Sportpesa Axed as Govt Renews Only 3 Betting Licenses

    The details emerged in a letter from BCLB Chairman Cyrus Maina addressed to legal representatives of Safaricom and Airtel. Most betting firms receive deposits via Safaricom's M-Pesa and Airtel's Airtel Money, and the board works with telcos to shut down pay-bill accounts of non-compliant firms.

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    Mass Exodus? VFS Global Reveals Surge In Outbound Travels From Kenya

    VFS Global has announced that application volumes for outbound travels from Kenya between January to April 2022 have neared the total application count for...

    James Mwangi’s New 4-Point Plan to Transform Africa’s Economy

    Mwangi disclosed that the plan was developed in consultation with leading experts from various public and private sector bodies, including the International Finance Corporation (IFC) and the East African Community (EAC).

    New Visa Rule Throws Kenyans’ Travel Plans Into Disarray

    The new restriction means that a Kenyan travelling to North America or elsewhere with a connecting flight through Amsterdam or Paris, for instance, will have to apply for a Transit Schengen visa before leaving Kenya.

    mTek Secures Ksh340M Investment For Digital Insurance Penetration

    Kenyan insurtech and digital insurance platform mTek has secured an investment commitment from African-focused fintech platform, Finclusion Group, totalling $3 million (Ksh340 million) -...

    Startup Access To Funding In Upward Trajectory As GetEquity Expands To East Africa

    As global economies rebound from the COVID-19 shock, things are looking up for African startup founders, an April 2022 report by African Private Equity...

    Fortune Hunters: First Kenyan To Bank a Billion Started Off As a Gov’t Officer

    The patriarch of one of Kenya’s wealthiest families joined the civil service in 1965 after being appointed an economic advisor. He would then serve as permanent secretary in various ministries including Agriculture, Finance and Economic Planning.

    Independent Power Producers Call For Adoption Of Battery Energy Storage Systems

    Independent Power Producers (IPPs) are urging electrical sector players to use battery energy storage systems as one of the approaches to assure Kenya's electricity supply stability. Tapping...

    After Guzzling NMG’s Millions, Business Daily Got Off To a False Start

    On 13th March 2007, Business Daily was launched. On its first day on the newsstands, despite heavy promotion, it sold just 300 copies. “People didn’t want to look me in the face,” says Wachira, who was managing editor and face of the new paper.

    Mandatory Masks Make a Comeback as Covid Cases Spike

    Kenyans will be required to wear masks in public service vehicles (PSVs), supermarkets, churches, mosques,  offices and flights.

    Telkom Launches Changa Bundle To Enable Customers Share Data, Minutes, Voice And SMSs

    Telkom has launched the Changa Bundle to enable Kenyans share data, minutes, voice and SMSs. Telkom prepaid customers now have the opportunity to acquire 100 GB of...

    Bloodbâth At Keroche As Company Lays Off 400 Workers

    Keroche Breweries Limited has announced the retrenchment of over 400 workers following the closure of its Naivasha-based brewery over tax disputes with the Kenya...

    Nairobians Hit With Matatu Fare Hikes as Cost of Living Skyrockets

    Matatus aren't the only one passing on the cost to consumers. Cab-hailing services including Uber also announced that they would increase fares in response to the higher fuel prices.

    How Betty Kyallo Sister Mercy Almost Dìed Selling Her Eggs

    Mercy Kyallo, the sister to former TV queen Betty Kyallo, has touched off heated debate after revealing some personal details about her life which, while not unusual, appear to have shocked a section of Kenyans.

    Betty Kyallo And Sisters Wash Their Dirty Linen In Public

    Now, for the first time ever, Betty Kyallo sisters are opening up all aspects of their lives in their new reality series Kyallo Kulture, now streaming on Showmax.

    WorldRemit Says Kenya Among Its Top 3 African Markets

    Kenya is among the top three countries in Africa to which WorldRemit users globally send money. In data shared with newsrooms globally on 17th...

    Mozzart Bet Lifts Malkia Strikers With Sh10M Sponsorship

    Bettìng Firm Mozzart Bet has signed a one-year deal with Kenya Volleyball Federation (KVF) that will see the company sponsor the National Women’s volleyball...

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