International athletes begin to arrive for Kenya triathlon

International athletes begin to arrive for Kenya triathlonThe “season opener” for Kenya’s triathlon calendar will be held in Watamu, Kilifi county, at the Kenya coast on April 18 and 19, and over 200 local and international athletes have already signed up for the event.

The various races will be held over two days beginning with a children’s aquathon on April 18 that will see participants aged 5 to 15 years of age run and swim over various distances. The children’s aquathon seeks to bolster the development of the triathlon at the grade school level across Kenya. The Sprint and Olympic distance events will take place on April 19 with participants starting with a 1.5-kilometer swim, a 40-kilometer cycle, and finishing off with a 10-kilometer run for the Olympic distance. The Sprint distance will see competitors battle over a 750-meter swim, a 20-kilometer cycle, and a 5-kilometer run around the picturesque Watamu bay area.

H&A Sports CEO, Aida Rajab, commented, “The race is now in its sixth year and has grown in stature, and 2015 will be the most competitive in its history.” She further added that the race will include an ocean swim with a flat bike course along Turtle Bay Road and a run course through Watamu Town.

Race director and Ironman competitor, Falgun Bhojak, also added his voice when he was quoted as saying, “This year’s course has been modified, and the distances and terrain will cater for all participants from professional athletes, first-timers, and children.” He added that this year’s lineup will include three-time winner and Kenya international, Swaleh Balala; two-time, runner-up Michael Owora; and Mohammed Tarmal and Sharifa Ingosi, who will lead the women’s pack. Read More…

Ford Committed To Growth In Kenya:Renewed partnership with CMC Motors spearheads influx of exciting new models

Ford Committed To Growth In Kenya:Renewed partnership with CMC Motors spearheads influx of exciting new modelsLocal Motor dealer, CMC Motors, has received a major shot in the arm from the Ford Motor Company which has reaffirmed its franchise agreement, today.

CMC Motors, a wholly owned subsidiary of Al-Futtaim Automotive Group, will now enjoy full franchisee support from the Ford Motor Company as part of an elaborate business development plan.

A delegation of senior Ford Motor Company executives who are in the country for a two day visit have reaffirmed the firm’s commitment to Kenya as one of the company’s priority growth markets on the African continent.

“Kenya is a key market in our Sub-Saharan Africa region and a springboard into the rest of East Africa,” said Jeff Nemeth, President and CEO of Ford Motor Company, Sub-Saharan region.

“The creation of Ford’s fifth business unit Middle East and Africa ensures we have dedicated resources and manpower to bring the latest generation of products and smart technologies to the market,” Nemeth explained. “We are projecting increased share of the market for Ford in Kenya at the end of 2015, up from the 3.3% recorded in 2014. From the 579 sales last year, we are targeting significant growth,” He said.

As part of the commitment, CMC Holdings Limited Group CEO, Mark Kass, confirmed that plans to launch a variety of new Ford models are now underway as the firm moves to enhance its current range. CMC Motors, Kass added, is also investing in a Quick Lane Service Centre to enhance the firm’s customer experience. Read More…

Kenya: Microfinance institution to expand beyond tea sector

Kenya: Microfinance institution to expand beyond tea sectorGreenland Fedha Limited (GFL), a microfinance institution for small-scale tea farmers in Kenya, has implemented a new software solution to improve its efficiency and remain competitive in the market. According to the institution, it had chosen the Microsoft Dynamics NAV platform.

With the system in place, GFL revealed that the system had not only automated its processes, but also enabled it to develop a mobile payment solution.

GFL is wholly owned by the Kenya Tea Development Agency (KTDA) Holdings and provides financial services to the tea sub sector in the country. According to GFL, the institution is unique in that it offers its loan recipients the option to apply for and repay their loans using green leaf as collateral, with specific formulas in place to work out the interest and repayment rate. The manual system it had in place, prior to the installation of the new system, was cumbersome to log loans, work out interest rates, manage inventory and run the business effectively. This made it challenging to compete with commercial banks and other microfinance lenders. Read More…

Improving Electricity Supply in Nyeri, Kenya

Power Technology Solutions Limited, a local power company has intended to start producing electricity from renewable sources to lift the energy sector in Kenya. The company plans to start production at three new sites in the Nyeri County.

“It is notified to the general public that Power Technology Solutions Limited, a company incorporated in the republic of Kenya intends to apply for a power generation licence after sixty days of expiration of this notice,” said a statement released by the company, “The generation will be on different operating regimes including wind, solar and water.”
The existence of various small scale industries and tea plantations in Nyeri makes it a profitable location for electricity production.

The Kenyan government is looking at reducing electricity prices to facilitate small scale industries in the country. The government also planned to introduce ecofriendly methods of producing electricity. The government also intends to be able to produce 5000MW of electricity by the year 2017.

Indian Universities: A Magnet for East African Students

Indian Universities: A Magnet for East African StudentsThe students in East African countries are massively heading towards India for higher education as the country’s higher education sector is grooming more and more to redeem its place as the leading destination for students of Africa. Indian universities held workshops in East African countries to provide platform to potential students and parents. H.E. Mr. Sibabrata Tripathi, Indian High Commissioner to Kenya asserted that universities in India have remained popular in Africa because of the quality of education, the use of English, costs and quality. He also noted, “India offers quality higher education at an affordable cost. The use of English as a medium of instruction, reasonable living costs, ethnic, religious and cultural diversity in the country, similarity of life experience in a developing country and the presence of foreign student communities from various countries continue to act as an attraction.”

In recent years, distance education courses offered by Indian institutions are getting popular. India’s reputation as an older and more developed higher education sector enhances as an allurement among students. Furthermore, Indian government’s scholarships to African students acts as an icing on the cake ensuring country’s hold in attracting foreign students especially in Kenya with estimated 100 scholarships each year. According to H.E. Mr. Francis Kaberia the then Kenya’s High Commissioner to India, there are 3,500 students studying in India, Uganda has sent more than 800 students, while Tanzania has around 1,000 students studying mainly in Delhi and Hyderabad.