When people meet DJ Afro Amigos for the first time, they pause. Unspoken questions hang in the air like clouds before a downpour.

Is this really DJ Afro? Is this the super commentator?

Well, DJ Afro doesn’t look like a comedian on the street. But, then how should comedians look like?

He’s probably the most unassuming person you’ll ever meet. A polite, friendly demeanor conceals an extremely creative, hilarious mind.

DJ Afro and TV Presenter Larry Madowo in an undated interview on NTV (file image)

I met DJ Afro circa 2006 in Rongai, a dusty backyard in the outskirts of Nairobi. I was in high school, then. Rongai wasn’t much a posh party spot.

The favourite hangout spots atleast for student gangs was in ‘Pay-per-view’ video dens. We’d spend weekends watching King Fu and Vietnam War flicks.

Except, DJ Afro was a live commentator. The creative now credited as the pioneer of an entire industry was starting out. A broke chap, he didn’t have equipment – he’d headline movies ‘live live’.

It was mad fun! He’d later move to Nakuru, and start recording.

Ten years later, I’m done with college, and on my first job as an insurance broker. Nairobi is ruthless to chaps on their first jobs, especially a vocation based on commission.

It’s a tightrope between starvation and God’s mercies in dark, cramped bedsitters.

Two things happened, mere coincidences that ultimately shaped my entire life.

One, DJ Afro re-appeared into life, albeit by sheer providence. My brother would gift me his old TV, and VCD machine and his prized VCD collection.

Two, I got a new neighbor – a bubbly, chatty girl with long legs and a gap on her upper teeth.

Well, a student and a chap on their first jobs in Nairobi share the same life of penury. Nothing brings souls together than a shared enemy.

Hunger was our mutual enemy.

She’d fall in love. But, she first fell in love with DJ Afro – featured heavily on my VCD collection. I’d say we curl up on the coach, but we didn’t have a coach.

We’d sprawl on a thin mattress and watch Sylvester Stallone and Dolph Lundgren single handedly devour entire armies, Kung Fu protège’s avenge their master’s deaths…..

All along, DJ Afro would be doing his signature thing: Arrrrrrrrrrrrrright, Asanta sana……

She’d become my girlfriend, and partner in life and crime.

To date, nothing evokes fonder memories than rainy evenings in our cold bedsitter – listening to hilarious, cracking side shows by DJ Afro!

We had one luxury – when an occasional client bought my insurance policies, or a benevolent relative sent her some pocket money, we’d splurge on a 1ltr Fanta soda and a packet of cakes.

We are marking our sixth anniversary, and like all others – we have a Fanta tradition.

Purchase a 1ltr Fanta soda, and a packet of cakes for an outdoor picnic.

Turns out, this Fanta tradition could win us amazing prizes in the FIFA WORLD CUP 2022 ™ TROPHY TOUR BUY AND WIN PROMOTION.

The Promotion is open till 30th June to participants over the age of 18. It’s quite simple, really.

Purchase Coca‑Cola®, Fanta® and/or Sprite® in the 1Lt Returnable Glass Bottle, 1.25Lt PET and 2Lt PET bottles easily identifiable by a lime green crown.

Peel off the crown to reveal an eight (8) digit alphanumeric (ANN) code under the crown of the bottle, which consumers will activate by sending an SMS to the short code number 40111 thereby entering a draw.

There’s the Grand Prize of a trip to watch a FIFA World Cup™ match in Qatar – 5 prizes up for grabs. Fancy a rare chance to grab a A VIP FIFA World Cup 2022™ Trophy viewing experience.

Here’s your cue!

Besides, there’s assorted daily cash prizes between Ksh50, Ksh100 instantly sent to the winners via either M-Pesa, Airtel Money or T-Kash.

Oh, wait – there’s airtime, too! Ksh 10 or Ksh20 for your Airtel, Safaricom or Telkom lines.

While the FIFA WORLD CUP 2022 ™ TROPHY TOUR BUY AND WIN PROMOTION” closes on 30th June 2022, the prize redemption window is open till 31st July 2022.

It goes without saying that Nairobians love to look good. That is why songs are sung about how fresh one’s drip is. It’s also why people like Nairobi West Nicur have been making a killing off threads. And you can jump right in and use his gameplan to make mad money.

Previously, we had spoken about his example; he has found a way to leverage his huge social media audience to sell his clothes but how do yu grow to his level? That’s what we are looking at today and looking to demystify that.

Well, apart from having to grow your social media audience, you also can find a way to get clothes from China and other markets. A simple way of doing this would actually be for you to move your focus to Gikosh. Why Gikomba you ask? Because 2nd hand clothes or Thrifting as the cool kids call it has never been as popular as it currently is.

And there is an opportunity to brand yourself as the go to “thrift stylist”. We all know that Gikomba always has more than enough gems right? Well, one way of taking advantage of this would be for you to get to know a broker. Networking is the uptown way to describe what I am referring to. Let’s face it, most of us would not have the time or drive to get to Gikosh at 5 AM as the bales land so why not get acquainted with a broker who can get you the best of what has landed?

From there, you can actually use IG as an online stall. Sort out the best shoes, the best jeans and shirts and then you post them on your page and grow your clientele from there. But what if you get to the point where you need a brick-and-mortar shop? When you decide that you need to expand to having a physical shop, there is a partner you can work with: I am talking about Mco-op Cash.

WHAT IS MCO-OP CASH AND HOW DOES IT WORK?

MCo-op Cash is a mobile banking service which enables you to access a variety of banking, money transfer and payment services.

All you need is an ID card and a registered mobile phone number; it doesn’t matter which mobile phone network you are on. You may register for the service by dialing *667# on your mobile phone or download the app from the Play Store or App Store. Follow the menu and receive an SMS confirming registration.

For pin registration, you can also reach out to us by calling 0703 027 000, 020 277 6000

Sign up for MCo-op Cash  and go global today.

 

If I could live to a ripe old age, say three hundred years, one memory would stick. The memories of my first flight. The irritable dementia may blur names and faces of family and friends, but not this first flight.

It came quicker in life than I had thought, thanks to a considerate client. I had grown up in a tiny village we can rightly term as a ‘non-flying’ backyard. I didn’t know anyone who had ever been on a plane. That’s the kind of excitement. I was making history!

It was a local flight to review a waterfront resort in Lamu. We had a short stopover in Mombasa.

I didn’t sleep much for two weeks. I’d wake up in cold sweats – check mail for date and time of travel. I’d not miss my first flight!

An aerial view from an airplane overflying the Kenyan Rift Valley (file image)

On D-Day, I left home at 1100 Am. Take off was tagged at 0300 Pm. I realized later it was a little too early. I hadn’t been to Wilson Airport before. I took a cab from town. Once I spotted the airport entrance, I asked to end the trip. That’s number two mistake.

I didn’t know the firm’s office was three miles further. It was a maze. I kept walking in circles, with the relentless Nairobi sun on my back! Bless the random guards I asked for directions, a growing patch of sweat on my lower back.

The lounge was big – and for my three-hour wait – read everything that could be read in that lounge. The glossy magazines, wall posters – my seatmate’s Whatsapp chats, everything.

The clearance was easy. The normal security check through a scanner, and boarding documents.

