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Home » Business & Economy » Page 5

Browsing: Business & Economy

CBK licenses 27 more digital credit providers, raising total to 153

By Zola TemboSeptember 4, 20252 Mins Read0

NAIROBI, Kenya — The Central Bank of Kenya (CBK) has granted licenses to 27 additional Digital Credit Providers (DCPs), bringing the total number of licensed…

Kenya Meat Commission to sell ‘Mutura’ as part of new commercial strategy

By Michael WandatiAugust 28, 2025Updated:August 28, 20252 Mins Read0

NAIROBI, Kenya — The Kenya Meat Commission (KMC) will now offer mutura to customers at its retail outlets as part of a new strategy to…

KRA scraps manual tax returns for salaried workers

By Michael WandatiAugust 27, 20252 Mins Read0

NAIROBI, Kenya — The Kenya Revenue Authority (KRA) has announced that it has exempted salaried workers from the manual filing of annual tax returns, a…

M-Pesa Global’s broken promise: When ‘instant’ transfers turn into a 72-hour nightmare

By Michael WandatiAugust 14, 20255 Mins Read0

NAIROBI, Kenya — For many Kenyans with family, friends, or business partners in Uganda, mobile money has long been the go-to lifeline for urgent cross-border…

DStv faces license suspension in Ghana over high subscription fees

By Zola TemboAugust 5, 2025Updated:August 5, 20252 Mins Read0

ACCRA, Ghana — The government of Ghana has given satellite broadcaster DStv a firm deadline of Thursday to lower its subscription fees or face the…

NACADA’s tough new alcohol control plan spark industry backlash in Kenya

By Michael WandatiJuly 31, 20253 Mins Read0

NAIROBI, Kenya — A significant debate is intensifying in Kenya following the latest proposals aimed at controlling the sale and consumption of alcohol, notably including…

Tanzania bans foreigners from operating 15 small businesses, Kenya raises concerns

By Amani NuruJuly 31, 20254 Mins Read0

DAR ES SALAAM, Tanzania — Tanzania has enacted a new directive prohibiting foreign nationals from owning and operating businesses in 15 primarily small-scale sectors. This…

Safaricom enables seamless PayPal withdrawals directly via M-Pesa app for Kenyan users

By Michael WandatiJuly 25, 20252 Mins Read0

NAIROBI, Kenya — Safaricom has introduced a significant new feature, enabling users to withdraw funds from their PayPal accounts directly through the M-Pesa app. This…

Safaricom surpasses 50 million customers in Kenya

By Zaraon ThryssJuly 24, 20252 Mins Read0

Nairobi, Kenya — Safaricom, Kenya’s leading telecommunications provider, has announced a significant achievement: surpassing 50 million customers on its mobile network in Kenya. This major…

More Kenyans turn to mobile money loans as bank lending declines – World Bank report

By Kwame ObuasiJuly 22, 20252 Mins Read0

NAIROBI, Kenya — A new report from the World Bank indicates a significant shift in Kenya’s borrowing landscape, with more Kenyans increasingly opting for loans…

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