Toshiba Officially Exits the Laptop Business
Toshiba is officially quitting the laptop business for good. The company originally sold the majority of its stake two years ago to Sharp, who...
Telkom and Airtel Kenya Merger Talks Mutually Dropped
Telkom Kenya and Airtel Kenya have consensually halted their merger talks. The two announced that the mutual pullout was due to regulatory delays.
Telkom and...
Global Tablet PC Sales Rise as Consumers Scramble for Big Screen Devices
The effects of the ongoing pandemic have been felt throughout many industries and in the technology sector, some categories have been lucky to thrive....
Kenya Won’t Stop Huawei from Taking Part in Construction of the Country’s 5G Network
Kenya won’t cede to US pressure to ban Huawei from taking part in its fifth-generation network, 5G. Speaking about the issue, Joe Mucheru, the...
Hotpoint Opens its Largest Outlet In East Africa At Sarit
Hotpoint Appliances Ltd has today opened its new and revamped flagship outlet at Sarit Centre. This according to the premier supplier of home appliances...
Microsoft Continues Talks on Potential TikTok Purchase in the United States
In a move to save TikTok from a potential ban in the United States, Microsoft is considering to buy the short video sharing platform....
Kenya Airways Resumes International Passenger Flights
Kenya Airways (KQ) today resumed international passenger flights following the easing of movement restrictions as directed by H.E President Uhuru Kenyatta.
The first international...
NCBA Loop has become a complete mess
We need an NCBA Loop alternative, we need it now. Loop has become a mess, a complete mess.
CBA launched this product back in March...
Apple Shipped 45 million iPhones Globally in Q2, 2020
Apple shipped a total of 45.1 million iPhones in the April to June quarter, says Canalys. The iPhone maker had an impressive quarter compared...
Huawei Tops the Global Smartphone Market
Huawei has had ambitions to become the number one smartphone seller in the world for some years. And in Q2 2020 quarter – April...
Samsung Reports “Weaker” Smartphone Sales in Q2
Samsung has earlier today released its Q2 2020 earnings report showcasing the performance of various arms of its business. The company’s profits were up...
Africa’s online commerce platform DPO Group is being acquired by Network International
DPO Group (DPO), one of the leading, high-growth online commerce platforms in Africa has announced that it is being acquired by Network International.
Network International,...
Digital Lenders Oppose CBK’s Plans to Regulate Mobile Loan Interest Rates
As part of the Central Bank of Kenya (Amendment) Bill, 2020, the banking regulator is about to be given power over digital lending platforms...
Safaricom’s Ksh 20 bob per day 4G smartphone Financing Plan Launched
Yesterday, it was known that Safaricom plans to launch its Ksh 20 a day 4G smartphone financing plan dubbed Lipa Mdogo Mdogo. The Lipa...
Ngao Credit: Here’s how to take advantage of our Import Financing services
Ngao Credit Import Financing: If you have plans to purchase your dream car this year, chances are that you have considered import financing.
Import financing...
CA Sets Aside Ksh 1.6bn for Development of Mobile Towers in Arid Areas
The Communications Authority of Kenya (CA) has announced the allocation of Ksh 1.6 billion meant to cater for the development of mobile telephone towers...
Twitter Considers Subscription Options after Drop in Revenue
Twitter has reported a drop in revenue in the recently concluded quarter. As such, the company is seeking more ways to boost their revenue,...
You Can Now Pay for Electricity Bills Using Safaricom’s Bonga Points
Safaricom customers can now pay for their power bills using the company’s Bonga points.
“We have entered into a partnership with Safaricom through which our...
Ngao Credit: The business challenges of SMEs during this COVID-19 pandemic
The COVID-19 pandemic has not only taken a toll on the health sector; it has now become an economic crisis as well, with small...
Equity Bank Receives $50 Million Loan from IFC to support Kenyan SMEs affected by...
IFC has announced a $50 million loan to Equity Bank Kenya to support local SMEs especially those facing COVID-19 related challenges.
The loan, which will...
Kenya Association of Manufacturers is piloting a Circular Economy programme with SMEs in Ruaraka
The Kenya Association of Manufacturers (KAM) is piloting a Circular Economy programme for local SMEs with Denmark in Ruaraka, Nairobi. This was revealed during...
Kenyan Tourism Industry Mulls Virtual Game Tours as it seeks to Make up for...