I had my ID card, passport, birth certificate, yellow fever vaccination and a copy of my father’s ID card – just in case. Turns out, only my identity card was necessary for a local flight.

We emerged onto the tarmac, with a small plane lined up and a couple of bigger ones on both ends of the horizon. I was pretty nervous. With me, there were maybe ten, fifteen or a hundred people. I was too busy looking to count.

An unseen dilemma came up. I needed a boarding photo. I needed evidence if my village would take me serious. On my turn, instead of the ticket, I handed the lady my phone – and moved back a couple of paces back – with the plane on my background.

The lady had to come take my photo, showing the firm’s signage at the back.

A bemused line of passengers stood back, gawking at me. For a minute, corporate executives had to wait!

We board, but I don’t know how to look for my seat number. I was either blocking or obstructing the way, till someone offered to help. We got take off clearance, I felt motion and soon – lift off. Butterflies!

My first flight, I felt a mixture of apprehension, angst, & overwhelming happiness. I WAS FLYING!

A minute of climbing, and we leveled out. I settled back, and looked out the small window – the airport seemed like a kindergartner’s clay mock up. I realized that it feels exactly like a car ride, except that the car is thousands of feet aloft!

Occasional bumps! How now? It was frightening, and absolutely fantastic. I saw someone burp and lurch into a paper bag across the aisle. I had already tucked my sickness bag into my pocket – that’s a souvenir!

A few minutes in, a saw an hostess – absolutely stunning – is wheeling a cart down the aisle. It’s packed with coffee, sandwiches and assorted snacks – and soda!

Well, with the turbulence – I wasn’t risking it with hot coffee. I pointed to a 1ltr Sprite in a returnable glass bottle. It’s halfway. The hostess, though – they have a knack to spot first-time flyers.

“Have fun, brother.” She says. She points to the lime-green cap on the bottle.

“Perhaps, it’s you lucky day. Unaeza shida flight kwenda Qatar ya World Cup!”

Somewhere in the clouds, I got an entry into the FIFA WORLD CUP 2022 ™ TROPHY TOUR BUY AND WIN PROMOTION. I’d send it after landing.

The Promotion is open till 30th June to participants over the age of 18. It’s quite simple, really.

Purchase Coca‑Cola®, Fanta® and/or Sprite® in the 1Lt Returnable Glass Bottle, 1.25Lt PET and 2Lt PET bottles easily identifiable by a lime green crown. Peel off the crown to reveal an eight (8) digit alphanumeric (ANN) code under the crown of the bottle, which consumers will activate by sending an SMS to the short code number 40111 thereby entering a draw.

There’s the Grand Prize of a trip to watch a FIFA World Cup™ match in Qatar – 5 prizes up for grabs. Fancy a rare chance to grab a A VIP FIFA World Cup 2022™ Trophy viewing experience? Here’s your cue!

Besides, there’s assorted daily cash prizes between Ksh50, Ksh100 instantly sent to the winners via either M-Pesa, Airtel Money or T-Kash. Oh, wait – there’s airtime, too! Ksh 10 or Ksh20 for your Airtel, Safaricom or Telkom lines.

While the FIFA WORLD CUP 2022 ™ TROPHY TOUR BUY AND WIN PROMOTION” closes on 30th June 2022, the prize redemption window is open till 31st July 2022.

Life will conspire and shatter basic tenets that kept you grounded on the straight and narrow.

This is what ‘adulting’ is all about.

As I write, I’m trying not to exceed the recommended daily quota for painkiller tablets. I’m nursing sore ribs.

I belong to a Facebook motoring group. It’s a tight mid-30’s group, young professionals united by love for flashy cars and adventure.

There’s been talk of organizing a charity drive. That’s one of the group’s initiatives. One of the active members, Makau – from Machakos – said he had a Ruracio planned, and invited us all.

He had asked if someone on the group could make a decent elder. Well, what for? We had Group Admin – with all powers bestowed by the hallowed cyber gods.

I ticked YES to the invitation. So did thirty other guys. On the Friday, I’d join the convoy on the outskirts of the city for the long drive to the bride’s rural home in Timau.

But, hey – have you been to a Kenyan Ruracio

It’s a little like upcountry funerals we attended back in campus. It’s basically an excuse for a road trip, and endless partying.

Waiting to receive us was a group of sour-faced elders.

Turns out, Patience is not necessarily a virtue. It can be milked to such an extent that it becomes a source of endless pain and antagonism patience.

In the case of this Ruracio – an empty, cold bed for aspiring love birds.

We didn’t know that a long convoy of flashy cars would be a fly in the soup. All the elders saw was opulence – the dowry quadrupled.

By God, didn’t they re-define stubborn? To make matters worse, we didn’t have elders.

We had Group Admin, a talkative chap in khakis, a Stetson hat and a million tattoos on his arm and neck.

The elders couldn’t even agree to a sit down.

How could we explain that we are an online family escorting our brother? Evening crept in fast – and, it was called for the next day.

No worry, the gang says – let’s hit town!

Well, Timau Town is a sleepy farm town on the navel end of Mt. Kenya.

As a town, it’s painfully lethargic, with that excruciating, ethereal way farmers choose to lead their lives.

I mean, an average farmer in Timau lords over a hundred acres of wheat and potatoes, with tractors and assorted dozers with a net worth in the millions. Yet, he dons a patched leather jacket, and cheap gum boots.

We broke rank and flooded Timau, the town. No arranged accommodation, we mostly had to tuck up in our cars overnight.

Hey, Timau is a furnace hot by day and as cold as a witch’s tit by night. I almost shivered to death, and woke up with painful cramps.

We regroup on Saturday morning. With creased khakis, sour moods and bad breaths.

The elders took time. The first one arrived at noon.

They’d waste no time in inflating ten-fold, the agreed dowry, with reasons.

Oh, she has a degree.

Oh, her poor mother used to piggy bank her to a clinic 30 miles away for her Polio jabs.

By evening, the elders still insisted on a million.

Half the group peeled off and started the drive back to Nairobi. I decided to wait up. A few other guys, too. We called the groom aside, and issued an ultimatum.

If they cannot agree to existing terms, we are leaving. The now gloomy groom, in turn, texted that ultimatum to his bride – whom he hadn’t yet seen.

Well, the father-in-law suddenly thawed out. I’ll probably never know what the daughter told her dad.

The million-bob shilling demand was suddenly flipped to seven shillings, in sparkling silver and, unbelievably – a cold Coca Cola.

Brethren, as people scrambled in their glove boxes looking for one-shilling coins, I drove out to Timau Town CBD, to get a cold Coca Cola drink.

Ultimately, it had to be the 1.25ltr bottle – as cold as they had wanted. Our de facto elder, the Group Admin, handed it over.

The elders made a sullen show of handing over the bride, shrouded in colorful lessos, accompanied by her mother.

Towards 6pm, we drove out of Timau, like bats out of hell.

As I drove alone, listening to the drumming of the tires on the road, I had a nagging query in my mind.

Our belligerent Father-in-Law, does he know of the ongoing FIFA WORLD CUP 2022 ™ TROPHY TOUR BUY AND WIN PROMOTION?

