Competition Authority of Kenya Fines Mogo for Misleading Its Customers
October 7, 2024
Last week, the Competition Authority of Kenya (CAK) fined Mogo Kenya Ksh 10.9 million for misleading its customers. The Authority accused Mogo of engaging in false and misleading representation and unconscionable conduct against its customers….
Safaricom Hook Circle, a Nationwide Youth Upskilling Initiative, Officially Launched
October 7, 2024
Safaricom through its youth platform Safaricom Hook has today officially kicked off a nationwide series of upskilling bootcamps dubbed the ‘Safaricom Hook Circle,’ aimed at empowering young people around 3 pillars: in technology, careers, and…
AfricInvest and Health Finance Coalition Launch $111 Million Transform Health Fund
October 7, 2024
AfricInvest and The Health Finance Coalition (HFC) today announced the final close of the pan-African Transform Health Fund (THF), an innovative blended-finance fund that aims to bolster healthcare systems in Africa by scaling proven and…
Check Point Software Named a Leader in Enterprise Firewall Solutions Evaluation, According to Independent Research Firm
October 4, 2024
Check Point Software Technologies has today announced its position as a leader in The Forrester Wave™: Enterprise Firewalls, Q4 2024 report. Forrester, a leading global research and advisory firm, states in its report that, “Check…
Samsung Expands Market Presence with New Shop-in-Shop in Kakamega
October 4, 2024
In collaboration with Samsung Electronics East Africa, Smart Things Executive Store today announced the opening of its first official Shop-in-Shop (SIS) in Kakamega County. This milestone aligns with Samsung Electronics East Africa ambitious strategy, aimed at bringing cutting-edge technology closer to…
Absa Kenya Foundation Launched to Drive Societal and Environmental Impact
October 4, 2024
Summary Absa Bank Kenya has officially launched the Absa Kenya Foundation (AKF) as a social arm that will accelerate its positive impact and sustainability commitments within the community. The Foundation, which will be sponsored by…
Standard Chartered Bank Strengthens Foreign Currency Investments for Kenyan Investors
October 4, 2024
Standard Chartered Bank cements its foreign currency investments as investors increasingly seek opportunities beyond local markets. This year, the bank introduced US Corporate Bonds, USD Government bonds, and its own curated funds – Signature CIO…
Kazang Pay launches card acquiring service in Zambia
October 4, 2024
Kazang has launched its Kazang Pay card acceptance solution for merchants in Zambia. Kazang Pay makes it affordable for merchants to accept card payments on the same Kazang terminal they use to sell prepaid products…
Uber Safari Launches in South Africa, Offering Exclusive Wildlife Adventures
October 3, 2024
Uber has announced the launch of uber Safari in South Africa to offer riders access to Africa’s most iconic experiences. The service is currently available in Cape Town only. Uber Safari can be accessed through…