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Kenya Bankers Association (KBA), Huawei Ink Partnership Agreement To Promote Tech-Driven Financial Inclusion, Fintech Capacity Building

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The partnership seeks to promote tech-led financial inclusion as well as Fintech ICT Capacity; The two organizations have convened a summit on ICT and financial inclusion.

The Kenya Bankers Association (KBA) has signed a collaboration agreement with tech-firm Huawei-Kenya that seeks to deepen financial inclusion in the banking sector through further deployment of technology and building fintech capacity.

In the partnership, KBA will work closely with Huawei-Kenya to spearhead industrywide capacity building initiatives aimed at promoting knowledge on financial technology innovation, digital transformation, and other ICT-related programmes in the banking industry.

Under the partnership, KBA and Huawei will also aim to promote financial inclusion activities in line with the KBA Strategic Plan for the period 2020 to 2023. Launched last year, the Plan seeks to promote access to affordable financial services through tech-aided operational efficiency.

Speaking during the signing of the agreement, KBA Chief Executive Officer Dr Habil Olaka said the cooperation would go a long way in promoting the delivery of efficient banking services in Kenya through knowledge-sharing programmes that will be organized by the two institutions.

“This partnership will further focus on research and knowledge-sharing activities, which will supplement the research initiatives that continue to be spearheaded by the Association’s Centre for Research Financial on Markets and Policy®. In this regard, the collaboration will certainly augment KBA’s and member banks’ knowledge base in engagements with diverse stakeholders from a fact-based perspective,’’ Dr Olaka added.

The partnership comes on the heels of the 2020 edition of the Huawei-KBA Online FSI Summit slated for 30th September this year. The forum is among the initiatives Huawei and KBA are jointly implementing to promote the delivery of efficient banking services through technology under the cooperation agreement.

Huawei-Kenya Chief Executive Officer Mr Will Meng welcomed the partnership, saying technology will remain a core driver towards enhancing convenient access to financial services in light of disruptive occurrences such as the ongoing Coronavirus Disease pandemic.

‘’The theme of the upcoming summit is ‘’Building Banking Core Competence through Digital Transformation to Accelerate Inclusive Finance’’. It is one of the initiatives we are rolling out in Kenya in partnership with the Association to ensure we optimally leverage on technology to achieve affordable and accessible financial services in the regional economy,’’ said Mr Lee.

The summit comes at a time when the global economy is coping with the impact of Coronavirus Disease. Dr Olaka noted that the banking industry has continued to tap into the potential of technology to uphold business continuity and supporting customers, a culmination of efficient deployment of technology by the banking sector during this period.

“Beyond the COVID-19 disruption, we see technology as an invaluable enabler of financial inclusion. I have no doubt that the summit along with the KBA-Huawei collaboration will play a significant role in our collective efforts to entrench technology in our operations and sustain our contribution to the national development agenda,’’ Dr Olaka said.

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Some Pastors And Politicians Are Planning To Kill Kennedy Agyapong : Prophet Nhyiraba

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In the words of Prophet Nhyiraba, “some pastors and politicians are planning to assassinate Ken Agyapong, hence he should be extra careful”.

Prophet Nhyiraba who is said to have predicted the collapse of the church building at Akyem Batabi recently in an interview made these statements.

According to him, the maverick politician needs to step up his game as he’s the next to be wiped out from the face of the earth by some people close to him.

It’s almost that time of the year again when men of God drop prophecies of what is expected to happen in future. This here comes another.

Adding on, he[Prophet Cephas Nhyiraba] said those planning evil against him include pastors because of his recent exposé of some pastors.

Prophet Nhyiraba in the same interview disclosed that a popular Kumawood actor would soon kick the bucket adding that his death would shock the whole entertainment industry.

He explained that he questioned the God why he was showing this to him and it responded that there would be death to hit the Kumawood movie industry.

It continued that the death would happen this year (2020) and this actor’s death is as a result of the evil things and deeds he has been engaged in for a long time.

He adds the only means the impending death can be prevented is for the actor in question stop all the evil things he is doing.

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#EndSars: Lagos Governor Reveals Who Ordered The Lekki Toll-Gate Shooting

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Governor Babajide Sanwo-Olu of Lagos State has now disclosed the one who ordered Lekki Toll Gate Shooting.
According to him, the Nigerian Army ordered the shooting of the peaceful protesters at the gruesome incident which happened on Tuesday, October 20.

On Monday, the Governor told CNN that looking at the footage he saw, Nigerian Army ordered the shooting.

In his words; “From the footage that we could see, it seems to be that men in military uniform, which should be Nigerians Army ordered the shooting.

”They will be available for the judicial panel to review. They will certainly be held accountable, we will do everything possible to make sure they are held accountable.

”When the report is out we will channel it to all the relevant authorities in the state to ensure that everyone found culpable is accountable for the act.”

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NPP Promise Rental Help For The Youth If They Are Elected For Another Four Years

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The Akufo Addo led administration has promised to give a rental assistant to the youth if they give them the power to do another four years.

This was made known by the ruling NPP communication Team Member, Nana Akomea indicating that the policy will pay rent in advance for young people to help them not force themselves to get huge money to pay for rent.

The NPP communication officer revealed that when they are reelected they will set up an agency ‘National Assistance Scheme’ to provide low-interest loans for rent.

Nana Akomea noted that the government has noticed the problem with young people getting money to pay two years advance for accommodation to eradicate the burden on young people.

In Ghana, Land Lords takes 2 years advance for rent despite it being a utility like water and light bill which are paid on monthly basis.

However, the Akufo Addo led government has promised to protect the young ages by setting up an Agency if they are given another tenure.

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