Tunisia and Somalia Join COMESA
Tunisia and Somalia have been admitted to the Common Market for Eastern and Southern Africa (COMESA) bringing the total number of members to 21. The two countries received admission to [...]
Kenya's Private Sector Activity Improved in June- Stanbic Index
Business conditions across the private sector improved in June according to survey data from the Stanbic Bank Purchasing Managers’ Index. The survey indicates that greater output requirements resulted in companies [...]Safaricom Unveils new network base station in Coast Fibre to home internet services
Safaricom Plc has launched two new base stations and expanded Fibre-To-Home connectivity in the Coast region as part of its broader strategy to expand its network infrastructure in the country. [...]Regulators Warn Kenyans Against Unlicensed Online Financial Services Providers
A joint statement has been issued by the Central Bank of Kenya (CBK), the Capital Markets Authority (CMA), the Insurance Regulatory Authority (IRA), Sacco Societies Regulatory Authority (SASRA) and Retirement [...]Construction of Thika Road Footbridges to End by December 2018
The ongoing construction of the four footbridges along Thika Highway will be complete by December 2018 according to KeNHA’s assistant director for communication Charles Njogu. Once the construction is complete, [...]Microsoft IoT and AI popup labs improve performance of businesses in Kenya
Microsoft 4Afrika has received an affirmative response from beneficiary teams and developers of the IoT (Internet of Things) AI (Artificial Intelligence) pop up lab and series of events last [...]EABL to Begin Production at New Sh15b Western Kenya Brewery
East African Breweries Limited (EABL) said on July 17 that its new brewery in Western Kenya worth Sh15 billion is ready to begin production after a successful testing process. The [...]Bitcoin touches five-week Amid Interests from World's Largest Asset Manager
Bitcoin, the most widely traded cryptocurrency touched the strongest level since June 10 amid a wide surge in appetite for risk, which today sent gold to the lowest level in [...]
Rwanda currently undergoing a shortage in cement supply
Rwanda is currently undergoing a shortage in cement supply which has resulted in the surge of prices. This was after the main industry stakeholders confirmed the price rise that the [...]Construction of Mombasa Port Bridge is Complete
Construction of the 250 metres bridge connecting the port of Mombasa to the standard gauge railway (SGR) Mombasa terminus is now complete. The bridge will link to a rail extension [...]IBM partners with start-up to launch cryptocurrency
International Business Machines Corp. (IBM) says that it has struck a partnership with Stronghold, a financial technology start-up, to jointly launch a new cryptocurrency called Stronghold USD. The cryptocurrency will [...]Govt to construct sh 3 billion modern market in Gikomba
Deputy President William Ruto has revealed that the Government is planning to construct a modern Gikomba market at a cost of Ksh 3 billion over the next 2 years. This [...]
