Business
Bulletins Business

Meta Platforms to Pay $1.4 Billion to Settle Texas Biometric Privacy Lawsuit.

Meta Platforms, the parent company of Facebook, has agreed to pay $1.4 billion (Ksh. 182billion) to resolve a lawsuit brought by Texas, accusing the tech giant of illegally using facial-recognition technology to collect biometric data from millions of Texans without their consent.The terms of the settlement, disclosed on Tuesday, represent the largest accord ever achieved […]

Read More
Bulletins Business

Digital literacy: Kakuzi boosts Digital Skills Trainingfor Primary Schools Pupils in Murang’a County.

Listed agribusiness firm Kakuzi Plc (NSE: KUKZ) has stepped up its corporate digital literacy enhancement programme for schools in Murang’a County. As part of an initiative to equip Primary school students with digital skills and enable them compete on an equal footing nationally and beyond, Kakuzi has donated 18 computers and 3 printers to three rural […]

Read More
Bulletins Business

Safaricom Shareholders Approve KES 26.04 Billion Final Dividend

Nairobi, 25th July 2024 Safaricom PLC (NSE: SCOM) today held its Annual General Meeting (AGM) virtually, where shareholders approved a final dividend of KES 0.65 per share, amounting to KES 26.04 billion for the financial year ended 31 March 2024.Following an interim dividend of KES 0.55 per share, totaling KES 22.04 billion, that was paid […]

Read More
Bulletins Business

Civil Society Alarmed Over Expiry Dates on New ID Cards, Alleges Scheme to Influence 2027 Elections.

Kenya’s Civil Society has voiced strong reservations regarding the issuance of new National Identity Cards in the country. During a press briefing on Sunday, lobby groups expressed outright dismissal of the newly introduced Maisha number for Kenyan adults under the updated identification system. The CSOs raised concerns about the supposed expiry date attached to the […]

Read More
Business

Apple becomes the latest tech giant under siege.

To understand how much the US government’s new lawsuit strikes at the heart of the identity Apple has forged for itself, let’s first consider the firm’s fanbase. Apple has a unique position as a tech brand, and is regarded with enormous affection by those who like it. I’ve sat through a lot of Apple events […]

Read More
Blog Business

DEMOCRATIZING ARTIFICIAL INTELLIGENCE IN AFRICA

As Artificial Intelligence adoption in Africa continues to grow, different players are playing different roles to ensure the safe uptake and usage of the technology. In its aim of democratizing AI in Africa, Applied Machine Learning Days has partnered with the United States International University to host this year’s annual conference. The conference, running from […]

Read More
Business

SAFARICOM INVESTMENT CO-OPERATIVE SOCIETY APPROVES KES 142.4 MILLION REBATE PAYOUT FOR MEMBERS.

Nairobi, February 24th, 2024 – Safaricom Investment Co-operative shareholders have approved a KES 142.4 million rebate payout during the 15th Annual General Meeting. The payout comes after the Society reported a KES. 203.4 million in net profit for the year that ended 31st December 2023 against KES 266 million reported in the same period under review in 2022. […]

Read More
Blog Business

KeNIA FOCUSED ON GROWING START-UP ECOSYSTEM

CS ABABU NAMWAMBA LAUNCHES INNOVATION AGENCY 2023-2027 STRATEGIC PLAN Hon. Ababu Namwamba – Cabinet Secretary, Ministry of Youth Affairs, Creative Economy, and Sports on Thursday 22, 2024 launched the Kenya National Innovation Agency (KeNIA) 2023-2027 Strategic Plan. The strategic plan will be geared toward meeting KeNIA’s mission statement of developing and managing a dynamic national […]

Read More
Blog Business

KEPHIS 5-Year Strategic Plan and the National Phytosanitary Policy for 2023.

The unveiling of the KEPHIS Strategic Plan 2023/2027 marks a pivotal moment in Kenya’s agricultural landscape. The Strategic Plan 2023/2027  will guide in the implementation of activities, projects, and programs for the next five years while the National Phytosanitary Policy will guide the country on matters of Plant Health and interventions on Sanitary and Phytosanitary standards (SPS). […]

Read More
Blog Business

Title: UK-Kenya COP27 Deals: A Transformative Path to Sustainable Development

The collaborative efforts between the UK and Kenya, as part of COP27 agreements, are yielding remarkable progress in key climate initiatives. As the world anticipates COP28, significant milestones have been achieved in flagship projects that promise economic growth, job creation, and a sustainable future for both nations. Among these achievements is the development of the […]

Read More