The authorization to introduce Safaricom’s mobile money service, M-Pesa, in Ethiopia has been given. The Safaricom…
Category: Business
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Judiciary And Treasury Are At odds On A Tax Dispute Deposit Plan
A Supreme Court judgment issued earlier this year prohibiting the imposition of conditions before a matter…
The Treasury Intends To Tax Cryptocurrency Exchanges That Serve Over 4 Million Kenyans
If new legislation are passed, Kenya would begin charging cryptocurrency exchanges for commissions received from the…
Ruto Gathers More Debt In The First Six Months Than Uhuru
In its first six months in office, President William Ruto’s administration borrowed Sh17.4 billion more than…
Donors At Multimedia University Not Yet Paid For Up To Five Years
In response to a severe cash shortage that threatens to halt the institution’s operations, Multimedia University…
The New Deputy Governor Of The Central Bank Takes Office
After a seven-year wait, the Central Bank of Kenya (CBK) has a new deputy governor. Dr.…
KRA Loses Sh900 Million In A Tax Dispute With Coca-Cola
The High Court has dismissed a case in which the Kenya Revenue Authority (KRA) sought Sh900…
World Bank: Use AI To Direct Housing Planning
According to the World Bank, Kenyans living in informal settlements are not benefiting from newly built…
KPA Switches Its Shipping Operations To The E-Citizen Portal
As the state aims to move almost 5,000 functions online, the Kenya Ports Authority (KPA) has…
Kenya Faces Debt Repayment Difficulties As Foreign Exchange Reserves Fall
Kenyans are staring at difficult economic times ahead as government moves to ramp up revenue collection…