The total revenue earned by mobile service providers increased by 8.5 per cent to Ksh 252.3 billion, approximately $2.5 billion, in the past twelve months to June 2018, the latest ICT sector statistic report released by the industry regulator indicates.
Small and medium sized businesses in Kenya represents 75 per cent of the country's workforce, constitute 98 percent of all businesses in Kenya and contribute 3 percent to the national purse.
Equitel processed 87.9 million mobile commerce transactions between April 2018 and June 2018, up from 77.6 million transactions in the preceding quarter, representing a 13 per cent increase. At the same time the value of mobile commerce transactions increased to Ksh328.2 billion, a 13 per cent increase from Ksh290.3 billion that was processed over the same period.
HMD Global, the home of Nokia phones, announced the availability of the Nokia 6.1 Plus in Kenya. The Nokia 6.1 Plus joins the Android One family of Nokia smartphones and will be available for of Ksh. 31,900.
Elanco Animal Health Incorporated is progressing a groundbreaking project to provide sustainable development solutions to address food insecurity in East African countries – Tanzania, Kenya and Uganda.
Deputy President Mabuza says SA working together with other leaders of the IGAD countries will continue to provide support for a successful implementation of a peace agreement in South Sudan in finding lasting peace, stability and development.
Kenyans will from today start paying more for Safaricom voice calls and data. Safaricom in a statement sent out yesterday said this was as a result of the increased taxes passed in the Finance Act 2018.
Kenya’s President Uhuru Kenyatta has said the Government will streamline its processes so that it accords Small and Medium Enterprises (SMEs) the support they deserve.
Samsung Electronics East Africa has announced the availability of Galaxy A7 in Kenya, the latest addition to the Galaxy A series family.
Google has announced a Sh100 million grant to train more than 100,000 Kenyan smallholder farmers in digital skills.
Jumia plans to grow its vendor base from the current 10,000 to 15,000 by 2019. The e-commerce leader made this announcement during Jumia Black Friday launch event held at Movenpick Hotel in Westlands, Nairobi.
Kenya’s leading e-health platform, MYDAWA, has signed a partnership deal with iPay Limited, an innovative payment processing solution and payment gateway for Africa.
Enterprises can now pay for internet connectivity based on their monthly usage. This follows the launch of a consumption-based billing service dubbed IS Open Network (ISON) by Internet Solutions.
Cytonn Investments has released their annual Cytonn Corporate Governance Report – 2018, “Cytonn CGR”, which demonstrated that firms with higher levels of corporate governance outperformed those with lower levels of corporate governance.
Unveiled a decade ago in June 2008, the Kenya Vision 2030, the country’s development blueprint, has steered Eastern Africa’s largest economy to unprecedented heights. But the future of the blueprint is caught in a geo-political mire on three fronts.
Botswana, Kenya and Nigeria have moved up the Absa Africa Financial Markets Index, produced by the Official Monetary and Financial Institutions Forum, and South Africa remains in top position.
UNICEF, in collaboration with Kilifi and Garissa counties, have recruited Energy 4 Impact in an institutional advisory capacity to support the implementation of Kenya’s Energy and Cash Plus pilot project.
GE Healthcare and the Society of Radiography in Kenya (SORK) have announced a 2-year partnership to train a minimum of 140 radiographers on the latest medical imaging technologies and techniques.
The 7th Conference on Climate Change and Development in Africa, CCDA – VII, kicked off in Nairobi Kenya on Wednesday attracting over 700 delegates with institutions pledging to continue working together to make Africa’s development sustainable, inclusive and climate-resilient.
Food and beverage company Nestle has recorded a 50 per cent reduction in the consumption of water per ton of product for the last three years at its Nairobi factory, occasioned by a cocktail of low cost water conservation measures it has been employing.
Even as Kenya continues to seal loopholes of money laundering and illicit flows, details are emerging that the country is experiencing sophisticated forms of tax evasion.
Analysis of trade misinvoicing in Kenya in 2013 shows that the potential loss of revenue to the government was $907 million for the year, according to a new study by Global Financial Integrity.
