Business

  • Kenyan workers were paid less than $2 to make ChatGPT less toxic, a new investigation by Time Magazine has revealed. 
  • OpenAI hired an outsourcing firm Sama who tasked workers to help build a filter system that would make ChatGPT suitable for everyday use with workers taking home an exploitive wage of between around $1.32 and $2 per hour depending on seniority and performance,
  • Time reports that the workers were forced to read graphic detail like child sexual abuse, beastiality, murder, suicide, torture, self harm, and incest.

It has now emerged that Kenyan workers were paid less than $2 to make ChatGPT less toxic, a new investigation by Time Magazine has revealed. 

According to the investigation, OpenAI hired an outsourcing firm Sama who tasked workers to help build a filter system that would make ChatGPT suitable for everyday use with workers taking home an exploitative wage of between around $1.32 and

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  • Kenya’s Athi River Mining Cement PLC administrators have called for a creditors meeting to discuss liquidator’s acts and dealings.
  • The Company was placed under Administration effective 17 August 2018 and subsequently placed in liquidation effective 1 October 2021.
  • Creditors entitled to attend the meeting are entitled to appoint a proxy to attend and ask questions on their behalf.

Kenya’s Athi River Mining Cement PLC administrators have called for a creditors meeting to discuss liquidator’s acts and dealings, and the conduct of the liquidation during the preceding year.

The Company was placed under Administration effective 17 August 2018 and subsequently placed in liquidation effective 1 October 2021.

“Section 413 (1) of the Act provides that, if the liquidation of the Company continues for a period of twelve months or more, the Liquidator shall convene a meeting of the Creditors. In line with the above, notice is therefore hereby given that a

  • The Baobab network has called for applications for the Cohort 1, 2023 accelerator programme 
  • The accelerator programme is designed to give Entrepreneurs in Africa  the funding and platform they need to take their ideas  global.
  • The programme will offer start-ups $50,000 USD in funding, a three month cohort program including personalised two-week consultation sessions with tailored support, in exchange for 10 percent equity.

The Baobab Network has called for applications for the Cohort 1, 2023 accelerator programme aimed at supporting Africa’s boldest innovators to scale homegrown solutions.

The accelerator programme is designed to give Entrepreneurs in Africa the funding and platform they need to take their ideas  global.

The programme will offer start-ups $50,000 USD in funding, a three month cohort program including personalised two-week consultation sessions with tailored support in exchange for 10 percent equity.

Their venture team works with startups to accelerate growth, build capacity and unlock the

Jenga Leo is a coworking space based in Nairobi and offers workers several benefits, including high-speed Wi-Fi and air condition. The company offers several facilities, including a Skype and podcasting room and a childcare centre. Others are a yoga studio and gym room.

The administrator said the company’s innovative concept capitalises on that trend by bringing health and work together in one accessible place.

“The name itself plays by creating ‘building blocks’ as part of an organisation’s desire, with Jenga meaning ‘build’, ‘leo’ meaning today.

Hence, the concept takes building today to create the foundation of a workplace dynamic that allows for one’s mind, body, and soul to flourish.…

  • Heri Homes and Finsco Africa have broken ground to begin the construction of $176 million homes in Kiambu County
  • Dubbed Legacy ridges, the project would see an extra 4,000 homes added into the real estate sector that continues to struggle to meet demand
  • The project is on a 200-acre land in Ruiru, opposite Tatu City off the Thika Superhighway

Kenyan real estate companies Heri Homes and Finsco Africa have broken ground to begin the construction of US$176 million homes in Kiambu County. 

 

Finsco Africa CEO John Mwaura said the project, dubbed Legacy ridges, would see an extra 4,000 homes added into the real estate sector that continues to struggle to meet demand. The project is on a 200-acre land in Ruiru, opposite Tatu City off the Thika Superhighway. 

 

Of the houses, 2,800 would be two and three-bedroom apartments, while the rest will be maisonettes, including servant quarters.

 

According to the

Strong demand for its commodities was the result of supply chain disruptions being experienced the world over. Nagle who succeeded long time chief executive Ivan Glasenberg stated that coal was the star of the show for the company. The high demand for coal was the result of little to no activity being done by mining companies worldwide in terms of building coal mines.

These days coal is not only a dirty commodity but “coal mining” is a dirty word so to speak. It borders on profane in a world that is now strongly driven by ESG to even mention the development of a coal mine. That being the case many players in the coal mining space are finding it increasingly difficult to secure funding for coal mine development projects. 

This has played well into the hands of Glencore which has happily supplied the so-called dirty commodity to eager customers. Shareholders …

In practical reality, it aims at creating a continental market for goods and services, with free movement of businesspeople and investments in Africa.

Several reports indicate that the summit strives to bring Africa and Europe closer together through strengthening economic cooperation and promoting sustainable development, with both continents co-existing in peace, security, democracy, prosperity, solidarity and human dignity.

It is against this backdrop that the two partners are determined to work together on a strategic, long-term footing to develop a shared vision for EU-Africa relations in a globalized world.…

  • Google CEO Sundar Pichai says Africa has the opportunity of exporting technologies to the rest of the world, but a heavy investment is required to make the dream a reality
  • The CEO noted that Africa is on the cusp of a digital transformation, adding that 300 million more people are coming online in Africa over the next five years
  • Sundar has urged other companies to make their investments and recommends focusing on four key areas that will ensure that the digital transformation benefits every African

Africa has the opportunity of exporting technologies to the rest of the world, but a heavy investment is required to make the dream a reality. Google CEO Sundar Pichai said that despite the continent has 18% of the global population, it only accounts for 0.4% of high-tech exports.

Further, Sundar said the continent accounts for only 2% of the world’s broader service exports.

“Boosting these …

  • Land prices in Nairobi’s suburbs and towns maintained a mild upward growth in the fourth quarter of 2021
  • Prices in the suburbs increased by 0.34 per cent over the quarter, while in the satellite towns, growth stood at 1.4 per cent
  • The appreciation was on the back of several factors including the implementation and conclusion of vast infrastructure projects promoting accessibility and opening up areas for Real Estate investments
  • Gross loans advanced to the Real Estate sector increased by 3.2 per cent to KSh 463.0 billion in the third quarter of 2021, from KSh 448.0 billion in the first half of 2021

Land prices in Nairobi’s suburbs and towns maintained a mild upward growth in the fourth quarter of 2021.

Data collected by property experts HassConsult indicated that prices in the suburbs increased by 0.34 per cent over the quarter, while in the satellite towns, growth stood at 1.4 per …