THE GREEN KITCHEN WITH LG APPLIANCES

As part of LG’s ethical vision, the company has invested significantly in green technology designed  to  make  its  products  more  energy  efficient  and  environmentally  friendly.
LG has worked to develop a green line that includes every type of home appliance.  The company’s innovative Door-in-Do refrigerators show that environmentally-conscious design can improve products in other ways as well. LG’s ergonomic Door-in-Door refrigerators allow users to place select items specialized  compartments,  granting  quick  and  convenient  access  to  some  of  the  more commonly used items in the kitchen.
In addition to helping keep the kitchen more organize the Door-in-Door system means users no longer need to open the entire refrigerator  grab  something  as  simple  as  a  milk  carton,  making  it  easier  to  maintain  cold  intern temperatures and reducing energy consumption. The  refrigerators  are  also  equipped  with  LG’s  power Inverter  Linear  Compressor  which  increases  energy efficiency  and  allows  the  refrigerators  to  operate  more quietly.
 LG’s versatile Inverter technology is found in number different products, from air conditioners to vacuum cleaners.  LG’s advanced Door-in-Door refrigerators all boast smart internet of things (IoT) capabilities which allow for  users  to  check  inventory  and  network  with  other appliances. The connected technology and environmental friendly features of LG’s Door-in-Door refrigerator provides

Jambojet records profits in first half year 2015

Jambojet, the low cost brand of Kenya Airways, today reported financial results for the first six months ending September, recording  a profit of Kes57 million compared to a loss of Kes237 million during the same period last year.
Jambojet’s results show that for the period between April and September, the number of seats flown decreased by 6.6% while the number of passengers carried increased by 14% resulting in an increase in load factor to 75% versus 60% last year.
“We are very proud of these results. I'm delighted that after the startup losses during our first six months in 2014, we have now achieved a healthy growth margin during the first six months of this year. Due to our low cost model, we are able to offer very affordable fares and show a positive result at the same time,” said Jambojet CEO William Hondius.
The Kenyan Shilling depreciated against the dollar by 13% compared to the same period in 2014 as fuel costs decreased by 53%. The combination of the lower fuel cost and the stronger dollar resulted in a loss of Kes56 million.
Jambojet has seen solid progress in growth, increasing its daily flights to Eldoret by 50%, each way, and now flies three times daily to Eldoret, except Sundays when it has two flights a day.
“Our introduction of the two Bombardier Q400 aircraft made it possible to add new routes resulting in an increase in customers. We now have more work and opportunity ahead to ensure more Kenyans can access affordable flights as we continue to execute our long-term plan,” added Hondius.
Jambojet’s commercial initiatives continue to gain traction with the recent completion of the runway extension at Ukunda Airport by Kenya Airports Authority which will help boost business and tourism in the coastal region. Jambojet will now be able to fly close to full capacity on its Bombardier Q400 aircraft which carries 78 passengers.
Since introducing flights to Ukunda, passenger numbers have more than doubled with an all-time high in August this year of 10,800, putting the carrier on the right trajectory to stem the erosion in operating revenues by end of the financial year.
Jambojet’s profits show that the low cost model works in Kenya and that travellers understand and have embraced the model. Since inception in April last year, about 30% of the carriers passengers are first time flyers. Jambojet now holds a 35% market share in the Kenyan domestic market.

LG gives a new lease of life to amputees in Kenya

(L-R ) Dr. Michael Maru clinical services manager, PCEA Kikuyu hospital explains to
Taeick Son Managing Director LG Electronics how artificial limbs work . Looking on is
Ms. Velma Akeno one of the beneficiaries of the company’s program at the hospital’s
orthopedic unit. LG Electronics presented a cheque donation of sh3million which will
go towards subsidizing the cost of artificial limbs to make them affordable
 to patients from humble backgrounds from across the country.
LG also donated 10 television screens to the institution.

It is stating the obvious to say that in addition to helping improve lives, philanthropic ventures and corporate social responsibility (CSR) activities are an excellent way for a company to grow its brand.

LG is one such corporate that is helping to lead the way with its highly efficient products and CSR activities that are helping to redefine the company both as an innovator and humanitarian crusader.

