Author: Muindi

East Africa became one of the continent’s most active cybercrime zones in 2025, according to INTERPOL’s African Cyberthreat Assessment Report 2026. The region’s runaway success with mobile money has created exactly the kind of target criminals want: fast, high volume, and still catching up on security. From SIM swap fraud in Kenya to a ransomware incident on Uganda’s national power grid, the pattern across the region points to one conclusion. Digital adoption has sprinted ahead of the defenses meant to protect it. A Region Defined By Two Threats INTERPOL’s assessment identifies East Africa as a hub for two dominant threats:…

Canal+ recognised a €15 million (R285 million) gain from the closure of Showmax, according to its half year results for the 2026 financial year. The results cover the six months to June 2026 and mark the first set of Canal+ financials to fully incorporate MultiChoice. Canal+ acquired all of MultiChoice’s shares and delisted the company from the JSE in late 2025. How the Gain Was Calculated Canal+ recognised a €48 million (R914 million) once off tax gain tied to the shutdown of Showmax. This offset the impairment of Showmax’s assets and a €14 million (R266 million) net loss from provisions…

Africa arrived in Glasgow with quiet ambition. It leaves with a medal haul that tells a louder story. With the Games drawing to a close, three nations carried the continent’s flag into the top half of the table: Nigeria, South Africa and Kenya. Behind them, Cameroon, Mauritius, Uganda, Namibia, Ghana, Zambia, Lesotho, Gabon, Rwanda and The Gambia have each punched above their weight, proving that African sport now runs deeper than a handful of powerhouse programmes. Nigeria Turns the Platform Into a Stage No African nation has dominated a single discipline the way Nigeria has owned weightlifting and para powerlifting…

Kenya’s cost of living rose again in July, reversing June’s brief easing and keeping households squeezed by expensive fuel, pricier food and rising electricity bills. Annual inflation reached 6.5 per cent in July, up from 6.4 per cent in June, according to data released Friday by the Kenya National Bureau of Statistics (KNBS). The reading came in just below the 6.7 per cent forecast by the Central Bank of Kenya (CBK), but it marks the third straight month that inflation has sat above the midpoint of the bank’s target band of 2.5 to 7.5 per cent. On a month to…

Safaricom PLC shareholders approved a total dividend of KES 2.00 per share for the year ended 31 March 2026 at the company’s Annual General Meeting on Friday, bringing the payout to roughly KES 80.13 billion, the company’s largest to date. The final dividend of KES 1.15 per share, approved at the virtual meeting, adds to an interim dividend of KES 0.85 per share paid in March 2026. The final dividend will be paid on or about 4 September 2026 to shareholders on the Register of Members as at close of business on 4 August 2026. “This has been a defining…

Centum Investment Company Plc closed its financial year to 31 March 2026 with a debt-free holding company balance sheet and a dividend nearly two and a half times larger than last year. The Board has proposed a total payout of KES 521 million, made up of an ordinary dividend of KES 0.42 per share and a special dividend of KES 0.36 per share, for a combined KES 0.78 per share. That step up did not happen by accident. It marks the end of a six-year deleveraging programme the company started in 2020, and the Board says it can now shift…