Here are the new M-Pesa transaction charges effective July 1st 2018

You will now have to dig deeper into your pockets starting today, July 1 when sending money via M-Pesa. Safaricom has announced new charges...

Is GOTV illegally charging its subscribers for free to air channels?

GOtv has done away with its Free to Air bouquet, dubbed as GOtv open bouquet, replacing it with GOtv lite where they will be...

Safaricom Becomes Amazon Web Services Reseller In Kenya and EA

Safaricom has today announced a partnership with Amazon Web Services, which will see the telco resell AWS services in Kenya and throughout East Africa....

Jumia’s J-Force program creating jobs for young entrepreneurs

Juma Cheja, a Nairobi based business man is one of the sales agents who has benefited from Jumia’s J-Force program. Juma who has been...

WhatsApp Business App is now available for download in Kenya

Businesses in Kenya can now download the new WhatsApp Business App. They app had been rolled out in select markets in January, but is...

Jumia partners with over 50 brands to launch Jumia Mall, a new category to...

Jumia customers will from today be able to purchase their favourite products exclusively from authorized distributors. The e-commerce platform has introduced what it is...

Updated: Here’s a list of shops where you can buy the latest Nokia devices

You all have been asking where you can buy the latest Nokia devices apart from getting them on e-commerce site Jumia Kenya through our...

Jumia Food Kenya Bets on New App to Better User Experience

Online food delivery service provider Jumia Food has today announced the launch of a new mobile app which it says will revolutionize online food...

Safaricom rolls out new 0110, 0111 mobile prefixes

Safaricom has today announced the introduction of SIM cards with the 0110 and 0111 prefixes.  The sim cards will be available free of charge at...

Alipay and WeChat Pay expanding to Kenya. What does this mean for M-Pesa?

China’s biggest Internet-based mobile messaging platform, WeChat has been planning to go international for a long time now. In fact, in 2013 it launched...

PayPal is Blocking M-Pesa Linked Accounts Over Fraud

In April this year, Safaricom announced a new partnership with the online payment service and TransferTo to allow M-Pesa customers to send money or...

Taxi Chap Chap launches app in Kenya, goes head to head with Uber...

Taxi Chap Chap mobile app was officially launched yesterday. The launch came after a successful trialing for the last six month. The Taxi Chap Chap...

Electronic Cargo Tracking System (ECTS) a Cost-Effective Tool in Transit Trade

Trailer and cargo tracking provides multiple benefits for the logistics industry in the global and East Africa region. In Kenya, the sector accounts for...

Online sports betting craze in Africa is here to stay

We have previously sports betting has become popular in Kenya and other African countries. This rise of these betting sites has been attributed to...

Here is what you need to know about the Safaricom FLEX Bundle

Safaricom has announced a new product targeting users across its wide range of services. Known as FLEX Bundle, the product will allow users to...

Naivas Online Supermarket goes live

Naivas Supermarket has set-up an online supermarket that will enable its tech-savvy customers to shop from the comfort of their homes or offices. According to...

Jumia Food launches an on-time delivery platform guarantee for App users

Jumia Food has launched an on-time delivery platform guarantee for all Jumia Food App users. The new platform is expected to further boost customer...

Kenya Commercial Bank barred from using its banking software over piracy

Kenya Commercial Bank (KCB) Group has been barred from using a core banking software over IP infringement and software piracy.  This is after Nagalakshmi...
Safaricom’s Kredo Dabo Dabo Airtime Offer to give customers double talk-time to all networks

Browse more for less with Safaricom’s Tunukiwa Internet Offers

Just recently, Safaricom introduced a new data bundle which was actually some good news for people who spend most of their time online like...

Business: Air France resumes Paris-Nairobi route after 18 years.

French airline Air France has announced that it has launched 3 flights per week between Paris and Nairobi 18 years after it withdrew the...

Safaricom Doubles Daily M-PESA Transaction Limit To Ksh 150,000

In a meeting held today, Kenya’s largest telco, Safaricom, has scrapped off charges for all transactions below Ksh 1000. Also, another exciting development came...

Why Wechat is a threat to Safaricom’s M-Pesa.

