Jumia flops into Ksh14 billion loss

Jumia flops into Ksh14 billion loss

E-commerce platform Jumia Group has sunk deeper in the red, posting a Sh14.9 billion loss before tax and other costs in the year ended December compared to Sh11.3 billion a year earlier. The company blamed the loss on increased investment in the business. In 2017, Jumia also reported a net loss of Sh12.4 billion for the year to December even as the business, which has operations in Kenya, recorded a drop in revenues and customer…

Read More

Ushahidi announces platform to monitor Kenya’s General Election

Ushahidi announces platform to monitor Kenya’s General Election

 Ushahidi a crowdsourcing technology company has in partnership with InfoNET and The Constitution & Reform Education Consortium (CRECO) announced a platform to monitor Kenya’s General Election on August 8, 2017. The platform is tagged “Linda Kura Yako,” (“Protect your vote’) The company said in a press statement on their website, that the hope is that the Kenyan Elections will be peaceful, but if there is any irregularities the 700+ Uchaguzi observers, general public and trained…

Read More

Digital Evolution Index Puts Kenya among top digitally advanced countries

Digital Evolution Index Puts Kenya among top digitally advanced countries

The world experiencing the rapid spreading of widespread Digital technology is widespread. At the moment, more people have access to a mobile phone than to a toilet while there are more mobile connections than people on the planet. The internet is leaderless and as such cross-border flows of digitally transmitted data have grown exponentiallt accounting for more than one-third of the increase in global GDP in 2014. In the other hand cross border capital and free…

Read More

90% of Kenyans have consumed fake news about 2017 general election

90% of Kenyans have consumed fake news about 2017 general election

Fake news gained viral prominence during the recent US presidential campaign. For the first time, deliberately false news stories, or fake news, appeared to influence the outcome of an election. Research showed that fake news stories were more widely shared on Facebook than mainstream news items. A research and strategic communications consultancy Portland in collaboration with, a mobile surveying platform GeoPoll has released findings on Fake news in Kenya. According to the research that 90percent…

Read More

Ushahidi suspends senior staff linked to sexual harassment scandal

Ushahidi suspends senior staff linked to sexual harassment scandal

Last week a statement from Ushahidi’s Juliana Rotich confirmed that the tech firm was investigating an alleged sexual harassment claim lodged by an employee (who has since chosen to leave the company), against one of its senior employees. Ushahidi has been rocked by sharp criticism over the slow handling of the sexual harassment case wish some even calling for terming the entire Board, led by Erik Hersman the founder of Ushahidi, BRCK, Gearbox, and iHub,…

Read More

Kenya to start using digital driving licenses, NTSA

Kenya to start using digital driving licenses, NTSA

Early this year, the National Transport and Safety Authority of Kenya announced a proposal to launch a smart driving licenses. The move was made primarily to improve motorist safety on the roads. NTSA in March signed a Sh2.1 billion contract with the National Bank of Kenya for the manufacture and formulation of the smart licenses aimed at revolutionizing enforcement of traffic laws. According to Dr Wangila National Bank is working with Vienna-based digital payment solutions…

Read More

Is PublicLikes growing into a scam? All accounts expire every 2 Months

Is PublicLikes growing into a scam? All accounts expire every 2 Months

PublicLikes has just gained a notorious publicity in Kenya in the last 3 months, Alexa the web ranking site puts it at global rank of 24,363 and 15 in Kenya. According to the website, PublicLikes.com is an innovative social media marketing tool available in a multi-language environment. The service works in PTC format, i.e. Paid to Click websites where you Earn some money whenever you watch ads do some task in the web browser. PTC…

Read More

How to Trade M-Akiba Bonds on PesaLink

How to Trade M-Akiba Bonds on PesaLink

The government of Kenya introduced M-Akiba  a unique opportunity for Kenyans to save money, while at the same time earning very attractive interest rates from the Government. M-Akiba is a retail infrastructure bond issued by the Government of Kenya seeks to enhance financial inclusion for economic development. It is a product by the government of Kenya though the Central Bank of Kenya (CBK) under the National Treasury in collaboration with Nairobi Securities Exchange (NSE), Central…

Read More

StarTimes will exclusively broadcast 2017 FIFA Confederations Cup LIVE

StarTimes will exclusively broadcast 2017 FIFA Confederations Cup LIVE

StarTimes Nigeria, has concluded a deal to broadcast live coverage of one of the FIFA Confederations Cup, scheduled to begin in Russia from June 17 to July 2, 2017. The matches will be played in four Russian cities of Moscow, Sochi, Saint Petersburg and Kazan with StarTimes set to air all the matches to the living rooms of Nigerian subscribers. Acting Brands and Marketing Director, Mr. Qasim Elegbede, said StarTimes remains commited to delivering quality…

Read More

No Internet Shut Down during elections in Kenya says CA

No Internet Shut Down during elections in Kenya says CA

There will be no internet shut down in Kenya during or after the August 8 elections, the assurance was made by officials of the Communications Authority to reporters. “We are using all possible means not to reach a level where the country can be in tension and force us maybe to take a drastic step,” director general Francis Wangusi told the media at CA headquarters. A survey of over 130 countries by Akamai found that…

Read More
1 2 3 9