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Business

CEO Weekend: Equatorial commercial bank partners Postbank to roll out agency banking

Recently, the Equatorial Commercial Bank won the 2014 2nd Runner up for the Best Bank in Mobile Banking in the Think Business Banking Awards with Ms.ECB Acting MD, Ms. Shamira Dostmohamed terming it “a deliberate effort to provide convenience that our...

Business

I&M And MobiKash Have Signed A Banking Agency Pact

I&M bank and Mobikash are looking into making it big in the business of agency banking; this partnership will see the lenders customers deposit and withdraw money from the 500 mobile money transfer service agent’s network. In all...

Startups

Kenya’s Fandit wants to be the crowd-funding platform for artists

Kenya's Fandit is new crowd-funding platform aimed at helping artists to raise money and stay afloat as they do thier day to day businesses. The crowd-funding platform allows artists to create projects and offer and put them up for...

Startups

GoMetro & 11 others win the over $500,000 Design Innovation Seed Fund

GoMetro, a transport system analytics startup and 11 others have recieved 555,000 (R6.5million) from the Design Innovation Seed Fund (DISF) as the best Western Cape ideas. Launched in August 2014, the DISF is a partnership between the Western Cape Department...

Tech

Ghafla hits 2 million readers | Might do better with Ghafla Radio

Kenya's biggest entertainment blog by unique visitors and revenue has announced a huge milestone amidst growing competition and backlash due to the raunchy content the site publishes. Sam Majani, the founder and CEO said,"Just three months ago I was sitting...

Tech

LG Scoops 41 Awards At 2015 International CES SHOW

LG Electronics won 41 awards at the 2015 International Consumer Electronics Show (CES), led by LG’s show-stopping G Flex2 smartphone, stunning flat and curved 4K OLED TVs and revolutionary TWIN™ Wash System with mini washer. LG earned honor from Engadget, USA...

Startups

African entrepreneurs share the challenges of being a business pioneer

Press Release:This month on CNN's ‘African Start-Up’ 30 minute special, viewers are treated to a plethora of business innovators who are familiar with what it takes to run a successful business in Africa and overcome the challenges that come...

Telcos

Telkom Kenya Limited speaks out strike notice by unionised staff

Integrated telecommunications solutions provider Orange confirms that some of its unionised staff have withdrawn labour with effect from Wednesday, October 8, 2014. The notice to strike has been occasioned by a list of four issues, as listed by the Communication...

Business

Nigeria’s Middle Class Spend $1.3BN Monthly in Online Transactions

E-commerce in Nigeria records over $2m worth of transactions per week and close to 1.3bn per month from the 38% of Nigerians who prefer to buy products through the internet, according to a survey conducted by the business management...

Tech

CEO Weekends: Kenya Not too Digital After All

We have been hoodwinked to think Kenya is a digital country by our elite or not so elite politicians, well at least most of us. I decide to get analytical and see just how digital we are. ICT has been...

Business

CEO Weekends: Barclays Customers to pay more on ATM fees for foreign cards

Barclays Bank customers will have to pay Sh355 ($4) service fee for any transaction on its ATMS when using foreign debit and credit cards effective Monday, a move that is expected to boost transactional earnings and grow its non-funded...

Business

Uganda’s Beyonic & Mercy Corps Partner to Make Mobile Money Real-Time

Mobile payments are taking over in East Africa after the launch of mobile money. However, there are various challenges to users. Most times, payees may not be able to cash-out when needed and at times mobile money agents too lack...

Business

Airtel Money Seals Deal with BGFI Bank Group to Reach Customers Across 4 Countries

Bharti Airtel Africa has signed a deal with BGFIBank Group, a financial services institution present in 10 countries in a move that will see its mobile money services reach BGFIBank customers in Gabon, Republic of Congo, Democratic Republic of...

Business

Wachira Njuguna to step aside for NHC audit

Kenya’s land ministry has asked National Housing Corporation (NHC) Managing Director WACHIRA NJUGUNA to step aside by the Lands Ministry to allow an audit by the ministry. Mr. Njuguna will be handing over his office tomorrow to an official seconded...

Tech

Google introduces app for taking selfie shots

Google has added a remote shutter control feature to its Google Camera app to allow users take selfie shots without having to extend their arms. The updated app also allows users to bring their Android Wear smartwatch into play as...

Tech

Epson’s Moverio Smart Glasses Tested in Disaster Response System

At the end of May this year, Epson and the National Institute of Information and Communications Technology (NICT), conducted tests in the city of Sakaide in Kagawa Prefecture, Japan, to explore the feasibility of a new post-disaster rapid-response system...

Tech

NIMASA Launches Satellite Surveillance, Rescues Ghanaian Vessel

The Nigerian Maritime Administration and Safety Agency (NIMASA) has launched its satellite surveillance system, which, in conjunction with the Nigerian Navy and the Nigerian Air Force, successfully rescued Ghanaian Fishing Vessel Marine 711 from suspected hijackers on Thursday, June 5, 2014. The Ghanaian...

Business

What Heshan De Silva Really Does | Part I

Heshan de Silva needs no introduction. He has been in press for both good and not so good reasons but the devout Christian says he is not stopping his good deeds to the businesses he has funded and the...

Business

MTN & Vivo Partner To Enhance Mobile Money In Africa

MTN has partnered with fuel providing giant, Vivo Energy to introduce points service system for the telecommunication company’s mobile money customers. Vivo Energy operates across 16 African markets and distributes and markets Shell branded products. David Mureithi, executive vice president for...

Tech

Kenyan Wildlife Sanctuary to Use Drones to Fight Poaching

The Ol Pejeta Wildlife Sanctuary has a new reason to love technology; they will soon employ the ‘Aerial ranger’ to help them fight poaching in Kenya as well as reduce costs of conducting wildlife census. The Sanctuary has received legal...

Tech

8 Movies Every Geek Should Watch (And Love)

Without meaning to sound rude, you should probably have watched Star Wars by now. I’d hasten to add the Alien quadrilogy, Predator and 2001: A Space Odyssey to that list as well – but those are the obvious ones. Today’s...

Tech

Challenging 2013 Technology Resolution

A lot has been expected to be accomplished by the end of 2013; we (most of the African countries) were to be floating in the digital world by this year. For some the resolutions have been made but for...

Tech

Is it Denzel Washington or Dwayne Johnson for Green Lantern in Batman Vs. Superman?

Denzel Washington A new rumor suggests that the actor is in early talks for the role of John Stewart. An earlier report had the Oscar-winning actor playing Lex Luthor, so which is it? Not the most trusted scoop site on the...

Tech

Sunday Night Movies with the family

Sunday night should be everyone's family movie night. So here's my guide to a perfect evening with the family: 5. Snow White and the Seven Dwarfs (1937) When you watch this extraordinary effort today, you can see the company's decades-old recipe...

Startups

CEO Weekends: 10 Proven Methods That Successful Startups Live By

Human effort everyday is towards achievement, whether they are working on a profit business or running a charity. Some of this success comes in a way of return on invesments or impact. Many os us won't give up unless...

Startups

Five Ways to Create a Monopoly

Here are five ways you can follow to create a monopoly just like some firms have moved from being just mere upstarts to serving man's every little need on the internet. It’s hard to maintain monopoly status in a free...

Tech

The Supercomputer Will Be Hosted In South Africa

Chances of South Africa being the holder of the next record-breaking supercomputer are extremely high. The supercomputer has Exabyte capacity and compute power in the Exaflops (floating point instructions per second) range. Dr Happy Sithole, from the Centre for High...

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