Home Blog Page 8

Where to Study Petroleum and Mining Courses in Kenya

Where to Study Petroleum and Mining Courses in Kenya

In Kenya today and in the future, petroleum and mining courses will be among the most in-demand educational qualifications, and its graduates will be most sought after to work in various industries and government institutions. I strongly believe so.

Why? Just recently, Kenya found coltan, a rare mineral used in the manufacture of all modern technological devices like phones and laptops, in its six counties Embu, with the largest deposits, Mwingi North in Kitui, Nachola area in Samburu, Alale in West Pokot, Makutano in Turkana County and Kora Wells in Tana River County, so there is need to look for mining engineers, mining surveyors, Geophysicists, Geologists, Geotechnical Engineers and other experts in that field to help in mining this precious heat-resistant mineral, when manufactured, occurring in granitic pegmatites, a type of igneous rock.

And this is without mentioning the booming petroleum (oil and gas) exploration efforts going on in the country’s sedimentary basins in areas of Anza, Lamu, Mandera, and Tertiary Rift, without talking about Tullow Oil reopening after shutting down its oil extraction project in Turkana for two years and the numerous jobs announced in the State Department for Mining beginning 2024.

To prepare yourself for jobs in the petroleum and mining sector, you need to study a course in one of its areas because it is highly specialized and requires professionals.

Where can I study petroleum and mining in Kenya?

Mining in kenya jobs and careers

Professionals working in mines and the oil and gas industry look to discover reserves of these natural resources and extract and refine them for making quality products.

On the other hand, companies in this space build, operate, and maintain mining equipment and hire these professionals to utilize them in everyday mining activities.

In the petroleum sector, the most prominent careers are petroleum engineers, who apply the principles of geology, physics, and the engineering sciences to inspect and oversee exploration, drilling, and production, petroleum inspectors, field specialists, and others. Mostly, they are offered at the bachelor’s degree level in most Kenyan universities, and it takes five years to complete.

At the diploma and certificate level, if you didn’t meet the C+ requirement to join the university, you can study Geology and Mineral Science and other related courses covering mineral exploration, its production, supply chain, and more.

Here are top institutions undertaking research and education in fundamental and applied aspects of geoscience and georesources to prepare you for a rewarding job in the petroleum and mining sector;

Institutions for petroleum and mining in Kenya Course offering;
Kenyatta University Bachelor of Science (BSc) in Energy Technology and BSc in Petroleum Engineering
University of Nairobi BSc in Petroleum Engineering and BSc in Petroleum Geoscience
Morendat Institute of Oil & Gas (MIOG) Diploma in Oil and Gas Economics and Diploma in Petroleum Management (KCSE mean grade C-)
Nairobi Technical Training Institute Diploma in Petroleum Management
Finstock Evarsity College Diploma In Petroleum Management (DPLM) and Basic Certificate in Geology and Mineral Science
Eldoret Technical Training Institute Dip/Cert Petroleum Geoscience
Technical University of Kenya Master of Technology (Petroleum Chemical Technology )
Kisii University BSc in Petroleum Chemistry
Mount Kenya University Bachelor of Science in Petroleum Exploration and Production
Jomo Kenyatta University of Agriculture and Technology BSc in Mining and Mineral Processing Engineering
Taita Taveta University BSc in Mining and Mineral Processing Engineering

READ: The Kenya School of Government: Building Public Service Capacity to Perform

Police Officer Requirements in Kenya

Keeping law and order, investigating crime, and supporting crime prevention are, in part, the responsibilities of the Kenya Police, listed in the Duties, Powers, and Privileges section of The Police Act that provides the legal principles of their service.

Any police force would operate with autonomy and discretion, the Kenyan police officers not being the exception, posing a unique environment with its own challenges because they spend most of their time dealing with vulnerability issues of a variety of criminal activities and supporting victims of crime.

But when policing is a calling, such problems should not discourage you from joining the National Police Service (NPS), as when you are constantly challenged but embracing and learning new skills, you become successful.

Police officers are also prohibited from joining trade unions because, really, how can people called to disperse union gatherings and picket lines during demos have a union themselves? “It is impossible to bargain collectively with the Government.”

But that shouldn’t discourage you, either. So, if you want to join the Kenya Police and serve in the NPS, then here is how to become one;

Kenya Police recruitment process

The National Police Service offers different ways of getting into Kenya Police. You can apply directly as cadets on higher ranks, as a volunteer civilian staff, or as specialist officers or join via the traditional entry route of going through the recruitment process held once every year – this is the most common entry scheme.

Police recruitment requirements

Kenya Police Service join

During the recruitment days of the Kenya Police, the National Police Service Commission (NPSC), which plays the human resource management function in the country’s policing service, seeks to recruit suitably qualified applicants to be trained as Police Constables.

