Safaricom's operating profit for the year ended March 2023 rose by 20% to Sh140 billion. The posting makes Safaricom the first company in East Africa to hit past a billion-dollar mark in earnings. Safaricom CEO Peter Ndegwa announced that M-Pesa has officially surpassed the 40 percent milestone in contributing to Safaricom's service revenue. For the fiscal year ending on March 31, 2024, Safaricom reported a 23 percent decrease in net earnings, totaling Sh42.6 billion compared to Sh52.4 billion the previous year. M-Pesa emerged as the leading contributor to the company's service revenue, exceeding the 40 percent mark.

Lesaka Technologies has agreed to acquire payments technology firm Adumo for R1.59 billion in a cash-and-share deal that brings in Patrice Motsepe's African Rainbow Capital (ARC) as an investor. Lesaka, formerly Net1, intends to pay R232 million in cash, and issue shares representing about a quarter of what it has in issue, in order to acquire Adumo - SA's largest independent payments processor. The transaction will add more than 23 000 merchants and a primary business, including card-acquiring, integrated payments and reconciliation services amounting to R24 billion a year, Lesaka said in a statement.

The Auditor-General has raised the alarm over the possible loss of Sh1.3 billion annually by Kenya Pipeline Company (KPC) through payments to the moribund Kenya Petroleum Refineries Limited (KPRL) . In the fiscal year 2021/2022 review, the auditor questioned KPC’s payments to the company, which ceased operations about 10 years ago. The auditor also questioned the criteria KPC was using to grant waivers to some oil marketing companies and not others without a policy. To remedy this, the committee directed KPC to work with various stakeholders to formulate a policy to guide the waivers to stop corruption or discrimination. The Auditor-General’s report on Kenya Pipeline for the year to June 30, 2022 shows expenditures of Sh13,791,313,695 as direct costs, including Sh2,530,110,019 for pipeline maintenance.

Kim Kardashian's appearance at Monday's Met Gala has sparked a peculiar new cosmetic surgery theory. But now, a new detail about her look has been called out by eagle-eyed social media users — her very smooth hands. There are a couple other products people have filling hands with too. In a 2022 interview with Allure, Kim revealed that she hates her hands, calling them 'wrinkly and gross.' Kim clarified that while she is at peace with her looks, she would 'still do anything to look and feel youthful.'

Police are investigating a dramatic and tragic incident where two fishermen drowned in Lake Victoria after engaging in a physical confrontation over a fish-breeding zone in the lake. Police said Enock Opiyo, 25 and Dancan Okoth, 40 from Uwi Beach drowned on Tuesday evening during a fight with their colleagues from Koginga Beach. Witnesses said trouble began when a group of fishermen from Koginga invaded a fish-breeding zone in Uwi. Police say the Koginga fishermen hit their colleagues' boat forcing it to capsize. Three fishermen were rescued while the two died on the spot, police said adding the search for the bodies was ongoing.

Days after the Mai Mahiu disaster left over 60 dead and property worth millions destroyed, victims of the tragedy are not ready to return to their homes. This came as members of Uwezo land buying company visited the families living in Mai Mahiu camp. One of the victims, George Njogu, said they were not ready to be resettled in their former land. Evangelist Lucy Ngunjiri who has hosted the victims at her Prayer Center in Mai Mahiu said many needed counselling following the ordeal. “I decided to give out this facility for free to host these families following the tragedy as they need all manner of support as they restart their lives afresh,” she said.

US Visa Processing Requirements Issued By EmbassyNairobi: On Monday, the US embassy in Nairobi issued a new set of Visa processing requirements. "Failure to comply with the below will result in the cancellation of their Visa appointment," the Embassy said. Under the new directive, all visa applicants must locate their DS-160 confirmation page. At the website https://ais.usvisa-info.com/en-ke , they will be able to select the edit button under the gear icon and replace the old DS-160 number with your new, correct DS-160 number. From there, they should be able to select the edit button and replace the old DS-160 number with the new, correct DS-160 number.