The fate of hundreds of small and mid-sized businesses that have been supplying Athi River Mining Company, ARM, since 1974 when the manufacturer first set up shop now rests with the recently appointed administrators from PWC who have taken charge of the business.
Everest, a biometry-based, value transfer company, and 1000 Alternatives, a leader in social impact development, have announced a new partnership created to accelerate blockchain innovation and spur economic development in Kenya, Nigeria and Rwanda.
Boost chatbot has launched in Kenya to help users select and buy the best airtime bundle for their needs after analyzing a user’s requirements for data, SMS and minutes.
Ethiopia's wheat production has consistently lagged other African nations. The Wheat Initiative raises hopes, but what happens when results don't meet expectations?
Kenya’s real gross domestic product (GDP) growth is projected to rise to 5.7% in 2018—up from 4.9% in 2017—and continue to increase steadily to 5.8% in 2019, and 6.0% in 2020, according to the World Bank’s 18th Kenya Economic Update (KEU).
Kenya’s postal service provider the Kenya Postal Corporation of Kenya is eyeing a deal with American e-commerce company Amazon that will see it become their official logistics in the country.
Kenya has taken less than a decade to make giant strides in its energy sector. Key to this are two iconic renewable energy projects that have benefited from the support of the African Development Bank: Turkana Wind Farm and Menengai Geothermal Power Station.
Samsung has unveiled its 2018 lineup of QLED TVs in Kenya. The lineup was first unveiled to the world in March this year in New York and according to Samsung, the TVs are now in the country targeting consumers who want top of the range technology from their TVs.
Habitat for Humanity’s Terwilliger Center for Innovation in Shelter, BDO EA and Pangea have launched the ShelterTech 2018 program in Kenya.
Uber has announced a new partnership with Zindi, a data science competition platform for Africa to optimize public transportation in Nairobi.
East Africa Business Council, EABC, has appointed Hon. Peter Mathuki as the acting Executive Director following the resignation of Ms. Lilian Awinja.
Wefarm, the world’s largest farmer-to-farmer digital network has reached over 1.1 million users across Kenya and Uganda.
From mid this year the apparels sector in Kenya has been had hit by the cost of doing business, with major investors such as Long Yun Garments in Mombasa, shutting down and several others in different counties downsizing and reducing their operations.
East Africa Legislative Assembly is adding its voice to the debate on greening the environment.
September data signaled a slower improvement in business conditions in Kenya’s private sector, with the latest expansion being the weakest in the current ten-month phase of growth.
Kenya Association of Manufacturers (KAM) has recommended the formation of an industry-led multi stakeholder Taskforce that will advise on people-driven public expenditure, debt and taxation policies.
poa! Internet, the low-cost internet provider servicing low-income areas of Nairobi has announced plans to provide a free week of unlimited internet for all its home customers in Kawangare.
With Kenya having experienced proliferation of online news channels occasioned by an impressive penetration of the internet and a critical mass of consumers with an insatiable appetite for breaking news, truth and fact have been the latest casualties.
The announcement by Kenya’s national carrier, Kenya Airways, that it would start direct cargo flights to USA in December this year remains one of the most iconic developments for the Kenyan flower industry.
Amref Health Africa and a technology solutions firm in Kenya AISL, have partnered to scale up blood availability in hospitals through a Blood Services Information Management System dubbed Damu – Sasa.
Taxify customer will now be able to get estimates for the rides, fares and duration through Google Maps.
Cross-network mobile money transfer between Safaricom and Telkom went live in Kenya on Thursday. This came as the country’s main telcos come together to roll out mobile money transfer interoperability that commenced in March this year.
US based renewable energy company Renewvia Energy's first two microgrid facilities, outfitted with the company’s innovative new mobile payment platform are now successfully running on the Islands of Ndeda and Ringiti in Kenya’s Lake Victoria region.
Kenyan based delivery platform Sendy has announced a new partnership with Yamaha to train its motorcycle riders on safety and marketing.
Sub-Saharan African economies are still recovering from the slowdown in 2015-16, but growth is slower than expected, according to the October 2018 issue of Africa’s Pulse, the bi-annual analysis of the state of African economies by the World Bank.
