Africa AfCFTA, WCO sign MoU to enhance trade in Africa The African Continental Free Trade Area (AfCFTA) Secretariat and the World Customs Organization (WCO) have signed a Memorandum of Understanding (MoU) aimed at operationalising the tariff schedules and ensuring additional free and efficient movement of goods in Africa. The MoU, which was signed in Brussels, […]
At the UK-Africa Investment Conference in January, Vera Songwe, executive secretary of the UN’s Economic Commission for Africa, stated that UK investment to Africa represents only 3% of total FDI, and challenged the UK government and businesses to double this to 6% within the next five years. That same day, the CDC Group announced that […]
Responsible business practices can help companies big and small attract young talent and also new sources of finance to grow and thrive, writes Sanda Ojiambo My experience of working in business in Kenya and now with the UN Global Compact, the world’s largest corporate sustainability initiative, is that sustainability works. It helps train the focus […]
The fall in share prices at the Nairobi Securities Exchange (NSE) #ticker:NSE following a selloff induced by Russia’s invasion of Ukraine has raised the prospects of higher dividend yields for investors who enter the mark under current conditions. The NSE shed Sh108.3 billion in paper wealth between Monday and Friday last week as tensions in […]
Safaricom-Ethiopia Chief Executive Mr Anwar Soussa. PHOTO | POOL Safaricom is negotiating an infrastructure sharing deal with Ethiopian rival Ethio Telecom as it prepares to launch operations in the country over the next couple of months. Safaricom-Ethiopia Chief Executive Mr Anwar Soussa, said they are currently working with Ethio Telecom and the regulator- Ethiopia’s Communication […]
Safaricom Home Fibre Router We have our many shares of reservations about home internet in Kenya, but nothing comes close to the offerings of Safaricom Home Fibre. The product, which is now the leading service of its kind ahead of Zuku and JTL, has been lauded for its reliability and customer service, but it used […]
Another day, another deal is in the works. Safaricom yesterday unveiled a new data campaign dubbed Nyakua Data Dabo Dabo. It will see customers enjoy 100% Safaricom bonus data deals upon attaining their daily data targets. Safaricom Deals: 100% Data Bonus In a statement yesterday , Safaricom noted the campaign, is a build on the […]
Safaricom (NSE:SCOM) registered further growth in M-Pesa transaction values in the quarter ended December, lifting revenue of the telco which now makes most of its sales from the financial service. The performance of M-Pesa in the review period was disclosed by Safaricom’s parent company Vodacom Group. “Our M-Pesa platform, including Safaricom, continues to scale at […]
(Ecofin Agency) – The legal battle that has pitted Kenya’s telecom regulator against Airtel for the past seven years is being resolved. Both parties have reached an amicable settlement. Airtel Kenya has agreed to pay the $17.6 million demanded by the Communications Authority of Kenya (CA) to renew the company’s telecom license. When its license […]
NAIROBI, Kenya, Feb 22 -The Consumers Federation of Kenya (COFEK) is pushing for the approval of an urgent supplementary budget which will be applied on zero-rating key foodstuffs amid growing public outcry over rising food prices in the country. Kenyans over the past few days have protested the rise in the cost of food, healthcare, […]
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