Category: Business
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Mastercard MasterCard has partnered with Smile ID, an identity verification provider in Africa, to provide secure digital identity solutions across Africa. This deal will enable banks, fintechs, mobile money operators and players in this space to onboard new customers faster and reduce identity fraud. Identity theft happens when criminals steal personal info to apply for…
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Cabinet Secretary for Co-operatives and MSMEs Development, Hon. FCPA Wycliffe A. Oparanya, EGH, when he officially launched the SACCO Supervision Annual Report 2024. Kenyans who save and borrow through Saccos are reeling after their employers failed to remit Ksh 4.2 billion in deductions last year, leaving thousands at risk of loan defaults and damaged credit…
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Unga has been hit previously by the high costs of inputs. Unga Group Plc, the only listed miller at the Nairobi Securities Exchange (NSE) owned by the Ndegwa family, clawed back into profitability after a series of loss-making runs. This is according to Unga’s audited earnings for the financial year ending 30th June 2025, released…
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When the Hustler Fund was launched in late 2022, it carried a significant impact in President Ruto’s development agenda. Its main agenda was make affordable credit accessible to millions of Kenyans who had long been locked out of traditional financing. Today, more than two years later, the fund is no longer just a campaign pledge…
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Kenya Power has announced planned electricity interruptions across several counties on Thursday, September 25, 2025, to facilitate routine maintenance on the grid. The outages will run between morning and evening hours, depending on the affected area. Kamkunji (9:00 a.m. – 5:00 p.m.)Areas to be affected include Jua Kali, Shauri Moyo, Muthurwa Primary, parts of Gikomba,…
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If there’s one thing that defines progress you can feel beneath your feet – or more precisely, your wheels – it’s a good road. Over the past five years, Kenya has invested heavily in upgrading key roads that connect people, markets, and opportunities. The top five most improved roads are: 1. Taita Taveta Road Network…
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While the majority of Kenyans work so hard to make ends meet, a few crooked people are always snooping around and cheating their way into lucrative deals. Some well-connected people run the cartels that manipulate systems for their individual gain. Questions are being raised, for example, about how some tycoons secured a Sh15 billion rice…
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Protestors in Nairobi on June 25, 2024. PHOTO/ TKT Kenyans’ top five priority concerns are anchored in economic hardship and social welfare, with the cost of living, unemployment, Social Health Authority (SHA), corruption, and education costs emerging as the most pressing issues, according to a new Infotrak survey. The survey conducted between August 13th and…
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KRA Commissioner General Humphrey Wattanga Mulongo signing a Memorandum of Understanding on Customs cooperation between Kenya and UAE at State House Nairobi. PHOTO/KRA The Kenya Revenue Authority (KRA), through the National Treasury and Economic Planning, has published a draft of proposals expected to reshape how multinationals operating in Kenya—such as ChatGPT’s parent company OpenAI, Netflix,…
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A photo of cargo ships at Mombasa port. PHOTO/africasupplingchain Kenya’s main seaport, Mombasa port, handles most of the country’s imports, making efficient clearance essential for traders. Applying for a customs entry at the Port of Mombasa is a structured process overseen by the Kenya Revenue Authority (KRA). Here’s how importers can navigate it smoothly. Mombasa…