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Archive for 'Business News'

Kenyan Safaricom extends money transfers to Britain

Kenyan Safaricom extends money transfers to Britain
Tue Oct 13, 2009 11:18am EDT
By Helen Nyambura-Mwaura
NAIROBI, Oct 13 (Reuters) – Kenyan mobile operator Safaricom (SCOM.NR) extended its money transfer service to Britain on Tuesday and may roll it out to other countries.
The service – known as M-Pesa – transfers over 600 million shillings daily and [...]

Information Security Training – Agano Consulting Inc. Partners with K-90EA

NAIROBI, Kenya/TORONTO, Canada – Monday May 18, 2009.

A partnership agreement for Information Security Training has been reached between Canadian-based Agano Consulting Inc and Nairobi-based K-Ninety East Africa Ltd (K-90EA). The deal was reached between Dr. Matunda Nyanchama of Agano Consulting Inc. and Mr. Preston Odera of K-90EA.

The two companies will collaborate to bring [...]

Business Opportunity Study within the IT and Telecommunication Industry in Kenya

Business Opportunity Study within the IT and Telecommunication Industry in Kenya

A sector study prepared for Danida by Håndværksrådet (the Danish Federation of Small and Medium-Sized Enterprises) in collaboration with Growth Africa, Kenya; November 2006

Below is an extract of the Executive Summary
Click here to download the full report.

The Kenyan ICT industry
The Kenyan [...]

Mobile Banking Empowers Rural Poor

Mobile Banking Empowering the poor

Written by: Natasha Elkington
Six years ago on a whim, I was lucky enough to buy a farm with two friends in my native Kenya. The farm borders the Shimba Hills National Reserve, high above the coastal plain. It’s an enchanting other world, but also very remote.
As I live in Britain at [...]

Creative Destruction – Giving Citizens a Voice in Crises

This article appeared in Forbes Magazine.
Refer to Wikpedia for description of the term Creative Destruction.
Creative Disruption
Citizen Voices
by Megha Bahree 12.08.08, 12:00 AM ET
On a recent day in November 15,000 people were pushing up against the barbed wire outside the United Nation’s mission to the Democratic Republic of Congo in Goma. They were some [...]

Kenya’s Co-op Bank to do IPO

By James Anyanzwa
The Co-operative Bank’s pursuit to raise Sh10 billion through an initial public offering (IPO) has started off with early indications that the offer could be priced at about Sh14 a share.
In the IPO, billed to the second largest after Safaricom, more than 50,000 individual shareholders of the bank are expecting to boost the [...]

Kenya opens first e-waste management plant

By: Rebecca Wanjiku – IDG News Service (Nairobi Bureau) (hs) (07 Aug 2008)
Project will eventually dispose of gear from five countries
NAIROBI, KENYA – Computers For Schools Kenya (CFSK) has opened East Africa’s first e-waste management plant in Embakasi, Kenya, to handle the region’s electronic recycling needs.
The project, undertaken in [...]

THE 1ST INTERNATIONAL CONFERENCE ON E-COMMERCE AND INTERNET SECURITY IN EAST AFRICA

VENUE: KENYATTA INTERNATIONAL CONFERENCE CENTRE, NAIROBI
DATE: 13TH-15TH AUGUST 2008
Information and Communication Technology has been recognized as the engine of development all over the world. ICT sector provides endless opportunities for Africa and its growth in East Africa provides even greater benefits. Information and Communication Technology (ICT) may arguably be the most powerful tool for social [...]

Kenya’s Vision 2030

Do we have what it takes to realise Vision 2030?

Written by Jackie Nderitu

Photo by: Fredrick Onyango

The launch of Vision 2030 yesterday. The plan can be achieved by building on competitive sectors of our economy such as agriculture and  tourism.
June 11, 2008: �Failure to plan is planning to fail� so goes the famous saying. This [...]

Kenya to Invest in ICT as part of Vision 2030

State to invest in ICT
East African Standard

By Tom Mogusu
The Government wants to use the manufacturing and ICT sectors to attract new investment and create new jobs.
Under Vision 2030, the Government says that it will invest in training, research and development and a host of other incentives, as part of efforts to create a firm [...]