Safaricom partners with Visa to develop M-Pesa products for customers and merchants

Safaricom  has entered into a new partnership with digital payments leader Visa to develop products that will support digital payments for M-PESA customers.   The partnership...

DPO Group and Mastercard launch DPO Store, an e-commerce platform for African businesses

Digital payments company, DPO Group, has launched an e-commerce platform to help merchants across Africa to move their businesses online. Known as DPO Store,...
Safaricom's Sateesh Kamath

Free Cash Transfers Cost Safaricom Ksh.650 Million In losses In March

The removal of transaction charges for M-PESA transactions below Kshs,1,000 over coronavirus outbreak has seen Safaricom lose Ksh.650 million in March. This was part of...

Safaricom’s M-PESA revenues from betting declined by Ksh.1.9B

Safaricom's M-Pesa revenue shrunk by 33%, amounting to a whooping 1.9 Billion due to reduced betting activities in the country. This is according to...
Safaricom CEO and other panel members

Safaricom FY20 Revenue Grew by an impressive 14.3% to KShs.71.7 Billion Beating Expectations

Kenya’s largest telco, Safaricom, has just released its financial results of the year, which has indicated strong revenue growth. Profits were up from KShs...
Visa launches new initiative to support Small Businesses in Kenya

Visa and Pesapal Partner for Connected Payments in Africa

Visa has announced a new partnership with Pesapal to drive connected digital payments to consumers and businesses in Africa. Under this new partnership, Pesapal...

Outrageous bet sees Kisumu Man win Ksh.818,496 on Odibets’ e-sports platform with Sh3

Mr. Meshack Ogutu, Kisumu based mechanic is the winner of Ksh. 818, 496 on Odibets' e-sports platform after placing a bet with Ksh.3.  Meshack predicted...

Egypt’s Largest Private Lender Acquires 51% Stake in Kenya’s Mayfair Bank

Egypt's Commercial International Bank (CIB) is acquiring a 51 percent of the shareholding of Kenya's Mayfair Bank Limited (MBL). Commercial International Bank is the largest...

Vivo Made More Sales In Q1 Than South Korean Tech Giant, Samsung In India

For the first time, vivo has overtaken Samsung’s smartphone sales in India in a single quarter. The list of top five popular companies in...
Amazon Web services logo on wall

Amazon’s First African AWS Region Opened In Cape Town, South Africa

Amazon Web Services, commonly referred to as AWS, has opened its first-ever AWS Region in Africa.  The new AWS Africa Region is based in...

StarTimes new online platform, StarTimes GO, will allow customers to shop from their TVs

Pay Television provider StarTimes Kenya has introduced an online shopping platform for its customers. Named StarTimes GO, the platform will offer the public access...

Twiga Foods sign fresh produce distribution deal with Jumia, cut prices by 50%

Twiga Foods has signed a distribution deal with e-commerce leader Jumia to deliver fresh and processed food to consumer's homes in Nairobi. The partnership...
huawei

Huawei Revenue Growth Slows Immensely Amidst Coronavirus Pandemic

Amidst the coronavirus pandemic, business is not doing good for most industries around the world. Huawei 's revenue growth has also been immensely affected,...
Netflix on TV

Netflix Gained 15.8 Million Paying Customers Globally In Q1 2020 Beating Its Expectations Due...

With several conventional industries experiencing what seems like one of those all-time low seasons, the streaming has seen an upsurge in usage. Several streaming companies...

Alibaba Pledges To Invest $28 Billion In Cloud Computing Over The Next Three Years

Chinese e-commerce giant, Alibaba, has promised to invest 200 billion yuan (approx. $28 billion) in its cloud computing business to help improve the infrastructure...
Laptop PC

Coronavirus: Global PC Sales Experience Sharpest Decline Since 2013

Global PC shipments in Q1 fell by 12.3% from the previous year, with just 51.6 million units shipped in the first three months of...
Huawei Mate X foldable phone

Huawei Has Lost Over US$60 Million On Foldable Phones

Like other tech companies using Google’s Android, Huawei joined the run for making foldable devices early to compete with Samsung. The company’s first commercially...

