Satellite Internet Usage Rises 74.9% in Three Months
Utilized satellite capacity increased by 74.9% between October and December last year in what Communications Authority (CA) links to the growing uptake of Low Earth Orbit (LEO) satellite internet services [...]
Google Expands Hustle Academy, Bets on AI to Boost Small Businesses
Global tech giant Google is doubling down on Africa’s small business sector with the 2025 edition of its Hustle Academy—an initiative designed to equip entrepreneurs in Kenya, Nigeria, and South [...]Turaco, M-Kopa Tech-Insurance Cover Gains One Million Subscribers In a Year
Turaco and M-Kopa’s tech-Insurance cover targeting everyday earners not able to access alternative products offered by big players in the private health insurance industry has gained one million customers in a [...]Government Projects Hit in KSh 51 billion Budget Cut
Projects under Kenya Kwanza’s Bottom-Up Economic Transformation Agenda (BETA) will take a back seat following proposals in the second supplementary estimate to cut development expenditure. “The supplementary estimate 2 have [...]Mercy Corps Kenya Sets Vendor Payment Deadline as USAID Funding Dries up
Mercy Corps Kenya (MCK) is winding up all USAID-funded contracts in Kenya in a move likely to affect hundreds of thousands of people it works with across the country. “As [...]Crypto Liquidity in Africa
African businesses hope for a world where money moves instantly, without delays, hidden fees, or unreliable exchange rates. This is the promise of cryptocurrency, but for businesses to fully benefit [...]
Kenya Seeks New IMF Deal, Dropping Ninth Review
Kenya has requested the International Monetary Fund (IMF) to drop the ninth review of the country’s existing loan program—tagged at over KSh 460 billion—and requested a fresh arrangement instead. “The [...]High Court Appoints Liquidator for Xplico Insurance
Diana Nduku Mumo has been appointed interim liquidator of Xplico Insurance, marking a significant step in the troubled insurer’s long-running financial woes. “From the evidence contained in the supporting affidavit, [...]KRA Decongests Malaba, Busia Border Posts with 3 New Facilities
The Kenya Revenue Authority (KRA) has established trade facilitation centers in Kainuk, Lodwar, and Kakuma to spur activities along the Northern Corridor, a critical trade route linking Kenya with South Sudan, Ethiopia, and Uganda. “The [...]CBK Likely to Lower Interest Rate to 9% by Year End Absa Research
The Central Bank of Kenya (CBK) is likely to continue cutting the benchmark rate to 9% by the end of 2025 and hold it there for the next two years, [...]Counties Keep Retirees on Payroll Despite Rising Youth Unemployment Rate
Three coastal counties are retaining employees above the retirement age with Mombasa County leading with 96 workers who ought to have retired, the Auditor General says in the 2023/24 report. [...]Kenya Targets Tea Industry Reform With New Levy, Ban on Hawking
Agriculture Cabinet Secretary Mutahi Kagwe has announced the creation of a Common Marketing Development Fund, financed from a new levy designed to promote tea in Kenya and internationally. “Anybody buying [...]
