NIKO FITI BENEFICIARIES TESTIMONIALS

Following the launch of the 2016 Niko Fiti-Ability Beyond Disability Campaign, we met 3 of the 160 beneficiaries who were empowered through the assistive devices last year to capture their experiences after receiving the mobile vending units donation.        

    

GERALD MUNGA NGUGI: (Station: Bus Station)

Gerald is a 2015 Niko Fiti beneficiary, through the program he received a mobile vending kit and a stock boost. This alone has helped his business grow and he is now able to hire two other people to assist with the high demand.  He says his life is not the same and he whole- heartedly thanks Kenya Re for their assistance and urges them to keep creating awareness and to keep on assisting people living with disability. 
                                 “Gerald ako fiti na Kenya Re”.

 

DAVIDSON KIMINGI: (Station: Bus Station)

Davidson, a beneficiary of the Niko Fiti na Kenya Re campaign says his life has been transformed as he can now fend for himself and thanks to the training offered by Kenya Re he can now take stock and keep records. The training he says has greatly contributed to better profit margins and he is grateful.
                               “Davidson ako fiti na Kenya-re”

 

JOHN GITHINJI: (Station: Ambassador bus terminus)

After the training by the Niko Fiti na Kenya Re campaign, John has broken the hawking norm of selling candy and refreshments to beauty products and is enjoying the fact that he too can now manage his business better from the entrepreneurship training offered within the Niko Fiti program by Kenya Re
                               “John ako fiti na Kenya- Re”

 

KENYA RE ANNOUNCES SHAREHOLDER DIVIDEND PAYOUT OF KSHS. 0.80 PER SHARE

Nairobi, 16thJune, 2017…..In the interest of building shareholder inclusivity and boosting shareholder value, Kenya Reinsurance Corporation today announced the shareholder dividend for the year 2016 during the 19th annual general meeting held at the Bomas of Kenya in Nairobi. 

 

Kenya Re recently announced results for the full year results for the period ended 31st December 2016 which was made possible by the Corporation’s progressive and consistent efforts. 

 

The Corporation also highlighted their 2016 non-financial key achievements which included the expansion into the Southern Africa region, enhanced visibility of the Niko Fiti – Ability beyond Disability CSR campaign as well as the continuous improvement of enterprise risk management. The Corporation set up a quality management system; ISO 9001:2008 Certification that will ensure that the service delivery aspects are benchmarked against Global best practice.

 

 Speaking during the shareholder briefing, Kenya Re’s Chairman, Mr. David Kemei said that Kenya Re’s corporate growth strategy was accredited to the positive financial results last year, however the firm’s resilience was delivered by the ability to evolve the corporation’s services to meet evolving reinsurance needs.

 

“The Corporation is committed to the advancement of the insurance industry through training programmes, making prudent investment decisions for the benefits of its shareholders. We have continued to build strong partnerships with insurance companies to design and develop products and services,” Kimei said.

 

The Managing Director, Mr. Jadiah Mwarania added that The Corporation’s 2017 Strategic focus is to achieve sustainable robust financial performance to grow shareholder value, enhance business process, penetrate new markets so as to increase market share, spread business risk and develop human resource capability and culture to match the Corporation’s performance requirements. . 

 

For more press information contact:

Gladys Some - Mwangi

Manager, Corporate Affairs

Kenya Reinsurance Corporation Limited

This email address is being protected from spambots. You need JavaScript enabled to view it.

 

 

Tree planting at Kibiko Secondary School

Over the last three years, Kenya Reinsurance Corporation (Kenya Re) has taken up a CSR initiative at Kibiku Secondary School in Ngong, Kajiado County. The Corporation has engaged the school in tree planting exercises twice every year in the interest of safeguarding afforestation and bringing the school community together.


On 31st October 2016, Kenya Re staff, led by Property & Administration General Manager, Mr. Michael Mbeshi, together with teachers and students of Kibiku Secondary, planted 1500 tree seedlings at the school.


The seedlings were irrigated using a water piping system that was also sponsored by the Corporation to ensure the sustainability of the trees.


Mr. Mbeshi encouraged the students to continue with the initiative even after they leave Kibiku Secondary school, stressing the importance of trees to livelihoods and the environment.


