Student learns from home with laptop, textbook and smartphone. The resumption of physical learning in schools from January saw internet subscriptions decline significantly, latest data from the Communication Authority(CA) shows. According to Q3 2021 sector report, the total number of internet subscriptions dropped 1.5 per cent to 43.7 million, from 44.4 million during the second […]
The narrative about the challenges of doing business in Africa needs to be revised. Given the myriad products and services that remain unattainable, opportunities for market-creating innovation abound. BOSTON – Africa is often regarded as a risky place to do business. There are success stories, like Safaricom, Flutterwave , and Kobo360 . But investors tend […]
Companies want to make more money and more profits, thus there will be a push for revenues to go up and costs to remain stable. ILLUSTRATION | SHUTTERSTOCK Organisations have an economic and social responsibility to make healthy sustainable profits. It is only through profitability that a company will make a fair return to its […]
Safaricom CEO Peter Ndegwa. PHOTO | POOL Safaricom will second its staff to run Ethiopia operations for products and network development that will help it gain market share that is in the hands of state-owned Ethio Telecom. The telco, which alongside other partners is seeking to start operations next year, will then gradually reduce Kenyan […]
Ethiopian Prime Minister Abiy Ahmed. Shortly after taking office, Abiy promised a spectacular overhaul of the country’s tightly-controlled economy: reforms to spur growth, unshackle the country’s potential, and lift millions out of poverty. PHOTO | AFP Nairobi, Shortly after taking office, Ethiopia’s Prime Minister Abiy Ahmed promised a spectacular overhaul of the tightly-controlled economy: reforms […]
President Uhuru Kenyatta and Ethiopian Prime Minister Abiy Ahmed are pictured at Bole International Airport in Addis Ababa on June 8, 2021. PHOTO | PSCU Kenya’s President Uhuru Kenyatta has arrived in the Ethiopian capital Addis Ababa for an official visit on Tuesday that will include, among other bilateral issues, the formal award of a […]
President Uhuru Kenyatta and Ethiopian Prime Minister Abiy Ahmed are pictured at Bole International Airport in Addis Ababa on June 8, 2021. PHOTO | PSCU Kenya’s President Uhuru Kenyatta on Tuesday evening urged the Ethiopian government to consider opening up opportunities for mobile money services as part of its ongoing telecommunications liberalisation process. Mr Kenyatta […]
L’autorité éthiopienne de régulation des communications et Global Partnership for Ethiopia ont signé mercredi un accord historique d’octroi de licences de télécommunications, marquant la fin du monopole de l’Etat dans ce domaine. Global Partnership for Ethiopia, un consortium comprenant Vodafone, Vodacom, Safaricom, Sumitomo Corporation et le groupe CDC, a remporté l’appel d’offres de 850 millions […]
Nairobi Securities Exchange CEO Geoffrey Odundo. PHOTO | NMG BAT Kenya , East Africa Breweries Limited (EABL) and Safaricom led five stocks whose increase in investor wealth at the Nairobi Securities Exchange (NSE) since the start of the year surpassed the remaining 50 companies. The five stocks recorded a combined gain of Sh334 billion since […]
Investors wait to buy shares during the Safaricom initial public offering in 2008. FILE PHOTO | NMG Revising down high free float requirements – a measure indicating the number of shares of a particular stock available for trading – has always been a hot topic especially when the Initial Public Offer (IPO) markets are ‘dead’. […]
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