Co-op Bank has signed a Loan Portfolio Guarantee Agreement with African Guarantee Fund (AGF) for Small and Medium-sized Enterprises.

The loan amounts to Kes.750 Million that’s set to increase financing of green transactions in Kenya.

The guarantee facility will enable Co-op Bank, on one hand to strengthen its commitment to financing Micro, Small and Medium-Sized Enterprises (MSMEs).

On the other end, to promote emerging corporates in Kenya that are involved in green energy and solar installation projects.
According to data from the International Renewable Energy Agency, increased demand and technological advances have contributed to a significant decrease in solar photovoltaic (PV) systems costs over the years.

Solar costs have fallen by over 80% since 2010 while the levelized cost of energy generated by large scale solar plants is under Kes 10/kwh, compared to about Kes 38/kwh ten years ago.

The figures further indicate that between 2018 and 2019 alone, the price of solar power fell by 13%.

Commenting on the signing of the agreement, the Director – Corporate & Institutional Banking at Co-op Bank Jacquelyne Waithaka said,

“The challenge that banks and other financiers face in the financing of solar energy regards the kind of securities that customers offer as collateral for credit.”

“Solar panels and inverters, for instance, are not a preferred security because they cannot be easily liquidated in case of loan default. Co-op Bank’s partnership with AGF has created an instrument that overcomes this challenge, thereby giving the bank considerable ability to finance solar energy programs effectively.” She adds.

“Energy costs remain one of heaviest input costs for many MSMEs. This partnership is expected to have large positive impact on MSMEs involved in manufacturing, light industry and agro-processing by reducing the cost of doing business thereby making them more competitive.” The director further says.

For the environment, successful uptake of the scheme will lead to the reduction in Carbon emissions.

It is also expected that as the prices of solar technologies continue to come down and AGF continues to develop other products, a greater number of Kenyans will afford renewable energy products and services,” she added.

AGF Group Director of Business Development Franck Adjagba reaffirmed AGF’s commitment in promoting a sustainable economic growth in the country.

He said, “Banks in Kenya are in dire need of risk mitigating instruments to support their lending activities to SMEs. However, we should aim for economic growth without degrading the environment.”

“Sustainability improves the quality of our lives, protects our ecosystem and preserves natural resources for future generations. Our partnership with Co-op Bank today reflects our commitment to increase financing of businesses in the green sector.” He adds.

Through this partnership, Co-op Bank will avail the opportunities to customers across the country.

Another European football night is here with us and as usual Mozzart Bet is offering the world’s biggest odds in three matches tonight.

FC Midtjylland win over Ludogorets, Odds 2.05

Both sides went through the qualification rounds for the Champions League but dropped down to the Europa League.

Midtjylland come into the game on the back of a strong start to the domestic season having won six of their opening eight league games.

They recently suffered an embarrassing 2-0 defeat to rivals Brondby but bounced back with a convincing 2-0 home victory over Nordsjaelland on Friday.

They now look to build on that with what would be an important opening win in the Europa League against Ludogorets.

Ludogorets arrive for this fixture in an impressive run of form having won their last four games in all competitions. They have also won all of their first five domestic games to sit at the top of the Bulgarian top flight.

Kickoff 1945 EAT.

West Ham win over Dinamo Zagreb, Odds 2.05

The Hammers achieved automatic qualification after finishing sixth in the Premier League last season, while their Dinamo Zagreb fell short in the qualifying rounds for the Champions League.

Dinamo Zagreb will look to build on a strong start to the domestic season, having collected 16 points from their opening seven games, with what would be an impressive opening victory.

They will also hope to replicate last season’s performance in the Europa League as they staged an eye-catching comeback against Tottenham Hotspur to seal a 3-2 aggregate victory after a 2-0 away defeat, reaching the quarter-final before they were knocked out by eventual winners Villarreal.

David Moyes’ West Ham come into Thursday’s game on the back of consecutive draws, most recently a stalemate with Southampton and they will hope to mark their return to continental football with an away victory

Kickoff 19:45EAT.

Partizan win over Anorthosis, Odds 2.20

Anorthosis come into this on the back of a disappointing 2-0 defeat away to Doxa in the Cypriot league over the weekend.

That defeat ended the team’s impressive run of form – they had been unbeaten in their last four matches.

They come up against a Partizan Belgrade side that have been impressive in back-to-back victories against Radnicki Nis before and after the international break in which they scored seven goals and conceded just one.

That followed an impressive UEFA Europa Conference League playoffs victory against Santa Clara of Portugal.

Kick off 2200 EAT.

With the European leagues in full swing, another night of thrilling action beckons in the UEFA Champions League and the UEFA Europa Leaguw.

Mozzart Bet is offering the world’s highest odds in clashes pitting Besiktas vs Borussia Dortmund, Sporting vs Ajax and Spartak Moscow vs Legia on Wednesday night.

Dortmund win over Besiktas, odds 1.70

With serious firepower from Erling Haaland who has scored 20 goals in his first sixteen Champions League outings, German side Borussia Dortmund take on Turkish opposition Besiktas in their opening Group C clash as favourites.

Being among the most prolific teams this season having already scored 13 league goals from four games – an average of 3.25 per match –

Dortmund head into the clash confident of outscoring their opponents and getting off their Champions League campaign to a perfect start.
Odds are also stacked against Besisktas who have lost all previous head to head records against Dortmund.

Kickoff 1945EAT.

