The Retail community of East Africa

Airtel Money launches in Uganda

Wed, 01 Feb 2012 10:11:00 +0200

Airtel Uganda yesterday launched its mobile money platform named Airtel Money. The service provides consumers with convenient access to affordable and innovative financial services through their mobile phones.
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Cross-border telephone remittances increase in Africa

Tue, 24 Jan 2012 11:28:00 +0200

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.
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The mind of a Kenyan shopper

Mon, 12 Dec 2011 16:00:00 +0200

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.
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L'Oréal opens new subsidiary in Kenya

Mon, 12 Dec 2011 12:13:00 +0200

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.
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Standard Bank Group secures finance for Helios Towers Tanzania

Wed, 07 Dec 2011 08:38:00 +0200

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.
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New converged solution launched in Kenya

Mon, 21 Nov 2011 15:06:00 +0200

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.
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MTN-TransferTo partnership well underway

Mon, 14 Nov 2011 12:15:00 +0200

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.
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Consumer Confidence Survey: Economy again top global concern

Wed, 09 Nov 2011 09:36:00 +0200

NEW YORK, US: Global online consumer confidence fell for the seventh consecutive quarter as confidence in 31 of 56 global markets measured declined, according to from Nielsen, a leading global provider of insights and analytics into what consumers watch and buy.
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TransUnion expands into Africa

Fri, 28 Oct 2011 11:19:00 +0200

TransUnion, a global credit and information management organisation, has acquired majority shareholding in CRB Holdings Limited, signifying its bold expansion steps into Africa.
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Kalahari Kenya, Kalahari Nigeria closes down

Wed, 26 Oct 2011 11:16:00 +0200

MIH Internet Holdings Ltd, on Monday 24 October 2011, announced that it has closed down the Kalahari Kenya and Kalahari Nigeria operations with immediate effect, following a strategic review of its investment properties.
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