12 May 2023
- A multibillion-shilling tender for the supply of smart meters has run into trouble after a complaint was filed at the Public Procurement Administrative Review Board.
11 May 2023
- Ethiopia's central bank said on Thursday it had issued a mobile money licence to Kenyan telecoms giant Safaricom, the first granted to a foreign company in Africa's second most populous country.
11 May 2023
- Battered by a perfect storm of political and economic crises at home that threatens his young presidency, William Ruto has embarked on an aggressive charm offensive beyond Kenya's borders.
11 May 2023
- Kenya's leading telecommunications company Safaricom has reported a 22.3 percent decline in profit for the Financial Year ending March 31, 2023.
11 May 2023
- The announcement came amid stiff competition for mature cane among millers in Western Kenya, which pushed up the price of a ton of sugarcane to a record high of Sh5,500 last month, from Sh4,000.
11 May 2023
- The announcement came amid stiff competition for mature cane among millers in Western, making the price of a ton of sugarcane rise to a record high of Sh5,500 last month from Sh4,000.
11 May 2023
- The much-awaited Google I/O 2023 conference, an annual event where Google showcases its latest innovations, product updates, and vision for the future, wrapped up its keynote session on 10th May.
11 May 2023
- Recently, there has been a surge of interest in cold plunges. Here are the benefits and latest research on their effectiveness. You begin the descent. As your feet and legs go into a rapid shiver, all you can think about is the wave of freezing cold…
11 May 2023
- Judge Byram Ongaya has directed the firm to pay the moderators at their current terms and benefits, pending further directions from the court.
11 May 2023
- Newly appointed Absa Bank Kenya Managing Director and Chief Executive Officer, Abdi Mohamed, has reaffirmed the bank’s commitment to the growth and development of Small and Micro Enterprises (SMEs).
11 May 2023
- Telecommunications giant Safaricom announced Thursday it had recorded a Ksh.52.5 billion profit for the financial year ending March 2023, marking a 22 per cent dip from the Ksh.67.5 billion it recorded last year.
11 May 2023
- KCB's Paul Russo emerged one of top earners taking home an annual gross pay of Sh217M. CEOs enjoy perks like luxury holidays, wardrobe allowances, private club membership
11 May 2023
- East Africa’s real estate sector will continue to witness an increase in capital investment chiefly from international real estate funds and institutional players. This has been revealed by Niyi Adeleye, Stanbic Bank’s Head of African Real Estate who…
11 May 2023
- In addition to its latest expansion, Wasoko will also be doubling its service radius across all of its existing locations in Kenya, Tanzania, Rwanda and Uganda, where it has amassed a network of over 200,000 informal retailers and delivered more than…
11 May 2023
- Kenya Breweries Limited (KBL) has committed to providing 100% of their local sourcing communities, currently comprising 60,000 farmers, with agricultural skills and resources to help them build economic and environmental resilience in the face of…
11 May 2023
- The digital economy continues to disrupt many of the traditional business models. From online media houses, to social media, to digital taxi-hailing-platforms, to accommodation - the list is endless. One of the areas where Kenyans have invested with…
11 May 2023
- Safaricom Telecommunications Ethiopia has officially been granted the license to operate mobile money services in Ethiopia. The licence comes seven months after the commercial launch of GSM services. The M-Pesa license will open the country to the world…
11 May 2023
- Kenya's leading telecommunications company Safaricom has reported a 22.3 percent decline in profit for the Financial Year ending March 31, 2023.
11 May 2023
- TOPLINE Google announced Wednesday that it’s giving its signature product, the search engine, an AI makeover—potentially transforming the way users view search results after Microsoft announced a similar plan. KEY FACTS Google results with AI will be…
11 May 2023
- Cryptocurrency exchange Bittrex Inc filed for bankruptcy protection on Monday, three weeks after the SEC accused it of operating an unregistered securities exchange.
11 May 2023
- Its CEO AIdorenyin Obong said opening offices in Kenya will help the firm navigate its planned operations in other countries within the East African Community.
11 May 2023
- "This year, we all experienced tough headwinds, including high inflation, a depreciating shilling, severe drought, and failed rain seasons among others," noted Safaricom CEO Peter Ndegwa, alluding to the larger macro-economic downturn in Kenya.
11 May 2023
- They argue the law on financial derivative tax is unprocedural and illegal. KBA says the law will lead to massive losses since it amounts to double taxation.
