Author: David Indeje

Kenya Airways (KQ) has scaled up flight services to Mombasa, Zanzibar, Kilimanjaro, Juba and Kigali routes. Mombasa will see an increase of two flights to twelve daily, while Kilimanjaro will have an additional flight to two daily flights. The Juba, Zanzibar, and Kigali routes will each see an additional flight, with 4 flights to Juba (Monday, Wednesday, Friday & Sunday), 5 flights to Zanzibar (Tuesday, Wednesday, Thursday, Saturday & Sunday) and daily flights to Kigali. KQ will also increase passenger seating capacity for leisure destinations by operating the Boeing 737-800 to Livingstone, Victoria Falls and Cape Town with a similar…

Infrastructure, connectivity, and growth of local content have been identified as key drivers for Africa’s digital economy. These were the emerging pillars during the 7th edition of the Africa Domain Name System Forum (AFDNS) being held in Bostwana to help the industry grow at a competitive rate and be at par with the world. Moctar Yedaly, Head of Information Society in the Department of Infrastructure and Energy of the African Union Commission told the participants that five elements of Domain Naming Systems (DNS), a unique number (IP address) for a given name (URL), include:  A local internet infrastructure, education to…

Botswana Communication and Regulatory Authority (BOCRA) will host the 7th edition of the Africa Domain Name System Forum (AFDNS) to help the industry grow at a competitive rate and be at par with the world. The three days annual event will be held in Gaborone Botswana from 22nd to 24th July 2019. It will bring together stakeholders in the Domain Name Industry in Africa, organized by Africa Top Level Domains Organization (AFTLD), the African Registrars Association, and the Internet Corporation for Assigned Names and Numbers (ICANN). “We expect participation from over 200 participants representing government, private sector, civil society, media…

The Central Bank of Kenya (CBK) has said it will launch a service that gives a mark of approval to mobile lending firms, in a bid to protect customers from unregulated mobile lenders. Dr. Patrick Njoroge, Governor of Central Bank on Monday said there are two sets of digital lenders in the financial markets where one group is regulated because they are operated by commercial banks while the others are not. “The credit only digital lenders that provide lending on mobile phones are not regulated and this is a major gap in the law,” Njoroge said during the inaugural Afro-Asia…

Spanish on-demand delivery firm Glovo, has onboarded Java House, Naivas Supermarket, Zucchini Greengrocers and Onn The Way Supermarket to increase the number of people accessing its services across strategic business fields. William Benthall, Glovo’s General Manager for Kenya, said that the partnerships will greatly benefit consumers of Glovo’s service, enabling them to interact with their favourite brands at the tap of a button. “In the long run these partnerships will help us achieve our broader strategy of being a single platform for all our customer’s needs and deliveries,”  said Benthall. Since its entry into the Kenyan Market in January this…

Nairobi Securities Exchange (NSE)  launched the trading of futures contracts on Thursday becoming the second bourse to offer exchange-traded derivatives after South Africa’s Johannesburg Stock Exchange. “The newly launched NEXT Derivatives Market will enhance investors’ portfolio performance by availing risk management tools in the wake of increasing asset price volatility in both domestic and international markets,” said the NSE chief executive Geoffrey Odundo during the launch. The Next Derivatives Market, will offer investors index futures contracts on the NSE-25 share index and single stock futures.  This involves the most traded companies at the NSE: Safaricom Plc, Equity Group Holdings, KenGen,…