American rating agency Fitch yesterday released a report upgrading its rating for OCP’s long-term issuer default rating from bb to bb+, reflecting the company’s ability to meet its long-term financial …
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 …
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 …
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 …
Poultry farmers are calling the Government to crackdown on unregulated poultry hatcheries as cases of day-old chick dying rises. The Kenya Poultry Breeders Association (KPBA) is requesting farmers to buy …
The laundry list of challenges confronting South Africa is a massive headache for Cyril Ramaphosa heading into governing-party elections in December and a national vote in 2024. The economy is …
Safaricom customers will now be able to keep their lines active for a period of up to two years without topping up. This is after the telco unveiled the Daima …
Maroc Telecom, Morocco’s largest telecommunication operator, announced positive financial results at the end of September 2022, with a 0.3% rise in revenues. The company’s revenues exceeded MAD 9 billion ($842 …
Following the port embargo on its fishing vessels, Russia has opted to repair its fishing boats in Casablanca port instead of Las Palmas. The head of the representative office of …
The Auditor-General has flagged Sh2.5 billion worth of irregular spending at Kenya Power in the year to June, including an expenditure of Sh1.2 billion to cover salaries without the approval …
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