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Safaricom Partners with Posta Kenya to Bring Digital P. O. Boxes tied to your...

Safaricom has today announced a partnership with Posta Kenya in a move to roll out digital post office boxes through a new product dubbed...
Upesi Money transfer Diaspora Remittance

Four ways fintech is changing international money transfer space

According to recent data from the Central Bank of Kenya (CBK), diaspora inflows in the country rose to Ksh30.4 billion ($295.3 million) in June...

Why eCommerce companies in Kenya should adopt online payments solutions

Research firm eMarketer estimate that global eCommerce will rise by 20.7% in 2019 to $3.535 trillion. The firm notes that Africa will experience identical...

Some US Companies Are Being Licensed To Resume Trading With Huawei

Recently, the US Commerce Department gave Huawei another 90-day temporary license to continue supporting its telco customers in rural America. The latest reports indicate that...
SWVL security breach

SWVL issues an update on its operation in Kenya

SWVL, the bus hailing app, has been operational in Kenya since early 2019. The company had to halt its operation in the country thanks...

Safaricom Introduces New Internet Plans For Businesses

Apart from the popularly known home fiber plans, which are considerably cheaper, Safaricom also offers internet solutions for businesses. These plans in their nature...
Huawei Logo

Huawei Granted Another 90-Day Reprieve From The US Ban

For the third time, the US Commerce Department has granted Huawei a 90-day reprieve from the ban. The company received another temporary license effective...

Choose, Relax and Drive away with your dream car with Ngao Credit’s Motisha campaign

Owning a car has always been everyone’s dream and was probably one of your 2019 resolutions when the year started. The year is not...
Upesi Money transfer Diaspora Remittance

Consumer benefits of using fintech for diaspora remittance

For most Kenyans living abroad, sending money back home can at times be a costly and a complicated ordeal. Traditionally, most of these Kenyans...

Payments technologies are disrupting the finance industry

Advancements in payments technologies have disrupted the finance industry in a very huge way. Payments transactions have completely evolved from simple cash payments to...
Equity Bank

Equity Bank’s diaspora remittance volumes hit Sh100 billion in just nine months

Equity Bank's diaspora remittance volumes hit Sh100 billion in the nine months to September. This helped boost the lender's forex trading income to Sh....

Standard Chartered Bank lends KShs 6.3bn to SME in 9 months

Standard Chartered Bank says injected KShs 6.3 billion in direct and indirect lending to Micro, Small and Medium enterprises (SME) in 9 months to...

Jumia Black Friday Goes Live, Over 100,000 customers log in

The 2019 Jumia Black Friday finally kicked off last night Thursday, November 9th. Jumia Black Friday went live at exactly 11:59 and is expected...
Huawei conference in China

Huawei Has Sold 37 Million Units of The P30 And Mate 20 Devices

There is a reason why Huawei has been so much vocal about its business performance. Whatever it is, it must be in line with...
An Airtel shop in Nairobi. Airtel Kenya now has a Data Management feature. Photo/Business Daily

Airtel Kenya now has a Data Management feature

Years after Safaricom launched a data manager; Airtel has also done it in their most convenient way possible. The company yesterday rolled out a...
truecaller executives

Truecaller is launching its Developer Program in Kenya

Truecaller is launching its developer program in Kenya which will enable 3rd party app developers, digital businesses, and startups in Kenya to utilize Truecaller’s...
fitbit watch

Google Acquires Wearables Company Fitbit for $2.1 Billion

After some rumors that Google was in talks with Fitbit for a possible purchase, both companies have come clear yesterday disclosing the matter. Google...
smartphones

Global Smartphones Shipments increased in Q3, first time in two years

After two years of a continuous slump in sales, the smartphone industry has finally ticked up a little bit. According to the research firm, Canalysis,...

Forget the Critics; Facebook Keeps Growing

Despite all the criticism thrown at Facebook, the company keeps going bigger, making ends meet in terms of revenue. The company's latest quarterly earnings...