These applicants must;

* Be a citizen of Kenya
* Hold a Kenya National Identity Card
* Have a high school minimum mean grade of D+ (D Plus) with a D+ (D Plus) and above in either English or Kiswahili languages in the Kenya Certificate of Secondary
Education (KCSE) examination or its equivalency diploma or degree from an examination body recognized in Kenya
* Be aged between 18 and 28 years
* Meet the requirements of Chapter Six of the Constitution on Leadership and Integrity to maintain discipline and carry out their job effectively and with a sense of purpose
* Applicants must be in good health both physically and mentally to perform the duties of a police officer once recruited and enlisted
* Have no criminal record or pending criminal charges

Applicant’s note

When the dates for Kenya Police Recruitment come, the National Police Service Commission usually announces to the public through advertisements in at least two daily newspapers of national circulation, online media, and other channels.

The call for applications contains, alongside the recruitment dates, a list of Constituency-based Recruitment Centers where the exercise will take place, the criteria for the recruitment, the application procedure, and the closing date for application seven days after the announcement.

Before going to your nearest recruitment center as part of the police hiring process in Kenya when the day reaches, note that, first, there is a form to sign and fill, which is obtainable at any police station, including Sub County Administration Police Commanders (SUBCOM) Offices, County Commissioners Offices, and Huduma Centres.

They are also available online, downloadable from police websites, www.nationalpolice.go.ke, www.npsc.go.ke, and www.dci.go.ke.

Carry the application form to your nearest recruitment center on the day of recruitment, and with you, have original copies of your National ID, birth certificate, academic certificates and testimonials, and a Police Clearance Certificate.

Kenya Police recruitment day

From the recruitment of police officers in 2024 onwards, after police reform taskforce recommendations, the new age limit to join the police service might be lifted from 18 to 24 years but reserved for minority groups, and the minimum KCSE grade from D Plus to C Minus, underrepresented groups or people from marginal areas excluded also.

How long is police training in Kenya?

After meeting all the age and academic qualification requirements to start your application to the National Police Service and passing security and background checks and health and fitness tests on the recruitment day to successfully become a police recruit, to be enlisted as a full police officer, and given a rank, you must undergo rigorous training program at Kenya Police Colleges which lasts nine months. However, there are considerations to raise it to one year or twelve months.

READ: Recruitment for the Kenya Police in 2024

 

 

How to Register for TSC Teachers Number in 2024

How to Register for TSC Teachers Number in 2024

If you are a new teacher, it is safe to know that in accordance with Article 237 of the Kenyan Constitution, it is illegal to teach in Kenya without registering as a teacher by getting a Teachers Service Commission TSC number so you can avoid breaking the law.

Not until you are certified and given a TSC number by the Teachers Service Commission (TSC), which determines eligibility for certification and evaluates applications for certification for all teachers in Kenya, you are an unlicensed teacher and thus unapproved to teach in any classroom.

TSC is a government body that registers trained teachers and employs them to conduct teaching of students at public schools countrywide.

It also adopts rules and monitors compliance in the entire teaching profession in the country aside from developing policies and providing advocacy that responds to individual student goals and community needs.

What are the requirements to be registered as a teacher by TSC?

For new teachers to be registered and receive a TSC number for a teaching certificate granted by the Teachers Service Commission, there are necessary requirements they must meet to become certified to teach in Kenya.

Register for Teachers Service Commission TSC

However, because TSC recruits teachers for service in all public primary and secondary schools, these requirements are mostly based on their educational level.

Generally, to teach at secondary and high schools, one must have earned a bachelor’s degree from an accredited institution with a major in two subjects they plan to teach.

On the other hand, new teachers must have completed teacher training and preparation programs at the diploma level to register and get a TSC number.

How do I get a TSC number as a new teacher in Kenya?

If you are sure you meet the eligibility requirements to get registered by the Teachers Service Commission and ultimately receive a TSC number, it is worth knowing how to do it:

N/B: Go first to the Teachers Service Commission County Director or Quality Assurance Officer to get your documents physical-checked for ratification before you begin this online registration process for TSC numbers in Kenya

What you’ll need;

* Scanned original educational and professional certificates
* Scanned National ID or passport
* Bank slip
* One passport-size photo
* KRA pin
* GP69 Medical Form
* Certificate of good conduct
* Entry and work permit for non-Kenyans.
* A ksh1,050 registration fee

Applying for a TSC number online

Step 1: Visit the TeachersOnline website at tsconline.tsc.go.ke

Step 2: Go to the New Registration For Kenyan Citizens and fill in the required details like name, ID number, and phone number. Here, TSC will also ask you some questions to determine the application pathway that best fits your credentials. Answer them and hit ‘Next’

Step 3: You will have opened Section B. Supply the information needed on this page whereby you will give, among them, your mailing address, e-mail address, and residency and confirm your Kenyan citizenship status

Step 4: Click Next, and from the menu, enter your education information

Step 5: Upload the certificates proving your educational qualification alongside any other qualifying professional documents

Step 6: Upload a scanned copy of your National ID and continue to the last step of the TSC self-registration for TSC numbers

Step 7: Move to answer a few moral character questions, then proceed to pay the Ksh1,050 application fee via online checkout using either Mpesa, Airtel Money, KCB Cash, Equity Cash, or E-Agent

Afterward, the Teachers Service Commission will go through your application, and if you meet the set qualifications, you will get a certificate of Registration bearing a TSC number within 30 days.

