The High Court has stopped the use of the SportPesa brand in Kenya’s gaming business amid shareholder fights in a ruling that deals a blow to Milestone Games Ltd that …
EAST AFRICA
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Tea prices at the weekly Mombasa auction dipped slightly this week amid decreased demand for the commodity. At this week’s auction, a kilo averaged USD2.24(Sh269.92) down from USD2.28(Sh274.74) last week. …
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Eastern AfricaEconomyFinance & ServicesOnline CoursesSafaricom
Safaricom partners with NCPWD to connect people with disabilities with job opportunities
Safaricom has partnered with the National Council of Persons with Disabilities(NCPWD) to connect persons with disabilities with job opportunities through an online portal. The portal, powered by IT service provider …
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Banking, Finance & InvestmentEastern AfricaEconomy
CRB reforms lined up to lower the cost of loan for micro and small businesses
The new administration has announced plans to reform the credit information sharing system in a bid to lower the cost of loans for micro and small businesses. President William Ruto …
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Equity Bank will inherit over 20,000 depositors and 3,700 loan customers in the teachers-owned Spire Bank by November after signing a buyout deal that will see Mwalimu Sacco pay Sh1.7 …
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BusinessEastern AfricaEconomyTransportation & Logisitics
New Cargo Vessel Links Kisumu Port to EAC Region for the transportation of goods
A 2,000 tones capacity Marine Vessel, Pamba Wagon Ferry owned by Mango Tree Group commenced the transportation of goods from the Kisumu Port to the East Africa region on Monday. …
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Eastern AfricaEconomyOil & Gas
Fuel shortage hits ahead of price as investors sanguine in market stocks
Motorists have been hit by a fuel shortage following rationing to some retail outlets in Nairobi amid fears that marketers have cut volumes in anticipation of higher prices from Wednesday …
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AFRICA NEWSEastern AfricaEconomyInformation Technology
Kenya and Africa are Ready to link with the Future of Cloud
It is sometimes too easy for the world to wrongfully assume that Africa lags too far behind the global cloud innovation revolution happening. That is a fundamentally flawed outlook. As …
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Equity Bank has concluded negotiations to buy Spire Bank, setting the stage for the signing of a deal that is expected to get the teachers-owned bank out of a financial …
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AgricultureEastern AfricaEconomy
President-Elect Ruto promises to announce a new Fertilizer Prices this week
President-Elect William Ruto says he will announce new fertilizer prices this week after he held consultations with various stakeholders. Speaking during a thanksgiving interdenominational service in Meru Sunday, the president-elect …