Yahoo Says Its Not changing name to Altaba
Yahoo has announced that it will not be changing its name to Altaba, Yahoo Finance has dismissed the misleading information. The company which will change its name to Altaba is a company formerly [...]
Tullow Oil CEO and founder to step down in April
Tullow Oil's long-serving CEO and founder Aidan Heavey is to step down in April and retire within two years, the company said on Wednesday as it announced lower than expected [...]Airbus delivered a record 688 commercial planes globally in 2016
European plane maker Airbus has logged a new delivery record for its commercial aircraft segment – not enough, though, to beat US rival Boeing. Airbus’ commercial aircraft deliveries in 2016 were [...]Cisco Projects Middle East and Africa Cloud Data Center Traffic to Grow 440% by 2020
In Middle East and Africa, cloud data center traffic will grow 4.4-fold by 2020 to reach 304 Exabytes per year, at a CAGR of 34% from 2015 to 2020 according [...]Kenya among 10 markets expected to deliver superior returns in 5 Years, Credit Suisse
Credit Suisse, the Swiss financial services company in its latest frontier research note has picked Kenya among the ten countries that are expected to deliver superior investment growth compared to emerging markets over the [...]TRUMP BEATS ODDS TO BECOME 45TH U.S. PRESIDENT
Republican business mogul-turned politician Donald Trump managed to shock pollsters in the U.S. presidential election and secure his victory to become the 45th President of the United States. Democrat Hillary [...]Ushahidi launches a crowdsourced campaign to monitor the US election
Ahead of U.S.A elections on 8th November, Kenyan based software company Ushahidi has for the second time launched a crowd-sourced campaign to keep tabs on any irregularities that might happen during the elections. [...]Egypt Central Bank Devalues Currency by 48%
Egyptian Central Bank on Thursday devalued the country's currency by 48 percent in order to comply with the demands from International Monetary Fund in exchange for a $13 Billion loan for a period of [...]Indian Govt to Use Mpesa to pay social security pensions
Vodafone India is pioneering a mobile money scheme allowing the state to pay social security pensions directly to an M-Pesa account across remote villages in the north of the country. [...]Blackberry quits phone making business
Blackberry has officially quit the phone making business 14 years after releasing its first product. A statement released by the company confirmed the development. Blackberry’s manufacture of hardware, henceforth, will be [...]OPEC Agrees to Cut Oil Output for the first time since 2008
OPEC on Wednesday reached a preliminary deal that will cut production for the first time in eight years. The cartel agreed to drop production to a range of 32.5 to 33 million barrels per day, [...]Ahead of G20 Summit, west abandons free market in face of Chinese threat
International creditors are on a tour of the Middle East and North Africa, preaching that the keys for development and prosperity are the implementation of free market liberalisation that will [...]
