Deliberate Internet Shutdowns Cost Kenya US$75mn, 511 hours, in 2024 -Report
Government-mandated internet shutdowns cumulatively cost economies more than US$7.6 billion in 2024, with the longest shutdowns happening in Asia and Sub-Saharan Africa, according to a report by independent VPN review [...]
Cash in Circulation up 5.6% to KSh 333.8 Bn
The total monetary value of cash in circulation in the economy increased by KSh 17.8 billion to KSh 333.8 billion in the year to June 2024 as withdrawals surpassed deposits, [...]How Low Rainfall in October Spelt Doom for Kenya's Tea Estates
The country experienced a 5% dip in tea production in October 2024 due to low and poorly-distributed rains, the Tea Board of Kenya (TBK) says in a recent report. “Precipitation [...]41% of Employers Mull Lay Offs as AI Takes Over-World Economic Forum
A significant share of employers across the globe expect to downsize their workforce as Artificial Intelligence (AI) capabilities to replicate roles expand, The Future of Jobs Survey of by World [...]How to Get Your Full Mpesa Statement
Your Mpesa statement provides a detailed record of your transactions, making it an essential tool for managing your finances. Whether you’re tracking expenses, filing taxes, or verifying payments, accessing your [...]
Court Dismisses Senator Omtatah's Petition Against Direct Procurement for Digital' Number Plates
The High Court has ruled that the absence of competition in the awarding of state tenders does not render the procedure unconstitutional, dismissing a petition where Busia Senator Okiya Omtata [...]Kenya Airways' Share Price Surges After NSE Return
Kenya Airways' (KQ) share price almost doubled in the first week of its return to trading at the Nairobi Securities Exchange (NSE), to become the best stock in capital gains [...]How to Check Your SHIF Status in Kenya 2025
As part of Kenya’s ongoing healthcare reforms, the National Hospital Insurance Fund (NHIF) has transitioned to the State Health Insurance Fund (SHIF). This new framework supports Universal Health Coverage (UHC) [...]Treasury Drafts Policy to Regulate Crypto, Digital Assets
The Treasury has projected that the government will budget about KSh 1.82 billion for the implementation of a draft policy on digital assets such as crypto, which aims to regulate [...]Sasini Sinks Into KSh 562.9 mn Loss on Higher Costs, Supply Chain Disruptions
Listed agricultural firm Sasini Plc has sank into losses, registering a KSh 562.9 million in loss after tax for the year ended September 2024 compared to a KSh 542.3 million [...]Kenya Ratifies Treaty to Prevent Tax Avoidance by Multinational Firms
Kenya has ratified a treaty that blocks multinational firms from abusing taxation loopholes and shifting profits, the Organization for Economic Cooperation and Development (OECD) has confirmed. Kenya deposited its instrument [...]Mombasa Port Reaps from Red Sea Crisis, Posts 133% Jump in Traffic
Transshipment traffic through the Mombasa Port jumped by 132.9%, an increase of of 280,593 twenty-foot equivalent unit (TEUs), to 491,666 TEUs in 2024 as the critical gateway benefitted from the [...]