 

 

Channels on GOtv Max in Kenya (2024)

The New Prices for GOtv Packages From Next Month - 2024

GOtv Max is a subscription package from GOtv Kenya that lets you watch over 60 channels showing full seasons of exclusive series, hit movies, Originals, kids’ shows, sports, and more for just Ksh1,449 per month.

Including GOtv Max, GOtv Kenya offers a total of six monthly plans for a variety of budgets: the others are GOtv Lite, the service’s base bouquet at Ksh199 with slightly over 20 channels, GOtv Value at Ksh649 with a channel lineup of 35+, GOtv Plus, costing Ksh999, and GOtv Supa and Supa+ for Ksh1,899 and Ksh3,500, respectively, making GOtv Max the fourth cheapest package less by Ksh2,001 than the most expensive package, GOtv Supa Plus, but with endless entertainment.

To help you decide whether GOtv Max is the right subscription package fit for your TV content needs, we rounded up all of the plan’s available channels for subscribers in Kenya based on category or genre.

What channel does GOtv Max have in 2024? (Ksh1,449/month)

As seen, the GOtv Max TV lineup features over 60 channels in Kenya to choose from. Here are they;

General Entertainment

1. Maisha Magic East
2. Maisha Magic Bongo
3. Africa Magic Family
4. ROK 2
5. Magic Showcase
6. Maisha Magic POA
7. Mambo Moto
8. Zee World
9. Star Life
10. TeleMundo
11. TLNovelas
12. Real Time
13. E! Entertainment
14. Discovery Family
15. CBS Reality
16. BET
17. Maisha Magic Plus

Movies channels

18. Africa Magic Epic
19. M-Net Movies 4
20. Movie Room
21. TNT Africa
22. CineMagic
23. B4U Movies

Lifestyle and Culture

24. Food Network

Documentary

25. NatGeo Wild
26. ID

Sports

27. SS Blitz
28. SS Football
29. SS LaLiga
30. SS Select 1
31. SS Select 2
32. ESPN

Local channels

33. KBCTV
34. NTV
35. Citizen TV
36. KTN
37. KTN News
38. TV47
39. K24
40. Weru TV
41. Inooro TV
42. KASS TV
43. Kameme TV
44. Ramogi TV
45. Hope TV

Kids and Teens

46. JimJam
47. Disney Junior
48. PBS Kids
49. Moonbug
50. Nickelodeon
51. Cartoon Network
52. Akilli Kids

Music

53. MTV Base
54. TRACE Mziki
55. Trace Gospel

Religious

56. Faith
57. Islam
58. Emmanuel TV

News and Commerce

59. BBC News
60. Al Jazeera
61. CNN International

Audio/Radio

62. Classic FM
63. Milele FM
64. Radio Maisha
65. Hope FM

KDF Recruitment 2024: When Is Kenya Defence Forces Recruiting?

KDF Recruitment 2024: When Is Kenya Defence Forces Recruiting?

The Ministry of Defence ended the last fiscal year on a promising note for military recruiting after enlisting slightly more than 1600 General Service Officer (GSO) Cadets, Specialist Officers, General Duty Recruits, Tradesmen, and women and Defence Forces Constables in the recruitment exercise that took place between August 28 ending September 8, 2023.

This year, everyone is optimistic that the Kenya Defence Forces (KDF) will widen the net for recruits to reach its active duty accession goals, which may stand at the same number or more, and the big question on the minds of many would-be members of Kenyan military is when the KDF recruitment will take place in 2024.

Even so, KDF rarely falls short in its recruiting goals because of factors like the high unemployment rate in the country and the eligibility of many young Kenyans to serve in the military, which often lead to high turnout on recruitment days.

When is KDF recruitment in 2024?

Every year, the KDF, Kenya Defence Forces, comprised of three main branches, Kenya Army, the Kenya Air Force, and the Kenya Navy, staff the force with recruits for military training before they can be deployed to protect and defend the people and the country against external aggression and to uphold and advance its national policies and interests.

Until now, KDF has not announced to the public the official dates for recruiting prospective troops in 2024, and thus, nobody knows when KDF recruitment 2024 will take place, and you can’t predict.

Looking at the past years, you will see that the recruiting patterns in the Kenyan military have been unpredictable. In 2019, KDF recruitment started on November 27, in February for 2020/2021, in November for the 2021/2022 recruitment drive, and in August for 2023.

 

DStv Access Pricing and Channel Lineup 2024

DStv, a subscription-based satellite television, makes some great packages for modern TV viewers, and one of its favorites is DStv Access for only Ksh1,300 per month, supporting over 95 channels and seven other HD channels.

It is a popular way of accessing affordable entertainment in Kenya if you are a holder of a DStv decoder because its monthly price of Ksh1,300 makes DStv Access the second cheapest DStv package in the country after the basic DStv Lite plan costing Ksh650/mo, further from its impressive channel lineup to watch a wide range of TV programs and films of crave-worthy genres including reality, lifestyle, food, true crime, and more.

