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Recent News

Equity gets Sh10.8bn for lending to SMEs
Google to Pay $1 Billion to News Publishers on Google News Showcase
KCB Boosts Schools Reopening With Up To Sh250mn Secured Loans
Kenyan Women Entrepreneurs to Benefit from Sh3.2bn White House Initiative
Bitcoin Trades higher After SEC Jay Clayton Commends Blockchain
Listing Loan Defaulters with CRBs Resumes
Greenlight Planet; A Solar Solutions Company Secures US$90 Million Investment
Harambee Sacco unveils Sh3b mortgage re-finacing facility for members
Tomoca Coffee Opens Shop at Two Rivers Mall
Kenyatta Extends Business Relief Measures

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Capital News

Countries battle rising virus cases as WHO sees ‘exponential’ rise October 24, 2020
Paris, France, Oct 23 – Grim data highlighted the struggle for authorities around the world to bring the coronavirus pandemic under control Saturday, as the US reported 80,000 infections in a single day, France extended a curfew to two-thirds of citizens and Germany’s death toll passed 10,000. The World Health Organization had earlier warned of […]
Trump launches intense campaign push, Biden hammers him on Covid October 24, 2020
Pensacola, United States, Oct 23 – Donald Trump launched an intense last-ditch reelection push Friday in Florida, insisting that Covid-19 is disappearing, while frontrunner Joe Biden hammered his message that the president had abdicated responsibility for a pandemic that is actually surging. With 50 million people having already cast early ballots, Biden has a firm […]
How a dictatorship-era constitution endured in Chile October 24, 2020
Santiago, Chile, Oct 24 – Replacing Chile’s dictatorship-era constitution was a pressing demand from the streets during months of social protests in Chile in 2019. On Sunday, Chileans will vote in a referendum to approve or reject changing the constitution; and if they approve, what kind of body should draft it — a mixed assembly […]
As Ivory Coast vote nears, powder keg west braces for trouble October 24, 2020
Duekoué, Côte d’Ivoire, Oct 24 – His brother had his throat slit and his handicapped niece was shot dead in her home, but Zeabahi Maurice has put aside all thoughts of revenge against the militiamen who ravaged his village in the west of the Ivory Coast a decade ago. The chief of Guitrozon, a village […]
Poland’s president tests positive for coronavirus: aide October 24, 2020
Warsaw, Poland, Oct 24 – Poland’s President Andrzej Duda has tested positive for coronavirus, an aide said Saturday, as the EU country faces a record rise in cases and mass protests despite a ban on public gatherings intended to stem infections. Duda is the latest in a string of leaders to have been diagnosed with […]
Seychelles votes for president, lawmakers in election October 24, 2020
Victoria, Seychelles, Oct 24 – Voters on the main islands of the Seychelles cast their ballot Saturday in presidential and parliamentary elections spanning three days, across an idyllic archipelago that has been economically hammered by the coronavirus. Polling stations opened at 7:00am (0300 GMT) on Mahe, Praslin and La Digue — home to the majority […]
US Coast Guard to tackle China ‘illegal’ fishing in Pacific October 24, 2020
Washington, United States, Oct 24 – The United States said Friday it will deploy Coast Guard patrol ships in the western Pacific to counter “destabilizing and malign” activities by China in disputed fishing grounds of the South China Sea. Accusing China of “illegal” and “unregulated” fishing, as well as “harassment” of fishing boats from regional […]
Trump no fan of ‘Borat’ creator Sacha Baron Cohen October 24, 2020
Aboard Air Force One, ZZZ, Oct 24 – Donald Trump said Friday he has not been a fan of Sacha Baron Cohen — even before a clip from the British comedian’s new Borat movie forced the US president’s lawyer Rudy Giuliani into an awkward explanation. Asked about the clip — which shows Giuliani in a […]
France to crack down on online posts after teacher’s murder October 24, 2020
Paris, France, Oct 23 – France said on Friday it would crack down on social media posts that put people in danger by divulging their personal details, a week after the murder of a teacher targeted in an online campaign over Prophet Mohammed cartoons. Samuel Paty was killed by 18-year-old Chechen Abdullakh Anzorov last Friday […]
BBI proposal on a clean slate commission for 2022 polls ill-founded: IEBC October 24, 2020
NAIROBI, Kenya October 24 – The Independent Electoral and Boundaries Commission (IEBC) has termed as unfortunate and ill-founded a proposal by Building Bridges Initiative (BBI) task force to reconstitute the electoral commission in order to provide a clean slate ahead of 2022 General Elections. IEBC Chairperson Wafula Chebukati on Friday said the recommendation was part of […]

