Nairobi — The National Social Security Fund (NSSF) members can now access pension services through the NSSF Mini App on the M-Pesa Super App. Following a NEW partnership with Safaricom, customers can register for NSSF membership, keep track of their contributions, top-up and manage their NSSF account, and make Tenant Purchase Scheme (TPS) payments through […]
Same-day trading of shares accounted for only 3.4 percent of total deals at the Nairobi bourse, reflecting investors’ apathy towards buying and selling securities multiple times in a single day Data from the Capital Markets Authority (CMA) indicate that shares worth Sh784 million were traded through day trading between its launch date in November 22 […]
Data from operator Safaricom reveals that millions of Kenyans are using its overdraft facility, Fuliza. Introduced back in 2019, the facility has grown substantially and is now part and parcel of the carrier’s leading moneymakers. Fuliza is owned by the operator alongside NCBA and KCB, and part of its success can be traced to the […]
Photographer: Eric Lafforgue/Art in All of Us/Corbis News/Getty Images Ethiopia Telecommunications Corp. failed to hit its first-half revenue target due to outages and disruptions caused by the war in the north of the Horn of Africa country. State-owned Ethio Telecom raked in 28 billion birr ($561 million) in the six months through Jan. 7, Chief […]
Customers register their MTN mobile phone sim cards at a roadside kiosk in Lagos, Nigeria. (Photo: George Osodi / Bloomberg via Getty Images) Four years ago, Nigeria’s telecommunications market was like an albatross around MTN’s neck as the company had several costly run-ins with the country’s regulators. MTN was slapped with an initial fine of […]
Safaricom has appealed the decision by the Communications Authority of Kenya (CA) to slash mobile termination rates (MTR) by 87 per cent. You will soon know if your mobile phone bill will come down as a legal challenge over the proposal by the state to cut calling rates kicks off. The Communications and Multimedia Appeals […]
While others may have seen the opportunity, and choose not to pursue it, Poa Internet acted on what others failed to notice, walking to the beat of a different drummer. Staring in 2015 in the UK, Poa Internet began its Kenyan operations in 2016 with a focus on the vibrant, once informal settlement of Kibera. […]
Credit: REUTERS/TIKSA NEGERI ADDIS ABABA, Jan 31 (Reuters) – Ethiopia’s state-owned telecoms operator Ethio Telecom fell 13.6% short of its first-half revenue target, with parts of its network hobbled by military conflict in the north of the country, its chief executive said on Monday. Prime Minister Abiy Ahmed sent troops into the northern Tigray region […]
The Communications Authority of Kenya (CA) says the recent cut in mobile termination rates will give smaller telecoms operators a better chance at competing with market leader Safaricom, even as it hinted at a further drop in call tariffs. The sector regulator says in its response to a petition filed by Safaricom before the Communications […]
NAIROBI, Kenya, Jan 24 -AstraZeneca pharmaceutical company has been named a top employer in Kenya under the pharmaceuticals category by the Top Employers institute alongside Novartis, a world leader in the research and development of products. The firm which is certified in fourteen countries is a British-Swedish multinational pharmaceutical and biotechnology company whose prominence rose […]
The value of investments can go down in value as well as up, so you could get back less than you invest. Past performance does not necessarily indicate a financial product’s future performance. This website aims to provide information to help you make your own informed decisions. Our publications, ratings and analysis should be viewed as an additional investment resource, not as your sole source of information. This website does not provide personal advice based on your circumstances. To obtain advice tailored to your situation, please contact a professional financial adviser.