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Africa’s Must-Win Battles in Financial Empowerment
The next frontier is not just inclusion but capability, the ability to effectively use financial services.
CIC Insurance and Williamson Tea Added to MSCI Frontier Markets Small Cap Index
Global index provider MSCI Inc. added CIC Insurance Group and Williamson Tea Kenya to its Frontier Markets Small Cap Index.
Safaricom's Half-Year Profit up 52%, Mobile Data Revenues Overtake Voice
Safaricom recorded its strongest half-year performance to date as continued expansion in M-PESA and mobile data usage in Kenya offset the ongoing decline in traditional voice and messaging revenue.
Ecobank Loses Two Tax Cases on Card Payments, VAT on Repossessed Assets
In its decision, the Tribunal found that payments made by Ecobank to Visa and Mastercard were subject to withholding tax.
Madagascan Telecom Giant Acquires Zuku's Parent Company
AXIAN Telecom’s subsidiary Yas has completed the purchase of 99.63% of Wananchi Group, a major East African broadband and enterprise connectivity provider..jpg%3Fkey%3Dsmall-avif&w=3840&q=75)
Tanzania’s Internet Blackout Has Cost Over US $238 Million - Paradigm Initiative
The Paradigm Initiative (PIN) has raised concern over Tanzania’s recent election-period internet blackout and ongoing reports of bandwidth throttling in parts of the country
Africa’s Trade Future Beyond AGOA Looks Bright
AGOA has been a lifeline for African exporters, especially in Kenya’s textile sector, but its uncertainty underscores a bigger question about Africa’s trade future.
Nairobi Set To Introduce Cost-Based Pricing for Public Services
By publishing the cost bases and promising annual tariff impact reports, the county intends to create objective benchmark
Airtel Africa's H1 Profit Jumps 375% as Data, Fintech Drive Growth
Airtel Africa has reported a three-fold increase in net profits in its first-half results, driven by growth in data and mobile money usage across its markets
Firms Bank on Discounts to Lift Sales as Private Sector Growth Accelerates in October
Kenyan companies offered more discounts in October to attract customers as demand improved and inflation pressures eased
CMA Clears REIT Manager, Wealth Manager, Coffee Broker and Securities Dealer in Market Expansion Move
CMA has approved four new licenses that expand participation and product depth in Kenya’s capital markets