BUSINESS
News on Business trends in Kenya and Africa
Airtel, Safaricom and Telkom Kenya will be fined for delaying Customer Care Calls
September 15, 2020
Airtel, Safaricom and Telkom Kenya will be fined for delaying Customer Care Calls
Kenyan telecommunications providers, like Safaricom and Airtel, will face fines for delaying customer care calls, according to a new draft…
Zuku has launched a new 500Mbps package ‘ Fastest Internet Speed in Kenya’
September 14, 2020
Zuku has launched a new 500Mbps package ‘ Fastest Internet Speed in Kenya’
Wanachi-owned Zuku has announced what it claims is the fastest internet speeds package in Kenya at 500Mbps. This new package…
Kenya TradeNet System User Acceptance Testing set to commence
September 13, 2020
Kenya TradeNet System User Acceptance Testing set to commence
In December 2019, KenTrade commenced upgrading the Single Window System (Kenya TradeNet System) to enhance system productivity, avoid technological obsolescence…
M-PESA is Now Available via USSD by Dialing *334#
September 10, 2020
M-PESA is Now Available via USSD by Dialing *334#
Safaricom has rolled out a new USSD for accessing M-Pesa services. By dialing *334#, M-Pesa customers will now be able…
Zoho Workplace platform new updates bring Business Context to Productivity Apps
September 10, 2020
Zoho Workplace platform new updates bring Business Context to Productivity Apps
Zoho Corporation, a software-as-a-service (SaaS) firm has announced some major updates to its Zoho Workplace single software platform. The platform…
All Uber Vehicles to be Electric by 2040, Company says
September 10, 2020
All Uber Vehicles to be Electric by 2040, Company says
Uber ‘s global ride-hailing business will only use electric vehicles by 2040. In a recent announcement, the company also pledged…
Kenyans Splash KES 8.01 Billion on Gadgets During Pandemic-induced Lockdown
September 9, 2020
Kenyans Splash KES 8.01 Billion on Gadgets During Pandemic-induced Lockdown
Kenyans have spent a whopping KES 8.01 billion on gadgets in the covid-19 induced lockdown. Data from the Kenya National…
African banks must embrace mobile payments to unlock new business prospects
September 8, 2020
African banks must embrace mobile payments to unlock new business prospects
African banks must provide mobile payments and other digital services to remain competitive as well as to unlock new business…
StarTimes grows its e-shopping platform product range
September 3, 2020
StarTimes grows its e-shopping platform product range
Pay Television Company StarTimes Kenya has introduced additional consumer products on its integrated e-shopping platform StarTimes GO. StarTimes GO which…
[Kenya] Manufactures Urged To Go Digital To Survive COVID-19 Pandemic
August 31, 2020
[Kenya] Manufactures Urged To Go Digital To Survive COVID-19 Pandemic
Kenyan manufacturers have been urged to embrace and adopt emerging technologies during this Covid- 19 Pandemic to remain in business…
East African SMEs accelerate their growth with cloud deployments
August 31, 2020
East African SMEs accelerate their growth with cloud deployments
SMEs in the East African region are using digital transformation initiatives to increase their competitiveness and ensure they are set…
Get up to 70% import financing on the value of your car
August 28, 2020
Get up to 70% import financing on the value of your car
If you’re thinking of buying a car, chances are you might be considering import financing. Import financing has the advantage…
Telkom Kenya Calls on Market Regulator to Ensure Sector Fairness
August 28, 2020
Telkom Kenya Calls on Market Regulator to Ensure Sector Fairness
Telkom Kenya is calling upon industry regulator, the Communications Authority of Kenya, to ensure a level playing field in the…
Ecobank wins Innovation in Financial Services award at African Banker 2020 Awards
August 27, 2020
Ecobank wins Innovation in Financial Services award at African Banker 2020 Awards
Ecobank has won the Award for Innovation in Financial Services at the 2020 edition of the prestigious African Banker magazine…
Telkom Kenya Restructuring its Business after Merger Fallout With Airtel
August 27, 2020
Telkom Kenya Restructuring its Business after Merger Fallout With Airtel
Telkom Kenya is restructuring its business after the unexpected fallout of its merger plans with Airtel Kenya. Announcing the company’s…
Glovo Reports Increased Grocery Deliveries in Kenya
August 27, 2020
Glovo Reports Increased Grocery Deliveries in Kenya
Glovo has reported an increase in deliveries in the country since the first case of covid-19 was registered in Kenya.…
Jambojet customers to pay for flight tickets using Bonga Points
August 27, 2020
Jambojet customers to pay for flight tickets using Bonga Points