Facebook has today announced the its launch of Third-Party Fact-Checking to help assess the accuracy of news in Kenya, and reduce the spread of misinformation, whilst improving the quality of news people find on its platform.
Kenya’s President Uhuru Kenyatta has held a meeting with a delegation of senior Qatar government officials during which he was informed of plans by Qatar Airways to start direct flights between Doha and Mombasa on 9th December this year.
Food and beverage company Nestlé has renewed its commitment to restore Kenyan coffee glory through continued technical support and training for existing and potential farmers.
Chinese multinational heavy equipment manufacturing company SANY has signed concrete machinery and dump trucks dealership agreement with Rhombus, the powerful ready-mix and bulk cement supplier in Kenya.
Cytonn Investments has released its 2018 first half Banking Sector Report, which ranks KCB Group as the most attractive bank in Kenya, a position it has retained since 2016, supported by a strong franchise value and intrinsic value score.
Kenya telecommunication company Safaricom has partnered with the Kenya Alliance of Residents Association to increase security in member estates with pilot surveillance project launched in Ngei Estate phase 2, Langata.
The Capital Markets Authority and the Kenya Bankers Association have signed an MOU that sets the stage for closer collaboration between the two organizations in the areas of research, data sharing, analysis, and stakeholder engagement.
Kenya Power has launched its refurbished Customer Service Centre at Nairobi’s Electricity House. This is part of the initiatives recently undertaken by the Company to improve service delivery to customers.
Kenya’s largest grower and exporter of rose flowers, Oserian Development Company, has been awarded in three categories of the 2018 Federation of Kenya Employers awards, emerging as the only winner in the horticulture industry.
Kenya Association of Manufactures (KAM) in partnership with Dandora Hip Hop City have held a capacity building workshop as one of the activities in a capacity building, clean up and community engagement program.
Redstor, a leading South Africa-based cloud data management SaaS business, is expanding its operations in Kenya.
Jumia has partnered with Amadeus, a leading travel technology company to launch the first flight marketplace in Africa.
Google just turned 20 this month and is unveiling a suit of new enhancements aimed at making the task of finding answers even easier to billions of users around the world.
President Uhuru Kenyatta has witnessed the signing of a deal to deliver 100,000 affordable housing units.
Google Search is celebrating 20 years of organizing the world’s information and making it accessible to billions of users in close to 200 languages.
Kenya’s telecommunication company Safaricom has been recognized as a Global Compact LEAD company for its ongoing commitment to the United Nations Global Compact and its Ten Principles for responsible business.
In 2017, the hospitality industry supported 1.1 million jobs (9% of total employment), and by end of 2018, the employment rate is expected to rise by 3.1%; according to a Jumia Hospitality Report.
The Nairobi space will also host the new East African office of its parent brand, a global leader in media intelligence and AI-Driven Outside Insight, Meltwater, who is also expanding into the region.
Unveiled in February this year, Facebook Community Leadership Program is a global initiative that invests in people building communities.
Integrated property investment company, Africa Logistics Properties has opened its first 49,000 sqm of modern grade –A warehouse at ALP North Industrial Park.
Communication Authority of Kenya has directed mobile operators switch off all unregistered SIM cards on their networks with immediate effect.
Five months after joining Equity Group Holdings Plc, Polycarp Igathe has been confirmed and named the Managing Director of Equity Bank Kenya.
President Uhuru Kenyatta has said Kenya is keen on promoting more partnerships between the public and private sectors in order to spur more growth in the country.
The awards were launched by ICT Cabinet Secretary Joe Mucheru and will see young Kenyan innovators feted during the Connected Kenya Summit that will be held at the Bomas of Kenya from 22nd to 24th October.
Kenyan Startup Lori Systems has expanded its operations to Uganda, Rwanda and South Sudan. The startup launched its operations in the three countries after winning multiple bids associated with the newly built $4B railroad system in East Africa.
The Legatum Center for Development and Entrepreneurship at MIT, has named South African startup Wala as the grand prize winner of the 2018 Zambezi Prize for Innovation in Financial Inclusion, as well as the regional winner of the MIT Inclusive Innovation Challenge.