Business Briefs

US and Sudan: Foes bury the hatchet
Washington once labelled Khartoum a hub of the "axis of evil".
Qatar Airways extends Kenya reach with KQ deal
The interline agreement with Kenya Airways provides for domestic connections to Mombasa and Kisumu.
Centum subsidiary eyes boda boda riders with unit trust
Nabo Capital has launched a Sh50 daily savings scheme targeting the country's 1.4 million boda boda riders.
BBI raises MPs’ pay budget by Sh324m
Each MP earns a basic pay of Sh710,000, meaning their employer the PSC currently spends a minimum Sh3.54 billion annually or Sh295.36 million monthly on their salaries.
Uhuru tariff cut dims Kenya Power revenue by Sh4.8bn
Electricity price cuts ordered by President Uhuru Kenyatta two years ago cost Sh4.8 billion in revenue for the financial year ended June 2019, new disclosures by the firm show.
Legal awards against State top Sh101 billion
Kenya is facing a further Sh769.9 billion claims from ongoing litigation in local and international courts.

Business Uganda

TradMark EA seeks to make cross border trade safe
Wanjiku Kimamo, the TradeMark EA director gender, said the protocols will apply to border markets that are either open or closed
BoU fixes lowest CBR at 7% as economy declines
Central bank boss says the move is aimed at avoiding the most negative economic consequence of the Covid-19 shock
Misinvoicing in car business costing government billions
"I have to pay at least Shs15 million in taxes for a vehicle I bought at Shs 5 million. This is too much tax to handle for many dealers," he said
Govt to procure four new trains
Speaking at a media briefing, Mr Stanly Sendegeya, the new Uganda Railways Corporation managing director, said the new locomotives will increase cargo transportation

Business Tanzania

Villains: Inflation, depreciation - 2
The ink had barely dried on my piece last Thursday (October 15, 2020) on ‘inflation’ and ‘depreciation’ when I received three responses from readers questioning the questions I raised in that article.
Knowing customers’ needs boosts returns investment
Today, every business has a burning platform: a friction point between their customers’ expectations and offerings that are disrupting their business. The longer they wait to solve it, the more likely it is to wreck their business.
Why do people pay tax? - 2
You pay taxes. But what makes you pay taxes voluntarily? Your assessment of the benefits of evading tax against the potential penalties or fines for noncompliance - and the likelihood of being audited - may partly explain compliance decisions. Also, your ability to pay the tax, as well as the costs of compliance. I discussed […]
Deal seeks to strengthen mobile money security
A global RegTech firm (which deals with the management of regulatory processes within the financial industry through technology) has implemented its mobile money compliance platform in Tanzania in deliberate efforts to further strengthen the security of the country’s mobile money transactions. Global Voice Group (GVG) has implemented its M3 platform for the Tanzania Communications Regulatory […]

Business Rwanda

How will Kigali Arena’s new managers generate revenue?
Author(s): Collins MwaiLast week, a South African company, QA Venue Solutions Rwanda signed a seven-year agreement with the Rwandan government to manage the
E-waste recycling project to generate more green jobs
Author(s): Michel NkurunzizaE-waste collection and recycling has created over 400 green jobs which is expected to increase once the recycling facility and nationwide
What are the real technologies disrupting Africa’s energy sector
Author(s): Yariv CohenIn over 2 decades of working across Africa, I pretty much heard all the warnings one may encounter about the risks and challenges of oper
Ten affordable post-harvest techniques to raise farmers’ revenue and sales
Author(s): Michel NkurunzizaIn Africa, and in Rwanda, a significant portion of food loss occurs in early stages of the food value chain, mainly due to financial, man

Business Ghana

Maritime Authority tackles insecurity in Ghana’s waters
The Ghana Maritime Authority (GMA) has started the process to upgrade its Vessel Traffic Management and Information System (VTMIS) to address issues of insecurity within Ghanaian waters. The project will see the installation and integration of underwater surveillance equipment into the VTMIS to ensure adequate protection of subsea structures such as drill wells, submarine communication […]
GISPA saving Ghana $600,000 monthly on internet traffic
The President of the Ghana Internet Services Providers Association (GISPA), Richard Densu, has stated that his outfit through the Ghana Internet Exchange is saving the country more than 90 Gigabytes per second (Gbps) of traffic. That, he said, translates to a saving of about US$600,000 monthly. He made this known in his welcome address at […]
GISPA holds Ghana Internet Conference 2020
The Ghana Internet Services Providers Association (GISPA) has successfully organized the Ghana Internet Conference 2020. This year's conference is the second of a series of annual conferences to be hosted by GISPA. In 2019, the GISPA organized the maiden edition of the Ghana Internet Conference. That year, GISPA brought together key stakeholders in the Internet […]
Ghana ready for AfCFTA — Trade Minister
The Minister of Trade and Industry, Mr Alan Kyerematen, has given an assurance that Ghana is ready to take advantage of the African Continental Free Trade Area (AfCFTA) agreement as the country hosting the secretariat. He said the government had put in place the necessary structures to facilitate the participation of all sectors of the […]

