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Monday, May 17, 2021
Safaricom

Safaricom profit dips 6.8 per cent to KES68.7bn on subdued M-PESA revenue

The move by Safaricom to offer free mobile cash transfers has seen the firm’s net profit for the year ended March 2021 decline 6.8 per cent to KES68.7 billion from KES73.6 billion recorded in the previous trading period. During the year, M-PESA revenue went down by 2.1 per cent to KES82.6 billion from KES84.4 billion in a similar period last year. The decline is...
Covid

Kenya’s positivity rate dips to 3.6 per cent as 12 die of Covid

Kenya’s Coronavirus positivity rate is at 3.6 per cent after 66 people tested positive for the virus from a sample size of 1,833 in the last 24-hour period. This records the lowest percentage since the country started experiencing the heat of the third wave of the virus in March. The country’s infection caseload now stands at 163,620 and the total number...
netflix

It will cost more to binge watch Netflix shows starting May 30

It will now cost you more to binge watch your favourite Netflix shows starting May 30. This comes after the video streaming giant said it will include Value Added Tax in monthly subscription billing going forward. Netflix subscribers will start parting with KES1,100 ($10.30) from KSH950 ($8.90) for the standard package and KES1,450 ($13.58) from KES1,200 ($11.24) for the premium package.
india covid variant

15 more India Covid variant cases detected in Kenya

Kenya has reported 15 more people have tested positive to the Indian Covid-19 variant bringing country’s total cases of the South Asian region strain now stands at 20 after the first five cases were detected a week ago. “The 15 cases are out of 17 samples tested at Kenya Medical Research Institute (KEMRI) in Kilifi,” said Chief Administrative Secretary, Dr Rashid Aman.

Kenya’s positivity rate eases as Africa Covid vaccine purchase worries rise

Kenya has in the last 24 hours recorded another 356 people who have turned positive for Covid-19, from a sample size of 4,424 posting a positivity rate of eight per cent. According to the Ministry of Health, the new infections now push the country’s number of confirmed cases to 163,976 and the number of samples tested so far to 1,725,546. Nairobi...
Covid vaccines

Kenya orders 30 million Johnson & Johnson doses as Covid in India spirals out...

Kenya has placed an order of 30 million Johnson and Johnson Covid vaccine doses which are expected in the country within a year.  Health Cabinet Secretary Mutahi Kagwe said the move is informed by shortage of the AstraZeneca vaccine since India paused exports to plug domestic supply gaps as it fights a devastating Covid wave. Mr Kagwe noted that the raging...

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Central Bank

CBK drills the final nail in Charterhouse Bank’s Coffin

In a special week of June 2006 when music lovers around the world were listening to new banger Hips Don't Lie by...
digital

M-PESA boss among top 50 people defining Africa’s digital path

Kenyans continue to go beyond. From record athletes to entertainers, inventors to techies. Today, we celebrate one of Kenya’s most successful financial services...

JOBS

Jobs: Postbank is hunting for a Human Resource Manager

Postbank is a leading Savings Bank, with a nationwide network and offering a wide range of financial services. Postbank is seeking to recruit a high...

Why Barclays Kenya CEO is optimistic after Absa transition

Absa Kenya CEO Mr. Jeremy Awori says that the transition from Barclays Kenya marks a new chapter of good times for the...

Retail banking in Kenya is becoming sluggish and unpopular

In Kenya today, ‘banking’ is quickly transforming from a place you go, to a thing you do on your Mobile Phone, and Equity Bank...

Kenyans realize they can save for a rainy day because ‘ItCan...

When the first case of the coronavirus pandemic was reported in March, the uncertainties hit homes hardest with ordinary Kenya thrown into...

OTHER NEWS

English Premier League Gameweek Preview

The English Premier League kicked off yesterday at 10.00 pm East African Time. The kickoff was between Manchester United vs. Leicester City. All twenty...

Kenya Power in a bid to promote the manufacturing sector and...

Kenya Power is keen on enhancing service delivery to large power consumers in a bid to promote the manufacturing sector and encourage a 24-hour...

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