Electric Vehicles to Make up 5% of Registered Vehicles in Kenya by 2025
The government of Kenya aims to increase the uptake of electric vehicles in the country in the next five years with a goal to have 5% of all registered vehicles [...]
Kenya Power Risks KSh 1.8 Billion in Penalties
Kenya Power, a state-owned electricity distributor, risks a bill upwards of KSh 1.8 Billion from the Unclaimed Financial Assets Authority (UFAA) for not surrendering unclaimed assets worth KSh 922 Million [...]
Interview with Coca-Cola Communications Director on Role of Private Sector in Plastic Waste Management
In 2018, Coca-Cola launched the World Without Waste Initiative that sought to address the packaging waste problem. Coca-Cola established three fundamental goals; to make its packaging 100% recyclable by 2025, [...]
CBK Opens New Cash Clearing Centre in Kisii
The Central Bank of Kenya (CBK) has today opened an ultra-modern cash-clearing unit in Kisii, to cater for financial needs of the wider Nyanza and Kisii region. This development takes [...]Zambia Highly Likely to Default on $3Billion Eurobond
Zambia is highly likely to default on its $3 billion Eurobonds after government adjourned meetings with creditors to November 13. The meeting scheduled for Tuesday 20 October was to propose [...]
SABC Proposes TV License Fees for Streaming Services to Boost Revenues
The South African Broadcasting Corporation (SABC) has proposed a change in regulations to boost its revenue collection. The proposed regulations presented by Deputy Communications Minister Pinky Kekana seek to expand [...]G20 Extends Debt Repayment Suspension for Another 6 Months
Officials from the G20 creditor countries (Group of 20 major economies) have announced plans to extend the debt repayment suspension for the world's poorest countries. The suspension of repayments has [...]Immaculate Kassait Nominated as Kenya's First Data Commissioner
President Kenyatta nominated Immaculate Kassait for the Data Commissioner Position. Justin Bedan Muturi, the Speaker at the Kenya National Assembly, announced her nomination today. ..I wish to report to the [...]Kenya begins 2021/22 Budget-making process
Kenya's National Treasury and Planning Ministry is inviting institutions, private sectors, non-governmental organizations, and the general public to submit their taxation proposals. These suggestions, to be contained in the Finance [...]Kenya's Huge Public Debt Bill raises Red flags
Kenya has been warned over its bulging debt repayment bill and the fact that it is increasingly using more of its tax revenue to settle debt rather than provide services. [...]Petrol Price Rises by KSh 1.12 After KRA Adjusts Excise Duty Upwards
Motorists will pay Ksh 106.55 for a litre of super petrol, up from Ksh 105.43 for the period between October 3 to 14th, after the Energy Petroleum Regulatory Authority (EPRA) [...]New Formula for Sharing County Revenue to Take Effect in 2021
Parliament has approved, without any amendments, the third County revenue sharing formula, paving way for it to kick in when the 2021/22 financial year begins in July next year. On [...]
