Vivek launches Kenyan manufactured Home Cleaning Products

Vivek Investments Ltd today announced the launch of a new, Kenyan manufactured range of premium home cleaning products, under the Ezee brand, in a challenge to the market dominance of international brands in the Kenyan market.

According to a 2016 Euromonitor International report, international brands continue to lead Kenya’s home care products market, with most of the products imported, despite the country’s heavy trade imbalance, which has put pressure on the country’s currency, inflation, interest rates, and unemployment.

“Importing goods is a simple case of exporting jobs, making the rise of manufacturing in Kenya central to our future as a middle income nation, and to tackling our now severe unemployment,” said Mr Chintan Thacker, Vivek Group Managing Director.

Vivek, which has been named by KPMG as one of Kenya’s Top 100 small and mid sized companies in both of the last two years based on its pace of manufacturing growth, has already built a strong base in contract manufacturing, and in areas such as pharmaceutical products. But the launch of its own Ezee brand marks a new bid by the company to assert the position of homegrown Kenyan brands in local growth markets.

The Ezee brand spans a full range of cleaning products of a higher quality than most of the existing competitor products, and spanning dishwashing liquid and paste, toilet cleaner, scouring powder, bleach and all purpose washing liquid. The range has been launched at a lower price than its competitors, but is offering more concentrated products, meaning they will clean more and last longer.

The range is also dominated by liquid cleaning products, which are rapidly gaining ground in the local market. “Liquid detergents are more versatile and multipurpose, in that they can be used for all sorts of tasks, across washing dishes, clothes, floors, windows, cars, and almost all other uses,” said Mr Thacker.

Ten supermarket chains have already signed up to stock the new, locally manufactured Ezee products.

The lower price point is expected to be a welcome relief to consumers, with the 2014 Kenya National Bureau of Statistics showing rising producer prices for chemical products as a result of increased prices for soap and detergents, cleaning and polishing preparations.

“We’ll be targeting distributors, wholesalers and retailers for the Ezee brand, as well as supermarkets,” said Mr Chintan. The manufacturer will also be offering consumers complimentary gifts with some of the Ezee products, which have all been pretested and proven to be the best for the market.

All of the product range is being manufactured in Nairobi from the Vivek’s award winning manufacturing operation on Mombasa Road. “Our manufacturing plant employs world class quality control systems that won us the Company of The Year Award in 2015 for productivity and quality by the Kenya Institute of Management,” said MrChintan. As part of these quality control processes, Vivek retains one of every batch of product it manufactures, which is kept until after it’s expiry date, so that the manufacturer can continue to be sure of its continuing quality.

“Launching Ezee is the realization of years of preparation and development within Vivek, creating new local jobs, and fulfilling the next step in our vision of expanding and promoting manufacturing in Kenya as our nation’s next level of development,” said MrChintan.

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How to Deposit Money to Barclays Bank Kenya via Mpesa

how-to-deposit-money-to-barclays-bank-kenya-via-mpesa-fw

Barclays Bank of Kenya’s Lipa na M-Pesa paybill number is 303030. 

The Procedure for depositing money via M-Pesa to your Barclays Bank account is as follows

  1. Go to M-Pesa menu on your phone, select “Lipa na M-Pesa
  2. Select “Paybill
  3. Select “Enter business no.” and enter the 303030 as the Barclays Bank of Kenya (BBK) business no and press “OK”
  4. Enter the Barclays Bank account number you are transferring money to and press “OK”
  5. Enter amount i.e. amount you want to deposit and press “OK”
  6. Enter your M-PESA PIN and press “OK”
  7. Confirm all the details are correct and press “OK”
  8. You will receive a verification window from M-Pesa where you have 1 minute to verify that the details are correct, if correct, dismiss or ignore, if wrong, enter the number 1 and press OK to cancel the transaction
  9. You will receive a confirmation SMS from M-Pesa immediately.
  10. Barclays Bank will then send you a confirmation SMS shortly.
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What is mySafaricom App

What is mySafaricom App

MySafaricom App is a Safaricom Limited application that offers its customers a convenient self service channel to manage their account and interact Customer care.