A few days ago I visited Chinese internet finance museum for a blockchain event organized by okcoin, one of Bitcoin’s large players. The 3...

Jumia wants to shorten delivery time within Kenya with Jumia Express

You will from now onwards enjoy faster delivery time after ordering something on Jumia. The e-commerce site has announced the launch of Jumia Express...

Dubai Chamber of Commerce to conduct trade mission to Nairobi

Dubai Chamber of Commerce has today announced  plans to conduct a two-day trade mission in Nairobi to enhance cooperation with Kenyan businesses. The trade mission...

Safaricom launches ‘Safaricom Twaweza Live’ campaign

Safaricom has today unveiled a new campaign for its customers and communities around the country. Known as the ‘Safaricom Twaweza Live’ , the campaign...

Eclectics Groups urges organizations to adopt new CRM technologies.

Customer Relationship Management (CRM) has grown to become one of the best practices, strategies and technologies that organisations adopt to manage and analyse customer...

Container and Cargo Tracking Systems, the new norm for transport companies.

Container and cargo Tracking Systems are the new norms for companies that transport goods across the region. In order for these companies to keep...

This is what happens to money in your M-Pesa Account when you pass on

So many questions have always been asked on what happens to the money in an M-Pesa account if the account holder passes on Safaricom...

National Bank of Kenya loses Ksh.29 Million to hackers.

The National Bank of Kenya has lost about Ksh.29 million to hackers. The hacking incident is said to have happened on Wednesday 17th. “We...

M-PESA receives GSMA Mobile Money Certification for Operational Excellence

Safaricom’s M-PESA service has successfully passed the GSMA Mobile Money Certification, a global initiative that defines and promotes excellence in the provision of mobile...

Jumia Food Partners with Sodexo Group to launch a new mobile payment option for...

Jumia Food has announced a new partnership with Sodexo Group - a global leader in employee benefits and reward scheme to offer employers a...

Top five business risks for Southern Africa

Political uncertainty through transitions and instability are among the key risks for businesses in Southern Africa in 2018, says specialist global risk consultancy Control...

Mobile Money users in Kenya to start sending money across networks in March.

Safaricom and Airtel will on Monday 22nd January pilot mobile money interoperability across their networks awaiting the full roll-out in March. This announcement was...

Cross network mobile money transfer to start next week on Tuesday

Mobile money users in the country will from next week Tuesday be able to send and receive money from across the different networks without...

Airtel Kenya launches Smartika na 5x bonus promotion,50 cars to be won

Airtel Kenya has today unveiled a new consumer promotion that will see its prepaid customers walk away with 50 Toyota Axio cars. Dubbed the...

DTB and Mastercard unveil a new Digital Payments solution in Kenya

Diamond Trust Bank Kenya (DTB) and Mastercard have partnered to roll out a mobile payment solution that will enable millions of businesses to accept...

Safaricom introduces ”Advantage Plus”, a new post-pay tariff

Safaricom has announced the launch of a new post-pay tariff offering bundled Voice, SMS and Data services. Dubbed “Advantage Plus,” the tariff will be...

Samsung, Safaricom and M-Kopa unveil financing plan for the Galaxy A10s, don’t go for...

Safaricom, Samsung and M-Kopa today morning launched a new product or what they are calling a pay as you go mobile solution that will...

Tigo Tanzania Launches First State-of-the-Art Call Centre

Tigo Tanzania has announced the opening of a new state of the art Call Centre, the first of its kind in the country. Boasting...

Logistics marketplace firm Bwala Africa Group launches its in Kenya to connect vehicle owners...

Logistics marketplace Bwala Africa Group has launched its operations in Kenya. The company joins the of logistics marketplaces in the country like Sendy and...

Jubilee Insurance Launches three Mobile Apps for its Clients and Agents

Jubilee Insurance has launched three mobile apps to enable its customers and agents access self-service and e-commerce functionalities via their mobile phones. The three...

Online sports betting craze in Kenya is here to stay

Online sports betting rising in Africa at an unprecedented pace, no doubt about that. Sports is no longer just about entertainment but also about...

Significant smartphone penetration and supportive government regulations driving global consumer telematics market growth.