$25 tickets on sale now for Live Nation's Concert Week shows in Omaha areaLive Nation Concert Week is underway with $25 tickets available.Tickets are on sale now for more than 5,000 shows, including nearly 40 in the Omaha area.Live Nation’s limited-time ticket offer from May 8 to 14 encompasses artists spanning a variety of genres, including pop, Latin, hip-hop, country, R&B, rock, metal, electronic, comedy and more. Related video above: Annual concert in Memorial Park announces headliner and special guestShows in the Omaha area include Lionel Richie, Taking Back Sunday, The Beach Boys, Chevelle, Maren Morris, Luke Bryan, Elle King, Peso Pluma, P!nk, Korn and more.Click here to buy tickets for all the participating shows.Click here for the latest headlines from KETV NewsWatch 7Live Nation Concert Week is underway with $25 tickets available. Tickets are on sale now for more than 5,000 shows, including nearly 40 in the Omaha area. AdvertisementLive Nation’s limited-time ticket offer from May 8 to 14 encompasses artists spanning a variety of genres, including pop, Latin, hip-hop, country, R&B, rock, metal, electronic, comedy and more. Click here to buy tickets for all the participating shows.

ERROL PARKER | Editor-at-large | ContactLocal man Alan Johnson was seen drinking a full-strength Coca-Cola at the park yesterday afternoon, despite not being hungover or in any other state of internal turmoil. “I couldn’t believe my eyes,” said Lucy, a bystander who knows Johnson from the gym. “Alan is always preaching about the dangers of sugar and how it’s like poison for your body. Seeing him drink a Coke like it’s no big deal was surreal. “I mean, who doesn’t enjoy the occasional rush of sugar and caffeine?

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COLUMBUS, Ohio – The state House passed legislation Wednesday to allow a coal-burning facility in southern Ohio to claim a renewable energy credit – a commodity that utility companies pay for in cash to comply with Ohio’s green energy requirements. SunCoke Energy operates 200 garage-sized ovens in Scioto County that refine coal into “coke,” a purified carbon used in the blast furnace production of steel. Instead of wasting the steam it produces as a byproduct, SunCoke sells it to a neighboring plant owned by Altivia Petrochemicals, which uses the steam in its production of chemicals like phenol, acetone, and alpha-methyl-styrene.

20 000 Zimbabweans were granted visas to work in care jobs in the UK, often for elderly people. Zimbabwean care worker Marian dreamt of her teenage daughter joining her for a new life in Britain, but new migration rules have left them stranded on different continents. The 41-year-old boarded a plane for Britain in July after securing a job as a care worker for the elderly in the northern city of Leeds. Since March, overseas health and social care staff earning under £29 000 (R675 000) a year can no longer bring family dependents to Britain. 'Split up'More than 20 000 Zimbabweans were granted UK health and care worker visas in the year ending June 2023, accounting for about 17% of the total, according to government figures.

Instead of coffee and pancakes, how about Coca-Cola muffins? The cookbook included recipes like Coca-Cola soup, Coca-Cola cobbler and even Coca-Cola salad. Watch the video above to see how Coca-Cola muffins are made. The cookbook included recipes like Coca-Cola soup, Coca-Cola cobbler and even Coca-Cola salad. Watch the video above to see how Coca-Cola muffins are made.

Despite booking one of the world’s finest restaurants, Bill Gates, the billionaire co-founder of Microsoft Corp., has notoriously displayed his preference for simplicity. During an exclusive booking at the ABaC restaurant in Barcelona, Gates stunned staff and patrons alike by opting for a Diet Coke over the restaurant’s lavish $313 tasting menu. He ordered a Diet Coke and went back to his plane." Gates himself noted in a 2014 GatesNotes blog post that he consumes several cans of Diet Coke daily, writing: "Once I'm at the office, I usually open a can of Diet Coke. This article Bill Gates Booked An Entire Michelin-Star Restaurant For Two Days — He Only Ordered A Diet Coke And Went Back To His Plane originally appeared on Benzinga.com© 2024 Benzinga.com.

Lindsay Lohan was caught trying to escape rehab facility the Betty Ford Center after she got a hankering for "Coke," and we aren't talking the cocaine variety. Lohan checked into the facility that forbids luxuries such as caffeine and television last month after failing two court-ordered drug tests. All went awry when Lindsay's accomplice got her clothing caught in the center's wire fence which lead them to require assistance. A source told RadarOnline.com that "Lindsay and her co-conspirator were forced to give it up and flag down a volunteer, who was crossing the center's grounds on a golf cart." Li-Lo is due in court on October 22nd for a probation hearing following her failed drugs tests.