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Monthly Archives: September, 2022

Milcah Lukhanyu

Safaricom, NCBA and KCB Restructure Fuliza With Free Daily Fee

  Safaricom (NSE: SCOM), NCBA (NSE:NCBA) and KCB Bank Kenya (NSE:KCB) have today announced a restructuring of the popular Fuliza overdraft facility in a move that will see customers transacting on Fuliza access the overdraft facility at a free daily maintenance fee for the first three days for transactions of...
Dennis Mathu

BMW to make its own voice assistant based on Amazon Alexa

Alexa will be the foundation of BMW's next-generation voice assistant, the two companies announced Amazon’s annual Devices and Services launch event. BMW will not simply integrate Alexa into vehicles as it has in the past. It will build its own assistant using Amazon technology. Within the next two years, the...
Dennis Mathu

Porsche goes public in Germany’s second largest IPO ever.

A few weeks ago, Volkswagen, the parent company of Porsche gave the green light for the Sports car brand IPO. Volkswagen took this route to raise additional funds to boost EV development. Today Porsche AG shares went live at a valuation of 75 billion euros ($72 billion).  That valuation is...