It’s no secret that the tourism industry, like many others, has been severely affected by the covid-19-driven shelter-in-place orders.
According to Business Daily Africa, the...
Kenya’s Economy Set to Slow as Effects of COVID-19 Pandemic Take Hold, Report
The Kenyan credit market is coming under severe pressure as the COVID-19 pandemic impacts the Kenyan economy. According to the latest TransUnion Q1 2020...
Jambojet’s new Progressive Web App will allow customers to book tickets, check in and...
Jambojet has introduced a Progressive Web App (PWA) that will allow customers to book tickets, check in and access their boarding pass from their...
CBK Seeks to Regulate Digital Lenders in Kenya in new Proposed Bill
The Central Bank of Kenya (CBK) seeks to regulate mobile lending loan rates in a new bill proposed to parliament. It's part of the...
The UK Bans Use of Huawei Equipment in its 5G Network
Huawei has been banned from taking part in Britain’s 5G network. In an order issued yesterday after a meeting by UK ’s National Security...
Huawei Records Revenue Growth in H1 2020 amid Pandemic and US Pressure
The Huawei and US drama continues, but it seems the Chinese tech company is still making ends meet. In its first half of the...
Open Banking opens up new opportunities for Banks in Africa
Open Banking is a global FinTech trend that is revolutionising the financial services landscape across the world by enabling banks acquire the skills and...
SWVL Breached; Customer Names, Email addresses, and Phone Numbers Leaked
The Egyptian-born ride-hailing company, SWVL, has recently reported a security breach in their systems.
In an email sent to its customers, first reported by Gadgets...
Safaricom Wanted CBK To Limit Free M-PESA Transfers To 5 Per Day After Massive...
Free M-PESA cash transfers for transactions less than Ksh 1000 is very helpful. It’s a measure put forward by the Central Bank of Kenya...
Safaricom to connect Coca-Cola coolers with data collection sensors
Coca-Cola has partnered with Safaricom to connect its coolers with data collection sensors that will enable the company to enhance its offering to retailers...
Over 200 countries can send and receive money via Vodacom’s Tanzania M-Pesa
Over 200 countries can send and receive money via Vodacom ’s Tanzania M-Pesa after the company announced the expansion of its International Money Transfer...
Consumers facing financial uncertainty under Covid-19, SCANAD report
Consumers shrinking wallets have sparked drastic shifts in spend, purchasing habits and routines as they try to cope with the harsh economic effects of COVID 19,...
The Expensive Nature of Safaricom’s Calling Rates Doesn’t Encourage Long Calls
Safaricom PLC is no doubt the largest telecom provider in the country. In the Jan-April period, Safaricom led with a 64.8 percent market share...
Mobile Money Market Continues to Grow in Kenya, M-Pesa Nears 99 percent Market Share
The Kenya n mobile money market plays a fundamental role in the country’s mission to financial inclusion.
The market has been growing and still is...
Kenya’s Mobile Penetration Hits Record High As Safaricom and Telkom Lose Market Share
The Communication Authority of Kenya (CAK) has released a new Sector Statistics report detailing how the ICT sector performed in the January to March...
Google Pays Apple Loads of Cash to Maintain Search Monopoly
Search monopoly has come under fire from the UK Competition and Markets Authority. In a recent report published by the competition watchdog, Google pays...
Kenya’s 1.5% Digital Services Tax Now Official, To Take Effect From January
The proposed 1.5% digital services tax in Kenya is set to start being implemented from January 1, 2021. This is after President Uhuru Kenyatta...
Airtel Africa Celebrates 10th Anniversary, Boasts Of Over 110Million Subscribers in the Region
Airtel Africa is celebrating its 10th anniversary this month. The company which is under Bharti Airtel established its presence in the region after acquiring...
Kenya’s Mobile Penetration Highest in the Region at 62pc
Kenya ’s Mobile Penetration: The number of people owning a mobile phone in Kenya leads in the region with approx 62pc of the population,...
Safaricom Bids For Telco License in Ethiopia
Kenya’s largest telco, Safaricom, has filed a fresh bid for a license to operate in Ethiopia. The company will battle 11 other telco companies...
KRA has set up a special unit for digital tax tracking
The Kenya Revenue Authority (KRA) has formed a special unit that will oversee tax collection from digital companies.
The unit will ensure digital marketplace players...
Insiders remain one of the key threats to corporate cybersecurity in East Africa –...
