MTN Uganda has announced a new exit option for its minority retail investors as the telecom company prepares to separate its mobile money business, MTN MoMo, from its main telecom …
Ugandan opposition leader and popular politician Robert Kyagulanyi, widely known as Bobi Wine, has spoken out strongly following the reported abduction of a sitting member of parliament. He described the …
Kenya has completed a major test of its ability to transmit 50 megawatts of electricity from Ethiopia to Tanzania through its national electricity grid. The successful trial is seen as …
Safaricom is beginning to feel the pressure in Kenya’s mobile money industry, as new data shows a steady drop in M-Pesa’s market share. For many years, M-Pesa has led the …
Kenya has achieved its highest-ever position in the global startup ecosystem rankings, bolstered by a rapid growth rate of over 30 percent — the fastest among countries ranked between 51st …
Ethiopia has officially opened its banking sector to foreign investors with a new directive that came into effect on June 25, 2025, allowing international banks to operate in the country …
Kenya’s national airline, Kenya Airways (KQ), has expanded its workforce by 8% in 2024, bringing the total number of employees to 4,705. This growth in staff came during a landmark …
Two of Kenya’s oldest tea producers, Williamson Tea Kenya Plc and its associate Kapchorua Tea Kenya Plc, have reported significant drops in profit for the financial year ending 31 March …
A Kenyan High Court has ruled in favour of security firm Wells Fargo Limited in a case involving the theft of KSh 47 million (about ₦253 million) during a 2019 cash …
Kenya recorded a significant drop in the number of mergers and acquisitions (M&A) deals in 2024, but the total value of those deals went up sharply, showing a shift in …