News

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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Africa turns to mobile payments as a tool to curb COVID-19

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…...

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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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Tech drives 4IR awareness in Africa AgricultureBanking & FinanceCloudGovernmentHealthcareNetworkingR

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…...

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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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Morocco’s Production Can Cover Vegetable Demand Until December 2020

Morocco’s Production Can Cover Vegetable Demand Until December 2020

Rabat – Morocco’s vegetable productioncan cover the national market’s demand until December 2020, revealed Moroccan Minister of Agriculture Aziz Akhannouch on Friday, April 10.Th…...

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New water bottling company in Ethiopia joins the burgeoning Industry

New water bottling company in Ethiopia joins the burgeoning Industry

ETHIOPIA – Kefeta Spring Water, anew water bottling company in Ethiopia has joined the competitive industry withan investment of 62 million Br (US$1.9m) and partial financing from …...

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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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