Friday , 28 April 2017

Monthly Archives: April 2016

Nigeria’s guardian newspaper diversifies to online TV

Nigeria’s guardian newspaper diversifies to online TV

The Guardian Nigeria, a renowned newspaper house in Nigeria, has just announced the launch of its online TV platform, Guardian TV. Guardian TV will be available on virtually any d ...

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Crown Paints record 43 pc growth in profit

Crown Paints record 43 pc growth in profit

Paint manufacturer, Crown Paints has registered 43 percent growth in pretax profit to record Sh 216 million for the year ended 31st December 2015 despite the exchange loss of Sh 2 ...

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House prices tipped to rise on stable interest rates

House prices tipped to rise on stable interest rates

House prices leapt 1.4 per cent in the first quarter of the year, compared to a 1.14 per cent rise in the last quarter of 2015 – demonstrating a reversal of the slight decline in ...

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Barclays Africa picks Abdi Mohamed to head Tanzanian subsidiary

Barclays Africa picks Abdi Mohamed to head Tanzanian subsidiary

Barclays Bank of Tanzania has announced the appointment of Abdi Mohamed as the new Managing Director, effective April 2016. Mr. Mohamed will be taking over from Kihara Maina, who ...

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Flame Tree records a 17 pc jump in net profit

Flame Tree records a 17 pc jump in net profit

Flame Tree Group has reported strong performance for its first full financial year since listing on the Nairobi Securities Exchange (NSE). The groups annual net sales for the 2015 ...

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Resolution Insurance records a jump in premiums

Resolution Insurance records a jump in premiums

Resolution Insurance has announced a 21 percent increase in its total income for the 12 months ended December 31, 2015. The company’s gross written premiums grew from Sh 2.5 billi ...

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Huawei targets FoneXpress to boost customer base in Kenya

Huawei targets FoneXpress to boost customer base in Kenya

Huawei Technologies has signed a partnership deal with leading mobile phones retailer FoneExpress in a retail expansion plan aimed at increasing its coverage and market share in t ...

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Deeper trade ties could ease Kenya’s regional trade imbalance

Deeper trade ties could ease Kenya’s regional trade imbalance

Deeper relations with EAC countries could help Kenya tackle the widening trade imbalance between imports and exports that continues to choke the country’s economic growth potentia ...

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These guys created an app that stops college students from using their phones — and it’s so successful they dropped out of college

These guys created an app that stops college students from using their phones — and it’s so successful they dropped out of college

In 2014, Mitch Gardner and Rob Richardson, two students and fraternity brothers at Chico State in Northern California, were hanging out. Richardson, a computer science major, noti ...

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Tanzania’s Tigo Pesa customers pocket $2.3m in quarterly profit share

Tanzania’s Tigo Pesa customers pocket $2.3m in quarterly profit share

This is the eighth time that Tigo is disbursing the quarterly payment to its mobile money users Tigo Pesa users have been paid a total of $2.3m as profit share paid every quarter ...

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