A recent consultative paper published by the Central Bank of Kenya announced plans to revise how banks set their banking fees. This radical move will bring tremendous changes to Kenya's financial landscape.
The changes suggested by the CBK as detailed...
The National Authority for the Campaign Against Alcohol and Drug Abuse (NACADA) has expressed concern over the growing misuse of Airbnb rentals as gathering spots for illegal drug use and excessive alcohol consumption.
In a statement released on Monday, the...
StanChart Bank's former employees have won a court battle over pension payments. This is after the Court of Appeal ruled in their favour bringing the pensioners closer to receiving funds they've pursued for years.
The Court rejected an appeal by...
The government, through Education CS, has announced that it will release Public school capitation funds amounting to Sh14 billion in the coming week.
The government had committed Sh28 billion for the first term but only released half. The CS requested...
NEMA has taken a strong stance on industrial pollution in the country, as the regulator continues its nationwide crackdown on factories explicitly disregarding environmental regulations.
Three pyrolysis factories operating in different parts of the country have been subjected to forceful...
US President Donald Trump has appointed 13-year-old DJ Daniel, a cancer survivor, as an honorary agent of the US Secret Service.
"Tonight, DJ Daniel, we are about to give you the greatest honour of all. I am instructing our new...
Independent Power Producers (IPPs) are currently embroiled in dispute with the Geothermal Development Company (GDC) over a Sh4.2 billion tender.
A consortium has challenged GDC’s decision to cancel the contract before the Public Procurement Administrative Review Board.
The group comprising of...
Local authorities are struggling to deal with several foreign digital lenders, who have on multiple occasions, been accused of harassment due to the absence of global data protection framework.
Complaints about these apps invading people’s privacy keep coming in, but...
Bidco Africa Group has expanded its product lineup by acquiring a company specializing in breakfast cereals and snacks.
Bidco began operations as a soap manufacturer in 1985, before venturing into cooking oil production. The firm has now expanded its operations...
The Konza Technopolis Development Authority (KOTDA) has officially applied for a license to produce and supply electricity.
Konza Technopolis is one of the major projects under Kenya’s Vision 2030 development plan. Its goal is to create a world-class smart city...
