Microsoft and FedEx on Monday announced a multi-year collaboration to transform commerce, supply chains and logistics. The partnership brings FedEx network intelligence with Microsoft Dynamics 365 to create a cross-platform “logistics as a service” offering for retailers, merchants and brands. In 2020, the two announced a collaboration that includes joint product development. This involves the collection of data from the FedEx logistics network and analyze it through Microsoft’s Azure Cloud. “More than ever, it’s clear just how critical having a resilient supply chain is for every organization’s success in the modern economy,” said Microsoft Chairman and CEO Satya Nadella in…
Author: Muindi
Muindi
Experience working on communication and marketing departments and in the broadcast industry. Interested in sustainable development and international relations issues.
The Co-operative Bank of Kenya will open 7 branches across the country in the 2022 fiscal year to expand its footprint to 180. The tier one listed lender says the branches will complement its alternative channels. The seven will be located at Kamakis on Nairobi’s Eastern Bypass, Kabarnet, Iten, Moyale, Mwiki/Kasarani, Bunge at the Parliament Tower in Nairobi and Kamulu in Nairobi Eastlands that opened doors in December 2021. “The emerging theory that bank branches and ATMs will cease to exist is largely wishful thinking driven by desire to cut brick-and-mortar costs, and not by credible customer feedback on the…
Sanlam Kenya Plc earnings for the fiscal year 2020 hit a record low and is expected to languish near those levels this year, the insurer says. “Based on our un-audited end of year financial results and information currently at the Board’s disposal, we wish to report that our projected net earnings after tax for the period ended 31st December 2021 will reflect a declining compared to the prior-year earnings.” This means, its losses will decline further, below the Ksh 78 million that was reported. Similarly, its half-year earnings dipped KSh291.8 million up from a KSh99.1 million loss posted in the…
The 425-acre will have a public space anchoring commercial and residential developments.
Vodacom Group says it has received shareholders’ approval to acquire Vodafone’s 55 per cent stake in Vodafone Egypt. Subject to the final outstanding regulatory approvals, Vodacom will fund the acquisition of Vodafone Group’s 55 per cent stake in Vodafone Egypt by issuing 42 million new ordinary shares at $8.76per share, in addition to around$548 million in cash. Vodacom Group CEO Shameel Joosub described the approval as “an exciting and important milestone for Vodacom”. “This is a transaction that presents significant diversification and growth opportunities for our shareholders. With over 80% of Egypt’s 100 million population unbanked, Vodacom sees enormous potential…
Apple regained the top place in the global smartphone market with a 22 per cent market share in the fourth quarter (Q4)2021, attributed to strong demand for iPhone 13, a new report showed on Tuesday. Samsung took second place, down from the top spot in Q3 2021, with a market share of 20 per cent. Xiaomi maintained its third-place position with a 12 per cent share. OPPO and Vivo completed the top five with 9 per cent and 8 per cent shares respectively, according to preliminary data provided by global market research firm Canalys. “Apple is back at the top…