Author: Wanjiku Njugunah

The returned items include the Shiva and his Disciples, Worshipping Shakti and Lord Vishnu and his Forms.

The news portal noted that the artefacts date from as early as the ninth to the tenth century.

The artefacts are primarily made of sandstone, marble, bronze and brass.

According to the publication, the antiques are from various places In India, including Rajasthan, Gujarat, and West Bengal.…

• Safaricom has rolled out a campaign to offer technological solutions for enterprise and the public sector
• The company said it is seeking to leverage its connectivity and experience to venture into the technology space by expanding its tech solutions in the areas of digital business
• Safaricom is banking on its recent efforts to enable it to play a bigger role in digitising and transforming businesses in various sectors, including education, health and manufacturing

Safaricom has rolled out a campaign to position tech solutions for enterprise and public sector customers.

The Kenya-based telco said it is seeking to leverage its connectivity and experience to venture into the technology space by expanding its tech solutions.

The expansion is in the areas of digital business through cloud computing, cyber security and the internet of things (IoT) underpinned by IT consulting services.

Besides reinforcing its new business strategy to become a technology company, the …

Further, the Organisation of Petroleum Exporting Countries (OPEC) revealed that India’s demand might jump by 8.2 per cent in 2022, to hit 5.15 million barrels per day. This would be on the back of continued recovery against the COVID-19 pandemic.

The country’s demand for the commodity increased by 5.61 per cent from 4.51 million barrels per day in 2020 to 4.76 million BPD in 2021.

OPEC further noted that oil demand would recover in 2022, amid the expected containment of the Omicron variant of COVID-19 and economic growth of 7.2 per cent this year.…

• KEPSA has announced the recruitment of the first cohort of twenty-five businesses in the Kenya-US Small and Medium Enterprises Trade Initiative
• The twenty-five local SMEs looking to either scale up globally or grow exports to the U.S. market will be provided with sector-specific information on business opportunities in the U.S. markets
• The Kenya-US SME Trade Initiative aims to support greater US-Kenya trade under the African Growth and Opportunity Act (AGOA)

The Kenya Private Sector Alliance (KEPSA), has announced the recruitment of the first cohort of twenty-five businesses in the Kenya-US Small and Medium Enterprises Trade Initiative.

The twenty-five local SMEs, looking to either scale up globally or grow exports to the U.S. market, will be provided with sector-specific information on business opportunities in the U.S. markets. This is in addition to imports and exports business exchanges among other initiatives aimed at improving market access and linkages between SMEs in the …

• KCB Group Plc has recorded a historic 74 per cent rise in profit after tax for the full year ending December 2021, to hit KSh 34.2 billion compared to KSh 19.6 billion a year earlier
• The bank attributed the performance to increased income, cost management and lower credit provisions which saw the Group post higher returns to shareholders
• Provisions for the period reduced by 52% to close at KSh 13.0 billion from KSh 27.2 billion a similar period in 2020

KCB Group Plc has recorded a historic 74 per cent rise in profit after tax for the full year ending December 2021, riding on an economic recovery across its key markets.

During the period under review, net profit grew to KSh 34.2 billion compared to KSh 19.6 billion a year earlier, on
the back of increased income, cost management and lower credit provisions which saw the Group post higher returns …

• Sri Lanka is facing the worst economic crisis since independence that has led to shortages of basic commodities such as fuel and medicine 
• The country will receive a US$1 billion loan from India to ease the crisis amid ongoing protests by tens of thousands of citizens 
• Over the past few months, India has provided Sri Lanka with loans amounting to US$500 million to purchase fuel and a currency swap of US$400 million under the Saarch facility

India and Sri Lanka will finalise a US$1 billion line of credit on Thursday, March 17, 2022.

According to Hindustan Times, the funds by India are expected to help Sri Lanka cope with the ongoing economic crisis, which is the worst that the island nation has faced in decades.

Sri Lanka will use the funding to acquire essentials such as food and medicine.

Read: With AfCFTA, what’s in Africa for India?

The funds follow …

• CMC Motors Group has partnered with Stanbic Bank to introduce ‘Ford Finance’ to enable clients to access competitive and flexible financing solutions for Ford vehicles in Kenya
• The partnership will see the Ford Motor Company, CMC Motors Group Limited, Stanbic Bank Kenya and Standard Bank of South Africa partner to enable clients within Kenya to afford new Ford units
• CMC Motors Group CEO Alan Crossan said the initiative comes when the economy is steadily recovering from the harsh effects of the Covid-19 pandemic

Kenya’s CMC Motors Group has partnered with Stanbic Bank to launch ‘Ford Finance’ to enable clients to access competitive and flexible financing solutions for Ford vehicles in Kenya.

The partnership will see the Ford Motor Company, CMC Motors Group Limited, Stanbic Bank Kenya and Standard Bank of South Africa come together to enable clients within Kenya to afford new Ford units.

Speaking at the Partnership launch, CMC …

• Google has unveiled the list of successful applicants of its Google for Startups Accelerator Africa Class 7 and they include Fleetsimplify, HydroIQ and Sukhiba
• The startups are drawn from seven African countries, namely Kenya, Egypt, Nigeria, South Africa, Tanzania and Uganda, with Cote D’Ivoire joining for the first time
• Over the next three months, the startups will work with Google mentors and facilitators learning best practices on a range of topics, including Artificial Intelligence and Big Data 

Google has unveiled the list of successful applicants of its Google for Startups Accelerator Africa Class 7.

In a statement, the American technology company said the selected startups are developing solutions in healthcare, education, fleet management, logistics automation and recruiting.

The seventh class includes three Kenyan startups, namely Fleetsimplify, HydroIQ and Sukhiba.

The startups are drawn from seven African countries, namely Kenya, Egypt, Nigeria, South Africa, Tanzania and Uganda, with Cote D’Ivoire joining …

• President Uhuru Kenyatta has ordered a countrywide security crackdown to weed out rogue boda boda operators from the sector following the recent assault of a female motorist
• Kenyatta said that he had instructed the country’s security apparatus to clamp down on rogue boda boda cyclists and ensure perpetrators of the heinous act are brought to book
• President Kenyatta also ordered a new registration of all boda boda operators in the country as part of measures to restore order in the sector

President Uhuru Kenyatta has ordered a countrywide security crackdown to weed out rogue boda boda operators from the sector following the recent assault of a female motorist along Wangari Maathai Road Nairobi County.

Describing the incident as disheartening, the President said that he had on Monday evening instructed the country’s security apparatus to clamp down on rogue boda boda cyclists and ensure perpetrators of the heinous act are brought …

• A new finding now shows that women are now taking the lead in the transformation of Africa as the continent makes tremendous progress driving gender parity
• Zuri Foundation Chief Executive Officer Norah Muthoni Mumo said the past three years have seen an increase in women’s participation in societal transformation
• Accelerating progress towards gender parity could boost African economies by the equivalent of 10 per cent of their collective GDP by 2025

A new finding by Zuri Foundation indicates that women are now taking the lead in the transformation of Africa as the continent makes tremendous progress driving gender parity.

Zuri Foundation Chief Executive Officer Norah Muthoni Mumo said the past three years had seen an increase in women’s participation towards societal transformation in various fields, including political leadership, senior managerial positions, entrepreneurship, and sports and culture.

“More women are now in political leadership positions; women in corporate boards in Kenya …