Ajax win over Sporting, odds 2.35

An unbeaten Ajax take on Portuguese side Sporting in the other Group C Champions League opener looking to maintain their 100% record.

Out of four games, Ajax have not lost any match they have played in the Dutch Eredevisie, a record that will give them the upper hand heading into the European opener.

What is more, the last time Ajax took on Portuguese opposition in Benfica back in the 2018/2019 campaign, the Erik ten Hag side did not taste defeat as they amassed four out of six possible points in the two legs.

Sporting head into the clash with distant memory of what winning feels like as they have drawn their last two matches.

Kickoff 2200EAT.

Spartak Moscow win over Legia, odds 1.95

Russian powerhouse Spartak Moscow take on Polish side Legia in their opening Group C clash of the Uefa Europa League seeking to get going from the word go.

With home advantage in their favour, the Russians are looking to take advantage of a wretched Legia side that has not won in its last two matches heading into the clash.

Coming from a morale boosting win over the weekend, Moscow get the edge over Legia.

Kickoff 1730EAT

A new relationship? It’s like walking in the woods after dark.

There’s a lot of bumping into strange new things. There’s no knowing what kind of surprises lurk in the shadows of their partner’s personality.

Maina, fondly known as Maish – lives in a bedsitter in a residential block along Forest Road. It’s a bit cramped and pricey, but worth it. Shiny tiles, functional hot shower head, and close to his work place. He walks. Life has been pretty cool, till Brenda waltzed into his life.

Maish is now in a quagmire.

He met Brenda met on Facebook. The usual way. She liked posting memes. Maish first responded with emojis. Laughing emojis.

In between, she’d drop a selfie – and she was striking – filters notwithstanding. She had dimples, man. Dude graduates, emoji-wise. The love emoji. Red is a warm color.

Then he slid into her DM. He gets her Whatsapp number. They start chatting. Meaningless, at first.

How chilly is Nyandarua? Maish would want to know if it snowed there in July 1998.

Do you love chips? They are called fries, she’d remind him.

Can you operate a wheelbarrow? She confided that her dad owns 8 wheelbarrows.

Maish didn’t think it an engineering marvel that needed any sort of certification. Plus, he deemed himself an hustler.

He shares his grand life plan: save half of his salary to set up a business. He planned to buy a fleet of trollies to sell sausages and eggs on road intersections.

Brenda challenges him: Defend your thesis.

Easy. He’d rattled off a list – no overheads like rent, and council licensing. Profits are double-double. It seemed waterproof. He’d asked what she was doing.

Brenda says she’s a fresh graduate. Has a teaching degree from Maseno. But she intimates that she doesn’t look forward to a stint as a TSC employee.

She nails it further with a solemn declaration: Not even if ‘they tripled salaries’ at TSC.

Well, Maish had a rather noble regard for high school teachers. Brenda had started an online fashion business in campus. It had turned out rather well. She’d rattle off figures she’d achieved as profits. In campus.

If it wasn’t for her mother’s fragile heart, she’d have dropped out.

Maish was falling in love. Here’s an hustler. In the flesh – not just some hyped political rhetoric. He asked for a date, on her next resupply run to the city. She didn’t promise ‘anything’.

One Friday, Maish is at work. He receives a call from Brenda. She’s in town, she’d come in for some new stock. Maish says he cannot get off work in time – no worry, she’d be happy to come over see him at his place.

Send me a location pin on Whatsapp, she says.

What? For real? Dude’s heart is racing. A lot can go wrong for a first meeting. He starts ticking off the list in his head.

Did I flush the toilet this morning?

Did I get my dirty boxers off the coffee table? No, he’s still in them.

He feigns headache and gets off work half an hour earlier. He sprints home. Other than a flooded room, all is well. He’d forgotten to close the taps that morning. But he didn’t have a carpet, nothing to worry about.

Brenda arrives in a cab. That’s impressive,

Maish thinks. Not so much, though, when he started hauling up bales and cartons to the 8th floor. Brenda had a ton of luggage. It’s my new stock, babe. He blushes, she giggles – oops, I just called you babe. He gets a spring in his step.

Back in the bedsitter, there’s barely enough space left to breath. Or, fart. He’d had matoke and guacamole for lunch. Maish squeezes next to her on his two-seater. To break the ice, he asked her why they call an avocado, ‘guacamole’.

She didn’t hear him.

Brenda was busy. She had a phone on each hand. She was checking her social media accounts.

“Babe, am getting hits. How far is USIU from here” She asks.

If his life depended on it, Maish would have died on that day. He didn’t have a clue where USIU was – or what USIU stood for. Before he could figure it out, she was calling someone.

It was a boda boda guy. Yaani, barely ten minutes in his bedsitter, she had a boda boda guy.

“Babe, fungua hio box pale….no, no, si hio…this one. I marked it. Check for a pink kimono dress”.

Brenda is pointing with her phone to a box on the bed. It’s in the bottom row.

“Msee wa boda is coming to pick it. He’s delivering to USIU in the next few.” She says.

She speaks in a fast staccato – hardly the ‘memes girl’ Maish had imagined. He hefts and heaves on the boxes. A pink something, and something chiffon.

Brenda hands him the package.

“Babe! Hurry up! Go downstairs and give it to the boda guy at the gate. Thanks, babe”.

Maish runs down the stairs, gripping the rails.

The last time he did this, the KPLC guy was threatening to disconnect his power meter. The previous occupant of his bedsitter had ‘doctored’ the meter’.

