President William Ruto has reaffirmed the government’s commitment to upgrade various sporting facilities ahead of the 2027 Africa cup of nations to be co-hosted by Kenya, Tanzania and Uganda. ‘we are implementing a sports and creative industry development infrastructure master plan which is devoted to providing state of the art competitions and training […]
Kenyan startups have been challenge to realign their fundraising strategies with the needs of investors amid slowdown in venture capital flowing to the continent. During a live podcast hosted by Founders Factory Africa in Nairobi, startups were advised to be reasonable in choosing the investors they approach for funding as investors shift priorities in the […]
BAK Chairman Michael Kimani A new law that will spur investment and accelerate legal use of digital assets in Kenya is underway following submission of the draft document by the Blockchain Association of Kenya (BAK) to the National Assembly. The lobby group which was mandate to propose a bill for consideration by the Finance and […]
Powerful Haitian gang leader Jimmy Cherizier, also known as “Barbecue,” has attempted a coup to overthrow Prime Minister Ariel Henry, who is currently in Kenya. Violence erupted in Haiti for two consecutive days as the gangs warned Henry against returning to the country where he assumed leadership in 2021 after the assassination of President Jovenel […]
The High Court has ordered the Bank of Baroda to pay Sh22 million in damages for the irregular sale of loan security, highlighting the importance of due diligence and fairness in banking practices. This ruling sets a precedent for legal compliance and ethical conduct in the treatment of loan security sales. In a landmark ruling […]
Kirinyaga County Governor Anne Waiguru County governments managed to raise Ksh 19.95 billion in the first half of the year to December 31, 2023 as their own-source revenue according to a report by the Controller of Budget. The County Budget Implementation Review Report for the first six months of the 2023/24 fiscal year indicate that […]
Sidian CEO Mr. Chege Thumbi giving remarks during the 3rd Annual Summit for Kenya Teachers Sacco Association (KETSA)! Sidian Bank has reaffirmed its dedication to supporting SACCOs in Kenya during the 3rd Annual Leaders’ Summit KETSA 2024, hosted by the Kenya Teachers Sacco Association (KETSA). The three-day event brought together SACCO officials to discuss pertinent […]
Kirinyaga County Governor Anne Waiguru County governments managed to raise Ksh 19.95 billion in the first half of the year to December 31, 2023 as their own-source revenue according to a report by the Controller of Budget. The County Budget Implementation Review Report for the first six months of the 2023/24 fiscal year indicate that […]
The Principal Secretary of the State Department for Transport, Mohamed Daghar has commissioned 430 rolling stock (wagons) meant to improve efficiency in freight service. The arrival of the wagons will also bolster the clearance of a backlog of 100,000 tonnes made up of steel pellets and coils and other loose cargo at the port of […]
A German national charged before a Kilifi court with sexual child exploitation has been granted a Ksh 1 million bond with two Kenyan sureties. Netzband Tim Marvin is facing three counts of child trafficking, child pornography, and promoting a sexual offence with a child. In the first count, Marvin was charged with trafficking in persons […]
The Kenya Revenue Authority (KRA) says it has simplified its electronic tax invoicing system to assist small businesses in enhancing tax compliance. The authority has introduced the simplified version of thee electronic Tax Invoice Management System (eTIMS), dubbed “eTIMS Lite” for non-VAT registered taxpayers. “KRA wishes to invite taxpayers and representative bodies who may experience […]
Those seeking to pursue medical courses at the Kenya Medical Training College (KMTC) have until March 4th to apply. This is after Kenya Universities and Colleges Central Placement Service (KUCCPS) indefinitely extended the application deadline following an uproar among applicants, teachers and parents over portal hitches. The medical training institution for the first time onboarded […]