Business

Telkom & Airtel binding merger agreement to named Airtel-Telkom comes to force

Telkom & Airtel binding merger agreement to named Airtel-Telkom comes to force

Broadband, Business, Technology
Rumours have been running for over a year that Telkom and Airtel were planning to merge their operations in a bid to augment their product and service offerings to match the services of Safaricom. Safaricom had also been mentioned in the competition clause by both Telkom and Airtel that highlighted their inability to grow based on Safaricom’s lion’s share of the local mobile operator business. India's Bharti Airtel anouncement on Friday reut.rs/2SyMMhc that its unit, Airtel Networks Kenya Ltd, has agreed to merge with Telkom Kenya Ltd, the East African nation's smallest telecom operator is now active. A report that investigated the claims is yet to be fully examined by the Communications Authority of Kenya (CA) and parliament, and there is a likelihood it will be discarded
Kenya Remains Top Mobile Banking User across Africa

Kenya Remains Top Mobile Banking User across Africa

Business, Mobile, Technology
Sixty-eight percent of Kenyan adults use a mobile phone to transact money, making them the biggest users of mobile banking in sub-Saharan Africa according to a World Bank report #Kenya is the highest user of mobile phones for money transactions in the Sub Saharan #Africa region. pic.twitter.com/bNM8kyE9gB— World Bank Africa (@WorldBankAfrica) January 8, 2019 Kenya is followed by Sudan with 52%, Gabon at 50%, and the DRC with 37% of adults using mobile phones to send money.Mobile money services and mobile banking have grown significantly in sub-Saharan Africa with the World Bank saying mobile banking has expanded to 16% of the market. M-Pesa's success in Kenya has played a huge role in growing financial access in the country. Forbes reported that Kenya has more than 23-mil
Amazon is angling to destroy the last bastion of brick-and-mortar shopping

Amazon is angling to destroy the last bastion of brick-and-mortar shopping

Business, Mobile, Technology, Women
Amazon recently unveiled a debut collection of makeup products under its private label “find,” which also sells apparel basics. Available only from Amazon’s UK site for now, the products—for the eyes, brows, face, lips, and nails—are sold in “bundles” rather than individually. All are Prime eligible and priced under $20, comparable to drugstore offerings. Historically, an announcement from Amazon that it’s expanding into a new market has caused fear and anxiety: In 2017, grocery chains lost nearly $12 billion in market capitalization in a single day after Amazon said it would lower prices at Whole Foods. Last year, Amazon shared its vision for an independent healthcare service, causing the market value of the 10 largest listed health-insurance and pharmacy
Can you spot fake Amazon reviews

Can you spot fake Amazon reviews

Business, Internet, social media
What's a fake review? Exactly what it sounds like: a review posted by a company employee or anyone else with a vested interest in selling more product. Here's a great example: You're in the market for a GoPro-style action camera. A real GoPro will run you $200 to $400 in the US, but there are countless knock-offs priced as low as $40 to $50. But they can't possibly be as good, right? Well, they look like GoPros. They come with lots of accessories. And here's the kicker: high marks from dozens or even hundreds of reviewers. Sold! According to Fakespot, the dashcam gets an "F." But, wait, it might be perfectly decent product. It's just that a big chunk of the reviews failed to make the grade. Screenshot by Rick Broida/CNET ...
National Cybersecurity Centre warns of spike in cybersecurity threats

National Cybersecurity Centre warns of spike in cybersecurity threats

Business, Cyber Security, Technology
The National Cybersecurity Centre (NCC) detected over 3.8 million cyber threats in the first quarter of 2018-2019, indicating that Kenyans continue to be at a high risk of online attacks. According to a new report by the Communications Authority of Kenya (CA), the threats represented an increase of 11.76 per cent from the last quarter of the year where 3.4 million threats were detected. CA attributed the increased threats to enhanced cyber threat detection capabilities through deployment of additional sensors and increased resources towards cyber threat analysis “The cyber threats detected varied from denial-of-service (DoS) including botnet and brute-force attacks that led to denial of computer services and illegal access to computer systems; online impersonation