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IFC: African businesses lag in digital tech use

Nairobi, May 19 -- Africa is missing out on the economic benefits emanating from the digital revolution as most businesses are not using the technologies despite having access, a new study shows. Res... Read More


High-end cellphone makers cut out accessories to curb e-waste menace

Nairobi, May 18 -- If you have been using the same smartphone for the past two years, you may be unpleasantly surprised next time you go shopping for a new device, especially if you're eyeing an upmar... Read More


East Africa trades more with its African peers than with EU, Asia

Nairobi, May 12 -- East African Community (EAC) member states are increasingly trading with one another and with other African countries, while reduce their trade with Europe, Asia, and other parts of... Read More


Leaders lobby for affordable fertiliser amid dying Africa soil

Nairobi, May 11 -- African leaders are looking for new ways of boosting financing for the continent's agriculture sector to improve affordability and accessibility of fertilisers as the reality of the... Read More


How top executives siphoned Sh6bn from saccos umbrella body

Nairobi, May 7 -- Top executives of Kenya Union of Savings and Credit Cooperative Society (Kuscco) siphoned Sh587.6 million annually over a decade, in a series of transactions including transferring m... Read More


Google blocks 5.5bn bad adverts on its platform

Nairobi, April 6 -- Tech giant Google last year blocked a record 5.5 billion advertisements on its platforms, a result of improved vigilance and a signal of growing misuse of online advertising across... Read More


UN resolution on AI co-sponsored by Kenya spells hope for Africa

Nairobi, April 6 -- Africa's status as a net consumer of artificial intelligence (AI) innovations may soon change after the United Nations General Assembly (Unga) adopted a resolution which could see ... Read More


AfDB bans Chinese road builder for graft in Uganda

Nairobi, April 1 -- The African Development Bank (AfDB) has banned a Chinese road builder, China Henan International Corporation Group (Chico), for engaging in "fraudulent activity" in a project the l... Read More


Small investors take on wealthy firms in fight to lend to State

Nairobi, April 1 -- The share of the government's domestic debt stock held by retail investors has nearly doubled to 12.42 percent from 6.96 percent in March last year, reducing that by banks, insuran... Read More


Treasury to spend Sh255 million on increasing pension coverage

Nairobi, April 1 -- The Treasury has lined up a series of reforms to the country's retirement benefits policy to boost access for informal, diaspora, and short-term workers, which are set to cost up t... Read More