Business

Africa’s Mobile Internet Market Sees Growth as MTN Dominates Market

Africa’s Mobile Internet Market Sees Growth as MTN Dominates Market

With mobile internet penetration at 27% and demand surging, Africa’s telecom sector remains fiercely competitive. The top five operators—MTN, Orange,…
Dangote Cuts Petrol Price for Nigerians in New Rates

Dangote Cuts Petrol Price for Nigerians in New Rates

Dangote Refinery, owned by Aliko Dangote, has again lowered the ex-depot price of petrol in Nigeria, this time by 6.3%…
How Kenya’s Treasury Bills, Bonds Market Performed in January 2025

How Kenya’s Treasury Bills, Bonds Market Performed in January 2025

Kenya’s fixed-income market witnessed mixed performance in January 2025, with T-bills remaining oversubscribed while bond uptake slowed compared to December…
Old Mutual Motor Private Insurance Customers Set for Instant Emergency Response

Old Mutual Motor Private Insurance Customers Set for Instant Emergency Response

Old Mutual has today announced the launch of its innovative OM Rescue Plus Service, which provides value-added emergency response services in collaboration…
African Union Faults Moody’s Over Kenya’s Credit Rating Revision

African Union Faults Moody’s Over Kenya’s Credit Rating Revision

The African Union’s African Peer Review Mechanism (APRM) has criticized Moody’s Investor Service for its latest revision of Kenya’s credit…
Moody’s Gives Reasons for Updating Kenya’s Credit Outlook to Positive

Moody’s Gives Reasons for Updating Kenya’s Credit Outlook to Positive

  Moody’s Ratings has upgraded Kenya’s credit outlook from negative to positive, reflecting improvements in the country’s economic resilience and…
Starlink Surpasses Liquid Telecom to Become Kenya’s 8th-Largest Internet Provider

Starlink Surpasses Liquid Telecom to Become Kenya’s 8th-Largest Internet Provider

Starlink has emerged as Kenya’s eighth-largest internet service provider, surpassing long-established players like Liquid Telecommunications. The Elon Musk-led company has…
Directline Assurance Battles Media Mogul Samuel Macharia Over Cautionary Ads

Directline Assurance Battles Media Mogul Samuel Macharia Over Cautionary Ads

Directline Assurance Company Limited has taken legal action to prevent Kenyan media tycoon Samuel Macharia from broadcasting cautionary advertisements that…
Pain for Motorists as EPRA Adjusts Fuel Prices for January-February 2025

Pain for Motorists as EPRA Adjusts Fuel Prices for January-February 2025

The Energy and Petroleum Regulatory Authority (EPRA) has adjusted fuel prices in its latest review, marking an increase for the…
SportPesa Founder Karauri Ventures into Matatu Insurance

SportPesa Founder Karauri Ventures into Matatu Insurance

Ronald Karauri, a co-founder and prominent shareholder of the betting firm SportPesa, has ventured into the general insurance sector. Karauri…
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