Insider-related cybersecurity incidents in East Africa is one of the key threats in East Africa. This is according to a recent report from cybersecurity...
Ecobank Nigeria Extends Zero Charge for Digital Money Transfers
Ecobank Nigeria has extended its zero-charge fee for digital money transfers below N5,000 till the end of September this year.
In addition to the free...
Kenyans To Continue Sending Up to Ksh 1000 Via Mobile Money for Free till...
In March, the Central Bank of Kenya rolled out several measures to cushion locals from the adverse effects presented by the pandemic.
The first measure...
Africa’s Smartphone Market Suffers Worst Decline Since 2015
It’s apparent that the covid-19 pandemic has negatively affected various industries around the world. For the smartphone market, the latest data from International Data...
Wireless Earphone Market Estimated to Be Worth $3.41 Billion by 2027
Recently, many smartphone companies are going all-in on the wireless earphone market by making their own earphones. It has majorly been the case for...
Visa and TerraPay partner to drive domestic remittances
Visa and TerraPay, a payments infrastructure company have announced a new partnership to drive domestic remittance.
The two companies will develop and deliver payment solutions to...
Brazil Suspends WhatsApp’s Payment Service
Earlier this month, Facebook-owned WhatsApp unveiled a digital payment system in Brazil, the company’s second-largest market after India. In a surprise move, Brazil has...
The Facebook Ad Boycott Campaign is Gaining Steam
Advertisers around the world are joining the Facebook ad boycott organized by several civil rights and other advocacy groups.
In a campaign dubbed Stop Hate...
Equity Group calls off plans to acquire Atlas Mara banking businesses
Equity Group has called off plans to acquire Atlas Mara (ATMA). The decision according to Equity is consistent with the bank’s board’s view of...
Jumia launches 8th Anniversary campaign to support sellers
Jumia is marking its 8th Anniversary by celebrating consumers and communities through tailored campaigns in the exceptional context of the pandemic.
The company’s anniversary themed...
Safaricom, The Star and People Daily Partner for KES.10 Digital Newspapers
Safaricom has partnered with Radio Africa Group and Mediamax to enable customers purchase The Star and People Daily e-Papers for KES.10 per issue. This...
Zoho launches Bigin, a CRM solution for SMEs priced at Ksh.560
Zoho, a software-as-a-service (SaaS) firm has today launched Bigin, a pipeline-centric CRM software designed specifically for small and micro business owners.
The software according to Zoho...
FedEx Express Expands To Kenya
FedEx, the international shipping company is eyeing for a share of East Africa’s logistics business. The American company has announced its entrance into the...
Visa launches new initiative to support Small Businesses in Kenya
Visa has launched a new initiative to support support small businesses in Kenya.
The “Where You Shop Matters’ initiative seeks to raise awareness of the...
Safaricom’s Lipa Na M-PESA Business App Is Now Official
Safaricom has today launched a Lipa Na M-PESA Business app for its more than 170,000 merchants on the service.
Named “M-PESA for Business“, the app...
Safaricom Customers Redeemed 1 Billion Bonga Points in 2 Months
Safaricom’s Bonga For Good initiative which was launched by the telco on 3rd April 2020, came to an end on 4th June. The program was...
Commerce Department says U.S. companies can work with Huawei on 5G and other standards
The United States (US) Commerce Department is easing some restrictions it had laid to the Chinese telecom giant Huawei.
The department is modifying part of...
Apple’s App Store ecosystem facilitated over half a trillion dollars in commerce in 2019
Apple’s app store ecosystem is popular among its users and that’s because the company has, for long, devised ways to lock users inside.
Since its...
WhatsApp Debuts A Digital Payments System in Brazil
The Facebook-owned instant messaging app, WhatsApp, has just launched a digital payments service in Brazil.
Through the payment service which is integrated into the chat...
A guide to your StarTimes e-shopping experience
The recently launched StarTimes e-shopping platform StarTimes GO allows Kenyans to access a one-stop shopping experience without the need to visit an electronics dealer...
Jumia Has Opened Up Its Logistics Services To External Clients
E-commerce leader Jumia has opened its logistics services to external clients for deliveries. The company will leverage its logistics networks which is one of...
Ngao Credit: Guide To Our Import Financing
Can you remember that time you thought of getting your first car? You probably had to save for months or even years just to...