Samsung records profit in its Mobile Business, thanks to strong Galaxy Note 10 sales

Samsung Electronics announced its quarterly results today, showing growth in revenue quarter-over-quarter. The company recorded a 56% decline in operating profits year-on-year, however, due...

Huawei Ships more phones daily than Sony in an Entire Quarter

Yeah, you read it right; Huawei ships more phones on an average day than Sony sold in an entire quarter. That is how big...

Equitel rolls out a new Riziki Cover bundle with talk time and insurance cover

Still using Equitel? Well, there is a new deal that will make you run for that SIM card if you don't use it already....

Jumia partners with Posta Kenya to expand its pickup stations countrywide

Jumia Kenya has entered into a new partnership with Postal Corporation of Kenya to expand its pickup up stations across the country ahead of...

New Changes Available on Safaricom | Data Bundles with no Expiry, Free Sim Cards...

Kenya’s biggest Telco Safaricom, in celebration of its 19th birthday, made a few changes to its operations. See, I’ll go straight on this. Data bundles...
Huawei P30 Lite Review

Huawei Hits the 200 Million mark on Smartphone Shipments in 2019

Beginning May, Huawei has not had a good time as a result of the US ban. But that has not stopped the company from...

Huawei in talks with US telco Companies to license its 5G Business

A recent EXCLUSIVE story says Huawei is in early negotiations with US firms to license its 5G business to them. This is according to the...

TECNO Mobile shares its African achievements at the China-Africa Mobile Internet Economy Summit in...

In recent years, Africa's mobile network infrastructure has been rapidly improved, and smartphones have been further popularized. The number of mobile Internet users in...
huawei

Huawei Q3’ 19 Results Show The Company is Still Doing Well Despite US Ban

Huawei has been under the limelight since the US ban back in May. Although the US eased up the ban, that only allowed the...

Netflix Subscriber Count Hits 158 Million, As Stranger Things 3 Hits New View Record

US streaming giant Netflix recently released its Q3 2019 earnings report, which shows an increase in revenue. The subscriber count grew, as well, but...

[Update: Issue Resolved] Airtel Kenya is experiencing service outages

Airtel Kenya has been experiencing network outages since morning. The telco has come publicly at noon today through its different social media platforms confirming...

Passenger and cargo carrier Air Afrik to lay off 200 employees in Kenya and...

Passenger and cargo carrier Air Afrik is set to lay off at least 200 employees in Kenya and South Sudan by November 2019.  The carrier...

DTB, Mastercard and DPO Group extend digital payments in Kenya and Tanzania

Diamond Trust Bank (DTB) has joined African payment services provider DPO Group, and Mastercard in the rollout of a business to business (B2B) virtual...

Creditinfo is giving free credit reports to its customers in Kenya and Tanzania

Today only, credit information and fintech services provider Creditinfo has announced an offer on credit reports for its customers in Kenya and Tanzania. As you...

Safaricom Has Rebranded M-PESA To Support Eliud Kipchoge’s Challenge

Safaricom has rebranded its M-PESA logo in honor of Eliud Kipchoge in his challenge to become the first-ever athlete to run a full marathon...

Cellulant Unveils Tingg, Africa’s first Payments Super app in 8 Countries

Cellulant, a company touted as Africa’s leading financial technology company, has today announced the launch of Tingg. Tingg is an all-in-one, multi-functional consumer super...

M-PESA has been listed among the Top 10 Most Influential Finance Projects Of Last...

M-PESA has been recognised as one of the Top 10 Most Influential Finance Projects of the last 50 years. The Safaricom owned mobile money...

Jumia Food now has a subscription service

Jumia Food now has a subscription service. Known as Jumia Prime, the service will allow customers to pay a standard one, three or six...

Samsung is shutting down its mobile phone factory in China

China being the world’s largest smartphone market, explains why many smartphone companies are camping there with mobile production plants. However, that does not mean...

Direct Bill Payments and its consumer benefits

Direct Bill Payments is a form of electronic bill payment that allows consumers to pay their bills for services or products over the internet...