He finds the delivery guy, hands over the package. He just rides off.

As Maish labors up the stairs, he’s in a dilemma. He realises living on 8th floor is not wise. Then, have we just been robbed?

He gets in. Mumbles something about the bike guy not giving him any money.

“Baaaaabe, don’t worry. That’s just a delivery guy. My clients pay online. Tushalipwa!” She says, hugging him. As he holds her, he smells her weave. It’s an expennsive synthetic. He could feel two phones in her hands digging into his back.

Instead of some TLC, Maish is treated to a business crash course on Co-op Bank e-commerce solutions. Brenda says she doesn’t have a business website – but, still……..

Co-op Bank e-Commerce solution works without a website. The merchant receives a unique link (Pay-By-Link) which they use to invoice their customers.

It works in a simple process:

  • Once the merchant and the customer agree on the pricing, the merchant sends the payment link to the customers email address.
  • The customer will receive an invoice with the link on their email.
  • The link will open up a portal where the customer will insert their card details and the amount they are to pay.
  • Once the payment goes through, the merchant will receive a payment confirmation via email and SMS.
  • The customer will also receive a notification via SMS in the event they have subscribed to SMS alert with their card provider.

John Nyoike, a welder from Naivasha, Nakuru County is smiling all the way to the bank following his windfall of Ksh9.9M with Kenya’s leading betting firm Mozzart Bet on Wednesday after staking Ksh.1,150 on 10 games.

Nyoike placed ambitious bet on Bournemouth win against Birmingham City, Derby County win over Hull City, Both Teams to Score in Middlesbrough clash against QPR, Blackburn win over Nottingham Forest, Sheffield United to lose against West Brom, Benfica win over PSV, Malmo win over Ludogorets, Ferencvaros lose against Young Boys, Celtic win over AZ Alkmaar and Leinknir win against Volsungur.

Speaking to Mozzart Bet, the 44-year-old revealed why he chose to dip into the tricky English Football League (EFL) Championship and the less fancied Icelandic league.

“It is a league I understand well, sometimes it is really unpredictable but I have experience in it because even in my last big win I had a number of games from Championship in my bet slip,”

“I also bet on the UEFA Champions League qualifiers and did some research on their previous performance, I also placed a bet on Icelandic teams which is a league I like so much because home teams rarely lose,” said Nyoike.

The father of three who is a welder in Naivasha Town that specializes in window panes, doors and gates had previously won Ksh.98,000 and Ksh 169,000 with Mozzart Bet, the latter being his biggest win before the recent windfall.

Nyoike opened up on why he has made Mozzart Bet his favorite gaming platform.

“I placed a huge amount not because I was confident of winning but in the event that I win, I never want to regret and say I wish I knew because that happened the last time I won Ksh.98,000.”

“I want to buy a car, land and invest into business with the money that I have won” noted Nyoike.

This comes barely a week after one of the Mozzart Bet users walked away with the maximum payout of Ksh.10 million as Nyoike offered a piece of advice to gamblers after the start of all major European leagues.

“I like Mozzart because you get huge bonuses and every Monday when I log into my account I get some bonus” He says.

“For those who are betting, I would advise them to focus on the top European league because they are now back and bet consistently because you know more about the form of a team and do a lot of research like injuries and form,” added Nyoike.

Co-op Bank Group is pleased to report a Profit Before Tax of Kshs.10.5b for the second quarter of 2021, a commendable 10% growth compared to Ksh.9.6b recorded in the second quarter of 2020.

This represents a strong Profit After Tax of Kshs.7.4b compared to Kshs.7.2b reported in second quarter of 2020.

The bank reported growth in different areas in the same period last year. Notably, Total Assets grew by Kshs.59.1b to Ksh.573b up from Kshs.513b.

In the credit department, net loans and advances book grew by Kshs29b above the previous years Kshs.272b.

Other notable growths include investments in Government securities from Kshs.182b to Kshs.301b.

The group attributes this growth to several factors: A robust Credit Management initiative and the De-centralization of Loan Portfolio Management

In credit management, there’s a Credit Risk Adaptation Project dubbed ‘Project Kilele’ that’s supported by a Global consulting firm which involves an end-to-end assessment of credit risk management practices, an effort to strengthen portfolio assessment and risk frameworks.

Besides, this seeks to enhance collection platforms aligned to the new business operating environment.

The Decentralization of Loan Portfolio Management to the Branches, Lending Units and Relationship Management teams has enhanced collection activities.

The project dubbed ‘3C’ (Connect, Collect, Cure) entails proactive management of the Credit book re-assigned from Remedial Credit to Branches and Business Segments.

Co-op Bank Group also attributes success to A Strong Digital Footprint.

This has enabled the bank move 93% of all customer transactions to alternative delivery channels, an expanded 24-hour contact centre, mobile banking, 576 ATMs, internet banking and over 25,000 Co-op Kwa Jirani banking terminals.

The key focus lies on digital banking, with the all-telco Mco-op Cash Mobile Wallet continuing to play a pivotal role in the growth of non-funded income with 5.2 Million customers registered and loans worth Kshs 33.5 Billion disbursed year-to-date, averaging Kshs. 5.6 Billion per month.

The bank also pursues a unique model of retail banking services through Sacco FOSAs that enables the bank provide wholesale financial services to over 479 FOSA outlets, and issue over 1.4 million Sacco-Link cards.

