Chacha Mwita, Author at The Exchange

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M-Pesa’s competition will be another Safaricom innovation

Mining experts to converge in Rwanda for landmark forum

Standard Bank’s China-Africa trade initiative lands in Kenya

How Cellulant is tapping Africa’s emerging Agritech market

Kenya’s Savannah Cement to venture into other East African countries

Vodacom launches ‘fuliza’ version called ‘songesha’

Strathmore University releases state of manufacturing report in Kenya

Kenyan poultry famers to benefit from US$2.9 million kitty

The untapped billions in Africa’s small-scale fisheries
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How Africa can address housing finance gap

Kenyans get ready for a whopping $180M national census

Facebook, Google internet to exploit Africa’s online riches

Here are Coca-Cola’s new beverages

US$18M to boost solar energy in Africa

How KBL’s water savings are quenching communities’ thirst

How Private Equity is shaping investments in East Africa

How KCB will create 1.5 million jobs by 2024

EFG Hermes remains best brokerage firm 2019
Money Deals
Mobile Money platform in S. Sudan shapes job market

Economic Impact of Non-Communicable Diseases in East Africa

Why Kenya’s insurance sector is “rotten”

How risk-based pricing can help borrowers, lenders in Kenya

Mobile money lenders meteoric growth in Kenya

Kenyan Shilling initial crack against major currencies since note change

Tala loans reach 2.5 million customers amid Fintech revolution

Bolt targets corporates with new business strategy

Let us unite to end Child Labour
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All eyes on NSE as futures trading kicks off

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NSE gets green light for Derivatives Market

Kenya’s security market regulator moves to tame fraud

NSE opens week with low share volumes

UK firm kicked out of Nairobi Securities Exchange

Low volumes mark opening of Nairobi Securities trading

NSE turnover drops as market breaks for weekend

NSE opens week on a high as share value hit Ksh865 million
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Did elephant hunting bring Botswana’s President to Kenya?

Johnson & Johnson scores in Kenya’s fight against prostate cancer

New ecosystem to disrupt Kenya’s insurance sector

M-Pesa’s competition will be another Safaricom innovation

JCDecaux to tap into the roadside digital market

Standard Chartered banking on Tanzania’s digital market share

Standard Bank’s China-Africa trade initiative lands in Kenya

French’s Canal+ moves to tap into Nollywood billions through ROK

GSMA partners with Rwanda’s telcos to promote digital inclusion
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Chacha Mwita

Chacha Mwita is a business reporter based in Nairobi, Kenya. He covers equities, capital markets, trade and the region’s economic development.

Kenya’s Pharmacy and Poisons Board (PPB) has approved the use of a prescription drug manufactured by Janssen, one of the pharmaceutical companies of Johnson & Johnson, for the treatment of prostate cancer. The local pharmaceuticals regulator has approved the use of Janssen’s once-daily medication ZYTIGA® (abiraterone acetate) for the treatment of metastatic castration-resistant prostate cancer ahead of a chemotherapy regime. The approval is expected to help boost ongoing efforts to minimise existing barriers to cancer care access in Kenya. Since its first approval in the U.S. in 2011, ZYTIGA® has been approved in combination with prednisone or prednisolone, in 105 countries.

Johnson & Johnson scores in Kenya’s fight against prostate cancer

by Chacha Mwita

Kenya’s Pharmacy and Poisons Board (PPB) has approved the use of a prescription drug manufactured by Janssen, one of the...

Kenya’s Insurance sector is set to face disruption following the launch of a new InsurTech ecosystem seeking to create new solutions to the ailing insurance sector. Over 60 InsurTech start-ups pitched to investors at the inaugural two day Africa 3.0 conference held in Nairobi, as they seek to partner in increasing insurance penetration in the region. According to a new report released by the BaoBab Network, Africa’s InsurTech space is worth US$60 billion but remains largely untapped. The East Africa Insurance Industry has been traditionally focused on the established markets such as life insurance and mining and oil where returns are greater.

New ecosystem to disrupt Kenya’s insurance sector

by Chacha Mwita

Kenya’s Insurance sector is set to face disruption following the launch of a new InsurTech ecosystem seeking to create new...

Mining experts will be converging in Rwanda later this year to deliberate investment and growth opportunities in the continent’s mining sector, in the wake of increased focus on Africa by multinationals. The Rwanda Mines, Petroleum and Gas Board (RMB) will be hosting the new East and Central Africa Mining Forum conference and exhibition that will be held in Kigali from October 28-29, an event the Rwanda intends to use to open the country for investments.

Mining experts to converge in Rwanda for landmark forum

by Chacha Mwita

Mining experts will be converging in Rwanda later this year to deliberate investment and growth opportunities in the continent’s mining...

