Uber Eats Launches in Kisumu, Now Present in Six Cities
Ride-hailing platform, Uber, has announced the entry of its food-delivery wing Uber Eats in Kisumu as it seeks to ramp up its presence in the country. We are pleased to [...]
CAK Restricts Courier Services to Licensed Operators
The Communications Authority of Kenya (CAK) has warned the public against using unlicensed couriers such as some Public Service Vehicles (PSVs) and e-commerce players to send parcels or other tangible [...]Victoria Commercial Bank Pumps KSh 20.1M More into Nursery School
Victoria Bank, which owns 24.90% shareholding of Montessori Learning Centre, purchased additional shares of an upmarket Nairobi-based Kindergarten at a cost of KSh 20,075,000. The lender’s share of losses at [...]
Digital Tax Wave Spreads across Africa
African countries are racing to enact rules for non-resident suppliers to account for taxes on electronically supplied services (ESS), a new report by PwC indicates. “As the digital economy continues [...]Kenya Shilling Exchange Rate Reverses Some Gains against US$ Dollar
The Kenya Shilling appreciation against the US Dollar appears to have finally hit the floor and could be in reverse gear. This has been attributed to a stronger US dollar [...]How Collaboration Drives Government Infrastructure Projects
In the world of global infrastructure development, collaborative efforts between governments, international institutions, and private entities play an important role in realizing successful completion of any project. The success of [...]
Interview: Opportunities and Expectations for 4th AmCham Business Summit
The upcoming 4th AmCham Business Summit, slated for April 24th and 25th in Nairobi aims to bolster trade and investment ties between the U.S. and East Africa. Additionally, the U.S. [...]Government Approves 5,000 Acres for EPZ in Naivasha
The government has approved the final purchase of 5,000 acres of land in Naivasha industrial Park for the construction of Economic Processing Zone (EPZ). This will complement similar facilities in [...]Harmonised ICT Regulation will Grow African Economies Ruto, EU
Connected Africa Summit kicked off in Nairobi on Monday with participants calling for interstate collaboration and harmonized model of regulation for the ICT industry to thrive. “There is a need [...]Bolt Riders to Lease 5,000 Electric Motorbikes from Roam Ampersand
Ride-hailing platform, Bolt, has partnered with EV manufacturers and a fintech company to distribute over 5,000 electric motorcycles in the next three years as a strategy to slash costs for [...]Kenya’s Economic Growth Rate to Slow to 5% in 2024-IMF Forecast
Kenya’s Gross Domestic Product (GDP) growth is projected to slow down to 5% in 2024 from 5.3% in 2023 before jumping to 5.3% in 2025. Apart from Kenya, Côte d’Ivoire [...]Kenya Power Invests Ksh 258 Million in EVs and Charging Stations
Kenya Power has used KSh 6.5 million to set up its second EV charging station at Stima Plaza to easen\ the use of electric vehicles as alternative mobility. We have [...]
