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Home » Business & Economy » Page 7

Browsing: Business & Economy

Kenya’s mobile money shifts online as agent visits decline despite network expansion

By Michael WandatiMay 7, 20252 Mins Read0

NAIROBI, KENYA — Despite a significant increase in the number of mobile money agents in Kenya, physical visits to these agents have declined, even as person-to-person…

Kenya’s Economy Stumbles: Ruto’s Bottom-Up Agenda Faces Scrutiny

By Michael WandatiMay 7, 20254 Mins Read0

NAIROBI, KENYA — Kenya’s national economic growth experienced a slowdown over the past year, according to the 2025 Economic Survey by the Kenya National Bureau…

President Museveni welcomes Elon Musk’s Starlink in Uganda

By Michael WandatiApril 29, 20253 Mins Read0

KAMPALA, UGANDA — President Yoweri Museveni has expressed his support for a potential partnership with Starlink, the satellite internet service developed by Elon Musk’s SpaceX, aimed…

Kenya suspends gambling adverts, influencer marketing for 30 days

By Michael WandatiApril 29, 20253 Mins Read0

NAIROBI, KENYA — The Kenyan government has announced a 30-day suspension of all gambling advertisements and testimonials across every media platform. The Betting Control and…

Zimbabwe revives gold coin production as global bullion prices hit record highs

By Michael WandatiApril 27, 20253 Mins Read0

HARARE, ZIMBABWE — Zimbabwe has resumed the minting of gold coins to help stabilize its economy, amid soaring global bullion prices that have reached record highs…

Hopes fade for Kenyans, Nigerians seeking refunds from ‘hacked’ crypto trading platform

By Michael WandatiApril 26, 20258 Mins Read0

NAIROBI, KENYA — Thousands of Kenyan investors are facing mounting frustration as hopes for refunds from the collapsed cryptocurrency trading platform, CBEX, continue to fade. The…

Nokia reports net profit drop, says ‘not immune’ to tariff wars

By Michael WandatiApril 26, 2025Updated:April 26, 20252 Mins Read0

HELSINKI, FINLAND — Finnish telecommunications equipment manufacturer Nokia reported a net loss of 68 million euros for the first quarter, attributing the downturn to ongoing tariff…

Crypto on Edge: How Trump’s Economic Policies Are Shaping Digital Asset Prices

By Michael WandatiApril 21, 2025Updated:December 20, 20254 Mins Read0

WASHINGTON D.C., United States — On April 20, 2025, prominent cryptocurrency analyst Michaël van de Poppe shared his insights on the impact of President Donald…

From Ground to Growth: Uganda Plans to Trade Minerals on Stock Market

By Michael WandatiApril 20, 2025Updated:April 20, 20253 Mins Read0

KAMPALA, UGANDA — The Ministry of Finance is actively engaged in establishing a national commodities exchange with the primary goal of securitizing Uganda’s mineral resources and…

MultiChoice Uganda launches ‘Ka Weekie’: Affordable 7-day DStv & GOtv packages

By Michael WandatiApril 18, 20253 Mins Read0

KAMPALA, UGANDA — MultiChoice Uganda has officially introduced a new range of 7-day subscription packages for both DStv and GOtv subscribers, under a flexible and budget-conscious…

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