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GC Wellbeing has signed a technology transfer agreement with Japan’s Healthy Navi

On July 15, GC Wellbeing announced that it had agreed to a technology licencing agreement with Healthy Navi of Japan for its functional raw material G

On July 15, GC Wellbeing announced that it had agreed to a technology licencing agreement with Healthy Navi of Japan for its functional raw material Green CeraF lonicera japonica flower extract or honeysuckle extract. In Japan Healthy Navi creates and distributes functional and common food ingredients. The green ceraf has been acknowledged by the Japanese Ministry of Food and Drug Safety as a useful substance that can enhance stomach health by defending the gastric mucosa. Read More..

B2B Tech News | 2 years ago        

Nairobi Hospital says its cancer center is a pedestrian bridge under threat

Nairobi Hospital is asking the Kenya City Road Authority Kura to stop the construction of a pedestrian bridge linking its Ngong Road facility to the K

Nairobi Hospital is asking the Kenya City Road Authority Kura to stop the construction of a pedestrian bridge linking its Ngong Road facility to the Kenyatta National Hospital as it poses a risk to the safety of patients in the hospital. The hospital’s chief executive, James Nyamungo, said work on the footbridge had to be temporarily suspended because people were exposed to radiation. We care about the safety of radioactive materials implanted in our cancer treatment center. The boat bridge has been under construction since January. The other two pedestrian bridges are near the Coptic Church and the Kenya College of Science and Technology, which have been under construction since last year. Read More..

B2B Tech News | 2 years ago        

SBI increases the lending rate by 10 basis points

The countrys largest lender, the State Bank of India, has decided to raise the marginal cost of lending rates MCLR on loans by 10 basis points, or 0.1

The countrys largest lender, the State Bank of India, has decided to raise the marginal cost of lending rates MCLR on loans by 10 basis points, or 0.10 percent, starting July 15, 2022. For a oneyear mandate, the bank has decided to raise the MCLR to 7.50% from the current 7.40%, according to a statement released Thursday by the State Bank of India on its website. For the sixmonth term, the MCLR will be increased from 7.35% to 7.45%. The twoyear MCLR will be increased from 7.60% to 7.70%. In three years, it will have increased from 7.7% to 7.8%. Read More..

B2B Tech News | 2 years ago        

Digicel is currently concentrating on trade in the Caribbean and Mesoamerica

Digicel has completed the sale of its Pacificbased business to Telstra, based in Australia. A Jamaicanbased telecommunications company has announced t

Digicel has completed the sale of its Pacificbased business to Telstra, based in Australia. A Jamaicanbased telecommunications company has announced that it has agreed to a mandatory arbitration process to settle a single exit fee of PGK 350 million approximately $ 99.4 million in dispute. Digicel Pacific was sold to Telstra for $ 1.85 billion with Australian government funding. Digicel expects to collect $ 50 million for the first benefit period based on operating income performance for the year ended March 31, 2022. Read More..

B2B Tech News | 2 years ago        

The delivery of advertising space on Myntras web platform attracts 18% of GST

The GST Authority for Advance Rulings AAR, Karnataka, has determined that an 18% Goods and Services Tax is levied on the provision of advertising spac

The GST Authority for Advance Rulings AAR, Karnataka, has determined that an 18% Goods and Services Tax is levied on the provision of advertising space by Myntra Designs. The company provided space on its web platform to Lenzing, a Singaporebased company. The transaction was with a nonresident entity and the consideration was received in foreign exchange. AAR has cited a lack of its jurisdiction in the matter, refraining from making any clarifications, except that a domestic transaction of similar nature would continue to be taxed at 18%. Read More..

B2B Tech News | 2 years ago        

Safaricom has compiled a ranking of the most valuable companies in Kenya in 2022

Safaricom and Equity Bank are among the most valuable brands disrupting the use of technology in 2022. Safaricom retained the top spot for brand equit

Safaricom and Equity Bank are among the most valuable brands disrupting the use of technology in 2022. Safaricom retained the top spot for brand equity as the shares took second place. Safaricom’s UGC is Kenya’s most valuable brand at $ 689 million KSH81.4 billion. Safaricom acquired $ 245.6 million Cash 29.03 billion from its mobile service MPesa. Equity Bank is second with an AAA + estimate of USD 388 million KSH 45.9 billion. Read More..

B2B Tech News | 2 years ago        

Latin American investment in startups fell sharply in the second quarter

Venture investment in Latin American startups totaled just $2.3 billion in the second quarter of 2022, per Crunchbase data. That represents a drop of

Venture investment in Latin American startups totaled just $2.3 billion in the second quarter of 2022, per Crunchbase data. That represents a drop of more than twothirds from the yearago quarter and ranks as the lowest quarterly total since 2020. Crunchbase counted 203 disclosed rounds in Q2, down 38% from Q1 and 39% from last year. Crypto and real estatefocused unicorns in Latin America have seen their funding dry up in the face of a tighter environment. In the crypto space, two unicorns operating cryptocurrency exchange platforms have reportedly laid off staff in recent months. For Q2, investors put $1.1 billion into earlystage deals Series A and B, a decline of around 15% from Q1 and 35% from the prior quarter. Read More..

B2B Tech News | 2 years ago        

Creating a national power grid to follow the sun was dismissed as impossible

Eastern states have faced energy reliability issues, most recently with blackouts in Queensland and New South Wales this year. By creating a single na

Eastern states have faced energy reliability issues, most recently with blackouts in Queensland and New South Wales this year. By creating a single national grid, eastern states could obtain solar power from Western Australia during the evening slope, when energy consumption is typically highest. Building a long transmission line between WA and the eastern states could cost billions and would likely be more expensive than building more accumulators in the east. Read More..

B2B Tech News | 2 years ago        



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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