Safaricom partners with more PSV Matatus to Collect Fares through M-PESA

Safaricom has partnered with more matatu Saccos to collect fares through M-Pesa. The telco first launched the service last month to facilitate cashless payments...
UberEats Photo App Logo

Uber Eats For Business Customers To Expand To Over 20 Countries Globally After Successful...

Uber for Business, the corporate version of Uber aimed for corporate customers, is finally expanding its food delivery business for corporate customers to 20...

Samsung Electronics Posts Better Than Expected Profits In Q1 Despite Covid-19 Crisis

In the recently ended January to March quarter, Samsung Electronics realized a slight increase in its revenue debating expectations. The South Korean tech company...
Absa Logo

Vodacom Group Is Suing Absa For Losses Of At Least $64.1 Million, Report

Vodacom Group is reportedly suing Absa, formerly Barclays Africa Group Limited, asking to be compensated as much as $286-million on two separate charges. The first...

Safaricom And Vodacom Fully Acquire The M-PESA Brand From Vodafone

Safaricom and Vodacom have announced that they have now completed the full acquisition of the M-PESA brand from Vodafone through a newly-created joint venture. The...
Joox logo

Tencent Eyes Africa To Grow Its Music Streaming Business

Chinese tech giant Tencent Holdings Ltd. is eyeing Africa as a potential market to grow its paid music streaming service Joox. This comes five...

Safaricom Customers To Pay Less As Telco Implements Government’s Reduction In VAT Order

As of today, you may have already heard that the government slashed the Value Added Tax from 16 percent to 14 percent. This was...

Uber Temporarily Suspends Its Services In Uganda As Country Enters 14-day Lockdown

Ride-hailing company, Uber, has temporarily suspended its services in Uganda. The company’s decision follows the 14-day national lockdown announced in the country. The company will...

Airtel Kenya Is The Only Telco That Grew Its Mobile Subscriptions Market Share In...

The latest insight report into the mobile subscription industry reveals rather shocking details. The Communications Authority of Kenya in its latest Sector Statistics Report,...

Kenyans Deposited Nearly Ksh.607B Via Mobile Money In Q2 2019/2020, Report

Mobile money usage in Kenya has continued to grow in the country tied to its convenience. Using the platforms, you can pay for any...

Zuku Reclaims Top Spot As The Largest Fixed Data Provider In Kenya Surpassing Safaricom

Wanachi-owned Zuku has reclaimed its top spot as the country’s largest fibre internet provider, according to latest Sector Statistics report from the Communications Authority...

Huawei’s 2019 Expenditure With US firms Went Up Despite Trade Ban

Despite being faced with sanctions in the US, Huawei still saw increased spending with US suppliers in 2019, according to Huawei’s Chairman, Eric Xu. In...
Samsung-Galaxy-s20-s20-plus-s20-ultra

Samsung Galaxy S20 Sales Affected Immensely By Coronavirus Pandemic

Despite the ongoing coronavirus pandemic, many smartphone companies have not been turned away from launching their new phones. Samsung already launched the Galaxy S20...
Standard Chartered

Standard Chartered commits $1B to finance companies helping tackle Covid-19

Standard Chartered has announced that it will commit USD1 billion of financing for companies that provide goods and services to help the fight against...

Coronavirus: This could be the right time to get home internet

The demand for home internet and wireless connectivity in Kenya might go high as more Kenyans work and learn remotely due to global concerns...

Posta and Jumia partner to offer discount on delivery fee for customer countrywide

As the effects of coronavirus continue to be felt, more Kenyans are now turning to online shopping to purchase household essentials.  Postal Corporation of...

How To Stop Promotional Messages On Safaricom Through WhatsApp

Promotional text messages can be annoying sometimes especially for services you did not subscribe to. A number of users have always complained online about...
Jumia Kenya

Kenyans turn to e-commerce as coronavirus pandemic fears grow

The coronavirus has spread to dozens of countries across Africa within weeks, with the head of the World Health Organisation (WHO) warning that the...

Glovo partners with Naivas to offer free deliveries for orders above Ksh.1,000

Delivery firm Glovo has announced a new partnership with Naivas Supermarkets to provide free deliveries in the wake of the Covid 19 Global Pandemic. The...

