Safaricom has rolled out 5G networks in five counties, enabling customers to access faster internet speeds. The telco has unveiled the networks in Nairobi, Mombasa, Kisii, Kakamega, and Kisumu. Faster …
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- BusinessEconomyKenya NewsSafaricomTechnology
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Elon Musk debunks claims of firing 75% of Twitter staff
Tesla CEO , Elon Musk on Wednesday told Twitter Inc. employees that he doesn’t plan to cut 75% of the staff when he takes over the company, according to people …
- Banking, Finance & InvestmentBusinessEastern AfricaEconomy
Portland Cement Company settles KCB’s Sh6.8 billion loan via land transfers
East Africa Portland Cement Company (EAPCC) says it has completed the settlement of KCB’s Sh6.8 billion loan via land transfers to the lender, cutting its finance costs by Sh735 million …
- BusinessSouthern AfricaTransportation & Logisitics
Transnet to receive in state support R8.5bn to ‘build efficiency’
Transnet, State-owned logistics company is to receive its first cash injection from the fiscus in decades as it battles to recover from flood damage and a shortage of locomotives due …
- BusinessEconomyKenya News
South African Retailers Massmart to shut down it’s Game Stores in Kenya by December
South-African retailer Massmart that runs Games Stores will close its Kenyan stores on or about December 25, rendering hundreds jobless. In a letter notice to the Kenya Union of Commercial …
- AFRICA NEWSBanking, Finance & InvestmentFinance & ServicesTechnology
Fintech emerging as Africa’s most vibrant sector
Fintech startups in Africa grew 81% in 2021, with South Africa, Nigeria, and Kenya emerging as key hubs on the continent, this is according to study by Mastercard on the …
- Banking, Finance & InvestmentBusinessNigeriaWestern Africa
Access Holdings in a bid to acquire equity in Sigma Pensions
Access Holdings Plc, trading as Access Corporation, on Tuesday, announced that the National Pension Commission and the Federal Competition and Consumer Protection Commission had granted their approvals to the proposed …
- BusinessCentral AfricaTransportation & LogisiticsTravel & TourismWestern Africa
Rwandair rewards Nigerian customers and stakeholders
Rwanda Airlines company, Rwandair has rewarded its Nigerian customers and stakeholders for supporting the company and ensuring business continuity. The company in honour of stakeholders and customers organised the corporate …
There are reports of a fire outbreak at the national headquarters of the WAEC, West African Examination Council in the Yaba area of Lagos. According to Channels Television, the Lagos State Emergency Management …
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OPPO Unveils the latest version of it’s Reno8 series smartphones In Kenya
Global smart device brand Oppo has unveiled the latest version of its Reno series smartphones, the OPPO Reno8 in the Kenyan market. The new OPPO Reno8 which has been branded …