BUSINESS NEWS
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The High Court of Kenya has invalidated Safaricom's attempt to impose expiration dates on its Bonga Points loyalty program.
The October 2022 directive, which would have affected points accumulated before December 31, 2019, has been struck down by Justice Chacha Mwita, who emphasizes that earned…
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The Central Bank of Kenya (CBK) has announced that the release of updated banknotes for smaller denominations is underway.
In an official statement dated November 20, the bank confirms the introduction of new 50, 100, 200, and 500 shilling notes, with the 1,000 shilling denomination already in…
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Government spokesperson Isaac Mwaura has stated that over 105,000 Kenyans have obtained job opportunities abroad in countries like the United Kingdom, Canada, Australia, Saudi Arabia, and Bahrain.
The Kenyan government is advancing its labour export and economic development strategy beyond the…
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The Kenyan shilling experienced a modest decline against the US dollar on Wednesday, November 13, marking its first downturn in several weeks.
Trading figures showed the shilling at 129.00/129.30 against the dollar, retreating from Tuesday's position of 128.50/129.50. This movement coincides with a…
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The Kenyan government has proposed a 15% tax on social media and internet services, which could significantly impact businesses and individuals engaged in online activities.
The draft proposal, published by the National Assembly Clerk Samuel Njoroge, outlines amendments to the Tax Laws aimed at…
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Kenyan company Keep IT Cool has been awarded the top prize in the 'Build a Waste-Free World' category at the prestigious Earthshot Prize ceremony held in Cape Town, South Africa.
Emerging victorious from a pool of 15 global finalists, Keep IT Cool's innovative solutions have earned them a…
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Kenya's telco, Safaricom now serves 46% of Ethiopia's population, just two years after entering the market.
The telco has since reached at least 52 million of the country's 112 million people. This milestone achievement was today revealed by Safaricom's Group Chairman Adil Khawaja during the…
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The Kenyan government is taking steps to enhance tax compliance and boost revenue collection by expanding the mandatory use of Personal Identification Numbers (PINs) for various government services.
This move aims to enable the Kenya Revenue Authority (KRA) to monitor individuals' and companies'…
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The skincare industry in Nairobi has experienced a surge in popularity, particularly due to the growing trend of body scrubbing at local spas.
Once relegated to basic bar soap, body care has now become a lucrative segment of the $5.6 trillion wellness industry, with women and men alike flocking to…
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Elon Musk, founder of Starlink satellite internet service, has addressed the company's recent decision to suspend new sign-ups in several African urban centers, including Nairobi.
Through his X (formerly Twitter) platform, Musk emphasizes the company's ongoing efforts to enhance internet capacity…
