Mitsubish and Nissan shares fall after chairman arrest

Few hours after the arrest of chairman Carlos Ghosn yesterday, Mitsubishi and Nissan motor companies have recorded a decline in their shares at the...

Jumia Ultimate Black Friday 2018 deals revealed: Groceries, TVs, Phones — and Unga for...

The Jumia Ultimate Black Friday 2018 deals have been revealed and there are some good ones which online shoppers in Kenya can take advantage...

You can now Lipa Na M-PESA without showing your message or give out your...

Safaricom has now made it possible for M-Pesa customer to pay with Lipa Na M-Pesa without having to show their message or even give...

Top firms to sponsor Young Entrepreneur Awards 2018

The inaugural Young Entrepreneur Awards 2018 has signed up three sponsorship deals for the awarding ceremony which will be held on November 28 this...

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,...

Safaricom New Home Fibre Plus Package Now Combines Mobile Data, Calls and Home Insurance

Safaricom has unveiled new Home Fibre packages that will combine mobile voice, mobile data, SMS and Home Fibre as well as home insurance in...

Safaricom takes M-Pesa Global Through A New partnership with Western Union

Safaricom has entered into a partnership with Western Union to launch M-PESA Global, a new service will allow anyone from virtually anywhere in the...

Full List of Young Entrepreneurs Awards 2018 Nominees

Here is the full list of the 32 shortlisted Nominees per category for the  Young Entrepreneurs Awards 2018. Fashion Award Ian Mati, Vintara Collection KE ...

Young Entrepreneurs Awards 2018 Nominees Unveiled

Bizna Kenya has unveiled thirty-two shortlisted nominees for the Inaugural Young Entrepreneurs Awards 2018 (YEA Awards) The prestigious Young Entrepreneurs Awards 2018 designed to recognize, celebrate...

Safaricom opens new retail shop in Eldoret town

Safaricom has opened its new retail outlet in Eldoret town as part of its regional expansion strategy to reach customers in the region. The shop...
Telkom Kenya

Telkom Kenya to send home 500 employees in workforce restructuring exercise

Telkom Kenya has announced plans to send home 500 employees as part of its workforce restructuring exercise. ‘’Telkom has issued the requisite thirty-day notice to...

Redefining Wine O’clock with LG’s smart wine cellar

Once upon a time, when you wanted to enjoy some red or white wine, you needed to store them differently. The white in the...

Tips for Startup Businesses: How Structured Cabling Improve Network Connections

It’s a fact that technology is a crucial factor in a business’s success. Starting and running a business can be a challenge, but with...

Expect the Jumia Black Friday 2018 to be twice as big as last year

Jumia Kenya officially unveiled its Jumia Black Friday 2018  sales event this month. The one-month event will run from 2nd to 30th November under...

The LG Kitchen Maestro Starter Pack

Everyone has at least one memory of his or her family sharing a sumptuous home-cooked meal accompanied by hearty laughter. Many of us remember...

LG proves the future of the kitchen is digital

I remember when I was growing up, sitting in the kitchen watching my mother prepare chapatti with the hope of having some sample to...

Samsung opens its largest retail store in Africa at Two Rivers Mall

Samsung Electronics has opened a new interactive store at Two Rivers Mall bringing to 29, the total number of Samsung Experience Stores across the...

CBA’s third economic forum discusses food security

Commercial Bank of Africa (CBA) yesterday hosted its third Economic Forum at Serena Hotel in Nairobi. The third Economic Forum focused on Food Security...

Safaricom Voice, Data, SMS Cost go up after recent taxes

Kenyans will from today start paying more for Safaricom voice calls and data. Safaricom in a statement sent out yesterday said this was as...

Internet Solutions introduces consumption-based bandwidth service

Internet Solutions has launched a consumption-based billing service that will now let enterprises pay for internet connectivity based on their monthly usage. Last month,...

Posta eyeing new partnership with Amazon

Kenya’s postal service provider the Kenya Postal Corporation of Kenya is eyeing a deal with American e-commerce company Amazon that will see it become their...
Featured Image: Jumia MD, Sam Chappatte, PS, State Department of Trade, Dr. Chris Kiptoo (Ministry of Industrialization, Trade & Cooperatives) and Florence Kimata - SMEs Advisor - (Ministry of Industrialization, Trade & Cooperatives) addressing the media during the event. 

Jumia Black Friday sales event officially unveiled

Its that time of the year where every retailer hosts a Black Friday sales event. During this time retailers are always bringing their vendors...

DHL Express awarded most Top Employer certifications on the continent

DHL Express has been awarded most Top Employer in Africa for the fifth consecutive year, at the prestigious Top Employer Africa 2019 certification ceremony,...

Cross-network money transfer between Safaricom and Telkom goes live

Cross-network mobile money transfer between Safaricom and Telkom went live in Kenya on Thursday.  This came as the country’s main telcos come together to...

