Kenya is one of the most attractive markets for mobile money because of the success of Mpesa, launched by Safaricom, which is 40 per cent owned by Vodafone, nine years ago. Visa, the world’s largest payment company, has taken the competition for mobile money service a notch higher with the launch of mVisa that enables Kenyans use mobile phones to transact cash and make payments. The payment service platform has partnered with four banks in Kenya to launch a mobile phone payments platform that will mount the first credible challenge to the country’s dominant Mpesa system. The rollout of the service will enable Kenyans make free domestic mobile money transfers using mVisa. The daily limit for person to person transfers is set to be Sh250,000 with the per transaction limit being
Social media is undoubtedly a lot of fun and many a brand, including personal brands, have established themselves with social media. From emojis to videos, the visual form of messaging has taken the social media platforms to yet another level. Facebook, a popular social media platform has said that the most-used emoji on Facebook in the U.S. during the past 30 days was rolling on the floor laughing, while face throwing a kiss was tops on its messaging application. Globally, face with tears of joy topped Facebook in the past 30 days, followed by smiling face with heart-shaped eyes and face throwing a kiss. Mexico and Brazil are keen on the heart-eyed emoji. I take it as a comfort, rather than a snub, that the eggplant emoji does not appear even once on this list. Zuckerberg, Facebo...
The National Transport and Safety Authority (NTSA) in Kenya has announced that its in its final processes in the launch of a smart driving licenses with a view of replacing old paper-based ones to help in curbing rogue drivers on roads. The tech-based driving license will be fitted with an electronic chip similar to SIM cards that will contain vital details of the driver’s identity and records that can easily be retrieved electronically for reference. The card comes loaded with points to be deducted every time a motorist commits a traffic offence. Repeat offenders who will have exhausted their points will permanently lose their licences, have them confiscated temporarily, pay spot fines or be made to attend refresher driving classes. “All Kenyans will be required to have the new
Cities in Europe have woken up to emulate the success in Silicon Valley. The New York Times reported that President Emmanuel Macron urged the French to make their country “the leading country for hyper-innovation.” He encouraged the crowd of entrepreneurs to “transform” and “shake up” the country. On its part, the French government committed to support entrepreneurs through a number of incentives including, making the country more business-friendly. The story of European start-ups is the same across capitals. New venture capitalists are emerging to support the growing appetite for entrepreneurship and they are succeeding. The United Kingdom, which was a front-runner in creating technology hubs, is reaping big returns from the sector. According to Tech Nation, a government report
Uber has announced new rules that bars users below the age of 18 from having an uber account as it introduced tough new rules for riders and clients. This follows complaints from clients and riders going as far back as 2016, with the latest allegations on sexual harassment leading to the firing of 20 employees as reported this year. The new rules, published for the first time ,explain why riders can lose access to Uber. “Those under the age of 18 can take an Uber with adult supervision, but cannot have an account themselves. Parents or guardians need to accompany children at all time,” the policy states. “Going forward, if Uber finds that an unaccompanied minor is the account holder the account will be immediately deactivated. If the company finds that the rider is under the age o