Uber currently has only one category of product in the Kenyan market, UberX , a private car service that is the basic product in most markets. After several price wars in Kenya , it’s now cheaper to ride with Little with the Basic option and the impact must have been felt. The price wars sometime back had Uber and Little battling to see who could give the lowest rates to riders. And it was going well till Uber drivers went on strike demanding a review of the fares. Shortly after, the company yielded & increased their prices. This left Little swinging as the winner in the market. Uber has now announced that they are introducing a new product and with it comes new car types allowed onto the system. They are encouraging the small and old cars they had rejected earlier (Hatchbacks an
PAYING for a taxi ride using your mobile phone is easier in Nairobi than it is in New York, thanks to Kenya’s world-leading mobile-money system, M-PESA. Launched in 2007 by Safaricom, the country’s largest mobile-network operator, it is now used by over 17m Kenyans, equivalent to more than two-thirds of the adult population; around 25% of the country’s gross national product flows through it. M-PESA lets people transfer cash using their phones, and is by far the most successful scheme of its type on earth. Why does Kenya lead the world in mobile money? Before we look into the intricacies of this question, it is apparent that the Kenyan economy is deeply integrated with Mpesa services and in extension, our lives in general. In order to assess the depth of this dependence, there is need t
Amazon still owns the cloud. However, the moneymaking machines at the core of Amazon, Microsoft and Alphabet, the parent company of Google, are notably different. But the respective kings of online retailing, software and internet search should all credit a relatively new line of business for lifting their financial results. The three tech giants said cloud computing — through which they rent computing services and online access to software hosted in their data centers — was growing faster than their larger, older businesses. Amazon Web Services is the clear leader and the only one of the three companies that provide a clean number for its cloud infrastructure business. Amazon said AWS revenue surged 43 percent in the quarter to $3.66 billion. Multiply that by four, and you get an
You probably know Facebook Lite, which is a stripped version of the official Facebook app which is targeted for those individuals that need to have the core Facebook experience while using less data. Since Facebook Lite is a stripped version of the bloated Facebook app, there are features that you enjoy on the latter that you don’t get on the former and one of them was Reactions. Well, you can scrap that from the list of features that you don’t get on Facebook Lite as Facebook has updated it with Reactions. The social networking giant today introduced new features from the original Facebook app to Facebook Lite, according to Facebook founder Mark Zuckerberg. These include India-specific camera effects and the Reactions feature. The plans were originally announced at A Place to Connect, a
Technology sector and the internet can be a great enabler for girls in Africa. However, with the rapid developments in technology, the digital gender divide remains unnoticed as it widens. Changing perceptions and attitudes of every one around the globe is an important part of achieving gender equality in technology. The Miss.Africa, a gender-focused initiative targeted mainly at female youth audiences in Africa to increase early technology use and adoption, is actively getting involved to address this digital divide. The program has run several initiatives in Africa to equip girls and women with digital skills that enables them survive in the technology sector. As part of its activities, Miss.Africa supports initiatives that encourage women in technology with an annual seed fund progra...