Savanna Tobacco has gone shopping and purchased Remington Gold to add to its brand portfolio...
Uganda mobile operator Warid Telecom has contracted India's Flytxt, a provider of global real-time closed loop mobile marketing solutions, to manage its marketing campaigns.
Walter Wafula 28 Aug 2012
Barclays Bank and its subsidiary, Absa, say they are engaged in negotiations to combine the majority of the Barclays Africa operations.
21 Aug 2012
Kenya's digital pay TV market is becoming more competitive with the aggressive entry of StarTimes Media Kenya, a company that recently launched its services in Kenya's capital Nairobi and second city Kisumu. StarTimes has now launched in Mombasa, the third city as part of its plans to reach seven major towns in Kenya by the end of 2012.
Carole Kimutai: @CaroleKimutai 17 Aug 2012
GOtv, a low cost pay television service owned and operated by MultiChoice Africa celebrates its first year in business in four markets. Patricia Kiconco, the country manager GOtv Uganda speaks about the performance of the brand and its future plans for Africa.
Walter Wafula 15 Aug 2012
Like the films they show, the story of Kenya's cinema industry has very interesting story lines, complete with new characters, a beginning and an end. In 2010, one of Nairobi's landmarks - the Kenya Cinema, run by Fox Entertainment Group, was closed after it went out of business.
Carole Kimutai: @CaroleKimutai 14 Aug 2012
If you are a shopper in Nairobi and you walk into Nakumatt Lifestyle, you will notice something - baby milk is stored in a glass cabinet, under lock and key. That key is in the custody of one employee. These security measures by Nakumatt and other retail outlets are as a result of increased cases of operational losses occasioned by shoplifting and general theft. The losses (shrinkage) industry players fear could be a case of an emerging organised pilferage ring targeting local supermarkets.
Carole Kimutai: @CaroleKimutai 6 Aug 2012
The newly rebranded industry body Kenya Bankers Association (KBA) has turned to social media in a strategy aimed at creating a platform where members of the public can engage senior executives in the banking sector. The online event is part of a wider plan by the industry umbrella body to engage stakeholders and increase awareness and knowledge about the banking industry.
Carole Kimutai: @CaroleKimutai 17 Jul 2012
SBV Services, who has been providing its cash operations services to the Nigerian market for over five years, is also active in Lesotho with plans being afoot to extend its footprint further into Africa, including Uganda and Namibia.
10 Jul 2012
Cote Ouest Audiovisuel, a distributor of audiovisual rights for and from Africa, has welcomed aboard Michael Dearham as senior vice president of the group and general manager of the Mauritian office.
12 Jun 2012
For the fifth year running, the National Economic Survey has identified the retail and wholesale trade sectors as key growth drivers of Kenya's economy. In 2011, the wholesale and retail trade sector showed a growth of 7.3%, beating the manufacturing, building and construction, agriculture, transport and communication sectors.
Carole Kimutai: @CaroleKimutai 6 Jun 2012
Lack of bandwidth is not the only factor hampering the development of e-commerce and online business in Africa, says Peter Harvey, founder and managing director of PayGate, an online payments solution provider. Harvey adds that the continent also needs a much more sophisticated financial infrastructure.
5 Jun 2012
Africa's top bankers gathered in Arusha, Tanzania, to celebrate the 6th edition of the African Banker Awards, under the patronage of the African Development Bank (AfDB). Olusegun Agbaje, managing director of Guaranty Trust Bank, Nigeria scooped the prize for African Banker of the Year.
31 May 2012
Airtel Uganda has announced its new harmonized calling rates to all African destinations, cutting costs for Ugandans who communicate with family, friends and business associates across the continent.
24 May 2012
Helios Towers Tanzania (HTT), a subsidiary of Helios Towers Africa (HTA) and reportedly the first tower company in Tanzania, has been awarded 'Africa Loans Deal of the Year' by The Banker magazine. The award follows the completion in December 2011 of HTT's US$85 million equivalent deal.
