BasiGo Secures $10 Million Loan to Boost Electric Bus Production in Kenya
BasiGo, one of the leading manufacturers of electric buses in Kenya, has received a loan of $10 million from the United States International Development Finance Corporation to fast-track the production...
View ArticleSamsung Launches Galaxy Fold 6 and Flip 6 in Kenya Alongside New Experience...
Samsung Electronics has finally launched the much-anticipated Galaxy Fold 6 and Galaxy Flip 6 in Kenya. Launching was concurrent with the opening of a new Samsung Experience Store along Hilton Hotel,...
View ArticleUber’s Electric Motorbike Option in Nairobi Records 94% Growth in Trips Amid...
Within the past year, electric motorbike initiative has yielded great success for Uber Kenya, with the number of trips across the city of Nairobi increasing by 94%. If one thing is proved, it is that...
View ArticleNairobi Ride-Hailing Dispute: Customers Frustrated Over Drivers Charging...
Recent complaints from customers using ride hailing apps reveal refusal to accept drivers demanding 1.5 times above fares calculated by apps. This comes after a notice from a union representing Nairobi...
View ArticleAI Adoption and Data Privacy: The Dilemma for Tech Manufacturers
Artificial intelligence is the future of technology and is putting device manufacturers in a very tight corner. As much as AI brings many conveniences to the users of devices, concerns over personal...
View ArticleGlovo Launches Relief Fund to Support Couriers Affected by Floods in Kenya
Glovo has embarked on a countrywide initiative to help couriers whose livelihoods were destroyed in the recent floods in parts of Kenya. It has so far given out more than Sh500,000 as part of a Crisis...
View ArticleSafaricom Introduces Fee for Frequent Use of Reverse Call Service
Safaricom has introduced an update regarding its reverse call service, which it explained that a customer will now be charged if they request the service for more than the second time in one day. This...
View ArticleUber Kenya Increases Fare Amidst Driver Protests: What Passengers Need to Know
Uber Kenya has announced an increase of 10% in all its ride charges, setting a minimum fare price, following months of protests by irate drivers. The drivers had sometimes resorted to quoting their own...
View ArticleBolt Increases Ride Charges Amid Driver Protests
The ride-hailing firm Bolt increased its ride prices, including the minimum charge, a week after Uber moved in the same direction. This move follows several months of pressure from drivers who started...
View ArticleOver Half of Jumia Kenya’s Enterprises Are Female-Owned, UNCTAD Highlights...
Over half of all enterprises listed on Jumia, Kenya’s leading e-commerce platform, are owned by female founders puts into light the key role of e-commerce in empowering women entrepreneurs. Online...
View ArticleSafaricom’s Mali Unit Trust Scheme Sees Impressive Growth Amid Licensing Wait
Assets under the management of Safaricom’s Mali unit trust scheme have jumped to KSh 2.3 billion in the first half of 2024. This is a major uplift from the KSh 1.4 billion that was recorded as of the...
View ArticleSafaricom Introduces New Airtime Purchase Scheme Amid Tariff Adjustments
Safaricom has reviewed the prices of its voice calls and text messages. As it is, voice calls are charged at Sh4.87 per minute for peak and Sh2.50 per minute for off-peak. Sending a text message costs...
View ArticleBolt Awards 10 Drivers and Couriers in Kenya €20,000 for Business Innovation
Estonian-born ride-hailing and food delivery startup Bolt has rewarded 10 Kenyan drivers and couriers with €20,000 in reward for innovative business ideas as a move to foster entrepreneurial talent....
View Articlevivo V40 Lite: A Stylish New Contender Coming to Kenya on November 11th, 2024
vivo has officially announced that its latest smartphone offering, the vivo V40 Lite, will launch into the Kenyan market on 11th November 2024. Sleek look accentuated, more powerful features will be...
View ArticleHigh Court Decision Allows Vehicle Insurers Free Rein in Premium Pricing
In a precedent ruling, the High Court has given Kenyan insurance firms the green light to set vehicle underwriting premiums without interference from regulatory bodies. The ruling by the High Court was...
View ArticleChina Square Opens Sixth Outlet at Two Rivers Mall, Expands Further in Kenya
China Square, a fast growing personal and household merchandise retailer has opened its 6th store in Kenya with a new 75,000 sqft store at Two Rivers Mall in Nairobi. The retailer known for its...
View ArticleKenya Drafts Crypto Policy to Regulate Virtual Assets Amid Rising Adoption
Kenya has released a Draft National Policy on Virtual Assets (VAs) and Virtual Asset Service Providers (VASPs to address tax evasion, fraud and cybercrime risks associated with cryptocurrencies. This...
View ArticleKRA Delays M-Pesa Paybill Conversion to ETRs, Shifts Focus to Small...
The Kenyan government has pulled back on its plans to convert M-Pesa paybills into electronic tax registers (ETRs) and is instead focusing on other revenue generating initiatives. Initially the...
View ArticleGovernment Sets Up Emergency Desk at Nyayo House to Replace Lost Documents...
The government’s response to the floods, which have been causing significant damage across the country, has been prompt in providing assistance to those affected. On Friday, during National Tree...
View ArticleSafaricom Surpasses Expectations with Record-Breaking Ksh.139.9 Billion Earnings
Safaricom PLC, headed by CEO Peter Ndegwa has declared its largest earnings in history – Ksh.139.9 billion in earnings before interest and tax (EBIT) for the period ending March 31, 2024. The...
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