FeaturedFinanceCMA warns investors in Kenya to avoid investing through unlicenced firmsInternational Finance Business DeskApril 23, 2020 by International Finance Business DeskApril 23, 2020 Cytonn Asset Management is the only licenced firm to function as a fund manager and a Real Estate Investment Trust (REIT) manager... Read more
FeaturedTelecomTelkom sees 50% increase in customer data consumptionInternational Finance Business DeskApril 20, 2020 by International Finance Business DeskApril 20, 2020 Telkom's increase in data consumption is more prominent in residential areas... Read more
FeaturedUtilitiesNyandarua County reconnects water supply for residentsInternational Finance Business DeskApril 10, 2020 by International Finance Business DeskApril 10, 2020 More than 15,000 Nyandarua residents were benefitted after the government cleared Sh1.5 mn water bills... Read more
FeaturedPorts and ShippingMombasa port sees steady operations despite Covid-19 pandemicInternational Finance Business DeskApril 10, 2020 by International Finance Business DeskApril 10, 2020 The port has recorded 5.9 mn metric tonnes higher than the 5.7 mn metric tonnes target set for the period between January and February... Read more
FeaturedHealthcareKenya’s Ilara Health launches readiness package to tackle coronavirusInternational Finance Business DeskApril 10, 2020April 10, 2020 by International Finance Business DeskApril 10, 2020April 10, 2020 The package includes a Covid-19 health assessment tool and clinical decision support software... Read more
FeaturedTelecomSafaricom, Vodacom complete M-Pesa acquisitionInternational Finance Business DeskApril 7, 2020 by International Finance Business DeskApril 7, 2020 The telcos completed the acquisition of the M-PESA brand, along with its product development and support services from Vodafone Group... Read more
FeaturedTelecomFirst ever Kenyan CEO takes charge of SafaricomInternational Finance Business DeskApril 2, 2020April 2, 2020 by International Finance Business DeskApril 2, 2020April 2, 2020 Peter Ndwega replaces Bob Collymore, who passed away in 2019... Read more
FeaturedTechnologyKenya’s value of mobile money transfers increases 34% in Q4 2019International Finance Business DeskApril 1, 2020 by International Finance Business DeskApril 1, 2020 Safaricom’s M-Pesa has recorded market share of 98.8 percent, while Telkom’s T-cash recorded lowest of 0.07 percentage points... Read more
FeaturedFintechAfrica uses mobile money to curb the spread of the coronavirusInternational Finance Business DeskMarch 26, 2020 by International Finance Business DeskMarch 26, 2020 Safaricom removed all fees from its mobile-money platform, M-Pesa... Read more
AviationFeaturedKenya Airways to ground 90 percent of its fleet following Coronavirus threatInternational Finance Business DeskMarch 24, 2020 by International Finance Business DeskMarch 24, 2020 Kenya Airways has suspended international flights and plans to restrict operations for domestic flights following a state order... Read more