What is this driving Safaricom stock's market rally?
Early this month, Safaricom shares touched an all-time high of Sh25. The stock’s value has risen by about a third this year, driven by what analysts attribute to good financial performance of the telco.
By Jevans Nyabiage 6 years ago
What is this driving Safaricom stock's market rally?
How birth of M-Pesa sealed Orange Telkom’s fate
When newly-privatised firm started its mobile race, rivals had already done a few rounds.
By Macharia Kamau and Jevans Nyabiage 6 years ago
How birth of M-Pesa sealed Orange Telkom’s fate
Smartphone giants battle for market share with new releases
Tech giants were back to show their might at the Mobile World Congress (MWC), the world’s largest gathering for the mobile industry.
By Jevans Nyabiage 7 years ago
Smartphone giants battle for market share with new releases
Legendary Nokia 3310 relaunches with basic Internet – and Snake
The Nokia 3310 has made a comeback, 17 years after its first launch. The phone was reintroduced at the Mobile World Congress (MWC) in Barcelona, Spain, yesterday, and you can play the legendary Snake game on it, just like in the old times.
By Jevans Nyabiage 7 years ago
Legendary Nokia 3310 relaunches with basic Internet – and Snake
IBM unveils technology that warns of severe weather
IBM and its subsidiary the Weather Company have introduced new Mesh Network Alerts, a technology that will enable users communicate even in instances where there is limited connectivity.
By Jevans Nyabiage 7 years ago
IBM unveils technology that warns of severe weather
Kenyan start-up lands Sh110 million funding
Technology start-up Bamba Group has announced raising $1.1 million (Sh110 million) in the first round of investment as it eyes expansion into the region.
By Jevans Nyabiage 7 years ago
Kenyan start-up lands Sh110 million funding
Safaricom introduces real time price checks on M-Pesa
Safaricom has updated its mobile money transfer service Mpesa to enable customers to automatically receive information on the cost of each transaction.
By Jevans Nyabiage 7 years ago
Safaricom introduces real time price checks on M-Pesa
Palm oil breeds newest crop of billionaires in Kenya
Before leaving your house this morning, you likely ate or took a shower using a product with this unique oil.
By Jevans Nyabiage 7 years ago
Palm oil breeds newest crop of billionaires in Kenya
Want Sh13 million funding for your startup? Here’s an opportunity
Promising startups have a chance to win Sh13 million in a new initiative launched by mobile phone operators.
By Jevans Nyabiage 7 years ago
Want Sh13 million funding for your startup? Here’s an opportunity
Why Kenya's mobile subscription figures could be inflated
Kenya has 26 million or even less mobile phone subscribers, a new report says.
By Jevans Nyabiage 7 years ago
Why Kenya's mobile subscription figures could be inflated
Kenya’s bid to recover millions stashed in offshore accounts
The Government is moving to recover millions of shillings illegally stashed in foreign countries in the fight against corruption.
By Jevans Nyabiage 7 years ago
Kenya’s bid to recover millions stashed in offshore accounts
100 years on, ghosts of past policies haunt Barclays
The UK lender last week announced it would be selling its majority stake in its African operations, which include a unit in Kenya.
By Jevans Nyabiage and Kagure Gacheche 8 years ago
100 years on, ghosts of past policies haunt Barclays
What the exit of Orange, yuMobile tells us about Kenya's telecoms scene
After about six years of what was the false dawn of a competitive Kenyan telecoms market, Charles Darwin’s theory of survival of the fittest is defining the industry.
By Jevans Nyabiage 8 years ago
What the exit of Orange, yuMobile tells us about Kenya's telecoms scene
French exit: After entry marked by big promises, Orange to leave behind a limping Telkom Kenya
The French’s eight-year expedition in the Kenyan telecoms market ends next month, Business Beat has learnt.
