Author: Victor Adar

Victor Adar holds a Diploma in Mass Communication, Print, from Technical University of Mombasa. He has worked before for Reuters, Go Places travel magazine and Aden Associates International. As one of the old hands at NBM, having joined the team in 2012, Victor is one of the most reliable writers in the editorial team. He writes more on enterprise, corporate affairs, HR and technology.

American Tower Corporation (ATC) Kenya is currently valued at Sh199.29bn ($1.4bn), and has grown, step by step to own 3,650 towers, directly employs 95 people and hundreds of others indirectly, and is most likely one of the biggest private investor in the ‘lease’ sector. By Victor Adar While many chief executives would find it a great discomfort to roam the continent, one Thomas Sonesson tells of the joys and challenges of working in diverse regions. The head of ATC Kenya, a company that provides infrastructure for telecommunications, including cellular and wireless towers, radio and television broadcast equipment and notably services…

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The academy is targeting the existing 4 million crypto owners as well as new learners getting into the blockchain sector Tech company, GoldPesa has opened a blockchain academy at ABC Place in Westlands, Nairobi to bridge the knowledge gap and demystify existing myths in blockchain-related digital assets and web 3. A report by the United Nations Conference on Trade and Development (UNCTAD) released in June 2021 indicates that 8.5% of the population, or 4.25 million people, own cryptocurrencies in the country. This places Kenya ahead of developed economies such as the United States, which is ranked sixth, with 8.3% of…

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James Mwangi was awarded at the All-Africa Business Leaders Awards held at Sun City, South Africa by the owners of CNBC Africa and Forbes Africa Equity Group chief executive officer and managing director James Mwangi has been awarded the ‘Lifetime Achievement Award’ by the Africa Business News. The award, which is given to individuals who have made remarkable impact on their industry, country and the continent over a period of a lifetime, was presented to him by the Deputy President of South Africa, Paul Mashatile and Rakesh Wahi, Co-Founder and Chairman of Africa Business News Group. In his acceptance speech,…

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A technology company in the payments industry, Mastercard, has partnered with SomBank to promote the adoption of digital payment solutions in Somalia. The partnership with SomBank – a financial institution in Somalia will allow the lender to issue and accept card payments, providing customers with a safe and secure, payment solution for various transactions, including purchases, withdrawals, and online payments. It also seeks to bring more Somalis into the digital fold, with a target of about 100,000 Somalis expected to join the digital economy in 2023. The SomBank Card, a Mastercard-branded debit card will offer a convenient payment solution for everyday…

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The Car and General online shop, has for the second time running been awarded for the best automotive e-commerce site during the fifth annual E-Commerce awards. The event honors and recognises teams and people who are leading the industry in terms of innovation in software, eCommerce campaigns, and website creativity and technology in different categories. The awards are open to all companies and individuals operating in Kenya’s e-commerce ecosystem. “E-Commerce is the future of the automotive industry as it allows dealerships to reach new markets, cut down on operational costs, tailor the customer experience and give them more control over…

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The global business process outsourcing (BPO) market is currently valued at more than $262 bn, with African countries continuing to emerge as important growth frontiers The government will work tirelessly to maintain the country’s competitiveness as an ideal destination for ICT-based export-led labour services.  This is according to the State Department for Information Communications Technology (ICT) and Digital Economy Principal Secretary John Tanui who said that the government was keen on working with investors to help spur growth of tech investments in Kenya. Speaking when he toured the Nairobi operating hub for Sama, a provider of data annotation solutions that…

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By Silas Apollo The National Assembly Departmental Committee on Energy has raised concerns over punitive Power Purchase Agreements signed between Kenya Power Company (KPC) and Independent Power Producers (IPP). The committee chaired by Mwala MP Vincent Musyoka, during a meeting with the KPC and IPPs, said Kenyans cannot continue paying expensive power when affordable power is available. “We can’t get into other take or pay agreements. This committee will not allow the purchase of expensive power from some IPPs when we have affordable power,” said Musyoka. In response to the Committee’s concerns, one of the IPPs – Kopere Limited –…

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In an effort to ensure that school-going girls around Athi River, in Machakos County remain in school and end period poverty, Superior Homes Kenya (SHK) through its corporate social responsibility arm, SHK Foundation under the Nuru initiative, have been donating free menstrual hygiene products with the latest beneficiaries being Kanaani Girls Secondary School who received a donation of 800 packets of sanitary towels. Speaking during the event at Kanaani Girls Secondary School, Superior Homes Kenya Head of Brand and Marketing Louisa Wanjiru said that it is important for every school-going girl child to be able to have access to menstrual hygiene…

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By Victor Adar Property and facilities management are not new terms in the real estate space, yet not many individuals understand them. The two are, in fact, not the same thing as is commonly the misconception. While property management relates to the management of the physical building in terms of maintenance and even the tenancy to some extent on behalf of the owners, facilities management on the other hand focuses on people and services with a bias on areas like fire safety, heating, ventilation, and air conditioning (popular as HVAC), and waste management. Essentially, as an investor or property owner,…

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By Sarah Wabwile Land is a highly sought-after commodity that requires thorough due diligence to ensure that it is legally acquired and the purchaser obtains a valid title Land ownership process can be easy as long as proper verification of documents and due diligence is conducted. Aside from due diligence, one of the critical steps of obtaining land legally is conveyancing which is the process of transferring property from one legal owner to another. The documents required during the land purchase process include original title deed in the name of the seller, an agreement for sale, transfer forms, spousal consent (as the…

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