The Digistar Forbes

The Digistar Forbes The Digistar Forbes

13/04/2026

Elon Musk: I became very good at manufacturing because I had to, there was simply no choice. At this point, I might know more about manufacturing than any human ever has because I've manufactured so many different things in so many different arenas. I think probably more than anyone ever has.

I sleep about six hours on average, and I work almost every waking hour. I don't have social dinners, really. I literally just thought I will have lunch and dinner brought in during meetings and just continue meeting.

I guess I started out with the first internet company we built. We were able to rent an office in what was essentially a leaky attic for five hundred dollars a month, and the cheapest apartment we could find was eight hundred dollars a month. We only had about five thousand dollars between my brother and I, so we decided we would just stay in the office. We got some couches that converted into beds, and we would sleep at night and then just turn the beds back into couches before anyone came in. Then we would shower at the YMCA down the road. That literally was what we did for several months.

Saccos vs. Banks: Which is really better for savings and loans?Many say Sacco loans are cheaper—like 1% per month—but is...
28/01/2026

Saccos vs. Banks:
Which is really better for savings and loans?

Many say Sacco loans are cheaper—like 1% per month—but is that always true? 🤔

If you save KSh 100,000 and a Sacco gives you KSh 300,000 at 12% interest, are you really gaining?

Or are you just paying interest on money that partly comes from your own savings?

Yaani, huoni unalipa interest kwa pesa yako mwenyewe?

So here’s the question: Are Saccos really good for development, or are they mainly for growth?

And when it comes to bigger projects, should we turn to banks instead?

What’s your take?

Have you experienced this firsthand?

Nedbank to Acquire 66% of NCBA Group — What It Means?South Africa’s Nedbank Group Limited has formally submitted a Strat...
22/01/2026

Nedbank to Acquire 66% of NCBA Group — What It Means?

South Africa’s Nedbank Group Limited has formally submitted a Strategic Investment Proposal and Notice of Intention (NOI) to acquire a 66 % controlling stake in NCBA Group PLC, one of East Africa’s largest banking groups. This is being done through a tender offer to NCBA shareholders.

✅️ The proposed deal values NCBA at 1.4× its book value — a premium relative to its underlying net asset value.

✅️ Shareholders who accept the offer would receive 20 % of the consideration in cash, with the remaining 80 % settled in new Nedbank ordinary shares listed on the Johannesburg Stock Exchange (JSE), allowing continued equity exposure albeit in a different issuer.

✅️ If completed, NCBA will become a subsidiary of Nedbank, while the remaining 34 % of shares will continue to trade publicly on the Nairobi Securities Exchange (NSE).

🔸 NCBA currently operates across multiple African markets with 122 branches, serves over 60 million customers, and disburses more than KES 1 trillion in digital loans annually.

For Nedbank, this acquisition accelerates its expansion into East Africa, tapping into a fast-growing region with strong demographic and economic fundamentals.

For NCBA shareholders, the offer gives an opportunity to exit part of their investment at a premium and gain diversified exposure via Nedbank shares.

The transaction is subject to regulatory approvals in both Kenya and South Africa and is expected to conclude by Q3 2026 if all conditions are met.

KPC (Kenya Pipeline Company) Shares – What’s Happening??The Government of Kenya has launched an Initial Public Offering ...
21/01/2026

KPC (Kenya Pipeline Company) Shares – What’s Happening??

The Government of Kenya has launched an Initial Public Offering (IPO) for KPC at the Nairobi Securities Exchange, offering 65 % of its shares to the public at Ksh 9.00 per share.

About 11.81 billion ordinary shares are being sold in the IPO.

KPC is expected to be officially listed and start trading on the NSE on 9 March 2026, once the IPO process is complete.

Buying KPC shares gives you partial ownership of the company, meaning you can benefit from dividends and potential capital gains once the shares trade on the NSE.

You can participate with as little as 100 shares, meaning a minimum investment of Ksh 900 at the IPO price.

The IPO is open to retail investors (individuals), institutional investors, East African Community investors, international investors, and KPC employees.

This is one of the biggest public offers in Kenya’s history, and it introduces a major new stock to the NSE.

Even after the IPO, the government will retain 35 % ownership to protect strategic interests.

KPC runs Kenya’s key pipelines for transporting and storing petroleum products across the country and region — a critical piece of infrastructure.

The offer was opened 19 Jan to 19 Feb 2026
You can typically apply through licensed brokers or the IPO online portal or via USSD *483*816 #


Standard Bank became the first African bank to integrate directly with China's Cross Border Interbank Payment System (CI...
09/12/2025

Standard Bank became the first African bank to integrate directly with China's Cross Border Interbank Payment System (CIPS).

CIPS enables African businesses to pay Chinese suppliers in yuan, circumventing the use of the US dollar for transactions.

The integration, initiated at an event by the South African Reserve Bank, strengthens Africa-China financial cooperation.

The new system decreases transaction costs, minimizes settlement delays, and mitigates dollar exchange rate exposure.

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