It may be cold season in Kenya but it is Summer in cities like Dubai, making it a perfect time to travel. Another reason to visit Dubai this season apart from the weather- it is off peak season meaning hotels and attractions are really…
The government of Kenya Thursday announced plans to double its shareholding in pan-African infrastructure investment platform Africa50 to US$100 million.
Speaking during his keynote address at Africa50’s Third General Shareholders…
British American Tobacco (BAT) Friday announced after tax profit growth of of Kes2Billion,a rise of 3.4 percent for the first half of 2018. The firm's gross revenue rose by 1.9% to Kes17.5 billion, driven by growth in export volumes and…
Safaricom is in “advanced talks” with the Ethiopian government to introduce its popular M-Pesa mobile money service to neighbouring Ethiopia, a market of 100 million people, two sources said on Tuesday.
Britain’s Vodafone,…
Short for 'Universal Money', the new brand "Unimoni" reflects the company's aspirations to strengthen its global presence and provide a broader spectrum of innovative financial services to its customers. Following the announcement, Unimoni…
The Board of Directors of the African Development Bank has approved US$50 million framework financing for small-scale renewable energy projects in Zambia, which will help diversify Zambia's energy generation heavily reliant on…
Al-Futtaim Automotive has expressed optimism in the dealers’ market presence in the region, citing a renewed five-year dealership with Ford motors in Kenya and Uganda.
The motor dealer also recently signed a deal with Renault trucks, to…
Mobile technology firm Myriad Connect has launched out of band authentication and SIM swap detection service to combat fraud in mobile financial services in the local market.
The launch comes in the wake of recent research which revealed…
Tanzania will shut down loss-making State-owned enterprises (SOEs) and retain only those that post profit annually, the country's Minister for Finance and Planning Philip Mpango said on Tuesday.
Speaking at the official opening…
