Apple Launches AI on iPhone
Apple has introduced its long-awaited artificial intelligence suite, Apple Intelligence, for select iPhone users globally.
Category: Business
Kenya Power Reports KSh 30.08 Billion Profit
The strength of the Kenyan shilling for most of the year played a key role in reducing the utility company’s financial costs, an improvement from the previous financial year’s KSh 3.19 billion loss after tax.
Boeing Workers Reject 35% Pay Increase Amid Widening Strike
The International Association of Machinists and Aerospace Workers (IAM) announced that 64% of its members opposed the deal, extending a strike that began on September 13.
Huawei Cloud Experiences Rapid Growth in South Africa, Plans Further Expansion
Despite the growth, Shi noted that total revenue from the region remains modest, motivating Huawei to scale its offerings to serve a larger market share
Savannah Clinker Raises Offer for Bamburi Cement Acquisition by KES 2 Billion
Savannah Clinker Limited has increased its offer for the acquisition of Bamburi Cement, solidifying its position against Tanzania’s Amsoms, which presented a lower bid.
Rwanda Ranked Among Top Global Performers in World Bank’s B-READY Report
This ranking re-affirms Rwanda’s reputation as one of Africa’s most attractive investment destinations.
Pinterest Accused of Privacy Data Breach in the EU
Pinterest is accused of failing to obtain proper consent from users before tracking them for advertising purposes.
BasiGo Secures $38 Million for Expansion
BasiGo plans to use the funds to expand its electric bus manufacturing capacity, as it plans to put over 1,000 electric buses across East Africa in the next three years.
Nigeria Stops Sale of Shell’s Onshore Oil Assets
Nigeria has blocked the sale of Shell’s onshore and shallow-water oil and gas assets in the Niger Delta, according to…
KRA to Introduce WhatsApp Tax Invoicing
The Kenya Revenue Authority (KRA) is set to launch a WhatsApp bot that will allow taxpayers to generate electronic tax…