Business
High Court bars Milestone Games Limited from using “Sportpesa” trademark
May 17, 2022
High Court bars Milestone Games Limited from using “Sportpesa” trademark
The High Court has issued temporary orders barring Milestone Games Limited from using the “Sportpesa” trademark pending the hearing and…
KRA revenue collection hit Ksh.1.45 trillion in 10 months to April
May 17, 2022
KRA revenue collection hit Ksh.1.45 trillion in 10 months to April
Kenya Revenue Authority (KRA) collected Ksh.1.45 trillion in ten months to April 2022 from Ksh.1.1 trillion in April 2021. This…
Kenyans borrow Ksh.6 billion monthly from Co-op bank e-wallet
May 16, 2022
Kenyans borrow Ksh.6 billion monthly from Co-op bank e-wallet
Kenyans borrow Ksh.6 billion every month from the Co-operative bank mobile money platform, translating to Ksh.200 million daily on average.…
Bitcoin has no future as payment network, says FTX owner Bankman
May 16, 2022
Bitcoin has no future as payment network, says FTX owner Bankman
Cryptocurrency exchange FTX’s founder has said that bitcoin has no future as a payments network and criticized the digital currency…
Kenya looks outside EAC for maize import as flour price hits Ksh.149 per 2kg
May 16, 2022
Kenya looks outside EAC for maize import as flour price hits Ksh.149 per 2kg
The Kenyan government now says it will import maize in bulk to cushion Kenyans from the rising price of maize…
Elon Musk puts Ksh.5 trillion Twitter purchase deal on hold over fake accounts
May 16, 2022
Elon Musk puts Ksh.5 trillion Twitter purchase deal on hold over fake accounts
Elon Musk’s Ksh.5 trillion Twitter purchase deal has been put on hold over existing fake accounts as the trillionaire waits…
KRA denies increase of taxes on cooking gas
May 13, 2022
KRA denies increase of taxes on cooking gas
Kenya Revenue Authority (KRA) on Friday denied an increase in taxes on Liquid Petroleum Gas (LPG). Some media houses had…
Court orders Uhuru to make Ksh.477 billion SGR contract with China public to Kenyans
May 13, 2022
Court orders Uhuru to make Ksh.477 billion SGR contract with China public to Kenyans
The Kenyan government has been ordered to make the 605km long Standard Gauge Railway (SGR) contract public to Kenyans. This…
Kenyans borrowed Ksh.151.4 billion from Fuliza in 2021
May 13, 2022
Kenyans borrowed Ksh.151.4 billion from Fuliza in 2021
Quick loans from Fuliza surged by 43 percent to Ksh.502.6 billion in 12 months to April 2022 from Ksh.351.2 billion.…
Laikipia County to float Ksh.1.16 billion bond after Cabinet nod
May 13, 2022
Laikipia County to float Ksh.1.16 billion bond after Cabinet nod
The Cabinet meeting chaired by President Uhuru Kenyatta Thursday approved Laikipia County to float its Ksh.1.16 billion infrastructure bond. This…