Safaricom extends lead on mobile money transfers

Safaricom has expanded the value of mobile money transfers under its M-pesa platform by 4.45, latest industry data shows, as the company continues to lead in the mobile money market. The value of money transacted on M-pesa in the first quarter of the 2016/17 financial...

President Kenyatta bans maize export

President Uhuru Kenyatta has banned maize exports to the country with immediate effect. This follows ravaging drought in many parts of the country that has affected the grain reserves. Uhuru said a stern action will be taken against those who will be found exporting...

Dangote tops Africa’s rich list

Nigerian billionaire Aliko Dangote has been named as Africa’s richest person for the sixth year running with a $12.1 billion fortune despite his net value falling by $5 billion in 2016. Falling commodity prices and tough economic times in the continent saw 7 rich...