List of DStv Access channels in Kenya

Check out some of the channels available on the DStv Access package in 2024:

1. E! Entertainment
2. M-Net Movies 4
3. B4U Movies
4. Africa Magic Family
5. Africa Magic Hausa
6. Africa Magic Yoruba
7. Africa Magic Igbo
8. Maisha Magic East HD
9. Maisha Magic Plus HD
10. NatGeo Wild
11. Wild Earth
12. Discovery Family HD
13. Kameme TV
14. NTVU
15. Zanzibar TV
16. TVE Tanzania
17. FAITH
18. Eternal Word Television Network

Eternal Word Television Network
19. Citi TV
20. KASS TV
21. TV47
22. Inooro TV
23. NTV
24. KTN
25. Citizen TV
26. KTN News

lOCAL CHANNELS ON DSTV
27. K24
28. Spice TV
29. Trybe
30. STN TV
31. TBC1
32. BBC World News

Watch bbc news in kenya
33. Newzroom Afrika
34. Al Jazeera
35. Africanews
36. SABC News
37. Plus TV Africa
38. CGTN News
39. CGTN French
40. NDTV 24×7
41. Arise News
42. Joy News
43. NHK
44. CCTV 4
45. Wasafi TV
46. Plus TV Africa
47. Y254
48. Cbeebies
49. Mindset
50. Disney Junior
51. Nickelodeon
52. JimJam
53. Safari TV

Watch interesting tv channels dstv
54. SS Blitz Africa
55. SS Variety 4
56. ISLAM CHANNEL
57. Emmanuel TV
58. Dove TV
59. Dominion TV
60. SBN
61. TRACE Mziki
62. MTV base
63. HIP TV
64. Sound City
65. Pearl Magic Loko
66. Maisha Magic POA
67. Africa Magic Epic
68. TeleMundo
69. Day Star
70. TBN
71. CCTV Entertainment – Mandarin Entertainment Channel
72. RTPi (P)
73. TV Mundial (P)

Aside from DStv Access and Lite packages, other DStv subscription plans in Kenya are DStv Family with over 120 channels and 10 HD channels for Ksh1,850 per month, DStv Compact having 135+ and 22 HD channels, Compact Plus with 15 more normal resolution channels than the Compact package and costing Ksh6,200 monthly and finally, DStv Premium priced at Ksh9,900 per month but with 175+ channels and 38 HD channels for live TV alongside on-demand content.

 

List of Britam Insurance Hospitals in Eldoret

List of Britam Insurance Hospitals in Eldoret

As your local health plan, for nearly six decades now, est. 1965, Britam has remained dedicated to improving the health and well-being of all of Kenya to help people live healthier lives by making the health system work better for everyone.

It is a commitment it delivers through its affordable medical plans designed to help individuals and families manage out-of-pocket costs associated with getting quality treatment when they visit hospitals.

Britam Health Insurance Covers makes it easier and more convenient for members to get care, with a reliable network of doctors and other health providers in over 600 hospitals countrywide.

Today, we’ll look at hospitals approved by Britam to receive and treat patients who are its members in Eldoret, Uasin Gishu county:

Find a doctor: Hospitals accepting Britam in Eldoret

Good health and wellness takes a year-round, coordinated effort. Here are the hospitals and care facilities that work with Britam Health Covers in Eldoret;

1. Cedar Hospital Limited at Sosiani Street, Eldoret town – Outpatient/Inpatient
2. Race Course Hospital in Langas along Kisumu Rd – Outpatient/Inpatient
3. SOS Medical Centre at Kapsoya Estate – Outpatient
4. Cedar Clinical & Associates in Eldoret, Makasembo Road – Outpatient
5. Bliss GVS Eldoret clinic at Eldoret Western Stage – Outpatient
6. Bliss GVS Eldoret clinic in Zion Mall, Opposite Bargetuny Plaza – Outpatient
7. Moi Teaching & Referral Hospital (Memorial wing) along Nandi Road, Eldoret – Inpatient

In the nearby Kapsabet town in Nandi County, if you have a Britam Health Insurance card and are sick, you can visit either Kapsabet Health Care Centre, Chepsoo Medical Center, or Meswo Medical Center, all within Kapsabet township, and Britam will provide quality treatment and prescription drug coverage.

You might also be interested to see which hospitals you can visit when you are in Kisumu because as a Britam member you’re covered for emergency and urgent care anywhere in Kenya:

List of Britam-approved hospitals in Kisumu

Check Britam’s full listing of participating physician groups and hospitals in Kisumu areas;

1. Bliss GVS Healthcare Kisumu at Al Imran Plaza, 2nd floor, Kisumu City – Outpatient
2. Bliss GVS Healthcare Kisumu at Nakumatt Mega Mall – Outpatient
3. Inuka Hospital Milimani in Milimani, Kisumu – Outpatient/Inpatient
4. Inuka Hospital Kisumu CBD – Outpatient
5. St Jairus Hospital Kisumu – Outpatient/Inpatient
6. Port Florence Hospital in Milimani and Otonglo – Outpatient/Inpatient
7. Equity Afia Kisumu Kondele – Outpatient
8. Equity Afia Kisumu CBD – Outpatient
9. Bondo Medical Centre in Bondo Town near Bondo Post office – Outpatient
10. Bama Hospital in Saiya Town – Outpatient/Inpatient
11. Oasis Siaya at Western Lake, Saiya Town – Outpatient/Inpatient

How much is Britam Health Insurance in Kenya per year in 2024?

