Kenya Airways sees recovery a year away as losses mount

Eric Ombok|Published

Kenya Airways said annual losses almost doubled even before the part-state owned national airline was forced to ground planes.

Kenyan millionaires surge

Eric Ombok|Published

The number of US-dollar millionaires in Kenya will grow at double the global rate over the next decade as the economy expands.

Mondelez begins ‘Coffee Made Happy’ push

Eric Ombok|Published

Mondelez International wants to boost African coffee output as part of a $200m programme aimed at farmers of the bean.

DRC plans ‘could hurt investment in mining’

Eric Ombok|Published

Plans by the Democratic Republic of Congo to change the nation’s mining code might reduce the flow of foreign direct investment, according to Randgold Resources ...

Regulator stalls Safaricom’s Essar deal

Eric Ombok|Published

Safaricom might abandon its bid to acquire assets of Essar Telecom Kenya in the absence of regulatory approval, east Africa’s biggest cellular network operator said ...

Kenyan start-up takes on remittance agents with bitcoin service

Eric Ombok|Published

BitPesa, a Kenyan start-up, will take on remittance providers like Western Union by using the bitcoin virtual currency to cut transaction costs for Kenyans working ...

African data use ‘to carry on surging’

Eric Ombok|Published

Data usage in Africa usage in Africa will continue to accelerate after more than doubling in the year to June, according to Indian cellular network operator Bharti ...