Safaricom says Its Working with CBK and CA to address MPesa Outages
Safaricom says that it is working closely with the communications regulator and the central bank to address the intermittent MPesa outages that have rocked the country since Saturday. The Kenyan [...]
Safaricom's Launch of 5G Network Underway
Safaricom's launch of 5G services has began following the telco's trial of a new and innovative network coverage technology dubbed TubeStar Base Station that is aimed at enhancing coverage in urban [...]Kenya Govt Gets Ksh35Bn Loan From Germany
The Kenyan Government has secured a loan amounting to Ksh35 billion from Germany saying the financing will go towards financing various projects in the country under the President Uhuru Kenyatta's Big [...]
Tatu City Project Sets Good Pace For Investment in Kenya- MPs
MEMBERS OF PARLIAMENT in the Trade, Industry and Cooperatives committee have lauded the Tatu City Mega project further urging the government to replicating the same in various counties across the [...]Kenya Govt Seeks 10 Years Extension to Repay Sh 77B Loan Due in April 2019
NATIONAL TREASURY Principal Secretary Dr Kamau Thugge has said that the government is seeking an extension of 10 years to pay a Ksh77 billion syndicated loan of 2015 that is [...]NIC Bank Shares Spike 45% on Merger Talk With CBA Group
Shares of NIC Bank Kenya spiked Friday following the announcement that it was in talks to merge with Commercial Bank of Africa (CBA Group), a deal that if it goes [...]Hudson Andambi Appointed Ag MD Kenya Pipeline as Sang, Five Others, Arrested
HUDSON ANDAMBI has been appointed the Ag Managing Director of Kenya Pipeline Company LTD, following the Friday morning arrest of the firm's top brass. The Permanent Secretary of the Ministry of [...]PE Firm Ascent Capital Africa Seeks To Raise Ksh12B For Its Ascent Rift Valley Fund II
ASCENT CAPITAL AFRICA LTD is seeking to raise Ksh12 billion to finance its new Ascent Rift Valley Fund II. Lucas Kranck, the firm’s co-founder, told Bloomberg that it is going [...]KRA Asked to Reduce Tax Rates and Eliminate Smaller Taxes to Achieve Revenue Targets
The Kenyan government has been advised to consider reducing tax rates going forward if it is to achieve its revenue targets, a report by PricewaterhouseCoopers has suggested. The Paying Taxes [...]NIC Bank and CBA Group In Merger Talks to Create 3rd Largest Kenyan lender
Two Kenyan based banks NIC Group and Commercial Bank of Africa (CBA) Group have announced talks about a merger that could create the country's third-biggest bank with assets of more [...]Turkana County To Increase Its Levies
Josphat Nanok’s government has raised taxes as it seeks to meet its revenue targets for the current financial year. Assenting to Turkana County Finance Bill, 2018, the governor has given [...]Mental Health Debunked at #Movember #UrbanHealth Event
#UrbanHealth #Movember took place at Urban Eatery, located at Delta’s PwC Tower, Westlands, Nairobi. Kenya’s top psychiatrists attended the inaugural event as Kenyans – both male and female congregated [...]
