President William Ruto has revived a proposal to impose higher taxes on Kenya’s super-rich and high-income earners, endorsing the introduction of a wealth tax that failed to sail through Parliament …
The value of retail sustainable investment holdings in Kenya is projected to climb to Sh2.3 trillion ($19 billion) by 2030 on higher capital flows into tackling food insecurity, climate change …
Over 4 million Fuliza defaulters will be removed from the Credit Reference Bureau (CRB) and other blacklists from November this year, the government and lenders have announced. The announcement made …
Cyberattacks in the Kenyan financial sector continued to grow significantly in the second quarter of 2022 as scammers increasingly become corporate-oriented, shifting from other sectors, a new report shows. According …
Retail traders in the country have a great potential to crack financing for Environmental, Social and Governance (ESG) objectives and priorities if some hindrances are resolved, a report by Standard …
Safaricom has expanded its network coverage in Ethiopia, with a recent large-scale customer pilot in Awoday and Gondar cities. The two cities bring the number of cities the telco has …
Safaricom’s Fuliza has cut daily charges for loans below Sh1000 by 40 percent and introduced a three-day grace period. Daily charges on loans of up to Sh1000 will come down …
Edible oil and cooking fat manufacturers Bidco Africa, Pwani Oil, Kapa Oil and Menengai, have been ordered to recall some of their products from the shelves for non-compliance with standards. …
Mobile operators deactivated 287,214 SIM cards in the three months to June registered using wrong identification details, a report shows. This comes just days before the October 15 deadline set …
Kenya will look to introduce a regulatory framework for cryptocurrencies, this is according to Dr Patrick Njoroge, Governor of the Central Bank of Kenya (CBK). “Any crypto or all the …