Who knows, he was within reach of awesome prizes……

The Promotion is open till 30th June 2022 to participants over the age of 18. It’s quite simple, really.

Purchase Coca Cola, Fanta or Sprite in the 1Lt Returnable Glass Bottle, 1.25Lt PET and 2Lt PET bottles easily identifiable by a lime green crown.

Peel off the crown to reveal an eight (8) digit alphanumeric (ANN) code under the crown of the bottle, which consumers will activate by sending an SMS to the short code number 40111 thereby entering a draw.

There’s the Grand Prize of a trip to watch a FIFA World Cup™ match in Qatar – 5 prizes up for grabs. Fancy a rare chance to grab a A VIP FIFA World Cup 2022™ Trophy viewing experience?

Here’s your cue!

Besides, there’s assorted daily cash prizes between Ksh50, Ksh100 instantly sent to the winners via either M-Pesa, Airtel Money or T-Kash. Oh, wait – there’s airtime, too! Ksh 10 or Ksh20 for your Airtel, Safaricom or Telkom lines.

While the FIFA WORLD CUP 2022 ™ TROPHY TOUR BUY AND WIN PROMOTION” closes on 30th June 2022, the prize redemption window is open till 31st July 2022.

Hey, get a cold Coca Cola drink and check under the crown. You may win a ticket to watch the World Cup in Qatar!

The 16th edition of the African Banker Awards Gala Ceremony took place on 25th May 2022 at the Kempinski Hotel, in Accra, Ghana.

The event was held under the High Patronage of the African Development Bank, being part of the programme of the Bank’s Annual Meetings.

Two women won two of the most prestigious awards: the African Banker Icon and Finance Minister of the Year.

Ms Vera Songwe, United Nations Under-Secretary-General and Executive Secretary of the Economic Commission for Africa, was awarded the African Banker Icon Award for her tireless work in providing governments with the fiscal ammunition to deal with the impact of COVID-19.

Angola’s Finance Minister, Hon Vera Esperança dos Santos Daves de Sousa, was recognised as the Finance Minister of the Year for her stand-out work in restoring stability and market confidence to her country.

Another notable recognition was for Michael Atingi-Ego, the Deputy Central Bank Governor, Uganda, who won Central Bank Governor of the Year.

In his speech, Omar Ben Yedder, Chair of the African Banker Awards Organising Committee and Publisher of African Banker magazine, said that it is time we focused our efforts on strengthening our domestic capabilities to finance growth.

“We need strong institutions and we need to start with our commercial and development banks. If we have learnt anything from the past two years, and even more so these last two months, it is that we need to achieve financial sovereignty if we are to own our growth agenda.”

Other winners include legendary Nigerian banker Atedo Peterside, founder of IBTC Bank, which he merged with Stanbic 15 years ago, who won Lifetime Achievement Award for his contribution to banking.

The Regional Bank of the Year Award for East Africa was given to the Co-Operative Bank of Kenya for overall excellence in banking in the region.

This is the breakdown on main winners of the African Banker Awards 2022:

Energy Deal of the Year Temane Thermal Power Station – Absa Mozambique and International Finance Corporation

Agriculture Deal of the Year – US $200 Million corporate facility (the “Facility”) to BUA Industries Limited (“BIL”)
Africa Finance Corporation

Infrastructure Deal of the Year – The Luanda Bita Water Supply Project African Trade Insurance Agency

Deal of the Year : Debt – Bank of Industry €750 Million Debut Senior Note Participation Notes due 2027 Bank of Industry

Deal of the Year – Equity Prosus’ c. US$15 Billion Accelerated Equity Offering in Tencent Citi

Sustainable Bank of the Year – Trade and Development Bank

FinTech of the Year – Interswitch

Award for Financial Inclusion – Tugende Uganda

SME Bank of the Year – Ecobank

DFI of the Year – Trade and Development Bank

African Bank of the Year – The Standard Bank Group

African Banker of the Year – Benedict Oramah

Yaw Kuffour Award for Trade Finance – Coris Bank

Central Bank Governor of the Year – Michael Atingi-Ego (Deputy Central Bank Governor, Uganda)

Minister of Finance of the Year – Hon. Vera Esperança dos Santos Daves de Sousa, Angola

African Banker Icon – Dr. Vera Songwe (Executive Secretary of the United Nations Economic Commission for Africa)

Lifetime Achievement – Atedo Peterside CON, Founder of IBTC Bank

Best Regional Bank – North Africa National Bank of Egypt

Best Regional Bank – Southern Africa Mauritius Commercial Bank

Best Regional Bank – West Africa Fidelity Bank, Ghana

Best Regional Bank – East Africa Co-op Bank of Kenya

Best regional Bank – Central Africa Raw Bank, DRC

Co-operative Bank of Kenya today virtual held its 14th Annual General Meeting.

This is the third time the meeting has been held virtually following amendments to the law governing annual general meetings, following the Covid-19 epidemic.

Co-op Bank Group Managing Director Gideon Muriuki during the virtual meeting

The overwhelmingly successful meeting was attended by over 16,000 shareholders from across the globe.

Shareholders welcomed the dividend payment scheduled to hit their accounts on 17Th June 2022.

The shareholders were appreciative of the Board of Directors’ divided policy that balances between the need for additional capital and shareholders immediate interest for earnings.

They particularly commended the Group Board for the kes 100billion retained earnings the bank has accumulated for future growth through this policy.

Kingdom Bank – one of the best performing Co-op Bank’s subsidiaries.

Speaking at the meeting the Group Managing Director, Dr. Gideon Muriuki pointed out to the shareholders that the bank was confident of a good performance in 2022 full year.

The MD estimated that the bank will surpass the over 22Billion profit registered in 2021, “ already in the first quarter of 2022 the bank has registered a profit before tax of kes 7.8Billion which is an indication of better days ahead.”

The meeting was chaired by the Bank Chairman Mr. John Murugu and was also attended by the Vice Chairman Mr. Macloud Malonza among other board members who attend virtually.

Co-op Bank Group is pleased to report a Profit Before Tax of Kshs. 7.78 Billion for the first quarter of 2022, a commendable 56% growth compared to Kshs. 4.98 Billion recorded in the first quarter of 2021.

This represents a strong Profit after Tax of Kshs. 5.8 Billion compared to Kshs. 3.5 Billion reported in 2021. The performance delivers a competitive Return on Equity of 23.8% to our shareholders.

The strong performance by the Bank is in line with the Group’s strategic focus on sustainable growth, resilience, and agility.

Key highlights;

Financial Position: The Group has registered sustained growth as follows;

Total Assets grew to Kshs. 597.0 Billion, a +8% growth from Kshs 552.9 Billion in the same period last year.

Net loans and advances grew to Kshs. 324.5 Billion, a +9% growth from Kshs.298.2 Billion.

Investment in Government securities grew to Kshs. 183.4 Billion, a +10% rise from Kshs. 166.2 Billion in 2021.

Customer deposits grew to Kshs 410.8 Billion, a +4% increase from Kshs. 393.8 Billion.

External funds from development partners stood at Kshs 43.3 Billion from Kshs.46.9 Billion in 2021.

Shareholders’ funds grew to Kshs. 102.7 Billion, a +10% increase from Kshs. 93.7 Billion in 2021 enabling us to continue pitching for big ticket deals.

