Safaricom (NSE: SCOM) on Wednesday became the second telecommunications company to introduce ultra-clear HD voice calls over 4G LTE network to its customers at no additional cost. VoLTE offers a richer calling experience and clearer calls achieving High Definition voice quality. This is due to the ability of 4G networks to support a higher data capacity which in turn can carry up to three times more data per call compared to 3G networks and six times more compared to 2G networks. VoLTE also eliminates background noise, background jitter and other distortions that are characteristic of older calling technologies. “Today, we are…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
Parenting website for expert advice and online community support in Kenya, MumsVillage has entered the e-commerce space with the launch of its marketplace, MumsVillageShop. The new marketplace aims at becoming a one-stop-shop for mum and baby products and transforming the shopping experience for such products. “We have grown to become a trusted source for parenting information and community connection in Kenya,” said Isis Nyong’o-Madison, CEO, MumsVillage. Explaining her rationale behind diversifying into e-commerce, she said. “The MumsVillageShop meets the need for parents to have a central place to search, select and buy from a wide range of local and global…
Stanbic Bank has partnered with International Finance Corporation for a women’s banking proposition dubbed Dare to Aspire Dare to Achieve (D.A.D.A). Dorcas Kombo, Stanbic Holdings director said the bank has set aside KSh20 billion to lend to SMEs and women entrepreneurs to tap into it. “DADA will address women’s needs to borrow, save and the provision of financial information to unleash all entrepreneurial endeavour,” Kombo said. Charles Mudiwa, Chief ExecutiveStanbic said they intend to improve supplier diversity and grow their spend with women-owned businesses from 2% to 15%.
Why it may be the time for your company to buy office space in Nairobi. Reports in the dailies indicate that there’s an oversupply of office space in Upperhill and Westlands, and for the past two years the smart money has been busy negotiating new leases with lower rent. But the EVEN smarter money has been waiting and watching the Real Estate market cycle and in the last 6 months, has been starting to buy their office space. Here is why: Economies and markets are self-correcting! In the Real estate market, we have a four-stage self-correcting cycle. These stages are…
Experts and pharmacists have faulted sections of the proposed Kenya Food and Drugs Authority (KFDB) Bill, 2019 that states that the regulation of food and medicines be merged and controlled by a single body. The Bill which was tabled by Dr. Robert Pukose, the MP for Endebess Constituency in Trans-Nzoia County is now being scrutinized by the Parliamentary Health Committee following its first reading in parliament. However, it has received opposition from the Pharmaceuticals Society of Kenya, the Fresh Produce Consortium of Kenya, Association of Public Health Officers of Kenya, Kenya Health Professionals Society and Kenya Livestock Marketing Council, the…
Safaricom (NSE: SCOM) became the first African country to be inducted as the 4th member of the highest governing body of the Unstereotype Alliance, an industry-led initiative convened by UN Women to end harmful stereotypes often perpetuated through advertising. The Alliance, is chaired by Phumzile Mlambo-Ngcuka, UN Women Executive Director. It currently has Mr. Alan Jope, Chief Executive Officer, Unilever, Ms. Fiona Carter, Chief Brand Officer, AT&T and Mr. Michael Roth, Chief Executive Officer, IPG. Sylvia Mulinge, Chief Customer Officer, Safaricom will join the Council as the Vice Chair. “We are delighted as a company to be part of a…