By Jevans Nyabiage and Paul Wafula 8 years ago
French exit: After entry marked by big promises, Orange to leave behind a limping Telkom Kenya
EU States in new financing plan, set aside Sh333b for Vision 2030
Europe is changing the way it finances development in Kenya, a move it says will make its member States more accountable, controlled and coordinated.
By Jevans Nyabiage 8 years ago
EU States in new financing plan, set aside Sh333b for Vision 2030
Kenya pursues nuclear power as rest of the world slows down over risks
Kenya is forging ahead with plans to set up its first 1,000 megawatt (MW) nuclear power plant by 2023 as part of an ambitious development agenda.
By ABY AGINA and JEVANS NYABIAGE 8 years ago
Kenya pursues nuclear power as rest of the world slows down over risks
Mumias bailout: Will Kenyan taxpayer billions revive firm living on a wing and a prayer?
In the coming weeks, the Government is expected to embark on a mission to rescue the ailing, loss-making miller, Mumias Sugar Company.
By Jevans Nyabiage and Wanjala Were 9 years ago
Mumias bailout: Will Kenyan taxpayer billions revive firm living on a wing and a prayer?
Parliament investigates ERC over oil price-fixing claims
The National Assembly is investigating claims that the energy regulator could be abusing its mandate of setting fuel prices.
By Jevans Nyabiage 9 years ago
Parliament investigates ERC over oil price-fixing claims
Fuel prices: Whose interests does energy regulator serve?
Kenya’s energy regulator is in a spot once again for raising fuel pump prices, with Kenyans saying they are yet to fully benefit from the drop in global crude oil prices.
By Jevans Nyabiage 9 years ago
Fuel prices: Whose interests does energy regulator serve?
Rebasing made Kenya look richer... but only on paper
Kenya recently rebased its economy. As a result, the estimated gross domestic product (GDP), which is the measure of the country’s economy for 2013, was 25 per cent larger than previously estimated. In a layman’s language, rebasing is recalculating the GDP.
By Jevans Nyabiage 9 years ago
Rebasing made Kenya look richer... but only on paper
Kenya could export crude oil next year
Kenya could be an oil exporting country as early as next year, as it races ahead of Uganda, which discovered the resource about nine years ago.
By Jevans Nyabiage 9 years ago
Kenya could export crude oil next year
Pain as multinationals axe hundreds
Chances of getting employment this year looks slimmer as several multinationals restructure and some, especially those in manufacturing, exit the country.
By Jevans Nyabiage 9 years ago
Pain as multinationals axe hundreds
Investors’ dilemma over capital gains tax
Confusion continues to rein in the stock market over introduction of capital gains tax (CGT). This follows a stand-off between stockbrokers and the taxman over how the tax will be administered.
By Jevans Nyabiage 9 years ago
Investors’ dilemma over capital gains tax
Theft at pump: Why Kenyans should be paying Sh80 for a litre of petrol
Kenya’s energy regulator could be handing hefty profits to oil marketers at the expense of consumers.
By Jevans Nyabiage 9 years ago
Theft at pump: Why Kenyans should be paying Sh80 for a litre of petrol
State on the brink of acquiring land for new railway at Sh10 billion
The Government had by last week disbursed about Sh3 billion for land it has acquired for construction of the Standard Gauge Railway (SGR).
By Jevans Nyabiage 9 years ago
State on the brink of acquiring land for new railway at Sh10 billion
Falling oil prices to boost aviation
Falling oil prices could help boost a weak global economy and lower average airfares by 5 per cent in 2015, International Air Transport Association (IATA) has said.
By Jevans Nyabiage 9 years ago
Falling oil prices to boost aviation
Local wheeler-dealers eyeing stake in Telkom Kenya complicate Orange exit
The intrigues surrounding the exit of the Frenchmen in Telkom Kenya have deepened, as it emerges that a cabal of local businessmen are after a piece of the telecoms operator.
By Jevans Nyabiage and Wanjala Were 9 years ago
Local wheeler-dealers eyeing stake in Telkom Kenya complicate Orange exit
Counties where a decent meal is a dream
Kenya recently rebased its economy, which in a layman’s language means recalculating the gross domestic product (GDP), the measure of the country’s economy.
