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Recent News

MTN Group Sells Jumia Shares
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

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Capital News

Nineteen charred bodies found near Mexico-US border January 24, 2021
Ciudad Victoria, Mexico, Jan 24 – At least 19 charred corpses have been discovered in Mexico near the US border in an area where drug cartels often clash, the Tamaulipas state prosecutor’s office said. Police on Saturday found two burnt-out vehicles containing human remains on a country road near the town of Carmago. Preliminary investigations […]
Govt handling of COVID pandemic scores 47pc average in Infotrak poll January 24, 2021
The period under review was characterized with an economic meltdown and job losses, with security officers being on spot for use of excessive force while enforcing the dusk-to-dawn curfew.
Infotrak ranks healthcare workers best performers in end-year poll at 70pc January 24, 2021
In the findings of a research conducted in 24 counties with a sample population of 800 respondents, the healthcare workers scored 70 per cent followed by the media which had a score of 60 per cent.
65pc of respondents in end-year poll say govt mismanaged economy in 2020 January 24, 2021
Sixty-five per cent of 800 respondents interviewed between December 27 and December 29 said government did not do a good job running the economy.
Venezuela’s Maduro says willing to establish ‘new path’ with US January 24, 2021
Caracas, Venezuela, Jan 24 – Venezuelan President Nicolas Maduro said Saturday he was willing to “turn the page” with the US under President Joe Biden, calling for a “new path” after years of tension with Donald Trump’s White House. “We are willing to walk a new path in our relations with Joe Biden’s government based […]
ODM sets February 26 deadline for 2022 presidential ticket bids January 24, 2021
According to the advertisement an eligible applicant must be a Kenyan citizen, a registered voter, a holder of a degree from a university recognised in Kenya and be qualified to stand for election as a Member of Parliament.
Ghana prepares to bury ex-leader Rawlings as parties vie over legacy January 24, 2021
Rawlings held sway for two decades, first as military ruler and later as elected president.
US Fed holds first policy meeting of Biden administration January 24, 2021
White House spokeswoman Jen Psaki last week said Biden "clearly has a great deal of respect and value for the Federal Reserve and role they play."
Biden speaks with Canada’s Trudeau in first foreign leader call January 23, 2021
Ottawa, Canada, Jan 22 – In his first call to a foreign leader as US president, Joe Biden spoke with Canadian counterpart Justin Trudeau Friday on a number of topics and made plans to continue the conversation next month, Ottawa and Washington said in separate statements. During the conversation, which Canada said lasted approximately 30 […]
Kenya launches robots to cushion health workers from COVID-19 risks January 23, 2021
Kagwe said the three robots named Jasiri (courageous), Shujaa (Hero) and Tumaini (Hope) will revolutionize response to the COVID-19 pandemic in the country.

Business Briefs

Telkom to scale up 4G as balloon-powered Internet deal ends
Telkom had partnered with Alphabet to offer the world’s first commercial high-speed Internet using balloons in remote areas.
BOC gets more time to assess Sh1.24bn takeover bid
BOC board to use the additional time to value the firm and give shareholders an opinion on the Sh1.24 billion takeover offer.
Alphabet shuts down Loon internet balloon business
Loon launched a pilot project in Kenya in 2020 in partnership with Telkom, years behind schedule after regulatory delays.
Court backs Sh14 billion pay deal for varsity staff
Justice Maureen Onyango agreed with the lecturers’ unions and the Inter-Public Universities Council Consultative Forum (IPUCCF) that capping the budget at Sh8.8 billion was not sufficient.
Households squeezed by new rise in food prices
The prices of key food items have climbed significantly over the past couple of months, adding pressure on already cash-starved households.
Banks sucked into Sh24.5bn State stipends row
The State Department for Social Protection has failed to account for Sh24.5billion stipends disbursed to the elderly, the disabled and orphans.

Business Uganda

Miami's successful pitch to tech firms: How can we help?
The latest arrival is New York firm Blackstone, which earlier this month rented a building for a technology unit
Oman bars 'foreigners' from certain jobs amid economic downturn
The work permits of foreigners in some professions will not be renewed after their expiry date
Libya oil output makes high-stake but fragile return
Libya, sitting atop Africa's largest proven crude oil reserves, has been ravaged by conflict since a 2011 NATO-backed uprising that toppled and killed long-time dictator Moamer Gadhafi
Katosi water project 95 per cent complete - National Water
The project, which should be complete in the first quarter of 2021, is expected to sort out water needs of Kampala Metropolitan Area up to 2040

Business Tanzania

Covid-19 robs Tanzania airports of Sh40 billion in revenue
Airports’ domestic revenues will drop by 40 percent in the 2020/21 financial year compared to the preceding year due to the Covid-19 pandemic which disrupted the aviation sector, The Citizen has learnt.
Tigo revamps its e-wallet payment arrangement
Tigo Tanzania yesterday revamped its merchant payment solution service to accommodate new features.
Precision Air renews operating certificate
Precision Air said yesterday that it has been granted its Aircraft Operation Certificate (AOC) renewal after undergoing inspection in December 2020 by the Tanzania Civil Aviation Authority (TCAA).
Consumers Spent Nearly $111 Billion Globally On Mobile Apps In 2020
Studies conducted into consumer expenditure on mobile apps revealed that consumers splashed almost 111 billion USD on mobile apps. Compared to what they spent in 2019, the studies revealed that global consumer expenditure went up in 2020.

