New Train Service To Nairobi CBD Launched By Kenya Railways
The Kenya Railways Corporation has launched a brand new train service for all residents in Limuru and areas around it. The new services will began …
Business / News / Technology
Mastercard Purchases Online Identity Verification Startup Ekata For 850 Million Dollars
American multinational financial services company; MasterCard has acquired Ekata which is an identity verification company for 850 Million United States Dollars. The decision was executed …
Business / News / Services / Technology / Travel
Uber Increases Prices In Kenya And Nigeria As A Result Of Protests From Drivers
American technology company; Uber Technologies Inc. has made it known that it has increased its prices in Kenya and Nigeria. The decision is in response …
Business / Cryptocurrency / News / Technology
Tesla To Stop Accepting Bitcoin For Car Purchases
The Chief Executive Officer (CEO) of Tesla; Elon Musk made it known yesterday the 12th of May 2021 via the social networking platform; Twitter that …
Business / News / Technology
Central Bank Of Kenya Set To Take On A Bigger Role On Digital Payment Systems
According to recent reports the Central Bank of Kenya (CBK) is gearing up to toughen its overseeing of mobile money in Kenya. This is coming …
135 Million Kenyan Shillings Awarded To Former Kenya Power Employees
A total of 13 former senior executives at the Kenya Power and Lighting Company (KPLC) more commonly referred to as Kenya Power, have been awarded …
CBK Looking To Stiffen Jail Terms And Fines For Illegal Digital Money Lenders
According to recent reports the Central Bank of Kenya’s (Amendment) Bill 2021 is looking to regulate the digital money lending operators while also issuing tough …
Kenya Airways Finalizes Codeshare Agreement With Congo Airways
The flag carrier airline of Kenya; Kenya Airways (also known as KQ), has signed a 2 year codeshare agreement with Congo Airways a decision which …
Business / News / Technology
CBK Joins Forces With Italian Organization To Offer Support To Kenyan Fintechs
The Central Bank of Kenya (CBK) has made it known that it has reached an agreement with the Italian organization; E4Impact Foundation. The partnership is …
Kenya Airways Exempted From 1 Percent Minimum Tax By National Treasury
Kenyan Airways (KQ) which is the flag carrier airline of Kenya has been exempted by the National Treasury from paying the minimum tax set at …
KeNHA Seals 17 Billion Kenyan Shilling Roads Deal With Chinese Company
The Kenya National Highways Authority (KeNHA) has finalized a 17 Billion Kenyan Shillings contract with China Communication Construction Company Limited. The contract is in regards …
CBK Approves Liquidation Of Chase Bank
The Central Bank of Kenya (CBK) has given its approval for the liquidation of Chase Bank. Its decision was made public on the 16th of …
KRA Receives 21 Billion Kenyan Shillings Via Alternative Dispute Resolution Option
The Kenya Revenue Authority (KRA) has reportedly received more than 21 Billion Kenyan Shillings through its Alternative Disputes Resolution (ADR) mechanism. This is coming after …
IMF Wants An Increase In Kenya’s Fuel Tax
According to The East African, The National Treasury of Kenya is facing pressure from the International Monetary Fund (IMF) to increase the Value Added Tax …