The significant penetration of smartphones, lowered connectivity costs, high-speed internet technologies and supportive government regulations is driving the growth of the global consumer telematics...
Fibre optic cable

Kenya’s Fifth and Fastest Undersea Fibre Optic Cable Lands in Mombasa

Kenya has received its fifth undersea fibre optic cable which landed at the coast of Mombasa last week. Djibouti Africa Regional Express 1 (DARE...

It’s now possible to make your PayPal withdrawals via M-Pesa.

If you use PayPal to receive payments in Kenya then this is the best news for you today. Safaricom has announced a new partnership...

Travel Creations partners with Travelport to launch an online travel booking tool

Travel Commerce Platform Travelport, has announced a new partnership with Kenya’s travel agency Travel Creations to launch GOL, a complex solution for selling air tickets...

Safaricom, Kwesé iflix partner to bring World Cup streaming to smartphone users in Kenya

The FIFA World Cup 2018 start in six days. If you are football fanatic like me then you’re definitely looking forward to watching your...

Safaricom Customers Being Conned Using Telco’s Official Number

Looks like fraudsters are always devising new ways to con people on the Safaricom network. A number of users are now claiming to be...

The NASCO 40-Inch LED TV is coming to Jumia

The NASCO 40-Inch LED TV With Integrated Decoder is coming to Jumia. NASCO might not a very common brand locally but very common in...

Airtel Kenya drops roaming data and call rates in Uganda

Bharti Airtel has  announced a significant reduction in data roaming and rates in Uganda. The data rates have reduced by 78%  and call rates by...

Jumia Market will now allow users to comment, like, tag and follow sellers they...

Jumia Market is changing its business model from an online Marketplace to an online social shopping site. This is a  peer to peer model...

Borderless Tracking Cargo Tracking solutions helping transporters comply with regulatory obligations

Transporters are facing more challenges now more than ever before - from increased regulation, push towards harmonization, security, and privacy concerns; to globalization, mergers...

Mwangaza Light lighting up consumers with innovative solar powered products

Kenya's long-term development programme dubbed Vision 2030 aims to transform Kenya into a middle income country by the year 2030. The Vision comprises of...

Airtel Kenya launches ‘Tubonge’ voice product for its customers

Airtel Kenya has today launched a new voice product for its customers. Dubbed "Tubonge", the product targets Kenyans from all walks of life that...

Visa partners with Branch to provide micro credit facilities to Visa merchants across Kenya.

Visa has announced a new partnership with international mobile financial services firm Branch to offer custom financing to Visa merchants across Kenya. The eligible...

Kilimall to be the sole online sellers of Infinix and Tecno’s new smartphone models

Online shopping mall Kilimall has partnered with phone brands Infinix and Tecno to be the sole online seller of Tecno’s newest model, Tecno Spark,...

Airtel Kenya names new CEO as Adil Youssefi exits

Airtel Kenya has announced the appointment of Prasanta Das Sarma as the new Managing Director. Prasanta Das Sarma takes over from Adil Youssefi who according...

Take advantage of the 2017 Jumia Black Friday with this crazy deals.

Most of you are looking forward to the Black Friday. Its that time of the year when you get crazy deals on different products....

Halifax Limited launches first ever SMS- based Lottery in Kenya

Lottery operator Halifax Ltd. has today launched a one-of-its kind SMS-based lottery that will allow Kenyan mobile phone users to buy lottery tickets via...

[Updated: OKash Compliance] Opera’s Predatory Loan Apps With Crazy Interest Rates Still Exist On...

Opera’s main browser business has not been doing well. Since it went public, the company's browser market share has immensely dropped from over 5%...

Equity bank records Ksh.18.9 billion profit after tax for the year 2017

Equity bank has reported a profit after tax of Kshs 18.9 billion for the year ending December 2017 up from Kshs 16.6 billion a...

Rebecca Miano appointed acting KenGen MD and CEO

Kenya Electricity Generating Company (KenGen) has appointed Rebecca Miano as its acting MD and CEO. Mrs. Miano takes over from Albert Mugo who retired from the company...

Little Cabs launches USDD short code to target more users.

