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M-Pesa virtual Visa card is undercutting Kenya’s commercial banks with lower foreign exchange rates in the race to get a larger share of the country’s cross-border payments market. The virtual …

Shoprite has launched a new division that will help to grow and provide commercially viable small and medium sized enterprises with access to its market. Through Shoprite Next Capital, the …

The annual sales for retailers got boosted by 27% because consumers have been flocking to Game stores to stock up on generators and inverters as load shedding continues. Game said …

The Council of Governors (CoG) on Monday warned of an imminent shutdown in Marsabit after the devolved unit run out of cash. The Governors’ Council demanded an urgent disbursement of …

Amazon plans to launch an online marketplace in South Africa as part of a global expansion in the coming year. Leaked documents seen by Business insider shows (paywalled)  shows the …

Tech giant Apple’s run as a $3 trillion stock which proved fleeting with its grip on a $2 trillion market value is looking wobbly, too. After briefly surpassing $3 trillion …

MultiChoice, Africa’s leading entertainment company is looking to spend half its content investment on African-made shows with local actors and producers within the next two years. The aim by Africa’s …

Electric vehicle maker Tesla Inc on Friday proposed a three-to-one stock split, making its shares more affordable following recent sell-offs of the most valuable automaker. The company also said Oracle …

Amazon.com Inc. veteran executive Dave Clark, who oversaw the consumer business that includes the online retail operation, is stepping down. “To all I’ve had the honor of working with: thank …

There’s an Apple forecast which indicates growing supply problems due to the slowed down production and demand in China caused by the Covid19 lockdown. the war in Ukraine dents sales …