The group’s Subsidiaries, too, continue to post impressive statistics.

Co-op Consultancy & Insurance Agency posted a Profit Before Tax of Kshs 433.8 Million, riding on strong penetration of Bancassurance business.

However, Co-op Bank of South Sudan – that’s a unique joint venture (JV) partnership with the South Sudan Govt (Co-op Bank 51% and GOSS 49%) returned a monetary loss of Kshs 290 Million in Q22021 attributable to hyperinflation accounting due to currency devaluation of the South Sudanese pound.

Co-op Trust Investment Services contributed Kshs. 47.9 Million in Profit Before Tax in Q22021, with Funds Under Management standing at Kshs. 179.4 Billion.

Kingdom Bank Ltd (which Co-op Bank holds a controlling 90% equity interest), has contributed a Profit Before Tax of Kshs. 275 Million in Q22021.

This is compared to 2020 full year loss of Kshs. 124 Million.

In regard to Long Term Financing for MSME’s, Sustainable Agriculture and Health sectors, the Group secured a long-term financing facility from the IFC (International Finance Corporation) in 2020, amounting to Kshs. 8.25 Billion for on-lending to MSMEs at affordable terms.

The proceeds of the facility will support customers operating Micro, small and medium enterprises (MSMEs) and businesses undertaking climate-smart projects, including agricultural inputs and sustainable agricultural practices, renewable energy, energy efficiency and related areas.

Co-op Group has also partnered with IFC and Philips in a first-of-its-kind support in Africa, for health sector operators towards purchase of essential medical equipment and strengthen their response to COVID-19.

It makes available a US$ 300 million kitty to provide risk-sharing facilities to help small businesses acquire the equipment and tools they need by way of loans and leases.

The Co-op Bank Group continues to execute a proactive mitigation strategy anchored on a strong enterprise risk management framework, to enable uninterrupted access to banking services.

Defender Isaac Kipyegon has been voted AFC Leopards fans’ best player for the month of July.

This is coming just months into his new role as club captain a position he has held since the arrival of Belgian Coach Patrick Aussems who favours the diminutive defender to Robinson Kamura.

Kipyegon guided the club through a tumultuous time in the month of July in which they played five. Ingwe beat Bandari 2-0, drew against Nzoia Sugar, lost to both Tusker and Western Stima added to the FKF Cup Finals loss to arch-rivals Gor Mahia FC.

Kipyegon thanked the fans for voting for him saying he dedicates the award to his teammates.

“Without the rest of the players this would not have come true. They are my biggest motivation. But I thank the fans for making this possible.”

Coach Patrick Aussems on his part thanked Betsafe for the initiative saying it is a massive morale booster for his side.

“The players now have something extra to work for. They see this and everyone wants to put in extra gear and that lifts the entire squad.” Said the Belgian tactician who recently extended his stay at the club.

Present during the award ceremony at Camp Toyoyo in Eastlands were AFC Leopards players, the club leadership headed by Treasurer Maurice Chichi, Betsafe Marketing Manager Mavin Waganda and Betsafe Managing Director Victor Sudi.

Sudi encouraged the players to work hard in the remaining fixtures to finish at a respectable position in the league.

“I can see we are left with three tough fixtures but I know you are even tougher. Betsafe is here to support you to ensure the club puts a good fight to the end.”

The CIC Group shareholders and investors have a reason to smile after the company reported a Profit Before Tax of Ksh.337 Million for the half year to 30th June compared to Loss Before Tax of Ksh287 Million for the same period last year.

A strong performance driven by growth in all business has seen CIC Group Written Premium grow by 16% to Ksh10.8 Billion from Ksh.9.36 Billion.

However, the group is reprising to more profitable business in South Sudan.

The group’s gains in equity portfolio and unwinding of forex losses from currency translation of foreign subsidiaries has seen its investment income grow by 41% to Ksh.1.6 Billion from Ksh.0.6 Billion in the prior year.

The group’s fund management fees has by 41% to Ksh.400 Million from Ksh. 300 Million as a resultof the increase in funds under management.

The fee income and Re-insurance commission increased 63%, that means growth from Ksh.673 Million to Ksh.1.1 Billion

In regard to the adverse effects of the Covid 19 pandemic, especially on the Life Assurance business with Group Life claims significantly rising, CIC Group has adopted strategies to further support their clients in this situation.

The group reports marginal growth in the property market with no revaluation gains or losses for the current period.

The CIC Group’s Kenyan subsidiaries have a winning business run.

General Insurance Business reports a 16% rise in Gross Written Premium up to Ksh. 6.8 Billion, while CIC Life Assurance has a 9% rise at Ksh.2.9 Billion up from Ksh.2.6 Billion last year.

The CIC Asset Management managed a Profit Before Tax increase from Ksh.130 Million to Ksh.225 Million.

The Group’s regional subsidiaries in Malawi and Uganda have an impressive growth trajectory with Gross Written Premium increasing by 50% and 95%, respectively.

However, CIC South Sudan saw a decrease in GWP due to attrition wrought by reprising to more profitable businesses.

This means the company managed a Profit Before Tax of Ksh.330 Million with strong investment returns registered.

The top European leagues resume this weekend, with all the big teams rushing for marquee signings.

One phrase that will be thrown about for the next couple of months among football fans is “Hii Season ni Yetu”.

With the leagues only a couple of days away from kicking off, most fans are drawing their lines, and declaring their intent to win the leagues this season.