The application that is available on Android and iOS allows mobile subscribers to access the following services -:

  • Show Account Balances; Airtime, Data, SMS
  • Topup: Recharge with a Voucher
  • Bonga Services; Enrolment, Balance, Transfer, Redemption, History
  • Data & SMS Plans – View and Purchase bundles
  • Store Locator – Near Me
  • Charged SMS Services – VIew and Manage
  • Skiza Services – View and manage tones
  • My Profile; IMEI, PUK
  • Okoa services
  • Roaming Services
  • Knowledgebase
  • Request for M-PESA Statement
  • Feedback and Rating Service
  • Contact us: Twitter, Facebook, Live chat

Android Users https://play.google.com/store/apps/details?id=com.selfcare.safaricom or search MySafaricom on the Play Store app on your Android phone.

mySafaricom on the iOS App Store https://itunes.apple.com/us/app/mysafaricom/id1089092650?mt=8 search MySafaricom on the APP Store app on your iPhone.

 

Safaricom launches Self Service App on Android and iOS

Safaricom launches MySafaricom Self Service App on Android and iOS.fw

Safaricom, a leading communications company in Kenya has launched a personalised self care application for its mobile subscribers to be available on Android and iOS.

The application that is dubbed mySafaricom takes the company a mile ahead of its competitors when it comes to customer service. For mobile subscribers, the application is a handy tool that provides analytic, self care and a personalised dashboard to manage their account.

In a nut shell, the application allows mobile subscribers to access the following services -:

  • Show Account Balances; Airtime, Data, SMS
  • Topup: Recharge with a Voucher
  • Bonga Services; Enrolment, Balance, Transfer, Redemption, History
  • Data & SMS Plans – View and Purchase bundles
  • Store Locator – Near Me
  • Charged SMS Services – VIew and Manage
  • Skiza Services – View and manage tones
  • My Profile; IMEI, PUK
  • Okoa services
  • Roaming Services
  • Knowledgebase
  • Request for M-PESA Statement
  • Feedback and Rating Service
  • Contact us: Twitter, Facebook, Live chat

USSD codes such *144# (To check balance) are likely to be a thing of the past for users who are always connected to the internet, the mySafaricom app will be a treasure.

A nice touch is the fact that you can access and email yourself M-Pesa statements that date back a year. Alternatively, you can also choose to have a statement sent to your email of choice every month on the 5th.

The application does require an internet connection which is probably a downside since the alternative should allow users to access information through SIM connection without the need for data bundles.

Safaricom expects to reduce the number of calls to their customer care by providing access to a knowledge base that will allow customers to trouble shoot and get started on basic tasks.

Needless to say, the application is a must have for every Safaricom customer with need for efficient and speedy access to their account.

Safaricom users can download the application using the following links.

Android Users https://play.google.com/store/apps/details?id=com.selfcare.safaricom or search MySafaricom on the Play Store app on your Android phone.

mySafaricom on the iOS App Store  https://itunes.apple.com/us/app/mysafaricom/id1089092650?mt=8 search MySafaricom on the APP Store app on your iPhone.

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How to install the mySafaricom Android App

How to install the mySafaricom Android App

MySafaricom App is a Safaricom Limited application that offers its customers a convenient self service channel to manage their account and interact Customer care

1. Find the Play Store icon on your phone’s home screen or the Apps page . Tap it.

2. Tap the magnifying glass on the top-right, type in the name mySafaricom (Letter case doesn’t matter), and tap the magnifying glass on the keyboard to execute the search. Some suggestions will pop up below the search box as you type, which you can tap to reach directly. The search term can also be more general to find any apps that focus on a topic or keyword.

3. Results will be presented which should include an app called mySafaricom. Verify if it is the right app by checking if the name Safaricom Limited appears next to it. That should tell you that the application has been published by Safaricom.

4. The three dots on the right side of each entry will provide options to install right away or add the app to a wishlist for future reference. You can choose to use either option by tapping.

