Home BUSINESS Page 152

BUSINESS

This section give a comprehensive coverage of business news in Kenya – ranging from companies, industry, economy, markets, agriculture and the NGO world.

Bolt Partners with NTSA to Support National Boda Boda Rider Training...

The partnership is part of Bolt’s support and contributions towards the National Government Boda Boda Rider Training Programme launched in February 2021 to address the increasing road safety challenges in the Boda Boda Sector.

Kenya Power Eyes Telco Billions With Fibre Optic Network Extension

Kenya Power launched its fibre optic business in 2010 after being issued with issued with a Network Facility Provider - Tier 2 License by the Communications Authority of Kenya (CAK). It leveraged its extensive power transmission and distribution network to lay fibre optic cables across the country, and aims to enable licensed serviced providers to meet the constantly increasing bandwidth demand for voice, data and video.

KQ Domestic Flights Resume After Lockdown Lifting

Kenya Airways has resumed its domestic flights on today, Sunday 02 May 2021, following the lifting of the restriction of movement in and out of Nairobi as directed by President Uhuru Kenyatta. The airline will fly two times daily to the coastal city of Mombasa and once daily to the lakeside city of Kisumu as it continues to review the option of increasing frequencies as demand picks.

5 Network Management Mistakes Smart Businesses Should Avoid

As organisations race to accelerate their digital transformation ahead of competitors, modern business networks increase in scale and complexity. And the more complex they become, the more difficult it is to optimise and manage them manually. Not to mention how costly and labour intensive this exercise is. 

What Can the World Learn from Africa’s Approach to Tech and...

And, outside of the broad picture, there are examples of African companies using digital transformation in exciting and innovative ways. Within these examples are lessons that can be applied to the rest of the world, not least because they show that digital transformation is an ongoing process and not a “once-and-done” exercise.

KRA Wins Ksh234M Tax Claim Against Equity Bank

The High Court, in upholding the judgement of the Tribunal agreed with KRA’s submissions that the ESOP confers a benefit to an employee and the benefit to the employee arises from the fact that value of shares, whether or not they are issued at a discount, would ordinarily appreciate at the time of vesting.

Standard Group Posts Ksh434 Million Loss as Advertisers Flee

The media firm posted a whooping Ksh434 million pre-tax loss, down from Ksh684 million in 2019 - representing a 36 per cent decline. Like other major players in the media industry, Standard Group was affected by reduced advertising as firms trimmed marketing costs in response to the Covid-19 pandemic.

Uber’s Electric Motorcycles and Scooters Launched in Kenya

The launch of electric boda presents a 45% reduction in overall costs for Uber Boda and Uber Connect drivers, for whom fuel is the most significant operating cost. In Kenya, the boda boda sector employs over 1.6 million youths, the vast majority of which are based in Nairobi. 

Vivo Partners With Online Retailer to Expand Kenyan Footprint

''The Kenyan Smartphone market offers a favorable competitive landscape; with consumers considering online purchasing options, this partnership will give our users a wide range of choice and will see them enjoy the best mobile phones at the most affordable prices as we continue to expand locally,'' said vivo Kenya Brand and Communications Manager Mr. James Irungu.

1 in Every 100 Kenyan Mobile Phone Users Hit With Stalkerware...

Amongst other things, stalkerware can enable the perpetrator to track a victim’s location, read their messages, view their photos and videos, eavesdrop on telephone conversations, and see everything typed on the keypad.