The National Police Service (NPS) has called on Public Service Vehicle (PSV) operators and boda boda associations to ensure their drivers and conductors treat passengers with respect. In a statement…
The Kenya Bankers Association (KBA) has confirmed the implementation of a Ksh2 million ($15,000) withdrawal limit, aligning with the Anti-Money Laundering Act. Speaking before the Departmental Committee on Finance and…
Starting Tuesday, April 1, ride-hailing platform Bolt will begin applying a 16 percent Value Added Tax (VAT) on its drivers’ earnings, marking the end of a 15-month period in which…
Kenya Reinsurance Corporation (Kenya Re) has announced that it will maintain a dividend payout of Sh839.94 million despite a decline in net profit by 10.8% for the financial year. The…
Tanzania has introduced fresh tariffs on various Kenyan goods, including meat, dairy, eggs, and confectionery products, a move that is straining trade relations between the two countries. The new levies,…
LG Electronics East Africa, in collaboration with Opalnet Engineering Ltd, is set to revolutionize the regional air conditioning market with its latest range of eco-friendly products. The unveiling, which took…
Kenyan enterprises operating in South Sudan are facing the threat of massive losses and potential shutdowns as the country inches closer to renewed civil war. The United Nations has termed…
Kenya is making significant strides in the regulation and taxation of cryptocurrencies, positioning itself as a leader in Africa’s rapidly expanding digital economy. With over four million Kenyans—about 8.5% of…
The default rate on popular digital loans surged to highs of up to 40 percent in the year ending December 2024, according to a report by the sector lobby. This…
Weetabix East Africa is investing Sh200 million in upgrading its Nairobi production facility as part of a broader strategy to penetrate the European and American markets. This move marks a…