Business
Safaricom is mulling lowering rates on its mobile lending platforms
November 5, 2019
Safaricom is mulling lowering rates on its mobile lending platforms
Safaricom is considering lowering the customer charges on its M-Pesa, M-Shwari and Fuliza amid pressure from the government to curb…
IRA: The number of insurance agents down 8%
November 4, 2019
IRA: The number of insurance agents down 8%
Insurance agents in Kenya are crying foul over unfair treatment by insurance companies whom they accuse of engaging in improper…
Kenya’s population grew to 47.9 million, women outnumbered men by 500k
November 4, 2019
Kenya’s population grew to 47.9 million, women outnumbered men by 500k
The 2019 population and Census results are out and the Kenyan population has grown to 47.6 million with women marginally…
Africa’s MTN cancels $300 million stake sale in Mascom wireless Botswana
November 1, 2019
Africa’s MTN cancels $300 million stake sale in Mascom wireless Botswana
South African telecom MTN group ltd has ditched a plan to sell its 53% stake in Mascom wireless Botswana, which…
Zimbabwe government workers to stage pay protest as economy plummet
November 1, 2019
Zimbabwe government workers to stage pay protest as economy plummet
Zimbabwe’s economy has been noted to plunge this year with its citizens facing unprecedented hardship even as government workers plan…
Oil prices rise as investors put hopes on China stimulus
October 31, 2019
Oil prices rise as investors put hopes on China stimulus
Oil prices rose on Thursday as investors banked on more economic stimulus by China after weak PMI data, partly recovering…
China’s state telecoms to launch 5G services on Friday
October 31, 2019
China’s state telecoms to launch 5G services on Friday
China’s three state telecoms on Thursday announced the roll-out of 5g mobile phone services, marking a key step in Beijing’s…
Ebola survivors’ immunity theory causes impasse among medics in Congo
October 31, 2019
Ebola survivors’ immunity theory causes impasse among medics in Congo
Medical experts from the World Health Organisation (WHO) say it could take years before the immunity of Ebola survivors could…
Expect lower returns on investments; CBK tells bank owners
October 30, 2019
Expect lower returns on investments; CBK tells bank owners
Repealing of interest rate cap in the country has culminated into a warning by Central Bank of Kenya (CBK) on…
MPs side with President Kenyatta to repeal rate cap
October 30, 2019
MPs side with President Kenyatta to repeal rate cap
It will be another era for expensive loans in Kenya following National Assembly Finance and National Planning Committee’s decision to…