Hospitals accepting Britam

Across Kenya, Britam offers health benefit plans for all ages, all lifestyles, and all kinds of budgets. It has several medical plans that cover basic health care services and inpatient and outpatient needs with optional add-ons like maternity, dental, and optical.

The average annual premiums for its health plan coverages vary depending on the cover type you will sign up for, which relates to hospital limits and benefits, meaning the more comprehensive a health cover is, the more expensive it is.

For example, the costs for its most affordable plan, Britam Bima Ya Mwananchi, start from Ksh4,600 per year with a shared benefit of Ksh75,000 to Ksh500,000 but don’t cover general health examinations not related to diagnosis and accident-related treatments unlike other plans like Essential 1 and Essential 2 whose annual premiums start from Ksh8,127 with lifetime cover, oversees treatment, free wellness check-up every year, among many other advantages.

Check out the average cost of Britam Health Insurance by plan type;

Britam Health Insurance Cover Age of member Annual premiums (2024) Hospital benefit limits
Bima ya Mwananchi 18 – 75 From Ksh4,600 Ksh75,000 to Ksh500,000
Essential 2 Plan 18+, Lifetime cover From Ksh8,127 Ksh300,000 to Ksh2 million
Essential 1 Plan 18+, Lifetime cover From Ksh9,001 Ksh300,000 to Ksh5 million
Premier Plan 18+, Lifetime cover From Ksh11,009 Ksh300,000 to Ksh10 million
Advantage Plan 18+, Lifetime cover From Ksh17,332 Ksh300,000 to Ksh10 million

READ: Hospitals to Go for Medical Care With Britam Health Insurance in Nairobi

 

 

What Is the Central Depository Agent (CDA)?

What Is the Central Depository Agent (CDA)?

Companies and individuals that regularly engage in securities, fungible and tradable financial instruments like stocks or shares, limited investments, bonds, debentures, and other types of exchange-traded funds in Kenya are likely to interact with CDA – Central Depository Agent.

Central Depository Agents are banks and stockbrokers who execute buy and sell orders of securities only on behalf of clients and are not proprietary traders.

If we were in the Mongoloid era, CDAs could be the Nairobi Securities Exchange (NSE) floor brokers representing client orders manually on the trading floor. However, today, technology has brought flexibility by reducing complexity and enhancing performance even in the main markets, and they can now handle almost everything electronically.

With this expansion, CDAs can now offer their clients the ability to trade in all Kenyan securities listed on the NSE by registering them on the authorization of the Central Depository & Settlement Corporation Limited (CDSC), which was established in 1999 to reduce costs related to traditional central securities depositories that even had issuance of physical certificates and long duration transactions and provide clearing and settlement efficiencies by immobilizing securities and accessory rights in the stock market.

When CDAs register clients, it basically includes them in the Central Depository System (CDS), an enabler for everyone who wants to trade in NSE-listed securities. If you want to get a CDS account in Kenya, here are the CDAs you can talk to;

CDA: Banks and stockbrokers licensed by CDSC in Kenya

This is the list of banks and broker-dealers licensed to be Central Depository Agents in Kenya by CDSC;

1. ABC CAPITAL LTD

ABC Bank House, Mezzanine Floor, Westlands
P.O Box 34137 – 00100 Nairobi
Tel: 2246036/2242534
Email: headoffice@abccapital.co.ke
Website: www.abccapital.co.ke

2. ABSA BANK KENYA PLC

Westend Building, 5th Floor, Waiyaki way
P.O Box 30120-00100 Nairobi
Tel: 4254561
Email: ABKETreasuryOperations@absa.africa
Website: www.absabank.co.ke

3. ABSA FINANCIAL SERVICES LTD

Westend Building, 5th Floor, Westlands
P.O. Box 30120 -00100
Tel: 4254000
Email: bfslbbkenya@barclayscorp.com
Website: www.absabank.co.ke

4. ACCESS BANK KENYA

The Address, 11th Floor, off Muthangari Drive
P.O. Box 34353 – 00100 Nairobi
Tel: (020) 2224235/6
Email: info@tnbl.co.ke

5. AFRICAN BANKING CORPORATION LTD

ABC Bank House, Mezzanine Floor, Woodvale Groove, Westlands
P.O Box 3610-00800 Nairobi
Tel: 2246712/2217856/7/8
Email: talktous@abcthebank.com
Website: www.abcthebank.com

6. AIB-AXYS AFRICA

The Promenade, 5th Floor, General Mathenge Drive
P.O. Box 43676-00100 Nairobi
Tel: 2242170/2220517
Email: invest@aib-axysafrica.com
Website: www.aib-axysafrica.com

7. APA INSURANCE LTD

Apollo Centre, 07 Ring Road Parklands, Westlands
P.O. Box 30065 -00100
Tel: 2862000
Mobile: 0720652272/0734652272
Email: info@apainsurance.org
Website: www.apainsurance.org

