Year: 2021

2133 Articles
Amazon is also projected to surpass the $20B mark in ad revenue in 2021, and to nearly double by 2023 to $30B.
BUSINESSTECHNOLOGY

Amazon Ad Revenue Projected To Almost Double By 2023 To $30B from $15.73B in 2020

E-commerce giants Amazon are poised to earn more in the coming years from advertising. According to data presented by TradingPlatforms.com, Amazon is projected to...

While commissioning the rural electrification projects and also officially opening the Mweiga Stores, the REREC Board of Directors’ Chairman, Prof. Simon Gicharu, called on County Governments and Members of Parliament to embrace the Matching Fund approach to hasten the implementation of electrification programs in their areas. [Photo/ Twenzetu.com]
ECONOMY

5,600 Nyeri Residents to Get Electricity in New REREC Projects

The Rural Electrification and Renewable Energy Corporation (REREC) on Thursday, May 6 commissioned two  electricity projects in Mweigaregion, Kieni Constituency, Nyeri County. The...

Kariuki was arrested while transporting the goods on 14th March 2021 at Mlolongo along Nairobi-Mlolongo road. The Court ordered for the release of motor vehicle used to transport the goods but ordered that the exhibits (Azam Energy drink) be destroyed by KRA. (Credit: iStockPhoto)
BUSINESS

Trader Fined Ksh80, 000 for Possession of Fake Excise Stamps

A Milimani law court has fined a trader KShs.80,000 or in default, imprisonment for 8 months after the accused trader pleaded guilty to...

In his new role, Mawingu Networks CEO Oliver August will spearhead the digital transformation agenda at Nation Media Group (NMG)
BUSINESSMEDIA

NMG Taps Mawingu Networks Boss for CTO Role

Nation Media Group (NMG) on Thursday, May 6 confirmed the appointment of Oliver August as Chief Technology and Innovation Officer. As the CTO,...

Solstice Technologies CEO Michael Bullut and Adaptis Group CEO Kenneth Mantu. Adaptis Group acquired Solstice in a bid to respond to SME's evolving needs.
BUSINESSTECHNOLOGY

Re-Imagining SME Operations in a Post-COVID Economy

The COVID-19 pandemic has forced businesses to re-evaluate their business models from the traditional in-person setting to a new world of online meetings...

Justice William Ouko. His track record in the Judiciary includes the Ouko Report, which included many proposals incorporated in the 2010 Constitution changing the institution.
CAREERS

Justice William Ouko: Tennis, Music Lover Who Swore in Kibaki at Uhuru Park

After another round of televised interviews, the Judicial Service Commission (JSC) on Wednesday, May 5 nominated Justice William Ouko to join the Supreme...

President Uhuru Kenyatta and her Tanzanian counterpart Samia Suluhu in talks during Tanzania's maiden state visit to Kenya. The leaders resolved to improve bilateral relations and trade flows between the two countries. [Photo/State House Kenya]
BUSINESSFEATURED ARTICLE

Tough Questions Kenyans Want Answered on Uhuru’s New Work Permit Policy

President Uhuru Kenyatta on Wednesday, May 6 announced the scrapping of the requirement of work visa and permits for Tanzanians looking to work...

BUSINESSFEATURED ARTICLE

Absa Kenya to Empower 1 Million Women Entrepreneurs With Absa She Business Account

Absa Bank Kenya targets to impact over 1 million women entrepreneurs over the next five years with a new proposition that offers financial...

If the excise duty is reinstated, betting firms in Kenya are likely to report lower revenues. The government has maintained its stance on mitigating negative societal effects of sports betting through taxation and enhanced regulation.[Photo: YogoNet]
BUSINESSECONOMY

Return of 20% Betting Tax Spells Doom for Big Players

The Cabinet Secretary Ukur Yattani-led National Treasury is seeking to re-introduce excise duty on betting, charged at the rate of 20% of the...

CRYPTOCURRENCY

How Does Crypto Trading Work in Kenya?

The trend in crypto trading has been on a steady rise since the introduction of cryptocurrencies. What initially was considered as something that...