Betsafe has introduced a unique market that allows punters to back their favourite players and clubs in different categories prior to the start of the league.

The outright market is a pre-tournament wager placed on whole league or competition rather than single matches.

The betting market, a first in the industry has drawn a lot of positive responses from punters.

Prior to Lionel Messi’s move to PSG, Betsafe was the only gaming company in Kenya offering players a chance to place bets on his next club.

“We’ve already demonstrated that we’re a brand focused on being unique through our marketing communication,” remarked Mavin Waganda, Betsafe Head of Marketing.

“The introduction of the outright market gives our customers an opportunity to back their clubs prior to the start of the season and mark something out of it.”

The outright market has multiple selections, with some of the bets being wagered for the whole season.

Customers can play on which teams will win their respective leagues, who will finish as the top scorer, which teams will be relegated, and which sides will finish in the top four.

For the players that are not looking to go all the way, there’s a provision to play on which teams will be top or bottom of the league by Christmas.

You can play on the different outright markets on Betsafe.co.ke.

Clifton Miheso has been voted Gor Mahia fans’ Most Outstanding Player for the month of July.

The speedy winger bagged the award following the club’s bittersweet performance of July 2021.

Bitter because the club for the first time in over a decade failed to win a single league match but sweet because K’Ogalo booked their continental slot by winning the FKF Cup to represent the country in next season’s CAF Confederation Cup.

The winger, currently rumoured to be on his way out of the 19 times KPL champions, featured in all the five matches for K’Ogalo in the month of July where they lost to Ulinzi Stars, Kariobangi Sharks, Tusker FC and drew one all against Nairobi City Stars in the league.

Probably what set him above his fellow nominees was the conversion of his spot kick during penalty shootouts against arch-rivals AFC Leopards in the finals of the FKF Cup on July 4th, 2021 at Nyayo National Stadium.

Other nominees were midfielder Ernest Wendo and Captain Harun Shakava.

Speaking during the presentation of the award, Betsafe MD Victor Sudi reiterated the company’s resolve to support initiatives by the fans such as this to encourage the players to put in extra effort in their trade.

“We shall continue with this award and for the remaining games, I urge you to put in your best effort because we will be here again next month to present the winner as voted by the fans.” Concluded Sudi.

“I am so excited to be the first winner of this award and I thank all my teammates because this is a team sport. To the fans, I can’t be more grateful,” said Miheso who, other than the trophy, went home with a Ksh.25,000 cash prize.

Captain Harun Shakava on his part thanked the club sponsor Betsafe for the support saying the award is an extra motivation as the club prepares for continental assignments next season.

Leading gaming brand, Betsafe Kenya, has launched a lucrative product, the Super Jackpot, which has a Ksh.100M prize. The brand has been on the rise since it set shop in 2020 and has added the Super Jackpot to its portfolio of jackpot products.

The Super Jackpot, which has an entry of Ksh.80, allows punters to wager their bet on three markets, home win, draw or away win, on 17 games for a chance to take home Ksh.100M.

The Super Jackpot, which was launched on Monday, 9th August, was met with rave reviews by punters who commented that the games were fair and the Ksh.80 stake was reasonable.

The Super Jackpot awards punters with bonuses when they correctly predict 12-16 of the games. Betsafe introduced a twist with the awarding of a unique bonus to players who get none of 17 predictions correct.

Speaking at the launch of the Super Jackpot, CEO, Victor Sudi reiterated Betsafe’s intent of introducing innovative products that players could enjoy. “The Super Jackpot is our latest product entry and as we’re happy to see that players have taken up to it and we’ll hopefully have a winner soon.”

“We’re a fun and exciting brand. We want to radiate the same energy to our customers and ensure they get the best possible products in the market,” commented Mavin Waganda, Betsafe Kenya’s Head of Marketing. “Football is back and we’re here to make it our customers’ season as well.”

The Super Jackpot, which features top games from European leagues is available on Betsafe.co.ke every week.

There is more to high school, ain’t just about academics.

There’s a whole lot to learn. How to relate to people from other communities with strange languages, volatile temperaments and social standing.

A lot of students hail from poor to average backgrounds, high school is one long lesson on how to not compare self with others.

It is what it is.

A factor that remains constant is the clamour by senior students to take advantage of new, naive students.

While over the years the bullying dragon has largely been slayed, it still exists in other forms.

The typical bully’s magnet is the allure of pocket money.

The ingenious seniors employ all sorts of uncanny tricks to relieve newcomers of their pocket money.

Some were straight incredulous – say, a senior would come into the form one class dressed in smart casual clothes, pretending to be some club’s patron – and, he’s on a quest to recruit new members.

The wide-eyed freshers would be awed by the smartly-dressed club patron, and the registration fee would be fixed at a modest 100 bob.

Freshers would scramble to register.

That’s how freshers would be dubed to join fictitious clubs – The Forest Club, The Young Rotary Club, et al.
Some unethical senior students would break into the fresher’s lockers and boxes. The trick to safeguard this money was to think like a thief – how best to hide your money.

A lot of freshers would spend weeks walking around with money in their socks. Or, rolled up in polythene and buried somewhere in the school grounds.

It was hectic. A lot of prep time is spent wondering if the stash is safe.

Cue in the modern times, where digital banking has taken over, and this predicament is easily solved.

Co-op Bank has availed an innovative, safe and easy way to safeguard your child’s pocket money from risk of loss to marauding bullies.