Jumia partners with Amadeus to launch first Flight Marketplace in Africa

Jumia Travel has partnered with Amadeus, a leading travel technology company to launch the first flight marketplace in Africa. The partnership is the base...

Safaricom introduces optional Internet Plus Package for its Home Fiber customers

Safaricom has introduced new packages for its Home Fiber customers. The company is calling it Internet Plus and is describing it as a converged...

LG Customer Connections for Great Experiences

Walk into any of the LG showrooms and you immediately feel the difference in the experience that makes this establishment one of your...

Create A Logo In No Time Using LogoAi

Need a logo design right now for your online business? With the right tool, you can create a professional looking logo in just an...

Safaricom Data Center attains Tier 3 Design Certification

Safaricom has received Tier III Design Certification from Uptime Institute for the Thika Data Center, thus joining elite data centers in the world to...

Vodacom customers in Tanzania can now buy apps on Google Play Store using their...

Vodacom Tanzania customers can now pay for content on Google Play Store using their airtime balance. This after the operator signed a partnership deal...

Mastercard unveils Mastercard Track, a global trade platform for businesses

Mastercard has partnered with Microsoft to introduce Mastercard Track, a  global trade platform that will simplify and enhance how companies around the world do business with each other. While...

Hashmart, the new online retailer in town is betting big on electronics

You will agree with me that the internet has revolutionized how most of us shop. Because of the numerous advantages and benefits, more and...

Internet Solutions is pilots consumption-based bandwidth service in Kenya

Internet Solutions is in the process of piloting a consumption-based billing service for its connectivity business as the demand for bandwidth rises in the...

Solar Energy firm Fenix International now powering 30,000 Zambian households

Leading pay-go energy company Fenix International, has reached 30,000 Zambian households just 9 months after expanding into the country.  This rate of growth exceeds...
Telkom Kenya

Telkom Kenya has unveiled 200 new 4G sites in Nairobi

Telkom Kenya has unveiled 200 new 4G sites within Nairobi and its environs to cater for the growing demand for data. The new sites raise the...

Logistics firm Bwala Africa closes Ksh 24 million debt financing

Kenyan logistic firm Bwala Africa Group has secured a  Ksh 24m debt financing from South African-based bank CFC Stanbic to meet the rising demand...

mkey, Finserve’s new keyboard app lets users save, borrow and connect with their friends

Finserve, an independent arm of Equity Group has launched mKey, a keyboard app that combines both financial social and lifestyle services. The keyboard app...

Safaricom’s new measures to curb SIM fraud

Over the last few months, Safaricom has been on the spot after a number of its subscribers complained about their SIM cards being swapped....

Safaricom announces plans to unveil new data packages

Safaricom has announced plans to unveil new data packages. According to the company, this is in line with its customer needs who have recently...

HF Group records Ksh12.6 million in half-year profits

HF Group has posted half-year period pre-tax profit of Ksh 12.6 million for the period ending June 30, 2018, compared to the Ksh 231...

Use of drones in the Shipping sector set to take-off

This year saw the first successful ocean rescue of two swimmers in rough seas in Australia by drone. A number of companies are developing...

HFC calling on local developers to help improve its HF Whizz app

HFC Group is calling on local developers to create complementary apps that would enhance its new HF Whizz app which was launched last month....

M-Pesa puts Safaricom on Fortune Magazine’s 2018 Change the World List of Companies

Safaricom has been recognized in Fortune Magazine’s 2018 Change the World List of Companies for its efforts in tackling society challenges using M-Pesa. According...

Safaricom opens new retail shop in Busia

Safaricom has today opened a new retail shop in Busia. The new shop is an addition to the retail centers in the Greater Western...

DCI George Kinoti says efforts to fight SIM swap fraud on course

The Director of Criminal Investigations George Kinoti has assured the public that the fight against Sim Swap fraud is on course. The DCI was speaking...

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...
Telkom Kenya

CAK Gives US Firm Clearance To Buy 723 Telkom Kenya Towers

American Tower Corporation (ATC) has been given a go-ahead by Competition Authority of Kenya (CAK) to buy 723 Telkom Kenya towers. According to a...

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...

Equity Bank lowers lending rates to 13 percent

Equity Bank has lowered the interest rate charged on loans to a maximum of 13 percent p. a with effect from Wednesday, 1 August...

Telcos in Rwanda want government to allow them roll out cross-network mobile money transfer

Telcos in Rwanda are seeking approval from the relevant government body in the country to roll out mobile money interoperability.  The telcos, Airtel Rwanda,...

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...

Safaricom launches two base stations in Coast, Expands its FTH Connectivity In The Region

Safaricom has launched two base stations in the coastal region and expanded its Fiber-To-Home connectivity in the Coastal region. This brings the number of...

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...

Safaricom hit by major voice and data outage

Safaricom has today morning been hit by a major outage. Most subscribers countrywide have been cut off from internet connectivity in what the mobile...

