Global premium smartphone brand TECNO has launched the “PHANTOM X2” smartphone with a 4nm MediaTek Dimensity 9000 5G chipset in Kenya. Priced at Ksh 68,000 and Ksh 83,000 for the Phantom X2 and the Phantom X2 Pro, the smartphones come in stardust grey and moonlight silver colours. https://twitter.com/TECNOMobile254/status/1615443131108843526?s=20&t=05iNMX0vWeKWDBT_Dadn-g TECNO PHANTOM X2 is powered by the outstanding MediaTek Dimensity 9000 5G chipset, which is built on 4nm fabrication and runs at 3.05GHz. The MediaTek Dimensity 9000 processor makes the PHANTOM X2 a superior gaming and multitasking smartphone with immersive experiences for TECNO customers. TECNO PHANTOM X2 comes equipped with the highly…
Author: Muindi
Muindi
Experience working on communication and marketing departments and in the broadcast industry. Interested in sustainable development and international relations issues.
Tea earnings increased by 28.8 per cent to KSh 136.6 billion in 2022 from KSh 106 billion in 2021 at the Mombasa Auction. According to the East African Tea Traders Association (EATTA), during the review period, farmers sold 481.9 million kilogrammes of tea at an average price of $2.29 (Ksh283.502), an increase from the $1.99 (Ksh246.362) registered in 2021. The volume sold through the auction increased by 11.4 million kilogrammes from 470.5 million kilos traded in 2021. “Despite the challenges witnessed during the year, for instance, increased drought, prices remained above $2 (KSh247.6), unlike in 2021 when more than half…
Kenyan fintech company Kwara, helping turn traditional savings cooperatives into modern digital banks, has acquired IRNET Coop Kenya Ltd. This software company is a subsidiary of the Kenya Union of Savings and Credit Cooperatives (KUSCCO LTD). Kwara has also entered into an exclusive digital solutions partnership agreement with KUSCCO LTD, Kenya’s umbrella body of savings and credit cooperatives (SACCOs). Under the agreement, Kwara will offer its software solutions and mobile banking channels to rapidly increase the growth and profitability of more than 4,000 SACCOs in Kenya. Cynthia Wandia, co-founder and CEO of Kwara, stated that the startup had worked closely…
Kenyans working and living abroad sent home a record USD 350.6 million (KSh39.7 billion) in December 2022, Central Bank of Kenya (CBK) data shows. According to the latest CBK weekly bulletin, this represented a 9.5 per cent growth compared to the $320.1 million ( KSh36.2 billion) sent in November. “The cumulative inflows in 2021 were a record of $3,718 million from $3,094 million in 2020, a 20.2 percent increase,” said CBK. The US remains Kenya’s largest source of remittances, accounting for 63.2 percent in 2021. In November, remittances rose to $345.5 million, compared to $332.6 million in October, a rise…
Safaricom M-PESA subscribers, estimated at 32 million, can now withdraw money from the overdraft service Fuliza. Fuliza allowed users to make payments via till, pay bill numbers, and send money to other M-PESA customers. The service enables customers to send money or pay for goods and services when they have insufficient balances in their M-PESA wallets. Fuliza targets all Safaricom’s M-PESA customers who have been active for at least the past six months and maintain a good M-Shwari credit performance history. The M-PESA Sim Toolkit (STK) and the My Safaricom app offer the service. How to withdraw Fuliza from an…
The World Bank slashed its growth forecasts for most countries, warning that new adverse shocks could tip the global economy into a recession. According to the lender, global GDP is expected to rise 1.7% this year, roughly half the rate predicted in June. It also cut growth estimates for 2024, citing persistent inflation and higher interest rates as key reasons. It also noted the impact of Russia’s invasion of Ukraine and a decline in investment. “The crisis facing development is intensifying,” and the setbacks to global prosperity will likely persist, World Bank President David Malpass wrote in a foreword to…