By Maggie Fick and Duncan Miriri NAIROBI (Reuters) – When Prime Minister Abiy Ahmed took office in 2018, Ethiopia was one of the world’s fastest growing economies. His pledges to open up one of Africa’s last untapped markets thrilled investors. But a year of war between the government and rebellious forces from the northern Tigray […]
Kenyans involved in betting have cut their weekly spending by 63.3 per cent on the back of taxation and increased campaigns against gambling. A joint survey released Wednesday by Central Bank of Kenya, Financial Sector Deepening (FSD) Kenya and Kenya National Bureau of Statistics showed a punter is now spending Sh939 on average, compared to […]
By Maggie Fick and Duncan Miriri NAIROBI (Reuters) – When Prime Minister Abiy Ahmed took office in 2018, Ethiopia was one of the world’s fastest growing economies. His pledges to open up one of Africa’s last untapped markets thrilled investors. But a year of war between the government and rebellious forces from the northern Tigray […]
Safaricom Baze Music Launch Kenya 1 Safaricom is expanding its Baze platform to now include music streaming. The company explains the new venture as a mobile-first, ad-free, music steaming experience for as little as KES 10 a day. I’ve already written about Baze here so if you want to understand what that platform is, read […]
A digital mobile overdraft facility christened Fuliza , by Kenya’s biggest telco Safaricom Plc, is giving the country’s popular loan apps a run for their money barely three years after its launch. Fuliza allows Safaricom customers to access unsecured credit by overdrawing on M-Pesa – the telecommunication’s mobile money wallet that allows its users to […]
Safaricom Trade Marketing Manager Nairobi East, Michael Akal, Margaret Njoroge, Winner Isuzu Dmax and Isuzu East Africa, Sales Manager Corporate Aid and Development, Rose Mombo, during the Lipa Na Mpesa Winners Promotion held in Machakos County. Safaricom has today rewarded 72 M-PESA business owners with pick-ups and tuk-tuks as part of the ongoing Biashara Ni […]
When optimism is high, the economy grows faster. [Courtesy] Elections, world over, are fought and won on key emotions – hope or fear. Narc’s 2002 campaign “yote yawezekana” produced the most hopeful nation on earth in 2003, according to a Gallup poll. Our favourite campaign tune was “unbwogable” Gidi Gidi Maji Maji duo, because it […]
Kenyan startup Wowzi has secured new funding to expand the reach of its platform, which turns social media users into brand influencers, to West and Southern Africa — as it taps the increasing usage of social sites across the continent driven by the proliferation of smartphones and a deepening internet penetration . Wowzi, which connects […]
Nairobi — Safaricom has partnered with Google and Transsion, the company behind TECNO, Infinix, and itel, to enable Kenyans to access more 4G devices under the Lipa Mdogo Mdogo financing plan. Through the partnership, Safaricom customers can access the internet and the world of possibilities via an array of smartphones that they can pay for […]
Half of the mobile phone users have lost their money through fraud and erroneously sending it to the wrong recipients over the past year. The FinAccess survey found that 47.4 per cent of Kenyans using mobile money have reportedly lost funds a sharp increase from 8.4 per cent two years ago. Seven out of 10 […]
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