1 million customers unsubscribed from Safaricom’s Fuliza overdraft service in 2023, according to the company’s latest financial results. https://kenyanwallstreet.com/safaricom-loses-1-million-fuliza-customers/
Safaricom Loses 1 Million Fuliza Customers in a Year
Safaricom Loses 1 Million Fuliza Customers in a Year - Kenyan Wall Street
1 million customers unsubscribed from Safaricom's Fuliza overdraft service in 2023, according to the company's latest financial results.
Trader’s View: Trading US Stocks, Indices and Currencies During Turbulent Periods.
https://kenyanwallstreet.com/us-stocks-currencies-turbulent-periods/
https://kenyanwallstreet.com/us-stocks-currencies-turbulent-periods/
Trader’s View: Trading US Stocks, Indices and Currencies During Turbulent Periods
Trader’s View: Trading US Stocks, Indices and Currencies During Turbulent Periods - Kenyan Wall Street
Trading US stocks & Indices, Commodities such as Gold and currencies is possible for Kenyan residents through Contract for Differences (CFDS), offered by
US-China Diplomatic and Trade Tiffs Play Out in Tech
The ongoing distrust between the United States and China has degenerated into export controls, threats of sanctions, and outright demands for dissociation – causing ripples in the tech industry.
Recently, the U.S revoked companies’ licences to export chips to China-based Huawei.
Since 2019 when Huawei was blacklisted by the U.S, Qualcomm and Intel have supplied the smartphone manufacturer with chips amidst tightening regulations.
https://kenyanwallstreet.com/us-china-diplomatic-trade-tiffs-tech/
The ongoing distrust between the United States and China has degenerated into export controls, threats of sanctions, and outright demands for dissociation – causing ripples in the tech industry.
Recently, the U.S revoked companies’ licences to export chips to China-based Huawei.
Since 2019 when Huawei was blacklisted by the U.S, Qualcomm and Intel have supplied the smartphone manufacturer with chips amidst tightening regulations.
https://kenyanwallstreet.com/us-china-diplomatic-trade-tiffs-tech/
Here's what you need to know to start your week on the #TheWeeklyBrief!
What's Inside: Safaricom PLC, Absa Kenya, Finance Bill 2024, Trader’s View, Events & more!
Keep reading! https://www.linkedin.com/pulse/inside-finance-bill-2024-safaricoms-plan-break-even-ethiopia-50rrf
What's Inside: Safaricom PLC, Absa Kenya, Finance Bill 2024, Trader’s View, Events & more!
Keep reading! https://www.linkedin.com/pulse/inside-finance-bill-2024-safaricoms-plan-break-even-ethiopia-50rrf
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Inside Finance Bill 2024, Safaricom's Plan to Break Even in Ethiopia
Here's what you need to know to start your week In partnership with What's Inside Finance Bill 24/25: Taxes, New Powers for KRA Trader’s View: Trading US Stocks, Indices and Curr … Safaricom Plans to Break Even in Ethiopia in 2025 Don't forget to attend these…
Diaspora Remittances Dip Slightly Month on Month, Up 24% from April 2023.
https://kenyanwallstreet.com/diaspora-remittances-up-24-from-april-2023/
https://kenyanwallstreet.com/diaspora-remittances-up-24-from-april-2023/
Diaspora Remittances Dip Slightly Month on Month, Up 24% from April 2023
Diaspora Remittances Dip Slightly Month on Month, Up 24% from April 2023 - Kenyan Wall Street
Monthly remittances have fluctuated from the record high reported at the start of the year, which was the best since August 2020.
Cable Cuts Disrupt Internet Access Across East Africa
Internet service providers across East Africa have reported outages and delays in their data networks since Sunday due to damaged submarine cables, in the third such incident this year.
According to connectivity-tracking website, Cloudflare Radar, internet outages in Tanzania, Malawi, Mozambique, and Madagascar were severely affected because their traffic volume declined to 30%.
https://kenyanwallstreet.com/internet-disruptions-across-east-africa/
Internet service providers across East Africa have reported outages and delays in their data networks since Sunday due to damaged submarine cables, in the third such incident this year.