Business Nigeria

Going into e-commerce is a way of making a difference in the country
The digital brand is owner and ardent entrepreneur, Linus Williams Ifejika, has said his journey into e-commerce is a way of making a difference in the country economy. He said, “a great company starts little and making a company, brand, organization be what it is, is done collectively, a great business idea calls for unlimited […]
Uninsured businesses may not recover from Lagos lootings without compensation
Still reeling from the impact of the COVID-19 pandemic, many businesses in Lagos, especially those in the retail sector, without insurance packages may have difficulty recovering from the losses associated with the lootings and destruction that took place on Wednesday. According to private sector operators, it might take a long while for many of the […]
How blockchain can aid in African recovery
The African Continental Free Trade Area (AfCFTA) represents a huge and ground-breaking opportunity for African nations, and the striking of this agreement was undoubtedly a watershed moment in the continent’s history. In simple terms, it has the potential to lift 30 million people out of extreme poverty in the region, while also raising the average […]
Firm bags International Awards
Gemona West Design Studio has put Africa on the global map as it bagged two international awards. The outfit, formerly Gemona West Interior Designs won The Tony Elumelu Foundation Entrepreneurship Programme in 2015 and began operations. They later recorded success at the African Property Awards in 2018 with their E-Tranzact project. Barely two years after […]

Business Zim

Zim economy to grow 4,2pc in 2021: IMF
Golden Sibanda Senior Business Reporter The International Monetary Fund (IMF), this week revealed Zimbabwe’s economy will rebound next year and grow 4,2 percent from a decline of 10,2 percent forecast for 2020. The world body’s prediction comes on the back of global economic recovery from the impact of ravaging Covid-19. As the domestic and global […]
Digital technologies gain traction on Covid-19
Business Reporter The use of digital technologies gained momentum following the outbreak of Covid-19, with wider deployment of such technologies noted in trade, continuity in government, education, tracing of coronavirus contacts and more importantly education, Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz), director general Dr Gift Machengete has said. He said this yesterday while […]
Govt pushes for reduction in fertiliser imports
Martin Kadzere Senior Reporter THE Government is working on a five-year road map aimed at significantly reducing fertiliser imports over the next five years through capacitating local manufacturers, Industry and Commerce Minister Dr Sekai Nzenza has said. The country, whose economy is largely agro-based has been importing significant quantities of fertiliser for many years as […]
Vet Dept steps up vaccination campaign
The Department of Veterinary Services said it was targeting to vaccinate 87 000 cattle in Chipinge district this year, up from 14 000 last year. The massive exercise is in response to an outbreak of anthrax in Chibuwe, Dakate, Zamuchiya and Chisumbanje where at least 15 cattle reportedly died last week. These communities are close […]

Business Africa

Recent Posts

Equity gets Sh10.8bn for lending to SMEs October 6, 2020
Google to Pay $1 Billion to News Publishers on Google News Showcase October 6, 2020
KCB Boosts Schools Reopening With Up To Sh250mn Secured Loans October 6, 2020
Kenyan Women Entrepreneurs to Benefit from Sh3.2bn White House Initiative October 6, 2020
Bitcoin Trades higher After SEC Jay Clayton Commends Blockchain October 6, 2020

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Equity gets Sh10.8bn for lending to SMEs

October 6, 2020October 6, 2020 by onlinecash

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KCB Boosts Schools Reopening With Up To Sh250mn Secured Loans

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Recent Posts

Equity gets Sh10.8bn for lending to SMEs
Google to Pay $1 Billion to News Publishers on Google News Showcase
KCB Boosts Schools Reopening With Up To Sh250mn Secured Loans
Kenyan Women Entrepreneurs to Benefit from Sh3.2bn White House Initiative
Bitcoin Trades higher After SEC Jay Clayton Commends Blockchain
Listing Loan Defaulters with CRBs Resumes

Equity gets Sh10.8bn for lending to SMEs

October 6, 2020

Comments Off on Equity gets Sh10.8bn for lending to SMEs

Google to Pay $1 Billion to News Publishers on Google News Showcase

October 6, 2020

Comments Off on Google to Pay $1 Billion to News Publishers on Google News Showcase

KCB Boosts Schools Reopening With Up To Sh250mn Secured Loans

October 6, 2020

Comments Off on KCB Boosts Schools Reopening With Up To Sh250mn Secured Loans

Kenyan Women Entrepreneurs to Benefit from Sh3.2bn White House Initiative

October 6, 2020

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