Wix Answers will help to solve all your customer service concerns

Excellent customer service is very important for running a successful business. Gone are the days when organizations relied on phone-only support. These days, customers...

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...

Rent prices increased by 3.3% in the second quarter after a year of price...

Rent prices in the country increased by 3.3 percent in the second quarter of this year as confidence is returning to the sector following...

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...

Small businesses will be critical to South Africa in the 4th Industrial revolution

Small businesses will be critical to South Africa in the 4th industrial revolution while access to information will revolutionize education. This was highlighted at an insightful...

Jumia launches free 3-month guarantee on products above KES.1,500

In a bid to enhance customer confidence in online shopping, online retailer Jumia Kenya has announced a free, 3-month guarantee on products valued above...

Kenyans in diaspora sent home over Sh. 25 billion in the month of May

Kenyans in the diaspora remitted back to the country over 25 billion in the month of May. This is an increase of about 4...
Branch International

Branch raises Ksh.350 Million to expand its loan product offerings in Kenya

Mobile loans company Branch International has raised Sh350m to expand its loan product offerings in Kenya. The commercial paper issuance was arranged by Centum-owned capital-raising...

8 Common Mistakes That You Need to Avoid as a New Entrepreneur

Everyone makes mistakes and it goes without saying that a major part of establishing a startup business is all about committing errors and learning...

Own a Small Business? Here Are the Benefits of Branding to Reach Out to...

Businesses big or small need branding. Just because you have a small set up, do not assume that managing the same is easy. This...

Quick Tips to Reduce Overhead Expenses of Your Business

Overhead expenses or inflation is a concerning thing for every business, and it does not matter whether your business is new or your company...

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...

Kilimall 4th anniversary 2018 starts on 2nd July, lots of discounts and vouchers to...

If you’re planning to purchase anything then you might have to wait and take advantage of the upcoming Kilimall 4th Anniversary 2018. The company...

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...

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...

Safaricom’s “Maisha Ni M-PESA Tu” Campaign to reward M-Pesa customers and agents

Safaricom has today unveiled a ten-week loyalty promotion to reward its M-Pesa customers and agents. The promotion, dubbed “ Maisha Ni M-PESA Tu ’’...

Business: Petrol, Diesel and Kerosene prices go up in ERC June fuel review

Motorists in Nairobi will for the next one month pay Ksh 108.81 per litter for super petrol up from Ksh 107.17 in the month...

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...

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...

Tanda Launches Out of Beta To Help Retailers Source Their Inventory & Offer Credit...

Tanda, a Kenyan platform designed to make it easier to run a shop by allowing shop owners order and manage their inventory has launched...

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...

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...

Ecobank named Africa’s Best and Most Innovative Retail Bank

Pan Africa bank Ecobank has been named best retail bank in Africa at a ceremony held in Busan South Korea. The bank won the...
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...

Jumia to deliver fresh farm produce within four hours in Nairobi

E-commerce platform Jumia has partnered with various fresh produce suppliers in Nairobi to launch an online grocery store on its website. Dubbed ‘Jumia Fresh’...

Ecobank Wins Best Digital Strategy Award

Ecobank has been awarded the Best Digital Strategy Award at the Retail Banker International’s prestigious awards ceremony held at the Waldorf Hilton Hotel in...

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...

Safaricom hits Ksh.55.3 billion in full-year profit as Collymore announces comeback

Safaricom net profit for the year ended March 2018 grew to Ksh.55.3 billion. This is according to the company’s financial year results released today...

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...
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...

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...

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...

CMA Grants HFC License to provide custodial services

HFC, the banking subsidiary of HF Group, has received approval by the Capital Markets Authority (CMA) and Central Bank of Kenya (CBK) to provide...

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...

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...

SBM bank acquires 75% Chase Bank deposits and assets

SBM bank Kenya has officially acquired 75 percent of Chase Bank assets and deposits. This is after the Central Bank of Kenya and Kenya...

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...

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...

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...

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...

Mortgage lender HF Group records records a 77% profit decline, seeks growth through leveraging...

Mortgage lender HF Group has today announced pretax profit of Shs 311 million for the year ending December 31st 2017 down from Shs 1.3...

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...

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...

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...

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...

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...

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...

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24Bit Podcast Episode 19: Value vs Brand Name

What's in a name? Well, turns out, a lot. Quite a lot. Question, would you compromise on features of a product you want to buy...

EDITOR'S PICK

Shopify Joins Facebook-led Libra Association, Months After High Profile Members Exit

Facebook Libra has received the first new member, ever since the exit trend kicked off in the wake of regulatory scrutiny from the US. Shopify...

Here’s why you should offer health insurance to your employees

Today, the cost of healthcare in Kenya has risen drastically, thanks to the evergrowing demand for medical services. Having health insurance is therefore very...