Kenya loses over Ksh.100 bn in revenue to illicit trade, report
The Kenyan Government revenue lost in 2018 to illicit trade stood at Kes 102.99 billion up from Kes 101.23 billion in 2017. This is...
Uber launches Uber Cash in Partnership with Flutterwave in Africa
US-born ride-hailing company, Uber, plans to launch Uber Cash, a digital wallet feature in partnership with Flutterwave in Africa. Uber Cash provides a simple...
Ngao Credit: How SMEs can benefit from Our Jijenge loan product
The coronavirus pandemic is hitting the global economy hard. While it is hard to exactly tell the extent the damage the virus will have...
[Updated] IBM Exits Facial Recognition Technology Business Over Biasness and Inequality
(Updated on June 11): Amazon gives the US police departments a one-year respite on using its facial recognition technology
IBM has dropped off from the...
Huawei’s Patents on 5G means the US will pay despite Trump’s ban – Report
Chinese tech giant Huawei owns most 5G patents than any other tech company, reveals a study done by two firms - GreyB Services Pte.,...
[Updated] Okash and Opesa Criticized Over Debt Collection Malpractices by The Digital Lenders Association
The Digital Lenders Kenya Association (DLKA) has called out two digital lenders – Okash and Opesa – over their debt collection methods. This follows...
Trans Nzoia lady wins Ksh 450,237 with 7 shillings after outrageous 9 team multibet...
Lydiah Mutinga from Trans Nzoia County is the latest winner on Odibets. Mutinga won Ksh 450,237 after placing a 9-team-multi bet with Ksh7 stake.
The...
Banking Sector urged to go digital to build resilience and sustainable growth post Covid-19
Bankers from Sub Saharan Africa and China who attended the Huawei Sub-Saharan Africa Financial Services Industry Online Summit 2020 agree that digitisation of the...
Digitization strategy oversees Equity’s growth in loans and transactions
In light of the Covid-19 pandemic, the government and Central Bank of Kenya, advocated for a resort to cashless transactions to contain the spread...
NTSA Wants To Ban Cash Payments On Matatu Fares
The National Transport and Safety Authority (NTSA), wants to ban the use of cash for matatu fares across the country. In a notice issued...
KRA Wants Netflix, Uber, and Other Online businesses To Start Paying Income Tax
Kenya is going all-in in the taxation of online-based businesses according to a new digital Tax proposition by Kenya Revenue Authority (KRA). This includes...
Global Smartphone Sales Declined 20% in First Quarter of 2020 Due to COVID-19 Impact,...
The Covid-19 pandemic has made the smartphone industry’s quarter performance rather predictable – it’s all about declines. But it also comes at a time...
Little Partners With St. John Ambulance To Offer Emergency Ambulance Services
Ride-sharing company, Little, now offers emergency ambulance services right inside the app. In partnership with St. John Ambulance, the ride-sharing company now wants you...
Safaricom closes Thika Road Mall shop after staff tested positive for Covid-19
Safaricom has closed its Thika Road Mall (TRM) shop after one of its staff working at the shop tested positive for COVID 19.
The employee...
Maintaining Enterprise Resilience during Systemic disruption
The coronavirus pandemic is hitting the global economy hard. While it is hard to exactly tell the extent the damage the virus will have...
DHL acquires minority stake in UK-based Link Commerce
DHL Express has today announced its minority stake acquisition in Link Commerce, the UK-based e-commerce firm that helped the logistics company develop its hugely...
Equity registers 14% dip in profit after tax on Ksh.3 billion provisions on loans
Equity Group has released first-quarter results which reflect the assessment the Group places in the uncertainty created by COVID-19. Profit before provisions was up...
Samsung has partnered with SoFi to launch its first Samsung Pay debit card
Samsung has today announced plans to launch a no-fee Samsung Money cash management service and debit card for its smartphone users.
The service will be...
Digital and mobile channels to be key service delivery platforms for financial service providers
As countries prepare for imminent easing of movement restrictions and resumption of normal operations in most sectors of their economies, many are convinced that...
Ecobank Named Most Innovative Bank in Africa
Global Finance has named Ecobank as the most innovative bank in Africa. The announcement was made at the eighth Global Finance annual awards, the...
Visa’s Fast Track Program Propels Growth of the Fintech Industry Worldwide
Visa today announced its continued support of the global Fintech community, having grown the Fast Track Program to over 140 Fintechs.
