Chinese billionaire Jack Ma will make his first investment in Kenya through taxi firm, Didi Chuxing, in a partnership with Taxify. Didi, partly owned by Jack Ma’s Alibaba Company, will invest in Taxify, an Estonian online taxi firm with operations in Nairobi. ALSO READ: Jack Ma: How A Poor Rural
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Rwandans are voting today in presidential elections, with incumbent Paul Kagame widely expected to win his third term in office. The 59-year-old is being challenged by Frank Habineza of the Democratic Green Party of Rwanda, and independent candidate Philippe Mpayimana. Kagame is credited with the country's rapid economic development since
Read MoreWitnesses and military officials in South Sudan said at least six people were killed in an attack Wednesday on a bus convoy traveling between Juba, the capital, and Nimule, on the country’s southern border with Uganda. Four civilians and two national security service members escorting the convoy were killed, a
Read MoreKenya opposition leader Raila Odinga said the ruling party cannot win next week's national elections unless it rigs the result. "There is no other way that Jubilee can win elections other than through rigging and they know it - that is why they are making all the efforts," he told
Read MoreOne of the leading conservative figures in the worldwide Anglican communion has said he will not attend the next gathering of its leaders in England in October because he does not agree with those who have begun to accept same-sex marriage. The Archbishop of Uganda Stanley Ntagali told the BBC
Read MoreThere was excitement on Thursday morning as traders in Uganda's capital, Kampala gathered to listen to the country's President Yoweri Museveni along Jinja road. [caption id="attachment_3196" align="alignnone" width="960"] President Museven speaking to the traders[/caption] The President made stop overs along Jinja road, at Banda, Kireka, and Bweyogerere. [caption id="attachment_3197" align="alignnone"
Read MoreAliko Dangote has maintained his position as Africa’s richest man despite falling from being the 51st richest person in the world to the 105th in the latest 2017 Forbes billionaires list. Forbes magazine reports that Dangote’s wealth dropped from $15.4bn (£11.8bn) in 2016 to $12.2bn this year, due to Nigeria’s
Read MoreA new version of Bitcoin has been mined for the first time in the crypto-currency's history. Bitcoin Cash is the result of months of debate and development over how the currency would continue to evolve. Fears of large swings in the value of Bitcoin have so far not been realised
Read MoreA latest report indicates that Uganda’s economy is steadily recovering from hard times that have left big companies collapsed and others limping. According to the Stanbic Bank Purchase Managers Index (PMI) for Uganda, there has been an improvement in private sector business operating conditions in the country following a rise
Read MoreEquity Bank has started closing some of its automated teller machines (ATMs) as the lender shifts customers to alternative channels such as agency and mobile banking in a fresh cost-cutting strategy, Business Daily Africa reports. Kenya’s biggest bank by customer numbers told the Business Daily it has so far closed
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