Kenya Anticipates Higher EV Adoption in 2025 Despite Underdeveloped Infrastructure
Kenya’s policy on e-mobility is expected to be ready early next year to pave the way for mass acquisition of electric units in the country, as the country builds on [...]
4G Capital Appoints Former M-Kopa MD Julian Mitchell as CEO
African fintech, 4G Capital, has appointed Julian Mitchell as its new CEO, as the fintech's founder Wayne Hennessy-Barret takes up the position of Executive Chairman. I am delighted to join [...]IMF Concludes 6-day Staff Visit to Kenya
The International Monetary Fund (IMF) has concluded a six-day staff visit to Kenya led by Haimanot Teferra, where it held discussions on recent developments and their policies to manage the [...]KSh 5Bn Fibre Optic Project Halfway Complete- Regulator
The Communication Authority of Kenya (CA) has reported that 1,300 kilometers of fibre optic cables have been laid since the KSh 5 billion project began last year, representing a 50% [...]Kenya to Overhaul Movable Property Security Laws with New Bill
The government is considering changes to laws governing security rights over movable property with the introduction of the Movable Property Security Rights (Amendment) Bill, 2024. The new Bill aims to [...]
Why Treasury Blocked Reallocation of Ksh 1.5b Coffee Fund
Last month, The National Treasury blocked a request from the State Department of Co-operatives seeking to reallocate KSh.1.5 billion from the Coffee Cherry Advance Revolving Fund to support a number [...]Kenyan Fintech Kopo Kopo Appoints New CEO As Acquisition Looms
Kopo Kopo, a fintech that provides short-term loans, has appointed Dennis Ondeng as its new CEO, and made three other senior leadership changes amidst acquisition plans by Nigerian fintech giant [...]Gov't Gazettes National Committee to Review University Funding Model
President William Ruto has appointed more than 120 people across four sub-committees to review and refine the new university funding model after a public uproar. In the performance of its [...]NHIF Card Will Not Be Valid After 30th September-Social Health Authority
The National Health Insurance Fund (NHIF) will be transitioned to the Social Health Authority (SHA) 1 October despite a High Court case declaring SHIF Act 2023 unconstitutional, the Social Health [...]Nairobi Hospital Doctors Threaten to Down Tools as Boardroom Wars Intensify
Members of the Kenya Hospital Association (KHA) have issued a statement announcing that they would impair operations in Nairobi Hospital this morning until the hospital's board resigns. The general public [...]CS Joho Warns Against Exploring, Mining Strategic Minerals
The government has issued warning to individuals against mining activities on minerals classified as strategic such as Copper, Coltan and Chromite. “As a Ministry, we are committed to execute the [...]Kenya's Most Funded Fintech M-Kopa Fined KSh 885.87 Million in Taxes in Jurisdiction Dispute
Fintech giant M-Kopa has been ordered to pay KSh 885.87 million in taxes by the Tax Appeals Tribunal in a landmark ruling on tax jurisdiction. The tribunal set aside the [...]
