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Tuesday 11 August 2020
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Category: Business

Safaricom eases Lipa na M-Pesa transactions

SAFARICOM has upgraded its Lipa na M-Pesa system to enable customers make faster and private cashless payments at more than 2,500 sales...

KCB nets Sh18 billion profit in third quarter results

KCB Group posted Sh18.04 billion net profits from Sh15.08 billion reported in the same period last year. The results declared on Wednesday...

Jambojet to start flights to Somali and Burundi

LOCAL carrier Jambojet will from tomorrow start flying to Somali and Burundi as part of its plan to grow its regional presence. The airline...

Kenyan consumers shy away from funding grand HQs and big entertainment budgets for Internet providers

Kenyan internet consumers would rather get high quality technical services from providers that offer ‘no frills’ high-speed internet...

Safaricom now seeks to increase M-Pesa daily limit

Telecommunications giant Safaricom has began talks with the Central Bank of Kenya CBK  to review the limit imposed on mobile money...

Gikomba on Fire

  Several traders are counting losses after a fire razed down stalls in Gikomba maket early Wednesday morning. The fire is reported to...

Eveready posts Sh267m profit after asset sales

Eveready East Africa booked a Sh452.4 million gain from the sale of assets, which lifted the battery company into profit in the year ended...

European Investment Bank extends $40M financing facility to I&M Bank

The European Investment Bank (EIB) has agreed a new US $ 40 million financing facility with I&M Bank Ltd that will support investment...