BUSINESS NEWS
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Kirinyaga Governor Anne Waiguru has inked a deal with private partners that will see construction of 10 industrial hubs worth Sh5 billion for value addition of agricultural produce.
In the deal, Kirinyaga county will provide land for setting up of the parks while private developers will foot…
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The Kenya Revenue Authority (KRA) has announced a 30-day grace period for taxpayers to update their tax status, failure to which they will face penalties.
KRA had earlier threatened it would deactivate personal identification numbers (PINs) of non-compliant taxpayers beginning Thursday last week, a…
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Kenya's giant telecommunication firm Safaricom mobile money service M-Pesa will halt its services for the better part of next weekend when the company upgrades the system.
The operator said it will be upgrading the system from 10 pm on Saturday (September 9) to 1 pm on Sunday (September 10) and…
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About Sh50 billion was lost in 10 minutes on Friday after trading at Nairobi Security Exchange (NSE) was halted following Supreme Court verdict that nullified President Uhuru Kenyatta’s victory.
It is reported that there was a severe crash on NSE counters and in less than 10 minutes after the…
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The Communications Authority (CA) has slapped three mobile service operators with a collective fine of Sh311.6 million for poor service.
Tne authority said that Safaricom, Airtel and Telkom Kenya failed to meet the quality of service standards for the financial year 2015/16 as required, and thus…
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The Kenya Revenue Authority has announced that it will deactivate all PIN accounts which are yet to be registered on its iTax system on August 31st.
Million of Kenyans will likely lose their accounts, meaning they will be denied access to critical public services as the tax man bank on digitization…
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US technology giant Facebook has cut down the charges on Internet services in Kenya by an average of 35 per cent, only six months after launch.
The new move by the giant global firm steps up competition for major telecommunication firms in Kenya.
In a statement, Surf Kenya, a local Internet service…
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Kenya's giant telecommunication firm Safaricom has notified its MPesa mobile money transfer service customers that it will switch off the service for four hours on Sunday.
A statement from Safaricom Chief Executive Officer Bob Collymore said that he service will be disrupted from 12:30am to 4:30am…
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US firm CrossBoundary Energy has entered into a partnership with British-based Solarcentury to roll out a program that aims to install cheaper solar electricity systems in Kenya.
The deal between the two firms will see Industrial and commercial buildings installed with solar power systems at no…
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Kenyans are set to bear the a heavy burden of sh 18.8 million pension payoff for each of the 196 one-term MPs who were sent packing in the August 8th General Election.
Cumulatively, the former MPs, who comprise of senators and members of the National Assembly, will take home Sh3.7 billion as a…