Vodacom Group Ltd., Africa’s largest phone company by market value, has reported an 18% decline in first-half net income, primarily due to currency devaluations in Egypt and Ethiopia. The company’s net income fell to 6.84 billion rand ($...
The government of Kenya is planning to introduce a new medical insurance scheme specifically for civil servants, outside of the recently launched Social Health Insurance Fund (SHIF). This proposal comes from the Treasury Cabinet Secretary, John Mbad...
The 29th Conference of Parties (COP29) opens today in Baku, Azerbaijan, marking another crucial chapter in global climate negotiations. The 12-day conference follows last year’s significant Dubai meeting, where nations achieved two major breakt...
In the immediate aftermath of what is described as Trump’s victory over Vice President Kamala Harris, African leaders have moved quickly to establish connections with the incoming administration. Leaders including Kenya’s William Ruto, Eg...
Kenyan fintech startup Chumz is expanding its operations to Rwanda after achieving significant success in its home market. Chumz, which was formed in late-2019, has developed a mobile app that helps users set and achieve their saving and investment g...
The Communications Authority (CA) of Kenya has provided clarity on the new tax compliance system for mobile phones. CA Director General David Mugonyi acknowledged that Kenyans had expressed concerns about data privacy, and he addressed these concerns...
OpenAI has recently secured a massive $6.6 billion funding round, which is being hailed as the largest venture capital round in history. This latest investment values the company at an astounding $157 billion post-money, bringing their total raised c...
The African Development Bank Group has unveiled a new digital platform called the Gender Marker System Dashboard to track the progress of gender equality mainstreaming in its projects across Africa. This online tool is an extension of the Bank's exi...
Yesterday, we witnessed the first step of the Deputy President Rigathi Gachagua’s impeachment process, here’s what you need to know about the impeachment process in Kenya: Impeachment is a critical constitutional process vested on the Constit...
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