Nigeria is getting its first-ever bitcoin ATM

Nigeria has the strongest economy in Africa and has always stood out as more or less financially stable compared to some neighbouring countries. As...
An Airtel shop in Nairobi. Airtel Kenya now has a Data Management feature. Photo/Business Daily

Airtel Waives Transaction Fees On Its Mobile Payment Service Across all Bands

After the CBK met with Payment Service Providers and other financial industry players. Safaricom was the first telco to announce the removal fees, but...

Safaricom Waives Fees For M-PESA Transactions Below Ksh 1000 Over Coronavirus Outbreak

Safaricom has announced that they have waived off all the transaction fees for M-PESA transactions below Ksh 1000. In a press release late this...

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...

Safaricom’s AI Chatbot Zuri Brings A One-Stop Support Desk On WhatsApp

Safaricom's AI Chatbot Zuri is a hell of a kind. The telco is the only one in the country with such a service that...
Apple Logo

Apple Temporarily Shuts Down All Retail Stores Outside China Until March 27

Apple has temporarily closed its stores around the world, except those located in China, in response to the ongoing Covid-19 outbreak. The company CEO,...

Jumia Tech Week Campaign Starts Today, Here’s What To Expect

Jumia Kenya has announced the launch of this year’s Jumia Tech Week campaign. The campaign kicks of today, 16th March and will run until...

Safaricom’s AI chatbot Zuri now available on WhatsApp – How to activate

Remember Zuri? Safaricom's artificial intelligence (AI) Chatbot to manage customers’ queries. Well, she's now available on WhatsApp. Zuri has been available on Telegram and Facebook...

Visa has unveiled a Ksh.242M grant to support Kenyan women-owned micro-businesses 

Visa has announced a Ksh.242 Million grant to Hand in Hand Eastern Africa to support low-income business owners in Kenya. The program aims to...
Huawei Logo

Huawei Expects Smartphone Sales To Plunge In 2020

Chinese smartphone maker and largest telco equipment maker Huawei had a good year in 2019, despite the US Ban. The firm was added to...
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...

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...

Safaricom New PostPay plans – How to join and everything you need to know

Kenya’s leading telco Safaricom finally rolled out new PostPay plans for its consumers. Unlike previously, the new packages have been harmonised to offer value...
Safaricom CCO Slyvia Mulinge

Safaricom Plans To Launch Device Financing Models For PostPay Customers

After unveiling their new PostPay plans yesterday, Safaricom announced that they plan to bring financing models for smartphones. Through this, PostPay customers will be...
Safaricom Chief Customer Officer, Sylvia Mulinge

Safaricom Introduces New PostPay Plans With No Expiry Data And Minutes – How To...

Safaricom has introduced new offerings for its postpaid customers. The new packages have been harmonized to offer more value for money and its not...

Samsung Plans To Sell 8 Million QLED TVs In 2020

South Korean tech giant, Samsung, has not only been the biggest smartphone vendor but is also one of the industry-leading companies in the TV...

Nokia Appoints New CEO After Missing Out On 5G

Nokia CEO Rajeev Suri is stepping down after over six years as the face of the company, Nokia said on Monday. The company has...

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....

Safaricom’s integrated mobile platform DigiFarm wins Global Mobile Award

Safaricom’s integrated mobile platform DigiFarm has been named the Best Mobile Innovation for Emerging Markets in this year’s Global Mobile Awards (GLOMO). The platform provides...

Glovo to integrate an SOS function on its Glovo app

Local delivery firm Glovo has announced plans to integrate a new emergency SOS function into its mobile app to improve its rider’s safety. With...
Jumia Kenya

Jumia appeals to local manufacturers with 50% lower commissions

In a move aimed at encouraging more local manufacturers to sell online, e-commerce leader Jumia is now extending a 50% reduction on commissions for...

Safaricom Will Consider Huawei To Build Its 5G Infrastructure

By now it's presumed that you are aware of 5G, the next generation of wireless technology that takes over 4G. In Kenya, we are...

Safaricom’s 200 Percent Storo Bonus Promotion is Back

Kenya’s largest telco, Safaricom, is back with its Stori Ibambe promotion, which offered its subscribers a 200 percent airtime bonus when they hit a...
SWVL security breach

NTSA Escalates Legal Fights With Egyptian Ride-Hailing Company, SWVL

Last year, the National Transport and Safety Authority (NTSA), stepped up legal fights with the Egyptian shuttle-hailing company, SWVL. The regulator claimed the company...
Standard Chartered

Standard Chartered Bank launches mobile traded bond

Standard Chartered Bank Kenya has become the first commercial bank in Kenya to launch bond traded exclusively through mobile phone, the Bank announced Monday. Through...
Apple logo art

Apple Warns Revenue Miss Due To Effects Of Coronavirus

Apple has on Monday warned that they expect to miss their revenue targets for the second quarter due to the Wuhan coronavirus (COVID-19) outbreak. “......

