Toshiba building photo

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 Kenya

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...
iPad Pro Magic Keyboard with iPad Pro 11"

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....
Huawei 5G Kenya

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 Sarit Center

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 logo

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-Flights

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

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 iPhone 11 black

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 Galaxy A51 with box

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...
DPO Group is being fully acquired by Network International

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,...
CBK Seeks to Regulate Digital Lenders in Kenya in new Proposed Bill

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 launches its 4G lipa mdogo mdogo 4G financing plan

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 Import Financing in Kenya

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...
Cell tower

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 on mobile

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

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 SMEs loans in Kenya

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

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...
Phyllis Wakiaga,Kenya Association of Manufacturers

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...
Oculus VR headset

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...
SMEs in Kenya

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 launches Progressive Web App for its customers

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

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...
Huawei Logo

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 Logo

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

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 security breach

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 Free M-pesa transfer

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

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...
Vodacom Tanzania M-Pesa

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...
Scanad Chief Executive Officer Sandeep Madan

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,...
Safaricom Calling Rates

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...
Telkom Kenya

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 Apple logo

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...
KRA has set up a special unit for digital tax tracking

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...
An Airtel shop in Nairobi. Airtel Kenya now has a Data Management feature. Photo/Business Daily

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 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 CEO Peter Ndegwa

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

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

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...
Mobile money transfer

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...
AirPods Pro, Pixel Buds, and Buds+ on Desk

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 launches new initiative to support Small Businesses in Kenya

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...
WhatsApp digital payments system

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...
Facebook Ad Boycott

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 Bank

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 Opens Up Its Logistics Services To Third Parties

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 Calling Rates

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 Corporation

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 delivery van

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 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 App

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 CEO Peter Ndegwa

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...
Huawei US 5G

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...
App store logo

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 digital payments system

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...
Startimes Go

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 Opens Up Its Logistics Services To Third Parties

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 import financing Kenya

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

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 cash Africa

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

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...
IBM facial recognition

[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...
5g

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.,...
OKash app

[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 on odibets

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...
Equity Bank

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

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 Digital Tax Proposition

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 Cab emergency services

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 Calling Rates

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 Bank

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...
2samsung-pay-debit-card-with-sofi

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

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 security breach

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 Corporation

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 logo

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...
huawei

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

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....
Jumia Kenya

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 CEO and other panel members

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...

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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...

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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...