Kenya

County uses tech to feed vulnerable families

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…...

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Sisal earnings jump 27pc in first quarter

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 …...

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US telecoms firm earns Sh2.8bn from leasing masts to Airtel, Telkom Kenya

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 …...

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Huawei posts 5.6 percent rise in 2019 profit, smallest increase in 3 years

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…...

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How adoption of technology can give much-needed boost to insurance

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…...

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Why cyber security threats will rise with remote work

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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Kenya-based investor sees opportunity in Covid-19 crisis

Kenya-based investor sees opportunity in Covid-19 crisis

EquaLife Capital, a venture debt investor based in Nairobi, has launched its $20 million Africa Venture Debt Covid-19 Relief Fund and iscurrently seeking investors to commit capital…...

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SMEs can survive Covid-19 crisis with these steps

SMEs can survive Covid-19 crisis with these steps

Small and medium businesses enterprises (SMEs) are suffering loss of revenue and trying to weather the Covid-19 pandemic. This is a huge financial blow that will be worse than 2007/…...

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Mobile Money Transactions Drop To Sh685bn In Second Quarter Of 2019/2020 Financial Year – CA

Mobile Money Transactions Drop To Sh685bn In Second Quarter Of 2019/2020 Financial Year – CA

Kenyans continued to reduce movement of their cash through different mobile money platforms to hit Sh684.5 billion for the period between October to December 2019. Competition Autho…...

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WorldRemit caps fees on mobile money

WorldRemit caps fees on mobile money

London-based money remittance firm WorldRemit has capped transaction fee on its mobile money services across its markets including Kenya irrespective of the amount a customer is sen…...

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