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Business

Communications Authority Slaps Sh270 Million Fine on Safaricom over Poor Calls Service

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 qu…

Aug 28, 2017

Business

Memo to Kenyans in Diaspora: KRA to Deactivate Idle PINs on August 31st

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 wil…

Aug 28, 2017

Business

Facebook Cuts Down Charges on Kenya Wifi Hotspots by 35 Percent

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 tele…

Aug 28, 2017

Business

Safaricom Announces 4-Hour M-Pesa Outage

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 Of…

Aug 26, 2017

Business

US Energy Firm Enters Kenya in Solar Power Supply Deal

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 se…

Aug 24, 2017

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Business

Ousted One-Term MPs Set to Each Walk Away with Sh18.8 Million Pension Payoff

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 sen…

Aug 23, 2017

Business

Facebook Switches on 600 Wi-Fi Hotspots in Kenyan Towns

Facebook has switched on its low-cost Internet in more than 600 hotspots across the country since the launch of the service in March, the US tech giant has disclosed. Surf Kenya, Facebook’s local partner, says it has…

Aug 22, 2017

Business

US Trade Agency Contracts Kenyan Firm in Multi-Billion Electricity Plan

A Kenyan firm has been chosen by a United States trade agency to carry out a feasibility study on a US-funded multi-billion green energy project to develop five river-based hydroelectric power plants in Kenya. In a st…

Aug 18, 2017

Business

US Firm Wins Sh230 Billion Nairobi-Mombasa High Speed Superhighway Project

Kenya has contracted a US-based firm to construct a multi-billion Nairobi to Mombasa high speed superhighway. The Kenya National Highway Authority (KeNHA) said it will oversee the construction of a new high-speed high…

Aug 18, 2017

Business

US Scouts for Green Energy Projects in Kenya

The United States government is looking to fund renewable energy projects in Kenya and across Africa in a move to increase electricity access in Africa. The move signals that US President Donald Trump's administration…

Aug 14, 2017

Business

4.8 Million Kenyans on the Verge of Losing their KRA PIN Numbers

Over 4.8 million Kenyans are on the cusp of having their Kenya Revenue Authority (KRA) Personal Identification Numbers (PINs) deactivated by the end of August over failure to migrate to the iTax platform, should the t…

Aug 7, 2017

Business

US Tells Kenya to Rethink Ban on Second Hand Clothes Imports

A senior US trade official has urged Kenya the other East African Community countries Uganda and Tanzania to “revisit” their collective ban on second hand clothes imports. The official said that reasons given in suppo…

Aug 6, 2017

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Business

Asia's Richest Man Jack Ma Makes First Investment in Kenya

Kenya is set to benefit from the visit of Asia’s richest man Jack Ma, who visited Kenya two weeks ago to encourage young Kenyans turn to entrepreneurship. The Chinese billionaire will now be making his first investmen…

Aug 4, 2017

Business

Kisumu International Airport New Weather Kit Boosts US Direct Flights Plan

A Sh200 million Automated Weather Observation System (AWOS) has been installed at the Kisumu International Airport, further improving that airport’s profile as one of the best ports in the region. Environment Cabinet…

Aug 4, 2017

Business

US Firm to Give Kenyans Access to Online Agricultural Data

A United States firm, Heifer International has unveiled a program that will provide more agricultural market information to over 2,000 farmers with no Internet access in Kenya. The non-profit organization, based in Ar…

Aug 3, 2017

Business

Uber to Give Free Rides to the Disabled to Get to Polling Stations

Uber has announced that it will be offering free transport to persons living with disabilities in three Kenyan urban areas of Nairobi, Mombasa and Thika on election day to and from their respective voting centers to e…

Aug 3, 2017

Business

ABC Bank Launches new Anti-money Laundering Software

ABC Bank has unveiled a new anti-money laundering software known as OMNIEnterprise as global regulators continue to warn against money laundering. John Rioba, the financial institution's head of risk and compliance, d…

Aug 2, 2017

Business

UK Opens Probe into BAT Scandal Involving Martha Karua and Moses Wetang'ula

Authorities from the United Kingdom have launched investigations into claims that cigarette maker British American Tobacco (BAT) oversaw a systematic bribery syndicate in Nairobi with an aim to stifle anti-smoking law…

Aug 2, 2017

Business

Tourism Industry to Reap Big from Asias's Richest Man, Jack Ma Tour to Kenya

Kenya is likely to receive increased international tourist arrivals from China starting in September, following the recent visit of e-commerce tycoon Jack Ma two weeks ago. Reports from leading Chinese tour operators…

Jul 31, 2017

Business

Google to Train Kenyans on Online Skills

Alphabet’s Google Chief Executive Officer has announced plans to train Kenyans to equip them with online skills over the next five years in a program aimed at making them more employable. The US-based technology giant…

Jul 29, 2017