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Africa Business News


M-Shwari savers get fixed account option

CBA and its telecommunications partner Safaricom yesterday introduced the fixed deposit account dubbed ‘Lock Savings Account’.

Posted on 16 June 201


Sacked Mumias Sugar executives summoned over illegal imports

The KPMG report found the two managers guilty of abetting shipment of cheap sugar from Sudan.

Posted on 16 June 201


KBC’s rivals seek court nod to screen World Cup matches

KBC on Friday obtained temporary court orders stopping Star Times and Zuku — operated by Wananchi Group — from airing the World Cup.

Posted on 16 June 201


Eurobond oversubscribed with Sh264bn bids so far

Investor appetite strong despite issue being priced below Treasury targets.

Posted on 16 June 201


2 unions join fight against NSSF new rules

The Act demands that employees raise the monthly contribution from the current Sh200 to a maximum of Sh1,080 and the new rates take effect at the end of this month.

Posted on 16 June 201


IBM seeks Global Entrepreneur of the Year through its exclusive SmartCamps

The IBM Global Entrepreneurial Initiative has been gaining traction in Africa over the last three years. The goal of the initiative — comprising the IBM Global Entrepreneur Programme and SmartCamps — is to build relationships with quality startups and ultimately help accelerate them to market in a quick, cost effective manner while boasting a sustainable [...]

Posted on 16 June 201


M-Shwari savers get fixed account option

CBA and its telecommunications partner Safaricom yesterday introduced the fixed deposit account dubbed ‘Lock Savings Account’.

Posted on 16 June 201


Sacked Mumias Sugar executives summoned over illegal imports

The KPMG report found the two managers guilty of abetting shipment of cheap sugar from Sudan.

Posted on 16 June 201


KBC’s rivals seek court nod to screen World Cup matches

KBC on Friday obtained temporary court orders stopping Star Times and Zuku — operated by Wananchi Group — from airing the World Cup.

Posted on 16 June 201


Eurobond oversubscribed with Sh264bn bids so far

Investor appetite strong despite issue being priced below Treasury targets.

Posted on 16 June 201


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