According to connectivity-tracking website, Cloudflare Radar, internet outages in Tanzania, Malawi, Mozambique, and Madagascar were severely affected because their traffic volume declined to 30%.
https://kenyanwallstreet.com/internet-disruptions-across-east-africa/
Inside the Finance Bill 2024: New Taxes, New Powers for KRA.
https://kenyanwallstreet.com/finance-bill-2024-new-taxes-new-powers-kra/
https://kenyanwallstreet.com/finance-bill-2024-new-taxes-new-powers-kra/
Inside the Finance Bill 2024: New Taxes, New Powers for KRA
Inside the Finance Bill 2024: New Taxes, New Powers for KRA - Kenyan Wall Street
The legislative process for the next fiscal year’s budget will begin today, when the Finance Bill 2024 undergoes its First Reading in a special sitting of
Equity Group Posts Strong Q1 Growth, 25% YoY Growth.
https://kenyanwallstreet.com/equity-group-posts-strong-q1-growth-25-yoy-growth/
https://kenyanwallstreet.com/equity-group-posts-strong-q1-growth-25-yoy-growth/
Equity Group Posts Strong Q1 Growth, 25% YoY Growth
Equity Group Posts Strong Q1 Growth, 25% YoY Growth - Kenyan Wall Street
Equity Group has reported a 25% increase in after tax profits to KSh 16 Billion for the first quarter of the year on the back of a a 21% growth in non-funded
Communications Authority to Review Frequency Spectrum Prices by July.
https://kenyanwallstreet.com/cak-review-frequency-spectrum-prices-july/
https://kenyanwallstreet.com/cak-review-frequency-spectrum-prices-july/
Communications Authority to Review Frequency Spectrum Prices by July
Communications Authority to Review Frequency Spectrum Prices by July - Kenyan Wall Street
The Communications Authority of Kenya (CAK) will issue new frequency spectrum prices in the next two months, in the first such review since 2018.
Ghana Bets on Blockchain to Fight Graft
The Ghanaian government is set to become the first African country to use blockchain technology in its e-government processes, according to the country’s vice president Mahamadu Bawumia.
Speaking at the 14th Regional Conference and Annual General Meeting of the heads of African Anti-corruption agencies held in Accra, Bawumia said blockchain will enable government authorities to detect bogus transactions and fraudulent activity in state systems.
https://kenyanwallstreet.com/ghana-bets-on-blockchain-to-fight-graft/
The Ghanaian government is set to become the first African country to use blockchain technology in its e-government processes, according to the country’s vice president Mahamadu Bawumia.
Speaking at the 14th Regional Conference and Annual General Meeting of the heads of African Anti-corruption agencies held in Accra, Bawumia said blockchain will enable government authorities to detect bogus transactions and fraudulent activity in state systems.
https://kenyanwallstreet.com/ghana-bets-on-blockchain-to-fight-graft/
Ghana Bets on Blockchain to Fight Graft
Ghana Bets on Blockchain to Fight Graft - Kenyan Wall Street
The Ghanaian government is set to become the first African country to use blockchain technology in its e-government processes, according to the country's vice
Business Process Outsourcing (BPO) company, CCI Global, aims to create 5,000 jobs for Kenyans after launching its 17th contact center in Tatu City, investing US$ 50 million in a five-storey building.
During the launch attended and commissioned by President William Ruto on May 10, CCI Global highlighted that the facility will host call center agents and managers who will handle BPO operations for businesses across the region.
https://kenyanwallstreet.com/cci-global-sets-up-50-m-facility-in-tatu-city/
During the launch attended and commissioned by President William Ruto on May 10, CCI Global highlighted that the facility will host call center agents and managers who will handle BPO operations for businesses across the region.
https://kenyanwallstreet.com/cci-global-sets-up-50-m-facility-in-tatu-city/
CCI Global Sets Up US$ 50 Million Facility in Tatu City
CCI Global Sets Up US$ 50 Million Facility in Tatu City - Kenyan Wall Street
Business Process Outsourcing (BPO) company, CCI Global, aims to create 5,000 jobs for Kenyans after launching its 17th contact center in Tatu City, investing
Stanbic Bank’s Q1: Profit Stagnates On FX Trading Income Dip
Stanbic Bank Kenya Ltd has released its financial results for the first quarter of 2024, reporting a Profit After Tax (PAT) of KES 4 billion, representing 2.8% increase from Q1 2023.
https://kenyanwallstreet.com/stanbic-banks-q1-profit-stagnates-on-fx-trading-income-dip/
Stanbic Bank Kenya Ltd has released its financial results for the first quarter of 2024, reporting a Profit After Tax (PAT) of KES 4 billion, representing 2.8% increase from Q1 2023.