3 May 2012
Kenyan retail outlet Nakumatt Holdings is opening a multimedia store that will be branded as Planet Media and is reportedly valued at KSh 25 million (USD 312 000). The store will feature Kenya's largest selection of books, toys and entertainment mediums including music and movie CD's and DVD's alongside a fully fledged interactive gaming section.
Carole Kimutai: @CaroleKimutai 2 May 2012
The African Banker Awards has released the shortlist of nominees for the 2012 competition. The winners will be announced at an awards ceremony on 30 May 2012, which makes its debut in Africa. This year's event coincides with the annual African Development Bank (AfDB) meetings in Arusha, Tanzania
24 Apr 2012
Visa recently appointed PocketMedia Solutions' Z-Card to communicate important information about its Visa Debit Card in Kenya, Nigeria and Ghana.
23 Apr 2012
The Carlson Rezidor Hotel Group has just entered its 68th and 69th territories with new properties respectively in the Republic of Guinea and Gabon following on from the opening of a property in Ethiopia in January this year.
16 Apr 2012
A new International Finance Corporation and World Bank report shows that the business environment for entrepreneurs in all five economies of the East African Community (Burundi, Kenya, Rwanda, Tanzania, and Uganda) improved in 2010-2011, as the countries implemented critical regulatory reforms.
12 Apr 2012
The Western Union Company and MTN Group yesterday, 29 March 2012, announced the launch of a mobile money transfer service in Uganda, allowing MTN customers to send and receive money across borders using just their mobile phones for the first time.
29 Mar 2012
The African Development Bank Group (AfDB) will hold its annual meetings, themed 'Africa and the emerging global landscape: challenges and opportunities' in Arusha, Tanzania, from 28 May to 1 June 2012.
14 Mar 2012
Anyone reading the Kenyan dailies would think the country will be holding an election in the next few weeks. Although a date for an election has not been fixed, political campaigns are already in top gear as people jostle for the increased political seats created by the new constitution. One of the main beneficiaries on an election are usually the printers. Unlike previous years where they would expect to be laughing all the way to the bank, this year, they could be crying as they run away from banks - literally.
Carole Kimutai: @CaroleKimutai 24 Feb 2012
More people in Africa's poorest countries have mobile phones than have bank accounts. That reality is spurring mobile service companies to explore how they can capture a share of the potential banking market by enabling migrants from these countries to transfer funds back home to their families.
Anna McGovern 24 Jan 2012
It is that time of the year - the season of promotions, raffles, freebies and sales. But marketers in Kenya have to work twice as hard because of high inflation that has seen the cost of living go up. Basic commodity prices have almost doubled in the last 12 months and consumers have been forced to dig deeper into their pockets and make tough choices when it comes to purchases.
Carole Kimutai: @CaroleKimutai 12 Dec 2011
At an inauguration ceremony held last week, L'Oréal opened its new subsidiary in Kenya, which will be the hub for expanding the group's activities in East Africa, a region which also includes Uganda, Tanzania, Rwanda, Burundi and Ethiopia. The group's subsidiary in Nigeria opened in September.
12 Dec 2011
The Standard Bank Group has announced that they have secured financing worth US$85million for Helios Towers Tanzania Ltd (HTT), a subsidiary of Helios Towers Africa Ltd (HTA), to finance the next phase of its network of telecommunications towers across Tanzania.
7 Dec 2011
Internet Solutions and Paynet have partnered to launch InfoConnect, a new converged solution that provides content or information to service providers through a secure, reliable and highly scalable way of delivering their services to their users or clients via the Internet Solutions managed infrastructure in accordance to the required standards.
21 Nov 2011
TransferTo and the MTN Group last week announced that the implementation of their International Airtime Transfer (IAT) partnership in MTN operating companies is well underway.
14 Nov 2011