Kenya finds itself grappling with an unprecedented surge in cyber threats. In 2018, the country recorded…
Category: Business
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Safaricom PLC Announces New Adjustments on Service Rates
Safaricom PLC has announced an adjustment on their services after Court of Appeal lifted the suspension…
KRA Exceeds Revenue Target Amid Hospitality Sector Rebound
The Kenya Revenue Authority (KRA) has revealed that it collected Sh49.06 billion ($453 million) in customs…
KRA Faces Setback as Court Rules in Favor of Standard Chartered
The Kenya Revenue Authority (KRA) has suffered a significant setback following a ruling by the High…
Ethiopian Mobile Money Services Are Now Available Through Safaricom
The authorization to introduce Safaricom’s mobile money service, M-Pesa, in Ethiopia has been given. The Safaricom…
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.…