President Ruto appoints Prof. Kindiki as Deputy President after Gachagua’s impeachment, signaling a major political shift in Kenya. Ruto Names […]

This investigation centers on the future of competition in Africa’s booming beverage market, valued at billions annually. With over 1.4 billion people and a young, urbanizing demographic, Africa is a crucial growth market for global firms like Coca-Cola. However, regulatory frameworks are tightening as governments and consumer protection agencies strive to establish a fair playing field for all businesses.

The case revolves around a prime piece of land in Kitengela, Kajiado County, which businessman Philip Kiptum sold to Ben Chumo for KSh 40 million in 2020. However, Edna Jeptoo, the estranged wife of Kiptum claims the land, valued at KSh 50 million, was part of their matrimonial estate and was sold without her consent to hide assets ahead of their divorce settlement.

Amid the novelty of the impeachment process, it’s easy to forget that it is the norm for Kenyan presidents to fall out with their deputies.

Safaricom must overcome these significant challenges, including regulatory barriers, local competition, infrastructure limitations, and cultural hurdles. Successfully navigating these challenges will determine the long-term success of the service in Ethiopia, while opening the door to broader regional growth.

Kenya becomes the first East African country to adopt ISO 20022 in its primary payment system, setting a benchmark for regional financial innovation and solidifying its role as a financial technology leader in East Africa.

M-PESA Global enables customers to easily send mobile money from Kenya to Ethiopia, providing a convenient and efficient solution for cross-border fund transfers. This expansion aligns with Safaricom’s larger strategy to boost mobile money adoption and expand its presence in Ethiopia by leveraging its expertise in digital financial services.

Standard Chartered Bank Kenya has actively embraced this trend, strengthening its reputation as a leader in diversity through policies that promote female leadership and career advancement for women. Globally, the bank aims to have 30% of its senior leadership positions filled by women by 2025, with similar targets set for its local operations. This commitment to gender balance was underscored by the appointment of Mrs. Kellen Eileen Kariuki to the board in 2021, reinforcing the bank’s dedication to achieving gender equity at all levels of the organization.

“JPMorgan’s decision to establish a representative office in Kenya affirms the confidence that global financial institutions have in our economy. It is a strong signal that Kenya is a key player in the financial architecture of Africa, and we look forward to welcoming more international investments,”said CBK Governor Kamau Thugge.

Safaricom Ethiopia’s milestone of achieving full coverage in eastern Ethiopia by the end of October signifies not only the rapid expansion of the company but also a broader shift in Ethiopia’s telecom industry