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Absa Kenya to Empower 1 Million Women Entrepreneurs With Absa She Business Account

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“If we do not do anything about these structural challenges, we are setting ourselves up for failure as a country. Inclusion is not just a nice thing to do, it is the right thing to do and a key success factor that the business community and country leadership should embrace. That is the motivation behind the Absa She Business Account which is tailor made for the needs of the woman entrepreneur, whether you are starting out in business or running a big corporation. What makes this proposition even more exciting is that it is packaged in a way that offers more value than just financial solutions,” Mr. Awori said.

Presiding over the launch event, Cabinet Secretary for Public Service, Youth and Gender Affairs, Prof. Margaret Kobia lauded Absa for its efforts in championing women empowerment programmes and called upon more organizations to facilitate similar forums for the realization of Sustainable Development Goals of Reduced Equalities and Gender Equality.

READ ALSO>>>>>Alarm as Pay Gap Pushes Women Into Poverty During the Pandemic

“My ministry remains committed to continued engagement with the private sector and other strategic partners in building back a stronger economy that puts women, young people, Persons with Disability and other disadvantaged groups at the heart of the economic recovery strategies for greater investments and growth directed at women.” noted Prof Kobia.

A report published by the Central Bank of Kenya in 2018 indicates that there are 517,000 registered women owned businesses, 33% of which are small and medium enterprises in Kenya. A further study by the International Finance Corporation (IFC) estimates that over 70 per cent of women-led SMEs across every region are either financially unserved or underserved.

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Absa Business Banking Director Elizabeth Wasunna said, “The introduction of the Absa She Business proposition reflects our gender and economic diversity as we seek to provide integrated offerings for women-led businesses which have incredible growth potential. As a financial partner our purpose is bringing possibilities to life, and we are re-dedicating ourselves to empowering businesswomen in Kenya with information to help them not only succeed but also scale up their businesses to the next level.’’

The bank will partner with various institutions including the International Trade Centre (ITC), Kenya National Chambers of Commerce and Industries, Kenya Association of Manufacturers, Development Finance Institutions, corporate customers, among other institutions, to scale the impact of both financial and non-financial interventions. Through these partnerships, Absa She Business account will offer online Workshops and seminars that address gaps in business, management and leadership skills, wealth management, among others.

“We need to encourage as many entrepreneurs as possible to register their businesses, formalize their operations and maintain good records of their transactions. These are important factors that determine entrepreneurs’ ability to attract investment, credit, and other business opportunities. These lessons are an integral part of our new proposition and I encourage you all to talk to us as you sign up,” Ms Wasunna said.

This proposition also provides insurance cover for all insurable business risks as well as medical and motor insurance at competitive rates. Last year, Absa announced a Sh10 billion credit to women-owned small and medium enterprises as well as partnered with the International Trade Centre to enable women businesses participate in the global export/import trade. Today more than 8500 women have benefited from this program.

READ ALSO>>>>>Supporting the Women Who Fuel Africa’s Future&#821

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New Bae? Sherlyne Anyango Gets Naughty With Mzungu In The States (Video)

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After declaring that long distance relationships aren’t for her, Sherlyne Anyango might have bagged herself a new mzungu boyfriend. It’s barely days since she left the country to go to the States to ‘hustle’. According to her, it’s easier to hustle in the States with her twerking talent.

Love At First Sight?

Photo-Courtesy/

Well, she moved on quickly! This was the reaction of most of her fans after Sherlyne went live with her new catch. Most people were surprised by how fast she possibly got a boyfriend. But she hasn’t made it clear.

While this might seem unfair to her Kenyan bae, Oga Obinna, it was a mutual agreement between them to dissolve their relationship due to the distance between them.

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”I’m a single boy again now😪😱!! Now with the standards you set who will fit in🤷🏿 who will fill your shoes??But Si Ni Life… But for now Kill Them with your AWESOMENESS and SECURE THE BAG!!! Don’t let nobody tell you otherwise. Plus there will always be space for you in my Heart and Kidney🙊🙈🙏🏿.”

In line to this, Sherlyne had also declared how much she misses Obinna and wrote back to him;

  ”Don’t make me cry. That’s life 😞😞. I feel bad. I miss you badly.”

Well, turns out she won’t be missing him any more after getting a new catch. Obinna has not yet responded to Sherlyne’s video posted on her Insta stories. I bet he’s not happy seeing her with another man.

Below is the video;


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Tips to help you get the perfect blazer Eve woman

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 Choosing a blazer is key as it can either break or make your outfit (Image: Pinterest)

 

When it comes to buying or tailoring a new blazer, most people think it’s all about getting what fits. Even though that is one of the most vital things to focus on when selecting blazers, there are other things you need to look out for in order to have a perfect and versatile blazer.

Versatile is not just about being able to match most pieces in your closet, but something that will enhance your outfits and define your best features while at it. In case you are wondering on where to start with buying a blazer, start here:

 Always go for a colour that will pair well with most pieces in your closet (Image: Pinterest)

Yes, this is the first thing you should consider before making or buying yourself a blazer. You need to check your closet and consider the most dominant colour and pieces, can they be layered with a blazer or paired together?

Once that is set, you are good to go, though the more colourful a blazer is the more fun you will have pairing it with other pieces.

When selecting the perfect blazer always be very careful not to choose a small blazer. You might confuse a small blazer for a fitting one.

It should not be too tight that your shoulders cannot move in it or you can barely button it.

Although ladies are lucky they can go with any arm length, because it can be considered fashionable, ensure that it is your size. Also, avoid going for extra-large coats that will drown you and hide your best features.

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 The design and texture of a blazer will play heavily on how good you look (Image: Pinterest)

A blazer is in between a suit jacket and a hoodie. Meaning, it should be able to pass for official and casual events. Let your guide be what you are buying it for.

There are different kinds of blazers ranging from open front blazers, single breasted blazers, belted ones, the list is endless.

Always go for a blazer that resonates with your style and closet items. Also, long blazers are classier and versatile than the shorter boyfriend ones. This is in terms of versatility.

Are you looking for a linen blazer, cotton or the suit material fabric? Do you want it shiny or matte? Do you need one with metal studded elements or with embellished buttons like the army? The kind of texture you go for will determine the way you dress your blazer.

Although blazers are meant to match with all outfits, the kind of design you go for can either limit your outfit choices or broaden your matching game.

 The longer the blazer, the more you can play around with your pieces (Image: Pinterest)

They say the longer the blazer, the double the respect. You already know what I mean by this. Longer blazers are more eye catching, trendy and versatile. It will be easier for you to pair them to a tiny skirt, pencil trouser or palazzos.

Also did I mention how well they pair with crop tops? Yes, when buying a blazer, the length is very important.

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Sewage Menace in Pipeline, Residents Cry For Help

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By Milo George

Residents of Pipeline Transami area are decrying poor drainage system that has caused sewage water to overflow in their area of residence.

The residents claim that the overflowing sewage is not only putting their lives at risk but also causing air pollution.

They have called on Nairobi Metropolitan Services and Nairobi City Water and Sewage Company to come on board and expand the sewer lines before more areas are flooded with raw human wastes coming from the blocked pipes.
“We want Major Badi and our leaders to resolve this menace immediately. It’s terrible many have been forced to shift their businesses because of the foul smell,” they said.
Pastor Joe Ndivoh of Word Evangelistic Explosion Ministries says that they have been forced to call off the Sunday School Service to protect the children from the smelly sewage.
‘‘We now fear that if prompt action is not taken then we will have a bigger health problem than this because we fear there could be an outbreak of water-borne disease anytime,’’ Pastor Ndivoh added.


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