https://kenyanwallstreet.com/stanbic-banks-q1-profit-stagnates-on-fx-trading-income-dip/
Stanbic Bank’s Q1: Profit Stagnates On FX Trading Income Dip
Stanbic Bank's Q1: Profit Stagnates On FX Trading Income Dip - Kenyan Wall Street
Stanbic Bank Kenya Ltd has released its financial results for the first quarter of 2024, reporting a Profit After Tax (PAT) of KES 4 billion, representing
Demand for Maisonette Grows in Q4, Apartments Preference Fall-KBA Housing Index.
https://kenyanwallstreet.com/demand-for-maisonette-grows-kba-housing-index/
https://kenyanwallstreet.com/demand-for-maisonette-grows-kba-housing-index/
Demand for Maisonette Grows in Q4, Apartments Preference Fall-KBA Housing Index
Demand for Maisonette Grows in Q4, Apartments Preference Fall-KBA Housing Index - Kenyan Wall Street
There is an increase in the demand for Maisonette properties going by almost double growth in their preference from the fourth quarter property market survey by the Kenya Bankers Association (KBA).
Egyptian Fintech Startup MNZL Raises US$ 3.5mn to Scale Operations
https://kenyanwallstreet.com/mnzl-raises3-5-million-to-scale/
https://kenyanwallstreet.com/mnzl-raises3-5-million-to-scale/
Egyptian Fintech Startup MNZL Raises US$ 3.5mn to Scale Operations
Egyptian Fintech Startup MNZL Raises US$ 3.5mn to Scale Operations - Kenyan Wall Street
MNZL, an Egyptian Fintech, has raised US$ 3.5 million in seed funding from several local and international venture capital firms, one year after being
South African, Nigerian Entities Dominate List of Fastest Growing Companies
https://kenyanwallstreet.com/nigeria-has-most-fastest-growing-companies/
https://kenyanwallstreet.com/nigeria-has-most-fastest-growing-companies/
South African, Nigerian Entities Dominate List of Fastest Growing Companies
List of Fastest Growing Companies Dominated by Nigeria and South Africa
OmniRetail, a Nigerian B2B e-commerce startup that enables small businesses to digitize their services, was listed top among Africa's fastest growing companies in a recent report released by the Financial Times.
Millennials’ Loan Appetite Makes Statement in Credit Market in Q423-TransUnion.
https://kenyanwallstreet.com/millennials-loan-appetite-rises-transunion/
https://kenyanwallstreet.com/millennials-loan-appetite-rises-transunion/
Millennials’ Loan Appetite Makes Statement in Credit Market in Q423-TransUnion
Millennials' Loan Appetite Makes Statement in Credit Market in Q423-TransUnion - Kenyan Wall Street
Millennials now account for more than half of borrowers across various loan products, according to global information and insights company TransUnion's latest
Communications Authority Revenue Estimated to Hit KSh 117.367Bn by 2027 https://kenyanwallstreet.com/communications-authority-profit-hit-117-367b/
Communications Authority Revenue Estimated to Hit KSh 117.367Bn by 2027
Communications Authority Revenue Estimated to Hit KSh 117.367Bn by 2027 - Kenyan Wall Street
Communications Authority of Kenya’s revenue for the next five years is expected to hit KSh 117.367 billion, part of the money expected to be used in promoting
Kucoin Crypto Yields to Gov’t Directive, Halts P2P Transactions.
https://kenyanwallstreet.com/kucoin-crypto-halts-p2p-transactions/
https://kenyanwallstreet.com/kucoin-crypto-halts-p2p-transactions/
Kucoin Crypto Yields to Gov’t Directive, Halts P2P Transactions
Kucoin Crypto Yields to Gov't Directive, Halts P2P Transactions - Kenyan Wall Street
As the crackdown on cryptocurrencies in Nigeria continues, crypto exchange platform 'Kucoin' has suspended trading activities within its platform using the
Tanzania’s NMB Bank Lists Sustainability Bond On London Stock Exchange.
https://kenyanwallstreet.com/tanzanias-nmb-bank-lists-sustainability-bond-on-london-stock-exchange/
https://kenyanwallstreet.com/tanzanias-nmb-bank-lists-sustainability-bond-on-london-stock-exchange/
Tanzania’s NMB Bank Lists Sustainability Bond On London Stock Exchange
Tanzania's NMB Bank Lists Sustainability Bond On London Stock Exchange - Kenyan Wall Street
NMB Bank PLC, Tanzania's leading financial institution, has listed its maiden three-year US$ 73 million Sustainability Bond on the International Securities