Avoiding M-Pesa Charges, Kenyans Exploit CBK Directive to Enjoy Free Transfers,...
As the zero-rated transaction period lapsed on January 1, Safaricom cut low value M-Pesa transaction fees by up to 45 per cent in line with a deal agreed with the Central Bank of Kenya (CBK). Withdrawal fees remained in place.
New Journalism Awards Celebrate Digital Shift Threatening Big Boys’ Revenues
During the pandemic, Nation Media Group saw a reduced number of newspaper circulations. Shortly after, the news conglomerate imparted changes to its brand and interface. The rebrand to Nation Africa applied to mainstream and digital media, however, the latter has been taken to account more.
Wealth Tax: Govt Plans Surprise for Kenya’s Super-Rich & High-Income Earners
The move notably comes amid a global conversation on imposing higher taxes on the rich - with a growing movement piling pressure on their governments to do so as a way of taming inequality and channeling resources to neglected and impoverished communities.
Empowering Wanjiku in 2021: Here’s What We Must Do
Wanjiku, an Agikuyu name, found its way into mainstream discourse thanks to the Second President of Kenya, the late Daniel Moi, who irritably used the word as retaliation to Kenyans in the 1990s. At the time, political activists and Kenyans were calling for a constitutional review that would actively feature Kenyans' input.
Homeboyz Issues Profit Warning 3 Months After NSE Listing
The firm which has interests in events, audio-visual production, sports and youth marketing saw its event division, in particular, take a hit during the pandemic as the entertainment and events sector was affected by restrictions on gatherings and the curfew.
Ksh18 Billion-a-Year Mitumba Industry Fights for Changes Amid Threats to Its...
The second-hand clothes sector in Kenya, better known as Mitumba, paid Ksh12 billion in taxes in 2019, and employs over 2 million people. A new report from the Institute of Economic Affairs (IEA) commissioned by the Mitumba Consortium Association of Kenya, offered numerous insights into the lucrative sector which continues to face threats despite its contribution to the economy.
150 Restaurants Participating in 2021 Nairobi Burger week
"This year we have seen a record number of restaurants, over 150, so diners will be spoilt for choice. We’ve made it even simpler, so all one has to do is visit any one of the participating outlets and ask for their burger week deal," she added. Burger week 2021 is assured to reach far and wide as Uber eats will provide delivery services for non-restaurant burger lovers.
15 Inspiring Women in Corporate Africa
According to McKinsey's Women in the Workplace 2020 study, women make up 48% of entry-level employees, but only 38% of managers, 34% of senior managers or directors, 29% of VPs, 23% of SVPs, and just 22% of C-suite executives. We kick off with our top 15 list of African women in the Corporate world. These women have torn down gender bias in the workplace by taking up SHE-EO (CEO), founders, head officers, and managerial seats in some of the continent's leading companies.
What Safaricom Would Look Like Broken Up as MPs Push to...
The bill seeks to amend Section 25 of the Kenya Information and Communications Act to require anyone operating a telecommunications service to “obtain the relevant licences from the respective regulators of any industry ventured into.”
10,000 Kenyan Bartenders to Receive World Class Training at New Diageo...
With bars' operating hours in Kenya restricted due to Covid-19 restrictions, many bartenders have been engaged in other activities even as others grapple with unemployment and wage cuts. It is expected that the program will offer them an opportunity to use the time on their hands to upgrade their skills to world-class standards, placing them in a good position to bounce back from the shocks of the pandemic.