Singapore is roughly the size of Nairobi County. Kenya is nearly 800 times larger. Yet in 2024, Singapore’s GDP stood at approximately USD 500 billion, while Kenya’s hovered around USD 110 billion. The difference is not geography, population, or...
Kenya’s small and medium-sized enterprises (SMEs) remain the quiet stabilisers of the economy, even as rising costs, weak consumer demand, and financing constraints continue to squeeze businesses, according to the Central Bank of Kenya (CBK) CEOs Survey released in...
What is Turnover Tax (TOT)?
Turnover Tax is a tax charged on businesses whose gross turnover is more than KSh. 1,000,000 but does not exceed or is not expected to exceed KSh. 25, 000,000 during any year of Income.
TOT is...
Joseph Ndung’u, a 27-year-old tuk-tuk driver from Kisauni, Mombasa, has become the latest KES 1 million winner in Safaricom’s ongoing Shangwe @25 promotion, an extraordinary turnaround sparked by an everyday M-PESA transaction.
Having worked in the transport sector for seven...
Safaricom PLC today marked the formal listing of its Green Bond at the Nairobi Securities Exchange (NSE), with 2,453 individual investors accounting for 96 per cent of the applications.
Applications through USSD and payments via M-PESA accounted for 59 per...
Disruptions have now become the uninvited yet stubbornly permanent guest at the post-COVID air-travel banquet. According to FlightAware, the skies now host an average of some 5600 daily delays and 340 cancellations worldwide, a statistical reminder that punctuality, like...
Nairobi came alive on Wednesday evening as Dr Catherine Masitsa hosted a dazzling, Rio-Carnival-themed celebration to mark the ongoing rollout of The Real Housewives Ultimate Girls Trip: Africa, now streaming on Showmax.
The event, held at the opulent Castello Dell’Amore...
Kenya Association of Manufacturers (KAM), in partnership with the German Embassy in Nairobi and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ Kenya), today released a new Exports Competitiveness Study. The study findings show that Kenya has been missing out on...
A Nairobi tailor has become Kenya’s newest millionaire after turning a simple 99-bob prediction into an astonishing KSh 20.7 million win, a story now sweeping across the country and inspiring thousands of Kenyans to believe again in the power...
Kenya’s betting industry is shifting and this time, it’s not because of louder bonuses or bigger promises. It’s because punters are finally choosing platforms that reward discipline, consistency, and intelligent play. At the center of this shift is ImaraBet...