Consider these key points before integrating a payment gateway into your website

More people are now shopping online and if you sell online, you have to make a smart move to provide a seamless checkout process...

Emergency loans and their benefits – Ngao Credit Limited

Emergency loans refer to short term loans meant to satisfy peoples' urgent financial needs. This means the borrower must pay off the debt within...

TAI+ has launched an app to directly link Kenya truckers and cargo shippers

Estonian based technology company TAI+ has launched a mobile App that enables truckers to connect cargo shippers directly in real-time in Kenya. The App will...
Safaricom Neon smartphone

Safaricom has sold over 0.6 million Neon Devices in 2019

Safaricom’s Neon smartphones have been on the lower end of the smartphone market in Kenya, owing to their puny pricing models. This has given...

Making Your Home Smart

The world is changing in terms of technology. They say home is where your heart belongs. Home is where you get the little joys...

Growth in Fintech drives growth in cyberattacks, Kaspersky

Africa’s Fintech sector is booming! According to reports, Africa’s Fintech ecosystem has surged 60% in the last two years and the continent’s Fintech firms have...

LG opens its first premium electronic shop in Mombasa

LG Electronics has opened its first premium brand shop in Mombasa County to push its top-tier products. The new shop is located on the...
A flying drone

Drone Attacks Slice Saudi Arabia’s Oil Production Plant Outputs by Half

Along the weekend, Saudi Arabia has been seen as a production cut on its oil production volume country-wide. According to the Financial Times, the...

Nokia to strengthen its online presence through a new partnership with Jumia Kenya

HMD Global, the home of Nokia phones has entered into a new partnership with Jumia Kenya as the official distributor of all Nokia products...

Huawei CEO Interested in Selling their 5G Technology to a “Western buyer”

Amidst the on-going US trade ban and the US-China trade wars, Huawei CEO has revealed plans of selling their 5G Technology. Ren Zhengfei stated...

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...

Africa Logistics Properties forum addresses supply chain challenges in East Africa

Key stakeholders in the logistics industry gathered in Nairobi for a Supply Chain Network Forum to address the challenges facing the sector. The breakfast...
Ngao Credit: How SMEs can benefit from Our Jijenge loan product

#Business: Here’s how you can take advantage of Ngao Credit’s 20 months loan repayment...

If you have ever been in need of cash to take care of your business or an item you’re importing, chances are that you...

More local SMEs need to start selling online, says Jumia Kenya MD Sam Chappatte

Kenya has for a long time been ranked among the African countries that are dominating the e-commerce sales. E-commerce has helped jump-start SMEs and...

Safaricom Wants Telkom and Airtel to Pay Ksh 1.3 Billion Debt Before Merger

Telkom Kenya Chief Executive Mugo Kibati on Tuesday said Safaricom was interfering with the  Airtel-Telkom merge. Speaking at a news conference, Mugo Kibati said...

Boost your business profits with SwitchLink Africa’s Seamless Payment Processing service

If you run a business, it’s time to integrate payment processing with your accounting and ERP software.  The payments processing industry in Kenya has...

What to consider before choosing international money transfer services

Financial technology (Fintech) companies have made it so easy for people to send money to Kenya. Currently, there so many remittance options for sending...
SWVL security breach

Shuttle-hailing firm SWVL set for KES 1.5b cash injection into Kenyan market

Cairo-based shuttle-hailing firm SWVL has announced plans to pump $15 million (KES 1.5 billion) into its Kenyan operations. With this financial injection, SWVL not...

Sendy has opened up its platform to include freight services

Kenya’s logistics platform Sendy has opened up its platform to include freight services from the inland container depot and long-haul logistics services. Sendy has been...

Smartphone Sales Dipped Again in Q2 2019, Gartner Report

The latest report from Gartner an analytics firm reveal smartphone sales are still on a slump. The firm stated a total of 368 million...

Chinese Smartphone Maker X-TIGI Found Guilty of Evading to Pay $1.94 Million Tax in...

