Month: August 2022

130 Articles
Wasoko was valued at $625 million after closing a $125 million Series B round in March 2022. [Photo/ Wasoko]
BUSINESSECONOMYTECHNOLOGY

Wasoko CEO Moves to Zanzibar from Kenya With Developers

Firms including Wasoko under the Silicon Zanzibar program will benefit from Zanzibar Free Economic Zone incentives including exemption from corporate tax for 10...

SMART MONEY

3 Pros And 3 Cons Of Investing In Initial Coin Offerings

You may have recently observed the rising popularity of cryptocurrency. Compared to fiat currency, crypto is digital and decentralized. When one says that...

FIBA EuroBasket
FEATURED STORY

StarTimes Secures FIBA EuroBasket 2022 Broadcast Rights

Pay television company StarTimes has acquired the FIBA EuroBasket 2022 broadcast rights. The tournament will be star-studded as ever with the biggest names...

Hospitals are questioning why they are being asked by NHIF to quote Ksh1,000 per year per beneficiary in their invoices instead of the agreed upon Ksh1,400. [Photo/ Langata Link Essentials]
FEATURED STORY

Why Your Preferred Hospital Could Soon Decline NHIF

“We are in a state of limbo as to whether we should serve NHIF outpatient or not because we run the risk of...

With third-party agents and platforms out of the picture, all customers will only henceforth be able to either pay their bills or purchase tokens via official Kenya Power payment channels only. [Photo/ Facebook]
BUSINESSECONOMY

Kenya Power Shuts Down Token Agents, Unauthorized Paybills

The notice is set to affect several businesses which had emerged as vendors of prepaid electricity tokens. They include digital companies which Kenya...

digital-plates
TECHNOLOGY

Kenyans To Pay Ksh3,000 For New Generation Digital Number Plates

The government has launched new generation of digital number plates at the GSU Recce unit Headquarters in Ruiru, Nairobi, that will cost motorists...

Nairobi Governor Johnson Sakaja and his deputy Njoroge Muchiri when they addressed county workers at City Hall on August 29, 2022. [Photo/ @SakajaJohnson]
BUSINESSECONOMY

Blunder or Masterstroke? Sakaja Dumps KRA for ‘Kanjo’ Revenue Collection

KRA took charge of the county's revenue collection soon after the national government through the Nairobi Metropolitan Services (NMS) took over a number...

Family Bank CEO Rebecca Mbithi
BUSINESS

Family Bank Records Ksh2.3B Profit In The First Half Of 2022

Family Bank Group has posted a Ksh2.3 billion Profit Before Tax in the first six months of 2022. This is a 37.4 %...

Safaricom subscribers will from August 30th be requested for their M-Pesa PIN instead of their Service PIN when purchasing data bundles. [Photo/ Dignited]
BUSINESSTECHNOLOGY

Safaricom Changes How to Buy Bundles With M-Pesa

The Service PIN can only be set or changed by the customer when they attempt to perform a transaction that requires the Service...

Hass avocado
BUSINESS

Kenya Eyes Malaysia Avocado Market

The local avocado growers and exporters may soon enjoy further market diversification opportunities’ in Malaysia as part of ongoing trade facilitation efforts by...