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Tuesday, May 19, 2026
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Elon Musk’s Starlink internet uptake in rural Africa slowed by high hardware costs and monthly fees

Elon Musk’s Starlink internet service, which entered the Kenyan market last year to much fanfare, is losing traction as rising costs and declining speeds...

Naspers, Africa’s Top Stock, Posts $12.3Bn Profit on Tencent Gains

Naspers, Africa’s largest publicly listed company by market capitalization, has posted Profit After Tax (PAT) of US$12.26 billion, surpassing revenue of US$7.18 billion-for the...

TransCentury, East African Cables Shares Suspended; NCBA Share Price Hits Decade-High in Investment, Kenyan News, Markets

The decision follows the appointment of PricewaterhouseCoopers’ George Weru and Muniu Thoithi as joint receivers and managers, after TransCentury was placed under receivership and...

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