Airtel Kenya plans 4G launch by year-end
Airtel Kenya, the local unit of Indian telecoms group Bharti Airtel, is aiming to launch 4G LTE services by the end of the year, to enable it to better compete in the high speed mobile data market, reports Capital FM. ‘Data is very essential in our industry and we are investing heavily to ensure that our capabilities in data and internet are substantially improved,’ the cellco’s CEO Adil El Youssefi was quoted as saying, adding: ‘We are working closely with the stakeholders, regulators and the government to ensure that we [launch] the 4G network as soon as possible, hopefully this year, to Kenya.’ Youssefi also revealed that the coverage of Airtel’s 3G network, which was launched in February 2012, has been increased to 75% of the population.
Kenya among few countries that weathered 2015 economic storm
Kenya is among the few Sub-Saharan African countries that weathered the 2015 economic storm to record an impressive growth, according to a new survey.
The International Monetary Fund (IMF) in its latest Regional Economic Outlook Survey for Sub-Saharan Africa, showed that while the continent recorded its lowest growth in 15 years in 2015, Kenya and a host of other African countries shrugged off the turbulence to record impressive growth.
Kenya’s economy expands by 5.6pc
The economy grew by 5.6 percent last year mainly driven by agriculture that performed well due to good rains received during the year.
The growth is higher than the 5.3 percent registered in 2014. Agriculture grew 5.6 percent in 2015 from 3.5 percent the previous year, driven by abundant rainfall.
Most economic sectors also expanded except tourism, which continued to bear the brunt of travel advisories by key source markets and worries about insecurity.
Property developers embrace new technology to cut costs
Property developers are embracing alternative technologies to cut costs and maximise the returns while still maintaining quality standards.
This is in response to the rising costs of construction and finance which have made housing unaffordable to many people.
Among the new technologies being applied is the expandable polystyrene system (EPS), which could replace the traditional brick-and-mortar process.
