Banking, Brands

MVisa Transaction Fees Scrapped Off

Local mVisa transaction fees have been scrapped off following a statement from Visa Group Country Manager Andrew Torre. This follows a partnership by Visa and nine Kenyan banks who will offer free person-to-person transactions. The nine banks include Barclays Bank, Cooperative Bank, Ecobank, Family Bank, KCB Bank, National Bank of Kenya, NIC Bank, Prime Bank,… Continue reading MVisa Transaction Fees Scrapped Off

Brands, Tech

Safaricom simplifies access to M-Pesa APIs to businesses in the country

Safaricom yesterday announced the release of a feature-rich M-PESA Application Programming Interfaces (APIs) portal to businesses in the country. The portal dubbed Daraja, will enable businesses to easily integrate with M-PESA drastically cutting down the more than 60 days it took businesses to link to M-PESA. Through Daraja, businesses can now seamlessly integrate both Lipa… Continue reading Safaricom simplifies access to M-Pesa APIs to businesses in the country

Banking, Business

Safaricom becomes first Kenyan company to hit the Sh 1 trillion valuation milestone

Safaricom on Friday became the first company to hit the Sh. 1 trillion market capitalization in Kenya. This is after its stock on the Nairobi Securities Exchange climbed to hit an all time high of Sh. 25. The stock closed at Sh. 24.50 a piece. This gave it a market capitalisation of Sh.981.6 billion —… Continue reading Safaricom becomes first Kenyan company to hit the Sh 1 trillion valuation milestone

Business

Business tycoon and Alibaba Founder Jack Ma lands in Africa for a three-day entrepreneurial visit

Jack Ma, the founder and executive chairman of Chinese e-commerce behemoth Alibaba, jetted into Nairobi Wednesday evening, starting a packed two-day visit that peaks with a public appearance at the University of Nairobi this afternoon to offer Kenyan youth tips on how to build successful business empires. The two-day visit to Kenya is in a… Continue reading Business tycoon and Alibaba Founder Jack Ma lands in Africa for a three-day entrepreneurial visit

Tech, Travel

Safaricom’s Taxi hailing app, Little Cab expands to Kisumu

Craft Silicon has announced that taxi hailing service, Little, powered by Safaricom is now available in Kisumu and the surrounding Towns. The launch comes eleven months since the hailing service was officially unveiled in Nairobi last year. The service is now available in three major towns, Nairobi, Mombasa and Kisumu with a planned launch in… Continue reading Safaricom’s Taxi hailing app, Little Cab expands to Kisumu

Tech

Safaricom undergoes rebrand after 17 years

Safaricom Limited on Saturday night, announced the repositioning of the Safaricom brand from a telecommunications brand to a digital lifestyle enabler through a new brand campaign titled Twaweza: when we come together, great things happen. The new brand position seeks to connect Kenyans to each other and also connect them to knowledge and information in… Continue reading Safaricom undergoes rebrand after 17 years

Tech

Good news for Kenyan musicians earning from Skiza

SKIZA is one of the platforms created by Safaricom over the last sixteen years to provide a forum for Kenyan musicians to sell their music and offers them a chance to reach the company’s 28 million subscribers. There are currently 11 million users of the service, which houses over 132,000 tunes. Safaricom yesterday announced a… Continue reading Good news for Kenyan musicians earning from Skiza

Banking

CBA Group set to acquire Crane Bank Rwanda

CBA has finally announced that it has signed a definitive Sale & Purchase Agreement (“SPA”) to acquire 100% of Crane Bank Rwanda from Uganda’s dfcu Bank Limited. In a statement, CBA said that the transaction is subject to regulatory approval by National Bank of Rwanda (BNR), Bank of Uganda (BoU) and Central Bank of Kenya… Continue reading CBA Group set to acquire Crane Bank Rwanda

Brands

New Chinese Menswear Store, ZOPO, Launches at Garden City Mall

Leading Chinese retailer, Zopo, has opened an ultra-modern menswear store at Garden City Mall -  one of the largest malls in the region. Zopo is a new dedicated menswear shop targeting the modern and sophisticated man with an eye for high quality and trendy collections. The store’s opening in Kenya will be the brand’s first… Continue reading New Chinese Menswear Store, ZOPO, Launches at Garden City Mall