News
KENYA REVENUE AUTHORITY WINS KSHS.2.5 BILLION SUGAR IMPORTATION COURT CASE
Special Correspondent -0
The Kenya Revenue Authority (KRA) has won a KShs.2.5 billion Court case against sugar importer Darasa Investments Limited.
KRA will therefore execute its mandate of collecting the accrued import duty on the 40,000 metric tonnes of sugar imported by Darasa Investment Limited.
Darasa Investments Limited (the importer), had earlier moved to the High Court seeking Judicial Review orders barring KRA from...
The 26th edition of Kenya Homes Expo has kicked off at the Kenyatta International Convention Centre. This year’s edition is sponsored by Blue Triangle Cement and will be called the Blue Triangle Homes Expo.
The Expo features a long list of regular and new exhibitors from real estate and allied sectors showcasing home and home improvement, and lifestyle products.
Among...
Fertilizer subsidies given to farmers by the government could be impoverishing farmers, according to new World Bank Report.
According to the 2018 World Bank Kenya Economic Update, the subsidies only benefit wealthy farmers and companies that supply fertiliser, rather than small-scale farmers.
“Targeted input subsidy programmes that are able to raise smallholder crop productivity remain critical to raising overall productivity...
After years of chasing the dream of clean energy, Apple announced that it's facilities are now 100 percent powered by renewable sources. That's up from the 96 percent in 2016, according to its latest energy report. Apple claims the new milestone covers power usage in its stores, offices, data centers and co-located sites across 43 countries. As for manufacturing,...
News
Merck Foundation Announce the Call for Application for Merck Hypertension and Diabetes Awards 2018
Special Correspondent -
Merck Diabetes and Hypertension Awards 2018 will be rolled out in many African and Asian Universities in more than 30 countries
Merck Foundation (www.Merck-Foundation.com), the Philanthropic arm of Merck KGaA Germany (www.Merck.com), announced the Call for application for Merck Diabetes and Hypertension awards 2018, across the African and Asian Universities through its Merck Capacity Advancement Program with the aim to...
It's no secret that Instagram has had serious Snapchat envy for a while, but what got the ball rolling? If you believe Bloomberg, it's none other than Mark Zuckerberg himself. A source talking to the news outlet claimed that Instagram's founders refused to replicate Snapchat's Stories feature until the Facebook CEO personally asked for the feature. He was concerned...
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Ecobank Group partners with MTN to deepen financial inclusion across Africa
Special Correspondent -
MTN (www.MTN.com) has announced a collaboration with Africa’s leading independent banking group, Ecobank Transnational Incorporated (ETI) (www.Ecobank.com), enabling both companies to leverage each other’s assets that will ultimately offer more value to their respective customers across the continent. MTN’s large subscriber base, comprehensive distribution, innovative digital products and drive for mobile financial services are being linked with...
News
WorldRemit partners with Lebara to connect new customers to its money transfer service to Africa
Special Correspondent -
The strategic partnership unlocks digital money transfers for millions of Lebara customers to send money to over 40 African nations
Lebara (https://Mobile.Lebara.com) and WorldRemit (www.WorldRemit.com), two leading brands serving international residents, have entered into a strategic partnership making WorldRemit the exclusive global money transfer partner of Lebara, including transfers to over 40 African countries.
The deal allows over 3 million...
Safaricom's Director of Consumer Business Sylvia Mulinge has been appointed the head of Tanzania's Vodacom.
Bob Collymore, the company's Chief Executive Officer, made the announcement on Monday.
"Mulinge has been appointed Managing Director effective June 1, 2018. She will be taking over from Ian Ferrao," Collymore said.
"Throughout her 17-year career, she has built a reputation as one of Kenya’s outstanding business...
Safaricom has announced a partnership with PayPal and TransferTo that will allow M-Pesa users to receive money from any PayPal account across the world directly into their M-PESA accounts in real time.
Also, it will be possible for PayPal users in Kenya to load their PayPal wallets via M-Pesa PayBill number 800088. PayPal is believed to be using the partnership...