Business Archives - Page 2 of 29

Jun232017 by editorNo Comments

LG Electronics Kenya Launches an Online Shopping Platform

The e-Commerce sector in Kenya is developing at a high rate to keep pace with the ever changing technology. On this note, LG Electronics is now tapping into the online space with the launch of an independent e-commerce channel in an effort to increasing the company’s footprint in the country. According to LG, opening the online platform the company is increasing its products’ availability beyond the physical stores. "We are thrilled to launch online shopping in Kenya,” says Janghoon Chung, Managing Director East and Central Africa. “This significant milestone fully rounds out LG’s multichannel offering. Along with seven retail stores and products available in major supermarkets, our customers in Kenya will now have twenty-four-hour access to the best of our innovative, genuine and qualit

Jan192017 by Lynn WandiaNo Comments

70% of consumers doubt companies protect their personal data

Business, Cyber Security, Governance

Consumers firmly put responsibility for protecting their personal data firmly at the hands of the organizations holding their data – and not themselves. According to Gallup, When it comes to keeping their personal information secure, consumers have much more trust in certain businesses than they do others. About nine in 10 consumers (91%) have a some trust in their primary bank in keeping their personal data safe. Trust in bricks-and-mortar retailers (69%), health insurance companies (68%) and credit card companies (66%) lag behind banks considerably, as does trust in email providers and cellphone platforms (63%). However, according to Gemalto report, the world leader in digital security, today , 70% of the responsibility for protecting and securing customer data lies with compani

Jan182017 by Lynn WandiaNo Comments

Facebook becomes the bridge to the mobile economy for small business in Kenya.

Business, social media

Facebook is supporting Kenyan businesses that want to grow internationally by providing them with powerful new tools and resources that enable them to connect with people in new countries. These new solutions help small businesses become large and local businesses become global. Currently more than 50 million small businesses use Facebook's free Pages product to grow," the release revealed and added that, "The social media platform is the bridge to the new mobile economy for small business, helping them communicate with customers anytime, anywhere. More than one billion people on Facebook are connected to at least one business. And, in the U.S., over 80% of people of Facebook are connected to a small business. The TechMoran reports that Businesses can now use a new feature in

Dec142016 by editorNo Comments

Digital Technology: Cooperative Bank Kenya Opens the door to CoopVisaCard

Business, Technology

As technology develops, financial institutions as well improve their services to well cater for the ever-increasing customer demands. The Corporate Visa Card assists management of costs and cash flow more efficiently in anorganization. The new technology card can be given to Senior Management staff to carter for allowances, corporate travel expenses, entertainment, etc. It simplifies book-keeping procedures and reducing dependency on petty cash. The Visa technology facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards and debit cards. It makes work easier for human as transaction work is reduced. Additionally, much has already been said about the opportunity for technology to disrupt the traditional banking system. The next ge

Dec72016 by Alex ReeceNo Comments

One Africa’s Brighter Monday closes offices in Rwanda

Business

Brighter Monday, a jobsite and recruitment service provider has shut down its operations in Rwanda. Founded in Kenya in 2006 and operating in Kenya, Uganda, Tanzania, BrighterMonday in Rwanda was a free of charge site and users can create a free account, search and apply for jobs or submit their CV on the site to help them quickly apply for jobs on the site. The One Africa Media backed job site offered services that facilitate applications for employment and did not directly offer employment to job seekers. It didn’t guarantee employment but it’s sole purpose was to provide a platform for both job seekers and employers to advertise and apply for jobs and manage responses for their clients/subscribers on the website. It’s Kenyan and Uganda counterparts had however, moved to fully r