Google offers detailed ‘Swahili’ results for users
Google has availed its knowledge graph in Swahili so as enable intelligent and contextualized results of people, things and entities that Google already knows about. This will allow Swahili speakers [...]
Kenya Ranks 23 Globally in Bitcoin Trading Volumes
Kenya ranks 23 globally in bitcoin trading volumes according to the recent localbitcoins.com volume charts. The country traded $25 million in bitcoin, coming third after Nigeria and South Africa which [...]
Britam’s Half Year Profit After Tax Drops by 1.4%
Listed financial services firm Britam Holdings has reported a 1.4% drop in profit after tax to Ksh 981 million attributed to a 13% increase in insurance claims and an 11% [...]MPs Could Extend Implementation of Fuel Tax to 2020
Despite complaining about the high public debt levels, Kenyans are opposed to the fuel tax levy that could contribute to the reduction of this debt. The upcoming tax on fuel [...]Sanlam Kenya Issues Full Year 2018 Profit Warning!
Financial services company Sanlam Kenya has issued a profit warning announcement that predicts a probable 25 per cent drop in net earnings for the period to 31 December 2018 compared [...]UAP Old Mutual Half Year 2018 Earnings Plunge by 61%
UAP Old Mutual has reported a 61 per cent drop in net earnings to Ksh 190 million for the 6 month period ended June 2018. The company's CEO Peter Mwangi [...]How Safaricom built an unrivalled communication network digital ecosystem
On Monday last week, Fortune released its 2018 ‘Change World’ list that ranks for-profit companies that are making great social impacts in the communities that they operate in. Interestingly on [...]Kenyan Banks regional subsidiaries hit 306 branches
As at December 31, 2017, there were nine Kenyan banks with a total of 306 subsidiaries operating across the region, employing a total of 6,106 employees according to Central Bank of [...]Tuskys' Mavazi Now at 17 Stores in 9 Months
In November 2017, Tuskys launched its first Mavazi store at its T-Mall branch in a bid to separate its supermarket business from its fashion business. The move has since proved [...]Guest Post; Why Kenyan Banks, Fintechs Telcos Want to Digitize Chamas, But Cant Figure Out How
Michael Kimani A group of high profile organizations including Facebook, Mastercard, FSD Kenya, Safaricom, Fintech startups, and even the World Bank have convened in Nairobi for a one day workshop [...]CMA’s Strategic Plan to Focus on Leveraging Technology to Propel Market Efficiency
The Capital Markets Authority’s Strategic Plan 2018-2023 will focus on leveraging technology to propel efficiency in the capital markets value chain as one of its objectives. The Plan was created [...]Stanbic Bank's huge exposure in ARM Cement's Debt Portfolio
Stanbic Bank of Kenya has been left exposed after having granted huge credit facilities to ARM Cement Ltd which was placed under administration few days ago. The lender had offered [...]