Safaricom users have yet another thing to smile about because they can now use their Bonga Points to pay for…
Safaricom Offers Customers ‘Free 500MB’ through ‘Browse Bila Waas’ Campaign
August 27, 2020
Safaricom Offers Customers ‘Free 500MB’ through ‘Browse Bila Waas’ Campaign
Safaricom is offering free 500MB to its customers in a newly announced promotion called ‘Browse Bila Waas’. The product offers…
Equity Bank Rolls-out Universal Number for All Outgoing Calls to Customers and Stakeholders
August 24, 2020
Equity Bank Rolls-out Universal Number for All Outgoing Calls to Customers and Stakeholders
Equity is saving its customers a headache by rolling out a universal number for all outgoing calls. From now henceforth,…
Airtel Africa Strikes a Global Cash Transfers Deal with MoneyGram
August 24, 2020
Airtel Africa Strikes a Global Cash Transfers Deal with MoneyGram
Airtel Africa has partnered with MoneyGram, the US money transfer company. Through the deal, Airtel Money customers will be able…
Asset Finance and how it can help you grow your business
August 20, 2020
Asset Finance and how it can help you grow your business
Ngao Credit Asset Finance: Running a business during this COVID-19 pandemic is not smooth running. As the effects of the…
[Somalia] Sombank to Implement Temenos banking platform in the cloud
August 15, 2020
[Somalia] Sombank to Implement Temenos banking platform in the cloud
Sombank, a privately owned Islamic bank in Somalia, has selected the Temenos Islamic Banking solution in the cloud to accelerate…
Airtel Money Customers Will Soon Deposit and Withdraw Cash Online via Standard Chartered Bank
August 13, 2020
Airtel Money Customers Will Soon Deposit and Withdraw Cash Online via Standard Chartered Bank
Airtel Money customers will now be able to make deposits and withdrawals via Standard Chartered bank, thanks to the recent…
Equity Completes KSh.10.2 billion Acquisition of majority stake in Congolese Bank
August 11, 2020
Equity Completes KSh.10.2 billion Acquisition of majority stake in Congolese Bank
Equity Group has completed its acquisition of 66.53% stake in the Banque Commerciale Du Congo (BCDC) at a cost of…
Huawei Forced to Halt Production of its High-end Kirin Smartphones Chips Due to U.S Sanctions
August 10, 2020
Huawei Forced to Halt Production of its High-end Kirin Smartphones Chips Due to U.S Sanctions
Chinese tech giant, Huawei, is in limbo in the production of its own high-end Kirin smartphone chips. US sanctions imposed…
Toshiba Officially Exits the Laptop Business
August 10, 2020
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…
Telkom and Airtel Kenya Merger Talks Mutually Dropped
August 7, 2020
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…
Global Tablet PC Sales Rise as Consumers Scramble for Big Screen Devices
August 4, 2020
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…
Kenya Won’t Stop Huawei from Taking Part in Construction of the Country’s 5G Network
August 4, 2020
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…
Hotpoint Opens its Largest Outlet In East Africa At Sarit
August 3, 2020
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…
Microsoft Continues Talks on Potential TikTok Purchase in the United States
August 3, 2020
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…
Kenya Airways Resumes International Passenger Flights
August 3, 2020
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…
NCBA Loop has become a complete mess
July 31, 2020
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…
Apple Shipped 45 million iPhones Globally in Q2, 2020
July 31, 2020
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…
Huawei Tops the Global Smartphone Market
July 30, 2020
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…
Samsung Reports “Weaker” Smartphone Sales in Q2
July 30, 2020
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…
Africa’s online commerce platform DPO Group is being acquired by Network International
July 29, 2020
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…
Digital Lenders Oppose CBK’s Plans to Regulate Mobile Loan Interest Rates
July 28, 2020
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…
Safaricom’s Ksh 20 bob per day 4G smartphone Financing Plan Launched
July 28, 2020
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…
Ngao Credit: Here’s how to take advantage of our Import Financing services
July 27, 2020
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…
CA Sets Aside Ksh 1.6bn for Development of Mobile Towers in Arid Areas
July 27, 2020
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…
Twitter Considers Subscription Options after Drop in Revenue
July 24, 2020
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…
