Kenya launches US$13.9m coffee revitalization project in partnership with the World Bank
KENYA – The Kenyan governmentin partnership with the World Bank has launched phase one of coffee revitalization project to a tune of Ksh 1.5 billion (US$13.9m) concessional loan in…...
Read More Free cash transfers to cost Safaricom Sh5.5bn
Safaricom will take a Sh5.5 billion hit on its M-Pesa revenue in the three months from mid-March after it waived transaction fees on mobile money transfers under Sh1,000. The waiver…...
Read More County uses tech to feed vulnerable families
The county government has turned to technology in distribution of foodstuffs and other donations to vulnerable families impacted by coronavirus restrictions. Instead of delivering t…...
Read More Sisal earnings jump 27pc in first quarter
Earnings from sisal grew 27 percent in the first quarter of the year compared with corresponding period of 2019 even as the regulator projects a decline in the next review owing to …...
Read More US telecoms firm earns Sh2.8bn from leasing masts to Airtel, Telkom Kenya
The American Tower Corporation (ATC) earned Sh2.8 billion ($27.3 million) last year for leasing telecommunications infrastructure to firms such as Airtel Kenya. Its revenues jumped …...
Read More Africa turns to mobile payments as a tool to curb COVID-19
Africa is using digital finance as a means to stem the spread of COVID-19.Governmentsand startups on the continent are implementing measures to shift a greater volume of payment tra…...
Read More Huawei posts 5.6 percent rise in 2019 profit, smallest increase in 3 years
China’s Huawei Technologies reported its smallest annual profit increase in three years, hurt by weak overseas sales amid an intensifying US campaign to restrict its global expansi…...
Read More Tech drives 4IR awareness in Africa AgricultureBanking & FinanceCloudGovernmentHealthcareNetworkingR
African countries are increasingly looking for innovative ways toharness the benefits of technology in their daily operations. Ian Jansen van Rensburg, Senior Systems Engineer at VM…...
Read More How adoption of technology can give much-needed boost to insurance
The market’s current mood of uncertainty and powerful, disruptive, global forces of change could inspire a wide range of responses, from reticence to optimism.That is why the futur…...
Read More Why cyber security threats will rise with remote work
Working from home, social distancing and self-isolation are some of the new buzz phrases that have arisen with the advent of the Coronavirus disease pandemic.One of the earliest ste…...
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