Kenya’s digital economy has been thrust into the spotlight after 36 tech workers filed a petition…
Category: Business
All business content are in this category
Motor Insurance Payouts Hit Record Sh44.8 Billion as Claims Surge
Motor insurers in Kenya paid out a record Sh44.83 billion in the year to December, marking…
CBK Licenses 27 More Digital Credit Providers, Raising Total to 153
The Central Bank of Kenya (CBK) has approved 27 additional Digital Credit Providers (DCPs), increasing the…
Treasury CS Mbadi Woos Investors with Attractive Tax Incentives at EAVCA Conference
Treasury Cabinet Secretary John Mbadi has unveiled fresh incentives aimed at drawing private capital into Kenya,…
State House Spent Ksh.2 Million Daily on Printing Services, Says Controller of Budget
The Office of the Controller of Budget has lifted the lid on the scale of expenditure…
Eleven Banks Face Deadline to Raise Sh15 Billion or Lose Licenses
Eleven commercial banks in Kenya are under pressure to raise a combined Ksh15 billion by December…
What the New E-Procurement System Means for Kenyans: Transparency vs. Service Delivery Risks
The National Treasury has begun rolling out a new electronic procurement system (e-GP) across national and…
Banks Cut Household Lending for First Time in Seven Years as Defaults Surge
Kenyan banks reduced lending to households in 2024 for the first time since 2017, as high…
Landmark Airtel Ruling Offers Hope for Mobile Money Users Facing Costly Errors
A recent decision by the Comesa Competition Commission (CCC) could transform how ordinary Africans recover funds…
CBK Extends Loan Pricing Deadline for Banks by Six Months
The Central Bank of Kenya (CBK) has granted commercial lenders additional time to transition to a…