Shelter Afrique has urge governments to establish a housing microfinance fund to improve access to housing finance by those in the lower end of the market. Shelter Afrique’s Chief Executive Officer Andrew Chimphondah said most policies had an exclusive urban focus, and non-consideration of the low-income groups and the rural areas. Currently, 90 per cent of Africans cannot afford to buy a house or qualify for a mortgage.Recent reports indicate that more than 60 per cent of sub-Saharan African currently lives in Slums.

How Africa can address housing finance gap

by Chacha Mwita

Pan-African financier that exclusively supports the development of the housing and real estate sector in Africa, Shelter Afrique, has urge...

Cellulant’s Agrikore platform – an online marketplace for smallholder farmers, agricultural input and produce traders is tapping into Africa’s emerging Agritech market valued at €5.3 billion (US$5.9 billion) according to a new report by the Technical Centre for Agricultural and Rural Cooperation (CTA) and Dalberg Advisors.This comes as 94 per cent of the continent’s emerging Agritech market remains untapped, according to the survey. The State of Digitalisation of Agriculture in Africa 2019 report identifies online marketplace solutions such as Agrikore as significant use cases of how digital tools are being built to tackle major challenges of attracting and retaining a significant number of buyers and sellers, and in thus doing, help to solve the problem of inefficient and fragmented agricultural markets.

How Cellulant is tapping Africa’s emerging Agritech market

by Chacha Mwita

Cellulant’s Agrikore platform – an online marketplace for smallholder farmers, agricultural input and produce traders is tapping into Africa’s emerging...

Kenya’s Equity Bank has been named as the most ‘Socially Responsible Bank in Africa’ at the most prestigious Africa’s banking and financial sector event – The African Banker Awards 2019. This affirms Equity’s social and environmental leadership on the continent. The award recognises Equity’s initiatives steered through the Equity Group Foundation (EGF) programmes that are positively impacting communities. Through EGF, the bank has had successful initiatives, key among them being the improvement of secondary school education access for 16,168 students under the Wings to Fly program; Financial Literacy training ,clean energy products, agribusiness in Kenya and supporting entrepreneurs in Kenya.

Here is Africa’s most socially responsible bank

by Chacha Mwita

Kenya’s Equity Bank has been named as the most ‘Socially Responsible Bank in Africa’ at the most prestigious Africa’s banking...

KCB Bank Kenya has committed Ksh10 million (US$97,448) to the Afro-Asia Fintech Festival 2019, a first of its kind in the region which will be held next week.The funds will go into supporting the mega financial technology summit being hosted by the Central Bank of Kenya (and the Monetary Authority of Singapore.The forum will take place between July 15–16 and is themed, ‘Fintech in Savannah’, modeled along the Singapore Fintech Festival. According to CBK, leapfrogging technology in Africa is transforming millions of lives and is bringing the world closer together to enable seamless business transactions.

KCB commits Ksh10 million for Afro-Asia Fintech Summit

by Chacha Mwita

KCB Bank Kenya has committed Ksh10 million (US$97,448) to the Afro-Asia Fintech Festival 2019, a first of its kind in...

The Kenyan government has announced it will set aside over 750 acres of land within Mount Kenya forest to aide in the conservation of the critically endangered Mountain Bongo. The land will help protect the Mountain Bongo whose numbers have dropped to below 100 animals in the wild. The Mountain Bongo has been classified by the International Union for Conservation of Nature as a critically endangered species. Kenya Wildlife Service (KWS) and Mount Kenya Wildlife Conservancy undertook and presented an Environmental and Social Impact assessment to NEMA ahead of the conservation programme.

How Kenya plans to save endangered Mountain Bongo

by Chacha Mwita

The Kenyan government, through the Ministry of Tourism and Wildlife, has announced it will set aside over 750 acres of...

Kenya is going big on tapping the billions in the blue economy if the latest developments by government, in partnership with the private sector, are anything to go by. The government has entered into a partnership with global logistics firm―Mediterranean Shipping Company (MSC), to revive the defunct Kenya National Shipping Line (KNSL). The government has also invested in a maritime academy- Bandari Maritime Academy. It is also keen to invest in the fishing sector and project its waters using the Kenya Coast Guard Service.

Why Kenya will reap big from blue economy

by Chacha Mwita

Kenya is going big on tapping the billions in the blue economy if the latest developments by government, in partnership...

Most entrepreneurs have not prepared a succession plan for their businesses in case of their departure which has led to the collapse of many Small and Medium Enterprises (SME) in the demise or the absence of the business owner. Many SMEs also do not have comprehensive risk and asset management solutions. SMEs must develop a succession plan for their businesses according to Invest In Africa (IIA), a Not-for-Profit entity which is working to enhance the skills, improve access to markets and finance of SMEs. The institution which has partnered with a number of huge companies is leveraging on its online platform–Biashara.Now to create linkages between SMEs, suppliers and financiers.

Why most SMEs die after founder’s exit, way forward

by Chacha Mwita

Most entrepreneurs have not prepared a business succession plan for their businesses in case of their departure, industry players have...

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