Comprehensive Income

Total operating income grew by 17% from Kshs 14.4 Billion to Kshs 16.8 Billion.

Total non-interest income grew by 41.7% from Kshs 4.5 Billion to Kshs 6.4 Billion.

Net interest income grew by 6% from Kshs 9.8 Billion to Kshs 10.4 Billion.

Total operating expenses declined by 3% from Kshs 9.3 Billion to Kshs. 9.0 Billion.

Cost Management

Excellent gains from our various initiatives with a Cost Income ratio of 44.6% in Q12022 from 59% in FY2014 when we began our Growth & Efficiency journey.

Credit Management remains a key focus area by way of the following interventions;

The Credit Risk Adaptation Project dubbed ‘Project Kilele’ supported by a Global consulting firm, now in the implementation phase.

The Decentralization of Loan Portfolio Management to the Branches, Lending Units and Relationship Management teams. The successful project, aimed at enhancing collection activities, has advanced to Project Connect & Build (CB). The project is aimed at:
Identifying more business opportunities for loan book growth.

Engaging existing & potential customers with a view to establishing/enhancing their needs and co-create solutions.

Increasing customers’ product holding.

Sustaining the best practices learnt under the Decentralization of Loan Portfolio Management and Project Kilele above.

The Group prudentially provided Kshs. 1.5 Billion compared to Kshs 2.3 billion provided in 2021 indicating improving quality of our asset book as businesses and households continue to recover from the impact of Covid-19 pandemic.

Our Gross Non-Performing Loan (NPL) Book has reduced by 5% from last year, with our NPL ratio improving to 13.3% against 15.2% in a similar period last year. This affirms our Credit Quality and Growth strategies and will continue to improve to single digit pre-pandemic NPL levels.

A Strong Digital Footprint

Through our digital channel strategy, the Bank has successfully moved 94% of all customer transactions to alternative delivery channels, an expanded 24-hour contact centre, mobile banking, 541 ATMs, internet banking and over 27,000 Co-op Kwa Jirani agency banking terminals.

We have successfully migrated our customers to the Omni-channel, integrating accessibility and user experience. Our omnichannel interfaces online banking through personal computers, mobile phones and USSD availing our services to all customers through their preferred channel yet retain the same experience from wherever they are.

A successful Universal Banking model and the implementation of Sales Force Effectiveness has seen the Group serve 9 million Account holders across all sectors.

Key focus 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 Million customers registered and loans worth Kshs 19.9 Billion disbursed year-to-date, averaging over Kshs. 6.6 Billion per month.
Over 151,500 customers have taken up the MSME packages that we rolled out in 2018, and 23,363 have been trained on business management skills.

Year to date, we have disbursed Kshs. 4.3 Billion to MSMEs through our Mobile E-Credit solution. MSMEs are a critical part of economic recovery post-covid and contribute up to 16% of our total Loan Book.

Our unique model of retail banking services through Sacco FOSAs enabled us provide wholesale financial services to over 464 FOSA outlets.

Subsidiaries

Co-op Consultancy & Bancassurance Intermediary Ltd posted a Profit Before Tax of Kshs 316.9 Million as at 31st March 2022, riding on strong penetration of Bancassurance business.

Co-operative Bank of South Sudan that is a unique joint venture (JV) partnership with Government of South Sudan (Co-op Bank 51% and GOSS 49%) returned a profit of Kshs 43.9 Million in Q12022 compared to a loss of Kshs 89.1 million in Q12021.

Co-op Trust Investment Services contributed Kshs. 53.7 Million in Profit Before Tax in Q12022, with Funds Under Management of Kshs. 190.2 Billion compared to Kshs. 128.4 Billion in March 2021.

Kingdom Bank Limited (A Niche MSME Bank) has contributed a Profit Before Tax of Kshs. 199.3 Million in Q12022 compared Kshs. 126.7 Million reported last year representing a 57% Growth year on year.

Long Term Financing: MSME, Sustainable Agriculture & Health sectors.

In 2020 the Group secured a long-term financing facility from the IFC (International Finance Corporation) amounting to Kshs. 8.25 Billion for on-lending at affordable terms to MSMEs involved notably in climate-smart projects, sustainable agricultural practices, and clean energy.

Partnered in the US$ 300 million IFC-led Africa Medical Equipment Facility and Philips (a leading health technology company) to support Africa’s health sector operators purchase essential medical equipment and strengthen their response to COVID-19 and other medical technology needs.

The Group secured a US$ 10 Million credit line in partnership with Eco.business Fund to finance Sustainable Agriculture.

Environmental Social and Governance (ESG)
The Bank has a dedicated ESG Unit that will see the enhancement of our ESG strategies as we take up emerging opportunities and manage ESG risks.

ESG remains a critical pillar of our strategic focus and the Group is determined to make positive contributions to the Economy, Society and Environment.

Co-operative Bank Foundation, a key social investment vehicle, has provided Scholarships to gifted but needy students from all regions of Kenya.

The sponsorship includes fully paid secondary education, full fees for University education, Internships, and career openings for beneficiaries.

The foundation is fully funded by the bank and has supported 8,368 students since the inception of the program.

Conclusion

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

We shall, riding on the unique synergies in the over 15 million-member co-operative movement that is the largest in Africa, continue to pursue strategic initiatives that focus on resilience and growth in the various sectors as the economy continues to recover.

Brand Kenya grows as personal exploits by Kenyans living in the diaspora keep filling pages in history books.

This past weekend, US-based Kenyan singer Msanii Foreman led a group of musical peers and associates in a charity drive seeking to uplift lives of the homeless, in Arizona.

This charity drive was a celebration to mark the success and first anniversary of Arizona Swahili Radio – a flagship project and one of it’s kind online radio founded by Msanii Foreman in 21st May 2021.

This is unique. It serves heavy contrast to red-carpet fanfare events common in the media and entertainment circles. It’s a reflection of humility borne of humble beginnings, and innate desire by the Kenyan artist to uplift lives of the less-fortunate.

Arizona is hard hit, with homeless people statistics rising, exacerbated by Covid-19 pandemic.

In the 21st May event, Msanii Foreman was accompanied by celebrities and fellow artists. Monique Hasbun, the star singer currently riding high with her banger Latin Mona Lisa was there, accompanied by her mum.
Unconfirmed rumors branded the two artists as lovebirds.

Also present was South African artist Moabi Kotu – who’s featured heavily on Amapiano concerts.

Phoebe Njeri, aka Sherrie Bunnie – one of Arizona Swahili Radio top rated presenters running the popular Sunday Skul Edition program and public personality Bilha Biyaki.

The raisin in the event’s pudding – excuse the pun – came from Pizza Heaven Bistro Phoenix who donated assorted foodstuff. This is a local fast food franchise in Arizona.

Besides foodstuff, the homeless people received bundles of warm clothing and sneakers, some on designer level.

These items were collected in a local church after Msanii Foreman lobbied for community involved in the charity drive.

The artist is a member of the church and has previously held Arizona Swahili Radio awards. This is a youth initiative that builds and mentors youth gifted in performing arts.