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...

Intra-African remittances to soar to record numbers in 2020, says WorldRemit

Online international money transfer company WorldRemit predicts that 2020 will be the year of intra-African remittances. The World Bank already estimates that migrant workers within...
Twitter QAnon conspiracy

Twitter Nets $1 Billion In Quarterly Revenue For The First Time

Twitter just released its Q4 earnings report today. From the report, the California based social media company was happy to announce that for the...
MPost-launch-event

Posta Kenya’s M-Post Service Hits 150,000 Subscribers

Towards the end of November last year, Posta Kenya, in partnership with Kenya's largest telco Safaricom announced a new service dubbed M-Post that digitalized...

Huawei Surpasses Apple To Become The Second-Best Selling Smartphone Brand Globally In 2019

Huawei had a rough time in 2019. From the US blacklist that barred the company from trading with its partners to being prohibited from...

LG’s Home Appliance Business Soared In 2019, As Mobile Unit Stayed In Red

On January 30th, LG released its fourth-quarter financial results for 2019 indicating a struggling mobile business despite restructuring efforts to see profitability. LG posted a...
Jumia Kenya

Jumia Advertising now official, opens its platform for brands to advertise

Three weeks ago, Jumia Kenya CEO, Sam Chappatte, through a LinkedIn post revealed that the e-commerce giant was planning to launch what they’re calling...
Apple logo art

Apple Fined $837 Million For Infringing Wi-Fi Patents From The California Institute Of Technology

Apple, together with its close partner Broadcom have to pay a total of $1.1 Billion in fines for infringing three WIFI patents from the...

Samsung Annual Revenue Dropped In 2019 Despite Strong Flagship Smartphone Sales

Samsung Electronics yesterday announced its quarterly financial results of the period ended December 31, 2019. Revenue in the final quarter of 2019 was 59.88 trillion...
huawei

UK Allows Huawei To Take Part In The Country’s 5G Network Despite US Pressure

Contrary to what their close allies from the West wanted, Britain has given Huawei permission to take part in the country's 5G network. The...

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...

Vodafone Quits Facebook Libra Association, To Focus On M-Pesa Expansion To More Countries

Facebook's Libra project has been heavily criticized over the parent's company issues with how it handled customer data in the past. The Libra Association...
UberEats Photo App Logo

Uber Sells Its Food Delivery Business, UberEats, To Local Rival In India

Uber has officially sold its food delivery arm to Zomato, a local rival in India. As part of the deal, the ride-hailing company will...
Uganda's Prime Minister Ruhakana Rugunda(L) shakes hands with a robot that uses the 5G network during the 5G technology trial ceremony in Kampala, Capital of Uganda, Jan. 17, 2020

MTN Uganda Begins 5G Trials In Partnership With China’s ZTE

Last week on Friday, China's ZTE, together with MTN Uganda, officially began trials of the Standalone 5G network in the country. This makes Uganda...

Safaricom Partners With Ria Money To Enable International Money Transfers With M-PESA

Safaricom has today announced a new partnership with Ria Money Transfer that will allow MPESA users to receive money from over 20 countries across...

[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%...

Safaricom and M-Gas partner to offer prepaid gas services for Kenyan homes

Safaricom and M-Gas have launched a prepaid gas service for Kenyan households. The new service according to the two is expected to empower Kenyan homes...

Global PC Shipments Rose By 2.3% In Q4 2019, Lenovo Still Ranks Number One...

Since the outbreak of portable alternatives, PC shipments have been slowing down slowly by slowly. This scenario however changed in 2019. According to reports...

Nigeria’s Attorney General has withdrawn a $2bn tax demand against MTN

MTN Nigeria has for a long time now been trying to fight a $2 billion tax dispute in court with the Nigerian authorities.  The company,...

Safaricom Denies It Plans To Start Monetizing User Location Data – Here Is What...

