Bolt, a ride-hailing platform in Kenya, introduces its Family Profile feature, enabling users to manage and pay for trips for up to nine others from a single account, simplifying mobility for families and caregivers. The launch is part of Bolt’s broader push to enhance convenience, safety, and inclusivity in Kenya’s growing ride-hailing sector. According to Bolt’s internal data, an estimated 2–6% of rides are currently booked on behalf of another person, often requiring manual coordination and sharing of trip details. Family Profile streamlines this process by allowing users to invite others to join their account, set monthly spending limits, and…
Author: Muindi
Muindi
Experience working on communication and marketing departments and in the broadcast industry. Interested in sustainable development and international relations issues.
Tullow Oil plc has signed a Sale and Purchase Agreement (SPA) with Auron Energy E&P Limited, an affiliate of Kenya’s Gulf Energy Ltd., marking a strategic exit from its Kenyan operations. The agreement, announced on April 15, 2025, involves the sale of 100% of the shares in Tullow Kenya BV (TKBV), which holds Tullow’s entire working interests in Kenya. The transaction is valued at a minimum of US$120 million, subject to customary adjustments. “This signing marks a pivotal milestone in the ongoing transaction and brings the sale closer to completion,” said Madhan Srinivasan, Managing Director of Tullow Kenya BV. Richard…
TECNO, the AI-driven smartphone brand, has launched the SPARK 40 Series—its most advanced lineup yet, designed to meet the dynamic needs of users across global markets. The series features four standout devices: SPARK 40 Pro+, SPARK 40 Pro, SPARK 40, and SPARK 40C. Each delivers flagship-grade features in ultra-slim bodies, redefining entry-to-mid-tier smartphones with premium performance, immersive entertainment, and smart connectivity. Exceptional Power, All-Day Endurance SPARK 40 Pro+ debuts the world’s first MediaTek Helio G200 processor (6nm), scoring ~470,000 on AnTuTu for blazing-fast 4G performance. The SPARK 40 Pro is powered by the G100 Ultimate chip, enabling smooth multitasking and…
Following Patricia Ithau’s exit, WPP Scangroup’s interim CEO Miriam Kaggwa is wasting no time reshaping East Africa’s largest marketing services firm with a bold, high-stakes strategy she compares to wartime command. In an interview with the CEO of Uganda, Kaggwa outlined a recovery blueprint that marks a decisive pivot from the legacy of ethical transformation under Ithau to a performance-first, survival-driven approach. “We’re not just stabilising—we’re mobilising,” Kaggwa stated, highlighting the urgency of reversing two years of losses and reclaiming market leadership. Tactical Revival Amid Fierce Industry Headwinds A seasoned veteran of McCann Worldgroup and BCW Global, Kaggwa injects operational intensity…
Kenya’s Communications Authority (CA) has issued a directive to financial institutions, car dealerships, and private entities to vet their tracking tech or face penalties. In the wake of a cybercrime wave that surged to 3.5 billion incidents in 2024, regulators are cracking down on unlicensed tracking services and substandard equipment that pose risks to consumers, systems, and national stability. The Risk Landscape Tracking technologies—used in everything from fleet management to mobile banking—have become a hidden vector for cyber threats. According to the Kenya National Bureau of Statistics (KNBS), system vulnerabilities accounted for 3.27 billion reported breaches in 2024, while web-based…
South Africa’s leading provider of index-tracking funds, Satrix, has officially entered the Kenyan market by listing its MSCI World Feeder ETF on the Nairobi Securities Exchange (NSE). This marks Kenya’s first equity-based exchange-traded fund (ETF) and only the second ETF listed on the NSE after Absa’s NewGold ETF debut in 2017. Dual Listing Bridges Global Exposure Originally listed on the Johannesburg Stock Exchange (JSE) in 2017, the Satrix MSCI World ETF is now dual-listed, available for trading in Kenyan shillings (KES). The fund gives Kenyan investors low-cost access to over 1,500 global companies, including Apple, Microsoft, Nvidia, Amazon, and Alphabet—without…