In a significant development for the African tech landscape, US-based tech firm Intellimedia Networks Africa has revealed its intentions to broaden its reach across the continent, with Kenya serving as the pivotal starting point for this ambitious endeavor. The company’s strategic decision to enter the African market has already materialized in the form of a …
NCBA Witnesses Surge in Digital Loan Disbursements, Driven by Fuliza and M-Shwari
The National Commercial Bank of Africa (NCBA) has reported a substantial increase in digital loan disbursements during the first half of the year, attributing this growth to the popularity of its digital lending platforms, particularly Fuliza and M-Shwari. According to the latest financials for H1 2023, these digital channels have played a pivotal role in …
Unlocking Food Security Through Contract Farming: A Path Towards Prosperity
Let’s dive into a critical topic that resonates deeply with the heart of our land—Kenya and the East African Community. The winds of change are blowing in the agricultural sector, and the East African Business Council (EABC) is sounding the trumpet for an innovative approach—contract farming. This not only promises to enhance our food security …
Uganda Airlines to Ramp Up Flights to Mombasa Amid Growing Trade and Tourism
Uganda Airlines is set to increase its flights to Mombasa, a move that reflects the growing significance of the route in the airline’s operations. The airline currently operates three flights a week from Entebbe, Uganda to Mombasa, utilizing CRJ-900 jets with a capacity of 76 passengers each. These flights have been consistently filling up, with …
Kenya Revenue Authority to Train Computer Audit Specialists to Combat Tax Fraud
The Kenya Revenue Authority (KRA) has unveiled plans to bolster its efforts in uncovering tax fraud by training computer audit specialists. This move comes as part of the authority’s strategy to mine data from taxpayers’ computers, including hidden accounts and deleted files, to unveil instances of tax evasion. Sources within the Treasury have confirmed that …