculture has confidence that the sales of cashew nut to go on quite well in this season, taking the new measures put in place to fortify accurate and effective bids and sales over space and time.

This includes the newly ushered digital auction system, that will be executed per the open digital auction platform operational standards, giving an ample room to all interested buyers to bid their stake into the …