The High Court quashed a public notice issued by Safaricom in October 2022 that introduced expiry dates on its loyalty program popularly known as Bonga Points. Justice Chacha Mwita at the same time prohibited Safaricom from giving effect to the notice which purported to introduce expiry dates on Bonga points service of more than three […]
Gary Gensler, the head of the U.S. Securities and Exchange Commission (SEC), has announced he will resign on January 20, the day of President-elect Donald Trump’s inauguration. Gensler confirmed his departure on social media platform X, saying, “I thank President Biden for entrusting me with this incredible responsibility. The SEC has met our mission and […]
Having a bank account in this interconnected digital world provides convenience and allows us to save time. Bank accounts encourage you to manage your finances while keeping your money safe. Whether you want to save money, pay fees and bills, or receive an amount for a loan, performing these tasks is not a problem if […]
President William Ruto has announced that Kenya’s economy is projected to grow by 5% in 2024 and 5.6% in 2025, building on last year’s 5.6% growth. Speaking during the state address, Ruto attributed the steady economic growth to government initiatives aimed at revitalizing the agricultural sector. These efforts include providing farmers with subsidized fertilizer and […]
The Central Bank of Kenya (CBK) has announced that the new Sh50, Sh100, Sh200, and Sh500 banknotes are now in circulation. This follows the earlier release of the Sh1,000 note, which was the first to be introduced after CBK announced updates to Kenyan banknotes on August 6, 2024. In a statement on Wednesday, CBK confirmed […]
The National Treasury has denied allegations by the Council of Governors (CoG) that it owes counties Sh63.6 billion for October and November 2024. According to documents seen by Kahawa Tungu, the Treasury disbursed Sh30.8 billion on November 18, 2024, which is currently being processed. The records detail payments made to counties, including a Sh32.8 billion […]
In a world of competition and change, entrepreneurs, executives and business owners are on a mission to stay ahead, adapt and scale. While this is an exciting journey, it can also feel like you’re climbing a mountain alone – blindfolded. Enter the business coach, a trusted guide who not only shows you the way forward […]
Arsenal beat West Ham United 5-2 at the London Stadium on Saturday evening thanks to a stunning 26-minute first-half attacking display. The Gunners started off brilliantly, with a Gabriel header opening the scoring before a sublime team move put them 2-0 up. And it only got better, with Martin Odegaard’s penalty and a Kai Havertz […]
Saturday night under the lights at the Lusail International Circuit offered perhaps the most critical qualifying session of the 2024 Formula 1 season. With McLaren inching closer to clinching the 2024 Constructors’ Championship, and both Ferrari and Red Bull hoping to stay alive in that fight, every position on the grid matters. George Russell threw […]
Oscar Piastri has claimed victory in the Sprint at the Qatar Grand Prix after team mate Lando Norris – who had led the event throughout – pulled over to let his fellow McLaren driver through at the very last moment, seemingly paying the Australian back for their previous switch during the Sprint event in Sao […]
Rebel forces launched the largest offensive against the Syrian government in years on Wednesday. By Saturday, they had taken control of “large parts” of the country’s second-biggest city, Aleppo. The surprise offensive prompted the first Russian strikes on Aleppo since 2016, and saw Syria’s military withdraw its troops from the city. The attack was led […]
Rebel forces in Syria have taken control of the “majority” of the country’s second-largest city, Aleppo, according to the UK-based monitoring group Syrian Observatory for Human Rights (SOHR). Russia launched air strikes in response across parts of Aleppo overnight into Saturday for the first time since 2016, the observers added. SOHR said more than 300 […]