Early this week, I am sure you were bombarded with several articles alleging that Kenya’s biggest telco Safaricom was planning on monetizing user data. The...
Telkom Kenya

Telkom Kenya Revamps Data Bundle Offerings – Now Offers Upto Double Data For The...

Data in Kenya is getting cheaper as time goes by. Telkom Kenya’s rebranding brought some cheap 4G data on the market, and we have...

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...

Safaricom Is Now The Largest Fiber Internet Provider In Kenya

Safaricom has now beaten Zuku to claim the number one spot in the fixed broadband market. The Wananchi Group-owned ISP has been the long-reigning...
Samsung Galaxy A10

Samsung Secures Top Spot In The Middle East And African Market, Thanks To Its...

Samsung Electronics has been ranked as the number one smartphone vendor in the Middle East and African market in Q3 2019. This is according...
Samsung Galaxy 5G phones

Samsung Shipped More Than 6.7 Million Galaxy 5G Devices In 2019

Samsung Electronics has announced that it shipped over 6.7 million 5G capable Galaxy Phones in 2019. The company, being among the early adopters of...
SWVL security breach

We’re not exiting the Kenyan market, SWVL says

Ride-hailing company, SWVL has denied claims that it plans to exit the Kenyan market. The company has also refuted allegations that it has not...

Huawei To Focus On ‘Survival’ In 2020

In a New Year's message to employees, Huawei's Chairman, Eric Xu, said that the company's top priority for 2020 would be survival. "Survival will...
This customer service center will cover the Western region and according to Huawei, it will provide an opportunity for customers in the region to interact with Huawei products

Huawei’s 2019 Revenue Increased By 18%, Expects Difficult Times Ahead

Even though Huawei was faced with rough times throughout the second half of 2019, the company has still been able to record an increase...
Uber cash Africa

Uber’s Ride-Hailing Service Banned In Germany And Colombia

Uber’s ride-hailing business has been banned after a regional court in Frankfurt, Germany decided that the US company has no necessary license to offer...

Jumia says it attracted over 100M unique visits during Jumia Black Friday 2019

Jumia has reported that the 2019 Black Friday had hit a record high, attracting over 100 million unique visits to the Jumia website. In an...

Bolt is expanding to seven more towns in Kenya

Ride-hailing app Bolt is extending its operations into more Kenyan towns. The company is expanding to Nyeri, Meru, Embu, Nanyuki, Karatina, Kilifi and Malindi...

Huawei To Narrow The Gap With Samsung In The Smartphone Market

Huawei has been ambitious to become the number one smartphone seller by the end of the year. But that changed after the company run...
Visa launches new initiative to support Small Businesses in Kenya

Visa is partnering with MFS Africa to boost digital payments among African consumers and...

Visa and pan-African fintech leader MFS Africa have announced a partnership to boost digital payments among African consumers and businesses. This new partnership, according to...

Telkom South Africa shuts down its ADSL copper network, forces customers to move to...

Telkom South Africa is shutting down its ADSL copper network and is ultimately forcing its business customers to move to the cloud. This according...
An Airtel shop in Nairobi. Airtel Kenya now has a Data Management feature. Photo/Business Daily

Airtel Kenya Revamps Amazing Data Bundles With More Data

Airtel Kenya has also launched new offers on its amazing data bundles plans. Furthermore, Airtel has also revamped its offerings on calls, both off-net...
amazon-delivery-representation

Amazon Sent Random Items To Nintendo Switch Buyers On Black Friday, Including Condoms

Amazon users getting a Nintendo Switch were in for a shock this Black Friday. Amazon reportedly sent random and in some instances weird items...

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...

Jumia Food Index report predicts a 50% increase in On-Demand deliveries in 2020

Jumia Food launched the Kenya Food Index yesterday. The report has some interesting stats and predictions about the type of food Kenyan prefer ordering...
Intel modem

Apple Now Owns Intel’s Smartphone Modem Business

Despite investing billions in its smartphone modem business over the years, Intel was forced out of the market by Qualcomm. The company sold its...

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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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Samsung Unpacked: Here’s how you can watch the Galaxy Z Fold...

Samsung is hosting the Unpacked event on Wednesday August 5th online. During this event we expect the company to announce the Galaxy Note 20 and Galaxy...