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Airtel Kenya partners with National Bank on m-banking

Business

Airtel Kenya has launched a partnership with National Bank of Kenya (NBK) to deliver mobile banking services through the Airtel money service. The mobile banking service will allow Airtel customers to access their National Bank accounts free from their phones for the first three months, with minimal charges after the three-month campaign, Airtel said. Customers will be able, via mobile, to view their accounts, manage their accounts, make bill payments, transfer money to their Airtel Money accounts from their bank accounts and vice versa. In addition, National Bank agents will offer Airtel Money services and Airtel agents will offer National Bank services. This will be extended later to National Bank branches.

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Regulators clash over plan to censor Netflix online movies

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The Communications Authority of Kenya (CA) has differed with the Kenya Films and Classification Board (KFCB) over the handling of American online movie streaming service Netflix, which launched operations in Kenya last week. The CA Monday said Netflix will not be asked to apply for a local broadcasting licence, meaning the US firm is exempt from local broadcasting regulations that are part of the licensing conditions. The CA’s decision stood in stark contrast with KFCB’s position that Netflix must be regulated and subjected to Kenya film classifications before it is allowed to sell content locally. Francis Wangusi, the CA director- general, told the Business Daily that Netflix falls in the category of content providers that do not control transmission of their material – commonly referred to as over-the-top (OTT) — and are unlike cable companies that transmit own content over managed networks, making it impossible to license them locally or…

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Why businesses should pay attention to new commercial laws

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Kenya has undergone major legislative changes in the past 10 years. New laws geared towards making the country the region’s trading hub have been enacted and implementation is expected to begin in earnest. To spur growth in the commercial sector, for instance, laws touching on business vehicles available have been enacted or updated. The developments are meant to take away some of the barriers that have made the country less competitive globally. Kenya is currently transitioning from a regime of archaic commercial laws to one that takes cognisance of contemporary trends. More recently, Parliament enacted the Limited Liabilities Partnership Act in 2011 and the regulations governing the Act were released in 2014. In 2015, the Companies Act and the Business Registration Services Act came into effect. A glimpse at these three Acts shows that the reforms have essentially covered all the possible business vehicles that one can incorporate to trade…

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5 African Consumer Trends for 2016

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DIVASUMERS, FEMCENTRICITY, COMMON SENSE PRICING & BENEVOLENT BRIBERY: 5 AFRICAN CONSUMER TRENDS FOR 2016 Despite slowing growth brands remained strong and new business opportunities were exploited by those advantaged more than others due to the kind of information they had access to. In 2016, it will be imperative for B2C professionals operating in Africa to understand the direction of consumerism across multiple dimensions. The slump in commodities prices affected many countries in Africa this year but it was not enough to hold down African brands from competing globally and challenging the status quo of western domination in business. From South African manufacturers approached to produce clothing for the Royal Court of Sweden to Nigeria’s iRokotv’s Nollywood streaming deal with Netflix, a global leader in internet video streaming service, 2015 proved that the world is taking Africa seriously and 2016 will not be different. Here’s a summary of the report, contextualized by…

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