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Kenya’s giant gaming firm SportPesa says it will be shutting down its operations in Kenya and explore other markets following the government’s decision to impose a 35 percent tax on all gambling companies.
The firm said that it will be shifting base to Tanzania and in the United Kingdom (UK), a…
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A recent publication of Kenya’s top taxpayers’ by the Kenya Revenue Authority’s (KRA) has unearthed more than 100 Kenyans who have joined the billionaires club in recent times, even as Kenya continue to grapple with tough economic times.
The taxman list the ‘silent billionaires’ with an annual…
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A recent deal between United States Government and a Kenyan Firm will see more than 2,000 Kenyan youth trained and employed in the Kenyan textile industry.
USAid East Africa Trade and Investment Hub (the Hub) and Generation Program Kenya Limited, a local subsidiary of the McKinsey Social Initiative…
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Kenya Airways (KQ) has made a major stride in its efforts to have direct flights to the United States, after being granted air traffic rights to the United States' airspace.
Transport Cabinet Secretary James Macharia said that Kenya Airways now awaits other crucial licenses to see it fly direct…
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Global taxi Service Company Uber has spelt out tough guidelines for its customers in Kenyan and the East African, with one risking losing their access to the services, if found breaching the rules.
In a statement, the firm said that while drivers have strict rules of conduct, the new guidelines…
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Barclays Bank Kenya has announced that it will be closing seven branches in the country as a continued plan to optimize its operations. The multinational financial institution said that five branches in Nairobi, one in Meru and another in Voi will stop operations from October 1st.
This will see…
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Kenya will be collaborating with the United States government in the areas of digital economy and cyber security to boost security and protection of information. Information and Communication Technology (ICT) Cabinet Secretary Joe Mucheru has said that the partnership aims at securing information…
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A new report by Global Consultancy firm McKinsey & Company indicates that Chinese firms operating in Kenya have managed to create 127,000 jobs.
According to the report that was released on Tuesday, about 396 Chinese companies are operating in Kenya and about 90 per cent of their employees are…
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World’s largest internet search engine has been slapped with a 2.22 Billion Euro fine by the European Union (EU) antitrust regulators on its Alphabet unit Google on Tuesday for illegally favoring its shopping service.
The European Commission gave Google an ultimatum of 90 days to halt its anti-…
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Kenya and Uganda have re-affirmed their commitment to having the ongoing construction of the Standard Gauge Railway (SGR) line reach Kampala.
In a joint press briefing, Uganda Minister for Works and Transport Monica Azuba Ntege and Kenya’s Cabinet Secretary for Transport James Macharia said that…