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Kenyan digital feeding platform expanding to Tanzania

Who would have thought that there would come a time when employers would give their employees digital lunch vouchers” M-Kula is a platform that gives employers the opportunity to feed their teams without having to set up a canteen , they use a digital voucher. The platform is seeking to expand into Tanzania after setting up in Kenya and Uganda. It manages and implements employee benefit and reward schemes that are used within a network of merchants who are affiliated with Apptivate Africa. The company estimates that over 60 per cent of companies in Kampala feed their employees compared to 13 per cent in Nairobi. ...

1 month ago | | Posted by Admin

Apptivate Africa’s M-Kula Wins Big At Fini Awards 2019

Local financial and technology firm Apptivate Africa scooped best Digital Feeding programme in recently concluded Fin Awards 2019. The award recognizes innovative and disruptive FinTech companies across the continent. The firm was honored for making a very simple solution to solve major corporate and social challenges for employers, dubbed M-Kula, which use digital meal vouchers. ...

1 month ago | | Posted by Admin

Companies offering free lunch to employees likely to improve earnings: study

Companies that offer free lunch to employees are likely to see improved productivity, high employees retention and achieve up to 150 per cent Returns on Investment (ROI). Latest study commissioned by a US-based Internet of Things (IoT) firm Highfive found out that apart from earning extra 30 minutes working time, free lunches boost employees moral, bonding mechanism and loyalty to the company. An experiment was for instance done on Cubist Pharmaceuticals, a company with 750 employees where sensors were put on 30 employees to track the tone and frequency of their lunch conversations. ...

1 month ago | | Posted by Admin

M-Kula wins a 50 Million deal on Lion’s Den

M-Kula has just negotiated and won the biggest deal ever in the history of Lion’s Den worth 50 Million Kenya Shillings. This after the CEO’s pitch to the lions in a bid to win a suitable investor who will help grow the product to higher levels. KCB Lions’ Den, a show that allows local entrepreneurs to pitch their business ideas to top investors, known as the Lions. The Lions are successful Kenyan business moguls who seek to invest in promising companies looking for capital, in exchange for equity. ...

1 month ago | | Posted by Admin