Baraka Jefwa — Metropol Corporation, commonly known as a credit rating services, recently launched a 24-hour TV station dubbed Metropol TV alongside an information resource called the Harvest terminal, both the station and Harvest are is set to primarily focus on providing information for investors across Africa.
This was announced by General Managing Director of Metropol Sam Omukoko during the official launch of the station at Radisson Blu Hotel, Nairobi, Kenya. Omukoko announced that the 24-hour business channel will help investors in making a couple of key decisions.
"Metropol TV is focused primarily on the investment, to be able to provide information that investors require in order to either put their investment where they can get a good return or manage an existing investment portfolio," Omukoko said.
What is the Harvest terminal?
"Our TV channel is basically a signal of the opportunities that exist in this market. We are not just looking at providing information within Kenya alone, apart from providing you with live feeds of trading data from the NSE; we also have data from 18 other stock exchanges across the continent. While the TV station is being used as a signal, the real information you require will be available in our Harvest terminal. So, our investment offering is basically the TV combined with the terminal," Omukoko added.
James Iraya, Metropol Corporation head of Harvest terminal, explained during the launch that the Harvest is a terminal that incorporates: market data, reports, insights and performance on sectors, in an all in one integrated solution, for investors to make the right decisions.
Aly Khan Satchu, CEO, Rich Management, who will also be featured in segments to provide expert opinions, likened Metropol's investment offering to what Bloomberg is doing.
"There is a huge space for a Bloomberg for Africa. I hope that the Harvest terminal will be as ubiquitous as the Bloomberg terminal and that the TV station will be one we all to reach to," he said.
The terminal is currently in its trial period and will be launched officially in May.