As it is, a student can now worry less about their money’s safety and keep to their studies.

The Co-op Bank Pre-paid card allows a parent to load cash into a card which a student carries to school.

Whichever your choice of bank is, all one has to do is walk into the nearest Co-op Bank branch and sign up for the card, and your child’s needs are handled.

What are the benefits of a Co-op Bank Prepaid card?

  • No need for your child to carry loads of pocket money as they head to school, you can simply load it in the Co-op Prepaid card which is safer than carrying cash..
  • The student will be able to pay for items at their school canteens at No Extra cost.
  • Parents will be able to track their students sending by getting a Mini statement of the card at a Co-op Kwa Jirani agent or via SMS alerts
  • You no longer need to travel all the way to the school to hand over money to your child, you can simply load the card at any Co-op Kwa Jirani agent..
  • The students are also able to withdraw money using the card from any Co-op ATMs or Co-op Kwa Jirani agents outside school.
  • You don’t need an account with Co-op bank to enjoy the benefits of the card
  • No extra charges will be incurred in transactions using the card.

It’s prudent to visit the nearest Co-op Bank branch to learn about Co-op Pre-paid card, or click here.

If you’re a sports fan then Showmax has a great treat for you!

Sign up for Showmax Pro before or on 31 August 2021 and you’ll receive two months of access for the price of one.

That’s an extra month on us to catch all the action live from the Olympic Games Tokyo 2020!

For athletes, the Olympics represents the peak of their sporting careers and the chance to receive recognition on an international stage.

While international spectators have been barred from attending the Games in person due to Covid restrictions, Showmax Pro subscribers have access to live streams of every event that is made available to SuperSport by the Olympic Broadcast Services

This includes the opening and closing ceremonies, and every medal event.

With homegrown heroes from more than 45 African countries competing at Tokyo 2020, including stars like Wayde van Niekerk, Blessing Okagbare, Almaz Ayana and the Ivorian men’s football team, you don’t want to miss out!

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Young people engaged in the ‘boda boda’ business are set to benefit from a partnership between the Co-operative Bank Foundation and the German Development Cooperation (GIZ) to enhance the employment and business growth for 3,000 boda boda riders.

The partnership will offer riders support in business skills, digital tools to run their business and more important, road safety to reduce the high rate of accidents and loss of lives involving boda boda riders across the country.

The project will be first implemented in the Coast, Eastern and Central regions of Kenya, after which it will be rolled out to other parts of the country.

To kick-off the project going, the Co-op Bank Foundation will be engaging the boda boda riders through their associations and groups, and also owners of motorcycle fleets, women who run boda boda businesses and riders who operate electric and solar-powered motor bikes.

Other key project partners offering support to the project include;

The National Transport and Safety Authority (NTSA) to provide training on road safety and compliance, SAFAL MRM Group Foundation to mobilise the riders for training, Mark Holdings Limited for providing service facility for the motorbikes, and Co-op Bank Bancassurance to provide insurance and training, mainly on benefits of insurance and risk mitigation.

The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH is implementing the project under the Employment and Skills for Development in Africa (E4D) programme.

The GIZ Country Director Mr. Bodo Immink, lauded the project as a key milestone towards increasing job opportunities in the sector, saying;

“Initiating and supporting sustainable development is what we do every day together with our partners. With this project we are setting the stage for urban and sustainable mobility,” said Mr. Immink.

The Head of the Co-op Bank Foundation Dora Waruiru lauded the partnership as a long-overdue intervention to mitigate the huge challenges of the otherwise promising boda boda sector, saying;

“The Boda Boda sector has emerged rapidly to become a great opportunity for creating jobs and incomes especially for young people, but has come with huge challenges not least of which is the unacceptably high rate of accidents and loss of lives.”

He adds: “It is therefore a great honour for us to partner with GIZ, NTSA and others to support Boda Boda riders run their business in a safe and profitable fashion.”

Josiah Manyara, James Kipyegon, Stephen Angayia, James Chirchir and Francis Ebei are the latest winners of the Betikas Kshs. 15 million Midweek Jackpot.

They join a long list of Betika winners after correctly predicting 15 games with Kshs.15 stake to take home the Kshs.15 million Midweek Jackpot grand prize.

One of the winners, Stephen Angayia, had two winning bets, bringing the total number of winning tickets to 6.

By virtual of Jackpots being a shared prize by nature, the winners would have taken home Ksh 2.5 Million each but to their surprise, the top betting firm decided to boost their winnings with an extra Ksh 6 Million. This meant that the winners would share Ksh 21 Million instead of 15 Million, giving each a gross winning of Ksh 3.5 Million.

Stephen, who had two winning tickets got Ksh 7 Million. Stephen Angayia, a die-hard football fan, admitted to watching football matches from as far as Kazakhstan.

“I love football, I watch most of the matches from around the world. I have won bonuses
several times and I knew that sooner or later I would get my big win. I’m happy about this win. To be honest, I placed over 30 bets with different combinations on my two numbers but because the midweek Jackpot is very affordable, my total spend was less than Kshs 500. This is what I like about Betika, unlike
other sites, they are affordable, they have no minimum bet amount, and the platform is so user friendly,” said Stephen.

Stephen placed multiple bets using his two phone numbers and his two-winning bet-slips landed him a whooping 7m Shillings.

“During my free time, I would select different combinations which I believe is the secret to winning. I don’t stop at 2 combinations, I stop at at least 10 after placing as many combinations as possible,” said Stephen to the other four Midweek Jackpot winners.

