Archive for the ‘Software’ category

Kenya: Technology can curb money laundering-Infrasoft tells Banks

July 21st, 2010

The story at a glance

-The regulation to curb money laundering is as old as late 70s in most developed countries.
-Bank experts will on Thursday meet at Nairobi’s Norfolk hotel to share experiences on anti-money laundering technologies

-The International Monetary Fund puts the aggregate size of money laundering in the world between $725 billion (Sh56.5 trillion) and $1.8 trillion (Sh140.4 trillion).

-The fraud is effected by passing the proceedings secretly through legitimate business channels by means of bank deposits, investments, or transfers from one place (or person) to another.

Kenya now has a new law on anti-money laundering

-Under the new law, those found guilty of the offense of money laundering will serve a jail term not exceeding seven years, or a fine not exceeding Sh2.5 million, or both.

BY JAMES RATEMO IN NAIROBI

Kenyan banks have been urged to employ latest technology to fight money laundering.

Speaking ahead of an Anti-money laundering conference scheduled for Thursday in Nairobi, Infrasoft Technologies Limited Managing Director, Hanuman Tripathi said human labour alone cannot detect the many often-veiled suspicious transactions in banks. » Read more: Kenya: Technology can curb money laundering-Infrasoft tells Banks

Kenya: “Apps 4 Africa” Seeks to Improve Lives Through Technology

July 11th, 2010

Contest for African innovators runs July 1–August 31

Software developers in East Africa have an opportunity to shine to the world by developing applications to assist their communities.

According to a communique from Washington, U.S. Under Secretary of State for Public Diplomacy and Public Affairs Judith McHale launched the “Apps 4 Africa” contest at the Innovation Hub in Nairobi, Kenya, on July 1 2010.

The regional competition seeks to harness the power of African software developers in Kenya, Uganda, Tanzania and Rwanda and leverage the power of digital technology to improve the lives of ordinary people in East Africa and worldwide. The competition runs through August 31. » Read more: Kenya: “Apps 4 Africa” Seeks to Improve Lives Through Technology

Kenya: Receiving landline calls while on the move

May 20th, 2010

BY JAMES RATEMO IN NAIROBI

It is now possible to receive calls directed to a fixed line via the mobile phone.

This means one must not stay in the office to receive and reply to land line and faxes. » Read more: Kenya: Receiving landline calls while on the move

Kenya: IIEC connected as US grants mobile phones worth Sh5m

May 13th, 2010

It is a connected commission. With Blackberries in hand, will we get election results faster this time round?

The US Government has donated 250 hi-tech Blackberry phones to the Interim Independent Electoral Commission to boost transmission of election results. » Read more: Kenya: IIEC connected as US grants mobile phones worth Sh5m

Kenyan Video made from Free and Open Source Software- testimony of what FOSS can do

January 25th, 2010

By James Ratemo in Nairobi Kenya.

Between proprietary and open source-which way to go?

Software is the engine of technology and if properly implemented can grow economies in leaps. But at what cost?

For ages now poor penetration and high cost of technology has seen Africa lag behind in implementing emerging profitable technologies. However hope lies in the horizon in Free and Open Source software which is already changing fortunes for poor masses around the globe.

The debate on whether Africa should make better use of Free and Open Source Software (FOSS) or not is quickly coming to a close.

FOSS is winning fast and more and more technology professionals are dropping the more expensive proprietary software for this new platform.

In early 2009, Kenya’s FOSS community had reason to celebrate. Finally the first video purely made using the open source software was out testifying the power of this ‘new found freedom’.

See the video below. It talks for itself as it proclaims that what proprietary software can do, FOSS can do even better.

FOSS Video – Kenya (version 0.9) from Alex Gakuru on Vimeo.

“FOSS is non-proprietary “open” software that attracts no license fees, allows enhancements to be shared with all users and can be customised for the user’s purposes without major financial outlay. » Read more: Kenyan Video made from Free and Open Source Software- testimony of what FOSS can do