In an interview, Msanii Foreman says:

At the end of the day, it’s not about what you have or accomplished. It’s about who you’ve lifted, who you’ve made better. It’s about what you’ve given back.

King Kaka is a testament of the truth that motivation comes from different variables in life. Sometimes, actually, a lot of times, it comes from poverty. When you lack money, you lack ven basic esteem and respect.

6 of the most expensive schools in Kenya

Growing up, the rapper didn’t have a lot. Infact, when he tells his own story, he paints the picture of just how acutely aware children usually are of the lack their family deals with.

And King Kaka knew he wanted to change things. While most people who grew up around him would turn to crime, he decided on a better, albeit tougher strategy.

Schools have re-opened and all eyes are on Trio Mio. Here’s why!

King Kaka who was formerly known as Rabbit decided to focus on his books. And he hit them so hard, that he managed to earn himself a scholarship.

And the result of that hard work? He managed to pay for his own education. What do I mean? He got a full scholarship… At a public high school. Let that sink in. Talk about being a young high achiever.

Kenyan celebs who attended the most expensive schools in Kenya

But in truth, you shouldn’t want to have your child struggle to pay their own way through school. Unlike King Kaka’s situation, you should free up your child from all the anxiety that comes from knowing they cannot afford school fees by planning ahead.

Partner with Co-op Bank to help your child become the best version of themselves. Why? Because school fees are all about planning. You should not wake up to realize that fees is due tomorrow and you had not planned for this eventuality even though you’ve lived large for some long holiday weekend. You need a partner who can help you map out the entire financial plan and ensure you get the best possible option for your child(ren).

With the Co-op Bank innovations and partnerships, you can pay school fees and buy new uniforms without having to bear the risk of carrying huge sums of money around. I mean, it would really be a comedy of tragedies if you misplaced that money or it was liberated from you right?

In addition to this, you can also load up your child’s pocket money to their Co-op Bank Pre-paid.

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 dont 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.

Click here to find out more.

Is it possible that a school’s motto has an impact in the overall turnout of its alumni? Oftentimes, this slogan is drilled into young entrants every morning at parade.

It’s like an indoctrination phrase into the school’s culture. It’s plastered in bold on every available space from school’s entrance, stationery, to blazers and shirts.

A school’s motto is an organ of pride, in every alumni association meet. It creates an addictive euphoria that stirs fond memories! Here’s a random list of 10 most creative motto phrases!

Meru School entrance in a past photo (file image)

Meru School: In Understanding, Be Men

A cursory perusal of history books sheds some light to the origin and relevance of this motto. Meru School is presently commands mention as on the country’s glorious institutions.

But, it’s grown from a humble existence, since inception in 1956. It’d grow, from learning under trees – drawing male students from the larger Meru and North Eastern Provinces – regions known for volatile temperaments.

They’d often be protests, due to harsh learning and living conditions. To counter this, the missionaries coined the phrase: In Understanding, Be Men!

Machakos School: ‘Ui wi Mbee’

The phrase ‘Ui wi mbee’ is an ode from the local language Kamba, which loosely translates as ‘Wisdom ahead’. The school is central to the regions cultural and social dynamics, and has historically produced some of the country’s most iconic figures straddling politics, academia, industrial and other fields.

The phrase is unique, as it’s a derivative from a local language, as opposed to schools with phrases from foreign languages.

Mang’u High School: Jishinde Ushinde

The name Mangu rolls off the tongue as a strong bragging high school favorite. Their motto, in Swahili – “Jishinde Ushinde” is simple, catchy. It loosely translates to “Conquer Yourself to Conquer” in English.

This is an ideal demonstrated in the school’s stellar performances, over several decades. It also helps that the school only admits the country’s best performers in KCPE.

Nairobi School: To the Uttermost

Well, in everything you wish to do, do to your uttermost. Give all it takes. There’s no holding back. I’d imagine the phrase ‘To the Uttermost’ would be an apt rallying call for an advancing army, and would be very encouraging to high school students.

Beyond high school, Nairobi School’s alumni would still find power and resolve, as they face cut-throat corporate and entrepreneurial sectors. It defines excellence.

Nairobi School – To the Uttermost (file images)

Kenya High School: Servire est Regnare

The Latin Phrase ‘Servire est Regnare’ is shared by Groton School, a private boarding school in USA. The English translation, as often occurs with complex Latin, several outcomes. But, in essence – “To serve is to rule”, or “For whom service is perfect freedom”

Kenya High is one of the best performing national schools in Kenya, and has very tight admission requirements. Only the country’s top KCPE performers attain admission.

Whichever high school your child attends, they all face the same challenges. Top of this agenda, is handling cash.

Luckily, digital banking has taken over and it’s much easier, and safer.

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 – or wayward street-level thieves

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 a good idea to visit the nearest Co-op Bank branch to learn about Co-op Pre-paid card, or click here.

Betting enthusiasts are moving in their droves to the latest jackpot.

Shabiki.Com has launched what is clearly the easiest jackpot in Kenya and customers are loving it, if online reviews are anything to go by.

Shabiki Jackpot Mbao is the only progressive midweek jackpot in the Kenyan market right now available for play at twenty shillings.

Fans have heaped praise on the jackpot lauding its reachability at only 13 games, a first of its own kind in the Kenyan gaming industry.

Having not been won last week, Shabiki Jackpot Mbao now stands at Ksh.20,207,609 and this week’s coupon is already available for play on www.shabiki.com/jackpot.

In a post placed on their Social Media pages, Shabiki.Com highlighted the ease of the jackpot when they announced bonus winnings for 10 and 11 correct predictions. 12 correct predictions also gets bonuses.

While announcing the launch of the Jackpot, Mr Fred Afune, a director at Shabiki.com said this was in response to their promise to keep adding to the products available for play on their platform.

He also adds that they will continue giving more innovative products to keep the gaming industry as entertaining as it should be.

To win this week’s cash prize of Ksh.20,207,609, correctly predict 13 games on the Shabiki Jackpot Mbao here https://shabiki.com/Jackpot/Home

When you think of schools, you first think of the academics and how well the school students perform in the national exams but what if I told you that some schools offer more than just this?

There are some schools that have a track record of mentoring tomorrow’s stars and teaching them how to better harness their talents and start them off on their craft.

Perhaps what these schools did best was simply to instil confidence in these future stars and showed them that they had what to takes for them to pursue their dreams and actually put them on the track to actualize them.

And in this regard, there are two schools that seem to be head and shoulders above the rest when it comes to putting their students with talents in confident positions to put their mark in Kenya and they are:

Hillcrest

Fena Gitu

The artist was encouraged to pursue her talents by her teachers at the school.

Size 8

Bet you didn’t know this gospel singer and pastor attended this expensive and prestigious school.

Edith Kimani

The media personality too is an alumni of the school.

 

St Marys

Uhuru Kenyatta

Kenya’s 4th president is an alumni of the school.

Adelle Onyango

Former Kiss 100 presenter and female rights activist too is an alumni of the school.

Jeff Koinange

The former CNN anchor and celebrated media personality is known for his baritone is a former school student.

Lupita Nyong’o

That’s right the Hollywood star is an alumni of the school.

 

So if you’re picking a school for your talented children, you know to look for schools that boast a great number of celebrity alumni, schools with a strong extracurricular activities culture and teachers who are great mentors.

