Elon Musk’s satellite internet firm, Starlink, has announced that it will launch its service in Kenya in the second quarter of 2023. Kenyans who want to access the service can …
Kenya News
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Kenya Shilling Continues to Weaken against US
by Editorby EditorAccording to the Central Bank of Kenya (CBK), the depreciation of the Kenyan currency implies a higher cost in shillings to finance imports A weak shilling also means the country …
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Diaspora Remittance Rise by 9%, Hitting a Record High of KES 453 Billion
by Editorby EditorDiaspora remittances withstood global headwinds last year, increasing by 9% to KES 453.6 billion in 11 months from KES 416.2 billion the previous year. According to Central Bank of Kenya …
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Canadian telco, Iristel enters Kenyan market
by Editorby EditorCanadian company Iristel has announced its expansion into Kenya after winning a legal tussle against Safaricom. This expansion provides Iristel with a presence in Africa, as it looks to expand …
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Uproar As Cooperative Bank Charges Sh22 For Sh10 Safaricom Airtime
by Editorby EditorKenyans have voiced their anger over the high cost of buying airtime through local banks. A spot-check by Capital Business shows that the Co-operative Bank of Kenya charges clients a …
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Transporters protest rule by Kenya to ban old truck imports
by Editorby EditorKenya has started enforcing vehicle importation restrictions as its revenue authority begins crushing dozens of unclaimed vehicles at the port and those that have not met the eight-year-old import limit. …
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Safaricom reveals tax fears in plan to hive off M-Pesa
by Editorby EditorSafaricom is wary that the Kenya Revenue Authority (KRA) might use the current tax laws to hit it with taxes such as the capital gains tax (CGT) if it goes …
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KenTrade Unveils Applications Performance Monitoring Tool To Enhance Trade Facilitation
The Kenya Trade Network Agency (KenTrade) has unveiled an Applications Performance Monitoring tool that will help monitor and track the performance of the National Electronic Single Window System, also known …
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Watchdog punishes Unilever Kenya for unfair trade deals
by Editorby EditorThe Competition Authority of Kenya (CAK) has punished consumer giant Unilever Kenya for revising payment terms with tens of its suppliers after a probe revealed the firm exploited smaller traders. …
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Kenya To Witness Tourism Boost from Flight to United Arab Emirates
by Editorby EditorThe country is set to witness a tourism boom in the coastal region following the launch of the first direct flight from Mombasa to Dubai in the United Arab Emirates. …