Somalia to suspend flights to Mogadishu Feb 22

The Somali government has announced the suspension of commercial flights to and from Mogadishu’s Aden Adde International Airport on February 22 when president-elect Mohamed Abdullahi Mohamed will be sworn into office. In a statement on Wednesday, the Ministry of...

Blackberry sues Nokia in patent clash

Blackberry is suing Nokia over claims that the Finnish company has made use of nearly a dozen of its inventions without permission. The patent infringement allegations concern data transmission technologies involved in 4G and other types of mobile networks. The...

CBK’s website best among regulators

The Central Bank of Kenya’s website has been feted as the best among regulators during the fourth annual Central Banking Awards. “The Central Bank of Kenya’s impressive new website was the result of extensive research undertaken to ensure it met international best...

Banks to rival M-Pesa, lower transaction fees

Commercial banks hope to ride on below-market rates to drive subscriptions on their mobile money transfer system which goes live next month. The lenders are seeking a share of fees from highly growing multi-trillion-shilling mobile money payment transactions,...

Madison unveils savings plan for higher education

Madison Group yesterday launched Madison UniPlan, a savings scheme for financing university and college education. “We are proud to be pacesetters in critical development sectors such as education and it is in our best interest to equip Kenyans with the ability...