Buy Now Pay Later firm Aspira Kenya has announced a strategic partnership with Hotpoint Appliances and Avana Laundromat to finance up to Ksh 3 million to SMEs in the laundromat business. Launched as part of the Aspira SME Bizna financing programme, the deal will see Hotpoint Appliances provide laundry equipment, […]
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Google and the USAID eTrade Alliance have announced a partnership to expand the reach of the Hustle Academy Program in Kenya. This collaboration aims to provide 2,500 Small and Medium Businesses (SMBs) with access to critical resources and digital tools to foster growth over 18 months. This will bring the […]
Meta Platforms has lost a bid to suspend proceedings at the Labour Court in which Facebook content moderators are battling their sacking. Even though interim orders are in place suspending their redundancy, Meta has tried to have the matter dismissed, citing jurisdiction issues but the court has declined. Meta moved […]
By Antynet Ford The Bank of Kigali has committed to providing Sh17.9 billion worth of loans to farmers and businesses across the agricultural value chain. A portion of the funding will be provided at a concessionary interest rate of as low as 8% per annum, which is less than half […]
The education sector experienced the highest rate of ransomware attacks in 2022 according to a new report by cybersecurity service firm Sophos. Titled “The State of Ransomware in Education 2023” the report shows that 79 percent of higher educational institutions and 80 percent of lower educational institutions reported being targeted […]
LG Electronics East Africa has unveiled its state-of-the-art dryers and dishwashers for the Kenyan market with an aim to revolutionize how Kenyan households manage their laundry and dishwashing needs. This is part of the company’s commitment to enhance consumers’ lives through advanced technology and superior quality. Speaking during the rollout […]
Twitter’s boss has unveiled the social media site’s new logo, featuring a white X on a black background, which will replace its blue bird. In a tweet on Monday morning, Linda Yaccarino said “X is here! Let’s do this.” “Tweets” will also be replaced, according to Twitter’s owner Elon Musk, […]
LG Electronics has announced Sh100.21 billion in operating profits in its preliminary earnings for the second Quarter of 2023 ending June 30th 2023. This is the second-highest second-quarter operating profit in the company’s history. The operating profit increased by 12.7 per cent compared to last year’s quarter, reflecting continuous growth based […]
Haven’t you heard? Flip phones are making a comeback. Okay, maybe you’ve heard that a lot for the past couple of years, and it never really stuck. Some might say they’re too flimsy, expensive, and or gimmicky. But there’s a reason companies are investing heavily in foldables. Despite the reservations […]
Sophos, a global leader in innovating and delivering cybersecurity as a service, today launched Sophos Managed Detection and Response (MDR) for Microsoft Defender, a fully-managed offering that provides the industry’s most robust threat response capabilities for organizations using Microsoft Security. Sophos MDR for Microsoft Defender adds a critical layer of […]
