Fortune

X has officially surpassed 1 billion downloads. The platform now holds a 4.3★ rating with more than 22.9 million reviews showing just how massive its global reach has become. Since Elon Musk’s takeover X has transformed far beyond a traditional social media app with AI video payments hiring and real-time news all being pushed into a single platform. Very few apps in the world ever cross the 1B download milestone. X just joined that club.

Fuel Prices in East Africa today: Kenya: —Petrol: Sh214 —Diesel: Sh243 Uganda: —Petrol: Sh180 —Diesel: Sh175 Rwanda: —Petrol: Sh259 —Diesel: Sh194 Tanzania: —Petrol: Sh205 —Diesel: Sh210 Ethiopia: —Petrol: Sh138 —Diesel: Sh149 Burundi: —Petrol: Sh178 —Diesel: Sh175

Finance Bill 2026 makes for an interesting & fairly technical read both from a tax policy & administration standpoint. A 🧵 on the 11 things that stand out from what we are seeing so far for me.

Safaricom delivered an exceptional financial performance for FY 2026, with total revenue increasing by 10.0% to 427.56 Bn and service revenue growing to 414.14 Bn. The group’s profitability surged, as EBITDA rose by 27.9% to 220.26 Bn and profit for the year jumped 61.0% to 73.68 Bn. This growth was supported by robust cash generation, with net cash from operating activities increasing by 23.4% to 169.91 Bn, while the return on equity improved to 34.31%. The directors have proposed a total dividend for the year of KShs 2.00 per share (a 66.7% increase YoY). This consists of an interim dividend of KShs 0.85 already paid and a proposed final dividend of KShs 1.15, resulting in a total payout of KShs 80.13 Bn. Based on the recent share price of KES 30.05, this represents a dividend yield of 6.7%. * Dividend payment Date: on or about September 4, 2026. * Book Closure: close of business on August 4, 2026.