Since expanding globally in mid-2019,...
Equity withdraws proposed dividend declaration and payment due to market uncertainty
Equity Group has withdrawn its recommendation of a Ksh. 9.5 billion dividend payout to its shareholders.
The withdrawal of the dividend payout speaks to...
Old Mutual Investment Group Launches ChatBot to improve customer experience
The Old Mutual Investment Group, the Asset Management business arm of the UAP Old Mutual Group, has launched its Facebook Messenger ChatBot to improve...
SWVL Kenya Gets Green Light From NTSA To Resume Operations
SWVL Kenya is now ready to resume operations in the country after settling its long-running regulatory tussle with the National Transport and Safety Authority...
Zoho’s software applications now available at a fixed Kenyan Shilling price
Zoho Corporation, a software-as-a-service (SaaS) firm has announced that all its 45+ business software applications are now available at a fixed Kenyan Shilling (KES)...
Mastercard Commits To Add 1bn people, 50m small units to digital economy BY 2025
Building on the Covid-19 response, Mastercard is also announcing its new worldwide commitment to financial inclusion. The company is pledging to bring a total of...
US Government Moves To Block Huawei From Global Chip Supplies
Huawei will soon face more problems after the US Department of Commerce, enacted new rules that would cut off the Chinese telecom equipment maker...
Facebook Partners With Telcos To Build A 37000km, 180Tbps Undersea Cable To Serve Africa
Facebook has partnered with several telcos in Africa to bring faster internet connectivity. The social media giant together with a consortium of Telcos including...
OdiBets launches new easy to use website as Bundesliga returns
The German Bundesliga is set to become the first major soccer league to resume play during the coronavirus pandemic this weekend.
The news has caused...
TransUnion launches COVID-19 playbook for financial services providers in Kenya
Global information and insights company TransUnion has launched its COVID-19 playbook for Kenyan business and credit industry players. The playbook is an insights-driven methodology...
Impact of Covid-19 on business: How to Stay Afloat
Global trade has, with no doubt, taken a major blow in the wake of the COVID-19 (Coronavirus) pandemic. The rates of imports and exports...
Telkom Kenya Quietly Increases The Cost of Its 5GB Night Data, Revises Daily 700MB...
Just late last night, I wanted to purchase my usual 700MB Telkom Data bundles which cost 50/= after my daily 1GB data ran out....
Purchasing essential products on Jumia with your Mastercard will earn you a 10% discount
Consumers who purchase essential products using their Mastercard on the Jumia platform will receive up to a 10% discount on their order.
Jumia has entered...
Safaricom Extends Bonga For Good Program By 30 Days
Safaricom is extending its Bonga For Good campaign for an extra 30 days. That means the program will now end on June 3rd. The...
COVID-19: KEPSA and Jumia launch Digital Commerce Program to support Kenyan businesses
Kenya Private Sector Alliance (KEPSA) has partnered with e-commerce leader Jumia to register and train local businesses to sell online. Through the Digital Commerce...
Going cashless is helping contain the spread of Covid-19 in Africa
As the effects of the coronavirus continue to bite, many countries in Africa are turning to technology to fight this pandemic.
In most African...
#Covid-19: Airtel Uganda and Avaya Partner To Enable Remote Work And Learning
Airtel Uganda has partnered with Avaya to enable organizations in the country to implement remote working and learning initiatives. This is in response to...
TRENDING
Ngao Credit: Here’s how to take advantage of our Import Financing...
Ngao Credit Import Financing: If you have plans to purchase your dream car this year, chances are that you have considered import financing.
Import financing...
24Bit Podcast Ep 24: Buying Smartphones Through Device Financing Plans
In this latest episode of our 24Bit podcast, Emmanuel Chenze, Nick Kanali and Dickson Otieno discuss different device financing plans in Kenya including Lipa...
EDITOR'S PICK
Realme C3 to Start Selling in Kenya at Ksh 14,000 on...
Realme is now available in Kenya, and the company unveiled its first device, realme C3, last week. The phone is almost available in the...
![Brookhouse International School in Nairobi. [File, Standard]](https://i1.wp.com/techtrendske.co.ke/wp-content/uploads/2020/08/Brookhouse-International-School-in-Nairobi.jpg?resize=100%2C70&ssl=1 "Brookhouse School Goes Online With Virtual Classes for its Students")