The company’s involvement in charitable causes has continued to set it apart from profit-driven competitors and helped improve countless lives.

One such initiative here in Kenya is its nine yearlong partnership with PCEA Kikuyu hospital’s orthopedic rehabilitation unit. The company has been providing artificial limbs to patients from humble backgrounds from across the country with amputated legs or arms.

It can be very traumatizing and life changing when someone suddenly loses their limbs. Losing a part of self can be a devastating experience. The sadness and confusion one may be feeling is not self-pity or feeling sorry for oneself. This is a great loss that needs to be treated as such.

One can lose all or part of an arm or leg from a number of reasons including traumatic injuries from accidents, diabetes, cancer or even birth defects.

If you are missing an arm or leg, an artificial limb can sometimes replace it. The device, which is called prosthesis, can help you to perform daily activities such as walking, eating, or dressing. Some artificial limbs let you function nearly as well as before.

LG’s partnership with PCEA Kikuyu hospital has seen nearly 600 patients from humble backgrounds get assistance to acquire artificial limbs which would otherwise be out of reach for them.

This program has helped many get back on their normal lives, people who would otherwise be greatly affected especially if their line work was particularly dependent on the function of the lost limb.

The company recently presented Sh3Million cheque to the hospital’s management as part of this year’s sponsorship. Over 50 more patients are set to benefit this year with the sponsorship going into subsidizing the cost of limbs to make them affordable.

This year, also as part of community engagement, the company also donated 10 LG Television screens to the institution which will be mounted in the orthopedic wards.

PCEA Kikuyu hospital’s orthopaedic unit is located in the outskirts of Nairobi and specializes in rehabilitative orthopaedic surgery for persons with Physical impairments and general orthopaedics.

Apple lands new local distributor

In a move to bring the Apple brand experience and converging technologies closer to consumers, Apple in partnership with Netsol, a local electronics distributor has today officially opened the first Apple Experience Centre in East Africa.

Located in Lavington Mall in Nairobi, the dedi

cated Apple Experience store which was set up in partnership with Apple will retail the complete suite of Apple products from iPhone, ipads, Macs and other accessories.

Speaking during the launch, Netsol Managing Director, George Towey said, “We are pleased to be partnering with Apple to bring their products closer to our consumers in Kenya. We believe that a visit to the Netsol Experience Centre will open our customers' eyes and hearts to one of the world's most iconic brand as they will not only experience the latest and most stylish Apple products but also get to interact with our able technical team on related technologies and applications.”

The opening of the fifteen million shillings experience store which coincided with the launch of iPhone 6s and iPhone 6s Plus is part of Apple’s strategy to foster after sales service for its flagship products across the region.

The iPhone 6s will retail for USD 850 and iPhone 6s plus will retail at usd 900 usd for the 16GB variant, while the 64GB and 128GB variants will be vary respectively. All costs are subject to government added tax.  Get price details when you visit the shop at Lavington mall.

The iPhone 6s and 6s Plus comes with a new 12-megapixel rear camera that also supports 4K video recording. The iconic phone also feature new 'live photos' that let you capture audio to go with your 'photos', including frames just before and after the moment you capture. They also come with a new Touch ID fingerprint scanner that's twice as fast.

“As a business we have embarked on a growth journey that will see us open up an additional store in Two Rivers in Q1 in 2016. As a local dealer we are keen on not only growing the Apple market in the region but also deliver the ultimate Apple experience to our customers”. Said Towey

He further explained that, “This investment demonstrates our long term affiliation with Apple and our growing optimism regarding the region’s business prospects. “We are proud to be associated with a trusted brand such as Apple and we ready to latch onto the company’s continued innovation and steady growth,” he concluded.

What is an I-REIT?