8. APOLLO LIFE ASSURANCE LTD

Apollo Centre, 3rd Floor, Ring Road Parklands, Westlands
P.O. Box 30389 – 00100
Tel: 3641000
Mobile: 0722276556/0733676556
Email: insurance@apollo.co.ke
Website: www.apollo.co.ke

9. BANK OF AFRICA KENYA LTD

Bank of Africa House, Karuna Close, Westlands
P.O. Box 69562 – 00400
Tel: 3275000, 254703058120
Fax: 2214166
Email: info@boakenya.com
Website: www.boakenya.com

10. CO-OPERATIVE BANK OF KENYA PLC

KUSCCO, Ground Floor, Longonot, Upper Hill
P.O. Box 48231 – 00100 Nairobi
Tel: 020 – 32076100/ 3276000
Mobile: 0711049000
Email: custodial@co-opbank.co.ke
Website: www.co-opbank.co.ke

11. CREDIT BANK PLC

Mercantile House, Koinange Street
P.O. Box 30088 – 00100, Nairobi Kenya
Email: customerservice@creditbank.co.ke
Website: www.creditbank.co.ke

12. DRY ASSOCIATES LIMITED

Loresho Ridges, Kyuna Rd – Loresho
P.O. BOX 684 – 00606
Tel: 0705799971/0705849429/0738253811
Website: www.dryassociates.com

13. DYER & BLAIR INVESTMENT BANK

Goodman Tower, 7th Floor, Off Waiyaki Way
P.O. Box 45396-00100 Nairobi
Tel: 3240000/227803/4/5
Email: shares@dyerandblair.com
Website: www.dyerandblair.com

14. EFG HERMES KENYA LIMITED

8th Floor, Orbit Place, Westlands Road
P.O. BOX 349-00623, Nairobi Kenya
Tel: 020 3743040
Email: KenyaOperations@efg-hermes.com
Website: www.efghermes.com

15. EQUITY BANK GROUP PLC

Equity Centre, Ground Floor, Hospital Road, Upper Hill
P.O. Box 75104 – 00200 Nairobi
Tel: 2262000/2736620/2262479
Mobile: 0711026000/0732112000
Email: info@equitybank.co.ke
Website: www.equitybankgroup.com

16. EQUITY INVESTMENT BANK LTD

Equity Centre, Ground Floor, Hospital Road, Upper Hill
P.O. Box 74454-00200 Nairobi
Tel: 2262030/2262477
Mobile: 254 763056000/ 254 763063000
Email: info@equityinvestment.co.ke
Website: www.equitygroupholdings.com/ke

17. FAIDA INVESTMENT BANK LTD

Crawford Business Park, Ground Floor State House Road
P.O. Box 45236-00100 Nairobi
Tel: 243811/2/3
Mobile: 0724721014/ 0733243811
Email: info@fib.co.ke
Website: www.fib.co.ke

18. FRANCIS DRUMMOND & CO. LTD

Hughes Building, 2nd Floor, Kenyatta Avenue
P.O. Box 45465-00100 Nairobi
Mobile: 0724256815
Email: info@drummond.com
Website: www.drummond.com

19. GENGHIS CAPITAL LTD

1st Floor Purshottam Place, Westlands Road
P.O Box 607 – 00612 Nairobi
Tel: 2774750/1/2
Email: customerservice@genghis-capital.com
Website: www.genghis-capital.com

20. HFC LIMITED

Rehani House, Banda Street
P.O. Box 30088 – 00100, Nairobi Kenya
Email: hfcustody@hfgroup.co.ke
Website: www.hfgroup.co.ke

21. I&M BANK PLC

I&M Bank Tower, 8th Floor, Kenyatta Avenue
P.O. Box 30238-00100, Nairobi
Tel: 3221200/ 3221217
Email: invest@imbank.co.ke
Website: www.imbank.com

22. KCB BANK KENYA LTD

Kencom House, Moi Avenue
P.O Box 30664 -00100, Nairobi
Tel: 3270000 / 0711012000
Email: custody@kcbgroup.com
Website: www.kcbgroup.com

23. KCB INVESTMENT BANK LIMITED

Kencom house, 2nd Floor
P.O. Box 48400 -00100
Tel: 3270000
Email: investmentbanking@kcb.co.ke
Website: www.kcbgroup.com

24. KESTREL CAPITAL (EAST AFRICA) LTD

Orbit Place, Westlands Road
P.O. Box 40005 – 00100, Nairobi
Tel: 2251758/2210719
Email: info@kestrelcapital.com
Website: www.kestrelcapital.com

25. KINGDOM SECURITIES

Co-operative Bank House, 5th Floor, Haile Selassie Avenue
P.O. Box 48231-00100, Nairobi
Tel: 3276000/ 3276676
Email: info@kingdomsecurities.co.ke
Website: www.kingdomsecurities.co.ke

26. NCBA BANK GROUP PLC

NCBA House, Masaba Road, Upperhill
P.O.Box 44559-00100 Nairobi
Tel: 2888000/ 2888444
Mobile: 254711056444/ 254732156444
Email: custody@ncbagroup.com
Website: www.ncbagroup.com