Chinese smartphone maker X-TIGI Mobile has been found guilty by Kenya’s taxman for evading to pay tax for an eight-month period. Mr. Gao Fei,...

Bolt launches food delivery services Bolt Food

Bolt, the ride-hailing service formerly known as Taxify is venturing into food delivery service, Bolt Food. The Estonia-headquartered company has already introduced the service in...
Huawei Logo

Huawei Expects a $10 Billion Loss As a Result of The US Ban

Huawei, the world’s second-largest smartphone maker, has again provided estimates of the impact of the on-going trade ban. But this time, the estimates are...

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...

Direct-to-Bank deposits and how to it works

When sending or receiving money internationally, whether you’re an employer, employed or somewhere in-between you have several options. You can use cash, cheques, or...

SwitchLink Africa: Providing Financial Inclusion For All

Financial inclusion has been on the rise in Africa over the past few years largely due to the innovation of digital financial services. In...

Discover and Verve Launch Verve Global Card

Verve, a payments technology and card business in Africa, and Discover Global Network, the payments brand of Discover, have launched the Verve Global Card. Cardholders...
Ngao credit import financing Kenya

Import Financing and how it can benefit your business – Ngao Credit

If you have ever imported something - container or maybe a vehicle you have probably experienced some of the common challenges any trader would...

Huawei Engineers Helped African Governments Spy on Political Rivals, Report

With months of scrutinizing Huawei 's telco equipment, it seems the U.S. may have yet another proof that can be used to confirm its...

The rise of Sub-Saharan Africa as a fintech hub

Sub-Saharan Africa is one of the fastest-growing investment zones for fintech companies according to new research. The GSM Association says in its Mobile Economy,...

Everything you need to know about Ngao Credit’s Jijenge Loan Product

In some cases, getting a personal loan in Kenya is desirable. You may want to start a small business, borrow for trip or have...

Understanding Mobile Wallets in Africa

The demand for mobile wallets is really high these days, especially in Africa. A mobile wallet (also called digital wallet) stores payment information on...

[Column] Fintechs are disrupting the local traditional remittance market

Data from the Central Bank of Kenya (CBK) shows that diaspora inflows in the country rose to Ksh30.4 billion ($295.3 million) in June compared...

Time for every business to adopt integrated payments

If you run a business, every time you accept payments from your customers, their’s a cost. The costs are especially more obvious when dealing...

How to choose the right insurance company that suits your needs

If you’re an individual or a company looking for ways to insure your property, or even health, choosing an insurance company to take care...

Safaricom Revamps Storo Bonus with Free YouTube Bundles

Safaricom Kenya has unveiled a new plan adding free 200MB YouTube Bundles on top of the 200% Airtime bonus. This is all under the Stori...

Safaricom Home Fibre Now Available at a 50% Discount for New Customers

Safaricom has unveiled plans to capture more Home fibre subscribers by offering a 50% discount for new customers. The offer runs starting this month...

Three fintech startups admitted to Kenya’s Regulatory Sandbox

Three Kenyan fintech startups have been admitted to the Kenyan Capital Markets Regulatory Sandbox. The startups are Pezesha Africa, a micro-lending marketplace and Innova...

DPO Group acquires South Africa’s payment processor PayFast

African Payment Service Provider (PSP) DPO Group has announced its acquisition of South Africa's payment processor PayFast. The deal by the Nairobi headquartered DPO...

Government wants multinationals with local operations to produce their ads locally

The government wants multinationals firms with local operations to produce their adverts locally or pay a premium or tax to air them on the...
Jumia Kenya

Jumia Has it All Sale – Thousands of electronic products to be discounted

Jumia is for no doubt, the largest e-commerce business in Kenya. Jumia, as a platform, has even been the primary pioneer of e-commerce business...

Safaricom says its mobile agriculture platform DigiFarm will outgrow M-PESA five years

Safaricom believes that mobile agriculture platform DigiFarm will outgrow M-PESA in the next five years. Speaking at the Afro-Asian Fintech Festival at the Kenya...

