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 [...]ARM Cement IFC Still Negotiating Capital Injection Agreement
Kenya’s ARM Cement Limited is yet to finalise its capital injection agreement with the International Finance Corporation (IFC) with regards to a capital injection that will help the struggling company [...]EAC Revenue Commissioners to Improve Income Tax Compliance to Curb Revenue Loss
The East African Community (EAC) revenue commissioners have agreed to improve income tax compliance of high net worth persons and SMEs in an initiative to address issues surrounding tax administration [...]Kenya Power Board Suspends MD Ken Tarus
Kenya Power Board of directors has suspended the company's Managing Director Ken Tarus following summons over graft allegations amounting to more than Sh 4.5 Billion involving 40 former and current [...]Kenyan Parliament to Investigate Alleged Abuse of Dominance in the Telecom Sector
Parliament is set to investigate the alleged abuse of dominance in the telecom sector and the pricing of the major telecommunication services. Last week, Parliament’s Committee on Information Communication and Telecommunication [...]Tanzanian Govt Signs into Law the Public Service Social Security Act 2018
The Bill proposing to join all pension funds in Tanzania into two entities is now the Public Service Social Security (PSSS) Act 2018 after the Tanzanian government signed it into [...]