27. NCBA INVESTMENT BANK LTD

NCBA House, Masaba Road, Upper Hill
P.O.Box 44599 – 00100, Nairobi
Tel: 2888444 /2888000
Mobile: 254711056444/ 254732156444
Email: custody@ncbagroup.com
Website: www.ncbagroup.com

28. PRIME BANK LIMITED

Prime Bank Office, Riverside Drive
P.O. Box 43825-00100, Nairobi
Tel: 4203000/4203116/4203148
Fax: 4451247/4203204
Email: custodial@primebank.co.ke
Website: www.primebank.co.ke

29. RENAISSANCE CAPITAL (KENYA) LTD

Pramukh Tower 10th Floor, Westlands Road, Chiromo
P.O. Box 40560-00100 Nairobi
Tel: 3682339/36821100
Email: info@rencap.com
Website: www.rencap.com

30. SBG SECURITIES LTD

Stanbic Centre, 2nd Floor, Chiromo, Westlands
P.O. Box 47198-00100 Nairobi
Tel: 3638900/3638080
Email: sbgs@stanbic.com
Website: www.sbgsecurities.co.ke

31. SBM BANK (KENYA) LTD

IPS Building, 7th Floor, Kimathi Street
P.O. Box 34886 – 00100
Mobile: 0730175000/ 0773758196
Tel: 020 2248842
Email: customerservice@sbmbank.co.ke
Website: www.sbmbank.co.ke

32. STANBIC BANK LTD

Stanbic Centre, 2nd Floor, Chiromo Road, Westlands
P.O. Box 72833- 00200, Nairobi
Tel: 3638000 /3268000
Fax: 3752905/7
Email: customercare@stanbic.com
Website: www.stanbicbank.co.ke

33. STANDARD CHARTERED BANK PLC

Standard Building Chiromo, 48, Westlands Road
P.O. Box 40984 – 00100, Nairobi
Tel: 3293900/1543/3748023
Fax: 3748023
Email: ky.securities-services@sc.com
Website: www.standardcharted.com

34. STERLING CAPITAL LTD

Delta Corner Annex, 5th Floor, Ring Road – Westlands
P.O. Box 45080-00100, Nairobi
Tel: 2213914/2244077
Mobile: 0723153219/0734219146
Email: info@sterlingib.com
Website: www.sterlingib.com

35. SUNTRA INVESTMENTS LTD

Nation Centre, 7th Floor, Kimathi Street
P.O. Box 74016-00200 Nairobi
Tel: 2870000/2211846/2223330
Mobile: 0724-257024, 0733222216
Email: info@suntra.co.ke
Website: www.suntra.co.ke

36. THE NATIONAL TREASURY

Treasury Building, 2nd Floor, Harambee Avenue
P.O Box 300007- 00100, Nairobi
Tel: 2252299
Fax: 310833
Email: investmentsecretary@treasury.go.ke
Website: www.treasury.go.ke
(Only serves the Government of Kenya)

37. UAP OLD MUTUAL SECURITIES LTD

UAP Old Mutual Tower, 3rd Floor, Upperhill
P.O. Box 50338 – 00200, Nairobi
Mobile: 254 711065000/254 711065800
Email: clientservices@oldmutualkenya.com
Website: www.uapoldmutual.com

38. UNCLAIMED FINANCIAL ASSETS AUTHORITY

Unclaimed Financial Assets Authority
Pacis Centre, 2nd Floor, Slip Road, Off Waiyaki Way
P.O. Box 28235 – 00200, City Square, Nairobi
Telephone: +254 020 4023000 | +254 706 866984
Email address: info@ufaa.go.ke
Website: www.ufaa.go.ke

These CDAs help in ratifying CDS 1 forms when opening CDS accounts to trade shares of companies on CDSC in respect of the Nairobi Securities Exchange.

READ: How to Buy Shares in Safaricom (2024)

 

How to Buy Shares in Safaricom (2024)

How to Buy Shares in Safaricom

Buying Safaricom shares is one form of investing, the process of using money to potentially generate profitable returns.

We know all investments carry a varying degree of risk: the value of investments can fall as well as rise because they are subject to market volatility, and you could get back less than you invest.

But once you’ve decided you’re comfortable with the risks involved in investing in shares in the stock market, your next step in this article is to learn how you can buy Safaricom stocks in Kenya;

How to buy Safaricom shares online

Shares and stocks mean almost the same thing – they are financial instruments used by public companies to raise capital – but stocks largely represent the holder’s part ownership, in this case, Safaricom, while shares are the small units you will get when you buy them.

Only shares in publicly traded companies are available for purchase and sale, and Safaricom is one of them. It is the largest mobile operator in Kenya, listed on the Kenyan stock exchange Nairobi Securities Exchange (NSE) as SCOM in its Main Investment Segment.

When you buy SCOM shares, you own a slice of Safaricom PLC as a shareholder, and you stand to receive final dividends at the end of each financial year.

In the last three years, Safaricom has been paying shareholders between Ksh48 billion and 55 billion on average, and in the previous year, 2023, each received a dividend per share amount of Ksh1.20.

