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    Tenants in Control as Nairobi Offices Drop Rents Under Pressure

    Across Africa, the performance of office rents remained mixed. Financial services and technology sectors have been the most notable sectors driving up occupier demand, a trend mirrored around the world.

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    KRA to Collect Ksh6.8 Trillion in Next Three Years

    KRA Commissioner General Mr Githii Mburu said that the Authority is up to the task amidst various challenges that range from an upcoming general election in 2022, post-COVID 19 recovery measures and a growing informal sector that is hard to tax.

    AAR Invests Ksh20M to Become Full Digital Insurer

    “Moving our information assets, core systems and digital tools to the Cloud presents attractive opportunities for the realization of our goal of being a full digital insurance provider, by creating an environment for customers to enjoy end-to-end services through their phones and digital devices,” he added.

    NBA 2K Highest Grossing Franchise as Take-Two Hits $2 Billion FY Revenue

    Take-Two generated more revenue from recurrent consumer spending in another company first than full games in FY 2021. Recurrent consumer spending generated $2.07B in revenue in FY 2021 giving it a 61.5% share of total revenue compared to revenue from Full games which accounted for just 44.8% in FY 2021.

    Triggerfish Launches Netflix-sponsored Pan-African Story Artist Lab

    African citizens with concept art and/or storyboarding portfolios can apply until Friday, 23 July 2021.

    Repainting Nairobi: Businesses Face Ksh1,500 Daily Fine for Missing Deadline

    Property owners who miss the Nairobi Metropolitan Services (NMS) deadline to repaint their buildings face a daily fine of Ksh1,500 for each day of non-compliance.

    Tenants in Control as Nairobi Offices Drop Rents Under Pressure

    Across Africa, the performance of office rents remained mixed. Financial services and technology sectors have been the most notable sectors driving up occupier demand, a trend mirrored around the world.

    Showmax: 5 African Stars Whose Lives You Can Dive Into

    I Am Laycon, which broke viewing records in Nigeria in its first week on Showmax, follows Laycon through his journey as he settles into life as a celebrity, while juggling his personal relationships and growing music career in one of Africa’s biggest cities, Lagos.

    Vivo’s V21 Smartphone Launched in Kenya

    The V21 that will be available both online and offline in Kenya from Wednesday, June 23 will come with an 8GB plus 3GB Extended RAM coupled with up to 128GB of onboard storage.

    Adaptis: Kenyan Firm to Link Investors to US Financial Markets

    Adaptis Capital seeks to be the bridge that connects aspiring investors from emerging markets to invest in the world’s biggest economy.

    DEBUNKED: Chris Kirubi Did Not Launch Capital FM

    According to records he owns shares in a number of companies, among them Capital FM. In reporting about Kirubi’s business empire, Daily Nation’s reporter John Kamau wrote on 15th June edition that “in the media industry, Kirubi launched capital FM radio - a leader in its segment. It is here that the flamboyant businessman had the tag DJ CK as he tried his hand as a presenter - as a hobby.”

    Grocery Deliveries: Uber Eats Promises Freshness With New Partnership

    Expect deliveries within the hour by a delivery person using the Uber Eats application and relying on all health and safety guidelines shared by the Government.

    Why Loans Will be More Expensive From July

    The institutions will have to pay 20 per cent excise duty on fees and commissions earned on loans after the Parliamentary Finance and Planning Committee rejected pleas by bankers to drop the proposal. The proposal was contained in the Finance Bill 2021.

    Safaricom Launches M-Pesa Super App With Offline Mode, Mini Apps

    Besides the Mini-Apps and Offline Mode, the M-PESA Super App provides customers with a range of other convenient features. These include fingerprint and face unlock and transaction authentication, detailed usage statements, and an easy-to-use and fun design. Customers can therefore use fingerprint or face unlock to confirm a transaction in place of their M-PESA PINs.

    Tax Returns: KRA Steps Up Efforts To Avoid Last-Minute Rush

    The 1st of January, 2021, marked the beginning of the tax return filing season for the 2020 income year. All annual tax returns for the year 2020 for individuals and for entities with a December year-end should be submitted online through the iTax platform on or before 30th June 2021. To handle increased traffic to both its website and offices, the tax man has extended working and will operate even on weekends.

    FAKE: No Aircraft Disappeared From KCAA Radar

    Former Nairobi Governor Mike Sonko on Monday June 15th 2021 shared details of a missing aircraft on his Facebook page. He reported that the...

    Safari Rally: Safaricom Powers Carl Tundo’s Quest for Glory

    Part of the KES 3.5 million partnership includes the multiple Safari Rally champion mentoring the three young Kenyan drivers selected as part of the FIA Rally Star programme and who Safaricom is also supporting.

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