By Jevans Nyabiage 9 years ago
Counties where a decent meal is a dream
Uchumi CEO points finger at ‘faceless investors’ for drop in share price
In the rarefied realm of Jonathan Ciano, the master of turnarounds in Kenya, conversation usually revolves around good things. Expansion. Change. Growth.
By Jevans Nyabiage 9 years ago
Uchumi CEO points finger at ‘faceless investors’ for drop in share price
Magoha's tenure at board extended
University of Nairobi vice-chancellor Prof George Magoha, has been reappointed chairman of the Medical Practitioners and Dentists Board. Secretary for Health James Macharia, said Magoha will serve for a five-year term together with 16 other members elected to represent different stakeholders.
By Jevans Nyabiage 9 years ago
Magoha's tenure at board extended
Equity’s free cash transfer is here, what does this mean for consumers?
Equity Bank’s Thin SIM will hit the market in a fortnight, a move expected to ignite competition in the Safaricom dominated mobile money transfer segment.
By Jevans Nyabiage 9 years ago
Equity’s free cash transfer is here, what does this mean for consumers?
Thousands of jobs on the line as tens of firms shut down local units
Chances of getting employment are getting slimmer as manufacturing companies exit Kenya, spelling doom to an economy that was recovering.
By JEVANS NYABIAGE and KWEMOI KAPCHANGA 9 years ago
Thousands of jobs on the line as tens of firms shut down local units
Thousands of jobs on the line as tens of firms shut down local units
Chances of getting employment are getting slimmer as manufacturing companies exit Kenya, spelling doom to an economy that was recovering.
By JEVANS NYABIAGE and KWEMOI 9 years ago
Thousands of jobs on the line as tens of firms shut down local units
Eveready’s powerful light is dimmed by creative technology
Last week’s closure of battery maker Eveready East Africa plant did not come as a surprise to many. The firm, associated with tycoon Naushad Merali has been on the ropes for a while.
By Jevans Nyabiage 9 years ago
Eveready’s powerful light is dimmed by creative technology
Airtel Kenya counts on partnerships to right past missteps
Airtel was once the butt of jokes in the Kenyan telecoms market over the many times it had to rebrand, after changes in ownership that could have confused customers who were unable to keep up.
By ACHARIA KAMAU and JEVANS NYABIAGE 9 years ago
Airtel Kenya counts on partnerships to right past missteps
The Raila factor in yuMobile exit
On a warm September morning last year, Madhur Taneja, Essar Telecom Kenya chief executive made a call to his Safaricom counterpart Bob Collymore.
By Macharia Kamau, Wanjala Were and Jevans Nyabiage 9 years ago
The Raila factor in yuMobile exit
The Raila factor in yuMobile exit
On a warm September morning last year, Madhur Taneja, Essar Telecom Kenya chief executive made a call to his Safaricom counterpart Bob Collymore.
By Macharia Kamau, Wanjala Were and Jevans Nyabiage 9 years ago
The Raila factor in yuMobile exit
Auditor wants payment to fertiliser firm stopped
A total of Sh644.4 million was incurred last year on a project which did not take off and against which no value for money was achieved
By Jevans Nyabiage 9 years ago
Auditor wants payment to fertiliser firm stopped
Public servants staring at job cuts as State moves to ease pay burden
The pain, it seems, is not over for civil servants as the Government embarks on a restructuring mission that could see thousands sent home later this year.
By Jackson Okoth and Jevans Nyabiage 9 years ago
Public servants staring at job cuts as State moves to ease pay burden
Equity to know Thin SIM fate this week
The fate of Equity Bank’s entry into the telecoms industry will be known this week when the industry regulator responds to concerns raised by Safaricom over the bank’s Thin SIM technology.
By Jevans Nyabiage 9 years ago
Equity to know Thin SIM fate this week
Edday Nderitu: May all deadbeats never know peace
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