October 04, 2022
Kenya: Online Portal Launched to Boost Insurance Uptake
Pension fund administrator Zamara Group has unveiled an online portal that will allow customers to buy insurance policies and investment plans. Read more »
Kenya: Senate Approves House Business Committee Members in Acrimonious Sitting
The Senate on Tuesday approved the 7-member list of the House Business Committee (HBC) in its first acrimonious sitting following their inauguration. Read more »
Kenya: KCB, Basigo in Deal to Finance Purchase of Electric Buses
KCB Bank customers can now access financing options to purchase electric Public Service Vehicles (PSV) following a deal the bank has secured with e-mobility startup and financing… Read more »
Kenya: President Ruto Says Govt to Re-Evaluate Budget to Manage Public Debt
President William Ruto says the government will re-evaluate the country's Budget to manage the ballooning public debt. Read more »
Kenya: Kenya Power Eyes Self-Reading of Meters to Reduce Billing Complaints
Kenya Power is targeting to increase the number of postpaid customers reading their own meters in a bid to address billing complaints. Read more »
Kenya: Cash-Crisis at First Community Bank as Customers Unable to Withdraw Funds
Shariah-compliant First Community Bank customers are unable to withdraw their monies as the bank limits heavy drawings occasioned by panicking customers. Read more »
Kenya: State Moves to License Digital Taxi Hailing Firms
The National Transport and Safety Authority (NTSA) has given all digital taxi hailing firms 14 days to apply for licenses as Transport Network Companies. Read more »
October 03, 2022
Kenya: Athletics, Football Officials Want Contractor Pushed to Complete Ruring'u Stadium
Football and athletics officials in Nyeri County want the national government to compel the contractor at the Ruring'u Stadium to finalize construction of the facility into a… Read more »
Kenya: Retired Marathoner Macharia Targets Young Entrepreneurs With Seed Funding to Improve Livelihoods
Three-time Nagano Marathon champion Isaac Macharia has called for partnerships in sports and music as a way of empowering young disadvantaged talents through funding and training… Read more »
Kenya: Kenya Re-Elected to Council of International Telecommunication Union
Kenya has been re-elected to the Council of the International Telecommunication Union (ITU), the United Nations specialized agency for Information and Communication Technologies… Read more »
Kenya: Petroleum Products to Be Exempted From Increase in Excise Tax - KRA
The Kenya Revenue Authority (KRA) says only petroleum products will be exempted from the increase in excise tax due to the implementation of the inflation adjustment. Read more »
Kenya: Why Online Drivers in Kenya Are Protesting
The Organization of Online Drivers has scheduled a peaceful demonstration tomorrow, October 4, with an aim to air their grievances about an increased commission by the online taxi… Read more »
Kenya: Bunge La Mwananchi to Stage Protests If Unga, Fuel Prices Not Reduced By Next Monday
Bunge La Mwananchi caucus has threatened to stage demonstrations starting Monday next week, if the government does not reduce Unga and fuel prices. Read more »
Kenya: Helios Exits Telkom Kenya After Offloading 60% Stake
British Investment firm, Helios Investment Partners, has offloaded its 60 per cent stake in Telkom Kenya, making the company a fully owned state parastatal. Read more »
October 02, 2022
Kenya: Power Tillers Reduce Labour Costs By 60% for Smallholder Farmers
Farmers using power tillers can significantly reduce labour costs and increase the productivity of their farms, a new report shows. Read more »
October 03, 2022
East Africa: Uganda in Fresh Bid to Ease the Doing of Business in the Region
Uganda is lobbying for increased efforts to make doing business within the East African Community region easier. Read more »
Kenya: CBK Clarifies on Lack of Foreign Exchange Reserves Claims By DP Gachagua
The Central Bank of Kenya (CBK) has issued a clarification on the state of foreign exchange reserves in the country. Read more »
September 29, 2022
Kenya: Ruto Proposes a Revamped Kenya Revenue Service in Bid for Tax Reforms
President William Ruto has proposed renaming the Kenya Revenue Authority (KRA) to the Kenya Revenue Service (KRS) to make the taxman people friendly. Read more »
Kenya: President Ruto Directs Treasury to Raise Sh300 Billion From Various Ministries
President William Ruto has directed Treasury to work with the various ministries to raise Sh300 billion in a bid to reduce the country's debt. Read more »
Kenya: Ruto Proposes Sh3,000 Top-Up for Every Sh6,000 Saved on NSSF
President William Ruto has reaffirmed his government's resolve to re-engineer the country's saving scheme to bridge the investment-savings deficit. Read more »
Kenya: Gachagua Says Envoys Who Fail to Secure New Markets in 2 Years to Be Recalled
Ambassadors and High commissioners who fail to secure new markets within two years will be recalled from their tour of duty. Read more »
September 30, 2022
Kenya: Kenya's Inflation Hits Record High of 9.2% in September
Kenya's inflation accelerated to a record high in September amid a continued increase in the cost of food, fuel, and housing. Read more »
Kenya: KRA Set to Unveil Its Web-Based TV Station to Enhance Tax Literacy
The Kenya Revenue Authority (KRA) is set to launch its web-based television station dubbed 'KRA TV" on Monday. Read more »
Kenya: 6 Million Kenyans Listed in Credit Reference Bureau for Defaulting - Metropol
Metropol, a credit management company now says six million Kenyans are currently backlisted at the Credit Reference Bureau (CRB) for failing to pay their loans. Read more »
Kenya: Ecobank Kenya Unveils Program to Support Women Entrepreneurs
Ecobank Kenya has launched a flagship program that aims to empower and support women-led businesses. Read more »