Kenya’s telecoms company Safaricom is joining up with a local software firm to launch a ride-hailing company to take on Uber as it seeks new sources of revenue, its CEO said. Safaricom, which is 40 per cent owned by Britain’s Vodafone, and Nairobi-based software developer Craft Silicon will launch the app called Littlecabs in the […]
By Brian Yatich Equatorial Commercial Bank (ECB) has on Tuesday officially re-branded to spire bank as it seeks to fast-track its position for future growth. Among its growth strategies the lender says that they are seeking to enhance access to financial inclusion among teachers and Small and Medium Enterprises (SME’s) across the country. Speaking during […]
Regional financial services provider Equity Group is set to introduce its mobile platform Equitel to all markets where the group operates. Speaking to Paris-based special report publisher Marcopolis, the groups Chief Executive, James Mwangi said that the Bank, through Finserve Africa; their mobile virtual network operator (MVNO), is partnering with telecoms in Uganda, Tanzania, Rwanda, […]
Regional financial services provider Equity Group is set to introduce its mobile platform Equitel to all markets where the Bank operates. Speaking to Paris-based special report publisher Marcopolis, the groups Chief Executive, James Mwangi said that the Bank, through Finserve Africa; their mobile virtual network operator (MVNO), is partnering with telecoms in Uganda, Tanzania, Rwanda, […]
Telkom Kenya has announced the appointment of Kris Senanu as the Managing Director of its Enterprise Division. The appointment is in effect as of Monday, August 1, 2016. The telecommunication company had announced the formation of four primary Business Units: Mobile, Fixed, Wholesale and Real Estate. Mr. Senanu brings 20 years’ experience into the business. “Senanu’s […]
Toyota said Wednesday it is recalling 1.43 million vehicles for defective airbags and another 2.87 million vehicles for faulty fuel emissions controls. Toyota Motor Corp. said it has not received any reports of injuries or fatalities related to either recall. Some 932,000 vehicles are involved in both recalls, so the total number of affected vehicles is […]
Mhealth Technologies leading the way in making Kenya a healthy nation
The Galaxy S7 edge Injustice Edition is now available in the Kenyan market but in a limited quantity. The Batman Inspired Smart Phone is in collaboration with Samsung Galaxy S7 edge with Warner Bros. Interactive Entertainment and DC Entertainment. Samsung Electronics Co., Ltd announced the Galaxy S7 edge to commemorate the third anniversary of the […]
Kenya’s ailing sector finds itself in indeterminate state By Bonface Otieno Kanyamwaya The combined effects of a volatile banking sector, an austerity campaign by the National Treasury and a general economic slowdown have conspired to create a toxic brew that has darkened the economic outlook for East Africa’s largest economy. The word in policy circles […]
French Telkom firm, Orange has issued a statement in Nairobi announcing the completion of the sale of its 70 per cent stake, which it said was subjected to approval from relevant authorities including the Kenyan government. The private equity firm is selling the stake to Helios Investment Partners. “The Africa and Middle-East region remains a […]