You Can Now Pay for Electricity Bills Using Safaricom’s Bonga Points
July 24, 2020
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…
The business challenges of SMEs during this COVID-19 pandemic
July 23, 2020
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…
Equity Bank Receives $50 Million Loan from IFC to support Kenyan SMEs affected by COVID-19
July 22, 2020
Equity Bank Receives $50 Million Loan from IFC to support Kenyan SMEs affected by COVID-19
IFC has announced a $50 million loan to Equity Bank Kenya to support local SMEs especially those facing COVID-19 related…
Kenya Association of Manufacturers is piloting a Circular Economy programme with SMEs in Ruaraka
July 22, 2020
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.…
Kenyan Tourism Industry Mulls Virtual Game Tours as it seeks to Make up for Revenue Losses
July 21, 2020
Kenyan Tourism Industry Mulls Virtual Game Tours as it seeks to Make up for Revenue Losses
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…
Kenya’s Economy Set to Slow as Effects of COVID-19 Pandemic Take Hold, Report
July 21, 2020
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…
Jambojet’s new Progressive Web App will allow customers to book tickets, check in and access their boarding pass from their smartphones.
July 20, 2020
Jambojet’s new Progressive Web App will allow customers to book tickets, check in and access their boarding pass from their smartphones.
Jambojet has introduced a Progressive Web App (PWA) that will allow customers to book tickets, check in and access their…
CBK Seeks to Regulate Digital Lenders in Kenya in new Proposed Bill
July 20, 2020
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.…
The UK Bans Use of Huawei Equipment in its 5G Network
July 15, 2020
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…
Huawei Records Revenue Growth in H1 2020 amid Pandemic and US Pressure
July 14, 2020
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…
Open Banking opens up new opportunities for Banks in Africa
July 9, 2020
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…
SWVL Breached; Customer Names, Email addresses, and Phone Numbers Leaked
July 7, 2020
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…
Safaricom Wanted CBK To Limit Free M-PESA Transfers To 5 Per Day After Massive Losses
July 7, 2020
Safaricom Wanted CBK To Limit Free M-PESA Transfers To 5 Per Day After Massive Losses
Free M-PESA cash transfers for transactions less than Ksh 1000 is very helpful. It’s a measure put forward by the…
Safaricom to connect Coca-Cola coolers with data collection sensors
July 7, 2020
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…
Over 200 countries can send and receive money via Vodacom’s Tanzania M-Pesa
July 6, 2020
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…
Consumers facing financial uncertainty under Covid-19, SCANAD report
July 6, 2020
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…
The Expensive Nature of Safaricom’s Calling Rates Doesn’t Encourage Long Calls
July 6, 2020
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…
Mobile Money Market Continues to Grow in Kenya, M-Pesa Nears 99 percent Market Share
July 6, 2020
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…
Kenya’s Mobile Penetration Hits Record High As Safaricom and Telkom Lose Market Share
July 6, 2020
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…
Google Pays Apple Loads of Cash to Maintain Search Monopoly
July 2, 2020
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…
Kenya’s 1.5% Digital Services Tax Now Official, To Take Effect From January
July 1, 2020
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…
Airtel Africa Celebrates 10th Anniversary, Boasts Of Over 110Million Subscribers in the Region
June 30, 2020
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…
Kenya’s Mobile Penetration Highest in the Region at 62pc
June 30, 2020
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…
Safaricom Bids For Telco License in Ethiopia
June 30, 2020
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…
KRA has set up a special unit for digital tax tracking
June 29, 2020
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…
Insiders remain one of the key threats to corporate cybersecurity in East Africa – Report
June 29, 2020
Insiders remain one of the key threats to corporate cybersecurity in East Africa – Report
Insider-related cybersecurity incidents in East Africa is one of the key threats in East Africa. This is according to a…
Ecobank Nigeria Extends Zero Charge for Digital Money Transfers
June 26, 2020
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.…
Kenyans To Continue Sending Up to Ksh 1000 Via Mobile Money for Free till December 31st
June 26, 2020