But when it comes to school fees, Co-op Bank has a solution for you. That’s right, you can get yourself a partner that can help you pay and that is Co-op Bank. Why? Because school fees are all about planning. You should not wake up to realize that fees is due tomorrow and you had not planned for this eventuality even though you’ve lived large for some long holiday weekend. You need a partner who can help you map out the entire financial plan and ensure you get the best possible option for your child(ren).

With the Co-op Bank innovations and partnerships, you can pay school fees and buy new uniforms without having to bear the risk of carrying huge sums of money around. I mean, it would really be a comedy of tragedies if you misplaced that money or it was liberated from you right?

In addition to this, you can also load up your child’s pocket money to their Co-op Bank Pre-paid.

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 dont 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.

Click here to find out more.

Education is the foundation every child needs to make something out of their lives. At school, children not only learn academic subjects but also how to interact with their peers.

Kenyan celebs who attended the most expensive schools in Kenya

Schools allow children to learn how to integrate in society and what is normal and what isn’t among their peers. They also learn intrinsic skills and facts about themselves and their personalities.

But just like with everything in life, there are different buy-in levels to education. Some can only afford the free option offered at government schools while others go for a literal gold-standard of education.

Size 8: A powerful success story against all odds

And some schools are truly expensive. Some schools charge enough school fees for you to build a home after just two years of your child being in attendance. Let’s check out which Kenyan schools are the most expensive.

1. International School of Kenya (ISK)

The school has almost 1000 students from over 60. The institution is a non-profit centre that started as a joint partnership between the Canadian and United States governments. ISK offers the North American accredited diploma curriculum. New students pay an admission fee of $400 and a one-time capital levy of $10,00, which caters for capital expenses. The tuition fee ranges between $16,974 for kindergarten kids and $32,543 for Grades 11 and 12.

2. Greensteds International School

Greensteds is a co-educational day and boarding school offering the British curriculum from early years’ students to A level. The school is in Nakuru County, 16km from Nakuru town, and a few minutes from Nakuru National Park. Students joining the playgroup level will pay a fee of KShs 49,500.
In the first and second year, students pay a whopping KShs 131,000, while boarders who join at the same level pay KShs 401,500.
Grade 12 and 13 boarding students pay KShs 848,000 per term. The boarding fee is inclusive of accommodation, meals and tuition.

3. St Andrew’s Turi

This school is in Turi, a hidden spot between Nakuru and Kericho. St. Andrews Turi is famous for its high-quality education and firm Christian values. The institution’s core values are compassion, integrity and courage. Nursery school children pay KShs 171,000 per term, while Grade one and two boarding students pay KShs 650,000. In addition, students pay a 50% deposit of term one’s boarding fees, which is refundable upon leaving. The school also offers a 5% discount on basic costs for second and subsequent children.

4. Brookhouse School

Brookhouseis found in Karengata, Nairobi and started in 1981. It is an independent British curriculum co-educational day and boarding school that provides early years, preparatory and secondary schooling. It is one of the best IGCSE schools in Kenya and has two campuses in Kenya; Runda and Karen.
Brookhouse students pay an admission fee of approximately KShs 45,000. In addition, the tuition fee is around KShs 860,000 per term.

5. Peponi School

Peponi School is another leading institution in Kenya. It is founded on Christian principles and started in 1989 as a first-class co-educational boarding school based on the British Independent School system. For admission at Peponi, full boarders pay KShs 1,115,180 while weekly borders pay 1,053,175. Day students pay KShs 731,510. There are extra charges for activities like music and any exams related to the same. Parents also pay a refundable caution deposit upon admission.

6. Hillcrest International School

Hillcrest International School is in the suburbs of Karen, Nairobi. The school was established in 1965 as a pre-school and gained international status in 1972. It is a British Curriculum School with three sections:
Hillcrest Early Years
Hillcrest Preparatory School
Hillcrest Secondary School
For admission to the preparatory school, parents pay a tuition fee of KShs 645,900 while the early years students spend an estimated KShs 330,450. There are also transport charges and a caution deposit fee upon admission.

And when it comes to school fees, do you know a partner that can help you pay is Co-op Bank. Why? Because school fees are all about planning. You should not wake up to realize that fees is due tomorrow and you had not planned for this eventuality even though you’ve lived large for some long holiday weekend. You need a partner who can help you map out the entire financial plan and ensure you get the best possible option for your child(ren).

With the Co-op Bank innovations and partnerships, you can pay school fees and buy new uniforms without having to bear the risk of carrying huge sums of money around. I mean, it would really be a comedy of tragedies if you misplaced that money or it was liberated from you right?

In addition to this, you can also load up your child’s pocket money to their Co-op Bank Pre-paid.

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 dont 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.

Click here to find out more.

A 63 year old Multimedia University lecturer will go into retirement with great delight after his brief foray into sports betting rewarded him with every man’s dream – a comfortable abode in days of old.

Dishon Kiiru took chance with leading betting firm Mozzartbet and wagered ten shillings for his very first time.

As fate would have it Kiiru not only the twenty-game multi-bet but added a brand new motorcycle and a furnished house in Kamakis, on the outskirts of Kenya’s capital Nairobi.

His dabbling into sports betting coincided with a hugely rewarding Wow Ni Has Promotion rolled out by Mozzartbet.

The month long promotion penciled for 1st to 30th April 2020 seemed tailored for the jolly old lecturer who was prodded into betting by his ambitious students.

“I’m really happy heading into retirement. God has remembered me at a very good time and I’m grateful. The only advice I can give is for people to bet responsibly,” quipped the jubilant tutor.

Wao Ni Hao was an exciting promotion that dished out daily motorcycles throughout the month of April for Mozzartbet customers who strung together the longest winning multi-bets with just two conditions: a minimum stake of ten shillings and a minimum odds of 1.35.

“Mozzart is very excited to have made an impact in your lives and hope that the gesture goes a long way in touching others related to you.

We wish you the very best as you embark on the next phase of your lives with the motorbikes, and for the grand prize winner as you move to your imposing new home,” said Mozzartbet Deputy Country Manager Akino Wakai

The diversity of our 30 winners typifies the rich fabric that Kenyan the nation is made of. From tender ages of 21 years all the way to the sixties, you showed that anybody can be a winner.

To the only lady in the winning team, congratulations. We are very proud of you. Please come forward and greet the house.
There is no gender barrier to success at Mozzartbet and this lovely lady is proof that what men can do we can do even women can do. The womenfolk must not shy away from engaging in such promotions because there is an equal chance for everyone,” He added.

Mozzartbet Marketing Manager Frank Ochieng sensitised punters on responsible gaming and lauded industry regulators BCLB for keeping all players in the straight and narrow.

Mozzartbet has sustained a number of Community Social Responsibility activities that impact Kenyan communities positively.

The company has distributed medical equipment to amounting to millions of shillings to health institutions across the country.

Communities in arid and semi arid areas have equally benefitted from boreholes sunk by the company.

Schools are finally opening and for most people, that means traffic has increased as well as the added stress of having to raise school fees and buying school stationery and uniform.

