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Safaricom profits fall after M-PESA scraps fees

Safaricom profits fall after M-PESA scraps fees

Safaricom’s half year profits slumped 6% in a sign that Africa’s telecoms sector may not be immune from the commercial upheavals of Covid-19. After-tax profits at the Kenyan telecoms giant fell to Ksh33......

  • Monday, November 9th 2020
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Africa reacts as Biden elected President

Africa reacts as Biden elected President

Joe Biden has been elected as 46th president of the United States, even as Donald Trump continues to angrily contest the validity of the poll.  The 77-year old’s projected victory......

  • Saturday, November 7th 2020
  • 284
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How Africa can self-finance its economic recovery

How Africa can self-finance its economic recovery

In the wake of a continent-wide recession, a recovery designed and financed largely by Africans is well within reach. While the Covid-19 pandemic is hitting the continent hard, strategies such as asset recyclin......

  • Friday, November 6th 2020
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What the US election result means for Africa

What the US election result means for Africa

The size of the American economy, the dominance of US companies and the power of the dollar mean the results of the US election race are set to reverberate throughout the world. But what does a Trump or Biden w......

  • Thursday, November 5th 2020
  • 372
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