Business

CA Proposes New Regulations for Satellite Communication Service Providers

The Communications Authority of Kenya (CA) has proposed new regulations that would require satellite communication service providers, including Starlink, to…

2 years ago

Mass Closure of Companies Now Raise Concerns on Unemployment Rate

Mass closure of companies amid rising unemployment in Kenya, now reflects deeper structural challenges in the country's economic fabric, which…

2 years ago

Uncertainty Hit World Stock Market at New Year Due to Concerns Over Trump’s Policies

Global stock markets have started 2025 with uncertainty and volatility, primarily due to concerns over incoming U.S. President Donald Trump's…

2 years ago

Museveni Calls For East African Common Market For Regional Wealth Creation

Ugandan President Yoweri Kaguta Museveni has asked East African states to establish an effective Common regional Market to drive for…

2 years ago

How Emergence of Starlink Sparked Improvement on Internet Speed in Kenya

Elon Musk's Starlink entry in Kenya has sparked competitive improvements among local internet providers, allowing Kenya to fix its internet…

2 years ago

Kenya Leads East African States Recording Highest Diaspora Remittances

Kenya leads East African states in terms of diaspora inflows, receiving $4.8 billion in 2024. Somalia follows by $1.73 billion…

2 years ago

Moi Family Involved in M-PESA Fund Fights

The battle for control of M-Pesa-backed unit trusts has entangled the Moi family, with delays in launching the product and…

2 years ago

UAE Becomes Africa’s Top Investor with $110B in Projects

The United Arab Emirates has emerged as Africa's leading investor, committing $110 billion to new business projects between 2019 and…

2 years ago

Safaricom Seeks For Comprehensive Device Insurance

Safaricom, Kenya’s leading telco has begun looking for proposals for a comprehensive device insurance solution, aiming to have the insurance…

2 years ago

Spiro to Build First EV Assembly Plant in Nigeria

SPIRO electric mobility company plans to establish its first electric vehicle assembly facility in Ogun State, Nigeria, by March 2025.…

2 years ago