The government has said it will rename the National Health Insurance Fund (NHIF) to a suitable name amidst the ongoing reforms in the multi-billion state parastatal. According to Health Cabinet Secretary Susan Nakhumicha, the state underwriter would be renamed to National Social Health Insurance Fund (NSHIF)
The Kenya Revenue Authority (KRA) launched the Tax Invoice Management System (TIMS) on July 13, 2021 with an expectation that taxpayers would comply by July 31, 2022. However, following requests by taxpayers for more time to acquire and integrate devices with their invoicing systems, the KRA
Elon Musk’s SpaceX announced that Starlink set its foot in Africa after it successfully launched operations in the continent's most populous state, Nigeria. On its Twitter Page Tuesday, Space X promised Nigerians a more reliable fast internet speed. “Starlink is now available in Nigeria – the first
Showmax announced a new 2-for-1 deal for loyal customers and new streamers for its local drama and reality, as well the newest and most talked about international programming. From February 1, 2023, subscribers who pay for one month of Showmax will receive a second month at
The National Transport and Safety Authority launched a new system of number plates – digital plates last year to enhance security features. The application applies for two set categories, vehicles and motorbikes. Acquiring a new plate, however, comes at a fee. NTSA cut the application rate for
The National Transport and Safety Authority (NTSA) launched a new system of number plates – digital plates last year to enhance security features The new plates, which appear more presentable than the initial ones, thanks to the former Interior Cabinet Secretary Dr. Fred Matiangi, have been
The Commercial International Bank (Egypt) S.A.E. (CIB) has acquired an additional 49 percent of the shareholding of Mayfair CIB Bank Limited (MBL). This follows the Central Bank of Kenya's (CBK) approval on January 23, 2023, under Section 13(4) of the Banking Act and approval by the
The Central Bank of Kenya has okayed a further 12 Digital Credit Providers (DCPs) to operate in Kenya through the issuance of licenses. This is pursuant to Section 59(2) of the CBK Act, bringing the number of licensed DCPs to 22 following the licensing of 10
Kenya Electricity Generating Company PLC (KenGen) will pay a total of Ksh.1.32 billion in dividends to its shareholders for the year ending June 30, 2022. This was after the company posted a Ksh.4.7 billion profit after tax. It follows approval by shareholders of the KenGen Board’s
The Kenya Post Office Savings Bank (Postbank) has appointed Sarah Serem as the chairperson of the Board of Directors. Serem's three-year tenure is effective January 13, 2023, for the public servant who brings wealth of experience and expertise from various fields including administration. Prior to her appointment,