Stephen will be spending part of his winnings to enroll himself into university to pursue a degree in civil engineering.

“Betika has changed my life, I had sold part of my land last year to keep my family afloat. It’s not easy out here and my family was depending on me. We survived this far by the grace of God but now I’m going to reclaim back my land. My Kids will go to school, I will open a business for my wife, and I will expand my business,” remarked Mr. James Chirchir a farmer in Kericho.

Josiah Manyara a tailor in Nyamira and James Kipyegon a businessman in Ngong plan on securing their family’s future by expanding their businesses and saving for rainy days.

Speaking during the hand over, Betika’s Senior Product Manager, Kent Kagicha expressed his delight at the new millionaires in town.

“Gaming is entertaining and all about precision. Josiah Manyara, James Kipyegon, Stephen Angayia, James Chirchir and Francis Ebei not only win Kshs.15 million, Betika has
boosted their winnings with an extra one million shilling each bringing the total win to Kshs. 21 million.

The winners will also benefit from partnership with a credible Financial Advisory firm to offer them both financial and legal advice on prudent use of their winnings.

Our Jackpots are very affordable and as Stephen says, you can place up to 30 bets on the Midweek Jackpot with less than 500 Shillings giving you a higher chance of taking home millions of shillings.

We encourage all our customers to engage in
responsible gaming as they continue enjoying the sports they love’’.

Betika’s midweek jackpot also offers attractive bonuses for punters who get between 12-14 correct game predictions.

In a few decades, I’ll be old enough to share a whisky with my old man. He’ll then be retired and, hopefully, pleasant.

Everyone becomes pleasant upon retirement, what with grandchildren stealing their walking stick and stealing fried eggs off his breakfast tray.

I’ll choose a chilly July evening when the fireplace in his study is lit, and he’s swathed in layers of woolen scarves and knitted leg warmers.

I’ll be grown, and making my own money – which means his twirled moustance won’t twitch when I stride over to his whisky cabinet and grab the oldest Scotch.

I’ll settle in the wicker chair next to his ageless leather coach. I’ll stare into the fire for a moment, and say nothing.

If you know my old man, his mind will be in a turmoil. No one walks into his study, grabs a whisky – without something important to discuss.

His mind will be on overdrive:

Has this guy finally made a decision to marry some Daughter of Eve?

Has this guy decided decided to demand his share of non-existent inheritance to sell off and travel the world and return like the Prodigal Son in the Bible? I’ll skin him alive.

After an eternity staring into the fire, I’ll remind my old man of our Back-To-School Dance.

This dance began a few days to the opening of schools. It was subtle, and a guest into our home wouldn’t notice – but, it was there, and lethal.

One, it would need me to be on my best behavior. Best behavior is perhaps, an understatement. Let’s roll with exemplary.

If a guest offered me hard-to-come-by pocket money as it was the norm in those days, I’d have to politely decline. I would spend a few sleepless nights after that to get over it.

At the same time, I’d be expected to fully keep them entertained, sometimes,up to,and not limited to actual dancing.

The last week to opening, I’d have to wake up at the crack of dawn to attend milking classes. To be honest, I loved animals – what I didn’t like is leaving warm covers to brave the chilly fog, and the trek to the dairy to make delivery.

All this while, my old man would be keeping tabs.

If this dance went well, father would treat me very well on the back to school day. We’d visit the local supermarket, and I’d have the run of the aisles.

I would have free reign to pick even the ‘luxuries’ – sugar, margarine, roll-ons, scented note books, et al.

On the flipside, it’d be rough.

Father would say: “Umekuwa kichwa ngumu. Enda ufunzwe na ulimwengu”.

That meant shopping is limited to the bare essentials: Bar soap (no toilet soap), tooth paste and shoe polish.

Well, how times have changed.

Present-day kids hardly get to endure the Back-to-School Dance. It’s a straight run to the shop for the essentials.

As it is, it’s advised to go cashless when shopping, partly due to health concerns with handling cash, security and a bit of ease in accountability.

Most shoppers have chosen Co-op Bank as their financial partner for a sound reason. The Co-op Visa card allows flexibility, safety and convenience when shopping.

To pay for Back-to-School shopping with a Co-op Visa card has no extra charge!

It’s as good as paying cash, only safer and more convenient

You can use it to pay for goods and services wherever you see the Visa Sign, and there’s no extra charge – the only deduction is the cost of the item or service you are paying for.

Nothing more.

The Italian talisman Spinazzola is a huge factor in the Italy-England clash in the Euro 2020 finals.

With Spinazzola present, England would very much be the underdogs. Without him, Italy looked weaker – so much that an un-fancied Spain side rode them bare back all the way to the stops, and beyond.

England won’t get to enjoy the home advantage, like they did in the semis’. They’ll feel the pressure of expectation on them.

Pickford especially, while imperious at times, sometimes wobbles under pressure – as often happens when in action for his Everton side.

The Italians will most certainly target him to exploit that possibility, as they may have learnt from the Danes.

The game is hard to accurately call in right away, though.

Italy boasts a better balance in the squad on the pitch.

While England is capable of explosive pace and a good natural finisher in Harry Kane, that doesn’t count much for a solid Italian defence.

How it swings, mostly depends on who can ride the pressure and settles in to playing their game first.

Oh, England has failed to beat Italy in their last six encounters at major tournaments.

