Outgoing Yahoo’s Marissa Mayer to bag $186 Million Paycheck after Verizon acquisition

Outgoing Yahoo’s Marissa Mayer to bag $186 Million Paycheck after Verizon acquisition

The Verizon Communications Inc, Yahoo acquisition deal is set to mature in June 2017. The deal will end Yahoo’s its 21-years an independent company, where Verizon expects to expand its digital advertising and media portfolios. Marissa Mayer, who joined Yahoo four years ago and promised to revitalize the company has struggled to turn around Yahoo’s fortunes. However after the sale, Mayer who owns about $186 million worth of stock, stock options and restricted stock units…

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Orange Bank to go online as Telkom Kenya replaces Orange Money

Orange Bank to go online as Telkom Kenya replaces Orange Money

The French telco Orange is launching a bank late this year in France. According to media reports, Orange CEO Stéphane Richard listed some of the features behind Orange Bank this morning at a press conference. Users will be able create an account in an Orange store or online for free and you don’t have to be an Orange customer. Some of the features include ability to control your payment card directly from your phone. All…

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Radio Africa Group in fight over Kilimani Mums Trademark

Radio Africa Group in fight over Kilimani Mums Trademark

A social media outfit called Kilimani Mums Uncensored is embroiled in a fight for the wonership of the name ‘Kilimani Mums’ after Radio Africa Group claimed ownership of the famous Kilimani mums Nairobi and Kilimani Mums Marketplace Facebook pages. RAG also claim  to have trademarked the two names in 2015. Don’t miss: Intellectual Property: How to register a trademark in Kenya The Admin of the Faceook Group in contention Kilimani Mums Uncensored which has over…

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Uber’s President Jeff Jones Resigns

Uber’s President Jeff Jones Resigns

In an escalating series of happenings that are set to dent the struggling Uber reputation further, the  Uber’s President Jeff Jones has stepped down adding to a growing list of key executives the ride-hailing company has lost in recent weeks. Quick Read: Lyft expands to 54 more US cities as Uber dents reputation Jeff was hired as president just six months ago and the chain of executive departures doesn’t help the organization as the ride-hailing…

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Uber Increases Minimum Fares to 300Ksh after Driver Uproar in Kenya

Uber Increases Minimum Fares to 300Ksh after Driver Uproar in Kenya

The taxi hailing service Uber has increased its minimum fares to 300 Ksh. (3USD) from 200 Ksh after a recent strike by its drivers citing low income. According to a statement sent to us by Uber communications in Kenya, Uber is raising prices in Kenya because they believe driver-partners will earn more as a result of these changes and that riders will continue to enjoy access to a safe, affordable and reliable service. Quick Read:…

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Nokia 3310 Comeback, Will 90’s Nostalgia Boost Phone Sales

Nokia 3310 Comeback, Will 90’s Nostalgia Boost Phone Sales

You guessed it right, the famous 1990’s Nokia 3310 otherwise known as the stupid phone is getting a re-launch. The phone that will be 17 years old in 2017 will be unveiled later today by HMD Global (the Finish company that owns the Nokia brand) at the Mobile World Congress conference before the end of the month. Quick Read: Nokia is back, Stronger and Better, Smartphones, Tablets to run on Android The phone measured 113…

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Kenya is over-banked says Cytonn Q3 report

Kenya is over-banked says Cytonn Q3 report

Cytonn Investments an investments and real estate company based in Nairobi – Kenya and DC Metro area – U.S.  has released  this quarter 3 report on 5th December 2016. The Cytonn Q3’2016 Banking Sector Report is themed, “Transition continues, to a more stable sector, in an era of increased regulation” Quick read: KCB Group, Safaricom Top the Cytonn Corporate Governance Index Key highlights from the insightful report; Kenya’s over-banked environment has already begun leading to…

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Nigerian top blogger takes on Facebook with own social network that pays users

Nigerian top blogger takes on Facebook with own social network that pays users

Nigeria is Africa’s most populous nation and with it one of the top bloggers, Linda Ikeji who remains of the continents known famous news and gossip tabloid writers. Extra Read: Young African Student declines work at Microsoft and Google to build BAE dating app for black singles Ikeji’s popular Nigerian blog which boasts of approximately 7 million page hits daily is now 10 years old, when she was modeling, and came across a blog post…

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Jean Wandimi: The Kenyan Wine Connoisseur with an Exotic Taste

Jean Wandimi: The Kenyan Wine Connoisseur with an Exotic Taste

If you follow business news you will notice that African products and specifically wine is getting international attention. Just last week AdVini, a French corporation with more than a dozen wineries, purchased a majority share of 51 percent in the Stellenbosch wine brand Ken Forrester. And to get more insight on what drives the beverage industry we talked to a fast rising Wine Connoisseur, columnist and tourist Jean Wandimi who is a writer for Drum…

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BMW 7 Series incorporates Ndebele art by South African artist, Esther Mahlangu

BMW 7 Series incorporates Ndebele art by South African artist, Esther Mahlangu

Yesterday BMW unveiled another unique Individual 7 Series which was built with the help of South African artist, Esther Mahlangu. The South Africa’s artist may sounds familiar, Esther Mahlangu is for the second time, joined forces with BMW and refined a BMW 7 Series, in collaboration with the BMW Individual Manufaktur. Quick Read: Mobile Game App created for the Bungoma Man who hanged on Helicopter 25 years ago, Esther Mahlangu, a South African artist, was…

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