Safaricom’s Masoko Plans Expansion into more Sub-Saharan Countries in 2020

Masoko online retailer by Kenya’s largest telco Safaricom has revealed their expansion plans into more sub- Saharan countries in 2020. The growth has been...

Leadway Insurance – Your Go-To Insurance Broker company

Kenya has a number of insurance companies ranging from industry giants with thousands of policies in force to small companies that sell only a...

We want to be a world-class leader in Microfinance lending in East and Central...

According to the World Bank, less than a quarter of adults in Sub-Saharan Africa have access to formal financial services. What this basically means...

Upesi Money Transfer: International Money Transfer Made Easy

Fintech or financial technology seems to be in the news all the time these days. Some of the amazing ideas coming out of this...

SwitchLink Africa – Leveraging technology to drive efficient remittance

Latest data from the Central Bank of Kenya (CBK) indicates that Kenyans living and working abroad sent home Sh67.16 billion in the first three...

Seaways digital strategy bears fruit as it calls for policy changes in the automotive...

Recently feted car portal, Garimoto has seen a 30 per cent revenue growth for Seaways Kenya Limited since its deployment four years ago. This is...

Xiaomi’s Ecosystem Has Over 500million Users Worldwide

Xiaomi’s CFO in an interview earlier today stated the company has now over 500million users worldwide. The company has also recorded an increase in its...
Michael Joseph appointed Safaricom Chairman

Michael Joseph Named Safaricom Interim CEO

Michael Joseph has been appointed interim Chief Executive Officer of Safaricom following Bob Collymore’s death yesterday. A statement issued by Kathryne Maundu, Safaricom’s Company Secretary...

No, Huawei is not safe from the US ban there’s a catch

Over the weekend US President Donald Trump had a meeting at the G-20 Summit with Chinese President Xi. The meeting bore some fruits to...

Safaricom CEO Bob Collymore Passes On

Safaricom C.E.O Bob Collymore has passed on. Bob passed on at his home this morning according to a statement from the telecommunications giant. The statement...
huawei

Huawei can now resume business with US-based tech companies- Trump

After weeks of struggling and tussling with the United States government over the trade ban, the Chinese tech behemoth Huawei can now continue business...
Huawei

Huawei stole trade secrets from a US chip production firm – Texas Court rules

Amidst of the tussle between Huawei and the US government, Huawei had sued CNEX Lab Inc., a semi-conductor production company in which Huawei claimed...
Huawei

US tech companies discover ways to resume business with Huawei despite the trade ban

The US ban on Huawei and 68 of its affiliate companies have been going on for over a month now. The US sanctions point...

Safaricom VoLTE goes live countrywide

Safaricom has today launched Voice over LTE (VoLTE) and Video over LTE (ViLTE) technology across the country aimed at meeting the rising demand for...

FedEx sues US government on Huawei trade ban

Last week, PcMag claimed that their Huawei phone delivery to the US was rejected due to the on-going US government trade ban on the...

How LG TwinWash supports Kenya’s vision of smart city solutions

LG TwinWash has gained popularity in the Smart Homes industry. LG TwinWash another piece of an intelligent appliance from LG, which was launched in...

Safaricom ups the game against fraud

Safaricom has today unveiled its new plans for tackling fraud activities on its platforms. Kenya’s largest telco reported that through the implementation of their...
Google Maps

Google Continues its Fight Against Fake Business Profiles on Maps

Google Maps has over 200million business profiles to date, which helps many connect people to businesses every day. Google Maps is massive with Google...
Huawei P30 Lite Review

FedEx Won’t Ship Huawei Phones from the UK to the US

Huawei as a topic has been yesterday, today and likely will still be tomorrow's news. All problems can be cited to the company's trade...

West African Tech Giant Vatebra Limited Unveils Innovative Software Solutions for the Kenyan &...

West African software and technology firm Vatebra Limited recently unveiled its presence and by extension her software solutions offerings to the East African market....

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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...

EDITOR'S PICK

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...