The thing about school fees is that though it can indeed e a hustle, you have to learn how to alleviate the pain of both preparing yourself or it and actually paying up. And I know it can be tough if your son has taken after his father… Pulling the tail after every exam.

Co-op Bank has however come up with several solutions that can help facilitate you paying fees.

Below are effective online solutions from Co-op bank that are effective and convenient for parents to ensure that they access and remit school fees for their children.

  1. M-Pesa PayBill

To pay your child’s school fees conveniently via M-Pesa PayBill:

  • Go to Lipa na M-Pesa (PayBill)
  • Enter Business Code 400222
  • Enter Account Number as the School Code, next press # followed by the student number, for example, 1469#10023478989 (NB: Click here to confirm your school’s coordinates)
  • Enter amount
  • Enter your M-Pesa PIN
  • Confirm transaction

Receive SMS confirming a successful transaction.

  1. MCo-opCash

While paying for school fees via MCo-opCash:

  • Log into your MCo-opCash App
  • Select Other Payments
  • Select School Fees
  • Enter your school business number or school code/; click here to confirm your school’s coordinates
  • Enter the account to transact from
  • Enter the student number
  • Confirm your transaction

Receive SMS notification confirming the transaction is complete.

  1. Co-op Internet Banking

If you have registered for Co-op internet banking, you

  • Log in to Co-op Internet Banking
  • Select ‘Bank Transfer’
  • Enter the school’s account and student details
  • Confirm the transfer
  • Confirm transaction and print out the receipt
  1. PesaLink

If you’re paying school fees from your Co-op Bank account to a different bank account, you can link your bank account to access the following PesaLink services:

  • Co-op Kwa Jirani Agents
  • Co-op Bank ATMs
  • Co-op Bank Mobile Banking (MCo-opCash)
  • Different Co-op Bank branches

To gain access to PesaLink services, here is a quick guide:

– Launch the MCo-opCash App or dial *667# to access MCo-opCash from your phone

– Select PesaLink

– Link your mobile number to your Co-op Bank account

PesaLink is a free service with zero charges when linking your bank accounts.

  1. Co-op Kwa Jirani

If you don’t have a Co-op Bank account, you can deposit your child’s school fees directly to the school account at the nearby Co-op Kwa Jirani agent. You no longer have to send your children to school with liquid cash. So be on the safe side.

Co-op Kwa Jirani services are available at your nearest local market or town.

  1. Co-op Student’s Card

Long gone are the days of broken boxes and stolen pocket money. Your child does not need liquid cash while in school. We all know how it goes in schools; things can get nasty.

With Co-op Student’s Card, your child is issued a pre-paid Visa card that can mean a lifeline while in session. Your child can purchase goods from the school canteen via a Process Data Quickly (PDQ) machine.

In addition, you can cap a monthly or weekly limit to a specific figure as per your budget. If your child needs access to liquid cash during school breaks, they can withdraw funds from any co-operative Bank ATM or a nearby Co-op Agent.

To access a Co-op Student’s Card, visit any Co-op Bank branch with the following documents for processing:

  • Student’s school ID
  • Student’s Birth Certificate
  • Parents ID
  • Parents KRA Pin

Parents can top up their children’s Co-op Visa Cards via Co-op Kwa Jirani, Mpesa PayBill or direct transfer from their accounts.

Why risk sending your child to school with loads of cash for shopping? Students can use the Co-op Student Card to pay for their shopping as they head to school. Either way, you can pay for their shopping using your Co-op Visa Credit or Debit Card at zero cost.

School fees payment has never been much more straightforward. Are you still stuck up in the analogue era?

Sign up with Co-op Bank today to enjoy these fantastic and convenient services.

Schools are back in session and everyone has their eyes set on one particular candidate. His name is Trio Mio and he is the most famous form 4 on the face of Kenya.

The national exams beckon him at the end of this academic year and Kenyans are already waiting to give their opinions on why he performed the way he did, pass or fail.

 

I. however, would argue that Trio Mio already has a headstart at making it in life in comparison to his peers and what he really needed was a school that has teachers who know that his talent needs nurturing.

Unbridled hunger for success: Nyashinski’s path

And the reason I say this is because we have seen other schools take care of their students with outstanding potential in arts. We have seen schools that taught their talented youngins like Trio Mio how to succeed in life through perseverance and focus.

That is where the choice of schools becomes very important. And in truth, this is a bit of a minesweeper game. There are no written rules on how to choose the best school that matches the trajectory of your child.

Festive hangups: Back to School with Co-op Bank

That said, Co-op Bank is here to help you deal with the less tricky but ever more present issues with education: school fees. They boast 6 solutions for you sorting that out with no issues:

  1. M-Pesa PayBill

To pay your child’s school fees conveniently via M-Pesa PayBill:

  • Go to Lipa na M-Pesa (PayBill)
  • Enter Business Code 400222
  • Enter Account Number as the School Code, next press # followed by the student number, for example, 1469#10023478989 (NB: Click hereto confirm your school’s coordinates)
  • Enter amount
  • Enter your M-Pesa PIN
  • Confirm transaction

Receive SMS confirming a successful transaction.

  1. MCo-opCash

While paying for school fees via MCo-opCash:

  • Log into your MCo-opCash App
  • Select Other Payments
  • Select School Fees
  • Enter your school business number or school code/; click here to confirm your school’s coordinates
  • Enter the account to transact from
  • Enter the student number
  • Confirm your transaction

Receive SMS notification confirming the transaction is complete.

  1. Co-op Internet Banking

If you have registered for Co-op internet banking, you

  • Log in to Co-op Internet Banking
  • Select ‘Bank Transfer’
  • Enter the school’s account and student details
  • Confirm the transfer
  • Confirm transaction and print out the receipt
  1. PesaLink

If you’re paying school fees from your Co-op Bank account to a different bank account, you can link your bank account to access the following PesaLink services:

  • Co-op Kwa Jirani Agents
  • Co-op Bank ATMs
  • Co-op Bank Mobile Banking (MCo-opCash)
  • Different Co-op Bank branches

To gain access to PesaLink services, here is a quick guide:

– Launch the MCo-opCash App or dial *667# to access MCo-opCash from your phone

– Select PesaLink

– Link your mobile number to your Co-op Bank account

PesaLink is a free service with zero charges when linking your bank accounts.

  1. Co-op Kwa Jirani

If you don’t have a Co-op Bank account, you can deposit your child’s school fees directly to the school account at the nearby Co-op Kwa Jirani agent. You no longer have to send your children to school with liquid cash. So be on the safe side.

Co-op Kwa Jirani services are available at your nearest local market or town.

  1. Co-op Student’s Card

Long gone are the days of broken boxes and stolen pocket money. Your child does not need liquid cash while in school. We all know how it goes in schools; things can get nasty.

With Co-op Student’s Card, your child is issued a pre-paid Visa card that can mean a lifeline while in session. Your child can purchase goods from the school canteen via a Process Data Quickly (PDQ) machine.

In addition, you can cap a monthly or weekly limit to a specific figure as per your budget. If your child needs access to liquid cash during school breaks, they can withdraw funds from any co-operative Bank ATM or a nearby Co-op Agent.

