Technology company Mondia and e-commerce platform Jumia have today announced the launch of Jumia Games, an entertainment category on the JumiaPay App. In its first phase, the fully branded gaming portal is available in only five of Africa’s major economies, including Egypt, Nigeria, Morocco, Kenya and Ghana, with plans to expand the service to Jumia’s…
Category: Business
Equity and Quickmart Partner for Contactless Transaction at New Kisumu Outlet
Kenyan supermarket chain Quickmart’s latest branch in the lakeside city of Kisumu, along Oginga Odinga Lane has opened its doors to customers with a number of offers and technological innovations. While select lucky shoppers will receive gift vouchers from the supermarket for use at the outlet, Equity cardholders will be able to use a ‘Tap…
9 Pillars of Success in Business, according to a Security Company Director
As a business owner or an aspiring entrepreneur, it’s important that you take into account key pillars that will enable you to succeed and ensure that your business future remains bright. Here are 9 quick tips for you to think about turning your fortunes around: Decide Make a decision to engage today and then do…
Bolt Offering Expectant Women Free Rides and other Passengers ‘Bolt Protect’
Transport platform Bolt has announced a partnership with the Kenya Healthcare Federation (KFH) to offer expectant mothers free rides to enable them to have access to safe hospital deliveries during curfew hours. The partnership labelled ‘Wheels for Life’ will see expectant women within the Nairobi area and its environs get free rides from their homes…
Equity, Mastercard Foundation Accord KES 1.1Bn to Kenya’s Covid-19 Fight
Equity Group Foundation (EGF) and the Mastercard Foundation, today announced a commitment of Ksh 1.1 billion to provide Personal Protective Equipment (PPE) to frontline medical staff dealing with COVID-19 patients in public hospitals in Kenya. These funds include KES 300 million from Equity Bank, KES 500 million from the Mastercard Foundation and a matching donation…
Safaricom’s Profits Rise to KES 74.7 Billion
Safaricom PLC has today registered a 19.5% increase in profit and total comprehensive income to KES 74.7 billion, while revealing that the company has paid about KES 810 billion in taxes and fees since inception. This announcement came as Safaricom plans to launch a KES20 a day 4G smart phone package aimed at empowering millions…
Kenya’s Leading Firms and Companies form National Business Compact on Covid-19
The Marketing Society of Kenya has in partnership with brands in the hygiene business, the Kenya Association of Manufacturers, the Association of Practitioners in Advertising, the Kenya Private Sector Alliance, the Public Relations Society of Kenya, AMREF, SDG Partnership Platform and the United Nations family in Kenya, convened The National Business Compact on COVID-19, (NBCC)….
Warner Music Invests in Leading African Distributer, Africori
Warner Music Group (WMG), the third largest music label in the world going by 2019 estimates, has announced it is investing in Africori, Africa’s leading digital music distribution, music rights management and artist development company. The deal gives Warner Music’s Alternative Distribution Alliance (ADA) division access to Africa’s largest catalogue and A&R network, which is…
Kenya’s Airlines, Buses and Railways Cancel Operations in Wake of the Coronavirus
In what is an unprecedented move in the young democracy’s history, a majority of, if not all, of Kenya’s transportation companies traversing in and out of the country’s economic hub, have suspended their operations, effective 7th April 2020. Yesterday, 6th April 2020, in a bid to counter the spread of the coronavirus which is wrecking…
Peter Ndegwa Takes over the Reins of Safaricom from Michael Joseph
Today, April 1st 2020, is day one on the job for Peter Ndegwa, the predecessor to the late Bob Collymore and Michael Joseph, at Kenya’s biggest telco, Safaricom PLC. Mr. Ndegwa joins Safaricom PLC from Diageo PLC where he was the Managing Director of Diageo Continental Europe. The Business Strategy professional also brings with him…