Kenyans To Continue Sending Up to Ksh 1000 Via Mobile Money for Free till December 31st
In March, the Central Bank of Kenya rolled out several measures to cushion locals from the adverse effects presented by…
Africa’s Smartphone Market Suffers Worst Decline Since 2015
June 26, 2020
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…
Wireless Earphone Market Estimated to Be Worth $3.41 Billion by 2027
June 25, 2020
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…
Visa and TerraPay partner to drive domestic remittances
June 25, 2020
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…
Brazil Suspends WhatsApp’s Payment Service
June 24, 2020
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…
The Facebook Ad Boycott Campaign is Gaining Steam
June 23, 2020
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…
Equity Group calls off plans to acquire Atlas Mara banking businesses
June 23, 2020
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…
Jumia launches 8th Anniversary campaign to support sellers
June 23, 2020
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…
Safaricom, The Star and People Daily Partner for KES.10 Digital Newspapers
June 22, 2020
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…
Zoho launches Bigin, a CRM solution for SMEs priced at Ksh.560
June 19, 2020
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.…
FedEx Express Expands To Kenya
June 19, 2020
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…
Visa launches new initiative to support Small Businesses in Kenya
June 18, 2020
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…
Safaricom’s Lipa Na M-PESA Business App Is Now Official
June 18, 2020
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…
Safaricom Customers Redeemed 1 Billion Bonga Points in 2 Months
June 16, 2020
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…
Commerce Department says U.S. companies can work with Huawei on 5G and other standards
June 16, 2020
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…
Apple’s App Store ecosystem facilitated over half a trillion dollars in commerce in 2019
June 16, 2020
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…
WhatsApp Debuts A Digital Payments System in Brazil
June 16, 2020
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…
A guide to your StarTimes e-shopping experience
June 15, 2020
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…
Jumia Has Opened Up Its Logistics Services To External Clients
June 15, 2020
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…
Ngao Credit: Guide To Our Import Financing
June 12, 2020
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…
Kenya loses over Ksh.100 bn in revenue to illicit trade, report
June 10, 2020
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…
Uber launches Uber Cash in Partnership with Flutterwave in Africa
June 10, 2020
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…
Ngao Credit: How SMEs can benefit from Our Jijenge loan product
June 9, 2020
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…
[Updated] IBM Exits Facial Recognition Technology Business Over Biasness and Inequality
June 9, 2020
[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…
Huawei’s Patents on 5G means the US will pay despite Trump’s ban – Report
June 9, 2020
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…
[Updated] Okash and Opesa Criticized Over Debt Collection Malpractices by The Digital Lenders Association
June 9, 2020
[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…
Trans Nzoia lady wins Ksh 450,237 with 7 shillings after outrageous 9 team multibet on Odibets
June 9, 2020
Trans Nzoia lady wins Ksh 450,237 with 7 shillings after outrageous 9 team multibet on Odibets
Lydiah Mutinga from Trans Nzoia County is the latest winner on Odibets. Mutinga won Ksh 450,237 after placing a 9-team-multi…
Banking Sector urged to go digital to build resilience and sustainable growth post Covid-19
June 4, 2020
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…
Digitization strategy oversees Equity’s growth in loans and transactions
June 3, 2020
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…
NTSA Wants To Ban Cash Payments On Matatu Fares
June 3, 2020
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.…
KRA Wants Netflix, Uber, and Other Online businesses To Start Paying Income Tax
June 2, 2020
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…
Global Smartphone Sales Declined 20% in First Quarter of 2020 Due to COVID-19 Impact, Gartner
June 2, 2020
Global Smartphone Sales Declined 20% in First Quarter of 2020 Due to COVID-19 Impact, Gartner
The Covid-19 pandemic has made the smartphone industry’s quarter performance rather predictable – it’s all about declines. But it also…