Safaricom’s lucrative dividend yield reflects its long-standing policy of returning value to shareholders, and you might be considering investing in its shares: How do I buy shares in Safaricom?

Step 1: Open a CDS account

A CDS account is a Central Depository System, a fully-fledged automated financial market infrastructure that holds and enables the transfer of fungible securities, such as shares, stocks, and equities, allowing investors to trade them in a centralized system.

In Kenya, CDS is operated by CDSC, the Central Depository & Settlement Corporation Limited, on approval by the Capital Markets Authority to register accounts for new investors and banks wanting to trade in securities listed in the Nairobi Stock Exchange and other non-listed ones, maybe in the Growth Enterprise Market Segment (GEMS).

So, to start buying Safaricom shares, you must have a CDS account. To register one as an individual, you need;

* 2 clear passport-size photographs
* A copy of your original ID or a valid passport
* Certificate of incorporation for companies
* Certificate of registration for organizations

Download the CDS account registration form CDS 1, fill in the details, attach the required documents, and sign before your Central Depository Agent (CDA), a bank, or a stockbroker authorized by CDSC to open securities accounts.

Your CDS account will be ready in less than 24 hours, and you can now proceed to the next step;

Step 2: Download the Dosikaa app

How to buy Safaricom shares online

Dosikaa is an online trading app by CDSC designed to make the Kenyan capital markets accessible to everyone through smartphones. It is available on major app marketplaces like Google Play and App Store for iPhone users.

After downloading the app, sign in using the email and phone number used during registration, and your CDSC account will be linked immediately. Here, you are ready for the final step:

Step 3: Buying Safaricom shares

Upon accessing your CDSC account via Dosikaa, you will see the stockbroker or the bank that helped you with account opening, and you can make real-time order placement to buy Safaricom shares.

To facilitate any share purchases online, an investor deposits funds through the stockbrokers since the mobile application only serves as an intermediary between the investor and the broker to aid in stock trading.

The good thing is when you want to buy Safaricom shares and your stockbroker is not listed on Dosikaa, you can create other CDS accounts with different brokers within the app and buy the shares.

What is the minimum amount to invest in Safaricom shares?

You don’t have to have a lot of money to start investing. First, opening accounts with CDSC and brokerages is free, and then you can purchase Safaricom shares.

In the previous annual general meeting of Safaricom shareholders, they emphasized that the minimum amount of shares to be bought by first-time investors is 100 units, which may cost roughly between Ksh1,300 and Ksh1,500 now that in NSE, it goes for approximately Ksh13 per share.

Can you buy Safaricom shares via Mpesa?

Note that you cannot just start buying Safaricom shares from nowhere. Ignore the articles providing wrong information. Before you send money to strange Mpesa pay bill numbers, know that if you intend to trade in shares listed on the Nairobi Stock Exchange, you must have an account with the central depository system CDSC for a faster, easier, and safer way of trading at the exchange for Mpesa only provides a means of depositing money in your CDS accounts and receiving dividends later on after holding and growing your Safaricom shares.

 

 

 

 

2024 Mpesa Charges in Lesotho

2024 Mpesa Charges in Lesotho

In Lesotho, Vodacom Lesotho of Vodacom Group operates Mpesa, the popular and affordable mobile money service the telco introduced in 2013 to expand financial inclusivity amongst the county’s population using phones.

Mpesa allows cash withdrawals at Vodacom Mpesa agent shops, paying bills and other goods and services in merchant shops, sending money to people and businesses, and buying airtime, some costing something before it can be completed, and others free, for example, airtime purchases.

The transactions that cost money are withdrawals, sending money, and merchant payments. However, today, we are going to look at Mpesa charges in Lesotho for withdrawals and send money, and we’ll start with withdrawals;

Mpesa withdrawal tariffs Lesotho 2024

These are charges that a customer incurs depending on the amount of transaction when withdrawing funds from Vodacom Mpesa agents in Lesotho;

Amount to withdraw Updated withdrawal charges
M10 to M50 M1.73
M51 to M100 M2.60
M101 to M250 M3.91
M251 to M500 M5.85
M501 to M1,000 M8.77
M1,001 to M2,000 M12.61
M2,001 to M3,000 M12.73
M3,001 to M4,000 M12.98
M4,001 to M5,000 M13.16

The maximum amount per transaction is M5,000, and you cannot withdraw less than M10 from Vodacom M-PESA agents outlet in Lesotho.

Mpesa send money fees in Lesotho

These are charges that a customer incurs depending on the amount of transaction when sending money to Vodacom registered users within Lesotho today;

Amount to send Mpesa charges 2024
M10 – M50 M1.16
M51 – M100 M1.73
M101 – M250 M2.60
M251 – M500 M3.91
M501 – M1,000 M5.85
M1,001 – M2,000 M8.40
M2,001 – M3,000 M8.49
M3,001 – M4,000 M8.65
M4,001 – M5,000 M8.77

 

Mpesa: Withdrawals, Tariff of Charges 2024

0
Each month, more than 30 million people in Kenya use Mpesa services, according to its operator Safaricom, making the country M-PESA’s most active market...