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Showing posts from October, 2019

Award Winning Residential Developer Mi Vida takes Residential Market by Storm

Winnie Mutegi, Marketing Manager Mi Vida receives an award  from The President of the Architectural Association of Kenya, Mugure Njendu during the 29th Kenya Homes Expo Newly launched residential home builder Mi Vida has been ranked the best new entrant into the Kenyan real estate market at the Kenya Homes Expo 2019. Mi Vida also received an award in the real estate developers and agencies category at the event which came to a close on Sunday. The home builder which is targeting the middle-income sector launched its operations in Kenya in July this year. Mi Vida is a Kshs. 12 billion joint venture between Actis, a leading growth markets investor across Africa, Asia and Latin America, and Shapoorji Pallonji Real Estate (SPRE), the real estate arm of one of India’s largest conglomerates and aims to construct over 2,000 residential homes in Nairobi. Speaking on the sidelines of the expo Mi Vida CEO Chris Coulson said it was a great honour for the company to be feted bar...

Novo Nordisk opens regional office in Kenya

From left: Pharmacy and Poisons Board CEO Dr Fred Siyoi, Denmark Deputy Ambassador to Kenya Henrik Larsen and Novo Nordisk's Vice President (Business Area Africa and Gulf) Mads Bo Larsen during the opening of Novo Nordisk's Nairobi Office Novo Nordisk, a global healthcare company headquartered in Denmark with more than 95 years of innovation and leadership in diabetes care has opened a regional office in Nairobi, Kenya. Medicine is their key contribution and they supply nearly half of the world’s insulin. However, it takes more than medicine to defeat diabetes. The company, therefore, works in partnerships to drive change to defeat diabetes. Some of the key projects in Kenya include the Base of the Pyramid (BoP) project that works to improve access to diabetes care for people at the base of the economic pyramid and the Changing Diabetes® in Children (CDiC) programme that aims to bring all elements of necessary diabetes care closer to the children and build capacity for ...

Air Afrik to lay off 200 staff following Stanbic Bank's fraudulent dealings

Air Afrik will cut roughly 80 per cent of its salaried staff in both Kenya and South Sudan by November as part of the company’s restructuring process. The move will eliminate 200 white-collar jobs.   The carrier hit major turbulence following the loss of a $20 million plane-leasing contract with the government of South Sudan. Since the loss of the contract and the court case against Stanbic Bank the company has been reviewing its process; fitting people into the right jobs and in the process, some roles have become redundant. “ We understand this is a challenging time for our team, but these steps were necessitated following Stanbic Bank ’ s negligent errors, oversight and unlawful actions, ” the company said in a statement The court case stems from a banking transaction gone awry. According to an official letter to the Central Bank of Kenya, the South African-owned bank admits to having regrettably made an error. Letters obtained from the Central Ba...

Boehringer Ingelheim collaborates with local universities in development program for young professionals

Boehringer Ingelheim, one of the world’s leading pharmaceutical companies, has collaborated with Kenyatta and Strathmore Universities in Nairobi, Kenya to launch the Making More Health Venture4Change idea competition. The competition is an adaptable local and global development program that aims to unlock the creative potentials of young aspiring professionals by e ncourages participants to develop innovative, scalable and sustainable ground-breaking solutions on how to improve sanitation and hygiene for children and youths aged between 6-25 years. It further aims to foster ideas that create a holistic approach towards local communities’ engagement and empowerment. This goal will be achieved by co-creating with various experts and several partners from different sectors or businesses to discuss best practices in health and more specifically, on improving hygiene for the younger population across the country. Lilian Mwaura (centre), Faheem Sadik and Juma Onyango (right) pose with t...

MIDDLE EAST COUNTRIES EYE KENYA AS AFRICA’S TRADING HOTSPOT AT THE BIG 5 CONSTRUCT KENYA 2019

Marking Kenya as a key entry point to East African markets, the number of Middle East countries exhibiting at this year’s The Big 5 Construct Kenya has gone up dramatically with Kuwait and Egypt signing up to open country pavilions at the event. A platform where local industry professionals can meet and do business with the worldwide construction community for free,   The Big 5 Construct Kenya runs from November 5 th  – 7 th 2019 at the Kenyatta International Convention Centre (KICC).  The exhibition, now in its third edition and held under the patronage of the Ministry of Transport, Infrastructure, Housing, Urban Development and Public Works will host 12 international country pavilions in total including Greece, Belgium, China, and Italy among others.  Muhammed Kazi, Portfolio Director at organiser dmg events, comments on the surge of Middle Eastern companies confirmed for the 2019 edition:  “ There are a total of 75 companies from the Middle East ge...