Kenya eyes 1.2 million tourists Published by Regina Ekiru on 18 October 2010 Kenya’s tourism sector seems to be on the recovery path following the 2007 post election violence and global recession which threatened to bring the sector to its knees.
Mobile banking moving beyond just providing transactional services Published by Imara Africa Securities team on 15 October 2010 The wires reported yesterday that Safaricom, Kenya’s biggest mobile network operator, is looking to expand the marketing of mobile phone-based banking services.
Kenyan banking sector still has plenty of room for growth Published by Imara Africa Securities team on 8 October 2010 Reuters last week reported that Kenyan banks are set for consolidation to meet a deadline to boost minimum core capital and cut costs in a lower interest rate environment.
Hotel group allows guests to settle bills through M-PESA Published by Claude Harding on 6 October 2010 Sarova Hotels, Resorts & Game Lodges, in partnership with Kenyan telecoms operator Safaricom, will now offer guests the option of settling their bills through the M-PESA money transfer service.
Pakistani footwear company opens Kenyan subsidiary Published by Regina Ekiru on 6 October 2010 Pakistan’s leading footwear manufacturer and exporter, Servis Group, has opened a subsidiary, Servis Shoe Africa, in the Kenyan market.
Safaricom continues to look at ways to defend market share Published by Imara Africa Securities team on 22 September 2010 As the price wars in the Kenyan mobile sector intensify, Safaricom last week slashed the cost of SMS’s by as much as 94%.
Second-hand clothing hurting Kenya’s textile industry Published by Cathy Majtenyi on 16 September 2010 The sale of second-hand clothing is widespread in Kenya. But while it may benefit the pocketbooks of many people, critics say it harms the country’s domestic textile industry.
Sony Ericsson boss speaks about African expansion plans Published by Dinfin Mulupi on 14 September 2010 Last week global mobile phone manufacturer, Sony Ericsson, relaunched its products into the Kenya market after being absent for several years.
Tullow Oil acquires licences in Kenya and Ethiopia Published by Staff Writer on 2 September 2010 Tullow Oil plc has announced the acquisition of a 50% operated interest in six adjacent licences covering the East African Rift Basins of Kenya and Ethiopia.
ICT entrepreneur looking to conquer Africa Published by Dinfin Mulupi on 23 August 2010 At 35, Ken Njoroge is running one of the most respected mid-sized companies in Kenya.
Lower interconnection fees to impact Kenya’s mobile market Published by Imara Africa Securities team on 20 August 2010 The Communications Commission of Kenya (CCK) has cut mobile interconnection fees by 50% to encourage telecommunications companies to lower the cost of calls.
Southern Sun takes over operations of Nairobi hotel Published by Dinfin Mulupi on 19 August 2010 African hotel group, Southern Sun, has taken over operations of the Holiday Inn Nairobi, re-launching the city hotel as the Southern Sun Mayfair Nairobi.
Kenya Airways launches Angola route Published by Dinfin Mulupi on 17 August 2010 Kenya’s national carrier, Kenya Airways (KQ), has launched flights to Luanda, Angola.
Growing demand for retail space in Kenya Published by Dinfin Mulupi on 13 August 2010 The increasing purchasing power among Kenya’s growing middle class is driving demand for the construction of more shopping centres.