Business Rwanda

Female entrepreneur’s journey from labourer to employer
Author(s): Michel NkurunzizaFor several years, Jeanne d’Arc Uwemeyimana, from Kayonza District in Mukarange Sector worked as a labourer tilling land for farmers in t
Creative ways to promote your business offline
Author(s): Edwin AshimweWith the advent of technology, a majority of marketing plans put emphasis on using online platforms such as social media to take a busine
Rwanda moves to stimulate transition to electric vehicles on local market
Author(s): Michel NkurunzizaThe Rwanda Environment Management Authority (REMA) has called upon the public and private institutions as well as individuals to consider
Cybercrime trends you are likely to experience this year
Author(s): Collins MwaiTech and cyber security experts are predicting an increase in cybercrime incidences on the African continent this year with no countries

Business Ghana

PWDs small business owners to receive support through accelerator program
The COVID-19 pandemic has posed numerous threats to the operations and financial sustainability of many businesses and resulted in dire economic consequences. According to a recent COVID-19 Business Survey conducted by the Ghana Statistical Service (GSS), in collaboration with the United Nations Development Programme (UNDP), and the World Bank, the shock caused by the pandemic […]
Public Interest and Accountability Committee gets new chairman
The Public Interest and Accountability Committee (PIAC), the statutory body with oversight responsibility of the management and use of the country’s petroleum revenues, has elected Professor Kwame Adom-Frimpong as its new chairman. Prof. Adom-Frimpong, who represents the Institute of Chartered Accountants, Ghana (ICAG) on the committee, was elected in a unanimous decision by the committee, […]
Producer Price Inflation for December 2020 up 7%
The Producer Price Inflation rate for December 2020 increased by 7.0 per cent year-on-year. This rate represents a 1.1 percentage point decrease in producer inflation relative to the rate recorded in November 2020 (8.1 per cent). The month-on-month change in producer price index between November 2020 and December 2020 was 0.6 per cent. The Producer […]
Ex-Fisheries Minister, Commission clash over fisheries licences
Stakeholders in the fishing industry are questioning the legality of a revocation order issued by former Minister of Fisheries, Madam Elizabeth Afoley Quaye on the 2021 first quarter licenses granted by the Fisheries Commission. Madam Quaye has in a letter dated January 14, 2021 to the Executive Secretary of the Fisheries Commission, directed an immediate […]

Business Nigeria

3G, 4G towers increase from 30,000 to 53,460 in 5yrs
The third-generation (3G) and fourth-generation (4G) base transceiver stations (BTS) deployment in Nigeria has increased from 30,000 to 53,460 while fibre optic transmission... The post 3G, 4G towers increase from 30,000 to 53,460 in 5yrs appeared first on The Guardian Nigeria News - Nigeria and World News.
Concerns over safe sky as accident record worsens
Worried by the dip in aviation safety records globally, experts have pushed for concerted efforts to deepen safer sky across the local operations. The post Concerns over safe sky as accident record worsens appeared first on The Guardian Nigeria News - Nigeria and World News.
Experts list ways to tackle Nigeria's economic woes
Financial experts and other economic stakeholders have stressed the need for the government to create policies and implementation strategies to tackle the challenges posed... The post Experts list ways to tackle Nigeria's economic woes appeared first on The Guardian Nigeria News - Nigeria and World News.
Luminous launches NRGT Tubular batteries, offers 24-month warranty
Simba Group, distributors of Luminous power back-up solutions including inverters, batteries and solar-powered systems, has unveiled the new innovative... The post Luminous launches NRGT Tubular batteries, offers 24-month warranty appeared first on The Guardian Nigeria News - Nigeria and World News.

Business Zim

JUST IN: Reduce Data prices: NACZ
NATIONAL Arts Council of Zimbabwe director, Mr Nicholas Moyo has called on internet service providers to reduce their tariffs for the survival of the arts sector as artists are relying solely on them during this difficult Covid-19 time. As a result of the lockdown that has been ongoing from last year, artists have been relying […]
Take advantage of good rains: President
Ishemunyoro Chingwere Business Reporter President Mnangagwa yesterday challenged farmers to take advantage of good rains being received countrywide and upscale production in a bid to foster economic growth. He said this when he officiated at the double burial of national hero Cde Moton Malianga and heroine Dr Ellen Gwaradzimba in Harare yesterday. The 2020/21 agriculture […]
Postal sector feels the heat
Enacy Mapakame Business Reporter Zimbabwe’s postal and courier services sector has not been spared by Covid-19 as 2020 third quarter figures still trail behind the pre-pandemic period. Apart from the impacts of the pandemic on global movement of goods, the sector has been hit by inflationary pressures resulting in rising operating costs. According to the […]
New Zera board urged to deliver
Business Reporter Energy and Power Development Minister, Zhemu Soda, has challenged the new Zimbabwe Energy Regulatory Authority Board to ensure availability of reliable and affordable energy as the sector is critical for the attainment of an upper middle class economy by 2030. The minister said this at the announcement of the new board on Wednesday. […]

Business Africa

Recent Posts

MTN Group Sells Jumia Shares November 5, 2020
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

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MTN Group Sells Jumia Shares

November 5, 2020November 5, 2020 by onlinecash

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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

October 6, 2020October 6, 2020 by abemartinson216

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Recent Posts

MTN Group Sells Jumia Shares
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

MTN Group Sells Jumia Shares

November 5, 2020

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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

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