The Corporation has been planting trees at this school as a means of educating the younger generation on the value of preserving the environment.


Over the years, the weather has changed due to global warming, and this has brought a lot of changes in the weather patterns. This activity is aimed at informing the students and the Kibiku community at large on the importance of environmental conversation.


Kenya still suffers from severe deforestation. However, the “20 Million Trees for Kenya’s Forests” initiative by the Government will go a long way in restoring degraded land and protect habitats.


Kenya Re is leading the way in this exercise by example. This is definitely a step in the right direction.

 

 

Computer Donation at Kibiku

On 1st September 2016, 30 dell computers were donated to the Kibiko Secondary School as part of Corporate Social Responsibility and sponsoring the ICT development of the school.

 

Speaking during the handing over ceremony, Kenya Re Managing Director intimated that the computers will go a long way in equipping and preparing the students with ICT knowledge in the era of Information and technology. He urged the students to take advantage of the equipment and learn all they can as the world still has a place for them.

 

Kenya Re management present during the ceremony also gave an account of their hey-days in high school so as to encourage the students to dream big and to never lose focus with their studies. Many of them gave their experiences in order to inspire the students to work hard and to remind them that there is no short cut to success.

 

The students were enthusiastic about the donation and they promised to work hard in school. Previously, the Corporation partnered with the school through tree planting occasions where over 3000 tree seedlings have been planted in 3 years. The Corporation has also sponsored a water piping system to ensure sustainability of the tree seedlings.

 

Kenya Re on a mission to bolster investment group programmes for persons with disability in Kisumu

The Niko Fiti – Ability beyond disability campaign embarked on its final CSR initiative this year in Kisumu County on Friday 25th November 2016 at the Tom Mboya Labour College.


The Kisumu edition focused on increased investment and financing cohorts among people with disabilities, to assert their involvement in the country’s economic development while improving their livelihoods.


The event saw beneficiaries from Kisumu, Siaya, Kisii, Nyamira, Migori, Vihiga and Bondo counties receive 70 mobile vending units, 75 canes, 75 slates, 75 stylus and 75 packets of adult diapers. It was presided over by Kenya Re’s Managing Director, Mr. Jadiah Mwarania. Also present was the National Chairman of the Association for the Physically Disabled of Kenya (APDK) Mr. Fred Owako, and Director, Mr. Gideon Muga.


The Ksh32 Million CSR project was informed by the statistics that over 3.4 percent of Kenya’s total population lived with a form of disability. A national survey on persons with disability, conducted in 2007, revealed that the most prevalent form of disability was physical, followed by visual impairment.


About 50.4 percent of women had some form of disability, compared to men. Diseases were found to be the main cause of disability, responsible for 19 percent of cases, followed by congenital reasons at 14 percent, accidents at 12 percent, and other causes.


The research also identified rural areas as having larger populations of persons with disabilities, with about a quarter of the cases found in those places.


Generally, 25 percent of persons with disabilities experience moderate difficulties, which results in restriction to daily living activities. Niko Fiti Na Kenya Re has this year empowered the lives of over 1000 beneficiaries in Nairobi, Mombasa, Eldoret and Kisumu counties.


With continued support and partnership by Kenya RE, APDK held a one-day intensive training to equip the 70 mobile vending units beneficiaries with knowledge on leadership and governance, existing policies on disabilities, group dynamics and the importance of initiating organisations for advocacy and support.


In addition, they were given insights into financial management, basic record keeping and entrepreneurship skills. The training further included budget planning and monitoring progress for business growth.


The skills acquired through such training will help beneficiaries to succeed in business, support their families and generally contribute to community and national productivity.


Speaking during the event, Mr. Mwarania said that the 2016 CSR initiative aimed at protecting and ensuring equal enjoyment of all human rights and fundamental freedoms by all persons with disabilities (PWDs).


“The country is currently experiencing a favourable investment climate championed by an aggressive private sector. We want PWDs to be part of this positive story.  With the training offered, we hope that we will inspire individual and investment group programmes that will explore ingenious funding ideas to subsequently help people with disability and their families combat poverty and access greater support to plan for the future.”

 

 

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