Microsoft earnings

Cloud-based services drive Microsoft to record $24.1 billion in revenue in FY17 Q2

Last week, more specifically on 26th January, 2017, Microsoft released its earnings report for the quarter ended 31st December, 2016. According to the report, the Tech Company recording $24.1 billion in revenue. This was a slight increase of 1.69 percent compared to the same quarter a year previously where it reported $23.7 billion in revenue.

Oh yeah, you can sponsor Facebook Posts straight from MPESA

Fredrick Ombako is our Economic Analyst. Back in October 2016 he raised an issue about sponsored posts on Facebook on which he remarked that Facebook needs to find a way of incorporating MPESA as one of the payment options available for Kenyans – and many of his Facebook friends, including myself, agreed. However, none of

Development Bank of Southern Africa (DBSA) announces Financing of 21 Renewable Energy Projects

The Development Bank of Southern Africa (DBSA) has financed 21 renewable energy projects since the launch of the Renewable Energy Independent Power Producer Procurement Programme (REIPP). This was revealed today at the annual SA Gas Options conference in Cape Town and follows the announcement of South Africa’s Gas to Power Project Information Memorandum (PIM). Ms Lucy Chege,

Eveready gets nod to sell land at explosive EGM

Eveready East Africa board of directors has been given the greenlight to sell the company’s land in Nakuru, the strongest sign yet that the company is completely divesting from manufacturing. Meeting today at an extraordinary meeting in Nakuru, the shareholders approved a special resolution to sell the 18.5-acre piece of land on which its closed