MPs approve Sh8.8bn more funds for IEBC

Economy MPs approve Sh8.8bn more funds for IEBC Friday March 25 2022 Independent Electoral and Boundaries Commission (IEBC) officials register students of the University of Nairobi (UoN) as voters on October 13, 2021. PHOTO | FRANCIS NDERITU | NMG By EDWIN MUTAIMore by this Author Summary The National Assembly’s Budget and Appropriations Committee (BAC) has … Read more

Next warns of lower profits and higher prices

The boss of Next has nudged profit expectations lower for this year while warning shoppers that they will pay even higher prices for goods in an “increasingly uncertain world”. The cautious tone comes after the fashion chain reported that last year had exceeded all expectations thanks to a boom in online sales and pent-up demand … Read more

Revix launches DeFi Bundle to capitalize on one of crypto’s most compelling stories

Today, Revix – a Cape Town-based investment platform backed by JSE listed Sabvest – launches a new bundle aimed at investing in the top 10 decentralized finance (DeFi) cryptocurrencies, weighted by market cap. These cryptocurrencies are revolutionizing the financial system by using smart contracts and blockchain technology. According to DeFi Llama, roughly $ 200 billion … Read more

Hundreds of restaurants quit as 10bis ups fees

Hundreds of Israeli restaurants have informed dining solutions company 10bis that their services will no longer be required, after being told that commissions are being raised from May. 10bis operates in two ways as a discount loyalty card and food deliveries. The commission on the cards will rise from 6% to 7.5% from … Read more

Ola set to acquire Avail Finance for an undisclosed sum

Bengaluru, March 24 Mobility major Ola has reached an agreement to acquire a 100 per cent stake in Avail Finance, a neo bank that provides financial services to the blue-collared workforce, for an undisclosed amount. In 2019, Ola had invested an undisclosed sum in Avail Finance to partner on building financial solutions for Ola’s driver-partners. … Read more