5. Or to install, tap the box of information itself which will take you to a page with more details for that app, including screenshots, video, a description, and reviews from users like you.

6. Tap the Install button at the top to start downloading. You will be prompted to provide certain device permissions for the installation to continue.

7. Ongoing downloads and installations will show as icons in the notification bar at the top of the screen. Swipe down from the top for a detailed look.

8. Once the download and installation are complete, you can tap the Open button in the Play Store listing, or tap the icon from the notification tray to open your app. Otherwise, the app will be accessible by tapping the Apps icon in the bottom of your home screen, assuming an icon hasn’t already been put on your home screen.

9. Once you open the app, you will be required to activate the app. Safaricom provides you two options, PIN via mobile or email. Choose whichever you like. Safaricom will send you an email or SMS with a PIN, enter the pin on the App home page. The app will be activated immediately and you are good to go.

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M-Pesa fails in South Africa

Vodacom discontinue M-Pesa n South Africa

Vodacom will discontinue its M-Pesa product in South Africa with effect from 30 June 2016.

Speaking about the decision, Shameel Joosub, Vodacom Chief Executive Officer, says: “Vodacom’s decision is based on the fact that the business sustainability of M-Pesa is predicated on achieving a critical mass of users. Based on our revised projections and high levels of financial inclusion in South Africa there is little prospect of the M-Pesa product achieving this in its current format in the mid-term.”

In other markets where financial inclusion is limited and where there is a more supportive macro environment, M-Pesa continues to gain solid traction based on exponential growth in customer acquisition. Kenya and Tanzania are prime examples of this. It is important to note that this decision does not affect M-Pesa customers in Tanzania, Lesotho, Mozambique and the DRC, where the product continues to grow exponentially.

With regard to customers, Joosub says: “Vodacom is fully committed to mitigating any inconvenience to customers impacted by the decision and assures all M-Pesa South Africa customers that their funds remain safe and readily accessible. We remain of the opinion that opportunities exist in the Financial Services environment and we will continue to explore these.”

Hacktivists target Central Bank of Kenya Website

Hackers target Central Bank of Kenya Website

Over the weekend, hacktivists conducted distributed denial-of-service DDoS attacks on the websites of four International banks including the Central Bank of Kenya (CBK).

The other banks include National Bank of Panama, Central Bank of Bosnia and Herzegovina and Maldives Monetary Authority.

According to Hacknews, hacktivists only referred to as Anonymous and Ghost Squad began conducting cyber attacks on banking websites worldwide over a week ago.

This particular hack is said to have been executed by Ghost Squad on Saturday morning. All of the sites are now back online, an event that might go unnoticed to most people.

CBK Website Hacked

Screenshot showing all four banks were down after the attack

The National Bank of Panama was of special interest to the hackers due to the recently leaked documents known as Panama Papers.

The operation by hacktivists is against banks and financial institutions around the world. The hacktivists believe banks are controlling the world’s economy, promoting and hiding corruption at governmental and private level.

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Lipa na M-Pesa PayBill Numbers for Banks in Kenya

Mpesa Bank Paybill Numbers for All Banks in Kenya

Banks in Kenya have embraced M-Pesa across the board to provide their customers with fast, easy and convenient access to their money.

Safaricom Lipa Na M-PESA PayBill is a cash collection service that allows small or medium sized business to collect money on a regular basis from their customers.

The following is a list of Lipa na M-Pesa PayBill numbers for mobile banking services by different banks in Kenya.

