Safaricom has once again demonstrated why it remains the most dominant telecom and technology company in Kenya. With total revenue reaching KES 388.7 billion for the financial year ending 31 March 2025, the company has reinforced its position as the most profitable corporate entity in the country. This amount is equivalent to about USD 3...
Illegal Mining Damage repair Prevail International has launched a Presidential River Rehabilitation Programme aimed at restoring river systems that have been heavily damaged by years of illegal mining. The initiative also seeks to create jobs for local communities and relocate riverbed dwellers into safe housing. Led by Presidential Investment Advisor Dr Paul Tungwarara, the programme...
South Africa’s Khula! is making major waves in agriculture, proving that technology can truly transform the lives of small scale farmers. The agritech firm recently raised R126 million in fresh funding, a clear vote of confidence in its vision to support farmers across the country. This remarkable milestone tells a bigger story: one of innovation,...
Meet Elly Savatia, a young Kenyan entrepreneur changing the game for inclusive communication. He is the founder of Signvrse, the creator of Terp 360, a cutting-edge AI-powered app that translates speech and text into sign language using lifelike 3D avatars. His work is already gaining serious recognition across Africa and beyond. Savatia won the Royal...
African electric‑mobility company Spiro has scored a major win with a $100 million funding round, led by the Fund for Export Development in Africa (FEDA), to accelerate its rollout of electric motorbikes and battery‑swapping infrastructure across the continent. This injection of capital could transform transport for ride‑hailing and delivery drivers in multiple African countries. Spiro, founded...
In Zimbabwe, South Africa, Zambia, and Mozambique, many job seekers are being lured into fake recruitment schemes. These scams promise employment in health or public services. In reality, victims lose hard‑earned money and get nothing in return. This growing wave of exploitation highlights how unscrupulous actors target the vulnerable when they are most hopeful. Fake...
President Ramaphosa met EU leaders in Sandton ahead of the G20 Leaders’ Summit. The trilateral talks with the President of the European Council António Costa and the President of the European Commission Ursula von der Leyen focused on stronger economic and political ties. The meeting reinforced South Africa’s role on the global stage. It also...
Ok Zimbabwe has closed 11 stores as part of a rapid consolidation effort. The move follows months of mounting financial pressure. Management says the closures aim to reduce losses and stabilise the business. The company now operates a smaller national footprint while it pursues a wider turnaround plan. Several root causes explain why Ok Zimbabwe...
A new fast food concept has officially launched in South Africa, backed by Springbok legend Retshegofaditswe “Ox” Nché. The brand, called The Braai Republic, brings the spirit of traditional South African braai into a modern quick service restaurant model. It combines culture, flavour and community in a way that aims to stand out in the...
South Africa finds itself at a difficult crossroads as the Reserve Bank’s policy decisions create deeper economic stress. While some expect a small rate cut, analysts warn that the central bank may keep rates high longer than hoped. This could add significant strain on households, businesses, and the broader economy. The Monetary Policy Committee is...