Mobile Money Transactions in Kenya Represented 56.8% of GDP in 2021, Expected...
As mobile money continues to gain traction in the country, recent data from the Central Bank of Kenya (CBK) reveals that the value of these transactions have reached 56.8% of the country’s gross...
View ArticleGlobeleq secures $72 million to develop 35 MW geothermal power plant in Kenya
Globeleq, a London-based power company, has secured $72 million in funding from the African Development Bank, the Eastern and Southern African Trade and Development Bank, and Finnfund to develop a 35...
View ArticlePresident Ruto Announces Transfer of National Transport and Safety Authority...
As part of a government reorganization, President William Ruto has issued an executive order transferring the National Transport and Safety Authority (NTSA) from the Ministry of Interior to the State...
View ArticleSafaricom to lose $20 million in revenue after 41.4% cut in mobile...
Kenya’s largest mobile service provider, Safaricom, is facing a significant financial blow following a recent decision by the Communications Authority of Kenya (CA) to cut mobile termination rates...
View ArticleHow to withdraw money from your MPESA Fuliza balance on your phone, no need...
Fuliza is a mobile-based overdraft facility offered by Safaricom, a Kenyan telecommunications company. The service was unveiled back in 2019 and initially, it was limited in terms of its use cases,...
View ArticleTrademark Hotel Launches Electric Vehicles for Guest Transfers, Setting a...
As travelers become increasingly conscious of the environmental impact associated with their travels, hotels are taking steps to align with these values and provide more sustainable options for guests....
View ArticleCooperative Bank of Kenya removes charges on airtime purchases in response to...
The Cooperative Bank of Kenya (CBK) has removed charges on airtime purchases through the bank’s mobile app Mcoop Cash in an effort to provide relief to thousands of customers who were previously...
View ArticleSafaricom introduces “Store Number” to tame wrong agent number MPESA withdrawals
In today’s digital world, mobile money services like M-PESA have become an integral part of daily life for many people in Kenya. They allow customers to transfer money, pay bills, and make purchases...
View ArticleKenya’s Energy Regulator Proposes to Expand Appliance Regulations to Include...
Kenya’s Energy and Petroleum Regulatory Authority (EPRA) is proposing to expand the number of appliances it regulates to include televisions, computers, and computer monitors. The move is aimed at...
View ArticleKenya Revenue Authority Implements Real-Time Tax Collection for Betting...
The Kenyan government has taken steps to tame rogue entities in the betting sector by implementing far-reaching changes to the way taxes are collected. Through the Kenya Revenue Authority (KRA), the...
View ArticleHigh Court Halts Reintroduction of Mobile Money Charges Pending Determination...
A High Court in Kenya has stopped the reintroduction of fees on transactions made between mobile money wallets and lenders, until a legal case involving consumer rights activist is resolved. This...
View ArticleSafaricom Reverses Decision to Introduce Expiry Date for Bonga Points Loyalty...
Safaricom, one of Kenya’s leading telecommunications companies, has reversed its plans to introduce an expiry date for its popular Bonga Points loyalty program. This move comes after the company...
View ArticleGovernment Launches New Wi-Fi Hotspot in Kapsabet Free Air Market to Promote...
On Thursday, the Cabinet Secretary for Information, Communications, and the Digital Economy, Eliud Owalo, launched a new Wi-Fi hotspot in Kapsabet free air market in Nandi County, Kenya. The launch is...
View ArticleGovernment Launches Public Wi-Fi Service in Kericho Town, Aims to Connect...
Kenya’s government has taken a significant step towards connecting the country’s remote and underserved areas by launching a public Wi-Fi service in Moi Gardens, Kericho Town. The launch, which was led...
View ArticleStarlink to Launch High-Speed Satellite Internet in Kenya in Q2 2023, Posing...
Elon Musk’s Starlink, a satellite internet company, has revealed plans to expand its services to Kenya in the second quarter of 2023. The move is still subject to regulatory approvals and coverage...
View ArticleYego Global Offers Medical and Accident Insurance to Attract and Retain...
Digital taxi-hailing firms are now offering new benefits to their drivers to attract and retain them on their platforms. This move came after a series of strikes by drivers demanding better working...
View ArticleGovernment Considers Reviving a Digital ID Card Scheme after Controversial...
The Kenyan government is again considering the implementation of a digital identity card scheme, similar to the ill-fated Huduma Namba project of the past. ICT Cabinet Secretary, Eliud Owalo, has...
View ArticleFacebook parts ways with African Content Moderation Provider Sama, citing...
Facebook has recently ended its contract with its African content moderation provider, Sama, due to reports of low pay and trauma for employees and alleged union-busting at Sama’s Nairobi office. The...
View ArticleHustler Fund Reaches 14 Billion Kenyan Shillings in Borrowing and 18 Million...
The Financial Inclusion Fund, also known as the Hustler Fund, has been gaining popularity among Kenyans since its launch two months ago. Recent reports show that borrowing has reached 14 billion Kenyan...
View ArticleSafaricom’s Leadership Changes Spark Controversy as Share Price Drop, but...
Safaricom, the largest mobile network in Kenya, has recently undergone a series of boardroom realignments that have sparked controversy within the company and caused a drop in the Safaricom’s share...
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