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KRA Cuts Fringe Benefits Tax to 13% as CBK Lowers Lending Rates to Stimulate Economic Growth
KRA has reduced the tax rate for employee welfare benefits, including fringe benefits and deemed interest rates, in line with the recent CBK rate...
Kenya Power Invests Sh258 Million in E-Mobility Promotion
Kenya Power is taking steps to support eco transportation by investing Sh258 million in e-mobility over the next three years. The move reflects their...
Checking Your DStv Kenya Account Balance Made Easy via USSD and Text Message.
I like the way USSD codes have simplified our way of life at least here in Kenya, most service providers have embraced this technology...
KRA Delays M-Pesa Paybill Conversion to ETRs, Shifts Focus to Small Businesses and Rental Income Tax
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...
Kenya 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...
China 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...
High 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...
Bolt 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...
Safaricom 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...
Safaricom’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...
Over Half of Jumia Kenya’s Enterprises Are Female-Owned, UNCTAD Highlights E-Commerce’s Role
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...
Bolt 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...
BUSINESS
Kenya’s Electric Leap: The BYD Shark 6 PHEV and NCBA’s Game-Changing 90% Financing
The future of mobility in Kenya just got a massive power-up! CFAO Mobility, through its leasing arm Loxea, has partnered with NCBA Bank to...
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Kenya’s Electric Leap: The BYD Shark 6 PHEV and NCBA’s Game-Changing 90% Financing
The future of mobility in Kenya just got a massive power-up! CFAO Mobility, through its leasing arm Loxea, has partnered with NCBA Bank to...
GADGETS
OPPO A5 Launches in Kenya: Power Meets Durability in a Stylish New Package
OPPO Kenya has launched the OPPO A5, the latest addition to the A5 Series. After the success of the A5 Pro, the OPPO A5...