To access a Co-op Student’s Card, visit any Co-op Bank branch with the following documents for processing:

  • Student’s school ID
  • Student’s Birth Certificate
  • Parents ID
  • Parents KRA Pin

Parents can top up their children’s Co-op Visa Cards via Co-op Kwa Jirani, Mpesa PayBill or direct transfer from their accounts.

Why risk sending your child to school with loads of cash for shopping? Students can use the Co-op Student Card to pay for their shopping as they head to school. Either way, you can pay for their shopping using your Co-op Visa Credit or Debit Card at zero cost.

School fees payment has never been much more straightforward. Are you still stuck up in the analogue era?

Sign up with Co-op Bank today to enjoy these fantastic and convenient services.

Kenya has some very expensive and exclusive schools that have attracted the children of the who-is-who. The type of schools where school fees for one semester is worth more than a lot of Kenyan households earn in a year.

And the crazy thing you wouldn’t believe is that some Kenyan celebs actually studied at such schools. Yup, they attended schools where their parents had to pay north of half a million shillings per semester.

Let’s dive right into Kenyan celebs who attended Kenya’s most expensive schools:

#1. Nick Mutuma

The actor attended Braeside for his high school education. The school is a part of the Braeburn Group of Schools. The school fees per term of Braeburn International school is Ksh. 782,310 per term.

#2. Joey Muthengi

She attended Rift Valley Academy which is one of the most exclusive schools in the entire East African region. Interestingly enough, her brother, Holy Dave attended Machakos Boys… I laughed so hard when a good friend of mine revealed this fact. Talk about disparity.

#3. Anne Kiguta

She attended Rusinga School. Interestingly, she was classmates with yet another well known and celebrated Kenyan who also became a media personality; Waihiga Mwaura.

#4. Size 8

The gospel singer turned evangelist attended State House Girls before transferring to Hillcrest. She attended the school on a scholarship.

#5. Edith Kimani

Like Size 8, Edith Kimani started her high school education at State House Girls before transferring to Hillcrest on a scholarship.

#7. Michelle Morgan

She attended Hillcrest where the lowest amount of school fees a student would pay (or rather, have their parents cough up) is 567,000 per semester.

#8. Fena Gitu

The singing sensation too attended Hillcrest school. It’s almost like they were vying in an unknown contest to create the most Kenyan celebs.

#8. Almasi (Ian Nene)

The Machachari actor attended school at Brookhouse. This school whose main building looks like a castle is one of the most expensive schools in Kenya. Parents of a Grade 5 student have to pay 2.07 million Kshs per annum.

#9. Janet Mbugua

She too attended school at Brookhouse. And just to give you how bonkers the fees can become, Grade 12 parents pay a minimum of 2.37 million shillings a year as fees.

And when it comes to school fees, do you know a partner that can help you pay is Co-op Bank. Why? Because school fees are all about planning. You should not wake up to realize that fees is due tomorrow and you had not planned for this eventuality even though you’ve lived large for some long holiday weekend. You need a partner who can help you map out the entire financial plan and ensure you get the best possible option for your child(ren).

With the Co-op Bank innovations and partnerships, you can pay school fees and buy new uniform without having to bear the risk of carrying huge sums of money around. I mean, it would really be a comedy of tragedies if you misplaced that money or it was liberated from you right?

In addition to this, you can also load up your child’s pocket money to their Co-op Bank Pre-paid.

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 dont 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.

Click here to find out more.

As learners report back to their respective institutions, parents are under pressure to set all systems right. The kids have to report back to school on time. There are several hurdles.

How do they raise the required school fees? Yet again, how do they remit the needed school fees effectively, safely and conveniently to various learning institutions?

Co-op Bank has laid down various well-oiled mechanisms to see that parents have easy access to funds to cater for their children’s shopping and school fees. In addition, parents can conveniently remit school fees for their children to various institutions across the country and cater for their upkeep while they are in school.

Co-op Bank has revamped a range of online banking solutions to ensure that parents shop and remit fees for their children as schools reopen.

Below are effective online solutions from Co-op bank that are effective and convenient for parents to ensure that they access and remit school fees for their children.

  1. M-Pesa PayBill

To pay your child’s school fees conveniently via M-Pesa PayBill:

  • Go to Lipa na M-Pesa (PayBill)
  • Enter Business Code 400222
  • Enter Account Number as the School Code, next press # followed by the student number, for example, 1469#10023478989 (NB: Click hereto confirm your school’s coordinates)
  • Enter amount
  • Enter your M-Pesa PIN
  • Confirm transaction

Receive SMS confirming a successful transaction.

  1. MCo-opCash

While paying for school fees via MCo-opCash:

  • Log into your MCo-opCash App
  • Select Other Payments
  • Select School Fees
  • Enter your school business number or school code/; click here to confirm your school’s coordinates
  • Enter the account to transact from
  • Enter the student number
  • Confirm your transaction

Receive SMS notification confirming the transaction is complete.

  1. Co-op Internet Banking

If you have registered for Co-op internet banking, you

  • Log in to Co-op Internet Banking
  • Select ‘Bank Transfer’
  • Enter the school’s account and student details
  • Confirm the transfer
  • Confirm transaction and print out the receipt
  1. PesaLink

If you’re paying school fees from your Co-op Bank account to a different bank account, you can link your bank account to access the following PesaLink services:

  • Co-op Kwa Jirani Agents
  • Co-op Bank ATMs
  • Co-op Bank Mobile Banking (MCo-opCash)
  • Different Co-op Bank branches

To gain access to PesaLink services, here is a quick guide:

– Launch the MCo-opCash App or dial *667# to access MCo-opCash from your phone

– Select PesaLink

– Link your mobile number to your Co-op Bank account

PesaLink is a free service with zero charges when linking your bank accounts.

  1. Co-op Kwa Jirani

If you don’t have a Co-op Bank account, you can deposit your child’s school fees directly to the school account at the nearby Co-op Kwa Jirani agent. You no longer have to send your children to school with liquid cash. So be on the safe side.

Co-op Kwa Jirani services are available at your nearest local market or town.

  1. Co-op Student’s Card

Long gone are the days of broken boxes and stolen pocket money. Your child does not need liquid cash while in school. We all know how it goes in schools; things can get nasty.

With Co-op Student’s Card, your child is issued a pre-paid Visa card that can mean a lifeline while in session. Your child can purchase goods from the school canteen via a Process Data Quickly (PDQ) machine.

In addition, you can cap a monthly or weekly limit to a specific figure as per your budget. If your child needs access to liquid cash during school breaks, they can withdraw funds from any co-operative Bank ATM or a nearby Co-op Agent.

To access a Co-op Student’s Card, visit any Co-op Bank branch with the following documents for processing:

  • Student’s school ID
  • Student’s Birth Certificate
  • Parents ID
  • Parents KRA Pin

Parents can top up their children’s Co-op Visa Cards via Co-op Kwa Jirani, Mpesa PayBill or direct transfer from their accounts.

Why risk sending your child to school with loads of cash for shopping? Students can use the Co-op Student Card to pay for their shopping as they head to school. Either way, you can pay for their shopping using your Co-op Visa Credit or Debit Card at zero cost.

School fees payment has never been much more straightforward. Are you still stuck up in the analogue era?

Sign up with Co-op Bank today to enjoy these fantastic and convenient services.