Business

MTN Uganda to market its IPO to Kenyan Investors

MTN Uganda to market its IPO to Kenyan Investors

The Capital Markets Authority (CMA) has provided its ‘no objection’ for The MTN Uganda Initial Public Offering (IPO) to be…
Conflict in Ethiopia forces Safaricom to flee staff

Conflict in Ethiopia forces Safaricom to flee staff

Months after Safaricom won the bid to start operating in Ethiopia, a conflict between Tigrayan rebels and Prime Minister Abiy…
US-based Meta company to sue Facebook over copyright claims

US-based Meta company to sue Facebook over copyright claims

US-based tech company META has alleged that  Facebook stole its name and livelihood after the social media giant company announced…
Konza Technopolis kicks off 20,000 tree planting exercise in two months

Konza Technopolis kicks off 20,000 tree planting exercise in two months

The Konza Technopolis Development Authority (KoTDA) has launched a short rains tree planting campaign that aims to plant 20,000 trees…
Getting defaulted loan accounts off CRB records bad for banks, admits CBK

Getting defaulted loan accounts off CRB records bad for banks, admits CBK

The Central Bank of Kenya (CBK) has admitted that suspending bad loan accounts from the Credit Reference Bureaus’ (CRB) records…
KQ rehires laid-off employees on higher ticket demand

KQ rehires laid-off employees on higher ticket demand

Kenya Airways (KQ) is now rehiring employees it sacked last year on the back of heightened coronavirus effects. The move…
Mdundo subscriptions up 16.4 million in Q3 of 2021

Mdundo subscriptions up 16.4 million in Q3 of 2021

The streaming music service, Mdundo recorded 16.4 Million unique users for the quarter ending September 2021. This is a 10…
Gikomba Market up in flames days after eviction notice

Gikomba Market up in flames days after eviction notice

Traders are counting losses after a new fire broke out in Gikomba Market in Nairobi two days after court allowed…
Government to tame tax cheats via social media

Government to tame tax cheats via social media

Kenya Revenue Authority (KRA) will now monitor social media accounts of Kenyans posting lavish lifestyles on the platforms, but do…
US launches climate entrepreneurship for economic development during COP26

US launches climate entrepreneurship for economic development during COP26

The United States launched the Climate Entrepreneurship for Economic Development (CEED) Initiative at the 2021 United Nations Climate Change Conference…
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