The waiver on mobile money transactions of up to Ksh.1, 000 could be impacting negatively on Safaricom’s earnings. The telco company announced the zero-rating of the person to person and Lipa na M-PESA ..
Huawei Mobile Kenya has kicked off a two week’s shopping festival that will see consumers enjoy discounts on their various devices and accessories. Among the products that will have discounts include ..
Huawei recently held its 5G+, Better World Summit, where various operators and industry partners shared their experiences of how 5G applications can drive significant business and industry efficiency. ..
The Kenya Deposit Insurance Corporation (KDIC) has announced the implementation of the raised deposit insurance coverage of KSh 500,000 from KSh100,000 aimed at compensating depositors in case of a bank ..
When President Uhuru Kenyatta appeared to give his first address regarding the COVID-19 pandemic in the country, he directed telco companies to explore ways of deepening mobile money usage to reduce the risk ..
Let’s be clear from the beginning, it is not MPESA. Being a Kenyan though, I can be forgiven for calling the Mobile Money that will be delivered to Brazilians through WhatsApp mobile money transfer ..
KCB Group PLC has announced a Shillings 11.1 billion total dividend payout to shareholders for the financial year ended 31st December 2019, an increase from the Sh10.7 billion dividend paid out in 2018. ..
The Central Bank of Kenya (CBK) has announced that Kenya shillings 1000 will be the new minimum threshold for negative credit information that lenders will submit to the Credit Reference Bureaus (CRB) ..
Telco company Safaricom PLC has today waived fees on the Mobile Money Transfer, MPESA for transactions below Ksh1,000 following the coronavirus pandemic that has threatened to bring the planet down to its knees ..
Since Kenya confirmed the first case of coronavirus infection on Friday last week, the country has been in panic mode. The woman who returned to the country from the US via London on 5th March would later ..
The national carrier, Kenya Airways has confirmed Allan Kilavuka, as the new Chief Executive Officer effective April 1st. He has been the airline’s acting CEO since January when the former, Mr. Mikosz ..
Kenya Power has recorded a 91.98 percent decline in its net profit for the financial year ended, June 2019. The company’s profit after tax fell from Sh3.27B (2018) to Sh262M attributing the drop to increase ..
A Nairobi High Court has allowed Kenya Revenue Authority to collect Withholding Taxes from shipping lines on container demurrage charges. The Withholding Tax from different shipping lines amounts to over ..
Over the last quarter of 2019 and the Start of 2020, buyers in the real estate have been making cautious investments with many showing interests on affordable projects with higher returns and those that ..
National Transport Safety Authority (NTSA) registers around 7000 vehicles monthly and 90,000 every year in Nairobi. This is owing to the growing middle class and the easy accessibility of credit from financial ..
The Africa Development Bank, (AfDB) recently fired back at World Bank’s President David Malpass. In a press release, they accused Malpass of making statements that are not fact-based saying the inaccurate ..
I know you had forgotten about the National Addressing System, a project aimed at giving every road, street, highway, pathway, house, and parcel of land a unique identifier, so that wherever you are, you can always ..
Finserve (or rather equitel), partnered with Equity Insurance and Britam Microinsurance to offer monetary compensation of Equitel Subscribers in case of hospitalization. The Insurance cover going the name ..
Kenya Film Commission has today signed a Memorandum of Understanding with digital television company StarTimes Kenya forging a strategic partnership ahead of the 9th Edition of the Kalasha International ..
Kipchoge, the first human who intends to run a marathon in under 2 hours, will be MPESA’s brand ambassador. To celebrate this, MPESA has rebranded. To help Kenyans with celebrating Kipchoge’s ..
Private sector is not happy. It’s because it has supplied the government with services, but the government does not want to pay. Some in the private sector are complaining that they are yet to receive ..
MPESA, the single most important product that has made Kenya be seen as leader in tech, has been recognized amongst the top most important financial products in the last 50 years. The recognition was made ..
Artificial Intelligence ran Cloud Computing is here, busy changing how humans do the jobs they still got to do. The jobs they still got to do because in the long run AI, Cloud Computing, Internet of Things, ..
Even in 21st century, there are businesses, particularly in Africa, that still operate without keeping books of accounts – even when others are already doing cloud accounting. These businesses mostly ..
WhatsApp is becoming more and more non-trivial app for catching up with friends and arranging dates, to a powerful businesses tool enterprises can leverage to offer core services to customers. The Banking ..
The big trio: CFO’s, technology and finance is Written by Matthew Kibby, vice president for Sage Enterprise Africa & Middle East. The accelerating speed of business and increasing volumes of data ..
Shuttle-hailing firm SWVL today announced plans to pump $15 million (KES 1.5 billion) into its Kenyan operations. This financial injection will not only go into improving their current operations but will ..
NilePay PLC, the leading Electronic Financial Services Company partnered with Zain South Sudan to launch the first licensed mobile money service in South Sudan dubbed NilePay Mobile Money. The partnership ..
Regional low-cost carrier, Jambojet will operate 75 weekly flights to the coastal routes during the August holiday season. This is after announcing an increase in its frequencies to the towns of Mombasa, ..
The organisers of the training program aim to offer an opportunity for African executives and deal makers to receive a training of high quality and international standard