Safaricom powered Taxi-hailing service Little Cabs will now be accessible to non-smartphone users. Craft Silicon, the organisation behind the cab services has announced the...

LG’s 2017 financial results record highest revenues in company history

LG Electronics has recorded a 10.9 percent revenue increase from the previous year 2016 to stand at USD 55.4 billion. The revenue is the...

How telematics is revolutionizing the Fleet Management industry

Telematics is a combination of two words; Telecommunication and informatics. In broad sense, Telematics is the integrated use of telecommunications with information and communication...

Ecobank’s upgraded mobile app attracts 3 million new customers

Pan African bank Ecobank has announced that its upgraded mobile app has attracted 3 million new customers in just 6 months since it was...

JUMIA TRAVEL launches the 2nd edition of KENYA TRAVEL AWARDS

Jumia Travel, Africa’s leading online travel agency, is set to hold the second edition of the Kenya Travel Awards 2018. The awards aim at...
Jumia Home Makeover campaign kicks off on April 24th, up to 50% discounts on various home appliances

Jumia deliveries within Nairobi will now cost you Ksh.100

Jumia Kenya has announced that it has reduced the delivery fee for products within Nairobi from Ksh.250 down to Ksh.100. The move, according to...

Businesses in Africa worried about market volatility and political risks

Businesses operating in Africa increasingly worry about the unpredictable business environment where markets are volatile and political perils are on the rise. This is...

Jumia Black Friday 2018: Understanding the Jumia Flash Sales and Treasure Hunts

Jumia Black Friday is here and most of you have probably been saving for this time of the month to get your favourite smartphone,...

Ethiopia is partnering with Jack Ma’s Alibaba to build its digital economy

Ethiopia has entered into a partnership with Chinese e-commerce giant Alibaba to build and boost the country's digital economy. The announcement was made during...

World Bank Approves Ksh.18 billion to Support Kenya’s Energy Sector

The World Bank has today approved Ksh.18 billion to support the energy sector in Kenya. The loan guarantee will be used to mobilize private...

Fintech SandBox Policy to be Ready by July 2018, Says CMA Boss, Paul Muthaura

Regulation in the Blockchain and crypto space is inevitable and coming very soon. To enable this, Capital Markets Authority is setting up a sandbox...

Interview: Old Mutual Financial Advisor talks about early investments

Many people don’t seem to be investing in shares due to what people say or have seen with collapsed stock brokerage company like Nyaga. ...

Jumia Black Friday 2017 is The Biggest Kenya Has Ever Seen

The 2017 Jumia Black Friday started on Monday 13th, November and as we have mentioned in our previous articles, it will be running for...

Key Ways To Help Reduce Your Risk Of Bankruptcy In Business

By Gail Wilson. For small businesses, reaching their fifth year of operations may seem like a journey. Based on statistics, only 3% of business ventures make...

Jumia: Demand for smartphones increases in Kenya, expected to double over the next 2...

Kenya is considered one of the leading markets for smartphones in Africa with connections rapidly growing in recent years and are expected to double...

First Phase of Konza Techno City Construction Kicks Off

By Nixon Kanali / TechTrendsKE Work on Konza Techno City which is going to be the biggest Techno City in Africa has officially kicked off. The...

I&M Bank records 6% decline in profit after tax

Mid-tier Bank I&M has reported a 6 percent decline in its profit after tax after posting a profit of sh 9.9 billion for the...

Understanding The New Safaricom PostPay plan

Safaricom has a revised its PostPay plans to make the product more appealing to more user now. We have already told you almost everything...

Uganda’s SolarNow opens its first branch in Kenya

With the demand for solar energy rapidly increasing, Uganda-based solar energy company SolarNow has now set its eyes for the Kenyan market. The company...

Why reporting and analysis is an important part of fleet management business.

In today's society, technology has been changing at an unprecedented pace. When you consider that tablets sales are now about to overtake the combined...

Safaricom M-PESA Users Can Now Invest and Earn Interest Through Mali

Mali is a new product by Safaricom that is targeted at M-PESA customers. Through Mali – Swahili name for Wealth, M-PESA users can be...