Alibaba Cloud, the cloud-computing arm of Alibaba Group, and Kenya's Ministry of Tourism and Wildlife have agreed to explore a strategic collaboration to deploy Alibaba Cloud’s technology to support the Kenya Wildlife Protection Project.
Africa’s entertainment and media industry has entered a dynamic new phase - a third wave of convergence.
Known as TenFour, Ushahidi says it built the check-in application after one of them was involved in a terrorist attack and it needed a quick way to check in with each other in critical situations.
The African Leadership University (ALU) and the Meltwater School of Entrepreneurial Technology (MEST) are launching their operations in Kenya in partnership with Nairobi Garage.
ESET East Africa has been voted the Cyber Security Company of the year at the 2018 Digital Inclusion Awards (DIA).
Safaricom has received Tier III Design Certification from Uptime Institute for the Thika Data Center, thus joining elite data centers in the world to be certified by the leading Data Center Authority.
Nestlé and Ashoka have kick-started a social investment accelerator program to accelerate social entrepreneurship and boost the economic development of Africa on 10th September 2018.
Africa50 shareholders have approved the expansion of the Board of Directors to include at least half independent directors.
One of Kenya’s leading flower grower and exporter Oserian Development Company has sounded the alarm over massive fertilizer shortage in the country.
World Capacity builders, a British Colombian company, and ImpalaPay Limited a Fintech operating in Kenya recently signed an MOU and are officially strategic partners.
Global alternative asset manager The Carlyle Group has completed the acquisition of a majority stake in AK Life Sciences, Abacus, a pharmaceutical company in East Africa.
Cytonn Investments Management Plc has opened an office to serve the Central Rift region and tap into the vast real estate investment opportunities the region offers.
Kenya Association of Manufactures (KAM) has signed an MoU with the National Transport and Safety Authority (NTSA) and Kenya Association of Waste Recyclers for PET plastic waste management.
Philips Africa has announced the introduction of Lumify, its first App-Based ultrasound system that will extend the reach of ultrasound applications to a broader network of healthcare providers using mobile technology.
As urban population hits unprecedented highs putting pressure on key amenities like housing, transport water and sanitation experts are mulling new and innovative ways to create smarter inclusive and sustainable cities.
Mr. Joe Watson Gakuo is the Chief Executive Officer of Oleum Holdings Limited, and the founder of Upstream Awards.
Two schools in Kenya have benefited from an e-learning project led by Camara Education in conjunction with Dell and Computer Aid.
The Driver Destinations feature will allow drivers to indicate they’re going and then synchronize it with the Taxify app for drivers to find and connect with trips that are on their way.
The President and the Vice President of the African Court on Human and Peoples’ Rights, Hon Justice Sylvain Oré from Côte d’Ivoire and Hon Justice Ben Kioko from Kenya respectively, have been re-elected for the second and final term of two years to lead the Bureau.
Loon, the Alphabet company that is planning to launch balloon-powered internet connectivity in Kenya next year, has successfully sent a test internet connection 1,000 kilometers across seven balloons.
Oracle yesterday announced its Impact Technology Summit, hosted in Nairobi and geared towards driving awareness of emerging technologies and their impact on business.
Hashmart Kenya, which specializes in electronics says it is positioning itself to give established players in e-commerce segment a run for their money.
UN-Habitat, working in concert with its partners, has embarked on a cities campaign on Equitable Economic Growth in two Kenyan secondary towns of Kajiado and Ol-Kalou.
Experts from UN-Habitat, United Nations Economic Commission for Africa, African Union Commission, United Cities and Local Governments of Africa, members of academia, representatives from civil society and local governments met in Nairobi to chart out the process of elaborating a Model Law.
One of the leading commercial banks in Kenya, Spire Bank, will be instrumental in facilitating a wide variety of international Crytpto banking activity in association with Blockbank.
NIC Bank Kenya PLC has announced that it has successfully transformed multiple banking processes, using Newgen's Business Process Management based banking solutions.