Betika.com kind of balances out the odds, with an head to head slots reading at 3.10 for an Italy Win, while an England Win runs at 2.65.

It’s possible for a full time draw, and the odds are at 3.10.

Which team will win?

PLACE YOUR BET NOW!
18+ Gamble responsibly. Odds subject to change.

This match up has some interesting statistics:

Italy are undefeated in their last 18 matches (European Championship).

England are undefeated in their last 9 matches (European Championship).

There have been under 2.5 goals scored in 5 of England’s last 6 games (European Championship).

Betika.com offers players on the platform an incredible array of goodies, ranging from extra bonuses even after sign up, betting bila bundles on the site, and the unique Bingwa Bonus Boost that doubles and triples the winnings.

Plus, of course, the Cash Out feature.

Log into Betika.com to become a winner!

Betika is one of the most preferred options when it comes to sports betting. Unlike other companies, it primarily focuses on the customers’ needs and leaves out all the other unnecessary distractions when it comes to sports.

Most affordable Jackpots

Betika has the most Jackpot choices and arguably the most affordable for bettors in Kenya. At Betika, you can win 100 million Kenya Shillings from a 99Bob bet.

Considering the terms and conditions on other offers in the market and for affordability reasons, Betika has the lowest minimum midweek jackpot stake of Kes 15/- with the highest possible winnings.

 

They also have a Daily Jackpot known as Sababisha that offers 200,000 Jackpot for 10 Bob /10 bonus or 100 points. Let’s just say that Betika customers are spoilt for choice!

Bonuses

First, there’s a joining bonus for all new customers when they join the leading betting firm’s platform.

A deposit bonus for every customer’s first deposit of the day with no minimum stake and they also have a Stake Back Bonus where you can get up to 200% bonus equivalent to your stake when you lose a multibet of more than 7 games.

Betika also has a Bingwa boost bonus that offers punters a chance to earn a bonus of up to 500% on Multiple Bets.

It applies to returns on all events, all markets of sports and live betting with 3 or more selections with odds 1.35 or higher.

No minimum bet

Betika is one companies that has no minimum bet requirement.

You can bet with as little as one Kenya Shilling, as in one bob.

Unbelievable but possible at https://www.betika.com/

Bet Bila Bundles

Betika is cognizant of the current high cost of living and seeks to alleviate some of this pain, by scrapping cost of data for their clients.

This means that Betika customers will no longer require to have data bundles to place a bet or view and analyze games on the Betika website.

 

Double Betika Points on Monday

Monday blues? Not at https://www.betika.com/ because you will earn double Betika points every Monday with your first 2 deposit of the day worth 99 bob you will get a Kes 8/- bonus.

Boosted Odds

When it comes to increasing winnings, Betika offers customers a chance to win more with the highest boosted odds on popular leagues.

CashOut feature

Betika’s Cash Out feature allows you to settle your bets before the relevant event has finished to either lock in some profit or mitigate potential losses.

The Cash Out feature allows you to take an early payout on your bets before they are settled, meaning you can get money back before the event is over and your bet is ultimately resulted.

You’ll either make a profit, or get a portion of your initial bet back, depending on how your selection is doing at the time of your taking up the Cash Out.

Bet Share

Do you share your bet slip with your friends? Well, Betika awards top 20 bet-share participants with the highest number of bets shared and subsequent bets placed on them.

You can win up to Kes 150,000/- when you just share your bet slip. Bets must have odds of more than 4.99 and your friends should place a bet with more than Kes 25/-

KaBundle Wa KaBundle

This is a promotion where a consumer places any Shikisha bet with a stake that is more than or equal to KSH 70 to receive 7Sms & 7Mb free data.

This offer is only for cash bets and upon Deposit the reward bundles based on bets placed shall be sent after confirmation of the bet after 15 minutes.

Free Bets on the Betika App

They say good things in life are free and I bet getting free bets on the Betika App can attest to that. Your first cash bet with a minimum stake amount of ten shillings gets you a free bet every Monday and Thursday.

I know it sound unreal, but get this, a match stake from 10 to 50 or any stake above 50 is awarded a 50bob free bet. Well, if you are not yet sold, then read on.

 

Casino & Virtual Games

Betika has the most vibrant and exciting casino games in the country.

If you are a lover of card games, roulette, and other casino games, you will admit that Betika’s casino platform is unmatched in terms of number of games and experience.

Betika launched the Drops & Wins promotion where their Casino Consumers receive cash prizes daily & weekly on highest single spin win amount (adjusted to bet value).

There are different games every month that are participating in this tournament, so consumers need to stay tuned to the “drops and wins” tab on the Betika Casino landing page to see which games qualify at that current month.

Betika has the first ever local league in Kenya known as Sakata being the first virtual league. Betika also offers other exciting virtual including Betika Super League (BSL), English league as well as Euro league.

Play the Betika Virtual games and win in just 4 minutes.

For first time bettors, Betika’s Virtual games are both quick and realistic with several events, tournaments, and the games, all based on real sports.

Free withdrawals

Ever heard of no charge on cash withdrawals from any betting site? I haven’t. After a hundred ways to make your money at https://www.betika.com/ they still don’t charge you to withdraw your winnings.

Interesting, right?

Betika continues to push the boundaries of innovation with new offerings proving why they are the leading betting firm in Kenya!

For the betting newbies, simply SMS GAME to 29090, and you will be equipped for the new season.