Sh.960 Billion Transacted Through Mobile Money In The First Quarter Of 2018

Kenyans transacted over Sh 960 billion through mobile money in the first three months of this of this year. According to data from the Central...

CBA hosts economic forum to unpack the big four agenda

The Commercial Bank of Africa (CBA) has launched a CBA Economic Forum series, which will provide top-mind analysis and thought leadership on thematic issues...

CBA Loop Upgraded to offer loans of upto Kes.3 Million

Kenya’s largest privately owned bank Commercial Bank of Africa (CBA) has upgraded its CBA Loop app to offer highest mobile phone loans. According to...

Deals: Gearbest christmas discounts on the Xiaomi Redmi 4A 4G and Xiaomi Redmi Note...

The festive season is here and retailers are now wooing consumers with deals on different products and services. Gearbest is one of these retailers...

CBA Partners With AGF and ECAP To Launch Faster Payments Solution For Corporate Suppliers

Commercial Bank of Africa (CBA) in partnership with African Guarantee Fund for Small and Medium-sized Enterprises(AGF) and ECap a Nairobi – based fintech firm...

Betting industry emerging as a major player in the mobile money industry

Kenyans transacted over Kes.960 billion through mobile money in the first three months of 2018. This is according to data from the Central Bank...

Breaking: OLX is shutting down its operations in Kenya and Nigeria

Nobody probably saw this coming, but well, OLX is shutting down its operations in Kenya and Nigeria. According to a report published by Pulse,...

Report: Kenya Makes Significant Progress in Sustainable-Finance Reforms.

Kenya is one of 34 countries that have introduced banking reforms to expand sustainable lending, making emerging markets a major force in driving development and...

Sport Betting In Africa, The New Opium of the Masses

Someone once said that religion was the only opium of the masses, but the narrative long changed in Africa. There is a new opium...

What To Consider When Drawing Up A Legal Contract In Business

By Danielle Grate Disclaimer: If you’re drawing up a legal contract in business, the following information should only be treated as a general guideline. It shouldn’t,...

Fintech may have a more profound impact on financial services in Africa

Fintech may have a more profound impact on financial services in Africa than in Europe or the US. this is according to the more...

Safaricom opens up M-Pesa platform for Developers

  Safaricom has opened up its M-PESA platform to allow local and international developers to come up with next-generation applications that will work with the...

Equity Bank records Shs.5.9 billion 2018 quarter profit

Equity Bank, Kenya biggest bank in terms of customers recorded a profit after tax of Shs 5.9 billion in the first quarter of 2018...

Jumia Kenya names Sam Chappatte new Managing Director

Jumia has named Sam Chappatte as their new Managing Director for its Kenyan operations to replace Parinaz Firozi. Prior to his appointment, Sam was managing...

ASEA holds 7th edition of African Financial Market seminar

The 7th edition of the Building African Financial Markets (BAFM) seminar has kicked off today, April 19, 2018, at Villa Rosa Kempinski, Nairobi. The two-day...

Airtel Unveils new shop in Meru Town

Airtel has unveiled a new walk-in Service Centre in Meru town. Located on the ground floor of Tuskys Mall, the Airtel Meru shop will...

Investment in tracking technologies should be a key focus for business

In today's society, technology has been changing at an unprecedented pace. When you consider that tablets sales are now about to overtake the combined...

African SMEs Set to Benefit from USD 74M Guarantee

The African Guarantee Fund for Small and Medium-Sized Enterprises (AGF) has today entered into a re- guarantee transaction with GuarantCo that will see African...

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Data of Thousands of Mount Kenya University Students Leaked Online in...

A new report suggests that data of various Mount Kenya University students – both past and present – is being shared online in hacker...

24Bit Podcast Episode 22: Video Chat Apps – The new normal...

In this latest episode of our 24Bit Podcast, Emmanuel Chenze, Nick Kanali and Dickson Otieno discuss Video Chat Apps people are using with the...

EDITOR'S PICK

Google Sued For Allegedly Tracking Users in Incognito Mode

A new class-action lawsuit against Google’s parent company, Alphabet, is accusing the company against tracking users in incognito mode. The lawsuit could cost the...