BANK INSTITUTION M-PESA PAY BILL NUMBER
Bank of Africa(BOA) 972900
Barclays Bank K LTD 303030
CFC Stanbic 600100
Chase Bank 552800
Comm. Bank of Africa 880100
Consolidated Bank LTD 508400
Co-operative Bank 400200
Credit Bank 972700
Diamond Trust Bank(DTB) 516600
Ecobank 700201
Equatorial Commercial Bank 498100
Equity Bank 247247
Family Bank Ltd 222111
Faulu DTM 328585
First Community Bank Ltd 919700
GTBank Kenya Ltd 910200
Gulf African Bank 985050
Housing Finance Company LTD 100400
I & M Bank Limited 542542
IMPERIAL BANK LTD 800100
Jamii Bora Bank 529901
KCB 522522
K-REP BANK (Now Sidian Bank) 111999
KWFTDTM 101200
Musoni 514000
National Bank 625625
NIC Bank Limited 488488
Post Office Savings Bank 200999
Rafiki DTM 802200
Sidian Bank 111999
SMEP DTM 777001
Standard Chartered Bank 329329
Transnational Bank 862862
UBA Bank 559900
Vision Fund Kenya 200555; 549900
ABC Bank 111777
CITIBANK N.A KENYA 100229
Prime Bank 982800
Uwezo DTM 504600

 

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How to Deposit Money to ABC Bank Kenya via Mpesa

How to Deposit Money to ABC Bank Kenya via Mpesa

ABC Bank’s Lipa na M-Pesa paybill number is 111777

The Procedure for depositing money via M-Pesa to your ABC Bank account is as follows

  1. Go to M-Pesa menu on your phone, select “Lipa na M-Pesa
  2. Select “Paybill
  3. Select “Enter business no.” and enter the 111777 as the ABC Bank business no (Paybill Number) and press “OK”
  4. Enter the  account number (customers ABC Bank account) you are transferring money to and press “OK”
  5. Enter amount i.e. amount you want to deposit and press “OK”
  6. Enter your M-PESA PIN and press “OK”
  7. Confirm all the details are correct and press “OK”
  8. You will receive a verification window from M-Pesa where you have 1 minute to verify that the details are correct, if correct, dismiss or ignore, if wrong, enter the number 1 and press OK to cancel the transaction
  9. You will receive a confirmation SMS from M-Pesa immediately.
  10. ABC Bank will then send you a confirmation SMS shortly.

Charges: ABC Bank charges Kes 40* over and above what Safaricom charges

Barclays sells 103.6 MILLION Barclays Africa ordinary shares

Barclays has sold 103,592,491 ordinary shares in the capital of Barclays Africa (representing 12.2% of Barclays Africa’s issued share capital) at a price of ZAR 126 per share through an accelerated bookbuild placing (the “Placing”), raising aggregate gross sale proceeds of approximately ZAR 13,053 million (£603 million)1 . Upon settlement, the Placing is expected to result in a pro forma increase of approximately 10 basis points on the 31 March 2016 CET1 ratio.

Barclays Bank PLC, acting through its investment bank (“Barclays Investment Bank”) is acting as sole global coordinator and joint bookrunner, together with Citigroup Global Markets Limited, J.P. Morgan Securities plc (which conducts its UK investment banking activities as J.P. Morgan Cazenove) and UBS Limited (the “Managers”) who, together with Barclays Investment Bank, are acting as joint bookrunners on the Placing (together, the “Joint Bookrunners”).

Following completion of the Placing, Barclays will hold 424.7 million ordinary shares in the capital of Barclays Africa, representing approximately 50.1% of Barclays Africa’s issued share capital.

All of the remaining ordinary shares in Barclays Africa held by Barclays PLC or its subsidiaries (excluding Barclays Africa and its subsidiaries) not sold in the Placing will be subject to a 90 day lock-up restriction from settlement. During this period, the lock-up restriction may be waived with the consent of the Managers (such consent not to be unreasonably withheld or delayed).

The proceeds of the Placing are payable in cash on usual settlement terms, and settlement of the Placing is expected to occur on a T+5 basis on 12 May 2016, subject to the satisfaction or waiver of certain customary conditions.

1 Exchange Rate ZARGBP 0.0462 as of 4 May 2016 (source: Bloomberg)”

Pursuant to the above and in accordance with section 122 (3)(b) of the Companies Act and section 3.83(b) of the Listings Requirements of the JSE Limited, Barclays Africa shareholders are advised that Barclays Africa has received formal notification from Barclays PLC that its total interest in Barclays Africa has been reduced from 62.3% to 50.1%.

As required in terms of Section 122 of the Companies Act, the required notice will be filed with the Takeover Regulation Panel.