An Income-REIT is a real estate investment scheme which owns and manages income generating real estate for the benefit of its investors. Distributions to investors are underpinned by commercial leases. This means that income returns are predictable and generally less volatile. The I-REIT provides an instrument for investing in the real estate market which offers both liquidity and a stable income stream.
The STANLIB Fahari Investment Property Fund is Kenya’s first Real Estate Investment Trust (REIT). The STANLIB Fahari I-REIT aims to provide investors with a steady stream of income and capital growth by investing at least 75% of its Total Asset Value (“TAV”) in real estate in strategic locations within Kenya with a maximum of 25% invested in cash investments or cash-like instruments.
The STANLIB Fahari I-REIT is closed-ended and its Units will be listed on the relevant segment of the Nairobi Securities Exchange. Once this Offer is concluded, Units of the STANLIB Fahari I-REIT can only be traded through the NSE. Consequently, the market price of the Units will be market driven and may not necessarily equal to the Net Asset Value of the STANLIB Fahari I-REIT.
The REIT Scheme may undertake secondary offers as and when the need arises. Prospective investors should note that there is currently no active secondary market for a REIT in Kenya. Once the Offer is concluded, Units of the REIT Scheme can only be bought or sold through a licensed stockbroker on the floor of the NSE. Consequently, the market price of the Units will be market driven and may not necessarily equal to the Net Asset Value of the STANLIB Fahari I-REIT. However, the REIT scheme may undertake secondary offers as and when the need arises. Prospective investors should note that there is currently no active secondary market for a REIT in Kenya.
The STANLIB Fahari I-REIT aims to provide consistent income and capital growth in the long-term. Our active management approach targets quality physical properties within carefully chosen economically growing nodes.

Diversification

Property is not correlated with other asset classes. Investing in property may improve a portfolio’s risk return profile.

No Taxes

The income earned through the income REIT is tax free!

Transparent investment vehicle

Investors are able to understand exactly what you’re invested in. From the actual assets, costs and returns.

Accessibility

An I-REIT can more easily be bough or sold. Investors do not have to deal with the complexity of selling a physical property.

Liquidity

The STANLIB Fahari I-REIT will be listed on the Kenyan NSE therefore creating a secondary market for I-REIT shares.

Returns

The STANLIB Fahari I-REIT will benefit from underlying properties’ Capital Gains and Rental Income. Giving investors exposure to a consistent return profile in the long-term.

Regulatory Oversight

The STANLIB Fahari I-REIT has been approved and will be monitored by the Kenyan Capital Markets Authority (CMA).
If interested in getting the STANLIB Fahari I-REIT, contacts are: +254 711 076 111 or email customercare.kenya@stanllib.com

LG NAMED BRAND OF THE YEAR 2015 AT RED DOT AWARD

Recognized for Excellence in Design with 13 Awards in Communication Design Category

LG Electronics Service Centre in Nairobi, Kenya

LG Electronics (LG) was honored with the title of Brand of the Year by the prestigious Red Dot Award, one of the top design award competitions in the world. With this recognition, LG joins the ranks of renowned previous winners such as PepsiCo, Audi AG, and Mercedes-Benz. LG also becomes only the third company to win both Brand of the Year and Design Team of the Year, which LG won in 2006.

The title of Brand of the Year was bestowed on LG for its 13 wins in the Red Dot Award: Communication Design category over the course of the year. Winning entries this year include the LG G4 and LG Watch Urbane, both embodying the company’s human-centric user experience (UX) design philosophy with a simpler and more intuitive interface to accommodate individual users.

“The brand management of LG Electronics is unparalleled in its skills in this respect. The corporate claim sums it up — Life’s Good,” said Dr. Peter Zec, founder and CEO of Red Dot. “Anyone who invests in an LG product notices immediately that his or her life is a little more attractive because of it. That is exactly how convincing brand management works.”

“Being honored by Red Dot Award is humbling and demonstrates LG’s leadership in the field of design by reaffirming our ongoing commitment to both innovative design and intuitive consumer experience,” said Noh Chang-ho, vice president and head of corporate design at LG Electronics. "We will continue to design and develop creative solutions that elicit a positive emotional response and deepen the relationship between our brand and consumers to live up to our motto, Innovations for a Better Life.”

LG will be publicly honored on November 6 at the annual Red Dot Gala in Berlin and LG’s winning products can be viewed online at www.red-dot.de/cd.