Business - Page 3

Safaricom plans to set up smartphone factory

Safaricom has revealed that it is setting up a factory in Kenya, which will assemble between 1.2 million and 1.4 million smartphones a year, making it one the biggest players lining up to implement President William Ruto’s plan of producing Africa’s cheapest

Rwanda top profit earner for Kenyan banks

Rwanda contributed the highest volume of profit earnings for Kenyan bank subsidiaries in East Africa and beyond last year, a new report by the Central Bank of Kenya (CBK) said. The CBK said the regional subsidiaries of Kenyan banks posted a combined

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